Nike announced a new remote work policy that will allow employees to work remotely up to four weeks per year.
Category: Apparel
NFW Closes $85 Million In Series B Funding Round
Natural Fiber Welding, Inc. (NFW) announced it has closed an $85 million funding round to scale production of its all-natural, circular materials products coming to market with a wide array of global brand partners. Evolution VC Partners led the round.
Clarus Corporation Announces Upsized $425 Million Credit Agreement
Clarus Corp. announced that it has amended and upsized its existing senior secured credit facility jointly led by JPMorgan Chase Bank, N.A. and Bank of America, N.A.
Boardriders Announces Retirement Of Shannan North
Boardriders, Inc. announced that Shannan North, president of commercial strategy and growth and chief brand officer, plans to retire.
Rally House To Open Stores In South Bend
After opening three stores in Indianapolis in 2021, Rally House plans to open Rally House Erskine Village and Rally House University Crossings in the South Bend market.
Nike Appoints Twitter Exec To VP Of Digital Design
Nike, Inc. has hired Dantley Davis, former chief designer officer at Twitter, as VP of digital design.
NRF Calls For Visa And Mastercard To Cancel Swipe Fee Increases
The National Retail Federation urged Visa and Mastercard to cancel credit card swipe fee increases scheduled to take effect this month, citing a letter from both Republican and Democratic members of Congress saying higher fees would add to inflation.
Champs Sports Opens Homefield Concept In Pembroke Pines
Champs Sports, part of Foot Locker, Inc., will open the brand’s retail concept store, Champs Sports Homefield, in Pembroke Pines, FL, on April 23. The largest of all Foot Locker, Inc. subsidiaries worldwide totals more than 35,000 square feet.
Rally House To Open In Omaha And Columbus
Rally House announced plans to open new stores in Omaha, NE and Columbus, OH.
USTA Promotes Sherr To CEO And Executive Director
Lew Sherr, the current chief revenue officer of the USTA, has been named USTA chief executive officer and executive director.
TB12 Appoints CEO
TB12, Tom Brady’s apparel brand and wellness company, appointed Grant Shriver as CEO and partner.
ABG Hires Entertainment Exec To Support International Growth
Authentic Brands Group (ABG), announced that sports and broadcast industry leader Kiyoshi Nakamura has joined its efforts in developing new business in the Asia-Pacific and European regions.
Anta Sports Sees High-Teens Q1 Growth For Anta Brand
Anta Sports reported retail sales of Anta branded products recorded high-teens positive growth in the first quarter compared to the same period in 2021 while Fila’s retail sales saw mid-single-digit positive growth.
Asics Relaunches Sublimation Offering For Team Sports
Asics America has relaunched its sublimation offering for team sports through a new partnership with the largest sublimation manufacturer in the West.
Goat Signs Multi-Year Partnership With Paris Saint-Germain
The Los Angeles-based online retailer Goat has signed a multi-year global partnership with Paris Saint-Germain, the French sports giant, as its official sleeve partner.
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