President Donald Trump last week led the U.S. into a new chapter of the ongoing trade war with China when he announced a 25 percent tariff increase on $200 billion worth of Chinese imports, a move that prompted Beijing to retaliate. SGB compiled the latest reactions from associations and companies as well as a tariff timeline.
Author: SGB Media
Darn Tough Vermont Names New CTO And HR Director
Outdoor and lifestyle socks brand Darn Tough Vermont on Monday announced the appointment of Jim Decker as chief technology officer and John LeBourveau as director of human resources.
Nemo Selects Freestone To Represent In Rockies
Outdoor gear and accessories brand Nemo Equipment has hired Freestone Sales Group to grow sales and service existing accounts in the Rockies.
Uncharted Supply Co. Announces Executive Appointments
Uncharted Supply Co., maker of emergency preparedness products, on Monday announced the addition of Jordan Parise and Ryan Heuser. Parise will serve as Uncharted’s director of sales while Heuser joins the team as the brand’s head of creative.
SMC, SMC And NBS To Co-Locate Hardgoods Meeting
The Snowsports Merchandising Corporation (SMC), Sports Specialist Ltd. (SSL), and Nation’s Best Sports (NBS) announced plans join together to hold their Hardgoods Committee meetings in Park City, UT in late October.
Cannondale Driving Rebound For Dorel Sports
Dorel Industries said its Dorel Sports’ segment showed some recovery in the first quarter. Growth at Cycling Sports Group (CSG), led by Cannondale, helped offset continued pressures at the mass channel. Said Martin Schwartz, Dorel’s CEO, “We’re excited about prospects with the Cannondale line demonstrating excellent momentum.”
ElliptiGO Announces New Operations, Sales Team Members
ElliptiGO Inc., the pioneer of stand-up cycling, announced the addition of two new team members at both their San Diego headquarters and in the field. Jessica DellaRossa has been hired as a sales operations specialist. Cindy Decker has been hired as a territory sales manager.
Mueller To Sponsor World Federation Of Athletic Training And Therapy
Mueller Sports Medicine has signed on as the Official Sponsor of The World Federation of Athletic Training and Therapy (WFATT). WFATT encourages the development and growth the profession globally.
Vicis Partners With Conference USA
Conference USA and Vicis, the maker of football helmets, announced a partnership to extend access to the Vicis Zero1 conference-wide and educate football players on the latest safety advancements in sports equipment.
Sustainable Apparel Coalition Launches Technology Venture Higg Co.
The Sustainable Apparel Coalition announced the launch of Higg Co., a public benefit company that will develop the technology that delivers the Higg Index. The Higg Index is a suite of sustainability assessment tools used globally by brands, retailers and manufacturers to measure the environmental and social performance of a company or product.
Fanatics Signs New York Mets’ Rookie Pete Alonso
Fanatics announced an exclusive multi-year partnership with MLB rookie sensation Pete Alonso, who will join its roster of athletes housed under the company’s memorabilia division, Fanatics Authentic.
Emerald Expositions Appoints New CEO
Emerald Expositions Events Inc. appointed Sally Shankland to the position of president and chief executive officer of Emerald. Phil Evans, Emerald’s interim president and chief executive officer, will continue to serve as the company’s chief financial officer.
Lululemon Strips Founder Chip Wilson Of Right To Appoint Board Member
Lululemon in a regulatory filing declared that founder Chip Wilson’s right to appoint a board director has been terminated.
Eddie Bauer Reaches $9.8M Settlement Over Data Breach
Eddie Bauer agreed to a settlement with Iowa-based Veridian Credit Union over a class action lawsuit related to a 2016 data breach, according to documents filed in the U.S. District Court for the Western District of Washington. The retailer admitted no wrongdoing in the filing.
Dorel Sports’ Profits Bounce Back In Q1
Dorel Industries reported its Dorel Sports’ segment posted an operating profit of $4.5 million in the first quarter, rebounding from a loss of $774,000 a year ago. The prior year’s first quarter included a $6.6 million impairment loss recorded on Toys “R” Us trade accounts receivable and a $1.5 million operating profit related to Toys“R”Us shipments prior to the U.S. bankruptcy.
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