Sporting Goods Industry News for March 24, 2023
The Big a and the singer and designer have mutually agreed to end their partnership, according to a report in the Hollywood Reporter, citing a source close to the matter.
The Cardinal Cycling Group subsidiary is investing $6.5 million to renovate an existing 140,000-sq.-ft. factory in SC that will be the nation’s largest carbon fiber bicycle plant.
China Tariff relief was dealt another setback with a U.S. Court of International Trade ruling in favor of the United States Trade Representative, and against more than 6,500 companies challenging its legal authority to impose and implement the Trump administration’s Section 301 tariffs.
An Oregon District Court judge agreed with the magistrate’s findings last Nov. and denied certification for a proposed class of 5,200 female Nike employees in the Cahill v. Nike sex discrimination suit.
Recreational visits to National Parks increased 19% to 16,457,128 last month, from 13,844,687 in Feb. 2022, growing 16% year-to-date to 30,146,018 from 25,958,227.
Black Diamond Equipment is recalling Recon LT avalanche transceivers because they may unexpectedly enter search mode, despite the rotary switch remaining in its send position.