October 15, 2019 Sports Direct Asks EU to Investigate Nike, Adidas Market Power
The U.K. sporting goods giant, which has for years complained about its treatment by Nike and Adidas as it heavily discounted their products at the expense of small retailers, now rushes to their defense after the Sunday Times picked up on the story that Nike has been whittling down its account base of what it calls “undifferentiated retailers” to bolster its DTC operation. DE Court Rules Against PE Firm in Sale of Pro Performance
The July, 2018 sale of Pro Performance Sports to Implus for $40 million was challenged by shareholders who essentially got nothing from the transaction while the VC firms that had a liquidation preference were paid in full. Report: Ibex Relaunching This Month
The merino wool apparel brand will launch a run of products later this month, general manager Bonie Shupe told SNEWS, marking the brand’s first new release since it shut down in Dec. 2017. Etcetera: Moncler, Puma, Boa Technology
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