Nautilus’ Q4 Earnings Drop On Impairment Charge

Nautilus Inc. reported earnings slid in the fourth quarter after absorbing an impairment charge for the Octane Fitness trade name. Operating income before the charge fell 21 percent due to lower gross margins and increased media spend. Revenues grew 1.7 percent.

Helinox To Open North American Office

Helinox, the Korean-based leader in high performance collapsible furniture, has announced plans to launch a U.S.-based subsidiary, Helinox USA. The initiative will be led by industry veterans Sally McCoy and Ted Ganio with McCoy serving as the Executive Chair of the Board and Ganio as CEO.

Patagonia Partners On Regenerative Organic Certification Launch

The Regenerative Organic Alliance, a diverse coalition of organizations and businesses led by Rodale Institute as board chair and spearheaded by Dr. David Bronner and Patagonia in the areas of farming, ranching, soil health, animal welfare, and farmer and worker fairness, announced the unveiling of the Regenerative Organic Certification (ROC), which will officially launch this year at Natural Products Expo West, 2018.

Garmin Selected As Exclusive Marine Electronics Supplier To IBBI

Garmin International, Inc., a unit of Garmin Ltd., announced that is has been selected as the exclusive marine electronics supplier for the Independent Boat Builders, Inc. (IBBI), the industry’s largest purchasing cooperative comprised of a 19-member network of leading boat brands.

Deckers Outdoor’s CFO To Step Down

Deckers Outdoor Corporation said in a regulatory filing that, after nine years of valuable contributions and dedicated service to the company, Thomas A. George will be stepping down as chief financial officer of the company to pursue other interests.

NRF Calls Steel And Aluminum Tariffs ‘Tax On American Families’

In a statement, NRF President and CEO Matthew Shay, called President Trump’s call for new tariffs on steel and aluminum “a tax on American families. When costs of raw materials like steel and aluminum are artificially driven up, all Americans ultimately foot the bill in the form of higher prices for everything from canned goods to electronics and automobiles.”