July 06, 2020
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 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).
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.
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 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.
The bike maker’s Chairman Emeritus and former Chairman Yoshizo Shimano died of chronic heart failure on July 3. He was 85.