November 20, 2017 Maurice Sporting Goods Files for Ch. 11 Bankruptcy
The Northbrook, IL-based outdoor sporting goods wholesaler, which had been courting potential buyers, filed a prepackaged reorganization plan while simultaneously announcing a deal to be acquired by private equity firm Middleton Partners. Sheikh Shoes Seeks Financing to Avoid Bankruptcy
The struggling inner city retailer is talking to several banks to avoid a Chapter 11 filing, according to a report in Reuters. Adidas Hints at Pullout from World Cup Sponsorship if FIFA Convicted
With the Brooklyn trial of FIFA officials on bribery charges producing a daily diet of criminal activities, Adidas CEO Kasper Rohrsted told a German newspaper that if FIFA is convicted, the company could end its decades-long sponsorship of the World Cup. Survey: Athletic Dominates Holiday Footwear Demand
Athletic footwear, both performance and casual, was the top footwear category that every age group planned to purchase this Holiday season, according to the FDRA’s just released National Holiday Shoe Sales Survey. Columbia Wins Restraining Order in Omni-Heat Suit
A District Court judge granted COLM’s motion for a temporary restraining order to prevent Seirus Innovative Accessories from initiating a PTO reexamination of the Omni Heat design patent. ITC Investigates Yeti Knockoffs
The cooler maker sees the International Trade Commission open an investigation into online retailers and manufacturers in response to its complaint that they are selling insulated beverage containers that infringe on nine trademarks or design patents. National Park Visits Slip 7% in October
National parks had 26,684,046 visitors in Oct., down 7% from 28,732,256 in 2016, but year-to-date visits were flat at 296,153,853 vs. 295,429,409.
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