SGB Executive

EXEC: Asia FW Factory Growth Moderates in March; Feng Tay Dips

Yue Yuen’s manufacturing business, which boasts Adidas, Merrell, Asics, and many footwear brands as key customers, posted a 3.5 percent increase in March. Feng Tay, a major Nike supplier, returned to negative territory, dipping 1.7 percent year-over-year.

EXEC: JD Sports Revises Medium Term Plan as Sport Fashion Market Growth Slows

The parent company of the JD, Hibbett, Finish Line, DTLR and Shoe Palace retail brands in the U.S. now expects the sport fashion sector to grow at a slower rate over the medium term and is adapting its plans to capitalize on growth opportunities and the investments already made in infrastructure over the last two years.

EXEC: Trump Threatens to Push China Tariffs to 104 Percent Total

At issue was what Trump said was an effort to strike a trade deal with China that would be fair to both sides. China’s latest move on Friday to assess a 34 percent retaliatory tariff apparently lit the fuse as Trump threatened to add another 50 percent to the total tariff.