Nike has renewed its sponsorship deal with Stade Toulousain, the French rugby club.
Author: SGB Media
Rab and Lowe Alpine Join Fair Wear Foundation
British outdoor brands Rab and Lowe Alpine, owned by Equip Outdoor Technologies UK Ltd., are now an approved member of Fair Wear Foundation.
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.
Catsports Acquires Sports Equipment Of Toronto Ltd.
Catsports has completed the purchase of Sports Equipment of Toronto, further strengthening its position as a Canada-wide leader in the sale of sports and recreational equipment for the institutional market.
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.
NBA Expected To Approve 22-Team Plan To Restart Season
The NBA plans to resume play on July 31 with 22 of its 30 teams competing for the final seeds of a 16-team playoff, according to a report from ESPN.
Tilly’s Inc. Looks To Rebound From Ugly Q1 With 67 Percent Of Stores Now Reopened
Tilly’s, Inc. saw total net sales decline 40.7 percent the first quarter of fiscal 2020 ended May 2 as store closures halfway through the period cut into sales for the period. Total net sales were $77.3 million compared to $130.3 million in the prior-year quarter.
L.L. Bean Repens Flagship In Freeport
L.L. Bean announced it is opening its flagship store in Freeport, ME along with outlets also in Freeport, Bangor, and Ellsworth, ME respectively.
Walmart Removes Firearms From Sales Floor Amid Protests
Walmart removed ammunition and firearms from displays at some of its stores in the wake of the protests sparked by the death of George Floyd
AseanBike 2020 Cancelled; Will Reset as 2021 Show
Messe Friedrichshafen and N.C.C. Exhibition Organizer (NEO) have decided to cancel the AseanBike bicycle trade show in Bangkok, Thailand originally scheduled to run October 29-31, 2020.
Duke’s Sporting Goods Merges With H+W Sports
Duke’s Sporting Goods and H+W Sports, two team-sports retailers based in Kentucky, have decided to merge.
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.
ADP: Private Payrolls Down 2.76 Million In May
Private sector employment decreased by 2.76 million jobs from April to May according to the May ADP National Employment Report.
Rock Ridge Outdoors Adds To Marketing Team
Rock Ridge Outdoors has added Micah Denesse to its sales and marketing team, effective immediately.
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