TRX Awarded $6.8 Million In Patent Infringement Case

The jury found WOSS Enterprises to have willfully infringed TRX’s U.S. Patent No. 7,044,896 through the sale of six of its products, and to have engaged in willful trademark infringement of TRX’s trademark, “Suspension Training.”

PAC Study Shows Slight Increase In Activity Levels

According to The 2017 Physical Activity Council (PAC) Participation Report, several activities saw moderate increase including outdoor, team, and fitness categories. These gains, especially among those who participate three times a week or more, contributed to the 0.2 percent decline in inactivity among Americans ages 6 and older.

Why Did Lululemon’s Shares Crash?

Total comparable sales on a constant-currency basis in the first quarter are projected to decrease in the low single digits, which would mark Lululemon’s first quarterly same-store sales decline since 2009.

Spalding Extends NCAA Partnership

The agreement makes the basketball equipment provider the official supplier of backstop, backboard and goal equipment for both the Division I Men’s and Women’s Basketball Championships through August 2021.

CCM Hockey Donates To Brooklyn Youth

CCM Hockey donated more than $30,000 worth of hockey equipment to Madison Square Boys & Girls Club in Brooklyn, N.Y., with the help of New York Islanders Legend Pat LaFontaine and Brooklyn Sports & Entertainment.

Lululemon’s Q4 Exceeds Revenue Guidance

Lululemon Athletica Inc. reported earnings rose 15.9 percent on a 12 percent revenue gain. Results topped its guidance for sales updated on January 9 while landing in line with earnings guidance.

Asics Establishes Boston Base

Said Gene McCarthy, president and CEO, Asics America, in an interview with SGB, “Setting up a global hub in Boston allows us to better align with our strategic initiatives and focus on key areas for growth, including our apparel and digital teams.”

Asics Opening Boston Design Hub

The move punctuates the brand’s overall growth strategy, adds to the brand’s presence in Boston to its already existing global digital hub that opened in Spring 2016 and grows its U.S. presence on both coasts: Irvine, CA and Boston, MA.