"To better support our strategic progress, to increase team member collaboration, as well as ongoing expense discipline, we made the decision to relocate our headquarters to St. Petersburg, Fla.," CEO Mary Dillon said in a statement.
"There are cost efficiencies over time by doing this, but we're going to continue to have a presence in New York to keep connections to basketball and sneaker culture," Dillon told Bloomberg.
[
Collection
]
[
|
...
]