Under Armour posts $1.3bn in revenue for first quarter of FY23
The company expects its operating income for the full year to be between $300m and $325m.
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JD Sports to sell Footasylum to Aurelius Group for £37.5m
The transaction has no conditionality and is expected to close in the following few weeks.
Puma records 19.0% increase in sales for first half of FY22
The apparel brand expects a currency-adjusted sales growth in the mid-teens for the full year.
Lids launches collegiate sports-focused retail concept in US
The retailer will open more than 11 Lids U stores this year, with more due to be opened thereafter.
Nike to open its latest retail concept in Seoul, South Korea
The concept will be expanded to other countries following initial launches in Korea and China.
Foot Locker agrees to sell Team Sales business to BSN Sports
The company will merge the Eastbay.com retail website into its Champs Sports banner.
Nike registers 5% increase in full-year revenue for FY22
The brand’s net income for the year was $6.0bn, up by 6% from FY21.
Athleta to open five new Canadian stores in 2022
Founded in 1998, the brand offers performance lifestyle products for women and girls.