More financial news
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News briefsMoody’s downgrades Under Armour to B1
Moody’s lowered Under Armour’s rating to B1, citing slow turnaround progress and macro headwinds, while upgrading liquidity to SGL-2
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News briefsMarquee Brands acquires Stance
Marquee Brands acquires Stance, expanding into performance essentials and opening new opportunities for sportswear and athleisure growth.
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ArticlePuma Q3 2025 sales down 10%; Hoeld wants to return Puma to top three global sports brands
Puma’s Q3 sales drop 10 percent. The new CEO plans to focus on DTC growth, storytelling and 4 core categories.
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ArticleTopsports sales dip amid slower store traffic
Topsports’ H1 sales slipped 6% and net income fell 10% as weaker store traffic offset solid online demand.
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News briefsXtep posts low-single-digit Q3 growth for core brand; Saucony exceeds 20% in China
Xtep posts modest Q3 growth for main brand while Saucony China jumps over 20%, underscoring premium vs. mass-market divergence.
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Article361 Degrees reports 10% Q3 growth in core and kids retail, 20% in e-commerce
The Chinese running, kids and basketball specialist reports growth figures and launches an AI partnership with Standard Robots to drive innovation.
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ArticleLululemon’s stock is being downgraded due to concerns about the US recovery
Needham has lowered its rating on Lululemon to “Hold” from “Buy” and removed its price target.
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News briefsIn 2025, US footwear distributors and retailers expect to pay $2bn in import duties
“That number is tracking now to be about $5 billion at the end of the year,” says Matt Priest, FDRA’s President and CEO.
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ArticleRunning reloaded: These shoe brands race ahead of the rest
The running shoe market is undergoing a shake-up – and lifestyle is becoming a key to success.
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ArticleInditex enjoys a strong start to the autumn/winter season
In the first half ended July 31, Inditex posted sales of €18.4 billion.
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ArticlePerfect Moment secures $6.6m in new financing
The luxury skiwear brand raised new capital through two transactions, securing funding for FY2026 and beyond.
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Case StudyAsics Analysis – A sound brand in a sound company
Asics seems almost unaffected by the current crisis. With the help of Asics documents, we analyze the company’s path to success.
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ArticleFenix Outdoor widens losses in Q2 despite brand growth
Fenix Outdoor posts deeper Q2 losses as global sales slump, despite strong brand momentum and modest growth in Nordic retail.
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News briefsS&P lowers Nike’s rating
S&P believes Nike will require “multiple years to regain the market share lost to both apparel and footwear competitors”.
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ArticleKingmaker swings to a loss, for several reasons
The result marks a sharp turnaround from the HK$20.22 million profit recorded the previous year.
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News briefsNBA’s basketball-related revenue falls short this season
Players with the highest salaries will be suffering the largest pay cuts.
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News briefsLululemon downgraded by Morgan Stanley
The downgrade comes as Lululemon’s shares fell 19.8 percent on Friday, June 6.
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News briefsAccelerated growth for Perfect Moment in fiscal Q4
The luxury skiwear and lifestyle brand expects revenues to increase 3% to $5.0 million in the final fiscal quarter ended March 31.
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ArticleKlarna files for IPO in New York
The Swedish fintech company, valued at €13.6b recently, expects to trade on the New York Stock Exchange under the symbol “KLAR.”
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ArticleZalando’s revenues up 4-9% in 2025
Growth was driven by the ecosystem strategy in both B2C and B2B.
