ACT Lab Adds Phil Bash To Global Sales Team

ACT Lab, the independent, third-party accredited laboratory that conducts safety and compliance testing for the bike and outdoor industries, has announced the addition of Phil Bash to the lab’s global sales team, effective immediately.

Amer Sports Restates 2017 On Accounting Change

Amer Sports has adopted the new IFRS 15 standard ‘Revenue from Contracts with Customers’ as of January 1, 2018. As a result of the adoption, Amer Sports has restated the 2017 figures by using the full retrospective method.

RECALL: L.L.Bean Knives

About 600 knives sold by L.L.Bean are being recalled, according to a press release from the  U.S. Consumer Product Safety Commission.

SFIA: Sporting Goods Scores Highest Annual Growth In Three Years

SFIA’s 2018 Manufacturers’ Sales Report showed sales in the sports and fitness industry grew 2.9 percent in 2017, representing the best annual growth in three years. Strong category performance was seen in basketballs, batting gloves, camping coolers, sports bras, fitness/workout footwear and fishing equipment.

Trump Weighs Rejoining Trans-Pacific Partnership

President Donald Trump has directed his top economic and trade advisers to look into re-entering the Trans-Pacific Partnership. The move would come a little over a year after withdrawing the U.S. from the the multilateral trade agreement in one of his first acts as president.