July 27, 2021 Shimano Sees 2021 Sales Hitting ¥500 Billion
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. Alberto Salazar Receives Permanent Ban from SafeSport
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. Winchester Revenues, Earnings Soar in Q2
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. Sportswear Startup Courtsmith Raises $575k
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. BSN Sports, Nike, Others Sued over Hooplife
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. Canada Goose Sues Goose Country
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. Etcetera: Boardriders, K-Swiss, Sun & Ski Sports, Nike, Academy Sports, Puma, U.S. Polo Assn
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