April 16, 2018 Domestic Industry Grew 2.9% In 2017
The wholesale value of the U.S. sporting goods industry reached $90,224 million compared to $87,717 million prior, according to a study conducted by Sports Marketing Surveys for the SFIA. Olympikus’ Parent Returns to the Stock Market
After a spectacular reorganization and recovery over the past few years, Vulcabras Azaleia is going public again, pricing the 68,420,000 shares offered at R$9.50 each by institutional investors in order to raise net proceeds of R$550 million ($168.8 mm).
Alpargatas, the Brazilian company that owns Havaianas and licenses Mizuno, saw sales tumble by 3% to R$951.1 million ($292.0 mm) in the third quarter with income from continuing operations down by 15% to R$71.3 million ($21.9 mm). Mainland Headwear Sales, Profits Gain in 2017
Comprehensive net income for the year increased 34% to HK$86,987,000 ($11.1 mm) from HK$64,827,000 helped by HK$14 million from exchange differences on foreign operations, as sales increased 2% to HK$890,707,000 ($113.5 mm) from HK$870,291,000. Jewish Jordan Sues Pro Performance Sports
Former American-Israeli basketball player Tamir Goodman is suing the SKLZ parent in DE District Court claiming that its Solo Assist basketball rebounder infringes on his patent No. 9,339,711. Sporting Goods Sales Declines Continued in March
Adjusted sales for sporting goods/hobby/book and music stores declined 3.3% to $6,943 million last month from $7,181 million in Mar. 2017, according to Commerce Dept. data.
Group Rossignol is recalling about 7,500 LOOK Pivot Ski Bindings because the heel piece can loosen and allow the boot to detach from the ski. Etcetera: Sportsman’s Warehouse, Salewa, Gander
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