New Balance won a copyright lawsuit against a Chinese firm in a lengthy battle. The Shanghai Pudong People’s Court ruled that New Barlun was guilty of unfairly using an “N” symbol that closely resembles New Balance’s signature logo and could mislead consumers.
Category: Sports/Fitness
Four NHL Cities Could Host Summer Restart
In an interview with Sportsnet, NHL Commissioner Gary Bettman confirmed that a four-arena plan is being discussed as part of a return of the league.
RRCA Launches Survey To Understand Attitudes On Return To Group/Event Running
The Road Runners Club of America (RRCA) has launched a nationwide survey to learn how the COVID-19 pandemic has affected participation in running events as well as locally organized group runs and training programs.
RunSignup Releases Looking Forward Guidelines For Races
RunSignup has released a working draft of Looking Forward Guidelines for Races. This living document was created with input from dozens of race directors, timers, governing bodies, and other industry partners. It is intended to provide ideas for a path forward for races when coronavirus restrictions are lifted.
Skechers’ Q1 Profits Slump On Pandemic’s Spread
Skechers USA Inc. reported sales slid 2.7 percent in the first quarter as COVID-19 began impacting its China business in February and spread to much of the rest of its markets in March. Earnings on an adjusted basis were down 45.1 percent. On the positive side, Skechers noted that its Chinese business is recovering and online sales are skyrocketing.
Target’s Q1 Earnings Impacted By COVID-Related Costs
Target Corp. said quarter-to-date, total company comparable sales have grown more than 7 percent, but warned that a number of factors will reduce first-quarter profitability. These include investments in pay and benefits to support team members during the COVID-19 crisis and a shift in category mix towards lower-margin categories.
Houghton Signs New Apparel Deal With Adidas
Houghton College, in upstate New York, has entered into an agreement with Adidas and ADPRO Sports of Buffalo that makes Adidas the official supplier of apparel and uniforms for Highlander athletics teams.
Foot Locker Furloughs Majority Of North American Store Employees
Foot Locker Inc. said in a regulatory filing that in response to temporary store closures and other business disruptions resulting from COVID-19 pandemic, it will furlough the majority of the company’s store employees in the U.S. and Canada.
ProXR Signs MLB Bat Companies To License Bat Knob Innovation
ProXR LLC has signed five MLB-certified bat companies to license its patented ProXR angled bat knob technology.
USA Track And Field Faces Lay Offs
USA Track and Field (USATF) has laid off seven people from its 65-person staff and CEO Max Siegel is taking a 20 percent pay cut to offset lost revenue due to the coronavirus pandemic, according to the Associated Press.
Kawhi Leonard Loses Copyright Suit Against Nike
A federal judge ruled in favor of Nike in a dispute over NBA star’s Kawhi Leonard signature “Klaw” logo.
Under Armour Signs LSU Wide Receiver Justin Jefferson
Under Armour signed an endorsement deal with LSU wide receiver Justin Jefferson, who is expected to be one of the first receivers taken in Thursday’s NFL Draft.
Patrick Mahomes Leads NFLPA’s Top-Selling Jerseys List
Patrick Mahomes, the reigning Super Bowl MVP, dethroned Tom Brady in leading NFL players in merchandise sales this past season, according to the NFL Players Association’s list of top 50 selling players. Brady came in second.
Under Armour Lays Off More Than 300 At Tennessee Distribution Center
Under Armour permanently laid off 323 employees at a distribution center in Mount Juliet, TN, according to a notice filed with the Tennessee Department of Labor and Workforce Development.
Unifi Appoints CEO
Unifi Inc., the producer of recycled and synthetic yarns, announced that its Board of Directors has appointed Eddie Ingle as chief executive officer and a member of the Board of Directors effective July 1, 2020.
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