SGB Update Footwear
BSN Sports To Acquire Eastbay Team Sales Business
BSN Sports announced that it has entered into an agreement to acquire substantially all of the assets of the Eastbay Team Sales business from Foot Locker Retail, Inc., a subsidiary of Foot Locker.
Dick’s Sporting Goods To Close Montgomery Store
Dick’s Sporting Goods announced the closing of its store at EastChase in Montgomery, AL, according to Alabama News.
Rally House Opens Eighth Store In Cleveland Market
Downtown Cleveland gains a new Rally House store in the historic Caxton Building within the Gateway District, its eighth location in the Cleveland area.
True Linkswear Announces National Sales Team
True Linkswear, the golf footwear maker, said it has undergone an extensive expansion of its national sales team and distribution network.
Foot Locker Appoints EVP, Global Lockers And Champs Sports
According to a regulatory filing, Foot Locker, Inc. appointed Andy Gray, formerly EVP and chief commercial officer, as EVP, Global Lockers and Champs Sports.
Allbirds Announces Inclusion In The Russell 3000 Index
Allbirds, Inc. will join the broad-market Russell 3000 Index after the 2022 Russell indexes annual reconstitution, effective after the U.S. market opens on June 27.
Employees At REI’s Berkeley, CA Store Seek To Unionize
Employees working at REI’s Berkeley, CA store have asked the outdoor retailer to recognize their intent to form a union, according to Berkleyside.org; this comes after employees working at REI’s Manhattan store in March voted to create the first union at the co-op.
Gearhead Outfitters To Relocate Fayetteville Store
Gearhead Outfitters will relocate its Fayetteville store from Dickson Street to 101 North Block Avenue in Fayetteville, NC and is expected to open this fall.
Tennis Participation Outpaces All Racquet Sports
With an increase of nearly 5 million players since 2019, tennis participation in the United States is outpacing that of all other racquet sports, according to new analysis from Sports Marketing Surveys.
Nike To Fully Exit Russia
Nike plans to fully exit from Russia following its move three months ago to suspend operations there at the start of the Ukraine invasion, Nike said in an e-mailed statement to Reuters.
JD Sports Outlines Plan To Improve Corporate Governance
J.D. Sports Fashion posted a record annual profit but warned that earnings would remain flat in the current financial year amid inflationary pressures. The retailer also laid out plans to overhaul its corporate governance structure and internal controls after a review led to the exit of long-time boss Peter Cowgill last month.
Blackcrows Names New Global Chief Commercial Officer
Blackcrows, the French freeskiing brand announced that Wanda Rozwadowska would join the company as Global Chief Commercial Officer.
Retail Groups Applaud Uyghur Forced Labor Prevention Act
In a joint statement, the American Apparel & Footwear Association, National Retail Federation, Retail Industry Leaders Association and The United States Fashion Industry Association applauded the implementation of the Uyghur Forced Labor Prevention Act.
Franchise Group Seeks Lower Price To Acquire Kohl’s
Retail holding company Franchise Group is considering lowering its bid for Kohl’s to closer to $50 per share from about $60, a source told CNBC.
EBay Acquires NFT Marketplace, KnownOrigin
EBay, Inc. has acquired KnownOrigin, the non-fungible token (NFT) marketplace. The company said the acquisition is an important step in its “tech-led reimagination.”
