NRF: California Privacy Law “Deeply Flawed”

The National Retail Federation called new state privacy legislation expected to be signed into law in California Friday “deeply flawed” and said customer service could be severely hampered if the legislature fails to address retailers’ concerns before the measure takes effect in 2020.

Nike’s Shares Pop On U.S. Recovery

Shares of Nike Inc. shot up $8.00, or 11.2 percent, to $79.70 to surpass an all-time high as the sports leader saw growth for the first time in four quarters in the U.S. The gains were boosted by the success of several break-through product launches and the payback of investments in direct-to-consumer and digital engagement.

Nike CEO Mark Parker On Company’s Digital Progress

Nike Inc.’s impressive fourth quarter saw balanced growth across regions and divisions, but the company’s digital gains were especially notable. A jump in digital sales was the result of an increased emphasis on platforms and not just products, according to CEO Mark Parker.

Aisle Talk Week Of June 25

Top headlines from the active lifestyle industry you may have missed this week, including Adidas announcing a potential data security incident.

Report: MLB May Relax Footwear Restrictions

According to Yahoo Sports, MLB and the MLB Players Association are in the midst of negotiating changes to the footwear policy “that would relax the restrictions on colors and designs players can use on their cleats.”   

Adidas Announces Data Breach

Adidas announced that the company is alerting certain consumers who purchased on Adidas.com/US about a potential data security incident.

Pearl Izumi Reveals Social Purpose Statement

Pearl Izumi announced that the company has embraced a new Social Purpose statement: “Ride More and Do More.” The brand also plans to introduce eco-friendly hangtags, will no longer print product catalogs and is introducing a Renewal Workshop program to repair and resell Pearl Izumi merchandise.