September 16, 2022 Equipment Market Grew 24% Last Year on Broad-Based Gains
Double-digit growth in every product category powered the sports equipment market to a 24.2% increase in total sales to $111,158 million up from $89,473 million, building on an 11.7% improvement in the pandemic year. Barefoot Sneaker Innovator Calls for Safer Sole Designs
Frampton Ellis, the pioneer in “barefoot” sneaker tech who licensed his patents to Adidas in the 1990s, has released a new book on much more stable footwear soles that can prevent ankle injuries. A4 Apparel Adds LabFit, Names Todd Levine President
The 51-year-old team and corporate logoed apparel company has acquired former Alleson Athletic president, Todd Levine’s start up, LabFit Sublimation, and appointed him president.
A NY district court judge said MSCHF Studio will not be held in contempt for failing to halt shipments of the Vans-infringing “Wavy Baby” sneakers, however, the preliminary injunction will remain in place during its appeal. Skechers and Brooks Reach Settlement
SKX and Brooks Running have resolved their dispute over Brooks’ use of the number “5” mark, according to a filing in CA federal court asking that the case be dismissed with prejudice. Etcetera: Lids, Varsity Spirit, Rab, Lowe Alpine, Castore, Chattanooga Shooting Supplies
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