November 25, 2024 New Tariffs Come with Huge Costs, but Treasury Pick Augers Moderation
Recent moves from the Trump transition team are producing mixed emotions over looming tariff threats, with many analysts breathing a sigh of relief over free trade/protectionist moderate Scott Bessent’s nomination to the Secretary of the Treasury post. Vista Outdoor Shareholders Overwhelmingly Approve CSG Deal
Nearly 98% of ballots cast at VSTO’s special meeting of shareholders were in favor of selling its Kinetic Group to Czechoslovak Group, the company reported following this morning’s vote.
Hypebeast’s “HBX” e-commerce and retail revenues dropped 48% to HK$ 81,880,000 ($10.5 mm) in the fiscal first half that ended Sep. 30 from HK$ 156,896,000 a year ago, driven by management efforts to right-size the segment and inventory levels. Nike Elevates Treasure Heinle to HR Chief
Succeeding the retiring Monique Matheson, Heinle will move from her current role as the Swoosh’s chief talent officer, taking over as EVP and chief human resources officer effective Jan. 6, 2025. VF Corp. Plans Layoffs as DC Closes
According to WARN notices filed in VA, VFC plans on shuttering its 500,000-sq.-ft. Martinsville distribution center next March, impacting 242 employees by Jan. 19. National Park Visits Slip in October
National Park recreational visits declined 2% year-over-year in Oct., totaling 29,121,764 against 29,636,427, and year-to-date visits were off 3% at 280,848,427 compared to 289,763,754. Adidas’ Losing Streak against Thom Browne Continues
The Big a once again lost a case against the fashion brand in the long-running four-stripe design trademark dispute, this time in the London High Court. Etcetera: Skechers, Perfect Moment, L.L. Bean, OnCore Innovations, Gymshark
|