Yue Yuen’s Sales Climb 4 Percent In June
Yue Yuen Industrial Ltd. reported sales rose 4.2 percent in June to $810.5 million from $777.3 million a year ago.
Deloitte: Back-To-School Spending Expected To Show Modest Gain
According to Deloitte’s annual “Back-to-School Survey,” back-to-school spending is expected to increase 1.8 percent to $27.8 billion, averaging $519 per student in households buying clothing, supplies, computers, and electronics for children in grades K to 12.
OBIT: Athletic Footwear Pioneer Jerry Turner
Jerry Turner, who dramatically transformed the athletic business during his 60-year career, died on Tuesday in Los Angeles, at the age of 84. He led Brooks in the ’60s and ’70s; founded American Sporting Goods, and is credited with inventing the stability running shoe category and bringing EVA to running midsoles.
2019 Boston Marathon Sets All-Time Fundraising Record
Boston Marathon participants who ran on behalf of 297 non-profit organizations raised a record $38.7 million for charity through this year’s race. The fundraising total represents an approximate 6-percent increase, or $2 million, over 2018 results.
Tennessee State Signs New Apparel Deal With Nike Via BSN Sports
The Tennessee State University Department of Athletics has announced a new multi-year agreement with Nike through BSN Sports beginning with the 2019-20 season.
Sports Direct’s Global Head Of Retail Exits
Sports Direct confirmed that Karen Byers, the company’s global head of retail, has left the retailer after 28 years.
Caleres Announces Newly Created International Joint Venture
Caleres will begin to distribute footwear in greater China, including Hong Kong, Macau and Taiwan, through a joint venture with Brand Investment Holding, a member of the Gemkell Group. Naturalizer and Sam Edelman will be the inaugural brands.
Puma Reinforces PR Team For Europe
Puma has reinforced its European PR team by appointing Gudrun Cämmerer as senior manager PR Europe. She previously worked for Safilo Group.
Brooks Signs NCAA Champs
Brooks Running Company said National Collegiate Athletic Association (NCAA) title-holders Allie Ostrander and Karisa Nelson joined the Brooks Beasts Track Club.
Vans US Open Of Surfing To Return To Huntington Beach
The 2019 Vans US Open of Surfing presented by Swatch returns to the southside of the Huntington Beach Pier to host some of the world’s top action sports talent.
Mason Companies Names Jay Berlin President And CEO
Mason Companies Inc., which owns several footwear e-commerce sites including Stoneberry.com and Masseys.com, announced that Jay Berlin, a veteran who formerly led Sportsman’s Guide, has been appointed president and chief executive officer,
JD Sports “Encouraged” By U.S. Progress
JD Sports, in an update on first-half results, said it opened it sixth JD Sports store in the U.S. with the conversion of the former Finish Line location at the Mall of America and also launched e-commerce in the region. Overall on the U.S., JD Sports said, “We remain encouraged by the developments in this market to date.”
Nike Partners With Brighton
Nike has re-upped as the kit supplier to the Premier League club Brighton in a three-year extension.
Umbro Partners With Burnley
Umbro has signed on the replace Puma as the supplier of the Premier League club Burnley in three-year kit deal.
Retailers Hope For End Of Trade War After Trump-Xi G-20 Meeting
The National Retail Federation expressed hope that progress made during talks between President Trump and China’s President Xi Jinping at the G-20 summit in Japan will lead to the end of the two countries’ trade war.
