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Barclays analyst sees peak investor pessimism on Nike, raising the price target to $73 as North America stabilizes and wholesale grows.
The world’s largest contract footwear manufacturer posted a 1.8 percent sales decline to $8.03 billion in fiscal 2025. Weak China retail weighed on results.
Caroline Brown exits after fewer than two years; Chris Goble to lead the outdoor brand with a commercial and product background.
Nike’s new trio of women’s silhouettes fuses athletic DNA with streetwear aesthetics – with Noir releasing March 20.
The London-based ownership group Mercury13 now holds clubs in Italy, England and Spain, backed by Avenue Capital’s $1bn+ sports fund.
The German brand targets daily performance runners with a high-stack, unplated trainer built around a new proprietary midsole foam.
Mike Ashley’s retail group joins Anta Sports as a significant Puma investor as the German brand struggles against Nike, Adidas and On.
Record sales, a stronger product pipeline and a “glocal” operating model suggest the brand is regaining momentum.
Adidas locks in its turnaround architect through 2030 while preparing a major shift in supervisory board leadership.
On Holding lifts sales 30 percent to CHF 3.01 billion. A CHF 173 million FX hit pushes net income lower.
Full-year revenues hit a record €24.8bn as operating profit surges 54% — with more detailed analysis to follow later today.
Cimarron Nix, a nine-year Nike veteran with roots in sourcing and manufacturing, takes the helm after a five-month vacancy.
Adidas Originals is tapping Hollywood cachet to reinforce the cultural standing of one of its oldest franchises.
Puma’s CEO calls HYROX a “lighthouse” partnership while Adidas launches its own hybrid race shoe. The battle for fitness racing’s commercial core is on.
As HYROX expands into one of the fastest-growing formats in global fitness, adidas bets on purpose-built footwear to claim a share of the market.
The three-year extension covers seven regional leagues, two world tournaments, and both men’s and women’s competitions as Kings scales globally.
300,000 jerseys gathering dust. The club needs its sponsor’s green light—but will Nike say yes?
Five sporting goods firms feature in the global ranking of largest companies by sustainable revenue, with Nike at rank 57.
Criminals claim 815,000 rows of data stolen from an Adidas extranet via a martial arts products licensee.
Delhi-based FMCG distributor enters organized sportswear retail by signing MOUs with Skechers, Reebok, Adidas, New Balance and Crocs.