Breaking: Arne Freundt Takes Reins Of Puma SE
The Supervisory Board of Puma SE has decided that Arne Freundt, Puma’s chief commercial officer, will become chairman of its Management Board and CEO of...
09 November, 2022
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Allbirds Sees 16 Percent Growth In Q3
Allbirds, Inc. maintained its outlook for the year as sales and losses in the third quarter ended September 30 came in ahead of Wall Street’s...
09 November, 2022
Adidas Makes It Official With Gulden’s CEO Appointment
Adidas AG reported that Bjørn Gulden, Puma’s CEO, will be appointed as a member of the executive board and CEO of Adidas AG, effective January 1,...
09 November, 2022
Nike Suspends Relationship With Kyrie Irving
Nike suspended its ties with Brooklyn Nets star Kyrie Irving and canceled his line of shoes following his promotion on social media of an anti-semitic...
09 November, 2022
EXEC: Hoka Delivers Another Powerhouse Performance For Deckers Brands
Deckers Brands said Ugg saw a solid performance in the fiscal second quarter ending September 30, continuing to benefit from progress diversifying beyond classics. However,...
03 November, 2022
Crocs Lifts Guidance As Q3 Results Beat Plan
Crocs Inc. raised its outlook for the year after reporting third-quarter earnings and sales topped guidance. “Our exceptional third quarter results, including record revenue and industry-leading...
03 November, 2022
Under Armour Slightly Lowers Full Year Outlook
Under Armour Inc. slightly reduced its EPS and sales guidance for the year despite reporting fiscal second-quarter results that were in line with company expectations...
03 November, 2022
Adidas Ends Partnership With Kanye West
Adidas said on Tuesday that it is ending its partnership with Ye, formerly known as Kanye West, after the rapper made antisemitic remarks. Adidas said the...
25 October, 2022
Lacoste Names Deputy CEO
Lacoste promoted Catherine Spindler to deputy chief executive officer. Spindle joined Lacoste as chief brand officer in 2019. Spindle is responsible for strengthening the brand’s identity through its...
25 October, 2022
Cowen Survey: Nike, Lululemon and Dick’s SG Seize Share With Younger Consumers
According to Cowen’s Fifth Annual proprietary Gen Z and Millennial survey, Nike, Lululemon and Dick’s Sporting Goods showed the strongest competitive positions and/or growth in...
25 October, 2022
NPD Group Report: U.S. Footwear Q3 Sales Flat
According to the NPD Group, in third quarter 2022, U.S. footwear sales revenue was flat at $10.8 billion versus Q3 2021. It further noted that...
25 October, 2022
Adidas Completes Second Share Buyback Program In 2022
Adidas has completed its second share buyback program this year. On March 1, 2022, the company announced it would launch another share buyback program in mid-March...
20 October, 2022
Red Wing Shoe Names CEO
Red Wing Shoe Company announced that its board of directors has named Allison Gettings president and chief executive officer, effective January 1, 2023. Gettings, who...
20 October, 2022
Rack Room Shoes raises $1 million through Shoes That Fit fundraising campaign
Rack Room Shoes raised more than $1 million during its 2022 Shoes That Fit fundraising campaign, which empowers customers to give back by supplying children...
11 October, 2022
Under Armour Announces Two Executive Leadership Roles
Under Armour, Inc. announced that David Baxter succeeded Stephanie Pugliese as president of the Americas. Pugliese is stepping down from the position and leaving the company. Mehri Shadman was...
06 October, 2022