Century 21 announced plans to reopen in Spring 2023 at its former location near the World Trade Center in downtown Manhattan. The reopening comes two years after the store closed due to the pandemic. (Read More)
Felicia Mayo, who has worked as Nike's chief talent, diversity and culture officer since July 2020, is leaving the company at the end of July 2022, according to an internal memo obtained by The Financial Times. (Read More)
The TJX Companies, Inc. reported earnings in the first quarter topped Wall Street's guidance, but sales were below plan, and the retailer lowered its U.S. growth guidance for the year. (Read More)
Relaxed COVID-19 restrictions, which gave people the ability to return to some of their traditional activities in 2021, was reflected in the 10 segments tracked for the 2022 edition of the National Sporting Goods Association’s (NSGA) Sports Participation in the U.S. report. (Read More)
Nike has ended its 17-year cooperation with Russian Premier League Football club Spartak Moscow after the team was ruled out of next season's European competitions because of Russia's invasion of Ukraine. (Read More)
Italian sportswear brand Kappa signed a multi-year sponsorship with U.S. Ski & Snowboard to be the official technical apparel partner of the U.S. Ski Team. Kappa replaces Spyder, which had the ski team's apparel deal for the past 33 years. (Read More)
The U.S. Census Bureau said overall retail sales in April were up 0.9 percent seasonally adjusted from March and up 8.2 percent year-over-year. That compared with increases of 1.4 percent month-over-month and 7.3 percent year-over-year in March. (Read More)
ThredUP released the results of the 2022 Resale Report that predicts the U.S. secondhand market will more than double by 2026, reaching $82 billion. (Read More)
