All Article articles – Page 2

  • JD Sports Fashion
    Article

    Busy summer of sports, soft comps should bolster JD Sports

    2024-03-29T17:35:00Z

    Shares of JD Sports Fashion rose by 15.7 percent on the London Stock Exchange yesterday, closing at £134.50 (€156.85), after the parent of Go Outdoors, Millets and other retail banners predicted improved trading conditions in the months ahead, sparked by the Euro Cup and Paris Games this summer, softer year-over-year ...

  • Anta_Logo
    Article

    Anta Sports’ FY23 operating profit rises 45 percent

    2024-03-28T14:01:00Z

    Anta Sports, bolstered by double-digit sales gains for its Anta and Fila brands, a retail market recovery in China, and increases in both its wholesale and DTC businesses, reported a 45 percent improvement in annual profit attributable to shareholders at 10,954 million yuan renminbi (€1.4bn) for the 12 months ended ...

  • SHEIN_LOGO
    Article

    Shein considers supply chain as a service

    2024-03-28T06:07:00Z

    Shein seeks to package its method of “small-batch, on-demand production” and sell it as a service to other brands and designers. So reads a letter to its investors that the Wall Street Journal (WSJ) says it has reviewed. Although founded in China, the fast-fashion brand now operates out of Singapore, ...

  • 664001
    Article

    DFB’s strategic shift: Adidas to Nike, redefining football apparel’s future

    2024-03-27T14:49:00Z

    Explore the impact of the DFB’s strategic move to change the supplier and the reactions it sparked.

  • _132991331_cross-top-nike
    Article

    Nike addresses backlash over England kit for Euro 2024

    2024-03-25T13:56:00Z

    Nike has responded to the widespread criticism surrounding its controversial England kit design for the upcoming Euro 2024 tournament. The kit modification notably alters England’s traditional St. George’s flag, replacing the customary red and white hues with a combination of red, purple, black, and a purple cross. British Prime Minister ...

  • Nano Textile Solutions - Metamorfish - Sam-Issa-
    Article

    Metamorfish makes customization infinite: “Everyone saw it as science fiction”

    2024-03-25T07:17:00Z

    The problem with a bad fit could soon be over. Metamorfish has created a material with infinite customization possibilities.

  • Nike-mobile
    Article

    Nike posts digital decline for first time in nine years

    2024-03-22T09:17:00Z

    The brand now want to focus on new iterations of its Air technology, investments with its wholesale partners, and better storytelling.

  • lululemonathleticalogovector_470603
    Article

    Lululemon posts strong Q4 results, some Q1 softness in US

    2024-03-22T09:17:00Z

    Lululemon’s operating income increased by 191 percent in Q4 to $913.9 million from $314.4 million for the period ended Dec. 31. Final period net income came in at $669.5 million, and gross margins increased by 430 basis points year-over-year to 59.4 percent. Revenues rose by 16 percent to $3.2 billion ...

  • SBF_Logo
    Article

    Grupo SBF improves key metrics in FY23

    2024-03-21T23:49:00Z

    Brazilian Grupo SBF realized improvement in net debt/Ebitda ratio, inventory level, and cash generation in FY23 as it reported adjusted net profit of 183.5 million Brazilian reais (€33.7m) on a 12 percent increase in revenues to R$8.78 billion (€1.61b) and a 40-basis point improvement in gross margin to 47.4 percent. ...

  • Fila
    Article

    Fila Holdings continues to reshape business model

    2024-03-21T14:35:00Z

    An ongoing recalibration of its sales channels in Korea and further inventory adjustments in the US were the key contributors to an operating loss.

  • Topgolf Callaway_Logo
    Article

    Is Topgolf Callaway on the market? South Korean sources says so

    2024-03-21T07:41:00Z

    Speculation is swirling after a South Korean newspaper suggested that golf behemoth Topgolf Callaway might be up for grabs.

  • 1logan-weaver-lgnwvr-CS9ptdGhE0M-unsplash
    Article

    Boxing equipment market to accelerate at a CAGR of 4% by 2027

    2024-03-20T16:10:00Z

    Factors include youth programs, urbanization, and rising female participation, but face challenges like infrastructure and injuries.

  • france-flag again
    Article

    France’s proposal against fast fashion

    2024-03-19T14:12:00Z

    The administration of French President Emmanuel Macron, founder of the Renaissance party, will support a law proposed by an opposition party to penalize fast fashion. The text in question is no. 2268, “aiming to render fast-fashion out of fashion, thanks to a system of incentives and penalties.” Its proponent is ...

  • Xtep_company_logo
    Article

    Xtep Intl. annual profit hits all-time high

    2024-03-19T10:25:00Z

    The Chinese group Xtep Intl., which took 100 percent ownership in the Saucony and Merrell businesses in China earlier this year, generated 7.9 percent operating income growth in FY23 to 1,579.9 million yuan renminbi (€201.5m) on 10.9 percent annual revenue growth to RMB 14,345.5 million (€1.83bn). The annual gross margin ...

  • Sympatex_Logo
    Article

    Sympatex unveils new more sustainable dying solutions

    2024-03-18T07:18:00Z

    Sympatex is poised to make a significant impact at the upcoming Performance Days event. One of the standout features of Sympatex’s presence at the event will undoubtedly be its collaboration with E.dye, a renowned leader in sustainable textile dyeing solutions. At its apparel booth in Munich, Sympatex will unveil three ...

  • Asics_Logo.svgz
    Article

    Asics announces Festival of running weekend

    2024-03-17T15:47:00Z

    Source: Asics Asics is gearing up to host a one-of-a-kind Festival of Running weekend in Paris from April 5 to 7, 2024, dedicated to showcasing the transformative power of running on the mind and body. The festivities kick off on April 5 with an elite race sanctioned ...

  • 393_SMP-zumiez-logo
    Article

    Zumiez shifts European strategy, reports FY23 loss on lower sales

    2024-03-17T15:42:00Z

    Zumiez, the operator of Blue Tomato stores in Europe, is moving forward with a new strategy for the continent that will focus more on “enhancing the productivity of its existing business” across the region and less on aggressive store expansion, given the associated costs of opening new doors. “With ...

  • Zalando_logo.svgz
    Article

    Zalando wants to cover 15% of the European fashion market

    2024-03-16T10:18:00Z

    Zalando posted lower sales in 2023 but expects to at least stabilize revenues this year and resume growth from 2025. The German online fashion group also outlined its long-term plans to cover 15 percent of the European fashion market. In 2023, the gross merchandise volume (GMV) decreased by 1.1 percent ...

  • On Berlin
    Article

    On opens first store in Germany

    2024-03-15T16:21:00Z

    As part of its global retail expansion, the Swiss brand On opened its first German community store in Berlin on March 15, where customers will have access to a full range of On products. To date, the brand operates 32 stores worldwide and plans to open 15 to 20 new ...

  • Li-Ning_logo.svgz
    Article

    Li Ning considers privatizing sportswear firm amid market challenges

    2024-03-15T12:18:00Z

    Chinese entrepreneur and former Olympic champion Li Ning is reportedly contemplating the privatization of his sportswear firm listed on the Hong Kong stock exchange, according to sources familiar with the matter. The move would add to a series of similar potential deals amid a challenging market landscape. Li founded Li ...