March 29, 2019 Xtep Raising $175 Million in Private Placement
The Chinese running brand is selling an aggregate 247,078,000 shares at a price of HK$5.56 per share to finance the potential acquisition of international sportswear brands and for overseas expansion. Baller Alert Sues Under Armour
The tabloid news website is suing Under Dog in the Southern District of NY, accusing it of infringing on its Baller Alert trademark with several t-shirts imprinted with “Baller” or “Baller Alert” text. Converse EU Sole Patent Invalidated
Converse sees the EU General Court uphold the earlier decision of the European Union Intellectual Property Office that invalidated a 3D trademark for the brand’s distinctive sole. Etcetera: Vital Outdoors, Hanesbrands, Umbro
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