Herff Jones, a leading provider of graduation and educational products and services, announced that on April 12 a jury in Mobile, AL ruled unanimously in its favor in significant litigation against its biggest competitor, Jostens Inc.
Category: Sports/Fitness
Adidas Appoints General Manager Of Runtastic
Adidas announced the appointment of the new general manager for Runtastic. Scott Dunlap will head up the company’s leadership team in Linz as of May 27 together with co-founders Alfred Luger and Christian Kaar, as well as Mathis Gerkensmeyer.
HanesBrands Celebrates Recognition For Environmental Stewardship
HanesBrands, the parent of Champion, has earned it 10th consecutive U.S. Environmental Protection Agency Energy Star Sustained Excellence/Partner of the Year award for continued success in energy conservation, carbon emissions reduction and environmental sustainability.
PGA Tour Superstore To Open Store In Plantation, FL
PGA Tour Superstore announced the opening of its new store in Plantation, its first store in the greater Ft. Lauderdale-area.
JD Sports Off To Strong Start In U.S.
So far so good for Finish Line under its new owner, JD Sports. JD Sports said Finish Line’s comps were up 7 percent in 2018 with sales trends improving as the year progressed. The first JD stores to land in the U.S. are also seeing encouraging initial results.
NFL and NFLPA Release Helmet Laboratory Testing Results
The NFL and NFL Players Association released the results of their annual laboratory study to assess the performance of helmets worn by NFL players. The top-three rated helmets were the Vicis Zero1 (2018), Schutt F7 LTD (208400) and Riddell SpeedFlex Precision Diamond (R41106).
PeopleForBikes + Bicycle Product Suppliers Association To Merge
In a joint letter, BPSA (Bicycle Product Suppliers Association) and PFBC (PeopleForBikes Coalition) said both of the organization’s “almost unanimously” approved a merger.
Will Tiger Wood’s Victory Lift The Golf Industry?
Tiger Woods’ first major win in 11 Years and first Masters win since 2005 earned quick attention to his best-known sponsor, Nike, but some see it possibly helping to boost the overall golf industry.
BSN Sports Acquires Rochester’s Valenti Sport
BSN Sports, the nation’s largest direct marketer and distributor of sporting goods to the school and league markets and a division of Varsity Brands, announced that it has acquired Rochester-NY based Valenti Sports.
Nike Close To Extending Paris Saint-Germain Deal
Nike is close to extending its kit supplier partnership with Paris Saint-Germain (PSG).
Academy’s Struggles Continued In 2018
In an update, Moody’s Investors Service confirmed the debt ratings and outlook of Academy, Ltd., the parent of Academy Sports & Outdoors, while also indicating that the retailer’s financial performance continues to erode. The report noted that Academy’s comps declined in the mid-single-digit range and EBITDA declined 12 percent in 2018.
Foot Locker Opens In Singapore Airport
Foot Locker Inc. opened its fourth door in Singapore. Located in Jewel Changi Airport, the two-story space has a dedicated women’s and kids’ area.
Fanatics Partners With Washington Redskins
The Washington Redskins and Fanatics announced a 10-year, omnichannel partnership, allowing the company to lead all online and retail store operations for the team.
Puma To Become Official Partner Of LaLiga
Puma has entered into a long-term agreement to replace Nike as the Official Technical Partner of the Spanish football league, LaLiga. Starting from the 2019/20 season, Puma will produce the official match ball for all games.
Academy’s Debt Repurchase Seen As Distressed Exchange
Moody’s Investors Service said Academy Ltd.’s recent open market repurchase of a portion of its term loan at a significant discount is a “distressed exchange” and presents a “limited default” for lenders.
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