June 12, 2024 Academy Sports Expands on Growth Plans
After reporting first quarter earnings yesterday, ASO management elaborated on its strategy for bring both value and newness to the consumer at the Oppenheimer conference. Eagle Nice Hurt by Finance Costs and RMB Devaluation
Net income at the sports apparel maker declined 10% to HK$263,510,000 ($33.7 mm) in the fiscal year ended Mar. 31 from HK$292,639,000 prior, on revenues that inched up 1% to HK$4,074,668,000 ($521.1 mm) from HK$4,051,107,000. TaylorMade Expands Third Golf Ball Factory
TaylorMade has completed an expansion of TaylorMade Golf Ball Korea, its third golf ball plant globally, joining its facilities in Liberty, SC, and Taiwan. Super Retail Group Names New Chair
The down-under retailer’s non-executive director, Judith Swales will take over as board chair in a planned succession, replacing the retiring Sally Pitkin at the 2024 annual meeting. New ASTM Helmet Standard to Include Neck Dynamics
ASTM International’s sports equipment, playing surfaces, and facilities committee is working on a new standard, WK81691, for testing helmet performance during rotational loading. Nike Loses EU Footware Dispute with Puma
The Eager Beavertons saw the European Union’s General Court uphold Puma’s earlier victory at an EU trademark panel, finding that consumers would believe its proposed “footware” trademark was descriptive. Samsung Sues Oura over Patents
Samsung argues that the Finish health technology company has tried to sue competitors in the smart ring market by asserting their patents, seeking to head off any Oura claims before the launch of its Galaxy Ring, according to a filing in N. CA district court. Etcetera: New Balance, Sig Sauer, Rip Curl, Puma, True Spec Golf, Hiviz Shooting Systems
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