Calvin McDonald will step down from the top job at the end of LULU’s fiscal year on Jan. 31, the company revealed before reporting Q3 results, and will be succeeded on an interim basis by CFO Meghan Frank and president and CCO André Maestrini as acting co-CEOs.

Since its Nov. 12 debut, Nike will expand through the teen retailer’s fleet in a planned rollout, Genesco said at the KeyBanc Consumer Conference, with allocations of Vomero and P6000 feeding the retro and running trends.

ManU’s total commercial revenue inched down 1% to £84.2 ($113.8 mm) from £85.3 million in the first fiscal quarter ended Sep. 30, but retail, merchandising, apparel & product licensing increased 11% to £37.2 million ($50.3 mm).

The Permira-owned luxury sneaker brand is nearing a potential €2.5 billion ($2.9 bb) sale to Chinese investment fund, HongShan (HSG), after months of negotiations, according to Bloomberg.

True Sports appointed former NHL goaltender and long-time hockey industry executive Geoff Sarjeant as president, reporting to CEO, chairman, and owner W. Graeme Roustan.

The Indian sportswear and athleisure company received a ₹40 crore ($4.8 mm) investment from Indian cricket star Virat Kohli to accelerate the growth of his lifestyle label One8.