June 19, 2018 U.S. Escalates China Trade Tensions with Threat of Tariffs on $200 Billion
As China prepares to retaliate against the Trump Administration’s pending implementation of 25% tariffs on Chinese imports with similar measures against $50 billion in U.S. imports, the U.S. is now upping the ante with an announcement by the President that he has directed the US Trade Representative to identify an additional $200 billion in Chinese imports for 10% tariffs. Bain Capital Buys Varsity Brands for a Reported $2.5 Billion
The cheerleading and team sports powerhouse was sold by Charlesbank which acquired the company in 2015 for $1.5 billion from an ESOP. Puma Taps Jay-Z as Basketball Creative Director
The appointment of the iconic rapper sets a clear tone for the direction Puma’s basketball business will take, focusing on the sport’s tie-ins with popular culture, music and fashion. May National Park Visits Fall 2%
National Park recreational visits declined 2% in May to 31,369,219 from 32,144,371 fighting back from the steep weather-induced drops early in the year, and were down 5% year-to-date at 104,505,752 vs. 110,270,950. Etcetera: Gander, L.L. Bean, Fjällräven
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