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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 region returned to profitability. Companywide, sales reached ¥106,549 million against ¥85,341 million a year ago. Asics said that despite the effects...

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 from Reuters. On February 16, Adidas AG formally announced plans to divest its underperforming Reebok brand after announcing last December it...

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 had been licensing the Heelys’ brand from Sequential Brands since 2013. The partnership came soon after Sequential Brands acquired the...

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 as a “reimagine for a post-COVID environment” that will downsize its global corporate and Americas regional functions into one location...

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 commitments the company will implement over the next few years. Those commitments include that 100 percent of the top materials...