Sportswear
Under Armour reinforces executive team
The US-based sportswear company has strengthened its executive team with the appointment of Yassine Saidi as Chief Product Officer and Kara Trent as President of the Americas region
New President of adidas North America has been announced
adidas has announced John Miller’s return to the company as President of its North America division, effective immediately. He succeeds Rupert Campbell, who left three months ago
Trading update from JD Sports
The UK-based sports retailer has issued a trading update for the 22 weeks to the end of December that is “slightly behind” prior expectations due to weaker consumer demand
Nike cautions against soft demand for the second half of fiscal 2024
The US-based sportswear giant posted a solid performance in the second quarter of fiscal 2024, with profits up by 21% year-over-year, but warned of soft demand for the rest of the year
adidas appoints new Global Human Resources Head
The German-based company has appointed Michelle Robertson as Executive Board member, responsible for Global Human Resources, People and Culture, effective from the 1st of January
Lower sales and profits at Foot Locker
The US-based retailer has reported another fall in sales and profits in the third quarter of the year, deciding to further cut its guidance for 2023 against a backdrop of ongoing consumer uncertainty
Under Armour reports better-than-expected results
The US-based company posted a better-than-expected second quarter performance, but due to the challenges faced in the North American region, it decided to lower its revenue guidance for fiscal 2024
Decathlon launches buyback service in all its UK stores
The sporting goods retailer is expanding its buyback service to all its UK stores. Customers will be given in-store credit for returning products they may have outgrown or no longer use
Puma reports third quarter results
The sportswear company reported a 6.0% currency adjusted growth in the third quarter of 2023, as compared to the same period of last year, and said it is on track to achieve its full year outlook
adidas announces third quarter preliminary results
The German-based sportswear company has raised its guidance for the full year, mainly as a result of the continued positive impact of the sale of the remaining Yeezy inventory
Under Armour names Gap veteran as new Chief Supply Chain Officer
The Baltimore-based sportswear company has named Gap veteran Shawn Curran as its new Chief Supply Chain Officer. He brings over 30 years of experience to the position
Nike announces first quarter results
The US-based sportswear giant reported an increase of 2% on both a reported and currency-neutral basis in the first quarter of fiscal 2024, as compared to the same period of last fiscal year
JD Sports on track to meet full year profit outlook
The UK-based retailer reported in its interim results a strong first half performance, with a 12% year-over-over growth in organic sales, saying it's on track to achieve its full year profit outlook
Dick's Sporting Goods reports a fall in profits
The sporting goods retailer posted a sales growth of 3.6% in the second quarter of 2023, on a comparable basis to the same period of 2022, but saw its profitability fall due to the impact of high stock reductions
John Varvatos joins Under Armour as Chief Design Officer
The US-based company has appointed John Varvatos as Chief Design Officer, effective as of the 11th of September. He had been consulting for Under Armour since earlier this year-
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