Sportswear

Under Armour lifts outlook

Aug 6, 2021 / United States

The Baltimore-based sportswear giant has reported unaudited financial results for the second quarter ended on the 30th of June 2021. Revenue was up by 91% to 1.4 billion US dollars. Under Armour has updated its outlook for the fiscal year

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Wolverine buys women’s activewear brand Sweaty Betty

Aug 5, 2021 / United States

The Michigan-based group which counts with a varied portfolio of footwear and lifestyle brands has acquired Sweaty Betty, a global fitness and lifestyle brand. The all-cash transaction is valued at approximately 410 million US dollars

Acquisitions Companies Footwear Sportswear United States

Richard Teyssier is Puma's new General Manager for Europe

Jul 23, 2021 / Germany

Sports giant Puma has appointed Richard Teyssier as General Manager Europe, effective from the 1st of September 2021 onwards. In this role, Richard succeeds Arne Freundt, who was appointed as Puma’s Chief Commercial Officer in June

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Puma sales reach 1.6 billion euros in Q2

Jul 20, 2021 / Germany

The Germany-based sportswear giant has announced currency-adjusted sales in the second quarter of 2021 increasing by 96% to 1 589 million euros. This compares to 831 million euros in similar period in 2020

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Intersport sells The Athlete’s Foot to Arklyz Group

Jul 7, 2021 / Switzerland

Intersport International Corporation (IIC) agreed on a deal to sell 100 percent of The Athlete’s Foot retail & e-commerce network to Arklyz Group AG, owner of Intersocks

Companies Sportswear Switzerland

Study finds 28% of runners started during the pandemic

Jun 14, 2021 / United States

This is according to a survey taken by RunRepeat which included 3.961 current runners to investigate how many began during the pandemic. The survey also aims to analyse some motivations and behaviours of current runners

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Under Armour raises full year outlook

May 28, 2021 / United States

The Baltimore-based sportswear giant has reported first quarter results marked by 35% growth in revenue. Under Armour updated the outlook for the year to reflect the good performance registered so far

Companies Coronavirus - Covid19 Footwear Quarter Results Results Shoes Sportswear Under Armour United States

Skechers wins ninth Footwear Plus Company of the Year award

Mar 1, 2021 / United Kingdom

For the ninth time in the past 15 years, Skechers has been chosen as Company of the Year by Footwear Plus. Skechers Kids also received the Excellence in Children’s Design Award

Awards Companies Footwear Shoes Skechers Sneakers Sportswear United Kingdom

Foot Locker: sales down by 5.7% in 2020

Feb 26, 2021 / United States

The sportswear giant has announced declining sales in 2020. Which did not come as a surprise given the COVID-19 scenario. The company’s Board of Directors approved a 33% boost in its quarterly dividend to 20 cents per share

Brands Companies Coronavirus - Covid19 Foot Locker, Inc. Footwear Quarter Results Results Sales Shoes Sportswear United States

Deckers with first billion-dollar revenue quarter

Feb 22, 2021 / United States

Strong direct to consumer and ecommerce performance have pushed Deckers to a record quarter with its first time billion-dollar quarter revenue

Brands Companies Deckers Footwear Quarter Results Results Shoes Sneakers Sportswear United States

Revenue down by 13.0% at Mizuno

Feb 19, 2021 / Japan

The Osaka-based sportswear company reported revenue down by 13.0% in the first nine months of the current fiscal year. Sales decreased significantly in all regions due to the COVID-19 pandemic

Brands Companies Japan Quarter Results Results Sales Shoes Sneakers Sportswear

adidas to sell Reebok and focus on core brand

Feb 17, 2021 / Germany

As part of the development of its new five-year strategy, the Germany-based group has concluded its assessment of strategic alternatives for Reebok. As a result of the review, adidas has decided to begin a formal process aimed at divesting Reebok

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Under Armour with 15% decline in 2020 revenue

Feb 16, 2021 / United States

The Baltimore-based announced unaudited financial results for the fourth quarter and fiscal year ended on the 31st of December 2020. Revenue was down by 15% in 2020 and by 3% in the last quarter

Brands Companies Coronavirus - Covid19 Footwear Quarter Results Results Shoes Sneakers Sportswear Under Armour United States

Puma named European top employer for 2021

Feb 11, 2021 / Germany

The Germany-based sportswear company has been named Top Employer Europe for the second time in a row. Puma says this award highlights the company's efforts to provide an attractive workplace for its employees

Awards Brands Companies Employment Footwear Germany Management Puma Sneakers Sportswear

Nike GO FlyEase: the hands-free shoe

Feb 8, 2021 / United States

The US-based sportswear giant caused a stir on social media last week with a video presentation of the new Nike GO FlyEase. The latest model presented by Nike is a hands-free shoe

Brands Companies Coronavirus - Covid19 Innovation Nike Sneakers Sportswear United States

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