Latest News – Page 8
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ArticleNike has a new CEO
The Board and John Donahoe have decided that Donahoe will retire from his role as President and CEO from Nike.
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ArticleAdidas to close offices of sports app developer Runtastic in Austria
The closure affects 170 employees as part of the German company’s strategic shift to centralize digital operations.
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ArticleAll For Padel keen on the US
The Adidas license holder for padel will be launching a pickleball collection.
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ArticleFoot Locker starts 50th anniversary by striking the NYSE opening bell
Foot Locker turns 50 and celebrates all through the month of September.
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ArticleUnder Armour revises FY outlook
Due to these expected actions, the Baltimore-based group has revised its FY25 outlook.
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ArticleEuro 2024 – The figures, the fans and the brands
Who were the fans of the Euro 2024 in Germany, how many games did they watch, and what companies did they associate with the tournament? YouGov asked a thousand people.
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ArticleFoot Locker customer prioritizes discretionary spending on footwear
Foot Locker stays on course despite economic challenges, focusing on its loyalty program, expanded brand portfolio, and upcoming mobile app launch.
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ArticleTop three changes in the 2024 Stifel US sneaker survey
Nike, New Balance and Adidas are the most popular sneaker brands in Stifel’s 17th sneaker survey.
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ArticleStars and Stripes: Adidas new Champions League matchballs presented
Returning to a more classic look, but with updated technology, the new Adidas matchball´s for Champions League 2024/25 is here.
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ArticleAnta Sports reports flat H1 operating profit despite 14% sales growth
The Chinese group sees profit and sales growth despite flat margins, driven by strategic retail expansion and strong performance across all brands.
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ArticleThree stripes celebrate 75 years
Adidas celebrates 75 years of innovations in the sports industry. Or is it 100?
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ArticleUkrainian sporting goods market on a rollercoaster ride
The Ukrainian sporting goods market has shrunk considerably due to the war; sales and imports are far below pre-war levels, and recovery is uncertain, even if military orders bolster wholesale.
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ArticleUnder Armour begins rebuilding its ‘House’ amid Q1 loss
With former, longtime Adidas senior executive Eric Liedtke in the fold as EVP of Brand Strategy and the beginnings of $70 to $90 million restructuring underway, Under Armour reported a net loss of $305 million against a profit of $10 million in Q1 ended June 30. Some $274 million in ...
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ArticleTenniscore: How tennis grows by conquering the fashion world
Zendaya is starring in a tennis movie, Louis Vuitton is featuring tennis stars Roger Federer and Rafael Nadal in a campaign, Highsnobiety is releasing a limited tennis capsule with Lacoste, and brands like On are getting into the game. Tennis is making a brilliant comeback!
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ArticleAdidas’ results in step with earlier guidance
The preliminary Q2 results published in mid-July were confirmed with the official figures: The group posted sales growth of 8.9% to €5.82 billion.
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ArticleGrupo SBF turns a profit in Q2, improves key figures
The Brazilian group hit historical net revenue, gross income, Ebitda and net income for the period ended June 30.
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ArticleParis 2024: A powerful symbiosis of openings, product launches, cultural events, mishaps and scandals
By the time the 2024 Summer Olympic Games officially opened in Paris last week, the mega-event had already cast a shadow. For weeks, the events, store openings and product launches of a wide range of players had followed one another like pearls on a string.
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ArticleColumbia reports Q2 loss, but brand awareness rises in Europe
Columbia Sportswear’s guidance for the full year remains unchanged despite a loss in the second quarter.
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ArticleEssilux steps out of line and acquires Supreme, and a med-tech company
The Italian-French group EssilorLuxottica has announced the acquisition of Supreme from VF Corporation. Essilux and streetwear - how do they complement each other? The company also announced the acquisition of the supplier of medical devices Heidelberg Engineering.
