University Of Denver Adding Women’s Triathlon As Varsity Sport

USA Triathlon, along with Karlton Creech, University of Denver Vice Chancellor for Athletics, Recreation and Ritchie Center Operations, announced that the University of Denver will add women’s triathlon to its varsity sport offerings. The school is the 37th in the nation, the second in Colorado and the ninth at the NCAA Division I level to add the sport.

NRF: Pandemic Recession Could Already Be Easing

The economic downturn brought on by the coronavirus pandemic has officially been declared a recession, but National Retail Federation Chief Economist Jack Kleinhenz said the key question is how long it will last.

AAFA Welcomes USMCA Implementation

American Apparel & Footwear Association (AAFA) President and CEO Steve Lamar welcomed the implementation of the U.S.-Mexico-Canada Agreement (USMCA) ahead of its entry into force on July 1.

Genesco Names New Board Chair

Genesco Inc. announced that Mimi E. Vaughn, the company’s president and chief executive officer, has been named to the additional position of chair of the board of directors, effective July 1, 2020. Vaughn will succeed Robert J. Dennis, implementing the final step of a transition plan that began in 2018.

Macy’s Reports $3.58 Billion Quarterly Loss

Macy’s Inc., in line with a pre-announcement, reported a steep loss in the first quarter but said it expects sales to gradually improve over the remainder of the year as coronavirus lockdown orders ease. Said CEO Jeff Gennett. “We do not anticipate another full shutdown, but we are staying flexible and are prepared to address increases in cases on a regional level.”

PeopleForBikes President Announces Retirement

After 16 years at the helm of PeopleForBikes and four decades working in the bike industry, President Tim Blumenthal has announced his retirement. Jenn Dice, the organization’s COO, will become president and CEO on July 1.

Pocket Outdoor Media Acquires Three Divisions From Active Interest Media

Pocket Outdoor Media (POM), the endurance sports media platform, announced the acquisition of the Healthy Living, Fitness, and Outdoor divisions of Active Interest Media (AIM). Included in the AIM acquisition are: Yoga Journal, SKI, Climbing, Backpacker, Warren Miller Entertainment, Oxygen, IDEA Health and Fitness Association, Clean Eating, Vegetarian Times, Better Nutrition, NatuRx, Muscle & Performance, Nastar, Fly Fishing Film Tour, National Park Trips, and SNEWS.

Adidas HR Chief Resigns Following Claims Of Discrimination

Karen Parkin, executive board member of Adidas AG, responsible for global human resources, has informed Adidas AG’s Supervisory Board that she will step down from the Executive Board and leave the company. The move comes as Adidas has faced criticism from employees who say it fosters a racist and discriminatory workplace.

NPD Report: Running Regains Its Stride

Dollar sales in the U.S. performance running rebounded in mid-May and in the week ending June 20 grew by 30 percent year over year, according to The NPD Group. Brooks, Hoka and On Running have all shown double- and triple-digit growth for the past five weekly time periods.

Survey: A Third Of Supply Chain Leaders Exiting China By 2023

A Gartner Inc. survey of 260 global supply chain leaders in February and March 2020 found that 33 percent had moved sourcing and manufacturing activities out of China or plan to do so in the next two to three years. Survey results show that the COVID-19 pandemic is only one of several disruptions that have put global supply chains under pressure.

VF Plans Re-Org To Support Greater China, Emerging Brands Growth

VF plans to hire its first president, Greater China. Kevin Bailey, executive vice president & Group President, APAC, will continue leading the Asia Pacific Region but will relocate to Denver, CO where he will also assume leadership of the company’s Emerging Brands platform including Altra, Eagle Creek, JanSport, and Smartwool brands as well as Kipling and Icebreaker brands in the Americas Region.