World Footwear

Sportswear

JD Sports raises profit forecast

Jan 21, 2021 / United Kingdom
Despite having to deal with many temporary store closures across several territories, JD Sports registered robust demand throughout the second half, including in the months of November and December

JD Sports buys menswear retailer Wellgosh

Jan 11, 2021 / United Kingdom
The British sports-fashion retailer JD Sports acquired the Leicester-based menswear retailer Wellgosh. The financial terms of the transaction were not disclosed yet

adidas to sell Reebok business

Dec 17, 2020 / Germany
In a statement recently issued, the Germany-based company said that as part of the development of its new five-year strategy, adidas has begun to assess strategic alternatives for Reebok

Under Armour and Stephen Curry launch Curry Brand

Dec 9, 2020 / United States
The Baltimore-based sportswear brand in partnership with three-time NBA champion and two-time Most Valuable Player Stephen Curry, announced the creation and launch of the Curry Brand

Under Armour with flat quarter's revenue

Dec 7, 2020 / United States
The Baltimore-based giant has reported third quarter results, marked by flat revenue at 1.4 billion US dollars, driven by growth in the international business and e-commerce

Dick's Sporting Goods announces planned leadership succession

Nov 25, 2020 / United States
The Pittsburgh-headquartered sporting goods retailer announced that Edward W. Stack, Chairman and Chief Executive Officer, will assume the role of Executive Chairman and continue as Chief Merchant, from the 1st of February onwards

adidas talks about strong recovery despite sales plunge

Nov 19, 2020 / Germany
The Germany-based sportswear giant said the third quarter was marked by a strong recovery of the business. In the period under analysis, revenue decreased by 3% in currency-neutral terms. In euro terms, revenue decreased by 7%

Puma’s sales and profitability rebound in the third quarter

Nov 2, 2020 / Germany
The sales of the Germany-based sportswear giant rebounded in the third quarter of 2020 and increased by 13.3%. Notwithstanding, Puma remains cautious for the fourth quarter given the evolution of the COVID-19 pandemic

adidas set to sell Reebok

Oct 29, 2020 / Germany
Fashionnetwork is reporting, based on an article by German Manager Magazin, that adidas is planning to sell its Reebok division

June Ambrose joining Puma as Creative Director

Oct 7, 2020 / Germany
The global sports company announced a new partnership with Creative Director and Iconic Image Maker, June Ambrose. June will help Puma redefine what it means to be stylish in sport making use of her 25+ years of experience creating culture defining moments

Nike's first quarter digital sales up by 82%

Oct 1, 2020 / United States
Nike’s revenue in the first quarter decreased by 1% totalling 10.6 billion US dollars and was flat to prior year on a currency-neutral basis. The sportswear giant reported first quarter digital sales growing by 82%

Puma appoints Johan Kuhlo as General Manager EEMEA Distribution

Oct 1, 2020 / Germany
Johan Kuhlo is currently Head of Corporate Strategy and Investor Relations and will become General Manager EEMEA Distribution with immediate effect. Kuhlo will be based in PUMA’s regional hub in Salzburg and report directly to Arne Freundt, General Manager EMEA

Kerby Jean-Raymond is Reebok’s new VP Creative Direction

Sep 30, 2020 / United States
Reebok announced the appointment of Kerby Jean-Raymond to Vice President, Creative Direction. In this role, Jean-Raymond will provide creative leadership across all design disciplines for Reebok

Kasper Rorsted confirmed as CEO of adidas for more 5 years

Aug 6, 2020 / Germany
The Supervisory Board of adidas AG has extended the appointment of Chief Executive Officer Kasper Rorsted by another five years until the 31st of July 2026. Kasper Rorsted has been a member of the adidas Executive Board and the company's CEO since 2016

DW Sports chain goes into administration

Aug 5, 2020 / United Kingdom
The UK-based chain of gyms and sports retail has confirmed it will enter administration. At risk are 1 700 jobs. Company BDO has been nominated Administrator
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