July 28, 2023 Adidas to Release Additional Yeezy Stock
The Three Stripes will drop additional Yeezy inventory beginning on Aug. 2, in a phased release throughout the month, with a significant amount of the proceeds earmarked for organizations working to combat discrimination, racism and hate.
YY’s footwear manufacturing business slowed in the first half, leading the company to warn that first half profits are expected to fall 50% to 55% from last year’s $175 million net income. Newell Outdoor Results Drop in Q2
Newell’s Outdoor & Recreation segment revenues fell by 22% (-21% CC) to $333 million from $427 million in the second quarter. Vista Names Two More Sporting Products Execs
Vista Outdoor confirmed that Andrew Keegan, who is currently CFO, will retain that role for the Sporting Products company following its spin-off planned for later this year. New Balance and BSN Sports Hit with Trademark Suit
New Balance and BSN Sports are being sued by Steven Magee, the owner of the “Hooplife” trademark, in TX district court for infringement. CPSC Stop Use Warning: Xinerter Bike Helmets
US-Xiner, a Chinese manufacturer, has refused to recall its Xinerter adult bicycle helmets that don’t comply with the CPSC’s positional stability and certification requirements. Etcetera: Lids, REI, Rally House
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