World Footwear

Sportswear

Puma issues downbeat outlook for 2025

Mar 19, 2025 / Germany
The German sportswear company has posted solid sales growth on a currency-adjusted basis and improved our gross profit margin in 2024. However, this is not enough to offset a pessimistic outlook for 2025

Strong full year performance for 361 Degrees

Mar 19, 2025 / China
The China-based activewear company has reported a strong performance for the full year 2024, with revenue and profits up by 19.6% and 19.5% respectively on the previous year

Swiss sportswear company On delivers strong 2024 results

Mar 10, 2025 / Switzerland
The Swiss-based sportswear company delivered a strong 2024 performance, with double-digit net sales growth across channels, regions and product segments

Foot Locker makes profit in the fourth quarter despite lower sales

Mar 10, 2025 / United States
The US-based sports retailer returned to profit in the fourth quarter of 2024. However, the company’s total sales still fell by 5.8% as compared to the same period of the previous year

Under Armour hires former Estée Lauder executive to lead its AI and analytics efforts

Mar 3, 2025 / United States
The sportswear company has appointed Liz Bacelar, the former executive director of global tech innovation at Estee Lauder, to lead its new artificial intelligence and advanced analytics division

Asics ends 2024 with a strong foothold

Feb 21, 2025 / Japan
The Japan-based sportswear company has reported an 18.9% increase in full year net sales, driven by strong sales across all categories in all major regions and exchange fluctuation rates

Decathlon to open 20 stores in Argentina

Feb 19, 2025 / 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

Premium ContentFeb 17, 2025 / Denmark
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

Jan 29, 2025 / Germany
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

Jan 24, 2025 / Germany
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

Jan 21, 2025 / China
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

Jan 15, 2025 / United Kingdom
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

Jan 9, 2025 / United States
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

Dec 26, 2024 / United States
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

Dec 18, 2024 / United States
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
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