Nike delivered an official statement honoring the memory of Virgil Abloh, the acclaimed fashion designer who passed away at the age of 41 Sunday from a rare form of cancer.
Author: SGB Media
Lululemon Countersues Peloton Over Apparel Patents
Lululemon on Monday filed a lawsuit against Peloton over “copycat products” in Peloton’s new apparel line. The lawsuit, filed in Los Angeles federal court, arrived five days after Peloton sued Lululemon in Manhattan federal court, seeking a declaration that Lululemon’s claims had no merit.
Boardriders Appoints COO
Boardriders Inc. said it appointed Deborah Palmer Keiser as global chief operating officer. Keiser will oversee Boardriders’ end-to-end global planning and sourcing, and logistics and distribution.
Helen of Troy Agrees To Acquire Osprey Packs
Helen of Troy Limited announced that one of its subsidiaries has entered into a definitive agreement to acquire Osprey Packs, Inc. for $414 million in cash.
‘Container Dwell Fee’ At West Coast Ports Remains On Hold Until December 6
The Port of Los Angeles and the Port of Long Beach announced a further postponement of the “Container Dwell Fee.” After meetings today with U.S. Port Envoy John Porcari, ocean liner companies and marine terminal operators, the two ports said the fee would not be considered before December 6.
Small Business Saturday Tallies Record Sales
American Express said its 12th Annual Small Business Saturday, held on November 27, is estimated to have reached an all-time high in sales.
Arc’teryx Opens Third Store In Quebec
Arc’teryx is continuing its retail expansion in Canada with a new location in Laval. The store marks the 14th Arc’teryx retail location to open in the Canadian market.
RV Retailer Acquires Three Stores In California
RV Retailer, LLC announced the acquisitions of Holland RV Center with three stores in Southern California and Folsom Lake RV in Northern California. This expands RVR’s presence in California to six stores and total store count to 81.
PGA Of America Provides Update To PGA Show
PGA of America and PGA Golf Exhibitions announced that more than 600 golf brands are projected to participate in person at the 2022 PGA Show.
PXG Opens Store In Chicago
PXG, the golf club maker, opened its tenth store in the United States. PXG Oak Brook is its second location in the Chicago area and a key part of the company’s initiative to open 24 stores by the end of 2022.
EBay Acquires Sneaker Con Authentication Business
EBay, Inc. has agreed to acquire Sneaker Con Digital’s authentication business, a sneaker authenticator with operations in the U.S., UK, Canada, Australia, and Germany.
Golf Rounds Played Slip In October
According to Golf Datatech, golf rounds played were down 1.8 percent in October but are still ahead 7.4 percent year-to-date.
Slinger Extends Distribution Agreement With Tennis Bot In Indonesia
Slinger announced an extension to its Indonesian distribution agreement with Tennis Bot, a racquet sports distributor in Asia who has been representing Slinger across Indonesia, Hong Kong, Malaysia, and Singapore.
Skechers Extends Eyewear Licensing Agreement
Skechers USA Inc. and Marcolin announced the renewal of its licensing agreement for the design, production and worldwide distribution of Skechers sunglasses, eyeglasses and kids’ eyewear.
Adobe: Black Friday Online Spending Sees Slight Decline
Total online spending on Black Friday was $8.9 billion, down from sales of $9 billion in 2020, according to Adobe Analytics. Results came in at the low end of Adobe’s predicted range. Thanksgiving Day coming in flat year-over-year at $5.1 billion.
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