Smith Optics and Koroyd have jointly filed a patent infringement action against Burton, claiming that the WaveCel shock-absorbing material Burton uses in some helmets infringes on its jointly owned patent.
Author: SGB Media

Bangers LP Rebranded To Iron Valley Supply Co.
Bangers L.P. announced it had rebranded as Iron Valley Supply Co. reflecting the distributor of shooting sports products and outdoor recreational sporting goods’ nearly 100-year heritage as a wholesale distributor in the Iron Valley region of Alabama.
Fox Racing Launches FoxHub Training Platform
Fox Racing announced it had launched its Foxhub Training platform—a resource for retailers, Fox representatives and employees to become brand and product savvy. The goal is to educate the industry to help the brands consumers better understand key features and benefits to select the right Fox Racing products. “We talked to retailers across the globe, […]

Kitman Labs Acquires Presagia Sports
Kitman Labs has acquired Presagia Sports, an athlete electronic health records platform that serves more than 110 NCAA athletic departments, youth sports programs and sports clinics. College clients include Clemson, Florida State, Georgia, and all members of the Pac-12.

U.S. Business Groups Urge Trade Chief To Forgo Vietnam Tariffs
SFIA, OIA, SIA, FDRA and AAFA were part of 76 trade associations that sent a letter to U.S. Trade Representative Katherine Tai urging the Biden administration against adding more 301 tariffs and instead, use other tools, such as financial diplomacy led by the Treasury Department, to pressure Vietnam on any currency concerns.

Black Diamond Announces Recent Promotions And Hires
Black Diamond Equipment promoted Kolin Powick to vice president of product and Bill Ayers to vice president of finance. Over the last year, Oliver Holzmann and Tony Rivera joined Black Diamond in the roles of vice-president of global marketing and business unit director for apparel, respectively.

American Outdoor Brands Q4 Revenues Surge 50 Percent
American Outdoor Brands Inc. reported significant improvement in earnings in the fiscal fourth quarter ended April 30 as sales surged 49.6 percent. Revenues in the full year rose 65.3 percent.

AAFA Sends Letter To President Biden Calling For Tariff Relief To Offset Shipping Crisis
American Apparel & Footwear Association President and CEO Steve Lamar emphasized the need for additional federal support to address the ongoing shipping crisis that has caused a “destructive cycle of lengthening delays and rocketing costs” in a letter to President Biden.

Walmart To Launch Justice Tween Brand In Stores
Walmart plans to add the Justice tween brand to 2,400 stores and Walmart.com timed with back-to-school shopping.

Senate Passes Bill Banning Imports From Xinjiang, China
The U.S. Senate passed legislation on Wednesday to ban the import of products from China’s Xinjiang region unless importers can prove they weren’t made with forced labor. The move marks the latest effort in Washington to punish Beijing for what U.S. officials say is an ongoing genocide against Uyghurs and other Muslim groups.

Rally House Opens Seventh St. Louis Location
Rally House is opening its seventh St. Louis location. The store is in O’Fallon at the Shops at Laura Hill next to Kohl’s.The family-owned sports and merchandise retailer is continuing with its rapid growth in 2021, opening over 14 stores this year.

Lodging Rebounds At Western Mountain Destinations For Record Summer
Western mountain resorts have almost entirely returned from their pandemic-caused slump. They now see occupancy, rate and revenue figures increasing, setting new seasonal records while also seeing that momentum surge into early winter with strong bookings for the December holiday period, according to the most recent results released by DestiMetrics, a division of Inntopia.

Wilson Sporting Goods Opens First Store In Chicago
Wilson Sporting Goods Co. celebrated the grand opening of its first retail location Thursday in its hometown of Chicago. Located in the Gold Coast neighborhood, the store, located at 932 N. Rush Street, opened with executives, Wilson’s advisory staff and influential Chicagoans.

Genesco Earns Egan-Jones Endorsement
Egan-Jones Proxy Services has joined Institutional Shareholder Services in recommending that Genesco shareholders vote for the company’s director nominees at its July 20 annual meeting.

F45 Training Goes Public
F45 Training Holdings, the fitness franchise offering 45-minute workouts, raised $325 million in an initial public offering through the sale of 20.3 million shares at $16, the midpoint of the $15 to $17 projected range.