President and CEO Matthew Shay said in a statement, “We are pleased a deal has been reached that preserves NAFTA’s trilateral framework, which is critical to protecting North American supply chains that support millions of American jobs.”
Author: SGB Media
NCTO Welcomes United States-Mexico-Canada Agreement Announcement
Said National Council of Textile Organizations (NCTO) President & CEO Auggie Tantillo, “Unlike the original NAFTA, the new agreement includes a separate textile and apparel chapter. This outcome is a tangible recognition by all three parties of the importance of textile manufacturing to the regional economy.”
BSN Sports Acquires Port Jeff Sporting Goods
BSN Sports, a division of Varsity Brands and the nation’s largest direct marketer and distributor of sporting goods to the school and league markets, announced the company has completed the acquisition of Port Jeff Sporting Goods based in Port Jefferson, NY.
Timberland Opens Experiential Pop-Up In NYC
Timberland opened the doors to the company’s first experiential pop-up store on New York’s famed Fifth Avenue, at 43rd Street. The concept store reflects the brand’s 45-year heritage through the lens of nature–living trees, natural earth terrariums, an over-sized living green wall–and experiential weather moments to inspire the community to embrace the outdoors in the city.
US And Canada Strike Deal To Replace NAFTA
The U.S., Canada and Mexico have reached a deal to revamp the North American Free Trade Agreement (NAFTA). The new deal, called the U.S.-Mexico-Canada Agreement, or USMCA, keeps the framework of NAFTA largely intact, maintaining the status quo of free trade between the three countries.
New Era Named As Tottenham’s Official Headwear Licensee
The Tottenham Hotspur football club announced a multi-year agreement with headwear brand, New Era.
Amazon Announces $15 Minimum Wage For All Employees
Amazon announced it is increasing the company’s minimum wage to $15 for all full-time, part-time, temporary (including those hired by agencies) and seasonal employees across the U.S.—effective November 1.
Moody’s Rates Brunswick Notes Baa2, Review For Downgrade
Moody’s Investors Service assigned a Baa2 rating to Brunswick Corporation’s proposed senior unsecured notes. The ratings remain under review for downgrade.
Puma Appoints Senior Manager Corporate Communications
Puma has reinforced the company’s corporate communications team by appointing Robert-Jan Bartunek as senior manager corporate communications. In this position, Bartunek will report to Puma’s senior head of communications Kerstin Neuber.
North Face Presents “Free Solo” Speaker Series Tour
The North Face announced the Free Solo Speaker Series tour, featuring professional athletes Alex Honnold and Jimmy Chin. Through the eyes and lens of filmmaker/climber Jimmy Chin, the audience will follow climber Alex Honnold’s two-year journey to achieve the greatest climbing feat the world has ever seen – climbing 3,200 feet of El Capitan in Yosemite National Park without a rope.
Aaron Judge Leads MLB Jersey Sales For Second Straight Season
For the second time in as many seasons in his Major League career, Aaron Judge was the player whose jersey fans most wanted to wear, Major League Baseball announced. Judge was followed by Astros second baseman Jose Altuve, Cubs infielder Javier Baez, Dodgers starting pitcher Clayton Kershaw and Red Sox right fielder Mookie Betts to round out the top five.
Conservation Alliance Raises $879,000
The Conservation Alliance sent grants totaling $879,000 to 22 organizations working to protect wild places throughout North America.
Penguins To Support ‘Sports Matter’ With Dick’s Sporting Goods
Pittsburgh Penguins players wore green skate laces at practice on Monday to support the “Sports Matter” program with Dick’s Sporting Goods.
Yeti IPO Shows Revenues Bouncing Back
Yeti is taking the company’s second crack at going public after seeing sales plunge 22 percent in 2017 and witnessing a robust recovery so far this year. The slowdown was caused by over-buying by retailers that led to a glut of inventory in the marketplace as well as a challenging retail marketplace, in part caused by the delay in the merger of Bass Pro and Cabela’s and several retailer bankruptcies.
CrossFit Inc. Officially Sanctions Global Fitness Festival Wodapalooza
CrossFit Inc. on Monday announced that Wodapalooza, a global fitness festival and inclusive competition, is joining the roster as the seventh event to be sanctioned by CrossFit.
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