Sportswear
Columbia Sportswear posts mixed fourth quarter results
The US-based outdoor company posted mixed results in the fourth quarter, with stronger demand outside the US offsetting continued weakness at home. Higher costs impacted profits
Anta Sports to acquire 29% stake in Puma
The China-based group has announced that it has entered into a purchase agreement with Groupe Artémis, the investment firm of the Pinault family, to acquire a 29.06% stake in Puma for 1.5 billion euros
JD Sports sees improved North America performance in the fourth quarter
The UK-based sportswear retailer has reported an improvement in its largest market, North America, in the fourth quarter, with like-for-like sales returning to year-on-year growth
Under Armour announces executive leadership changes
As part of its transformation strategy, the Baltimore-based sportswear company has appointed Kara Trent as Chief Merchandising Officer and Adam Peake as President of the Americas
Nike quietly offloads its NFT business
The sportswear company finalised the sale of its virtual sneaker subsidiary, RTFKT, to an undisclosed buyer at the end of 2025, quietly marking its exit from the blockchain-based collectibles market
Footasylum to expand across the Gulf region
The UK-based retailer has partnered with Dubai-based Apparel Group in support of its first major expansion into physical retail outside the UK. This move marks the company’s entry into the Gulf market
Puma secures 608 million euros in new financing
The Germany-based company has secured additional financing in the form of a 500-million-euro bridge loan and confirmed credit lines totalling 108 million euros. The aim is to increase overall flexibility and headroom
Nike reports modest gains amid ongoing challenges
Nike has reported modest gains in the second quarter, driven by a recovery in the North American market. However, ongoing weakness in Greater China and pressure tariffs continue to weigh on its overall performance
Nike reshuffles its senior leadership team
Following the elimination of the Chief Technology Officer role, Chief Supply Chain Officer Venky Alagirisamy has been appointed Chief Operating Officer and will now oversee the technology department
JD Sports lowers full year outlook amid challenging market conditions
Despite reporting a solid performance in the third quarter, the UK-based sportswear retailer has lowered its full-year profit outlook in light of recent weak macroeconomic and consumer trends
Under Armour posts weak second quarter
Despite modest international growth and early “signs of brand momentum in North America”, the US-based sportswear group posted a weak second quarter, marked by reduced profitability
Puma’s third quarter results show impact of reset strategy
The German sportswear brand saw a decline in quarterly revenue and margins as it continued its strategic shift, prioritising cleaner distribution and cost control for long-term recovery
adidas reports record third quarter revenue
The Germany-based sportswear company has reported a record-breaking revenue in the third quarter, driven by double-digit growth in footwear and apparel sales and in almost every region
Puma appoints new heads for retail and brand marketing
Following the reorganisation of the brand marketing division, Maria Valdes took on the newly defined role of Vice President of Brand Marketing, while Ronald Reijmers was appointed Vice President of Global Retail
Puma appoints new VP of People and Organization
The Germany-based sportswear company has appointed Thomas John as its new Vice President of People and Organisation, with effect from the 16th of October-
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