HanesBrands announced that Chief Financial Officer, Barry A. Hytinen, has notified the company of his decision to leave Hanes to accept another career opportunity outside of the apparel industry.…
Australia’s Stylerunner acquired by Accent Group
Australian retail conglomerate Accent Group said it has acquired fellow Australian activewear platform, Stylerunner.…
Australia’s Stylerunner enters administration
Australian activewear brand Stylerunner announced it has entered into voluntary administration, according to local media reports.…
Lululemon reports double-digit revenue growth
Canada’s Lululemon Athletica said net revenue in the first quarter was $782.3 million, an increase of 20%, with strong online growth driving the double-digit gains.…
lululemon to tap into footwear
Lululemon Athletica Inc., best known for its yoga pants and workout gear, is getting into the shoe business.…
Fitbit narrows losses, sales lift on increased devices
U.S. wearable tech company Fitbit Inc. said that first-quarter revenues increased by double-digits, on the back of a surge in devices and smartwatches.…
Guess what’s back in fashion in Korea?
Leggings, which seemed to be going out of style in recent years, are making a comeback as versatile outdoor sportswear – for men and women – that can be worn anywhere, from the golf course…
Lululemon reveals five-year expansion plan
Lululemon Athletica announced its five-year growth plan, which will see the Canadian company double its men’s and digital sales, and quadruple international revenues by 2023.…
Varley lands in Korea
Activewear brand Varley launches in Korea with Bluebell.…
Athleisure and fitness centers on track for further growth in Asia Pacific
A growing awareness of health and wellness is driving Asia Pacific consumers to adopt a more active lifestyle, which in turn is spurring growth in sales of related sporting goods and apparel, along wi…