April 03, 2019 Pegasus International Swings to Loss in 2018
Comprehensive net loss was $17,857,000 for 2018 against a profit of $5,435,000 at the footwear maker, as revenues fell by almost half to $38,965,000 from $76,046,000. Two Adidas Veterans Launch Sports Technology Fund
Uli Becker, who led Reebok during the toning shoe craze, and Bernt Waller, the Big a’s former chief marketing officer who was later president of football club Stuttgart, have joined Hype Capital to launch a $75 million fund that modestly aims to find unicorns of sports innovation.
Quality Bicycle Products is recalling about 1,900 Salsa Warbird and Vaya bicycles because the fork legs can break. Etcetera: Brooks, L.L. Bean, REI
|