April 05, 2018
Macpac’s sales for the fiscal year ended Mar. 31 increased 21.2% to NZ$97.3 million and EBITDA was NZ$17.2 million, in line with SRG’s pro-forma estimates, while comp store sales gained 8.6% for the year.
Nike, Fitbit, GoPro, Garmin and several other defendants saw a CA District Court Judge dismiss claims of infringement brought by Cellspin Soft, ruling that the patents in question were abstract ideas, not inventive concepts.
Distribuidora Industrial De Calzado is suing the running shoe maker claiming it breached the distributor agreement by conspiring to replace DICSA with Harari, Inc. and Sportline América in Costa Rica, Guatemala, Nicaragua, El Salvador, Honduras, Belize and Ecuador.
James Pepion, who pleaded guilty to importing and selling about $2.6 million in counterfeit Nike and Jordan sneakers last June, was sentenced to four months in prison by an Oregon District Court judge, the Oregonian reported.