Category: Footwear

Nike’s former chief sustainability officer Noel Kinder was hired as LULU’s senior vice president of sustainability, reporting to Ted Dagnese, the company’s chief supply chain officer. He replaced Esther Speck who served as senior vice president of Sustainable Business and Impact at Lululemon for almost ten years.

Retail sales, in retail value, for the Fila brand in China increased in mid-single digits year-over-year in the second quarter, a moderation from the high-single-digit trend in the first quarter.

Puma’s 10-year contract extension on its deal with Manchester City will reportedly be worthup to £1 billion (US$1.3bn), in the form of £100 million per year which is a marked increase from its previous agreement of £65 million per year, signed in 2019.

The Offline channel, which includes retail and wholesale, registered a low-single-digit increase. Retail (direct operation) declined by mid-single digits, while Wholesale (franchised distributors) increased by low-single digits. The E-commerce channel registered mid-single-digit growth.

Jay Holder will support Running USA’s transition efforts until a new executive director is named. Kathleen Titus, president of the Board of Directors, will assume the role of interim executive director role.

S&P Global Ratings stated the debt ratings upgrade for Varsity Brands, the parent of BSN Sports and Varsity Spirit, reflects “solid demand in both segments, management’s effective execution in expanding the businesses, and the wind-down of significant legal and restructuring cash expenses.”

Adidas will begin outfitting the school’s 300-plus student athletes in the 2025/26 academic year across 17 varsity athletic programs. St. John’s University Red Storm becomes the only Big East Conference team to be outfitted by Adidas.

Helen Ashton, a non-executive director of the company’s Board of Directors and chair of the Board’s Audit and Risk Committee, has reportedly notified the company of her intention to step down to focus on other commitments.