World Footwear

Sportswear

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

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

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

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

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

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

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

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

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

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

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

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

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

JD Sports Fashion to acquire US-based DTLR

Feb 2, 2021 / United States
The UK-based retailer of sports, fashion and outdoor brands, announces it entered into a conditional agreement for the acquisition of 100% of DTLR Villa LLC, a US-based lifestyle retailer with roughly 250 stores in 19 states

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
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