July 27, 2021
Net income attributable to shareholders more than doubled in the second quarter to ¥27,411 million ($250.6 mm) from ¥11,543 million as revenues jumped 66% to ¥138,268 million ($1,263.9 mm) from ¥83,335 million last year.
The former Nike coach and director of its Oregon Project track team was declared permanently ineligible to coach USA Track & Field athletes by the U.S. Center for SafeSport, citing sexual and emotional misconduct.
Olin Corp.’s Winchester division saw sales for the second quarter more than double to $404.0 million from $192.6 million last year, boosted by revenue from the Lake City U.S. Army Ammunition Plant.
The Oakland-based sportswear and lifestyle brand raised $300,000 in an equity investment structured as a convertible note, from ICA’s Growth Fund, as part of a $575,000 funding round.
Steven Magee, who owns four trademarks for the term “Hooplife,” is suing BSN and Nike along with Hooplife Basketball Academy (HLBA) and associated individuals in N. TX federal court.
The Canadian outerwear maker says Goose Country, LLC, is using designs and marks that are likely to cause confusion with consumers, in a suit filed in No. IL federal court.