EXEC: Former Exec Sues Adidas Over Alleged Gender Discrimination

Lindsay Gregg, who was Adidas’ head of women’s basketball sports marketing from January 2022 to February 2026, has filed a lawsuit against her former employer, charging she was fired for raising concerns about gender discrimination and the treatment of female athletes. She also charged Adidas with whistleblower retaliation.

On Brand Opens First Boston Store

On Holding announced the formal opening of its first retail store in Boston’s Back Bay neighborhood. The store marks the Swiss running brand’s 15th store in the U.S. and 70th store worldwide.

Amer Sports’s Debt Ratings Affirmed Following Debt Repayment

S&P Global Ratings affirmed the ‘BBB-‘ long-term issuer credit rating on Amer Sports following the repayment of $720 million in senior secured notes. S&P said its stable outlook reflects its view that Amer Sports will maintain a strong operating performance, with adjusted debt to EBITDA comfortably below 1.5x over 2026 and 2027.

March Retail Sales Climb Again as Tax Refunds Offset Rising Gas Prices

Retail sales rose again in March as consumers received higher-than-usual tax refunds that offset higher gasoline prices, according to the CNBC/NRF Retail Monitor. Total retail sales, excluding automobile dealers and gasoline stations, were up 0.4 percent seasonally adjusted month-over-month and up 6.59 percent unadjusted year-over-year.