HanesBrands has announced that its Champion sportswear brand posted sales growth of more than 50% outside of the U.S. mass channel in the second quarter of 2019, helping the company achieve better than expected earnings.
The women’s athleticwear brand has named Allyson Felix as its first sponsored athlete, promising a holistic, socially-engaged partnership with the sportswoman, who has previously criticized Nike for its pregnancy policy.
Superdry has been sharing plenty of information recently about its ambitious plans for India, and it now seems that as well as new stores, it will be focusing on multichannel retail with an Indian website due soon.
German sportswear group Puma raised sales and profit forecasts on Wednesday after a strong second quarter, helped by a return to the U.S. basketball market and a deal with football team Manchester City.
The French sportswear brand owned by Airesis recorded a 1.3% increase in sales in the first six months of the year, and is forecasting a revenue of approximately €135 million for the full 2019 financial year.
Sportswear maker Under Armour Inc on Tuesday cut its full-year revenue forecast for North America, its biggest market, as it suffered in the face of a strong performance by bigger rivals Nike and Adidas.
Grant Thornton, the auditor of Sports Direct International, has told UK regulators it intends to quit its role following concerns over the disclosure of a 674 million euro tax bill from Belgian authorities.
In April, Volcom was sold by Kering to a pool of investors including the US brand’s management. It has ambitious plans for the future, as Todd Hymel, CEO of Volcom’s new owner Liberated Brands, told FashionNetwork.com.
Peter Pilotto, one of London Fashion Week’s most happening houses, will stage its next runway show in Milan this autumn, making its Italian debut in the storied Teatro Manzoni on Wednesday, September 18.