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July 06, 2020


Washington NFL and Cleveland MLB Study Changing Names

With multiple fronts pushing to eliminate names seen as racist by Native Americans and a growing portion of the general public, the Washington Redskins are studying a name change after years of hard line resistance and the Cleveland Indians, who have been gradually removing some of their more overt symbols like Chief Wahoo, are doing the same.

Head Acquires Zoggs Swim Goggles

Head will incorporate the Australian brand of swim goggles into a newly formed Swimming Business Unit with annual revenues estimated at well over €100 million ($113 mm).

Nautilus Shopping Octane Fitness

NLS plans to divest its commercial fitness business to focus entirely on the home exercise equipment market, and has hired investment banker, William Blair, to find a buyer.

Moncler Inks €400 Million Green Credit Agreement

The revolving credit facility is being provided by Intesa Sanpaolo S.p.A. and has a two year term, with an option for another two year extension.

Mueller Sports Medicine Sues KT Health

Mueller is seeking a declaration of non-infringement for trade dress or patent rights of competing kinesiology tape brand KT Health, in a suit filed in WI federal court.

Obituary: Yoshizo Shimano

The bike maker’s Chairman Emeritus and former Chairman Yoshizo Shimano died of chronic heart failure on July 3. He was 85.

Etcetera: L.L. Bean, On, Peloton

 
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