Canada Goose Beats Revenue Estimates as Demand Holds Up
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.
sports
Retail
Nike Backs Obama on Trade with Pledge to Create 10,000 US Jobs
Nike Inc put its weight behind President Barack Obama's push for a trade deal with Asian countries on Friday with a promise to create up to 10,000 US-based manufacturing jobs if the pact is approved.
Nike Backs Obama on Trade with Pledge to Create 10,000 US Jobs
Nike Inc put its weight behind President Barack Obama's push for a trade deal with Asian countries on Friday with a promise to create up to 10,000 US-based manufacturing jobs if the pact is approved.
News & Analysis
Nike Is Finally Selling US Women's Soccer Team Jerseys to Men
Women are now in the driver's seat in the sports apparel market.
Nike Is Finally Selling US Women's Soccer Team Jerseys to Men
Women are now in the driver's seat in the sports apparel market.
News & Analysis
Top Australian Stock Picker Bets on Comeback for Billabong
Surfwear label Billabong’s journey from a backyard on Australia’s Gold Coast to a $3.2 billion public company culminated in its shares losing 99 percent of their value. Money manager Sebastian Evans is betting on a comeback.
Top Australian Stock Picker Bets on Comeback for Billabong
Surfwear label Billabong’s journey from a backyard on Australia’s Gold Coast to a $3.2 billion public company culminated in its shares losing 99 percent of their value. Money manager Sebastian Evans is betting on a comeback.
Retail
REI’s Crunchy Business Model Is Crushing Retail Competitors
If Recreational Equipment Inc. were a publicly traded company, it would be the toast of Wall Street.
REI’s Crunchy Business Model Is Crushing Retail Competitors
If Recreational Equipment Inc. were a publicly traded company, it would be the toast of Wall Street.
News & Analysis
Adidas Seeks New Boss and Long-Term Strategy
As Adidas AG seeks new CEO, current boss Herbert Hainer asks for two more years to get the company back on track.
Adidas Seeks New Boss and Long-Term Strategy
As Adidas AG seeks new CEO, current boss Herbert Hainer asks for two more years to get the company back on track.
Global Markets
Nike Earnings Beat Estimates as North American Sales Advance
Nike Inc., the world’s largest sporting- goods maker, posted third-quarter profit that topped analysts’ estimates, helped by demand in North America.
Nike Earnings Beat Estimates as North American Sales Advance
Nike Inc., the world’s largest sporting- goods maker, posted third-quarter profit that topped analysts’ estimates, helped by demand in North America.
News & Analysis
Adidas Forecasts 2015 Adjusted Profit Growth
Adidas AG predicted profit growth for this year that matched analysts’ predictions as the struggling German sportswear maker as it pours money into catching up to larger rival Nike Inc.
Adidas Forecasts 2015 Adjusted Profit Growth
Adidas AG predicted profit growth for this year that matched analysts’ predictions as the struggling German sportswear maker as it pours money into catching up to larger rival Nike Inc.
News & Analysis
Nike to Launch Collaboration with Chitose Abe’s Sacai
BoF can exclusively reveal that Nike is set to launch a new fashion collaboration with Chitose Abe’s inventive Japanese label Sacai.
Nike to Launch Collaboration with Chitose Abe’s Sacai
BoF can exclusively reveal that Nike is set to launch a new fashion collaboration with Chitose Abe’s inventive Japanese label Sacai.
Financial Markets
Puma Boosts Yearly Outlook as Second-Half Sales Rise
Puma SE, the German maker of athletic gear that sponsors sprinter Usain Bolt, forecast a belated sales increase this year as the company continues a gradual turnaround.
Puma Boosts Yearly Outlook as Second-Half Sales Rise
Puma SE, the German maker of athletic gear that sponsors sprinter Usain Bolt, forecast a belated sales increase this year as the company continues a gradual turnaround.
Technology
Under Armour Acquires Apps in Bid to Become Top Fitness Tracker
Under Armour Inc., the maker of athletic clothing and gear, is acquiring the MyFitnessPal and Endomondo applications in a bid to become the world’s biggest tracker of fitness information.
Under Armour Acquires Apps in Bid to Become Top Fitness Tracker
Under Armour Inc., the maker of athletic clothing and gear, is acquiring the MyFitnessPal and Endomondo applications in a bid to become the world’s biggest tracker of fitness information.
Technology
Fashion and Tech Converge in Smart-Shirts
Cityzen is putting its technology directly into fabric, differentiating itself from companies such as Apple Inc., LVMH Moet Hennessy Louis Vuitton SA or Swarovski as they turn watches and jewelry into connected objects.
Fashion and Tech Converge in Smart-Shirts
Cityzen is putting its technology directly into fabric, differentiating itself from companies such as Apple Inc., LVMH Moet Hennessy Louis Vuitton SA or Swarovski as they turn watches and jewelry into connected objects.
Marketing
Is Kering Set to Sell Sports Firm Puma?
The owner of Puma SE has explored a sale of the German sportswear maker as efforts to revive the brand drag into a fifth year, according to people familiar with the matter.
Is Kering Set to Sell Sports Firm Puma?
The owner of Puma SE has explored a sale of the German sportswear maker as efforts to revive the brand drag into a fifth year, according to people familiar with the matter.
The News in Brief
Steven Madden Tops Expectations and Lifts Full-Year Outlook
The retailer raised its full-year revenue forecast again as its integration of luxury brand Kurt Geiger last year provided a tailwind.
Reformation and Its Backers Raise $210.9 Million in IPO
The womenswear brand and shareholders including private-equity backer Permira raised new funds in an IPO that priced shares at the bottom of the marketed range.
Adidas Shares Plunge After World Cup Spend Dents Profit
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.
British Fashion Council to Boost UK Fashion Beyond London
The new national initiative, Fashion Britain, aims to increase growth, innovation and participation in the industry across key cities.
Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.
Hermès Shares Dive as Sales and Chinese Weakness Disappoint
Hermès second quarter sales rose 7 percent, lifted by a recovery in tourism in Europe and strong demand in the US.
Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.