Duke’s Sporting Goods and H+W Sports, two team-sports retailers based in Kentucky, have decided to merge.
Category: Footwear

Golf Emergency Relief Fund Delivers Over $4 Million In Phase 1 Grants
In the face of overwhelming need from workers across the golf industry suffering hardship due to the COVID-19 pandemic, the Golf Emergency Relief Fund has awarded over $4 million to more than 3,300 individuals seeking assistance during Phase 1 of the initiative. Registration limits were reached within 24 hours after the fund was opened on April 15.

More Than Three Million Athletes Compete In Spartan’s Virtual Race
Spartan succeeded in hosting its biggest event yet in collaboration with World OCR – with more than 40,000 athletes posting results in 24 hours cross the virtual finish lines in more than 100 countries during “Project Unbreakable: The World’s Largest Virtual Race, powered by Rakuten.”

Running Industry Association Announces Virtual Trade Show
The Running Industry Association (RIA) said that due to COVID-19, it is replacing its in-person trade show, scheduled to run in Denver, CO earlier this month, with a virtual show.

The Buckle Suspends Dividend
The Buckle Inc. announced that at its quarterly meeting of the Board of Directors, held on June 1, the Board temporarily suspended the company’s quarterly dividend payments.

Arena Football League Assets Up For Public Auction
An online auction of the assets of the Arena Football League (AFL), which ceased operations and filed for bankruptcy last November, will take place through June 23. Assets include memorabilia, equipment, and intellectual property from five AFL teams: Albany Empire, Atlantic City Blackjacks, Baltimore Brigade, Philadelphia Soul, Washington Valor, as well as the intellectual property of the Columbus Destroyers.

Dick’s SG Swings To Fiscal Q1 Loss As Sales Fall 30 Percent
Dick’s Sporting Goods reported a consolidated net loss of $143.4 million, or $1.71 per diluted share, for the first quarter ended May 2, compared to a net income of $57.5 million, or 61 per diluted share, in the year-ago quarter.

Nike’s CEO Speaks Out Against Racism
John Donahoe, CEO of Nike, sent a memo to employees regarding George Floyd’s death where he said, “Nike is opposed to bigotry” and supports the nationwide peaceful protests.

Outdoor Industry Addresses Racial Injustices On Social Media
The North Face, REI, Patagonia, Merrell and Columbia Sportswear all issued messages of support for those protesting racial injustice.

NRF Chief Economist Said ‘Uncertainty Abounds’ In Predicting Recovery From Coronavirus Pandemic
While the reopening of businesses shut down by the coronavirus pandemic is a significant step forward, it is too soon to say how quickly or smoothly the nation’s economy will recover, National Retail Federation Chief Economist Jack Kleinhenz said.

NRF Issues Statement On Incidents At Retail Stores
In response to the incidents involving retailers following the death of George Floyd, NRF’s President and CEO Matthew Shay said in a statement, “Defacing, looting and plundering businesses, whether viewed as a direct outgrowth of fury or an opportunistic act of vandalism and theft, impedes progress and healing.”

VF’s CEO In Employee Memo Compares Racism To Virus
In a letter sent May 30 to all employees entitled, “Racism is another virus to eradicate,” VF chairman, president and CEO Steve Rendle called George Floyd’s death “tragic” and “stomach-churning” — and likened racism to the coronavirus pandemic.

Columbia Sportswear’s CEO Speaks Out Against Racism
In a letter to employees, Tim Boyle, chairman, president and CEO, of Columbia Sportswear, said the company fully supports “all victims of racism and all who speak out and act against racial injustice.”

L.L.Bean And National Park Foundation Receive 2020 Silver Halo Award
The National Park Foundation (NPF) and L.L.Bean were awarded the 2020 Silver Halo Award winner in the experiential/event category. In 2019, L.L.Bean leveraged its Find Your Park partnership with NPF to bring its S’more out of Summer campaign to life.

Sports Industry Takes A Stand Against Racial Injustice
Nike, Foot Locker Adidas, Brooks, Nordstrom, New Balance, and Under Armour were among the companies in the active lifestyle industry issuing statements and messages appealing for solidarity against racism amid the protests in the U.S. over the death of George Floyd.