January 25, 2021
Japanese officials are denying an anonymous source’s Jan. 21 statement to the Times in the U.K. that the government wants to scrap the 2021 games in favor of campaigning for the 2032 host position.
The outdoor and work boot maker is acquiring the Muck, XTRATUF, Servus, NEOS and Ranger brands from Honeywell International for a purchase price of $230 million.
Despite a few isolated success stories such as golf and a resurgence in performance running and outdoor in the second half, the pandemic weighed heavily on both sneaker and activewear sales last year, according to NPD Group.
The privately held ski resort operator saw Standard & Poor’s downgrade its issuer credit rating and rating on the company’s senior secured notes due in 2025 to B- from B, citing capacity limitations at resorts and U.S. travel restrictions.
Academy controlling shareholder Kohlberg Kravis Roberts and others want to sell 12 million shares of ASO stock for $22.16 per share in a secondary offering, with another 1.8 million share overallotment available if there is demand.
Revolution Hustle LLC and Elevate Brands LLC have agreed to pay $700,000 to settle Therabody’s claims of patent and trade dress infringement against the two companies.
SuperSpeed, which sells weighted training aids for golf, is suing U.K.-based Swing Speed for selling similar products in its Amazon store that infringe on SuperSpeed’s registered trademark.