January 27, 2017
While rising labor rates in Asia continue to exert upward pressure on manufacturing costs, net increases should be minimal for this year as wage increases are offset by manufacturing efficiencies and mostly stable raw materials prices.
Despite the retail bankruptcies that shook the golf market in 2016, the mood was decidedly positive at the 2017 PGA Show in Orlando, as exhibitors reported solid traffic and the feeling is that golf’s recovery is on track, if moving more slowly that some would like.
The makers of the anti-concussion technology have asked the DE bankruptcy court not to approve the transfer of their exclusive license to the new owners of the company led by Sagard Capital, claiming that Performance Sports Group has committed numerous breeches of the license agreement.
Travis Campbell replaces Mark Satkeiwicz, who left to become general manager of Toms North America.
Five months after most sponsors abandoned the 12-time Olympic medalist in the wake of his misbehavior at the Rio Olympics, Tyr is featuring Lochte in a new marketing campaign, “Just Let Me Work.”