June 26, 2023
The U.S. Supreme Court declined to hear the Eager Beavertons’ appeal of the USPTO’s Patent Trial and Appeal Board ruling that one of their Flyknit patents covering a method for knitting uppers with shoelace holes was invalid.
Following the appointment of former Adidas chief, Kasper Rørsted, as chairman of the Woom advisory board, Paul Fattinger has taken over sole leadership of the Austrian children’s and youth bicycle manufacturer.
Lululemon has joined the Sorting for Circularity USA consortium as its seventh external brand partner, while Adidas has become the textile waste project’s lead sponsor.
The cooler and drinkware maker amended its existing credit agreement to extend the maturity date of the revolving credit facility from Dec. 17, 2024 to June 22, 2028, and upsize its commitments to $300 million from $150 million.
Dick’s Sporting Goods and Good Sportsman Marketing (aka GSM Outdoors, dba Big Game Treestands) are facing a product liability suit in MD district court brought by Terry Miller, Jr., over a defective Treestand.