18 May Report: Authentic Brands Group Makes $1 Billion Bid For Reebok
Authentic Brands Group (ABG) last week submitted an offer of around $1 billion to acquire Reebok from Adidas, according to the New York Post. ABG...
FDRA
13 May Wolverine Worldwide Raises Full-Year Outlook On Strong First-Quarter Results
Wolverine World Wide Inc. lifted its annual guidance after reporting adjusted earnings grew 45 percent in the first quarter on a 16 percent sales gain....
13 May Adidas Supervisory Board Extends Appointment Of Martin Shankland
Adidas’ Supervisory Board extended the appointment of Executive Board member Martin Shankland, responsible for Global Operations, by five years beyond 2022 until 2027. Martin Shankland has...
13 May Asics Sees Q1 Sales Climb 25 Percent
Asics Corporation reported sales rose 24.8 percent in the first quarter. Sales in the North America region rose 20.1 percent on e-commerce gains and the...
06 May Puma Appoints New CFO And Chief Commercial Officer
Puma has appointed Hubert Hinterseher as its new chief financial officer and Arne Freundt as its new chief commercial officer starting June 1. Hinterseher has been with...
06 May Adidas Launches Auction For Reebok
Adidas has launched the auction to sell its Reebok brand with the first round of bids to be submitted next week, according to a report...
29 Apr Heelys Sold To BBC International
Sequential Brands Group Inc. announced that it has closed on the sale of its Heelys brand to BBC International for $11 million in cash proceeds. BBC...
22 Apr Under Armour Downsizes Port Covington Headquarters Plan
Under Armour announced plans to redevelop its waterfront land in South Baltimore’s Port Covington as a global headquarters by 2025. Under Armour described the development...
22 Apr The North Face Announces Environmental Commitments
In honor of Earth Day, The North Face is introducing a new sustainability-focused “vision” it calls “Exploration Without Compromise,” which outlines a series of actionable...
15 Apr Sneaker Reseller StockX’s Valuation Reaches $3.8 Billion In New Funding Round
StockX LLC said it had notched a $3.8 billion valuation by selling $60 million of new stock and letting some employees sell $195 million of...
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