Keywords: Sportswear
British sportswear retailer JD Sports has publicly expressed confidence in Nike’s leadership, praising CEO Elliott Hill for efforts aimed at revitalizing the global sportswear giant. Nike has been undergoing a strategic transformation since Hill returned to lead the company in late 2024. After......
Adidas saw its share price rise after an exceptional performance by Kenyan runner Sabastian Sawe at the London Marathon, where he delivered a record-breaking run that drew global attention from both the sports and financial sectors. Sawe completed the 42.2-kilometre race in under two hours, a landmark......
British retailer JD Sports Fashion has sold its entire stake in Applied Nutrition in a transaction valued at approximately $66.5 million, marking a strategic shift in its investment portfolio. The company offloaded its 9.1% shareholding through a secondary share placing, selling millions of shares at......
Nike’s efforts to stabilize its business are encountering fresh challenges as unrest in the Middle East threatens to affect global operations. The sportswear giant also continues to struggle with slower sales growth in China, a key market for the company. Executives have warned of a notable drop......
Puma SE has introduced a high-end $260 training shoe designed for the rapidly growing Hyrox fitness segment, betting on new performance categories to offset heavy financial setbacks. The German sportswear brand unveiled its Deviate Nitro Elite Hyrox model on February 19, coinciding with the release of......
Adidas, the German sportswear giant, has unveiled plans to repurchase up to 1 billion euros ($1.2 billion) of its own shares in 2026. This move follows a stellar close to 2025, marked by record annual revenues. The program, set to kick off in early February, will draw from anticipated cash flows and......
Nike has introduced a series of revolutionary innovations aimed at reclaiming its leadership in sportswear innovation under the ambitious strategy of CEO Elliott Hill. The announcement reveals four transformative technologies, including the world's first motorized running shoes, neuroscience-based......
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