Russell Athletic is further expanding its Hope for Hospitals initiative by dedicating up to $700,000 of product donations for the duration of the campaign.
Author: SGB Media
Fleet Feet Celebrates Global Running Day With Nationwide Virtual Running Event
With physical distancing precautions still in place across the country, Fleet Feet announced its fourth annual Global Running Day event. The Big Run will take place virtually this year. Shifting names to My Big Run, the June 3 Global Running Day initiative will take place in partnership with Brooks.
Survey Finds Runners Hesitant To Return To Running In Groups
According to a survey of runners from the Road Runners Club of America (RRCA), 60 percent are comfortable running with five or fewer people once a return to larger group running is permitted. Fifty-one percent are comfortable with 10 or fewer runners, but the percentage of comfort drops significantly when group runs start to see 20 or more participants.
Tracksmith Announces Addition Of Mary Cain, Nick Willis
Tracksmith, the independent Boston, MA-based running brand, announced that elite athletes Mary Cain and Nick Willis have joined the company as full-time employees—a move that will spearhead a broad-based effort from Tracksmith to support amateur runners.
Delta Apparel Announces Contract Extension For Chairman And CEO
Delta Apparel Inc. announced a two-year extension of the employment contract with its Chairman and CEO, Robert W. Humphreys.
Clarus Brings ‘Climber’s Mentality’ To COVID-19 Response
Clarus Corp., the parent of core backcountry brand Black Diamond among others, took on the COVID-19 pandemic with a “climber’s mentality,” President John Walbrecht said on Monday afternoon’s earnings call. SGB Executive breaks down the company’s “live now, climb another day” approach to this crisis.
REI To Begin Reopening Stores
REI Co-op announced a plan to slowly begin reopening brick & mortar stores across its U.S. footprint as the company prepares a “safe return to customer-facing services.”
MLB Proposes 82-Game Season Starting In July
Major League Baseball agreed on a proposal for an 82-game season that would start without fans in early July.
Yue Yuen’s April Sales Decline 19 Percent
Yue Yuen Industrial Ltd., the world’s largest sports footwear manufacturer, reported April’s revenues were down 19.1 percent. Pou Sheng International Ltd., the retail subsidiary of Yue Yuen, saw an 11.2 percent decline.
Outerstuff’s Debt Rating Lowered
Moody’s Investors Service lowered the debt ratings of Outerstuff LLC, the supplier of branded youth apparel for the major sports leagues. The downgrade reflects Outerstuff’s missed term loan principal and interest payments that were due March 28, 2020, and it enters into a forbearance agreement with term loan lenders on April 6, 2020.
Equinox Sets Reopening Strategy
Equinox Sports Club has unveiled its reopening plan, which comes with ramped up cleaning and sanitation, health checks, limited club capacity, PPE, contactless features, and changes in etiquette, the fitness club posted on its website.
Hanesbrands CEO Plans To Serve As Consultant In 2021
Hanesbrands Inc. announced that Gerald Evans Jr. will stay on as a consultant for a year after he retires as CEO at the close of this fiscal year.
Arc’teryx Equipment Appoints Katie Becker As First VP Creative
Arc’teryx Equipment has named Katie Becker as the brand’s first VP creative. Becker joins Arc’teryx after a 12 plus year career with Adidas, where she recently served as senior global design director.
Mueller Sports Recognized By The Professional Football Athletic Trainers Society
Mueller Sports Medicine was recognized as a Platinum Partner by the Professional Football Athletic Trainers Society.
Nike Tops Stage Stores’ Unsecured Creditors List
Nike Inc. was left with the largest unsecured claim in the bankruptcy filing of Stage Stores. Skechers, Adidas and Columbia Sportswear were also among the Top 20 unsecured creditors.
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