Mountain Capital Partners Joins SMC

Snowsports Merchandising Corp. (SMC), a buying group of specialty ski and snowboard shops in the winter sports industry, on Monday announced that Mountain Capital Partners has joined the group.

Mark Jordan Joins CrankTank Consulting Agency

CrankTank on Monday announced that Mark Jordan is joining the Idaho-based consulting agency. Jordan, formerly of Fox Factory Inc., adds marketing leadership experience and a strong brand communications background to CrankTank’s expertise in digital marketing, e-commerce strategy and public relations business.

Vail Resorts, Arapahoe Basin End Pass Partnership

Vail Resorts Inc. on Monday announced that the company’s pass partnership with Arapahoe Basin will end after the 2018-19 ski season. A new season pass, the Keystone Plus Pass, will replace the Keystone A-Basin Pass for the 2019-20 season and will include 10 buddy tickets for any passes purchased before the April deadline.

Retail Imports Still Strong As Possible March Tariff Hike Approaches

Imports at the nation’s major retail container ports have dipped since peaks seen last fall but remain at higher-than-usual levels as a possible increase in tariffs on goods from China approaches in March, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.



Newell Brands Embarking On Final Wave Of Divestitures

Shares of Newell Brands Inc. dropped $4.53, or 20.9 percent, to $17.16 at market close Friday after the company earlier in the day reported a sharp decline in fourth-quarter operating earnings as it absorbed a $157 million impairment charge. Revenues declined 6 percent to $2.3 billion, missing Wall Street’s target by $90 million.