Newell Brands Completes Divestitures Of Rawlings

Newell Brands completed the divestiture of Rawlings Sporting Goods Company Inc., comprising the Rawlings, Miken and Worth brands, to a fund managed by Seidler Equity Partners. Major League Baseball co-invested with SEP.

NRF: California Privacy Law “Deeply Flawed”

The National Retail Federation called new state privacy legislation expected to be signed into law in California Friday “deeply flawed” and said customer service could be severely hampered if the legislature fails to address retailers’ concerns before the measure takes effect in 2020.

Aisle Talk Week Of June 25

Top headlines from the active lifestyle industry you may have missed this week, including Adidas announcing a potential data security incident.

Report: MLB May Relax Footwear Restrictions

According to Yahoo Sports, MLB and the MLB Players Association are in the midst of negotiating changes to the footwear policy “that would relax the restrictions on colors and designs players can use on their cleats.”   

Brunswick To Acquire Power Products’ Global Marine & Mobile Business

Brunswick Corporation announced that the company has entered into a definitive agreement to acquire Power Products-Global Marine & Mobile business, which includes the global marine, specialty vehicle, mobile, industrial power and transportation aftermarket products businesses of Power Products, for $910 million in cash.

Adidas Announces Data Breach

Adidas announced that the company is alerting certain consumers who purchased on Adidas.com/US about a potential data security incident.

Pearl Izumi Reveals Social Purpose Statement

Pearl Izumi announced that the company has embraced a new Social Purpose statement: “Ride More and Do More.” The brand also plans to introduce eco-friendly hangtags, will no longer print product catalogs and is introducing a Renewal Workshop program to repair and resell Pearl Izumi merchandise.