Stage Stores Announces Expansion Of Off-Price Conversion Strategy
Stage Stores Inc. announced plans to convert an additional 100 stores to Gordmans off-price in 2020, bringing the total number of 2020 off-price conversions to 250.
Caleres And Veronica Beard Announce Exclusive Partnership
Caleres and American ready-to-wear brand Veronica Beard announced an exclusive partnership. Caleres will exclusively produce the Veronica Beard women’s footwear collection, beginning with the spring 2020 season.
Sustainable Apparel Coalition Appoints Amina Razvi As Executive Director
The Sustainable Apparel Coalition, a leading association representing the apparel, footwear and textile industry in sustainability, announced that its board of directors has confirmed the appointment of Amina Razvi as executive director. Razvi has assumed day-to-day leadership of the Coalition and has responsibility for its global operations.
Anta Pre-Announces Significant Gains In First Half
Anta Sports Products Ltd. issued preliminary results for the first half ending June 30 showing that profits from operations are expected to increase not less than 50 percent as sales grew 35 percent.
Nike Countersues Kawhi Leonard Over Logo
Nike has countersued Kawhi Leonard in a dispute over the NBA star’s signature “Klaw” logo.
First L.L.Bean Retail Store In Canada To Open In August
L.L.Bean through a partnership will open its first-ever Canadian retail location in the company’s 107-year history. The 13,000 square foot store is set to open on August 23r in Oakville Place, just outside Toronto, via an exclusive agreement with Jaytex Group, a 40-year old Canadian distributor of brand name outerwear and apparel.
Columbia Sportswear’s Tim Boyle Speaks Out Against Trump Administration’s Immigration Policies
In an internal memo, Tim Boyle, Columbia Sportswear CEO, blasted the Trump administration for its immigration policies, according to The Oregonian.
Decathlon To Open New Store in San Francisco
Decathlon announced that it will be opening another major brick and mortar store in the Bay Area, its third location in the U.S. The newest location be in the Potrero Center shopping mall at the corner of 16th Street and Bryant Street.
Skechers Earnings Surge In Q2
Skechers USA Inc. reported second-quarter earnings jumped 66.0 percent, easily ahead of Wall Street’s targets, as revenues gained 13.7 percent on a currency-neutral basis. The revenue gains were driven by increases of 19.8 percent in the company’s international business and 1.5 percent in its domestic business.
Puma Reported To Be Close To €300 Million Borussia Dortmund Deal
Puma is close to an agreement on a club-record, ten-year deal worth more than €300 million (US$336 million), according to SportBild.
And1 Restores Central City Park In New Orleans
And1’s national Paint the Park initiative, hosted by the footwear and apparel brand’s newest ambassador NBA Star Montrezl Harrell and fueled by Walmart has restored a popular community park in the Central City section of New Orleans.
Fleet Feet And Girls On The Run Announce SoleMates National Partnership
Fleet Feet has signed on as the official retail and sporting goods partner of SoleMates, a Girls on the Run (GOTR) program that empowers adults to achieve fitness and running-related goals while raising money, support, and awareness for Girls on the Run.
Nike Settles Racial Discrimination Lawsuit
Nike has settled a racial discrimination lawsuit initially filed in 2017 by a 15-year company veteran just before the case was heading for trial. Terms of the settlement were not disclosed. A Nike spokesman told Portland Business Journal that lawsuit was resolved to both parties’ satisfaction.”
MLS, Adidas Partner With Germany FA On Academy Goalkeeping Course
Major League Soccer and Adidas announced a new partnership with the German Football Association (DFB) to train MLS academy goalkeeper coaches and goalkeepers through a series of immersive year-long development courses.
NC State Basketball Accused Of Level I NCAA Violations
The NCAA issued a Notice of Allegations against North Carolina State, accusing the Wolfpack of two Level I violations and two Level II violations tied to college basketball’s recruitment scandal.
