JD Sports To Split Chairman And CEO Roles
JD Sports Fashion said it will split Peter Cowgill’s role as executive chairman and recruit a chief executive over the next year.
Caleres’ Debt Outlook Raised To Positive
Moody’s Investors Service changed Caleres Inc.’s (Caleres) outlook from negative to positive.
Wolverine World Wide’s Debt Ratings Outlook Upgraded
Moody’s Investors Service upgraded Wolverine World Wide Inc.’s debt ratings outlook from negative to stable due to expectations of improved performance and credit metrics in coming quarters.
Adidas Launches Share Buyback Program
Adidas said its Executive Board has decided to launch a share buyback program in the second half of 2021 amid confidence the company’s latest strategy, ‘Own the Game,’ would generate “substantial” cumulative free cash flow over the next five years.
Timberland Partners With ReCircled
Timberland has partnered with ReCircled to support the upcoming launch of its global product take-back program.
Brooks Sets Goal For Zero Carbon Emissions By 2040
Brooks Running outlined its 2030 planet strategy that includes a commitment to achieve net-zero carbon emissions by 2040.
COVID-19 Lockdowns Impact Australian Trade
Kathmandu Holdings Ltd. (NZX/ASX: KMD) (Group) provided the following trading update today following the recent announcement of additional COVID-19 restrictions in New South Wales, Australia.
Skechers Named Official Team Footwear Supplier Of 2021 Solheim Cup
For the first time, Skechers has been named the official footwear supplier of both the European and United States Solheim Cup Teams for the 2021 tournament.
VF Corp Completes Sale Of Occupational Portion Of Work Segment
VF Corporation announced that it has completed the sale of the occupational portion of its Work segment to a subsidiary of Redwood Capital Investments, LLC, a diversified holding company.
EventHub Continues As Expo Management Partner For Running USA Industry Conference
Running USA announced that EventHub would continue as the Expo Management Partner for its Industry Conference to be held at Disney’s Coronado Springs Resort, FL from February 20-22, 2022.
Fleet Feet Promotes Jason Jabaut To COO
Fleet Feet announced the promotion of Jason Jabaut to COO, effective immediately. The move comes as it realigns the organization and formalizes its plan for growth centered around business development, brand awareness and customer retention.
Arc’teryx Opens Store In Santana Row
Arc’teryx opened a brand store in the Santana Row community of San Jose, CA, offering a full selection of its outerwear, packs, climbing gear, hiking and trail running apparel.
Li Ning’s Profits More Than Double In Six Months
Li Ning reported sales of not less than ¥1.8 billion for the six months ending June 30 as compared with that of ¥683.4 for the corresponding period in 2020.
Allbirds Reportedly Files Confidentially For IPO
Allbirds has filed for a confidential IPO, financial and industry sources told WWD.
Nike Exec To Lead Dallas Mavericks
The Dallas Mavericks have reportedly reached an agreement to hire Nico Harrison, a Nike executive driving relations with NBA athletes, as its general manager.
