New Balance announced plans to close all operations, including owned stores, on Friday in observance of Juneteenth, which takes place on June 19 and commemorates the end of slavery in the United States.

J.C. Penney Co., which filed for bankruptcy last month, won court approval to free up $30 million in Nike products that the sportswear giant had been holding back in a dispute over allegedly unpaid pre-Chapter 11 bills.

The 2020 US Open is set to be played at the USTA Billie Jean King National Tennis Center in Flushing Meadows, NY on its originally scheduled dates of August 31 to September 13 although no fans will be on-site.

The Running Industry Association’s (RIA) has announced the initial brand lineup for its virtual buying show, RIA Kick On-Demand. As of Wednesday, June 17, the show will feature over thirty footwear, apparel and accessory brands including Brooks, Asics, Altra, Nike, and Saucony.

Apex Global Brands, the parent of Hi-Tec, Cherokee and Tony Hawk,  narrowed its loss in the first quarter despite a revenue decline due to the non-renewal of certain license agreements along with the impacts of COVID-19. The company received an extension of its forbearance agreement with its lenders, including a suspension of interest and principal payments.

Converse signed Natasha Cloud, the star guard of the Washington Mystics guard. She becomes the first female basketball player to ever ink a deal with the storied athletic brand.

Retail sales rose dramatically in May as retailers and other businesses closed by the coronavirus pandemic began to reopen, but remained well below spending levels seen during the same period a year ago, the National Retail Federation said.