Nike’s wind-down of its three-year NFT experiment is now facing a proposed class action lawsuit filed by Australian resident Jagdeep Cheema in Brooklyn federal court, accusing the Swoosh of a “rug ...

Moody’s said that pressured consumer spending and rising tariffs could hurt Under Dog’s earning over the next 12 to 18 month, and lowered its corporate family rating to Ba3 from Ba2, while also ...

Retail sales of the Chinese sportswear brand increased low-single digits year-over-year in the first quarter, with owned brick-and-mortar declining low-singles and franchised distributors up ...

The children’s bicycle brand said its sales increased 40% in the first quarter to a record €44 million ($46.3 mm) against €31.5 million prior, gaining market share with 124,000 bikes sold across all ...

Adidas is opening a huge 57,000-sq.-ft. two-level flagship store at the BLVD retail development on Las Vegas’ Strip, just a block away from Puma’s flagship that opened last fall.++++ Sports South ...

The Japanese retailer said that its net income from the fiscal year ended Mar. 31, 2025, would be just ¥971 million ($6.3 mm), well short of its ¥3,002 million forecast, though operating profit ...

New Wave Group, the Swedish parent of sports brands Craft and Cutter & Buck and distributor of other labels, reported a 9% increase in first quarter sales to SEK 2,184 million ($206.6 mm) driven by ...

WFSGI added SFIA CEO Todd Smith, Apache Footwear CEO Mitchell Tsai, and Messe Muenchen chief Stefan Rummel to its board of directors, along with Amer Sports’ VP of sustainability Anne Larilahti.++++ ...

Head Group has entered into exclusive discussions regarding the potential acquisition of 100% of Aqualung Group, our sister publication SGI Europe first reported. Aqualung, with about 500 employees, ...

PTON has agreed to pay plaintiffs’ lawyers $1.75 million for attorneys’ fees, costs, and expenses to settle several separate stockholder derivative actions. As part of the settlement, the company will ...

Chinese officials threw cold water on the notion of progress in their standoff with the U.S. Thursday, with the foreign ministry claiming the two countries are “not having any consultation or ...

The Chinese sportswear company’s Kappa-branded stores’ retail sales declined mid- to high-single digits in the fiscal fourth quarter ... Log in to view full article. Try SGI for a month FREE. You’ll ...