Williams Trading’s analyst, Sam Poser, in a note stated that proprietary checks confirm that Nike will be closing six additional wholesale accounts: DSW, Urban Outfitters, Shoe Show, Dunham’s Sports, Olympia Sports and Big Five.

Under Armour has closed its Brand House location in Madison, WI. 

Asics selected four startups’ collaboration proposals at its demo day, based on vision and feasibility. The theme for applications for the program was “Sound Mind, Sound Body.” 

The COVID-19 pandemic hit as baseball participation was on the upswing, according to research conducted by the National Sporting Goods Association (NSGA). Initial data to NSGA from 2020 shows overall participation at 11.7 million, which was a 4.5 percent decline from nearly 12.3 million in 2019.

RYU Apparel Inc. signed a two-year agreement to become the official tailored urban athletic apparel of the NFL Alumni Academy.

Nike and H&M are facing a backlash from Chinese state media and e-commerce platforms over historic statements of concern about forced labor in Xinjiang. The backlash comes days after a round of sanctions stoked tensions between Beijing and western governments.

Yue Yuen Industrial (Holdings) Limited reported revenue of US$8,444.9 million in 2020, representing a decrease of 16.4 percent compared with the previous year. The fall in revenue was mostly attributed to the impact of the COVID-19 pandemic.