Football Australia announced that it has signed an expanded and extended multi-year partnership with Rebel Sport, Australia’s largest sports retailer, to support the growth of women’s and grassroots football across the country.
Category: Footwear
PGA Tour Superstore Announces Five New Locations
PGA Tour Superstore announced plans to open at least five new stores in 2021. The new locations are slated to open in New York, Texas and Virginia.
Nike To Sell Refurbished Footwear
Nike introduced Nike Refurbished, a new program that resells returned shoes at discount prices.
Urban Outfitters Announces Personnel Changes And A Sales Update
Urban Outfitters Inc. reported Hillary Super has stepped down as global chief executive officer at Anthropologie Group. She was replaced by Tricia Smith, former head merchant at Tilly’s.
Activist Investor Legion Partners Nominates Seven Directors To Genesco Board
Legion Partners Asset Management LLC, an activist investor, has nominated seven directors to sit on the board of Genesco Inc., the parent of Journeys, according to a letter made public in a filing on Monday.
EcoCart Raises $3M In Funding
EcoCart, a climate and sustainability-focused e-commerce enablement startup, announced that it had closed $3 million in seed funding led by Base10 Partners’ Chris Zeoli.
Kohl’s Announces Upsize And Early Tender Results For Cash Tender Offer
Kohl’s Corporation announced the upsize and early tender results for the previously announced cash tender offer for its 9.5 percent Notes due 2025, 4.25 percent Notes due 2025, 4.75 percent Notes due 2023 and 3.25 percent Notes due 2023.
Nike Ranked Most Valuable Apparel Brand For Seventh Consecutive Year
Nike ranked as the world’s most valuable apparel brand for the seventh consecutive year, although its brand value was down 13 percent to US$30.4 billion, according to the Brand Finance Apparel 50 2021 report. Fila was the fastest-growing brand while new entrants Timberland and Converse performed particularly well.
New Balance Announces Sustainability Goals
New Balance announced a range of strategic alliances designed to help support its climate goals and create a healthier planet.
Frasers Group Warns Of £200 Million Pandemic Charge
Frasers Group, the parent of Sports Direct in the U.K. as well as Bob’s Stores and EMS in the U.S., will book a non-cash charge that could exceed £200 million ($274 million) in its 2020-21 results to account for impairment of assets during the latest COVID-19 lockdown.
Race Roster Returns as Title Sponsor Of Running USA Conference
Race Roster will continue its support of the Running USA Industry Conference. The 2022 Running USA Industry Conference will be held in person in February 2022. Event details will be announced in the next few weeks.
Nike’s ‘Satan Shoes’ Lawsuit Ends In Recall
Nike Inc said MSCHF, the Brooklyn-based company that made “Satan Shoes” in collaboration with rapper Lil Nas X, has agreed to voluntarily recall the footwear as part of a legal settlement.
Sneaker Reseller StockX’s Valuation Reaches $3.8 Billion In New Funding Round
StockX LLC said it had notched a $3.8 billion valuation by selling $60 million of new stock and letting some employees sell $195 million of their shares to investors at that price point.
Vibram Announced Executive Leadership Changes
Eric Rosen, a 20-year veteran of Vibram, will retire in April, and in conjunction with his departure, Vibram announces changes to its senior management team.
IBM Consumer Study Points To Potential Recovery Of Retail And Travel Industries
According to the findings of a new global consumer study released by IBM’s Institute for Business Value (IBV), respondents surveyed are mostly confident in the safety, effectiveness, and distribution of the COVID-19 vaccines and indicate a desire to return to ‘normalcy’ after being vaccinated. But different rules, personal preferences, and social norms formed during the last year mean that key industries need to provide more personalized marketing and client experiences to remain competitive and engage successfully with consumers.
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