January 22, 2019
District Court Judge Lewis Kaplan excluded testimony from Dr. David Rascher on the economics of big time college basketball because he concluded that it was not relevant to the central question in the case of whether the “Victim Universities” were defrauded because the defendants paid top athletes in violation of NCAA rules, thus rendering them ineligible for scholarships.
Big Foot and the Big a will produce a co-created line that will be supported in the U.S. and Europe by the two Speedfactory plants now in operation.
Preliminary results of its final quarter show that sales were about $57 million, up 8% from last year’s $52.7 million, with Black Diamond up 8% and Sierra Bullets up 14%.
The cheerleading and dance supplier is acquiring Ligonier, IN-based Director’s Showcase International, which distributes marching band accessories.
Pennant Sports, which was originally named JP Sports, is the Varsity Brands-owned team behemoth’s latest acquisition.
The Australian retailer promoted Heraghty, previously MD of its outdoor retailing business, to replace Peter Birtles, who announced his retirement last Fall after 13 years of leading the company.
Chinese running brand Xtep International Holdings expects a 50% to 60% increase in net income for the year on a 25% revenue gain.