August 20, 2018 Industry Protests New Tariffs on China-Made Goods
SFIA and OIA testified against imposing tariffs on $200 billion of Chinese made goods at a hearing before the U.S. Trade Representative. Alpargatas’ Sports Business Mixed in Q2
Results were hurt by the trucker strike that paralyzed Brazil for two weeks at the end of May, sending its Mizuno sneaker business down 8% to R$1,109 million ($281.7 mm) there and its sports apparel sales down 13% to R$292 million ($74.2 mm). Symphony Holdings H1 Net Drops Despite Topline Gains
Comprehensive net income was HK$1,499,000 ($195k) down from HK$115,410,000 in the first half, including a HK$114 million negative swing in foreign exchange differences, on 19% higher revenues of HK$188,130,000 ($24.5 mm) vs. HK$158,728,000. Oakley Sues Smash It Sports for Selling Counterfeits
The Luxottica-owned eyewear brand says that Rochester, NY-based Smash It Sports has been selling eyewear using counterfeit reproductions of the Oakley trademarks. July National Park Visits Fall 3%
National Park recreational visits declined 3% in July to 44,306,581 from 32,144,371 and were also down 3% year-to-date at 188,958,264 vs. 195,343,401.
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