The U.S. Cotton Trust Protocol welcomed Gildan Activewear and their portfolio of company-owned brands, including Gildan, Alstyle, American Apparel and Comfort Colors as members.
Category: Footwear

Under Armour Veteran Joins CEO Coaching International
CEO Coaching International named Matt Shearer, a former executive at Under Armour, as its newest partner and coach.

Izod Sold To Authentic Brands Group
Authentic Brands Group (ABG) has reached an agreement to acquire PVH Corp.’s Heritage Brands business, which includes the Izod, Van Heusen, Arrow and Geoffrey Beene brand trademarks. The cash purchase price for the transaction is approximately $220 million.

Wolverine Worldwide Names Blake Krueger’s Year-End Successor As CEO
Wolverine World Wide Inc. announced that Brendan Hoffman, president and a member of the company’s Board of Directors, will also become chief executive officer at the end of the year. Hoffman will succeed Blake Krueger, who will assume the newly created role of executive chairman.

OBIT: Jimmy Jazz Founder Joseph Khezrie
Jimmy Jazz said its founder Joseph Khezrie has passed away at the age of 90.

Adidas Extends Partnership With Western Michigan University
Western Michigan University Director of Athletics, Kathy Beauregard, announced an extension of the department’s partnership with Adidas, keeping Bronco Athletics in the brand through 2027/28.

NTWRK Appoints First CMO
NTWRK, the livestream shopping platform, announced the appointment of Jason Brown as its first chief marketing officer. Brown joins NTWRK from Foot Locker, where he was VP marketing, North America.

Designer Brands Makes Exec Changes To Further Support Camuto Group’s Integration
Designer Brands Inc. said that in addition to her ongoing role as vice chairman, Debbie Ferrée has been named president of Camuto Group, a role she has held on an interim basis since August 2020. In addition, William Jordan has been named president of Designer Brands.

Supreme Court Rules NCAA Can’t Limit Benefits To Student Athletes
The Supreme Court ruled unanimously on Monday that the NCAA cannot limit education-related benefits, like computers, musical instruments and paid internships, that colleges could offer their star student-athletes. The ruling opens the door for future legal challenges in the NCAA’s decades-old fight over paying student-athletes.

U.S. Trail Running Conference Webinar Shines A Spotlight On Safety
The sixth webinar in a nine-webinar series produced by the U.S. Trail Running Conference and presented by the trail registration platform UltraSignup was hosted on June 17.

Eagle Creek To End Operations By Late 2021
VF Corp has confirmed plans to cease operations of the Eagle Creek, the travel accessories, luggage and daypack brand, this fall.

Shoe Carnival Issues Robust Annual Guidance
Shoe Carnival Inc. issued its full-year guidance that calls for earnings to double year-ago levels and come in ahead of current Wall Street targets. The off-pricer’s Board of Directors also authorized a two-for-one stock split.

DIVERTsessions To Open In Santa Ana
DIVERTsessions, an outdoor 45,000-square-foot action sports venue, will launch at MainPlace Mall in Santa Ana, CA for an initial three-month run this summer.

FTI Consulting Projects U.S. Online Retail Sales To Reach $865 Billion in 2021
With an improving economic outlook and accelerating growth of online shopping since the start of the COVID-19 pandemic, the Retail & Consumer Products practice at FTI Consulting, Inc. projects U.S. online retail sales will reach $865 billion in 2021, with nearly two-thirds of Amazon Prime Day shoppers surveyed saying they intend to spend more during this year’s event than they did in 2020.

Adidas Partners With Delta Galil
Adidas announced a global licensing agreement that will see Delta Galil design, manufacture and distribute men’s and women’s underwear collections under Adidas’ Badge of Sport and Originals labels. Launching for Spring 2022, the collections will be available in the APAC, EMEA, Europe and Latin America regions, with the women’s collections also launching in North America.