NBA Names CEO Of NBA Africa

The National Basketball Association (NBA) today named Victor Williams CEO of NBA Africa effective August 17, 2020. His appointment was announced by NBA Commissioner Adam Silver.

Swiss Running Brand ‘On’ Announces First Professional Run Club

On, the Swiss running footwear brand, announced the debut of its first professional run crew, the On Athletics Club (OAC). Coached by Dathan Ritzenhein. The inaugural roster includes Joe Klecker, Alicia Monson, Leah Falland (O’Connor), Emily Oren, Alicja Konieczek, Carlos Villarreal, Oliver Hoare, and George Beamish.

Retail Reports Roundup

Recent retail surveys and studies included McKinsey finding consumers optimism eroding amid spikes in COVID-19 cases in several states and an IBM study detailing concerns over heading back to work as well as to malls and other public places. Other surveys explored expectations for back-to-school and holiday spending, consumers increasing their saving behaviors and changing purchasing behaviors amid the downturn.

NSSF Statement On NYAG’s Intent To Dissolve The NRA

NSSF, the trade association for the firearm industry, said in a statement that it is “troubled by the politically-driven decision of New York Attorney General Letitia James to seek to dissolve the National Rifle Association, America’s oldest civil rights organization.”

Foot Locker Sees 18 Percent Q2 Same-Store Gain

Foot Locker Inc. reported same-store sales jumped approximately 18 percent for the second quarter. Adjusted earnings are expected to be up about 24 percent but reported earnings are expected to be down due to charges to cover the wind-down of Runners Point, an Eastbay restructuring, and costs related to the national protests over race.