EY Future Consumer Index Finds Consumers Prioritizing Sustainability

Globally, levels of concern among consumers in response to the COVID-19 pandemic are moderating slightly, according to the seventh edition of the EY Future Consumer Index. A key emerging trend is the prioritization of sustainability, although the majority of consumers are relying on companies to act as leaders in driving positive social and environmental outcomes.

Hibbett Changes Corporate Name

Hibbett Inc. announced that it changed its corporate name from “Hibbett Sports, Inc.” to “Hibbett, Inc.”. Mike Longo, president and CEO, said new corporate name better reflects its increased emphasis on athletic-inspired fashion merchandise.

Mizuno Establishes Partnership With LPGA

Mizuno announced a new partnership with the LPGA. The Japanese manufacturer will have a presence at various professional and amateur women’s events in 2021 and produce content for the LPGA’s Women’s Network.

Izod Sold To Authentic Brands Group

Authentic Brands Group (ABG) has reached an agreement to acquire PVH Corp.’s Heritage Brands business, which includes the Izod, Van Heusen, Arrow and Geoffrey Beene brand trademarks. The cash purchase price for the transaction is approximately $220 million.

NTWRK Appoints First CMO

NTWRK, the livestream shopping platform, announced the appointment of Jason Brown as its first chief marketing officer. Brown joins NTWRK from Foot Locker, where he was VP marketing, North America.

Supreme Court Rules NCAA Can’t Limit Benefits To Student Athletes

The Supreme Court ruled unanimously on Monday that the NCAA cannot limit education-related benefits, like computers, musical instruments and paid internships, that colleges could offer their star student-athletes. The ruling opens the door for future legal challenges in the NCAA’s decades-old fight over paying student-athletes.