Sportswear retailer Foot Locker announced it is entering India via a dual partnership with Metro Brands and Nykaa Fashion, with the two local distributors looking after the U.S. firm’s offline a…
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Puma appoints new general manager for Japan
German sportswear firm Puma has appointed Ryokusai Inoue to the role of general manager of Puma Japan, effective immediately, reporting directly to Puma CEO, Arne Freundt.…
Nike reshuffles management with new design, marketing appointments
U.S. sportswear giant Nike Inc. announced several leadership changes, including the promotion of John Hoke, a 30-year Nike veteran, to the role of chief innovation officer, effective immediately.…
Puma APAC sales growth slows to 4 percent uptick, A$AP Rocky named creative director of motorsport
Puma said third-quarter sales increased 6 percent currency adjusted to EUR 2.31 billion (USD 2.46 billion), a slowdown in growth compared to the second quarter, with the sportswear giant recording sal…
Nike returns to growth in Greater China, Asia Pacific remains steady
U.S. sportswear giant Nike Inc. said first-quarter revenues increased 2 percent to USD 12.9 billion, on the back of a return to sales growth in Greater China and a slight uptick in Asia Pacific Latin …
Under Armour names new design chief
American sportswear giant Under Armour has announced the appointment of fashion designer John Varvatos to the role of chief design officer at the company, effective September 11.…
Adidas Q2 sales flat on last year, Greater China up 16 percent
German sportswear giant Adidas revealed second quarter revenues were flat versus the prior-year level at EUR 5.34 billion (USD 5.89 billion), as top-line development continued to be impacted by the co…
Puma clocks 11 percent sales uptick on APAC growth including Greater China
German sportswear giant Puma clocked an 11 percent sales increase to EUR 2.12 billion (USD 2.36 billion) for the second quarter, driven by strong growth in EMEA and APAC, including Greater China.…
Nike APAC revenue lift offsets Greater China decline in fiscal 2023
Nike Inc. announced a 10 percent uptick in revenues to USD 51.2 billion for fiscal 2023, on the back of a single-digit increase in Asia Pacific Latin America sales, offsetting a decline in Greater Chi…
Nike reveals several leadership changes
Nike, Inc. has announced a slew of senior leadership changes, as the U.S. giant looks to build upon its momentum as a leading sportswear brand and strengthen its commitment to product innovation.…