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January 11, 2024


Wolverine Worldwide Sells Sperry to Authentic Brands

Authentic Brands Group will pay $130 million for the iconic, but struggling boat shoe brand and has already inked a North American license with Aldo Group.

Eagle Nice Expands in Indonesia

The sports apparel maker inked an agreement to acquire facilities in West Java Province, Indonesia for HK$105.8 million ($13.5 mm), furthering its expansion there in order to increase production capacity.

GolfForever Secures $10 Million in Funding

The at-home connected golf training system raised $10 million in a Series A funding round, led by growth equity fund, Clerisy, with additional participation from professional golfers Scottie Scheffler and Tom Kim.

Future Motion Files ITC Complaint over Electric Skateboards

Future Motion filed a complaint with the International Trade Commission seeking to block the importation of certain self-balancing electric skateboards and components that it says infringes on its patent no. 9,400,505.

CPSC Recall: Kid’s Bike Helmets

Retrospec is recalling about 72,150 Scout kid’s bike helmets because they don’t comply with the CPSC federal safety regulations.

Etcetera: Kryptek Outdoor, Merrell, Zoot Sports

 
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