Skechers sued Adidas in federal court this week claiming unfair competition after the brand sent hundreds of thousands of dollars in secret payments to high school and college athletes in return for them wearing Adidas.
Amidst internal struggles and executive exits due to improper workplace conduct, Nike announced it has appointed Rosemary St. Clair as VP, GM of global women’s and Cesar Garcia as VP, GM global running.
Canadian Tire is buying Helly Hansen with the firm saying it’s adding “a global brand and a leader in sportswear that professionals use and trust.” It’s paying C$985m for the firm that also includes UK brand Musto.
JD Sports-owned premium fashion retailer Tessuti is partnering with Graduate Fashion Week for the first time, sponsoring a new award category for 2018, to be called The Tessuti Sports & Leisurewear Award.
Superdry powered ahead again in its latest year but Q4 proved challenging on the store front as snow kept shoppers at home. Yet the company remains in robust good health with more strong growth forecast this year.
Some one hundred articles featuring the much sought after NYC-based streetwear label's branding will be put up for auction by Artcurial in Paris on May 16 as part of an event dedicated to US urban culture.
It looks like times were tough for Japanese sports giant Asics during Q1 as the company’s consolidated net sales and profits were down. But at least the percentage profits fall was less than the sales drop.