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July 18, 2023


GSP Renewal Seeks House Backing

The SFIA has thrown its support behind the most recent push for Generalized System of Preferences renewal as a circuitous means of relief from China tariffs, signing on to a letter from 66 lawmakers to House Ways and Means Chairman Jason Smith (R-MO) and Ranking Member Richard Neal (D-MA).

Sporting Goods Sales Slip in June

Adjusted sales of sporting goods/hobby/book and music stores inched down 1% in June to $8,494 million from $8,603 million, according to Commerce Dept. data, reversing a similar gain the month before.

Anta Sports Sees Improvement in Q2

The Chinese sportswear giant reported continued positive growth for its Q2 and H1 results, as Anta brand sales were up high-single digits, while Fila was up high-teens for the second quarter.

Nike Sued over Sports Bras

The Eager Beavertons were hit with a patent suit in MA district court by SherryWear and its founder and inventor Sherry Goff, accusing the Swoosh of infringing on eight patents related to sports bras with pockets.

Etcetera: Academy, Next Level Apparel, Davidson’s, Adidas, Peloton, Avoli

 
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