July 10, 2020
eVent fabrics, a MO-based developer of waterproof apparel, announced that as of June 30, Performax Pro has assumed full ownership of the brand after acquiring it from Parker Performance Materials for an undisclosed sum.
The martial arts equipment and apparel brand will replace Reebok as the Ultimate Fighting Championship’s exclusive outfitting partner beginning in April 2021.
Yue Yuen’s footwear manufacturing revenue slipped an implied 19% to $410,175,000 in June from $506,038,000 last year, but its Pou Sheng Chinese retail subsidiary grew sales 3% to $314,429,000 from $304,471,000.
The U.S. Trade Representative approved several sporting goods categories for exclusions from China 301 tariffs out of 61 total exclusions granted.