June 26, 2023 Nike Flyknit Appeal Refused by Supremes
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. Woom Shifts Top Management to Focus on U.S. Growth
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, Adidas Join Sorting for Circularity USA
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. Yeti Extends, Expands Credit Agreement
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 and GSM Outdoors Hit with Suit over Treestand
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. Etcetera: Topgolf, Peak, Nike, ASA, Air Venturi, Selkirk Sport, Dynamic Brands
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