Sporting Goods Industry News for May 22, 2018
With the U.S. agreeing not to impose 25% tariffs on $150 billion in Chinese made goods and China making promises to buy more American made products to reduce the trade deficit, the prospect of a trade war between the two countries seems to have been forestalled.
The makers of the customized Superfeet insole have expanded their capabilities in their Ferndale, WA, facility with a multi-section injection machine that will enable it to create lasts and molds faster, according to the company, and it has named Brooks as its first performance running shoe partner that will deliver a personalized running shoe.
A sporting goods retail price index for e-commerce sales declined 1.1% over the past 12 months, while overall retail prices in the segment increased 0.7%, according to Adobe Analytics.
With strong handgun exports again the exception, the gun trade was broadly lower in Feb. according to NSSF’s tracking of International Trade Commission data.
Ecco claims Skechers is infringing on four of its patents for hybrid golf shoe soles with the cleat structure and arrangement on SKX’s GoGolf Drive, Fairway, Eagle, Famed and Tropic models.