June 01, 2020 Industry Brands Issue Statements in Support of Racial Justice
Sporting goods companies came out in strong support of voices across the U.S. and around the world protesting the killing of George Floyd by Minneapolis police. Looters Target Sporting Goods Stores in Many Cities
Protests over George Floyd’s death erupted across the country over the weekend, ranging in tone from peaceful to confrontational, but some protests gave way to destruction and looting. FTC Complaint Filed Against Smith & Wesson Marketing
The father of a victim at the Marjory Stoneman Douglas High School and two gun control groups have filed a complaint with the Federal Trade Commission about the marketing practices of Smith & Wesson. Wearables Sales Surged in Q1 Despite Coronavirus
Global shipments of wearable devices grew 29.7% in Q1 2020 to 72.6 million units according to International Data Corporation, driven by strong sales of wristbands and earwear/hearables. Pure Fishing Downgraded by Standard & Poor’s
The ratings agency cut SP PF Buyer LLC’s issuer credit rating and rating on its first-lien term loan to CCC+ from B-, citing increasing pressure from the weak economy on the highly leveraged company. NSGA Board of Directors Appoints Pat Donnelley Chairman
The owner of team dealer Donnelley Sports begins a three-year term as National Sporting Goods Association chairman on Jun. 1, succeeding Cathy Pryor, who resigned earlier this spring after leaving Hibbett. Converse Sues Steve Madden over Run Star Hike Design
Converse says that Steve Madden copied unique Run Star Hike design elements with the Madden Girl Winnona Flatform High-Top and Shark sneakers. Etcetera: True Spec Golf, BPI Outdoors
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