Companies
Merrell and Saucony drive growth for Wolverine Worldwide
The US-based outdoor company has reported strong performance in the first quarter, fuelled by double-digit revenue increases for the Merrell and Saucony brands. This highlights the success of its turnaround strategy
Dick’s Sporting Goods to acquire Foot Locker for 2.4 billion USD
Dick’s Sporting Goods has announced that it will acquire Foot Locker for 2.4 billion US dollars. This deal will give Dick’s a major international presence and greater market leverage with brands such as Nike and adidas
Allbirds beats first quarter expectations
The US-based footwear company is confident in its turnaround plans. It delivered a first quarter ahead of expectations and believes it is well positioned to generate “topline momentum” in the second half
Nike shuffles leadership structure
Following Heidi O’Neill’s retirement from her role overseeing consumer, product and brand, the leadership will be divided into three areas. Amy Montagne has been promoted to President of the Nike brand
Tapestry raises full year outlook
The owner of Coach, Kate Spade, and Stuart Weitzman (whose sale is expected to be finalised in the summer) has reported strong performance in the first quarter, raising the outlook for the full year
Grendene gets off to a positive start in 2025
The owner of the Melissa and Ipanema brands posted a positive performance in the first quarter, driven by strong foreign market sales. The company is monitoring the situation with US tariffs, looking for new opportunities
Columbia Sportswear announces first quarter results, withdraws full year outlook
The US-based company reported a satisfactory performance in the first quarter, with growth in all markets except the US and Canada. However, due to uncertainty from global trade policies, it has withdrawn its full year outlook
Puma profits dip in the first quarter
The sportswear company reported a subdued performance in the first quarter, with the adjusted operating profit falling by more than 50% year-on-year due to lower gross profit margins and rising operating expenses
Crocs withdraws full year outlook amid volatile macroeconomic environment
The US-based company, best known for its clogs, has reported “better-than-expected” fist quarter results. However, due to the current macroeconomic environment, it has decided to withdraw its full year outlook
Steve Madden posts modest first quarter and signals cautious approach to the year
The US-based company has reported a modest first quarter performance, withdrawing its full year outlook due to macroeconomic uncertainty surrounding the impact of Trump’s new tariffs. Kurt Geiger acquisition completed
Rocky Brands kicks off 2025 with solid results
The US-based footwear company has reported a strong first quarter and maintained its full year net sales guidance, as it prepares to raise prices due to tariffs
Zalando reiterates full year guidance
The fashion online retailer has reported a strong first quarter with growth in revenue and profits. As a result, it has confirmed its full year outlook despite the challenging macroeconomic environment
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Skechers to be acquired by 3G Capital
The US-based sneaker company has agreed to be taken private by the investment firm 3G Capital in a deal worth 9.42 billion US dollars after nearly three decades as a public company
Strong first quarter for the Prada group
The Italy-based luxury group reported a strong first quarter, with growth in all regions despite a complex macro environment. The Miu Miu brand continues to thrive-
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