The University of Connecticut will eliminate four sports in the cost-saving move. Affected programs are men’s cross country, women’s rowing, men’s swimming & diving and men’s tennis.
Category: Apparel
Eddie Bauer Joins Facebook Boycott
Eddie Bauer will pull its advertisements from Facebook in support of the w “#StopHateforProfit” campaign.
New York City Marathon Canceled Due To Pandemic
The 2020 TCS New York City Marathon, set to take place on November 1, has been canceled. New York Road Runners (NYRR), the event organizer, in partnership with the Mayor’s Office of the City of New York, have made the decision to cancel the world’s largest marathon due to coronavirus-related health and safety concerns for runners, spectators, volunteers, staff, and the many partners and communities that support the event.
Amazon Establishes Counterfeit Crimes Unit
Amazon announced it has established a new Counterfeit Crimes Unit, dedicated to bringing counterfeiters that violate the law and Amazon’s policies by listing counterfeit products in its store to justice.
JD Sports Buys Back Go Outdoors After Pushing It Into Administration
JD Sports reacquired the Go Outdoors chain for £56.5 million after putting it into administration.
Amazon Sets $2 Billion Climate Pledge
Amazon announced the launch of a $2 billion internal venture-capital fund focused on technology investments to reduce the impact of climate change. The Climate Pledge Fund program will back visionary companies whose products and services will facilitate the transition to a zero-carbon economy.
J.C. Penney To Close 13 More Stores
J.C. Penney Co., which filed for bankruptcy proceedings on March 15, disclosed an additional 13 stores it plans to close on top of the 136 being liquidated.
Fleet Feet Finds E-Commerce Boost Amid Pandemic
Fleet Feet has reopened 170 of its 184 stores in some capacity to strong initial results for many franchisees, according to a profile in Forbes. A decision to build a shared, central e-commerce site for all stores proved to be beneficial as stores were closed.
UK’s Go Outdoors Exploring Administration
Go Outdoors, the 67-unit outdoor chain based in the U.K., is exploring administration, a process similar to U.S. bankruptcy. The move was confirmed its owner by JD Sports.
Artémis To Trim Stake In Puma
Artémis, the holding company of French entrepreneur François Pinault, announced a new €500 million bond offering in Germany convertible into Puma shares in 2025.
Patagonia Joins Facebook Boycott
Patagonia has joined REI and The North Face in announcing plans to suspend advertising on Facebook and Instagram to show support for a movement called “#StopHateForProfit.”
Canadian Apparel Brand Duer To Open Third Store
Canadian performance denim company Duer announced the opening of its third retail location in Calgary on July 2.
AdvanSix Appoints New Chief Human Resources Officer
AdvanSix, a leading manufacturer of Nylon 6, appointed Kelly Slieter as senior vice president and chief human resources officer. She was at Honeywell.
OBIT: Rossignol’s Laurent Boix-Vives
Laurent Boix-Vives, Rossignol Group’s president and leader for some 50 years, passed away on Thursday, June 18, at the age of 93.
REI’s Westminster Location Closes On Monday
REI is closing its store in Westminster, CO after failing to reach a new agreement with the Orchard Town Center’s landlord, according to the Denver Post.
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