Lacoste Partners With IOC

Lacoste will launch an exclusive Olympic Heritage lifestyle apparel collection as part of a new partnership with the International Olympic Committee (IOC).

Goat Announces New Chief Operating Officer

Goat, a leading marketplace for authentic sneakers, announced the appointment of Lizzie Francis as the company’s first chief operating officer. Francis will report to CEO and co-founder, Eddy Lu.

SFIA Urges Trump Administration To Avoid Escalation Of “Trade War”

Following President Trump’s announcement of his intent to impose an additional $200 billion in tariffs on goods manufactured in China, Tom Cove, SFIA’s CEO and president, urged the two countries to return to negotiation table and said the “strain of explosive tariff threats back and forth strikes at the foundation of our economy.”

FDRA Criticizes Additional Tariffs

The FDRA (Footwear Distributors & Retailers Of America) said the potential for additional tariffs on $200 billion in Chinese goods will likely “negatively impact all Americans of every walk of life.”

Varsity Brands To Be Acquired By Bain Capital

Varsity Brands, the parent of BSN Sports, Varsity Spirit and Herff Jones, announced the signing of a definitive agreement to be acquired by Bain Capital Private Equity, the private investment firm. Varsity Brands is being acquired from Charlesbank Capital Partners and funds managed and/or advised by Partners Group, which purchased the company in 2014.