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Amer Sports To Take Write-Down Due To U.S. Tax Reform

Amer Sports said that because it has deferred tax assets of approximately $40 million in the U.S., the value of the company`s net deferred tax assets is expected to be reduced by approximately $13 million due to the federal tax rate change.

Nike’s North American Struggles Continue In Q2

With strong double-digit growth overseas, Nike Inc. reported second-quarter earnings and sales that topped Wall Street’s expectations but growth in North America decelerated further in the period. Nike officials further indicated that it will take one or two quarters for growth to resume in the region.

VF Named One Of America’s Most Just Companies

VF Corporation was named one of America’s Most JUST Companies, according to Forbes and JUST Capital, a nonprofit that ranks the U.S.’s largest publicly traded corporations on the issues Americans care about most.

AAFA Announces American Image Awards Honorees For 2018 Gala

Receiving the prestigious Person of the Year award will be Manny Chirico, Chairman and CEO of PVH Corp. Company of the Year will be the Camuto Group, and Fred Segal will receive Retailer of the Year. Joseph Altuzarra will be honored as Designer of the Year.

K-Swiss Supports PHIT America

PHIT America announced that K-Swiss is the latest brand in the sports industry to support PHIT America’s national efforts to help get young children get active, moving, and physically fit.

American Outdoor Brands Slashes Outlook On Weak Gun Sales

American Outdoor Brands Corporation, the parent of Smith & Wesson, M&P and Thompson/Center Arms, again reduced its guidance for the year due to ongoing challenges in firearms. The revision came while the company reported poor third-quarter results that generally came in line with guidance.

American Outdoor Brands Again Cuts Outlook

American Outdoor Brands Corporation, the parent of Smith & Wesson, M&P and Thompson/Center Arms, again reduced its guidance for the year due to ongoing challenges in firearms while reporting sluggish second-quarter results that generally came in line with guidance.