Sportswear
Decathlon to open 20 stores in Argentina
The France-based sporting goods retailer plans to open 20 stores in Argentina by 2026. The move marks Decathlon’s return to Argentina after more than two decades of absence
Nikolai Christensen: MOVV aims to build a loyal community of runners by creating products that bring joy and progress
We spoke to Nikolai Christensen, Founder of MOVV, to learn more about his new minimalist and functional Scandinavian footwear venture. We talked about the company’s mission, challenges and recent initiatives
Puma launches efficiency programme after profit miss
After reporting a full year net income below the previous year’s level and below expectations, the German-based sportswear company has launched a cost-efficiency programme
adidas closes 2024 with strong figures
The German-based company has reported strong preliminary figures for the fourth quarter and full year 2024. Shortly afterwards, news of job cuts as part of a restructuring of its headquarters began to appear in the media
361 Degrees reports e-commerce sales up by 30-35% in the fourth quarter
The China-based activewear company has reported strong fourth quarter figures in its latest trading update. E-commerce sales stand out with 30-35% year-on-year growth
JD Sports cuts full year profit guidance amid challenging market conditions
The UK-based retailer has posted a solid trading update for the third quarter of its fiscal year, but has lowered its full year profit guidance in recognition of challenging and volatile market conditions
Under Armour appoints SVP of global brand and Americas marketing
The US-based sportswear company has appointed Tyler Rutstein, who has previously worked at adidas and Overtime, as its senior vice president of global brand and Americas marketing
Nike reports revenue decline amid strategic repositioning
The US-based sportswear company reported revenue and net income decline in the second quarter. CEO Elliot Hill shared ambitions to refocus on sports to drive long-term growth and shareholder value
Under Armour unveils four-pillar growth strategy
The Baltimore-based company has outlined a four-pillar growth strategy focused on product, story, service and team to realise its long term potential. The outlook for the current fiscal year remains unchanged
Puma launches new creative hub in Germany
The new Studio48 at Puma's headquarters offers designers advanced tools, 3D printing and collaborative spaces to drive innovation in performance and products while enhancing global partnerships
Foot Locker stumbles in the third quarter
The US-based sports retailer has stumbled again in the third quarter of its fiscal year, as total sales fell after the peak of the back-to-school season amid a heightened promotional environment
Nike promotes Treasure Heinle to Chief Human Resources Officer
The sportswear giant has announced that Treasure Heinle, currently Chief Talent Officer, will succeed Monique Matheson as Chief Human Resources Officer. Matheson will retire after 26 years with Nike
Sports goods manufacturer Le Coq Sportif placed in receivership
The French sportswear company that supplied the uniforms for the country’s Olympic team has been placed under judicial reorganisation by the Paris Commercial Court. It is now seeking new financing solutions
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-
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