sportswear industry
The Latest
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Just Do It: Nike Gets Kitted Out For Pandemic Baby Boom
Nike's got mothers-to-be covered before, during and after pregnancy, it says. Nike's got mothers-to-be covered before, during and after pregnancy, it says. -
Foot Locker Shares Jump Amid Positive Q2 Earnings Results Preview
Foot Locker shares jumped by more than 7 percent after it hinted at a mostly positive second-quarter earnings report. Foot Locker shares jumped by more than 7 percent after it hinted at a mostly positive second-quarter earnings report. -
Under Armour Receives SEC Notice For Possible Regulatory Action
Under Armour and two of its executives received the SEC notice over allegations of false sales reporting in 2015 and 2016. Under Armour and two of its executives received the SEC notice over allegations of false sales reporting in 2015 and 2016. -
Nike Shares Rally As Fiscal Third-Quarter Sales Beat Top Estimates
The increase in Nike's digital sales managed to offset its poor business in China, which had been heavily affected by the coronavirus epidemic during the first two months of 2020. The increase in Nike's digital sales managed to offset its poor business in China, which had been heavily affected by the coronavirus epidemic during the first two months of 2020. -
Anta Sports Reports 30 Percent Jump In 2019 Net Profits
Anta Sports Products Limited reported record earnings and a massive jump in its net profits last year, thanks to the increasing popularity of its Fila and Anta brands. Anta Sports Products Limited reported record earnings and a massive jump in its net profits last year, thanks to the increasing popularity of its Fila and Anta brands. -
Chinese Sportswear Firm Xtep Forecasts Double-Digit Growth This Year
Xtep expects an increase in demand for its products as Chinese consumers become more health-conscious following the crisis. Xtep expects an increase in demand for its products as Chinese consumers become more health-conscious following the crisis. -
Nike To Close All Stores In US And Several Other Outlets Abroad
Nike will be closing all of its 350 stores in the United States and several others abroad for 12 days starting this Monday. Nike will be closing all of its 350 stores in the United States and several others abroad for 12 days starting this Monday. -
Nike To Pull Out Shoes And Apparel From Amazon
Nike announced that it will be ending its pilot program with Amazon, effectively removing its products from the e-commerce platform. Nike announced that it will be ending its pilot program with Amazon, effectively removing its products from the e-commerce platform. -
Specialty Shoe Trading In China Attracting Regulatory Attention
The popularity of trading special editions of shoes made by global brands has resulted in risky trading activities such as speculative trading, illegal pyramid schemes, illegal fund-raising, and direct or indirect shoe trading. The popularity of trading special editions of shoes made by global brands has resulted in risky trading activities such as speculative trading, illegal pyramid schemes, illegal fund-raising, and direct or indirect shoe trading. -
Under Armour To Replace CEO Amid Slowing Sales And Controversies
Under Armour CEO and founder, Kevin Plank, will be stepping down as the company's head on January 1, 2020. Under Armour CEO and founder, Kevin Plank, will be stepping down as the company's head on January 1, 2020.