The settlement comes after the Swiss Federal Patent Court and previously the Unified Patent Court ordered a preliminary prohibition on manufacturing and marketing against Revolt due to patent infringement for its Opium bikes.
Author: SGB Media

Haro Bikes Hires New Inside Sales Representative
Haro hired Taylor Troney to its inside sales team. He held similar positions at Shimano and Speedplay and has both a supplier sales and retail background.

March Manufacturing PMI at 50.3 Percent; Textile Mills Lead Sector with Growth
A Manufacturing PMI above 42.5 percent, over a period of time, generally indicates an expansion of the overall economy.

Rally House Opening Four New Store in Pennsylvania, Ohio and Illinois
Rally House opened in the Philadelphia region at Trainers Corner in Quakertown, PA. In Ohio, the retailer is open at Spring Meadows, west of Toledo, and Marketplace at Four Corners, just south of Cleveland. Rally House is also the newest tenant at the Fashion Outlets of Chicago.

Topgolf to Open Third North Carolina Location in Durham in April
This will be Topgolf’s third North Carolina venue, including two in Charlotte. Globally, this will be Topgolf’s 99th outdoor venue when it opens and its 89th in the U.S.

Escalade Sales Decline Moderates in Q4; Down DD for Year After Tougher H1
The parent of the Brunswick Billiards, Stiga, Accudart, Rave Sports, Victory Tailgate, Onix, Goalrilla, Lifeline Fitness, Woodplay, and Bear Archery brands saw total net sales decline 9.2 percent on a year-over-year basis in the fourth quarter.

The Pickle House to Open in Robbinsville, NJ
In collaboration with USA Pickleball, The Robbinsville Pickle House is scheduled to break ground this spring, bringing the largest indoor pickleball facility to the Northeast.

Rapala VMC Sees Shuffling of Operations Leadership Roles
Stanislas de Castelnau, EVP and head of operations retired at the end of March after a 23-year career at Rapala VMC. Tuomas Akkanen, EVP and head of group supply chain and winter sports, and COO Jean-Philippe Nicolle will succeed him.

Five Iron Golf Expands Boston Footprint with Seaport Location
The golf and entertainment brand’s newest location to open in 2025.

Life Time Opens Denver West Athletic Country Club for 7th Location in CO
Nearly 111,000-square-foot-club in the foothills of Wheat Ridge, CO, features seven indoor and outdoor pickleball courts, pools and dedicated Life Time Work Lounge.

Authentic Brands Group Appoints Head of Australia and New Zealand
The company appointed Lim Mi-Kyoung as SVP, head of Australia and New Zealand, reportedly overseeing its regional expansion, focused on brand development and driving long-term growth.

Perfect Game Names Mo Vaughn Special Assistant
The company reported that Vaughn will assist “in identifying youth baseball talent in parts of the country where socioeconomic status may prevent access or opportunity.”

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.