April 25, 2018
Much as the Adidas purchase of Reebok started with a drink at the Athens Olympics in 2004 between Paul Fireman and Herbert Hainer, the mating ritual of JD Sports and Little Foot began with a casual discussion at the Rio Olympics between JD chief Peter Cowgill and FINL CEO Sam Sato.
The independent commission headed by former Secretary of State Condoleezza Rice released its report following a seven month investigation that began after the federal Hoop-gate indictments of Adidas executive James Gatto and others.
RCKY’s 280 basis points of gross margin expansion helped more than double net income to $3,251,111 from $1,495,941 in the first quarter despite 3% lower sales at $61,386,673 vs. $63,072,954.
The brand named Sophie Bambuck chief marketing officer, bringing her back to the U.S. after a two-year stint as senior marketing director for Nike Sportswear in Western Europe.
The highest court upheld the constitutionality of the “inter partes review” process, which allows bad patents to be reexamined administratively, and invalidated if appropriate, by the Patent and Trademark Office.