SGB Update Sports & Fitness
Lululemon Countersues Peloton Over Apparel Patents
Lululemon on Monday filed a lawsuit against Peloton over “copycat products” in Peloton’s new apparel line. The lawsuit, filed in Los Angeles federal court, arrived five days after Peloton sued Lululemon in Manhattan federal court, seeking a declaration that Lululemon’s claims had no merit.
Helen of Troy Agrees To Acquire Osprey Packs
Helen of Troy Limited announced that one of its subsidiaries has entered into a definitive agreement to acquire Osprey Packs, Inc. for $414 million in cash.
‘Container Dwell Fee’ At West Coast Ports Remains On Hold Until December 6
The Port of Los Angeles and the Port of Long Beach announced a further postponement of the “Container Dwell Fee.” After meetings today with U.S. Port Envoy John Porcari, ocean liner companies and marine terminal operators, the two ports said the fee would not be considered before December 6.
Small Business Saturday Tallies Record Sales
American Express said its 12th Annual Small Business Saturday, held on November 27, is estimated to have reached an all-time high in sales.
PGA Of America Provides Update To PGA Show
PGA of America and PGA Golf Exhibitions announced that more than 600 golf brands are projected to participate in person at the 2022 PGA Show.
PXG Opens Store In Chicago
PXG, the golf club maker, opened its tenth store in the United States. PXG Oak Brook is its second location in the Chicago area and a key part of the company’s initiative to open 24 stores by the end of 2022.
EBay Acquires Sneaker Con Authentication Business
EBay, Inc. has agreed to acquire Sneaker Con Digital’s authentication business, a sneaker authenticator with operations in the U.S., UK, Canada, Australia, and Germany.
Golf Rounds Played Slip In October
According to Golf Datatech, golf rounds played were down 1.8 percent in October but are still ahead 7.4 percent year-to-date.
Slinger Extends Distribution Agreement With Tennis Bot In Indonesia
Slinger announced an extension to its Indonesian distribution agreement with Tennis Bot, a racquet sports distributor in Asia who has been representing Slinger across Indonesia, Hong Kong, Malaysia, and Singapore.
Amazon Physical Retail VP Exits
Cameron Janes, who most recently oversaw Amazon’s physical retail division, has left Amazon after more than 14 years.
Peloton Sues Lululemon Over Patent Infringement Claims
Peloton filed a lawsuit against Lululemon after Lululemon threatened to sue the connected fitness leader over its new apparel line.
Target Makes Thanksgiving Store Closures Permanent
Target will no longer open its stores on Thanksgiving Day, making a permanent shift to the unofficial start of the holiday season that was suspended during the pandemic.
S&S Activewear Completes Acquisition Of TSC Apparel
S&S Activewear, based in Bolingbrook, IL, has completed its acquisition of competitor TSC Apparel, the parent of Tultex.
Puma North America Raises Hourly Wage for Retail Employees
Puma announced that it will raise its minimum wage for Puma North America and Puma Canada retail employees to $15 per hour, effective November 29.
Nike Veteran Lobbyist To Retire
Julia Brim-Edwards, senior director Nike GPA Global Enterprise Initiatives and WHQ Region, is leaving the company after 17 years, according to The Oregonian.
