Adidas Business In Greater China Returns To Growth In May

Adidas said that in Greater China, the company’s first major market on the road to recovery, all own- and partner-operated stores have been open since mid-April. While store traffic remained below the prior year level in May, targeted efforts to revitalize retail have led to sequential improvements since stores reopened

Nike EYBL Cancels 2020 Events

The Nike EYBL, one of the most prominent AAU basketball organizations in the country, announced that it is canceling all of its scheduled events for 2020.

Wolverine Seeing Online Sales Surge In Second Quarter

Wolverine World Wide Inc., in a business update, said owned e-commerce grew more than 90 percent in the first nine weeks of the second quarter of fiscal 2020, helping the company deliver a better-than-expected performance so far in the period.

Retail Reports Roundup 

Retail surveys and studies that arrived last week explored renewed optimism by Americans in support of small business, and in shopping overall, as COVID-19 lockdown measures are being lifted nationwide. Also explored in the studies were how retailers adjusted to lockdown measures, how people expect their lives to change post-COVID-19 and teen interest in entrepreneurship.