As part of their multi-year partnership and previously announced commitment to player development and community engagement, BIG3 and Adidas have announced the launch of Young3, a 3-on-3 youth basketball initiative.
Category: Footwear
J.C. Penney CEO Ellison Departs For Lowe’s
J.C. Penney Company Inc. announced that Chairman and CEO Marvin R. Ellison has notified the company of his decision to resign from his role to pursue another opportunity with Lowe’s Companies Inc.
Alpargatas’ Q1 Sales Advance 12 Percent
Alpargatas, the parent of Havaianas, reported net revenue in the first quarter rose 11.7 percent. Net income was down 37.2 percent.
Kohl’s Names Doug Howe Chief Merchandising Officer
Kohl’s announced 30-year retail veteran Doug Howe has been named the company’s chief merchandising officer.
Kohl’s Q1 Earnings Climb 14 Percent
Kohl’s Corp. raised the company’s guidance for the year after reporting first-quarter earnings rose 14 percent on a 3.6 percent same-store gain.
The Running Event Has A New Owner
Oakley Dyer, corporate vice president, strategy & corporate development, Diversified Communications, told SGB Executive, “We always look for industries that have a need for face-to-face interactions for buyers and sellers as well as a need for content and education. The Running Event and Running Insight fit this perfectly.”
U.S.-China Trade War ‘On Hold’ … But Should Companies Remain Wary?
The looming trade war with China that dominated headlines all spring and forced U.S. companies to fear heavy tariffs on their imports is now on hold. But is it really?
Superfeet Opens Mass Customization Footwear Facility
Superfeet Worldwide Inc. has launched the insole maker’s first mass customization footwear facility, Flowbuilt. Superfeet said Flowbuilt is the only USA based full-service footwear manufacturing facility to offer mass-customization through proprietary multi-section injection technology.
Former Academy Sports CEO To Head PetSmart
PetSmart Inc. announced the appointment of J.K. Symancyk, the former CEO of Academy Sports + Outdoors, as chief executive officer.
The Running Event Sold To Diversified Communications
Diversified Communications, a leading exhibition and conferences company with media roots, announced that the company has purchased The Running Event and complementary digital magazine, Running Insight, from Formula 4 Media LLC.
Oofos Renews Xterra America Tour Partnership
Xterra Global LLC, owners and producers of Xterra, announced Oofos will return for its second season as a participating partner of the Xterra America Tour with the launch of the “Oofos Great Descents Series” that highlights the benefits of recovery in an athlete’s journey.
Fleet Feet Opening Tallahassee Location
Fleet Feet announced the acquisition of Capital City Runners, a former running retailer located in Tallahassee, FL out of bankruptcy.
Geaux Run Joins Fleet Feet
Fleet Feet announced that Geaux Run, located in Lafayette, LA., will partner with Fleet Feet as a franchise location.
Nike’s COO Eric Sprunk Urges Montana Grads To ‘Have A Bias For Action’
Standing in as the commencement speaker for the 2018 graduating class of the University of Montana, Eric Sprunk, Nike Inc.’s COO and former UM alum, urged graduates to “be somebody who actually does something,” “continue learning the rest of your life” and “fail forward.”
Macy’s, Dillard’s Lead Department Store Performance In Q1
Department stores have seen diverging performances in the first quarter. Of the stores that reported earnings in the past week, Macy’s and Dillard’s exceeded Wall Street expectations on income and revenue, while Nordstrom improved income and revenue but missed on comparable sales and J.C. Penney stumbled.
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