Optimism Grows For Limited China Trade Deal

With the 13th round of U.S.-China trade negotiations set to begin Thursday in Washington, both sides are reportedly considering an “interim” deal that would suspend planned further U.S. tariffs in exchange for additional purchases of American farm products.

US Relaxes Sponsorship Rules For Olympic Athletes

U.S. Olympic and Paralympic athletes will be able to thank personal sponsors, appear in advertisements for those sponsors and receive congratulatory messages from them during next year’s Tokyo Games under guidance released Tuesday by the U.S. Olympic and Paralympic Committee. Athletes’ personal sponsors will also be able to run generic ads during the Olympics.

JackRabbit To Acquire Olympia Sports

JackRabbit, the running chain owned by affiliates of CriticalPoint Capital (CPC), announced the acquisition of certain assets and liabilities, including the online presence and the “Olympia Sports” brand from Olympia Sports. JackRabbit will be retaining about half of Olympia Sports’ locations and plans to continue to operate the banner.

Nike And Lululemon Score High In Piper Jaffray’s Teen Survey

Piper Jaffray’s  38th semi-annual Taking Stock With Teens survey shows Nike gaining share within its No. 1 rank and Lululemon hitting a new survey high as the No. 7 preferred apparel brand. Within footwear, Crocs also achieved a new survey record as the 7th preferred footwear brand, behind Birkenstock.