Athleta Earns B Corp Certification

Celebrating its 20th anniversary, Athleta announced it has earned B Corp Certification from the nonprofit B Lab, becoming one of the largest apparel companies in the world to certify as B Corp.

Oboz To Be Acquired By Kathmandu

Kathmandu, the outdoor retailer primarily active in New Zealand and Australia. said it had agreed to acquire Oboz Footwear, based in Bozeman, MO, for a base cash consideration of U.S. $60 million and earn-out of up to U.S. $15 million.

Puma to Re-Enter Basketball Category

Puma SE at its Capital Markets Day revealed intentions to re-enter the performance basketball category. The company also it expects currency-adjusted consolidated net sales to grow around 10 percent on average per year until 2022.

Large U.S. Retailers Urge Trump Against China Tariffs

A letter sent to President Trump signed Monday by 49 of the nation’s largest retailers, including Walmart, Target and Costco outlines their concerns about the detrimental impact broadly applied tariffs could have on American families.