Skechers USA Inc. reported second-quarter earnings jumped 66.0 percent, easily ahead of Wall Street's targets, as revenues gained 13.7 percent on a currency-neutral basis. The revenue gains were driven by increases of 19.8 percent in the company’s international business and 1.5 percent in its domestic business. (Read More)
Puma is close to an agreement on a club-record, ten-year deal worth more than €300 million (US$336 million), according to SportBild. (Read More)
And1’s national Paint the Park initiative, hosted by the footwear and apparel brand’s newest ambassador NBA Star Montrezl Harrell and fueled by Walmart has restored a popular community park in the Central City section of New Orleans. (Read More)
Fleet Feet has signed on as the official retail and sporting goods partner of SoleMates, a Girls on the Run (GOTR) program that empowers adults to achieve fitness and running-related goals while raising money, support, and awareness for Girls on the Run. (Read More)
Nike has settled a racial discrimination lawsuit initially filed in 2017 by a 15-year company veteran just before the case was heading for trial. Terms of the settlement were not disclosed. A Nike spokesman told Portland Business Journal that lawsuit was resolved to both parties' satisfaction." (Read More)
Major League Soccer and Adidas announced a new partnership with the German Football Association (DFB) to train MLS academy goalkeeper coaches and goalkeepers through a series of immersive year-long development courses. (Read More)
The NCAA issued a Notice of Allegations against North Carolina State, accusing the Wolfpack of two Level I violations and two Level II violations tied to college basketball's recruitment scandal. (Read More)
Hibbett Sports Inc. announced the appointments of Lorna Nagler and Dorlisa Flur to the company’s board of directors. The appointments increase the size of the board to 10. (Read More)
Whatever It Takes (WIT) Fitness and CrossFit, Inc. announced they have partnered to have WIT take over the CrossFit online store. The announcement comes several weeks after store.crossfit.com and stuff.crossfit.com were taken down and directed to reebok.com. (Read More)
Retail sales were up 0.6 percent in June seasonally adjusted from May and up 2.3 percent unadjusted year-over-year, the National Retail Federation said. (Read More)
