Indian Jewellery Giant Titan Jumps as Profits Beat Expectations
The company’s share price notched its biggest weekly rise since 2020 as investors bet on softer gold prices to bring customers back to stores.
sports
Workplace & Talent
Under Armour CFO and COO to Step Down
Under Armour Inc. Chief Operating Officer Brad Dickerson will step down from the athletic-apparel maker next year.
News & Analysis
Under Armour, Wisconsin Sign $100 Million Apparel Deal
Under Armour Inc. signed a 10-year deal worth more than $100 million to become the University of Wisconsin’s official outfitter.
News & Analysis
Nike Said to Face Bidding War for NCAA’s Richest Program
Nike Inc. won’t renew its apparel contract with the University of Texas before the company’s exclusive negotiating window expires on Oct. 1.
Financial Markets
Nike Sprints Ahead as China Sales Defy Economic Slowdown
Nike Inc's first-quarter profits outpaced expectations as surprisingly steep China growth boosted the sportswear maker.
Marketing
Reebok Heads Back to the Gym with New Marketing Blitz
Adidas is underlining its commitment to struggling brand Reebok by stepping up a major marketing campaign that returns it to its roots in the personal fitness business.
Marketing
Why Nike Is Desperate to Keep Michael Jordan’s Sponsorship Money Secret
Nike is forced to hand over one of the most lucrative and secret contracts in sports.
News & Analysis
Under Armour to Sponsor NBA's Draft Combine
Under Armour signed a multiyear deal Monday to sponsor the NBA's draft combine.
Financial Markets
Adidas Profit Misses Estimates as Demand Lags Last Year’s Cup
Adidas AG reported profit that missed analysts’ estimates as the maker of Lionel Messi soccer cleats couldn’t match demand spurred by last summer’s World Cup.
Marketing
Michigan’s $169 Million Nike Deal Is Richest in College Sports
The University of Michigan’s new apparel contract with Nike Inc. is worth $169 million, the largest in the history of college sports by almost $80 million.
News & Analysis
Nike Wins Contract to Make NBA Uniforms, Taking Over for Adidas
Nike Inc. won an eight-year deal to make uniforms for the National Basketball Association, taking over a contract that Adidas AG has until 2017.
Marketing
Under Armour Gets Shot at Hoop Dreams in NBA Finals
The NBA Finals are a chance for Under Armour Inc. and star Stephen Curry to challenge Nike Inc.’s decades of basketball dominance.
Technology
Fitbit IPO Rides on Persuading You to Dust Off Your Wristband
Companies like Fitbit Inc., which is planning an initial public offering, are making a big bet that they can keep their products from ending up gathering dust in desk drawers.
The News in Brief
Bangladesh Garment Protests Continue
Workers staged fresh demonstrations in Dhaka Thursday, forcing factories to suspend operations despite government promises to raise wages before the end of the year.
Rogaine Rides GLP-1 Wave With 30% Sales Surge
The decades-old hair-loss remedy is unexpectedly booming from more people taking GLP-1 weight-loss drugs.
Ralph Lauren’s Quarterly Revenue Forecast Disappoints, Sending Shares Down
Expectations for the brand to sustain a rapid pace of growth set a high bar, leaving investors disappointed even as its raised its annual outlook.
Tapestry Lifts Outlook as Young Shoppers Snap Up Coach Bags
Shares rose in early trading after the company raised its revenue and profit forecasts, even as the broader luxury sector grapples with a slowdown.
Chanel Beauty Opens Alpine-Inspired Activation at Harrods
The luxury beauty label has taken over a corner of the department store's ground floor with a gifting suite.
Bangladesh Agrees New Garment Pay Scale From December Amid Protests
The government has yet determine the details of revised wage levels as it scrambles to manage days of protests that have disrupted the country’s garment industry.
China Wealth Crackdown Lifts Hong Kong Watch and Jewellery Sales
Rich shoppers are turning to gold and gemstones to preserve wealth, softening the blow for luxury giants like Hermès and Richemont as Beijing tightens its grip on overseas assets.