September 14, 2017 Have We Hit Bottom? Not Yet, Most Feel
If we strip out all the one-time aberrations in Q2, the state of the industry looks fairly bleak in many respects. Key retailers like Dick’s and Foot Locker have faltered, key brands like Nike and The North Face are re-setting in their U.S. business and there is widespread agreement that there is more contraction of brick-and-mortar space in front of us. Amazon Seen Improving Relations with Sporting Goods Industry
The tone from brands is increasingly optimistic, or at least less terrified, as many see signs of engagement and willingness to work with the e-commerce giant to manage their identity on its platform. Dick’s Sued over Second Skin Trademark by Tommy John
The underwear maker says its use of the Second Skin mark, while never registered with the USPTO, predates the trademarks that Dick’s acquired prior to launching its private label apparel line under that name, in a suit filed in U.S. District Court in S. NY. Goldman Sachs Makes $223 Million Investment in Under Armour HQ Development
The ambitious urban redevelopment project in Baltimore that will house Under Dog’s headquarters along with housing, retail and various other uses received its first major outside backing from private sources with the investment.
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