June 26, 2020
The SGI office is closed next week for the Independence Day holiday. Our next issue will be July 10.
The U.S. Court of Appeals for the Federal Circuit upheld Nike’s patents 7,814,598 and 8,266,749, which Adidas had challenged as obvious and unpatentable in 2016.
GPS is partnering with Kanye West on a 10-year, exclusive Yeezy apparel line that will be created by the rapper and fashion designer.
The ratings agency maintained the action sports company’s Caa1 corporate family rating, probability of default rating, and senior secured term loan rating, but said significant deterioration in earnings and cash flow caused it to lower the outlook.
The 80-year-old Japanese sport brand has named Momentum Distribution as its skiwear and accessories distributor in the U.S. and Canada.