Protesters burned their Nike shoes and investors sold shares after the Nike launched a campaign featuring Colin Kaepernick, the NFL quarterback who sparked a national controversy by kneeling during the national anthem.
Skechers sued Adidas in federal court this week claiming unfair competition after the brand sent hundreds of thousands of dollars in secret payments to high school and college athletes in return for them wearing Adidas.
Edgewell Personal Care Company announced it has completed the acquisition of Texas-based luxury men's skincare company Jack Black, LLC. The brand was ranked the #1 best-selling men's skincare brand for 2017 by NPD Group.
According to NPD Group's recent research, millennials have slowed their purchasing so much that retail sales for athleisure and e-commerce, which previously showed double digit growth, shrunk to only 4% growth last year.