The Outdoor Industry Association has weighed in on the latest moves in the ongoing battle over federal land holdings in Western states, penning a letter to Congress this month on its opposition to the mandated federal land sales included in the House Natural Resource Committee's budget reconciliation package.

Net income attributable to shareholders at the Taiwanese footwear and sporting goods manufacturer fell by 10% to TWD 1,148.8 million ($34.5 mm) in the first quarter from TWD 1,270.6 million, with 1% lower revenues of TWD 20,722.8 ($622.3 mm), down from TWD 20,616.5 million.

The Taiwanese exercise equipment maker's bottom line swung back to a profit of TWD 276.3 million ($8.3 mm) from a loss of TWD 137.9 million, as sales climbed 32% to TWD 10,609.5 million ($318.6 mm) against TWD 8,026.2 million.

New York-based Fashion Footwear LLC saw the NYS Appellate Court hold that Iconix Brand Group affiliate, U.S. Pony Holdings, improperly ended its exclusive footwear license with the company.

Colt Manufacturing is recalling CBX Precision and CBX Tac Hunter bolt-action rifles because they can unintentionally discharge without pulling the trigger, under certain conditions with the safety off.