06 Aug Adidas AG Extends CEO’s Appointment Through July 2026
The Supervisory Board of Adidas AG has extended the appointment of CEO Kasper Rorsted by another five years until July 31, 2026. Kasper Rorsted has...
Author: Andy Polk
06 Aug Wolverine Worldwide Sees Q2 Results Exceed Plan On Online Momentum
Wolverine Worldwide reported sales dropped 39 percent in the second quarter but came in better than expected with a boost from almost triple-digit owned e-commerce...
06 Aug The VF Foundation Announces $7.3 Million In Community Investments
The VF Foundation, the private grantmaking organization funded by VF Corp., announced the recipients of its gifting cycle totaling $7.3 million in investments to 80...
30 Jul Nike To Open Third House Of Innovation In Paris
Nike will open its third House of Innovation at the historic 79 Avenue des Champs-Élysées in Paris. The location will open on July 30. Over four...
30 Jul REI Ranked Best Employer For Women
REI ranked first in Forbes America’s Best Employers For Women list. In its third annual ranking of the best employers for women, Forbes collaborated with market research...
29 Jul Sycamore Positioned To Buy J.C. Penney, To Merge With Belks
J.C. Penney is reportedly close to accepting a $1.75 billion bid from Sycamore Partners to acquire the company in an auction in bankruptcy court. Sycamore...
29 Jul Nike Withdraws Plans For Manufacturing Plant Near Phoenix
Nike Inc. said it is canceling plans to open a plant in Goodyear, AZ, just outside of Phoenix, AZ to make soles for its Nike...
29 Jul Canada Goose Journeys Into Footwear With Strategic Hire
Canada Goose today announced the appointment of Adam Meek to the new role of GM Footwear & Accessories. Meek will lead the development and execution...
29 Jul Sports & Fitness Industry Does Not Expect Full Return In 2020
Seventy-two percent of companies now anticipate that sales will not return to pre-COVID-19 numbers until 2021, and 53 percent report not until Q2 of 2021,...
29 Jul Under Armour Reveals Newest Diversity, Inclusion Efforts
Under Armour Inc. said it will commit to ensuring 12 percent of its employees at the director level or higher are Black by 2023 as...
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