Augusta Sportswear Brands and Founder Sport Group Merge to Form Momentec Brands
EXEC: Vista Outdoor Re-Files CFIUS Notice to Extend Review Period for Ammo Business Sale
EXEC: JD Sports Ends FY on January Down Note; Sees Upside Ahead from Summer of Sport
EXEC: JD Sports Inks Partner for South Africa Expansion
EXEC: Researching Exposures & Effects from PFAS and Consumer Textiles on Human Health
SGB Update
Anon and Burton Secure Legal Win in German Federal Patent Court
Following a 26-month legal battle in the German Federal Patent Court concerning intellectual property rights regarding WaveCel technology, the court fully confirmed Burton Snowboard’s position and declared against Koroyd S.A.R.L.’s patent invalid in Germany.
Powder Mountain Expands Public and Private Terrain
The expansion plans are in addition to the three public lifts planned, which the company announced for the 2024/25 season.
Augusta Sportswear Brands and Founder Sport Group Merge to Form Momentec Brands
Momentec Brands also announced several additional leadership changes to take effect April 1, 2024. In addition to senior leadership team appointments, FSG CEO John Anton will be CEO of Momentec Brands, and ASB CEO David Elliot will serve as vice chairman.
SGB Executive
EXEC: Vista Outdoor Re-Files CFIUS Notice to Extend Review Period for Ammo Business Sale
Vista Outdoor, Inc. and Czechoslovak Group a.s. (CSG) voluntarily withdrew and re-filed their joint voluntary notice to the Committee on Foreign Investment in the United States (CFIUS) to allow CFIUS additional time to conduct diligence on the proposed sale.
EXEC: JD Sports Ends FY on January Down Note; Sees Upside Ahead from Summer of Sport
For the full year, like-for-like comp sales were up 4.2 percent, with all regions ahead of the previous year with organic sales growth of 8.4 percent.
EXEC: JD Sports Inks Partner for South Africa Expansion
The company signed a franchise agreement with Foschini Retail Group (Pty) Ltd, a subsidiary of South African retailer The Foschini Group Limited (TFG) to launch the JD brand in South Africa.