World Footwear

Sportswear

JD Sports announces full year results

Jun 11, 2024 / United Kingdom
The UK-based sportswear retailer has announced its unaudited results for the year 2024, highlighting a strong revenue performance despite a challenging macro environment

Nike job cuts reach Europe

Jun 7, 2024 / United States
The US-based sportswear giant has cut jobs at its European headquarters in the city of Hilversum, just outside Amsterdam, as part of a multi-year cost-cutting plan, said Bloomberg

ABG confirms the acquisition of Champion

Jun 6, 2024 / United States
Authentic Brands Group has further expanded its portfolio by signing a definitive agreement to acquire the Champion Athleticwear brand and business from HanesBrands

Foot Locker reiterates full year outlook

Jun 5, 2024 / United States
Amid its turnaround plan, the US-based sports retailer reported “solid” first quarter results, in line with previous expectations, thus reaffirming its outlook for the full year 2024

Dick’s Sporting Goods raises full year outlook

Jun 4, 2024 / United States
The US-based sporting goods retailer has started the fiscal year on a positive note, with first quarter sales up by 6.2% over the same period of last year. As a result, it has raised its full year outlook

On reports strong first quarter

May 27, 2024 / Switzerland
The sportswear company has reported a strong start to 2024, with a first quarter revenue and net income growth of 20.9% and 106.6%, respectively, as compared to the same period of last year

Puma reaffirms full-year outlook despite soft start

May 15, 2024 / Germany
Despite a sluggish start to the year, with a sales growth of 0.5% year-over-year on a currency-adjusted basis, the German-based sportswear giant has maintained its full-year 2024 outlook

Brooks Running delivers record quarterly revenue

May 14, 2024 / United States
The Seattle-based company has posted “the highest quarterly results” in its history, with first quarter revenue up by 9% on the same period of last year. E-commerce business grew by 22% year-over-year

adidas surprises in the first quarter

May 3, 2024 / Germany
The German-based company had a strong start to the year, beating expectations for sales, gross margin and operating profit. This performance appears to mark a turnaround for adidas after a tough 2023

Nike to cut 740 jobs at Oregon headquarters

May 1, 2024 / United States
The US-based sportswear giant is planning to cut over 700 employees at its world headquarters in Oregon by June. This is the second phase of the layouts announced in February

JD Sports announces acquisition of Hibbett

Apr 26, 2024 / United Kingdom
The British sports retailer has proposed to buy the US sportswear retailer Hibbett for around 1.08 billion USD. The move will allow JD Sports to expand its business in the North American country

Inflation threw a curveball at sportswear spending in 2023

Premium ContentApr 22, 2024 / World
The sportswear segment has proven not to be immune to the effects of inflation, with most of global players seeing their sales slow in 2023. Caution seems to prevail in 2024, but there are signs that consumer spending could pick up later in the year

Another exit at Under Armour

Apr 22, 2024 / United States
Chief People and Administrative Officer Tchernavia Rocker will leave the company on the 1st of June 2024 “for personal reasons”, the Baltimore-based sportswear company said in an SEC filing

Better-than-expected first quarter prompts adidas to raise guidance

Apr 22, 2024 / Germany
The German-based sportswear company has announced better-than-expected figures in its preliminary results for the first quarter of 2024, raising its full-year guidance in result

Puma launches first global campaign in 10 years

Apr 15, 2024 / Germany
The German-based sportswear company has recently launched the “See The Game Like We Do: FOREVER. FASTER.” campaign to reinforce its positioning as “the fastest sports brand” in the world
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