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BUSINESS
August 3, 1991 | From Times Staff and Wire Reports
Reebok Loses 'Pump' Suit: The athletic shoe manufacturer lost an attempt to block the sale and distribution of a baseball glove that it contends uses its "Pump" technology. Reebok accused its partner in developing the technology, Design Continuum, of divulging trade secrets to Spalding Sports Worldwide, maker of the AirFlex glove. The glove features a built-in air pump and release valve that molds the glove to the wearer's hand.
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BUSINESS
April 18, 2003 | From Associated Press
Spalding Sports Worldwide is giving up basketball, football and other sports to focus on its golf game. In a $65-million deal, the oldest U.S. sporting goods firm is selling the Spalding name to Atlanta athletic wear maker Russell Corp. Chicopee, Mass.-based Spalding says the move will let it focus on its Top-Flite, Ben Hogan and Strata golf products, which account for about 70% of sales.
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BUSINESS
April 18, 2003 | From Associated Press
Spalding Sports Worldwide is giving up basketball, football and other sports to focus on its golf game. In a $65-million deal, the oldest U.S. sporting goods firm is selling the Spalding name to Atlanta athletic wear maker Russell Corp. Chicopee, Mass.-based Spalding says the move will let it focus on its Top-Flite, Ben Hogan and Strata golf products, which account for about 70% of sales.
BUSINESS
May 6, 1999 | Dow Jones
Callaway Golf Co. and Spalding Sports Worldwide Inc. said Wednesday that they have settled a trademark lawsuit the Carlsbad golf club maker filed against Spalding last year in federal court in Santa Ana. Financial terms were not disclosed, but Spalding said it has agreed to phase out a line of golf balls that it had advertised as being specially made to perform well with Callaway clubs.
BUSINESS
May 6, 1999 | Dow Jones
Callaway Golf Co. and Spalding Sports Worldwide Inc. said Wednesday that they have settled a trademark lawsuit the Carlsbad golf club maker filed against Spalding last year in federal court in Santa Ana. Financial terms were not disclosed, but Spalding said it has agreed to phase out a line of golf balls that it had advertised as being specially made to perform well with Callaway clubs.
BUSINESS
March 4, 1998 | Bloomberg News
A U.S. district judge denied a motion by Callaway Golf Co. to prevent Evenflo & Spalding Holding Corp.'s Spalding Sports Worldwide Inc. from selling golf balls in packaging that uses Callaway Golf's name. After a one-hour hearing, Judge Alicemarie Stotler in Santa Ana dismissed Callaway's lawsuit that sought a temporary injunction to prevent Spalding from shipping the Top-Flite Ball/Club System C golf ball, which it says is designed to match Callaway's clubs.
SPORTS
November 14, 1991 | From Staff and Wire Reports
Magic Johnson, still eager to play in the Olympic Games despite testing positive for HIV, received support from the chief medical officer of the International Olympic Committee. Prince Alexandre de Merode, head of the IOC's Medical Commission, said the IOC "doesn't have any rules" that would ban Johnson from the Barcelona Games next summer. Asked whether Johnson would be welcome, de Merode said: "Certainly."
BUSINESS
January 29, 1993 | Associated Press
Challenge Golf, a North Carolina company that also operates under the name Aqua Shag, has agreed to stop using the Spalding Sports Worldwide trademark. The North Carolina company allegedly was stamping the Spalding trademark on used balls retrieved from golf course lakes.
BUSINESS
May 6, 1999 | MELINDA FULMER
Carlsbad-based Callaway Golf Co. this week settled a suit filed last year in U.S. District Court against Spalding Sports Worldwide Inc. that charged the sporting goods company with misappropriating Callaway's trademark and reputation to sell its golf balls. In its advertising, Spalding used images of Callaway's Big Bertha clubs, claiming that its Top Flite System C balls performed particularly well with the popular line of metal woods, a claim that Callaway says it did not endorse.
SPORTS
February 26, 1990 | From Times Wire Services
Bob Cousy announced today that he was resigning as president of the Basketball Hall of Fame. The Boston Celtic great, the first member of the Hall of Fame to be elected its president, cited the pressures of a heavy personal schedule as well as other considerations in his decision. "The Basketball Hall of Fame is truly indebted to Bob for his efforts on our behalf," said Joe O'Brien, executive director of the Hall of Fame. "There could never be a better spokesman for this museum."
BUSINESS
March 4, 1998 | Bloomberg News
A U.S. district judge denied a motion by Callaway Golf Co. to prevent Evenflo & Spalding Holding Corp.'s Spalding Sports Worldwide Inc. from selling golf balls in packaging that uses Callaway Golf's name. After a one-hour hearing, Judge Alicemarie Stotler in Santa Ana dismissed Callaway's lawsuit that sought a temporary injunction to prevent Spalding from shipping the Top-Flite Ball/Club System C golf ball, which it says is designed to match Callaway's clubs.
SPORTS
November 14, 1991 | From Staff and Wire Reports
Magic Johnson, still eager to play in the Olympic Games despite testing positive for HIV, received support from the chief medical officer of the International Olympic Committee. Prince Alexandre de Merode, head of the IOC's Medical Commission, said the IOC "doesn't have any rules" that would ban Johnson from the Barcelona Games next summer. Asked whether Johnson would be welcome, de Merode said: "Certainly."
BUSINESS
August 3, 1991 | From Times Staff and Wire Reports
Reebok Loses 'Pump' Suit: The athletic shoe manufacturer lost an attempt to block the sale and distribution of a baseball glove that it contends uses its "Pump" technology. Reebok accused its partner in developing the technology, Design Continuum, of divulging trade secrets to Spalding Sports Worldwide, maker of the AirFlex glove. The glove features a built-in air pump and release valve that molds the glove to the wearer's hand.
BUSINESS
August 16, 1996 | Times Staff and Wire Reports
KKR to Buy Interest in Spalding & Evenflo: Buyout group Kohlberg Kravis Roberts & Co. said it agreed to acquire a majority interest in sporting goods and juvenile-products maker Spalding & Evenflo Cos. from Venezuela-based investment firm Cisneros Group, and it praised the growth potential for Spalding & Evenflo products.
BUSINESS
December 17, 1998
FMC Corp. said a federal judge in San Jose agreed to reduce a jury's award against the chemical and machinery maker for misleading the U.S. Army about how safely its Bradley Fighting Vehicle could cross rivers. The judge didn't specify what the final judgment would be, although Chicago-based FMC said it expects the award to be less than $90 million.
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