March 17, 2017
I have been covering the sporting goods industry since 1978, so needless to say I’ve seen a lot of change in the market and how we do business. Change always generated controversy—that is winners and losers—but change in the 1980s and 1990s was mostly about a fast growing market where almost every ship was lifted on the tide. Adidas Sues Asics over Fitnesskeeper
The Big a claims that the Fitnesskeeper and Runkeeper apps, which Asics acquired last year, infringe on 10 of its patents which cover aspects of activity and location tracking, data collection and information sharing and organizing. Kristine Tompkins to Donate 10 Million Acres in Chile
The widow of The North Face founder Doug Tompkins and former CEO of Patagonia will make the donation of 1 million acres which will be supplemented by another 9 million acre donation from the Chilean government to expand Pumalin Park. Wolverine Brand Names Two New Execs
Parent Wolverine World Wide appointed John Estes as VP of global sales and Andy Shripka as VP of marketing for its flagship brand. FSN Capital Acquires Active Brands
The seller, Holta Invest, will retain a 20% stake in Active Brands, which manages a portfolio of apparel and equipment brands, including Kari Traa, Dæhlie, Bula and Sweet Protection.
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