ESPN, the NBA and the National Basketball Players Association (NBPA) announced that Chris Paul, Trae Young and Tamika Catchings will headline the list of eight NBA and WNBA players and legends who will participate in the new NBA HORSE Challenge. (Read More)
The NFL announced that the 2020 NFL Draft will serve as a three-day virtual fundraiser benefiting six charities - selected by the NFL Foundation - that are battling the spread of COVID-19 and delivering relief to millions in need. (Read More)
New Balance has decided to furlough a "portion" of its retail, factory and office workers because of the coronavirus pandemic. The decision will not impact factory workers in Lawrence and Maine who are producing general use face masks for first responders. (Read More)
Canada Goose Holdings Inc., based in Toronto, announced its plans to ramp up domestic production of personal protective equipment (PPE) for frontline healthcare workers across Canada. Over the next two weeks, the company will begin to reopen all of its eight Canadian facilities and, at full capacity as many as 900 employees will be working to support the efforts. (Read More)
Canadian Tire Corp. launched the C$5 million Canadian Tire COVID-19 Response Fund to help Canadians and communities respond to the current COVID-19 pandemic. (Read More)
The Buckle Inc. announced that total net sales for the 5-week fiscal month ended April 4, 2020, decreased 50.2 percent. As previously announced, Buckle closed all brick & mortar stores due to the COVID-19 pandemic for an indefinite period beginning March 18, 2020. (Read More)
Nordstrom Inc. in a regulatory filing said the spread of COVID-19 has had a “substantial impact” on its business and results for the first quarter “and beyond will be adversely impacted in a significant manner.” (Read More)
Bass Pro’s senior leadership is taking a 20 percent cut in pay as part of a move to absorb the coronavirus fallout, according to a company memo attained by Forbes. Pay for store managers, distribution center managers and other salaried employees will be reduced by 7 to 15 percent. (Read More)
REI Co-op’s planned opening of a store in Billings, MT, in spring 2020 has been postponed due to the ongoing pandemic. (Read More)
Nike has signed a deal to replace Under Armour as the sponsor of Temple University, effective July, 2020. (Read More)
