All Article articles – Page 5
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ArticleLycra opens its largest spandex plant, in China
The Lycra Company has opened its largest spandex factory in Ningxia Province, China, representing a €90 million investment to meet rising demand in the Asia-Pacific region.
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ArticleYue Yuen faces margin pressure despite higher deliveries
Yue Yuen shipped more shoes but saw net profit fall 16 percent as rising wages and China’s weak retail sector hit earnings in the first nine months of 2025.
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ArticleGoldman buys Excel Sports for ~$1bn
Goldman Sachs agrees to buy majority stake in Excel Sports, the agency representing Caitlin Clark, Tiger Woods and Derek Jeter, in a deal worth close to $1bn.
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ArticleFIFA launches peace prize
FIFA has launched the “FIFA Peace Prize – Football Unites the World,” an annual award honouring individuals for their commitment to peace and unity.
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ArticleAsics achieves record sales and profits in Q3
The Japanese running shoe brand hit record sales of ¥625 billion and managed a 39.4 percent profit jump in the first nine months of 2025.
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ArticlePuma revives owned media play
The sports brand’s magazine revival reflects the industry’s rethinking of content distribution and audience ownership in an era of platform volatility.
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ArticleNike partners with Loop Industries for circular polyester
Nike will become anchor customer for Loop Industries’ Twist resin, securing a multi-year deal for textile-to-textile recycling in its supply chain.
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ArticleXponential Fitness appoints Chief Legal Officer
Xponential Fitness Inc. (NYSE: XPOF) has appointed Gavin M. O’Connor Chief Legal Counsel & Administrative Officer. He will take charge on Nov. 14.
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ArticleVF sells Dickies to Bluestar for $600m
VF Corporation has completed the sale of its Dickies brand to Bluestar Alliance LLC for $600 million in cash, aiming to sharpen its focus on core outdoor and active assets.
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ArticleColumbia Sportswear names Co-Presidents
Columbia Sportswear Company promoted longtime legal and business executive Peter J. Bragdon and brand strategist Joseph P. Boyle to Co-Presidents on Nov. 12.
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ArticleUnion Binding Company launches its first snowboard boot
Union Binding Company has launched its first snowboard boot, the Reset Pro, through its new Union Boot Division, based in Italy’s technical footwear district.
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ArticleChampion enters fragrance market
Revlon and Authentic Brands Group have announced a global fragrance license for Champion, the sportswear brand making its first move into the beauty category.
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ArticleItaly enforces helmet rule for all skiers
From Nov. 1, Italy will require all snow sports participants to wear CE-certified helmets, tightening slope safety ahead of the Milano Cortina 2026 Olympics.
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ArticleJD Sports CEO awarded €5m share package
Under a new long-term incentive plan, JD Sports Fashion has granted CEO Régis Schultz and CFO Dominic Platt share awards worth up to €6.7 million.
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ArticleNBA details European league plans
The NBA has revealed details of its planned European league, including a play-in system for four teams and potential tournaments with US-based NBA teams.
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ArticleAnnual forecast raised: On Holding achieves another record quarter
Swiss brand On Holding has posted record €825m sales for Q3 FY25, up 25 percent year-on-year, far outpacing rivals like Adidas and Puma in growth momentum.
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ArticleBuffett to step down at Berkshire in early 2026
In his annual letter, Warren Buffett says he will step aside “at the start of 2026” and indicates co-CEOs Ajit Jain and Greg Abel as successors at Berkshire Hathaway.
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ArticlePuma revamps US licensing model
Puma is shifting its US sock and underwear business to a new licensing model with United Legwear & Apparel Co. (ULAC), aligning operations under one global partner.
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ArticleFootasylum taps Mad Agency for Germany and Austria expansion
Footasylum has appointed Cologne-based Mad Agency as its exclusive sales partner to grow distribution of its private labels in Germany and Austria as of this month.
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ArticleTaiwan leads global shift to sustainable textiles
The RECODE 2050 Showcase in Taipei spotlighted Taiwan’s leadership in sustainable textile innovation, with clear implications for global sportswear supply chains.
