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Sports Specialties Company

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October 13, 1994 | JOHN O'DELL, TIMES STAFF WRITER
An Orange County distributor of sports caps made by Sports Specialties Inc. in Irvine has sued the company for $10 million, claiming that it has broken an exclusive distributorship agreement. The lawsuit by Unlimited Specialty Products Inc. claims that the 16-year-old agreement was renewed in November, 1991, and that Sports Specialties, which later became a subsidiary of Nike Inc., began violating it in January, 1992.
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BUSINESS
June 19, 1992 | JAMES S. GRANELLI, TIMES STAFF WRITER
Nike Inc. said Thursday that it has signed a letter of intent to acquire fast-growing Sports Specialties Corp., the world's largest distributor of licensed athletic caps, for more than $50 million. The purchase price, subject to various factors, will be determined when the deal is closed in about two months. Sports Specialties, based in Irvine, will be operated as a Nike subsidiary. Its management and employees will remain.
BUSINESS
October 13, 1994 | JOHN O'DELL, TIMES STAFF WRITER
An Orange County distributor of sports caps made by Sports Specialties Inc. in Irvine has sued the company for $10 million, claiming that it has broken an exclusive distributorship agreement. The lawsuit by Unlimited Specialty Products Inc. claims that the 16-year-old agreement was renewed in November, 1991, and that Sports Specialties, which later became a subsidiary of Nike Inc., began violating it in January, 1992.
BUSINESS
January 30, 1988 | JAMES S. GRANELLI, Times Staff Writer
David Warsaw's dream as a teen-ager in the 1920s was to play shortstop for his hometown team, the Chicago Cubs. He was good, but he was the last to recognize that he just didn't have enough talent for professional baseball. If he couldn't play on the field, he decided, he would move to the stands where he could blend his passion for sports with his flair for business.
BUSINESS
September 17, 1990 | James S. Granelli, Times staff writer
Sports Specialties Corp. is going through some pretty heady times as it rides the wave of international demand for American sports and sports products. The Irvine company makes the popular Pro brand cap, authentic headgear that the pros wear. It holds licenses from all the major professional sports leagues and college associations, as well as the International Baseball Assn., which covers about 80 nations.
BUSINESS
June 19, 1992 | JAMES S. GRANELLI, TIMES STAFF WRITER
Nike Inc. said Thursday that it has signed a letter of intent to acquire fast-growing Sports Specialties Corp., the world's largest distributor of licensed athletic caps, for more than $50 million. The purchase price, subject to various factors, will be determined when the deal is closed in about two months. Sports Specialties, based in Irvine, will be operated as a Nike subsidiary. Its management and employees will remain.
BUSINESS
September 17, 1990 | James S. Granelli, Times staff writer
Sports Specialties Corp. is going through some pretty heady times as it rides the wave of international demand for American sports and sports products. The Irvine company makes the popular Pro brand cap, authentic headgear that the pros wear. It holds licenses from all the major professional sports leagues and college associations, as well as the International Baseball Assn., which covers about 80 nations.
BUSINESS
January 30, 1988 | JAMES S. GRANELLI, Times Staff Writer
David Warsaw's dream as a teen-ager in the 1920s was to play shortstop for his hometown team, the Chicago Cubs. He was good, but he was the last to recognize that he just didn't have enough talent for professional baseball. If he couldn't play on the field, he decided, he would move to the stands where he could blend his passion for sports with his flair for business.
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