Puma SE reported earnings jumped 40.1 percent in the first quarter as sales improved 15.3 percent and gross margins expanded 80 basis points. Sales in the Americas grew 16.3 percent on a currency-neutral basis. Bjørn Gulden, CEO, said: “The first quarter of 2019 was the...
Puma appointed John Miller as senior vice president, wholesale for Puma North America. Miller will lead both the sales and merchandising functions for the Wholesale division of North America where he will be responsible for providing leadership and strategic guidance across all elements of the...
Modell’s Sporting Goods has officially hired David Stern to the role of executive vice president and chief financial officer. Stern will play an intricate role in strategic planning and growth opportunities for Modell’s while overseeing the finance and information technology departments....
Gildan Activewear reported net earnings dropped 66.6 percent in the first quarter on a decline of 3.6 percent in revenues. The company said results were in line with expectations and the company maintained its adjusted earnings guidance for the year....
Under Armour Inc reported stronger-than-expected first quarter earnings while boosting its full-year earnings guidance, as solid overseas demand offset a fall in North American sales....
China-based sports brand Xtep International Holdings Ltd announced plans to acquire E-Land Footwear USA Holdings Inc., the parent of K-Swiss, for $260 million in an all-cash deal, according to Reuters....
In honor of Earth Day, Columbia Sportswear will match all customer donations made to Planet Water Foundation at its U.S. retail stores on April 22, Earth Day....
Adidas has formed a partnership with Utah Jazz Youth Camps and Clinics. All participants will receive a Jazz/Adidas camp jersey, basketball, socks and Utah Jazz ticket credit....
Foot Locker will open its first “Power Store” in New York City in the Washington Heights neighborhood at 605 W. 181st St. The 25,000-square-foot space is expected to open this fall....
StockX is close to securing a new funding round provides a valuation for the sneaker re-seller website of at least $1 billion, according to a report from Recode....