E.l.f. Beauty Sales Lift 51%
The US cosmetics giant raised its full-year sales outlook to over $2 billion as Rhode’s global expansion continues to power its revenue growth.
sports
Financial Markets
JD Sports Sprints Ahead on Demand for Trainers, Track Pants
The British retailer plans to look overseas for further growth after bucking a gloomy UK retail sector by boosting annual profit by a quarter.
News & Analysis
Adidas Wins World Cup Race, but Nike Kicks Back at Ground Level
Adidas has managed to kick Nike out of the top spot where it really matters: in sales to consumers who play for fun.
News & Analysis
Adidas Edges Nike in World Cup Team Sponsorship
The sponsorship stakes are high, with Nike and Adidas jointly selling almost $5 billion worth of soccer gear last year.
News & Analysis
Two Billionaires Bet They Can Sell Sports Merch to the World
Fanatics Inc, which replaced Nike this year as the biggest seller of player merchandise, is planning a global push after a $1 billion investment. But US-style sports merchandise could be a tougher sell abroad.
Technology
Nike Unveils 'Connected' Jersey for NBA Partnership
Stefan Olander, Nike’s vice president of digital, tells BoF how the jersey will bring basketball fans closer to the game.
News & Analysis
Adidas Loses Rulings Over Skechers' Alleged 'Springblade' Knockoffs
A federal judge has rejected Adidas effort to block Skechers USA Inc from selling athletic sneakers that it said copied its "Springblade" concept.
Retail
Adidas CEO Says Top Team Now 'Ideal' After Management Shakeout
Chief executive Kasper Rorsted said his top team was now complete after the departure of two executives who served for years under his predecessor and the appointment of the first woman to the executive board since 1993.
Retail
Adidas Sells Golf Businesses to Focus on Core Brands
The world’s second largest sport apparel company said it is focusing on its core brands, having already announced its intention to sell the golf companies by 2016.
Retail
Adidas Names New Head of Global Operations
The move is one of latest changes in the sportwear company's senior management since its new chief executive Kaspar Rorsted took over his role in October.
Retail
JD Sports Rides Athleisure Wave to Success
Against a backdrop of job losses and bankruptcies in the rest of Britain’s retail sector, JD has found itself in a sweet spot.
Marketing
News Bites | SoulCycle Reveals Laird+Partners Campaign, Balmain Appoints New CEO
In today's News Bites, SoulCycle reveals its first ever campaign by Trey Laird and Balmain appoints a former Valentino executive as its new CEO.
Retail
Under Armour Shares Could Rise More Than 30 Percent
The company is likely to increase sales at a double-digit clip for years to come, according to a Barron's report.
The News in Brief
Shein Invests €500 Million in Europe as Customs Rules Tighten
The online retailer said it will expand its logistics hub in Poland as it grapples with stricter customs regulations in Europe.
Remington Owner Spectrum Makes Unsolicited Push to Buy Helen of Troy
The owner of consumer brands like George Foreman and Remington said it has made multiple offers to buy the publicly listed parent company of Olive and June, Drybar and Hydro Flask.
PAI Partners to Acquire Elemis from L’Occitane
The French private equity group announced on Wednesday that it will buy the UK skin and body care brand for an undisclosed sum.
Estée Lauder Sets 2030 Growth, Margin Targets as Turnaround Advances
At its capital markets event in Shanghai, leadership said it aims to deliver mid-single-digit organic net sales growth through fiscal 2030, and unveiled a new cost-cutting and strategic roadmap.
Nykaa Quarterly Profit Nearly Triples on Beauty Demand, Margin Gains
The Indian beauty retailer said on Wednesday its second-quarter profit nearly tripled, as improved operating efficiency and strong demand for premium beauty products boosted margins.
Report: CVS Plans to Break Up Healthcare Conglomerate
The US retailer is planning to spin off its pharmacy business in what would be one of the biggest-ever breakups in the healthcare industry, according to reports.
Pandora Nudges Up Outlook, Speeds Up Launches
The jeweller edged up its near-term revenue and profitability targets as efforts to keep the brand affordable pay off.