According to a recent survey of nearly 400 endurance event professionals from Running USA, 67 percent expect to need additional funding to support their events beyond the Paycheck Protection Program (PPP).
Category: Footwear
Hunter Boots CEO Exits Amid Strategic Review
Hunter Boots announced that CEO Vincent Wauters will step down “by mutual agreement” at the end of July to pursue new opportunities. His exit comes as Hunter begins a strategic review. Wauters joined Hunter in 2016 from Arc’teryx, where he was president.
MLS To Return July 8
Major League Soccer (MLS) announced the league’s plan to restart the 2020 season with all 26 clubs competing in the MLS is Back Tournament at ESPN Wide World of Sports Complex at Walt Disney World Resort in Florida beginning July 8.
Outdoor Retailer Introduces Outdoor Retailer Online This Summer
Outdoor Retailer has launched a new Outdoor Retailer Online platform in the wake of the cancellation of Outdoor Retailer Summer Market due to COVID-19. An online, three-day outdoor business, networking, and educational event will run from July 21-23, 2020.
Merrell Appoints Chief Marketing Officer
Merrell, a division of Wolverine World Wide, Inc., announced the appointment of Janice Tennant to the position of chief marketing officer, reporting directly to Merrell’s global brand president, Chris Hufnagel. She was formerly chief marketing officer for Cat Footwear.
CrossFit’s Founder Resigns Following Comments On George Floyd
Greg Glassman, founder and CEO of CrossFit, is stepping down in the wake of making numerous insensitive comments about the death of George Floyd. Dave Castro, the director of the CrossFit Games and co-director of training, will assume the CEO role.
USTA To Cut 110 Jobs, Close New York Headquarters
The USTA (U.S. Tennis Association) announced plans to lay off 110 employees and close its White Plains, NY Office as part of a restructuring in the wake of COVID-19.
Adidas Commits To Hiring More Black And Latino Employees
Adidas, facing calls for greater diversity within its ranks, announced plans to invest $20 million in black communities, support university scholarships for black employees and increase the number of black and Latino hires at its North American headquarters.
Pandemic’s Impact On Imports Easing
The impact of COVID-19 at major U.S. retail container ports appears to be easing slightly with projected imports remaining below last year’s levels but not as much as previously forecast, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Plattsburgh State Partners With BSN Sports, Nike
The Plattsburgh State Department of Intercollegiate Athletics and Recreation in upstate New York has entered into a five-year partnership with Nike brand through BSN Sports.
Macy’s Logs Q1 Loss Of $652 Million
Macy’s Inc. said it expects to report a steep loss for the first quarter but it was in line with expectations. The leading department store chain also indicated that re-opened stores are outperforming expectations.
Genesco’s Q1 Sales Tumble 44 Percent
Genesco Inc., the parent of Journeys, reported a steep loss in the first quarter that included an impairment charge for Schuh. Sales tumbled 44 percent in the first quarter with stores closed starting in mid-March. The loss of sales due to store closures was partly offset by triple-digit e-commerce comp gain for the month of April and 64 percent comp growth for the first quarter.
Nike Signs Norwegian Women’s Soccer Star
Nike has signed Norwegian striker Ada Hegerberg to a 10-year endorsement deal. The 24 years-old, already the UEFA Champions League career goals leader, had been with Puma.
Active Industry Steps Up With Donations To Racial Justice Causes
Peloton, Puma, Lululemon and a number of other brands in the active lifestyle space in recent days have announced financial contributions to address racial inequity in the wake of George Floyd’s death that has led to protests across the country.
Crocs Announces New European Distribution Center
Crocs announced that construction has begun on its largest distribution center in Europe to be located in Dordrecht, the Netherlands.
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