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Maine Waters Off New England Had 2nd Warmest Year On Record In ’22

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PORTLAND, Me. — Last year, the waters off New England, home to rare whales and most of the American lobster fishing industry, had the second warmest year on record.

The Gulf of Maine, a body of water the size of Indiana that runs through Maine, New Hampshire, Massachusetts, and Canada, is warming faster than the vast majority of the world’s oceans. According to scientists at the Research Institute, a science center in Portland, last year fell short of setting a new high mark for the hottest year by less than half a degree Fahrenheit.

According to scientists, the average sea surface temperature was 53.66 degrees (12 degrees Celsius), more than 3.7 degrees above the 40-year average. They claim that accelerated warming is altering an ecosystem supporting numerous important commercial fishing industries, particularly lobsters.

According to Janet Duffy-Anderson, the institute’s chief scientific officer, one implication is that warming is driving species more associated with southern waters into the Gulf of Maine and altering its food chain. This includes species that prey on lobsters, such as black sea bass.

maine

Researchers In Maine Found Water Warmer Than Usual

“Who will be the emergent species and who will decline is, in large part, a function of those interactions,” Duffy-Anderson said. “We are not currently in a period of stability.”

The Gulf is the heart of the lobster fishing industry, which has seen record catches over the last decade. However, lobster fisheries in deeper southern waters have collapsed, and scientists attribute this to rising temperatures.

The Gulf of Maine is also an important habitat for marine mammals such as the North Atlantic right whale, which has a population of only about 340 individuals, and sea birds such as Atlantic puffins. These and other species are threatened by disruptions in their food supply caused by warming waters.

According to a report released on Wednesday by the Gulf of Maine Research Institute, the environmental factors accompanying high temperatures in the Gulf of Maine include persistent, intense heatwaves.

The warming coincides with the warming of the world’s oceans. According to the report, last year was the third-warmest year on record for global sea surface temperature.

maine

A Great Loss Of Balance Happening Around The World

“What is being observed in the Gulf of Maine (and elsewhere around the world) is a loss of that balance: larger fractions of recent years have experienced above-average temperatures, and cold spells are becoming increasingly rare,” according to the report.

According to records dating back to 1982, the hottest year in the Gulf of Maine was 2021. The average annual sea surface temperature that year was slightly higher than 54 degrees (12.2 degrees Celsius). Last year was a fraction of a percent warmer than the previous year, which was the third warmest in 2012.

Those three years were the only ones in recorded history when the average temperature of the Gulf of Mexico exceeded 53 degrees (11.7 degrees Celsius).

According to the report, other data paint a picture of the Gulf of Maine as a site of prolonged warming. According to the report, the average monthly sea surface temperature was among the top three warmest in nine of the year’s twelve months. According to the report, November and December both set new records for the highest monthly average sea surface temperature in the Gulf.

SOURCE – (AP)

 

Fashion

2024: MLB Players Concerned About Uniform’s ‘See-Through’ Pants Ahead Of The New Season

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MLB

Major League Baseball players have encountered an unexpected issue ahead of the new season: a defective outfit.

Players and spectators have previously expressed issues about the new jerseys worn this season, and on Thursday, as spring training games began, MLB Players’ Association (MLBPA) executive director Tony Clark expressed concern over the pants.

“A lot of the rhetoric is confirmation that the trousers are see-through,” Clark stated, according to ESPN. “It’s been a continuing conversation, with each day bringing something new that appears to make less sense than you’d like.

mlb

MLB Players Concerned About Uniform’s ‘See-Through’ Pants Ahead Of The New Season

“Universal concern,” Clark remarked, “is the pant.”

The jerseys for the new uniforms, designed by Nike and manufactured by Fanatics, have already received criticism from fans for seeming cheap, lightweight, and having an unappealing appearance. Meanwhile, a Baltimore Orioles player described the new jerseys as “a knockoff” from TJ Maxx.

“It’s disappointing that we’ve landed in a place where the uniforms are the topic of discussion,” Clark said.

According to a news release, Nike collaborated with over 300 athletes to create a more breathable, lightweight, and stretchy jersey.

mlb

MLB Players Concerned About Uniform’s ‘See-Through’ Pants Ahead Of The New Season

The corporation has yet to react to CNN’s prior request for comment on criticism of the uniforms, and Fanatics has declined to comment.

Players wore them during last season’s All-Star Game, and Nike and MLB reported that they were favourably received.

“They’re designed to be performance wear rather than what’s traditionally worn, so they’ll be different,” MLB Commissioner Rob Manfred said of the uniforms.

mlb

MLB Players Concerned About Uniform’s ‘See-Through’ Pants Ahead Of The New Season

“I think after people wear them a little bit, they’re going to be really popular.”

