Community – Page 6
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ArticleNike beats expectations as EMEA, North America sales surge and China resists
The Nike group posted better-than-expected results for the fourth quarter ended on May 31, 2021, as sales nearly doubled as compared to a year earlier, when its performance was severely impacted by store closures tied to the Covid-19 pandemic. After the release of higher-than-expected results for the quarter, Nike’s share ...
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Short stops
June 23 Short Stops: Adidas - Atomic – Golf – Gymshark - Macron - Superdry
Corporate: +++ Partnering with Radia for the fulfillment of customers’ orders, Gymshark plans to open its first U.S. distribution center next month in Rialto, California, with other centers due to follow later this year for deliveries to the East Coast Retail: +++ Superdry has ...
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News briefs
Zwift will be the presenting partner of the new women’s Tour de France
Zwift, the global virtual cycling and running training platform, has been named as the presenting partner of the new women’s edition of the Tour de France cycling race, organized by Amaury Sports Organisation (ASO). The inaugural edition of the women’s cycling event, which will be known as the Tour de ...
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News briefs
Nobull was valued at $500m in a recent funding round
Complementing what we reported about Nobull on April 16, Business Insider has reported that this direct-to-consumer athletic footwear brand, founded in Boston by two former Reebok executives in 2015, enjoyed growth of 80 percent in 2020 because of the pandemic and reached a valutation of $500 million through a new ...
