adidas announced that its Supervisory Board extended the appointment of Kasper Rorsted as the executive chief for another five years. His contract, which was set to expire on August 1, 2021, will now end on July 31, 2026. Chairman of the Supervisory Board Igor Landau said that the outbreak of the corona pandemic posed major challenges for adidas and the management team under the leadership of Kasper Rorsted succeeded in steering adidas and its employees healthily and safely through this unprecedented crisis.

Reebok is launching the "First Pitch" initiative, a digital platform that will let consumers decide if certain sneakers should enter production, aimed to minimize waste and combat the industry’s rapidly-growing environmental footprint. "First Pitch arrives at a time when the industry is at a unique but critical junction, where consumers are demanding great digital experiences that also enable them to make more-mindful and considerate purchasing decisions," Reebok Global Head of Digital Matt Blonder said in a statement.