(Reuters) - Tennis racquet maker Prince Sports Inc, which pioneered the oversized racquet, filed for bankruptcy protection in a U.S. bankruptcy court citing increased competition, piling debt and a decline in discretionary spending post the financial crisis that led to falling sales.
The company, whose products have been used by well known tennis players like Maria Sharapova, Patrick Rafter, Martina Navratilova and Gael Monfils, was founded in 1970 and also sells sports footwear, apparel and accessories for indoor court sports like squash and racquetball.
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