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June 16, 2021


Nike Faces Challenge to Air Jordan 1 Trademark

Just days after the U.S. Patent and Trademark Office approved Nike’s Air Jordan 1 trademark, New York-based attorney and founder of RGL Consulting Group, Robert Lopez, filed a challenge with the office alleging fraud.

Magpul Owners Take Debt Fueled Dividend

The maker of magazines and other firearms accessories is issuing $300 million of senior secured second lien notes due in 2028 to fund a dividend distribution to shareholders including its private equity sponsor Albion River.

VF Corp. Launches Innovation Competition

VF Corp.’s Venture Foundry incubator is holding an Entrepreneur in Residence Innovation Challenge to identify and vet ideas that might have potential as high-growth opportunities.

Nike Updates Progress on Black Community Commitment

The Eager Beavertons, along with Jordan Brand and Converse, have already given $8.25 million of the $40 million pledged to organizations working to address racial inequality, while Jordan Brand and Michael Jordan’s partnership has donated $7.5 million out of the $100 million commitment made a year ago.

Etcetera: ABG, Eliel and Co., G-III, Jack Wolfskin, Giro, SP Apparel, 7mesh

 
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