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Adidas AG reported strong third-quarter results, helped by double-digit sales increases in its performance business and at its urban wear units Adidas Originals and Neo. The company also announced plans to restructure its Reebok brand....

Sheahan succeeds outgoing president Steve Meineke, who will retire in mid-November and remain an active Keen Advisory Council member. As Keen president, Sheahan will “provide leadership across the global organization while breaking new ground to further position the brand at the forefront of the global...

Adidas has hit an important milestone: The German athletic wear maker recaptured the No. 2 sports brand position in the U.S. from rival Under Armour. Matt Powell, a sports industry analyst with research firm NPD Group, shared in a tweet earlier Tuesday that Adidas was...

Puma’s revenues grew 8.3 percent to €994.1 million and increased 8.3 percent on a currency-adjusted basis, according to the quarterly report from its parent, Kering. Kering’s statement said Puma is benefiting from “innovative products and renewed appeal.” ...

REI, an outdoor co-op, opened its fifth flagship store in Washington, D.C. REI ran 100 days of outdoor events this summer in D.C. under the banner “United Outside” to bring people together across the political spectrum....