January 15, 2020 U.S., China Sign Phase One Trade Deal
As expected, the two countries have signed a deal that will lessen trade tension between them but will also leave significant tariffs in place on Chinese-made sporting goods, at least for the foreseeable future while they begin negotiating the Phase Two deal that will attempt to tackle the thornier issue of China’s state support for key industries. Michael Avenatti Arrested Before Nike Trial Begins
The arrest by IRS agents was apparently unrelated to the criminal charges the lawyer is facing for trying to extort millions of dollars from Nike. Timberland Chief Jim Pisani Steps Down
VF Corp. tapped EVP and EMEA group president Martino Scabbia Guerrini as acting global brand president for Timberland, as Jim Pisani has stepped down from the role after 3.5 years with the company. Dunn-Rite Products Acquires Crescent Moon Snowshoes
Dunn-Rite, based in Elwood, IN, bought Crescent Moon to diversify the seasonality of its product line, which is currently focused on summer water recreation products. PGA Tour Superstore Sets Spring Openings
The 41-store golf retailer will open three new stores this spring, in East Hanover, NJ, Palm Beach Gardens, FL, and Columbus, OH, and is looking to open additional stores later in the year. LSU Championship Merchandise Sales Setting Records
Fanatics said that sales of LSU Championship merchandise are on track to set a record as the best-selling college sports championship event in company history (across all sports). Outdoor Edge Cutlery Sues American Outdoor Brands
Outdoor Edge says that a new model of an Old Timer branded knife made by AOBC infringes on three of its patents, in a lawsuit filed in CO federal court. Etcetera: Under Armour, Sea to Summit, Adidas, K-Swiss, CODI
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