SGB Update

Garmin Prevails In Navico Patent Dispute

Garmin International Inc., a unit of Garmin Ltd., announced that the Court of Appeals for the Federal Circuit reversed a December 2015 finding by the International Trade Commission (ITC) that Garmin had infringed Navico patents related to downscan sonar.

New CEO At Pelican International

As part of its continued growth, Antoine and Christian Elie, owners of Pelican International Inc., appointed Pierre Arsenault to the position of chief executive officer.

Unsecured Creditors Urge Rejection Of Payless Confirmation Plan

In urging a Missouri bankruptcy court to deny approval of Payless’ reorganization plan, the case’s unsecured creditors committee charged that Golden Gate Capital and Blum Capital Partners had “siphoned over $400 million out of the debtors” following the retailer’s 2012 IPO.

Study: About 2.2 Billion People Are Overweight Or Obese Worldwide

About 2.2 billion children and adults suffer from health problems related to being overweight or obese, and an increasing percentage of people die from these health conditions, according to a new study published in The New England Journal of Medicine.

Back-to-School Shopping To Grow 4.0 percent in 2017

U.S. retail sales during the back-to-school shopping season of July and August 2017 will grow 4.0 percent over 2016, according to eMarketer’s latest forecast. E-commerce for the back-to-school season are expected to grow 14.8 percent.