Sportswear
Under Armour appoints new CEO
The Baltimore-based company has announced the appointment of the current President of Marriot International, Stephanie Linnartz, to the role of President and Chief Executive Officer
Nike posts revenue growth
In the second quarter of fiscal 2023, the sportswear giant posted a revenue increase of 17%, year-over-year, driven by discounts and increased promotions to reduce the inventory excess
Foot Locker reconfigures management team
The US-based retailer has shaken up its leadership team to support growth and improve operational efficiency. Andrew Page is to step down from his Chief Financial Officer role
Puma launches shopping app with virtual try-on feature in the UK
After a successful rollout in North America, the Germany-based company launched the new shopping app equipped with a virtual try-on feature in the UK
Foot Locker: high expectations for a future under Dillon's leadership
After a challenging few years, analysts and investors are placing high hopes on the fresh perspective Dillon will bring to the US-based retailer's future, says Sportstextiles.com
Ellen Schmidt-Delvin: we are all looking to Europe to show us the next innovation
Today we are sharing with you an interview with Ellen Schmidt-Delvin, Cofounder and Executive Director, University of Oregon. We have talked with Ellen about traceability, sustainability and innovation and all pressing issues of the footwear industry
Dick's Sporting Goods posts solid performance
The sporting goods retailer has reported a 7.7% net sales increase in the third quarter of 2022, as compared to the same period of last year, deciding to raise the full year outlook in result
Nike launches Web3 platform .Swoosh
The US-based sportswear giant has launched a new web3-enabled platform called .Swoosh. The company intends to make it home to the brand's virtual designs and digital community
Yeezy's partnership termination might impact adidas full year earnings
The German-based giant reduced again its yearly outlook due to the termination of the Yeezy partnership last month over hate speech by its creator, Kanye West, who now goes by Ye
Under Armour lowers full year outlook
The Baltimore-based company has slightly lowered its fiscal 2023 guidance despite reporting second quarter results in line with expectations. Footwear segment was the only one to grow
Gulden officially appointed adidas new CEO
The German-based company appointed the ex-Chief of Puma, Bjørn Gulden, to the role of Chief Executive Officer, effective from the 1st of January 2023
Puma appoints Arne Freundt as new CEO
The company announced that Arne Freundt will take on the role of CEO and Chairman of the Management Board from the 1st of January 2023, succeeding Bjørn Gulden, who decided not to renew his contract
Columbia Sportswear reports strong performance
The US-based company posted a net sales increase of 19% in the third quarter of 2022, driven by the performance of the Sorel and Columbia brands, and confirmed its full year outlook
Puma reiterates full year outlook
On the back of yet another quarterly sales record, the German-based sportswear giant confirmed its outlook for 2022, despite signalling the continued volatility in the market
adidas terminates Yeezy partnership
Under growing pressure to cut ties with the Yeezy founder, Ye, due to a series of antisemitic statements, the sportswear giant has terminated the Yeezy partnership-
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