World Footwear

Sportswear

adidas confirms data breach following cyberattack

May 29, 2025 / Germany
The German sportswear giant was the victim of a cyberattack targeting its customers’ personal information. However, their credit card or other payment-related data was not accessed

Under Armour reports fourth quarter and full year 2025 results

May 23, 2025 / United States
The Baltimore-based company reported a decline in fourth quarter revenue across geographies and segments, but an increase in gross margin, as it continues to reposition the brand for long-term growth

On reports strong first quarter results

May 19, 2025 / Switzerland
The Swiss sportswear company has reported a strong first quarter, with growth across all channels, regions and segments. As a result, the company has raised its full year net sales outlook

Dick’s Sporting Goods to acquire Foot Locker for 2.4 billion USD

May 16, 2025 / United States
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

Nike shuffles leadership structure

May 14, 2025 / United States
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

Puma profits dip in the first quarter

May 13, 2025 / Germany
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

adidas reports strong first quarter but CEO warns of tariff impact ahead

Apr 30, 2025 / Germany
The German sportswear company has reported a 13% increase in sales in the first quarter, as compared to the same period last year. However, CEO Bjørn Gulden warned of the impact of tariffs ahead

Intersport appoints new CEO

Apr 24, 2025 / Switzerland
The Switzerland-based sporting goods retailer announced that it has appointed Tom Foley as the new Chief Executive Officer, effective from the 1st of July 2025

New North America President at Puma

Apr 16, 2025 / Germany
The sportswear company has announced that Tara McRae will succeed Bob Philion as President of Puma North America, where she will oversee the company’s business in this market

JD Sports cautious on tariff impact as it announces fourth quarter and full year update

Apr 10, 2025 / United Kingdom
The UK-based sportswear retailer has reported a solid fourth quarter and full year performance in its latest trading update. However, it is cautious about the actual impact of tariffs in the current year

On moves to single CEO structure

Apr 8, 2025 / Switzerland
Co-CEO and CFO Martin Hoffmann will assume the sole role of CEO. After 12 years of leadership, the current Co-CEO Marc Maurer has decided to leave On to pursue another opportunity

Former adidas executive Arthur Hoeld named new CEO of Puma

Apr 7, 2025 / Germany
Arne Freundt, Puma’s current CEO, will leave the company due to differing views on strategy execution. Arthur Hoeld, former head of adidas Global Sales, will succeed Freundt at the helm of the company

Nike reports drop in revenue and profits in the third quarter

Apr 2, 2025 / United States
The US-based sportswear company has reported a drop in revenue and profits in the third quarter of the year, as it continues its turnaround strategy to improve long-term profitability

Footasylum reports strong full year results

Mar 28, 2025 / United Kingdom
The British sportswear retailer has reported “another year of record revenue and profit” in the fiscal year 2025, as it continues its digital-first strategy and ongoing store expansion

Puma issues downbeat outlook for 2025

Mar 19, 2025 / Germany
The German sportswear company has posted solid sales growth on a currency-adjusted basis and improved our gross profit margin in 2024. However, this is not enough to offset a pessimistic outlook for 2025
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