Under Armour reached an agreement to replace Adidas as the official outfitter for the Morgan State Athletic Department and its teams starting in 2020.
Category: Footwear

Ross Stores Opens 39 New Locations
Ross Stores announced the recent opening of 30 Ross Dress for Less and 9 dd’s DISCOUNTS stores across 17 different states in October. These new locations complete the company’s store growth plans for fiscal 2020 with the addition of 66 new stores

Academy Sports Announces Offering Of Senior Secured Notes
Academy Sports and Outdoors Inc. announced that its wholly-owned subsidiary, Academy, Ltd., intends to offer $400 million aggregate principal amount of senior secured notes due 2027 in a private offering.

Puma Becomes Kit Partner For Mumbai City FC
Puma announced a strategic long-term partnership with Mumbai City FC to become the official kit partner of the club.

Nike Partners With Seattle Storm To Grow Sport For Girls
The Seattle Storm announced a partnership with Nike, the WNBA and NBA for Season Two of Game Growers, a program for girls 13 years or older in seventh or eighth grade to share their ideas on how to encourage more girls to play sports.

Consumers Prioritize Spending On Family, Friends Ahead Of Holiday Season
Consumers plan to spend $997.79 on gifts, holiday items such as decorations and food, and additional “non-gift” purchases for themselves and their families, according to the annual survey released by the National Retail Federation.

L.L Bean Opens Store In Toronto
L.L Bean opened its fourth store in Canada after marking its entry into the country two years ago. The new store is located in Don Mills in Toronto.

FDRA Survey: Buying Shoes During Holiday Shopping Season; Casual And Athletic Footwear Tops The List
According to FDRA’s 2020 Holiday Shoe Sales Survey, 43 percent of shoppers are most likely to purchase casual shoes this holiday season, followed by 36 percent who will be buying athletic shoes, and 20 percent who are planning to purchase fashion/dress shoes or boots.

Wiivv Wearables Changes Name To FitMyFoot Under New Leadership
Wiivv Wearables Inc. announced plans to transform the company into FitMyFoot, specializing in foot wellness. The new name brings with it the appointment of former Microsoft marketing executive Chris Jolley to CEO and promotion of footwear expert Brett Ritter to president.

Golf Rounds Played Jump Again In September
Golf rounds played rose 25.5 percent for the month of September and are now up 8.7 percent in the year-to-date period, according to Golf Datatech.

Kohl’s Outlines New Strategic Vision With Heightened Focus On Active And Casual Lifestyle
Kohl’s shared the company’s new strategic framework with the investment community, including new initiatives to position the company for long-term success. As part of its strategy, Kohl’s has set a new vision: to be the most trusted retailer of choice for the active and casual lifestyle.

Reports: Adidas Exploring Sale Of Reebok
Adidas is exploring a sale of its Reebok division, according to reports in Germany’s Manager Magazin and Bloomberg.

PGA Show Shifts To Virtual Format In 2021
PGA Golf Exhibitions, in partnership with the PGA of America, announced the shift to an all-virtual format for the 2021 PGA Merchandise Show, to be held January 26-29, 2021.

Black Diamond-Parent Sees Mid-Single Q3 Revenue Gain
Clarus Corp said it expects sales growth for the third quarter to range from 5 percent to 6 percent as triple-digit gains at Sierra Bullets offsets a slight decline at Black Diamond.

Mammut Records Modest Growth In Q3
Conzetta Group’s said its Outdoor segment, which consists entirely of Mammut brand, saw “slight growth” in the third quarter, recovering from declines seen earlier in the year due the pandemic.