World Footwear

Sportswear

Nike posts solid performance

Dec 22, 2021 / United States
The US-based company reported strong performance in the second quarter of fiscal 2022, driven by sales in the North America region, and amidst ongoing impact of supply chain disruptions

ABG teams up with JD Group to expand Reebok

Dec 21, 2021 / United States
The company has announced a partnership with JD Sports, which will sell the sportswear brand’s products in 2 850 stores and e-commerce platforms across North America and Europe

ABG takes Reebok to India

Dec 20, 2021 / United States
ABG has signed a long-term licensing agreement with ABFRL, confering the Indian company exclusive rights to distribute and sell Reebok products in India, Bangladesh, Bhutan, Maldives, Nepal and Sri Lanka

Sorel and Hoka join responsible packaging movement

Dec 15, 2021 / United States
Launched last year by Columbia Sportswear’s prAna brand, the movement has reached now 100 signatories. The footwear brands Merrell and Saucony had already signed it

Foot Locker launches initiative to tackle social inequalities

Dec 13, 2021 / United States
The US-based footwear retailer has partnered up with Laureus Sport for Good Foundation to launch a multi-country initiative aimed at addressing inequality in underserved communities

SPARC to manage Reebok operations in the US

Dec 10, 2021 / United States
ABG, which will close the acquisition of Rebook next year, has established a partnership with its division SPARC to secure Reebok US’ operation, disclosing the strategy for the brand

Puma increases production in Argentina

Dec 8, 2021 / Argentina
The sportswear giant in Argentina is to invest 4.2 million US dollars in its factory in La Rioja to increase its production capacity to 2.5 million pairs per year

Puma discloses pilot test for biodegradable sneakers

Nov 24, 2021 / Germany
The sportswear giant has developed a sustainable experimental version of its most iconic sneaker, the SUEDE, to address the challenge of waste management in the footwear industry

Foot Locker reports strong performance

Nov 24, 2021 / United States
The retailer announced results for the third quarter of 2021, posting net income of 158 million US dollars. Total sales increased by 3.9%, as compared to the same period of 2020

adidas announces revenue growth slowdown

Nov 17, 2021 / Germany
The sportswear giant has reported that supply chain disruptions and difficult environment in Greater China reduced growth by around 600 million euros in the third quarter of 2021

Wolverine Worldwide announces revenue increase

Nov 12, 2021 / United States
The Michigan-based giant has reported revenue of 636.7 million US dollars in the third quarter of 2021, as compared to the same period of 2020, amidst supply chain disruptions

Moncler and HOKA team up on limited edition

Nov 9, 2021 / United States
The global luxury brand and the performance footwear and apparel brand HOKA, a division of Deckers brands, collaborated to create a limited release of the mountain shoe Mafate Speed 2

Under Armour raises full-year guidance

Nov 5, 2021 / United States
The Baltimore-based sportswear giant has reported unaudited financial results for the third quarter of 2021. Revenue increased by 8%, reaching 1.5 billion US dollars

Deckers reports continued growth

Nov 4, 2021 / United States
In the second quarter of fiscal 2022, the Californian-based group posted revenue growth of 15.8%, reaching 721.9 million US dollars. This result was largely driven by Hoka’s performance

Puma reports sales growth

Nov 2, 2021 / Germany
The German-based sports giant announced sales increase of 20.4% in the third quarter of 2021, reaching 1.9 billion euros, despite the supply chain constraints
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