The University of Minnesota Duluth (UMD) announced that its partnership with Under Armour and Universal Athletic has been extended through 2028.
Category: Footwear
McCann Worldgroup Names Nike’s Alex Lopez As President And Global Chief Creative Officer
McCann Worldgroup appointed Nike’s marketing veteran Alex Lopez as president and global chief creative officer. Lopez spent 23 years at Nike, most recently as global vice president of brand marketing and global men’s creative director.
Nike Founder Phil Knight And Former Nike Executives Launch NIL Firm Supporting Student-Athletes
Several University of Oregon alumni and donors, including Nike Co-founder Phil Knight, Pat Kilkenny, Ed Maletis, Jim Morse, and the Papé Family, announced the formation of Division Street, Inc., a sports venture that will assist Oregon student-athletes in monetizing their NIL. The venture includes former Nike executives.
Everlane Appoints CEO
Everlane appointed Andrea O’Donnell, former president of Ugg, as CEO. Michael Preysman, Everlane’s founder and former CEO, will become executive chair while taking on a sustainability-focused role.
Ross Stores Appoints CFO
Ross Stores, Inc. announced that Adam Orvos, currently group senior vice president, supply chain administration, is being promoted to executive vice president and chief financial officer, effective October 1, 2021.
Davison’s Shoes And Verco Sporting Goods To Shutter
Davison’s Shoes/Verco Sporting Goods in Nevada, MO will be closing its doors after 64 years in business as founders, Marvin and Betty Davison, plan to retire.
New Balance Partners With British Universities and Colleges Sport (BUCS)
New Balance has formed a five-year sponsorship contract with British Universities and Colleges Sport (BUCS), the governing body for higher education sport in the United Kingdom.
REI Appoints Chief Diversity And Social Impact Officer
REI Co-op announced that Wilma Wallace has been promoted to chief diversity and social impact officer, effective immediately. Wallace has served as the retailer’s general counsel and corporate secretary since 2017.
Authentic Brands Group Appoints Footwear Unlimited As New Frye Footwear Partner
Authentic Brands Group announced the transition of its footwear license for Frye to Footwear Unlimited.
NPD Report: Golf Equipment Sales Surge Through August
Golf equipment dollar sales grew by 37 percent from January through August 2021 compared to the same period a year ago, reported The NPD Group. Year-over-year sales of golf club sets and balls grew by 37 percent and 27 percent, respectively.
Puma’s CEO Sees Potential To Double Revenues
In an interview with the German-language Handelsblatt newspaper, Bjorn Gulden, Puma’s chief executive, said the sports brand has the potential to double its sales to more than €10 billion to $11.5 billion in the long term.
Run Show USA Event To Be Held In Los Angeles
Raccoon Events announced its third Run Show USA venue has been confirmed for September 24-25 2022, at the Los Angeles Convention Center in Southern California. This is following the launch of its Run Show USA in Boston and Chicago.
Foot Locker Launches Senior Notes Offering
Foot Locker Inc. is launching a private offering of $400 million in aggregate principal amount of its senior notes due 2029. Foot Locker intends to use the net proceeds from this offering for general corporate purposes.
Nike Opens Live Store In Brooklyn
Nike has opened its third Live digitally-enabled concept in New York City in the Williamsburg section of Brooklyn.
Deckers Brands’ Fashion Lifestyle President Departs
Deckers Brands said Andrea O’Donnell has stepped down as president of its Fashion Lifestyle segment, which includes Ugg and Koolaburra, to accept another opportunity.
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