December 04, 2023 WFSGI Vows to Fight Inactivity
The World Federation of Sporting Goods Industry unveiled a new three-year plan aimed at combating sedentary behavior during the ISPO sports trade show in Munich, citing World Health Organization numbers that more than 80% of adolescents and 28% of adults aren’t hitting recommended activity levels. Honma Golf Profits Grow on Lower Sales
Net income increased by 8% in H1 ended Sep. 30 to ¥3,329.5 million ($23.0 mm) from ¥3,087.4 million, helped by favorable foreign exchange and a reversal of an impairment provision, despite a 12% decline in revenue to ¥13,194.8 million ($91.3 mm) from ¥14,927.4 million. Kingmaker’s Sales Plunge in Fiscal H1
Revenues at the Hong Kong listed footwear maker fell 40% in the fiscal first half ended Sep. 30 to HK$ 383,032,000 ($49.0 mm) from HK$ 639,175,000 due to lower shipments to the U.S. and Europe. LIVSN Designs Raises Seed Round
The Arkansas-based sustainable outdoor apparel brand raised an unspecified round of seed capital led by Steuart and Tom Walton’s RZC Investments, a Bentonville-based investment firm, with participation from Cadron Capital Partners and Techstars, among others. Bigshot Archery Acquires Delta McKenzie Targets
Bigshot Archery has acquired the maker of 3D and backyard archery targets, adding to its portfolio of brands, which includes Realwild, Titan and Iron Man. Deckers Sues Seattle Pacific over Fluff Yeah Copycats
DECK filed suit in WA district court against Seattle Pacific Industries for copying its Ugg Fluff Yeah design and infringing on its trade dress with SPI’s Unionbay slippers. Etcetera: eVent, REI, Tackle Warehouse
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