January 24, 2017 Sporting Goods Market in China on Fast Track
A combination of a growing consumer economy and strong government support is expected to boost the estimated RMB 1.5 trillion ($216.8 billion) sports market in China, with sports apparel and footwear enjoying an 8.6% CAGR, one of the fastest growth rates in this fast growing sector, according to a report compiled by The Economist and sponsored by sneaker giant Anta. Louisville Slugger Sued Over Alleged Bat Defect
A class action suit has been filed against Louisville Slugger and its parent Wilson Sporting Goods in Northern District of Illinois federal court claiming that the Prime 916 BBP9163 BBCOR bat is defective because the handle and bat move independently, causing the bat to easily break.
The Jackson Hole, WY-based maker of eyewear retention accessories and very cool trout belts among other things was acquired by Hilco for undisclosed terms. Etcetera: Leatherman, Dakine, Black Diamond, Golftown, KT Tape
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