SGB Update

Skechers Scores Victories In Patent Dispute With Adidas

Skechers USA Inc.. announced that in two separate rulings the United States District Court for the District of Oregon denied Adidas’ motion for a preliminary injunction seeking to prevent Skechers from selling its Mega-Blade series of children’s shoes, and dismissed Adidas’ claim against Skechers for willful infringement of two patents allegedly covering Adidas’ Springblade shoes.

Retail Sales Remain Flat In May

Retail sales in May were essentially unchanged on a seasonally adjusted basis after an upwardly revised gain of 0.6 percent, according to calculations released by the National Retail Federation.

Mizuno Partners With BB&T Atlanta Open

Mizuno USA Inc. signed a new partnership with the BB&T Atlanta Open to be the Official Performance Footwear and Apparel Sponsor of the ATP World Tour 250 tournament.

OIA Outlines NAFTA Renegotiation Priorities

Outdoor Industry Association (OIA) has outlined its priorities in the renegotiation of the North American Free Trade Agreement (NAFTA) between the United States, Canada and Mexico in comments submitted to the Office of the United States Trade Representative (USTR).

Peak Achievement Athletics Appoints Tony Palma As CEO For Easton Diamond Sports

Peak Achievement Athletics Inc. and its controlling shareholders, Sagard Holdings and Fairfax Financial announced the appointment of Anthony M. Palma as the chief executive officer of Easton Diamond Sports, effective June 13, 2017. In addition to his role as CEO of Easton,Palma will also serve as co-CEO of Peak with Ed Kinnaly.

Farm To Feet Secures Equity Investment

Nester Hosiery shared plans to spur growth in its Farm to Feet brand and expand its private label business through an investment made by Aiglon Capital Management and Merit Capital Partners.

New Balance Appoints New Germany Manager

New Balance appointed Tobias Zingel as its new Germany head. Zingel, who was formerly New Balance’s head of product & marketing in Germany, succeeds Jürgen Konrad, who is leaving the company after six years.