Category: Apparel

Modell’s Sporting Goods filed for Chapter 11 bankruptcy protection in New Jersey. The family-owned retail chain will begin liquidation sales in all stores and plans to continue its online sales during the process.

Roger Federer, who left Nike to join Uniqlo in 2018, has obtained the rights to his “RF” logo from Nike, according to Tennis.com.

USA Cycling President and CEO Rob DeMartini announced Scott Schnitzspahn’s resignation and Jim Miller’s return to USA Cycling.

The Big 12 Conference and Academy Sports + Outdoors announced a new multi-year partnership featuring the first-ever title sponsorship of Big 12 Football Media Days.

Puma said it no longer expects its business will return to normal soon, despite encouraging signs coming out of China, adding it was abandoning the 2020 guidance it gave on February 19 that had assumed the crisis would be short-lived.

Adidas said it expects first-quarter sales to fall more than 10 percent as revenues in Greater China tumble between €0.8 billion and €1.0 billion below the prior-year level due to the coronavirus outbreak. The guidance assumes a decline of about €100 million in Japan and South Korea while the rest of the world grows at a currency-neutral 6 percent to 8 percent.

Dick’s Sporting Goods reported fourth-quarter earnings topped Wall Street’s expectations as same-store sales rose 5.3 percent. The retailer also announced it was removing the hunt category from another 440 stores.

Adidas said one of its employees at its headquarters in Herzogenaurach, Germany has tested positive for the coronavirus.

Lacrosse Unlimited announced the continued expansion of the institutional sales and production team with the addition of Kevin Simmons and Rob Rochford in sales and Mitch Mendel in production.