Michael Phelps Suspended By USA Swimming For Six Months

USA Swimming has suspended Michael Phelps for six months, forced him to withdraw from next year's world championships and taken away his funding from the sport's national governing body as a result of the Olympic champion's second DUI arres

Puma Extends BMW Deal

Puma has extended its partnership with BMW Motorsport, announcing a multi-year renewal of its contract with the global motorsport brand…

Under Armour Plans Distribution Center In Tennessee

Under Armour, Tennessee Governor Bill Haslam, and Economic and Community Development Commissioner Bill Hagerty announced the company's plans to build a new one million square foot distribution and warehouse facility in Mount Juliet, TN a suburb of Na

Nike Delays Launch of LeBron 12 Basketball Shoes

Nike has delayed the launch of the new Lebron 12 shoes due to product quality issues. In a brief statement on its website, Nike said, “Product quality is a priority for Nike. Due to a small cosmetic issue with some of the LEBRON 12 shoes we have delayed t

Exponent Renews Corporate Partnership with SFIA

A leader in engineering and scientific consulting, Exponent has renewed its corporate partnership with the SFIA, maintaining its Gold level Partner status. As a founding Corporate Partner, Exponent’s expertise will continue to be highlighted through

Fila to Sponsor Dutch Skating Team

Fila Korea signed a sponsorship contract with the Dutch Skating Federation (KNSB) to support the national skating teams of the Netherlands. Fila will supply jerseys, training wear, and shoes to the 150 speed skaters, short track skaters, and inline skater

Adidas Plans $2 Billion Stock Buyback

Adidas AG resolved plans to return up to €1.5 billion ($2 bn) in total to Adidas AG shareholders over the next 3 years, primarily through stock buybacks. In addition, Adidas AG confirms its stated commitment to pay an annual dividend to shareholder

RSG Acquires Raleigh-based Capital RunWalk

The Running Specialty Group (RSG), an operating segment of The Finish Line, Inc., announced the addition of Raleigh-based Capital RunWalk to its national community of retail locations. This expands RSG’s market share to include North Carolina…