March 03, 2017
The declared customs value of U.S. sporting goods imports fell 17.5% in the final quarter of the year, with almost every category showing a decline against the prior year but the Athletic Apparel category showed by far the most damage with a 75.8% decline in Q4 to just $305.0 million from $1,258.2 million, a level well below even the previous low we tracked for the category during Q2 2009 when imports were just $583.6 million at the height of the last recession.
Ben Stenger vs. Under Armour, filed in MD federal court, charges that between Apr. 25 and 29, Under Armour insiders sold $98 million worth of stock, including $88 million of C shares sold by CEO Kevin Plank.
Backwoods 2.0 closed on the sale of Backwoods Retail in a bankruptcy auction for $870,000.
Little Foot closed on the previously reported sale of its JackRabbit specialty running business to CriticalPoint Capital.
Secretary Ryan Zinke, on his first day in office, rescinded the ban on lead ammunition and tackle on Fish and Wildlife Service lands.
Sols is a developer of medical and consumer grade 3D printed orthotics and software used for the mass customization of footwear.