Adidas Loses Trademark Lawsuit Over 3-Stripe Design
Adidas lost a trademark infringement lawsuit Thursday that the company brought against Thom Browne, the American fashion designer, after claiming the fashion brand used its “three stripes” logo design without permission.
RVIA: 67 Million Americans Plan To Go RVing This Year
A recent survey conducted by the RV Industry Association found that 37 percent of American leisure travelers, representing 67 million, plan to take an RV trip this year.
Salomon Names Global Chief Brand Officer
Salomon named Scott Mellin its global chief brand officer, headquartered in its Annecy office in the French Alps.
Champion Parent Expects Q4 Sales At Top End Of Outlook; CFO To Exit
HanesBrands Inc. expects to report fourth-quarter 2022 net sales slightly above the top end of its outlook range and adjusted operating profit at the mid-point of the range.
Therabody Names CEO
Therabody hired Monty Sharma as president and chief executive officer. Co-founder and CEO Benjamin Nazarian becomes Therabody’s executive chairman, effective immediately.
Grassroots Names Director Of Events
Grassroots Outdoor Alliance named Devaki Murch as director of events.
B.A.S.S. Adds EVP Of Sales And Business Development
B.A.S.S., which encompasses the Bassmaster tournament leagues, events and media platforms, hired Phillip Johnson as executive vice president of sales and business development.
Fitbench Adds VP Of Sales
Fitbench tapped the expertise of 25-plus-year industry veteran Brian Weaver as vice president of sales.
REI Outside Of Cleveland Seeks To Unionize
Workers at the REI in Orange, OH, a suburb of Cleveland, announced their intention to unionize and filed for a union election.
Rawlings To Retain Miken Sports Plant In Caledonia
Rawlings reportedly made its Miken Sports plant in Caledonia, MN the North American headquarters for its slow-pitch business; this follows the company’s announcement in July 2021 that said it would close the plant within two years.
And1 Founder Helping Launch Pro Dodgeball League
The Professional Dodgeball League (PDBL) was founded in 2022 by entrepreneur Adam Majewski with investor and advisor Tom Austin of AND1. The League features the best 96 dodgeball players in the U.S. who will compete on national television.
The Bay Names New President
The Bay, the Canadian luxury department store chain, reported that Iain Nairn, president and CEO, would retire in January 2023. Sophia Hwang-Judiesch has been appointed president of The Bay and Hudson’s Bay, comprising both the store and digital businesses.
Specialized Lays Off 8 Percent Of Its Workforce
Specialized Bicycle Components announced it was laying off 8 percent of its employees, including company-owned retail stores in the U.S. and overseas, as part of a “transformation.”
Life Time To Open Fitness Club In Prospect Heights
Life Time reached an agreement with the Brodsky Organization and Greenland USA to open a new athletic club at the recently opened Brooklyn Crossing development in Prospect Heights, Brooklyn.
Compass Diversified Divests Electronics Company Holding
Compass Diversified (CODI), which owns Velocity Outdoor, BOA, Marucci, Primaloft, 5.11 and others in the active lifestyle space, entered into a definitive agreement to sell its majority-owned subsidiary, Compass AC Holdings, Inc., the parent company of Advanced Circuits, Inc., to APCT, Inc., a manufacturer of printed circuit boards and the portfolio company of Industrial Growth Partners.
