The declared customs value of sporting goods imports for the first quarter of 2012 was up just 4% to $3,872.1 million from $3,707.0 million the prior year as a 10.9% increase in the average price of a declared sporting goods item was partially offset by a 7% decline in the number of units imported.

Reebok India’s former lead executives, MD Shubhinder Singh Prem and CEO Vishnu Bhagat, allegedly filled four warehouses with stolen merchandise, falsified bills and diverted products to fake companies and distributors for years, according to local published reports citing a police complaint.

Freedom Group reported a $6,300,000 net profit against a loss of $9,500,000 for the period ended Mar. 31.

The Wolverine World Wide subsidiary is continuing preparations for a Spring 2013 global launch of its M-Connect Series, which may eventually account for 25% of the brand’s turnover, estimates management.