Report: Puma Targeting Trae Young For Basketball Relaunch
Puma is seeking to endorse Trae Young, expected to be a top-10 pick in the upcoming NBA Draft, as the face of the company’s return to basketball, according to a report from ESPN.
Finish Line Finds New Investor
Odey Asset Management, a London-based hedge fund, has acquired an 8.2 percent stake in The Finish Line, possibly complicating Finish Line’s merger with JD Sports Fashion.
Saucony Appoints Anne Cavassa President
Wolverine World Wide Inc. announced the appointment of Anne Cavassa as president of Saucony, Most recently, Cavassa served as chief customer experience officer and SVP of marketing and apparel for the Brooks Running Company.
Nike To Supply Birmingham Legion Football Club
Birmingham Legion Football Club (FC) announced a partnership with Nike as official supplier for the Magic City’s professional soccer team, set to begin play in 2019.
Macy’s Lifts Guidance On Strong Q1
Macy’s Inc. raised the company’s annual guidance after reporting first-quarter earnings that came in well ahead of Wall Street targets and a 3.9 percent gain in same-store sales.
The Spring Of Nike’s Discontent
March, April and May should be a time for Nike Inc. to focus on promoting new products and growing North American revenue, but this spring the global footwear giant has instead been stumbling over accusations of workplace harassment, which has led to a host of high-profile executive departures
RG Barry Adds to Exec Team
RG Barry Corporation, the maker of lifestyle footwear and accessories under the Dearfoams, Baggallini, and Foot Petals labels, appointed Scott Erdman as president of Baggallini, and Joseph Bean as SVP of e-commerce wholesale.
Boot Barn’s Q4 Earnings Soar
Boot Barn Holdings reported net income more than doubled in the fourth quarter ended March 31 as sales grew 12.1 percent.
Scarpa Relaunches N.A. Website
Scarpa has relaunched the company’s North American website to place a bigger heritage as the company celebrates an 80-year anniversary.
Camber Outdoors Announces OR Summer Market Events
Camber Outdoors has announced its lineup of events during the Outdoor Retailer Summer Market 2018 in Denver, CO. The events are focused on advancing the active-outdoor industries through convening and conversations on equity, inclusion and intersectionality.
North Face Endurance Challenge Series Commits To Reusable Cups
The North Face announced a commitment to eliminate disposable cups for its Endurance Challenge Series events. Hydrapak has been named as the official hydration sponsor of the series and will provide reusable Hydrapak Speedcups to runners.
K-Swiss Promotes Mike Miringoff To VP Of Sales
K-Swiss announced the promotion of Mike Miringoff to VP of sales for the Americas region. Miringoff joined K-Swiss in October of 2016 as global director of tennis.
April Retail Sales Up 2.8 Percent YOY
April retail sales increased 0.4 percent seasonally adjusted over March and 2.8 percent year-over-year as consumers continued to spend, the National Retail Federation said Tuesday. The numbers exclude automobiles, gasoline stations and restaurants.
Vibram Finished Goods Appoints New Sales Agency For New England Territory
Vibram announced the company’s new sales distribution partnership with Matt McClain. McClain will represent Vibram Finished Goods in Vibram’s New England territory.
Clarus Corp. To Expand In Utah
The Governor’s Office of Economic Development (GOED) in Utah announced Clarus Corporation, parent company of Black Diamond Equipment, will expand in Utah over the next eight years, adding up to 147 high-paying jobs, $8.9 million in new state revenue and $40 million in capital investment.
