Sporting Goods Industry News for October 21, 2024
Net income was up 27% to SEK 308 million ($29.0 mm) over SEK 243 million at the Swedish outdoor apparel company for fiscal 2024 ended June 30 as net sales hit SEK 1,840 million ($173.0 mm), up 18% from SEK 1,560 million.
The Eager Beavertons, which took over from Adidas as the league’s uniform provider in 2017, inked a 12-year extension of their outfitting and marketing partnership that covers the NBA, WNBA, and NBA G League.
DKS plans to close the five large Public Lands stores converted from Field and Streams, according to OR’s The Daily, citing unnamed brand executives who had information on the move.
The Italian rugged footwear brand has combined its Canadian subsidiary with its U.S. organization, launching Zamberlan North America under general manager Philip Benson, and hired Bill Johnson to oversee sales.
The Big Cat has released its first global brand campaign focused on basketball, extending its “Forever. Faster. See The Game Like We Do.” tag line and showcasing its roster of hoopers.
Yeti Coolers is suing Waterbear Global in W. TX district court, accusing it in a 192-page complaint of infringing on dozens of patents for tumbler, bottle, and mug designs, and on Yeti’s trade dress for various products.
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