Sportswear
Swiss brand On reports better-than-expected third quarter results
The sportswear company has reported record third quarter results, driven by a net sales increase of 33.2% on a constant currency basis year-over-year. On has now adjusted its full year guidance
Under Armour reports revenue decline with improved profitability
The US-based sportswear company has increased its gross margin, although this was partially offset by lower revenues in all markets. Fiscal 2025 guidance has been positively revised
adidas reports nine month revenue growth
The German-based sportswear company has raised its guidance for 2024 and now expects 1.2 billion euros in operating profit, driven by sales momentum and disciplined cost management
Puma reports nine month results amid currency headwinds
Currency pressures and higher operating expenses impacted Puma’s 2024 nine-month results. However, the German-based company reaffirmed its guidance on the back of revenue growth in the Americas and DTC performance
Nike appoints new Chief Diversity Equity and Inclusion Officer
The US-based sportswear company has appointed Kizmet Mills as its new Chief Diversity Equity and Inclusion (DEI) Officer. She is the fifth person to hold the role since 2020
Brooks Running reaches 1 billion US dollars in revenue
The US-based running shoe brand reached 1 billion US dollars in sales for the first time in the third quarter, driven by growth in North America, Asia Pacific and European markets
Third quarter update from 361 Degrees
The Chinese-based activewear company has released a third quarter operational update for the third quarter of the year, reporting consistent growth during the period
adidas exceeds expectations with third quarter results
Preliminary results for the third quarter of 2024 show adidas with increased revenue and higher gross and operating margins. As a result, the company raised its full year guidance for the third time in 2023
ISPO Munich teams up with Copenhagen International Fashion Fair
ISPO Munich and the Copenhagen International Fashion Fair (CIFF) have joined forces. For the first time, CIFF will be present at ISPO Munich with a partner stand, allowing for a greater fusion of sport and fashion
JD Sports posts first half sales growth
The UK-based sports retailer has reported an organic sales growth of 6.4% in the first half of fiscal 2025, as compared to the same period of last year. Full year outlook remains unchanged
Nike reports weak first quarter ahead of CEO change
The US-based sportswear giant has reported a sharp fall in revenue and profits in the first quarter of its current fiscal year, ahead of the forthcoming CEO change
Puma appoints new Chief Financial Officer
The German-based sportswear company has appointed Markus Neubrand as its Chief Financial Officer (CFO) and a member of the Management Board. Most recently, he was CFO at Guess
Nike veteran Elliot Hill succeeds John Donahoe at the company’s helm
Amid a broader restructuring, the US sportswear giant has announced that CEO John Donahoe is stepping down from his position and will be succeeded by former senior executive Elliot Hill
Foot Locker returns to sales growth
As its Lace Up Plan continues to make progress, the US-based sports retailer returned to sales growth in the second quarter and reaffirmed its non-GAAP earnings outlook for the full year
Puma appoints Indrajeet Sen as SVP of Group Sourcing
The German-based company has appointed Indrajeet Sen as Senior Vice President of Puma Group Sourcing. He succeeds Chief Sourcing Officer Anne-Laure Descours, who decided not to renew her board contract-
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