United States
Columbia Sportswear posts mixed fourth quarter results
The US-based outdoor company posted mixed results in the fourth quarter, with stronger demand outside the US offsetting continued weakness at home. Higher costs impacted profits
Deckers’ momentum continues
The California-based company has reported another strong quarterly performance, fuelled by the success of its flagship brands, Ugg and Hoka. Its full-year outlook has been revised upwards
US and India reach deal to reduce tariffs to 18%
US President Donald Trump announced a trade deal with India, which will see tariffs on Indian goods cut from from 50% to 18%, linking the move to India halting Russian oil purchases and lowering trade barriers
Genesco announces CFO transition
The US-based footwear company has announced that its current Chief Financial Officer, Sandra Harris, will leave the company on the 6th of March to pursue other opportunities
Capri Holdings reports third quarter results
The US-based group reported a year-on-year decline in revenue in the third quarter, alongside a increase in net income fuelled by balance sheet improvements. Underlying profitability remains under pressure
VF Corp reports modest growth in the third quarter as turnaround progresses
The US-based company has reported modest revenue growth in the third quarter, supported by improved performance in the Americas region and a return to growth in its direct-to-consumer channel
Genesco plans to upgrade its information technology operations
The Nashville-based footwear company has announced plans to upgrade its IT operations as part of its long-term strategy to improve operational efficiencies across the business
Authentic closes Guess acquisition
Authentic Brands Group has completed the acquisition of a 51% stake in Guess’s intellectual property (IP), making Guess the second-largest brand in its portfolio after Reebok
Trump backs down on Greenland tariff threat
The US has cancelled its threat to impose tariffs on eight European countries in an effort to push for US control of Greenland, following talks with NATO Secretary General Mark Rutte
Under Armour announces executive leadership changes
As part of its transformation strategy, the Baltimore-based sportswear company has appointed Kara Trent as Chief Merchandising Officer and Adam Peake as President of the Americas
US threatens tariff hikes on eight European countries over Greenland dispute
President Donald Trump announced that the US plans to impose additional tariffs on imports from eight European countries, citing a dispute over Greenland as the reason
JD Sports to enable direct purchases through AI platforms
The sportswear retailer has announced that its US customers will be able to use AI platforms to search for and purchase sports footwear, apparel, and accessories without having to leave the interfaces
Genesco lifts full year adjusted earnings outlook on strong holiday sales
The Nashville-based footwear company has increased its full-year adjusted earnings forecast after achieving strong comparable sales during the holiday season
Saks Global files for Chapter 11 protection
Saks Global, the owner of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, has filed for bankruptcy protection while it works to reduce its substantial debt
Nike quietly offloads its NFT business
The sportswear company finalised the sale of its virtual sneaker subsidiary, RTFKT, to an undisclosed buyer at the end of 2025, quietly marking its exit from the blockchain-based collectibles market-
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