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January 27, 2025


De Minimis Limits Started by Biden Likely to Move Forward Under Trump

It appears de minimis reform will have a smooth handoff between the outgoing and incoming administrations, as Biden-era Customs and Border Protection officials posted Notices of Proposed Rulemaking in the Federal Register last week seeking to rein in tariff- and duty-exempted shipments.

Surf 9 Seeks Bankruptcy Protection

Surf 9, LLC, a licensee of Body Glove and several other sporting goods brands based in Bonita Springs, FL, has filed for Chapter 11 bankruptcy protection in E. NY listing up to $50 million in assets and liabilities.

Newton Golf Reports Massive Preliminary Results

The high-end golf equipment maker expects the top line to skyrocket in its fiscal fourth quarter ending Dec. 31 to between $1.1 and $1.3 million from $117,000 last year, while full-year revenue is anticipated to increase almost tenfold to $3.4 to $3.6 million from $349,000 prior.

REI Greensboro Votes to Unionize

Staff at the outdoor co-op’s Greensboro, NC store voted to join the Retail, Wholesale and Department Store Union on Jan. 24, making it the eleventh REI unionized store and joining about 600 other workers across the company.

Etcetera: Logo Brands, Wolverine, Wintersteiger, Pressio

 
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