Nike Pushing To Promote More Women And Minorities

Nike “has failed to gain traction” in hiring and promoting more women and minorities to senior-level positions, according to a memo sent internally to Nike’s employees Wednesday from Monique Matheson, EVP, global human resources.

Macy’s CFO To Retire

Macy’s Inc.  announced that Karen Hoguet, chief financial officer since 1997, has decided to retire in February 2019, at the completion of the company’s fiscal year.

Starboard To Continue Proxy Fight Against Newell Brands

Starboard Value LP, the activist hedge fund seeking to replace Newell Brands’ board, plans to press ahead with a proxy fight at Newell Brands Inc. despite the company giving billionaire investor Carl Icahn four board seats, according to a regulatory filing.

OIA Issues Statement On China Tariffs

The Outdoor Industry Association (OIA) said that while apparel, footwear and travel goods were not included on the United States Trade Representative’s initial list of products from China subject to higher tariffs, the organization will will continue to make the case that outdoor products should not be included on the final list.