More Headlines – Page 17
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ArticlePuma keeps aiming high, steals Basketball VP from Nike
Puma is not giving up on challenging Nike and Adidas for the top spot in basketball sales. The company has appointed Archie McEachern as its Vice President of Basketball.
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Article3D-printed Nike Air Max 1000 sells out at launch
Nike steps into a new era with its first fully 3D-printed sneaker, blending heritage design with advanced additive manufacturing.
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ArticleLi Ning posts mixed first-half financial performance
Li Ning’s H1 shows slower growth and profit decline, as weak consumer demand and rising costs weigh on margins and results.
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ArticleGlobe sheds non-strategic brands, all regions contribute to FY25 profit
But Ebit declined by 14.3 percent to A$14.6 million (€8.1m) for the Australian company.
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ArticleAllbirds launches footwear made from manufacturing waste
The US lifestyle footwear brand introduces new shoes made with recycled foam and textiles, highlighting sustainability through industry-first partnerships.
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ArticleXtep Intl. operating profit up 9.1 percent in H1
Chinese sporting goods group Xtep lifted its half-year profit on stronger demand for Saucony and Merrell, offsetting margin pressure at its core Xtep brand.
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ArticleAsics and Salomon are the fastest-growing sneaker brands
StockX’s midyear trend report has Asics and Salomon among the fastest-growing sneaker brands and sees triple-digit sales growth for trading cards.
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ArticleNBA approves record $6.1bn sale of Boston Celtics
The Boston Celtics will change hands in a record-breaking deal as Bill Chisholm’s consortium takes majority control, with full ownership expected by 2028.
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ArticleForecast raised: Salomon boosts Amer Sports in Q2
Strong second quarter for Amer Sports: Wilson, Salomon and Arc’teryx are driving sales, margins and profits. The sporting goods manufacturer is also raising its annual forecast.
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ArticleSportsShoes.com posts record £93.3m revenue
The UK-based online running and outdoor retailer reported record turnover, stronger earnings and over 670,000 new customers in FY2025.
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ArticleBjörn Borg achieved record sales in Q2
With sales up 6% in Q2 2025, Björn Borg records its strongest second-quarter revenue to date, with growth led by sports apparel.
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ArticleMisto lifts profits after US Fila wind-down
Strong gains at Acushnet and cost reductions in North America helped the Fila parent boost net income by 54% in the second quarter.
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ArticlePerfect Moment posts strong Q1 with record margins
The British luxury skiwear brand reported a major gross margin expansion in its seasonally weakest quarter, driven by new revenue and channel strategies.
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ArticleSneakersnstuff returns with former CEO: New owners have ‘long-term vision and commitment’
Following its bankruptcy in January 2025, classic sneaker retailer Sneakersnstuff (SNS), which three years ago had annual sales of €100 million, gained a new owner in German investment company Reziprok. The company contacted one of SNS’s founders, Erik Manzano Fagerlind (of Sweden), and asked if he wanted to return to the company he started with Peter Jansson in Stockholm in 1999. He did.
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ArticleBrooks Running hits new quarterly high with 19% sales growth
Brooks Running reports a strong quarter with 19% growth: the brand saw particular growth in Asia, Europe and the premium segment.
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ArticlePeloton’s FY25 shows smaller loss, lower debt
Peloton closed fiscal 2025 with revenue and margins above guidance, narrowing its annual loss as it launches a new restructuring plan to cut costs.
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ArticleGrupo SBF makes investments in Centauro, Fisia
Brazil’s Grupo SBF posted higher Q2 revenues across its banners, but profits fell as the company ramped up investments in Centauro and Nike distributor Fisia.
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ArticleOnitsuka Tiger and Sportstyle drive Asics to half-year record
Asics is growing rapidly: Onitsuka Tiger and Sportstyle are driving sales and margins to record levels.
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ArticleGildan, HanesBrands to merge, if shareholders approve
Gildan seeks to acquire HanesBrands and hopes to achieve cost synergies worth $200m three years out.
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ArticleReturn to fitness through return to competition?
The Trump administration is reviving the Presidential Physical Fitness Test and Award for US schoolchildren.
