SGB Update

Nike Drops Lawsuit Against Olympic Contender

Nike dropped its lawsuit against Boris Berian, , a top contender for the U.S. Olympic Team in the 800 meters, with the move coming just a week before the start of the U.S. Olympic Track and Field Trials.

Skullcandy Receives Unsolicited Offer

Skullcandy, Inc. (NASDAQ: SKUL) disclosed Friday that it received an unsolicited proposal from Mill Road Capital to acquire all its outstanding shares, just one day after entering an agreement to be acquired by Incipio LLC.

Skechers Applauds Ruling Converse Trademark Dispute

Skechers USA Inc. said that with the International Trade Commission (ITC) finding that Converse’s registered and common law trademarks in the Chuck Taylor midsole design are invalid, Skechers’ Twinkle Toes and BOBS shoes would not infringe Converse’s claimed trademarks

Keen’s Live Monumental Campaign Hits NYC

Keen will be in New York City June 28-29th to continue its campaign efforts and showcase its Live Monumental documentary film as part of the national Wild & Scenic film festival at the IFC Center in Greenwich Village on Wed. June 29

SFIA’s Start-Up Challenge Closes Applications

The Sports & Fitness Industry Association (SFIA) announces the close of applications and release of judges for its 2016 SFIA Start-Up Challenge. Throughout the past two months, 55 up-and-coming companies.

FESI Renews Pact to Fight Rogue Websites

The Federation of European Sporting Goods Industry (FESI) joined the European Commission, several right owners and e-commerce markets to sign an updated Memorandum of Understanding to fight rogue websites amid signs that online sales of counterfeit goods have grown dramatically.