New Balance to Open Missouri Distribution Center
New Balance Athletics opened a 165,000-square-foot distribution center in Earth City, MO to support its growing e-commerce business.
Kering Reiterates Puma Not for Sale
Kering chairman and chief executive François-Henri Pinault told the Financial Times that Puma was not for sale for the time being, saying the company plans to hold on to its majority stake until at least 2018.
Macy’s CEO Terry Lundgren to Step Down in 2017
Macy’s, Inc. announced that Terry J. Lundgren, the company’s CEO since 2003 and chairman since 2004, will transition the position of CEO to Jeff Gennette in the first quarter of 2017.
Pro Compression Signs Elite Runner Stephanie Bruce
Pro Compression, the compression sock manufacturer, announced that professional runner, Stephanie Bruce, will join the team as a brand ambassador.
Reebok and J.J. Watt Release Teased Signature Shoe
What was originally teased as a signature logo turned into a signature shoe launch as Reebok and J.J. Watt came out with a training shoe that taps on input from the three-time defensive player of the year.
CEP Welcomes Running Champ Known for her Creative Style to its Team
CEP and ITEM m6, leaders in compression technology, welcomed Maggie Vessey, champion American middle distance runner, to their team of athletes.
Amer Sports Releases Second Corporate Responsibility Report
Amer Sports, which owns the Salomon, Wilson, Atomic, Arc’teryx, Suunto, Precor, Louisville Slugger and other sporting goods brands, released its second annual corporate responsibility report summing up initiatives and results taken in 2015.
Top Golfer Withdraws from Rio Olympics as Sport Returns After 112-Year Absence
Professional golfer Rory McIlroy issued a statement saying he will not participate in the 2016 Rio Olympics, citing the Zika scare as his reason for withdrawing.
Tecnica Group USA to Make a Switch at CEO
Tecnica Group USA announced that Chris Licata will succeed Peter Weaver as CEO following Weaver’s retirement, effective September 6, 2016.
Hoka One One Nationals to Kick Off Cross Country Season
Hoka One One, a division of Deckers Brands, will kick off high school cross country season with its Postal Nationals competition returning in Aug. 2016.
Adidas Signs Five Top Picks in 2016 NBA Draft
Adidas signed five of the projected top picks in the upcoming NBA draft. The players are: Brandon Ingram, Jaylen Brown, Jamal Murray, Dragan Bender and Kris Dunn.
Running USA Adds Board Members
Running USA, the national non-profit trade organization for running events and businesses, added eight new members to the Running USA Board of Directors.
Wolverine Commends Michigan Delegation for Supporting American-made Athletic Footwear Bill
Wolverine Worldwide commended members of Michigan’s Congressional delegation for their support ensuring military recruits will have access to high-quality, American-made athletic footwear for training.
Golden Gate Capital On Course to Take Control of PacSun
With no additional bids for the business, Pacific Sunwear of California, Inc. (PacSun) cancelled its scheduled June 22 auction, paving the way for Golden Gate Capital to take ownership of the company.
Foot Locker Premieres Ben Simmons Spots
Foot Locker, Inc. the New York-based specialty athletic retailer, launched two 30-second commercials featuring top Draft prospect Ben Simmons.
