Latest News – Page 5
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ArticleMoody’s lowers Under Armour’s rating
Moody’s expected a turnaround strategy to boost UA’s operating margin and earnings in 2026.
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ArticleNike promotes loyal servant as Chief Strategy Officer
Nike keeps swapping people in the company. Jennifer Hartley, a 14-year company veteran, is the latest, and the 15th key person in the last nine months.
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ArticleAdidas Q1 2025 results better than expected, sales up 13%
The company’s revenues grew by nearly €700 million and reached €6.153 billion in Q1.
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ArticlePSG’s Hakimi to join Under Armour
Achraf Hakimi joins Under Armour’s expanding list of talented young football athletes across EMEA.
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ArticleArthur Hoeld of Adidas is to be the new Puma CEO
Puma is parting ways with CEO Arne Freundt. These are the reasons.
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ArticleUS President Trump sets ‘reciprocal tariffs’
US tariffs on goods from Vietnam, where much sports manufacturing has moved from China, are more than doubling.
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ArticlePerfect Moment brings F1-speed to the slopes
Luxury ski brand Perfect Moment releases a Formula One-inspired ski collection in collaboration with BWT Alpine Formula One Team.
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ArticleFormer Nike GM becomes Rip Curl’s new CEO
An Aussie returns home. Former Vice President & General Manager of Nike Pacific will work for Rip Curl from now on.
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ArticleNike’s Q3 result $11.3bn, down 9% – Hill: ‘We’re on the right path’
Nike moving with “focus and urgency,” but sets realistic outlook for complete turnaround.
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ArticleAnta Sports’ FY24 operating profit grows nearly 51 percent
The Chinese group realized a 50.7 percent increase in annual operating profit to shareholders at 16,989-million-yuan renminbi (€2.15b) for the 12 months ended Dec. 31.
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ArticleAdidas and Inuteq keep F1 drivers cool with tech filled garments
Together, Adidas and Inuteq have created a jacket and a vest that double the impact of just wearing a cooling vest.
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ArticleAdidas and Bundesliga back in official matchball partnership
After eight seasons, Adidas footballs will return to the pitches of the Bundesliga and Bundesliga 2.
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ArticlePuma replaces Nike as official matchball supplier to Premier League
Already the partner to Serie A in Italy, Puma will start to deliver matchballs to all Premier League games in 2025/26.
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ArticleYue Yuen reports improved FY results on manufacturing rebound
The globe’s largest manufacturer of footwear posted a 47 percent increase in FY24 Ebit to $572.1 million versus $390.2 million for the 12 months ended Dec. 31.
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ArticleOutlook – How Adidas seeks to become a healthy company again
“Making things simpler is the most difficult task we have,” says CEO Bjørn Gulden, but that is not the only challenge Adidas faces.
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ArticleAdidas replaces Nike as Liverpool kit partner for €357m
Adidas and the club will sign a five-year partnership in August to start together in the 2025/26 season.
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ArticleA league of its own: Is Unrivaled the future of women’s sports?
We explore the changes and opportunities of the new women’s basketball league.
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ArticleFoot Locker’s sales rose 2.6% in Q4, modest growth forecast for FY25
The group will do another 300 store refreshes (following 400 in 2024) and 80 additional “Reimagined” doors.
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ArticleAdidas adopts cautious view on FY25; turns Q4 operating profit
Adidas is forecasting an annual operating profit increase of 27-35 percent in 2025.
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ArticleAdidas to sponsor Kings League
The seven-a-side league is starting to get attention from major brands.
