September 23, 2019 Nike, Avenatti Spar as Swoosh Confirms Cooperation with Hoops Probe
In an exchange of letters between the government and attorneys for accused blackmailer Michael Avenatti, the Eager Beavertons confirmed they have been cooperating with the federal government’s investigation into college basketball recruiting for nearly two years and said it has not made illegal payments nor did it commit any crime. Fitbit Exploring Sale, Maybe to Google
The struggling fitness band maker is said to be in talks with investment bank Qatalyst Partners over the possibility of finding a buyer for the company, Reuters reported in a story that has since been confirmed by multiple sources. China Team Exits Early After Trump Comments
A team of Chinese officials who had been scheduled to tour Midwest farms that have been hurt by the trade war headed home Friday, earlier than planned, after President Trump told reporters that the U.S. doesn’t necessarily need a deal before the 2020 Election because the U.S. economy remains strong and he is determined to get a comprehensive deal. Peloton Sues Flywheel Sports Again
Peloton is going after Flywheel Sports in Ea. TX District Court for copying its business model in a new lawsuit that is broadly similar to another suit filed just over a year ago in the same venue. Outdoor Recreation Economy Grew 3.9% in 2017
The new report from the Bureau of Economic Analysis shows the outdoor biz outstripped the 2.4% inflation-adjusted real GDP gain that year, the most recent period for which data is available. Riddell Sued over Teen’s Head Injury
Scott Akins and his parents are suing Riddell and parent BRG Sports, claiming that a defective reconditioned Revolution Speed football helmet resulted in a severe brain injury which left him a quadriplegic. Etcetera: Dunlop, Levelwear, Decathlon
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