This year’s Opening Day is set for March 28, but the Los Angeles Dodgers and San Diego Padres will play two regular-season games in Seoul on March 20 and 21, marking the first MLB games in South Korea.

SOURCE – (CNN)

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Nike Is Cutting About 1,700 Jobs

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Nike will lay off approximately 2% of its employees, or almost 1,700 people, as the sportswear titan seeks to save up to $2 billion in expenditures.

“The actions we’re taking put us in a position to right-size our organisation to pursue our most promising growth opportunities,” a Nike (NKE) representative said in a statement Friday. “While these changes will impact approximately 2% of our total workforce, we are grateful for the contributions made by all Nike teammates.”

According to its most recent annual report, the corporation employs around 83,700 individuals globally as of May 31, 2023.

nike

Nike Is Cutting About 1,700 Jobs

Nike lowered its revenue projection and announced cost cuts in December, citing rising fears that consumers worldwide are cutting back on spending. The corporation aimed to save up to $2 billion over the following three years.

Customers are shifting their spending habits, preceding discretionary purchases of things such as pricey trainers and athletic apparel in favour of necessities and experiences like concerts and travel.

Nike Is Cutting About 1,700 Jobs

Nike also faces stiff competition from emerging companies like Hoka and On Cloud.

When presenting the company’s latest financial results in December, Nike finance boss Matt Friend said its gloomier forecast reflected “indications of more cautious consumer behaviour around the world” and “increased macro headwinds in China and Europe.”

Nike Is Cutting About 1,700 Jobs

China, the world’s second-largest economy, is confronting significant hurdles, including dissatisfied customers, a real estate collapse, and decreased exports.

Meanwhile, according to official statistics released Wednesday, Europe narrowly averted a recession in the final three months of 2023, with its economy flatlining. Germany, the region’s largest economy, contracted last year for the first time since the outbreak of the Covid-19 pandemic.

SOURCE – (CNN)

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Birkenstock Spooks With Cautious Outlook Even As Its Sandals Stay On Trend

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Birkenstock, a popular footwear manufacturer, startled investors with a cautious view in the New Year despite its pricey-yet-folksy sandals being popular among buyers of all ages.

The German shoemaker, which went public in October, released its first quarterly results after the IPO on Thursday. Despite good sales, the business issued a cautious view for 2024, predicting a “modest headwind to impact margins.”

Birkenstock shares fell about 8.5% on Thursday following the news.

birkenstock

Birkenstock Spooks With Cautious Outlook Even As Its Sandals Stay On Trend

The company forecasts adjusted earnings for the year to be roughly 30% lower due to “planned ramp up costs” compared to 32% in 2023.

It also expects sales to increase by 17% to 18% in 2024, compared to the previous year, as the company expands into new areas and invests in more retail outlets and delivery systems.

The company stated that a 6% increase in unit sales and a 14% increase in average selling price would result in a 20% increase in revenues for 2023 compared to the previous year.

“Their sales did exceptionally well in the quarter. The full-year sales guidance for the coming year was also higher than expected. In an interview with CNN, Abigail Gilmartin, a retail equities research analyst with Bloomberg Intelligence, stated that their margin statement was the primary cause of the stock’s decline.

“They have extremely great profitability, which was a major issue during and after their IPO. This year, margins declined primarily due to inflation, and they advised a little more conservatively.

birkenstock

Birkenstock Spooks With Cautious Outlook Even As Its Sandals Stay On Trend

Because of the brand’s consistent demand, she claimed the company did not have to resort to significant discounting throughout the holiday season. Gilmartin stated that this year’s distribution centre investments represent a “near-term headwind” required for future growth.

“We expect margins to reaccelerate as additional capacity comes online,” she said. “Overall, the brand is healthy, with significant sales growth in the fourth quarter and promising first-quarter trends thus far. The company produces extremely high-quality items. Once you put on a Birkenstock, you realize how pleasant the footbed is.”

Birkenstock sandals, which range in price from about $50 for a low-cost waterproof foam version to well over $200 for its iconic premium leather styles, are popular among both older comfort-seeking consumers and younger TikTok-inspired shoppers, according to Beth Goldstein, a footwear analyst with market research firm Circana.

“It is a premium product, but compared to other luxury items, Birkenstocks are fairly accessible,” she said.

birkenstock

Birkenstock Spooks With Cautious Outlook Even As Its Sandals Stay On Trend

Birkenstocks, she said, experienced a rebirth about ten years ago, owing to collaborations with high-fashion labels and new additions such as fur-lined versions. Then the pandemic struck.

“The ease of these sandals matched with the informal comfort dressing trend, which was already in place prior to the pandemic and accelerated during it. Birkenstock was at the vanguard of it,” Goldstein explained. And it could remain there for the time being.

“There is no evidence that consumers are gravitating toward dressier styles. “Consumers still value casual comfort,” she said.

SOURCE – (CNN)

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