A sweeping expansion on derivative product categories affected by the 50% steel and aluminum tariffs took effect Monday, the latest in a series of recent trade developments, including another 90-day pause on triple-digit China levies and India facing a doubling of its rates.

Proceeds from the sale of UFI’s Madison, NC, manufacturing facility more than offset a restructuring charge and continued weak operating results, resulting in net income of $15,470,000 against a loss of $3,984,000 for the final fiscal quarter ended June 29.

Authentic Brands Group inked an agreement to acquire a majority stake in Guess, taking the designer apparel brand private, in a deal valued at $1.4 billion, including debt.

The TJX-owned outdoor retailer finished the second quarter ended Aug. 2 with 127 doors, adding four new locations.

Under Dog deposited funds with the trustee to retire all $600 million of its outstanding 3.25% senior notes due 2026.