Murray State Athletics announced a new multi-year partnership with Nike, serviced by BSN Sports. Murray State joins the BSN Sports Collegiate Select program benefiting all 15 sports programs.
Category: Sports/Fitness
Decathlon’s Debt Ratings Affirmed By S&P Despite COVID-19 Impact
S&P Global Ratings said it expects Decathlon’s sales, earnings and cash generation “will decline sharply” in 2020 versus 2019 due to government COVID-19 lockdown measures that closed the majority of its stores. But the rating agency affirmed its ‘A-2’ short-term rating on the company as it expects the French sporting goods chain’s strong record of 10 percent to 15 percent annual growth to resume in 2022.
The 2020 Boston Marathon Has Been Canceled
The Boston Marathon has been canceled for the first time in its 124-year history. The Boston Athletic Association (B.A.A.) said Thursday that they instead will have a “virtual event” in which participants who verify that they ran 26.2 miles on their own will receive their finisher’s medal.
Foot Locker Supports Student Scholarships
For the ninth consecutive year, the Foot Locker Foundation has awarded $20,000 scholarships to 20 exceptional students.
PickUp Raises Seed Funding
PickUp, a technology platform that helps media companies make sports content more interactive, has raised initial funding in a seed round led by KB Partners, and will launch later this year.
Under Armour Announces Phased Store Reopenings In North America
Under Armour announced details for the phased reopening of its owned stores in North America. The company reopened its first U.S. stores to customers on May 15, and opened additional stores last week. By this Friday, Under Armour will have welcomed customers back to nearly 50 percent of its North America stores.
National Women’s Soccer League Announces Return To Play
The National Women’s Soccer League (NWSL) will return on June 27 with a 25-game tournament, becoming the first United States sports league to return to play.
Peloton Teams With ESPN For First Ever Pro-Athlete All-Star Ride
ESPN will air Peloton’s first-ever All-Star Ride on Saturday, May 30, featuring 16 pro-athlete participants (eight men and eight women) from across the sports landscape, all of whom are current Peloton members. If the participating pro athletes collectively reach an output of 3,000, Peloton will donate one million meals to the Food Bank for New York City.
Hibbett Sports To Open Second Location In Winston-Salem
Hibbett Sports announced a new location will soon be opening in Winston-Salem, its 56th store in North Carolina.
Big 5 Posts Q1 Loss, Sees May Sales Recovering
Big 5 Sporting Goods Corp. reported a loss in the first quarter ended March 30 that came in line with projections provided in late February and said April’s comps tumbled 39 percent due to store closures tied to the pandemic. However, May’s sales and merchandising margins are seeing an uptick as stores reopen.
Nike Announces Retirement Of John Thompson From Board
Nike Inc. announced that John Thompson, Jr., a director of the company since 1991 and legendary coach of the Georgetown University men’s basketball team, has decided to retire.
Golf Retailing Recovering
As the percentage of golf retail stores open to foot traffic continues to increase, a growing number of golfers indicate their concern for visiting physical store locations is subsiding, according to the National Golf Foundation’s latest industry-wide surveys.
Li & Fung Completes Privatization
Li & Fung Limited, the largest sourcing agent in the global apparel business, announced the company will delist from the Hong Kong Stock Exchange at the close of trading on Wednesday, marking the successful completion of its privatization process.
Adidas Partners With Yavapai College
Yavapai College in Prescott, AZ announced that Adidas will be its official uniform apparel and footwear supplier starting on July 1, 2020.
Shawnee State Partners With BSN, Nike
Shawnee State University in Portsmouth, OH entered into a multi-year partnership with Nike through BSN Sports to continue to make Nike the official apparel of SSU Athletics.
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