Adidas filed a lawsuit against fashion designer Thom Browne for copyright infringement over its use of stripes, according to The Fashion Law.
Category: Footwear
Under Armour Partners With Southeastern Athletics
Southeastern Louisiana University has entered into a five-year partnership with Under Armour through BSN Sports to be the official apparel provider of SLU Athletics.
Report: Final Bidders Arrive For Reebok
Wolverine Worldwide Inc., Advent International, CVC Capital Partners, Sycamore Partners and Cerberus Capital Management are on the list of companies that have been asked to submit final bids in August to acquire Reebok, according to a report from Reuters.
NCAA Allows Athletes To Profit From Name, Image And Likeness
Breaking with a long-held stance on athlete compensation, the NCAA Division I schools top rules-making group Wednesday approved policy changes that would enhance athletes’ ability to make money from their name, image and likeness, beginning July 1, 2021.
Gymshark Founder Reclaims CEO Role To Oversee U.S. Expansion
Ben Francis, founder, Gymshark, is reclaiming his role as the chief executive in August as the company expands into the U.S. and Asia. The move comes four years after he stepped back from leading the brand.
JD Sports To Split Chairman And CEO Roles
JD Sports Fashion said it will split Peter Cowgill’s role as executive chairman and recruit a chief executive over the next year.
Caleres’ Debt Outlook Raised To Positive
Moody’s Investors Service changed Caleres Inc.’s (Caleres) outlook from negative to positive.
Wolverine World Wide’s Debt Ratings Outlook Upgraded
Moody’s Investors Service upgraded Wolverine World Wide Inc.’s debt ratings outlook from negative to stable due to expectations of improved performance and credit metrics in coming quarters.
Adidas Launches Share Buyback Program
Adidas said its Executive Board has decided to launch a share buyback program in the second half of 2021 amid confidence the company’s latest strategy, ‘Own the Game,’ would generate “substantial” cumulative free cash flow over the next five years.
Timberland Partners With ReCircled
Timberland has partnered with ReCircled to support the upcoming launch of its global product take-back program.
Brooks Sets Goal For Zero Carbon Emissions By 2040
Brooks Running outlined its 2030 planet strategy that includes a commitment to achieve net-zero carbon emissions by 2040.
COVID-19 Lockdowns Impact Australian Trade
Kathmandu Holdings Ltd. (NZX/ASX: KMD) (Group) provided the following trading update today following the recent announcement of additional COVID-19 restrictions in New South Wales, Australia.
Skechers Named Official Team Footwear Supplier Of 2021 Solheim Cup
For the first time, Skechers has been named the official footwear supplier of both the European and United States Solheim Cup Teams for the 2021 tournament.
VF Corp Completes Sale Of Occupational Portion Of Work Segment
VF Corporation announced that it has completed the sale of the occupational portion of its Work segment to a subsidiary of Redwood Capital Investments, LLC, a diversified holding company.
EventHub Continues As Expo Management Partner For Running USA Industry Conference
Running USA announced that EventHub would continue as the Expo Management Partner for its Industry Conference to be held at Disney’s Coronado Springs Resort, FL from February 20-22, 2022.
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