Nike shares tumble 13% as CEO Hill’s turnaround plan faces geopolitical woesNike's months-long turnaround under CEO Elliott Hill faces fresh pressure as the Middle East conflict adds to the sportswear maker's strugg...
01 Apr, 2026, 08.09 PM IST
Top sportswear Companies' growth run slows after Covid highsDemand for sportswear has slowed down for leading brands like Puma, Adidas, Nike, Skechers, and Asics after a sharp rise post Covid-19. Sal...
04 Dec, 2024, 12.54 PM IST
Nike stock plunges as gloomy sales forecast fans growth concernsNike faces stock woes and market challenges, prompting a potential shift in leadership under CEO John Donahoe's digital-focused strategy. T...
29 Jun, 2024, 09.24 AM IST
Nike sinks over 18% as gloomy sales forecast fans growth concernsNike shares slumped 18.6% in early trade on Friday as a forecast for a surprise drop in annual sales amplified investor concerns about the ...
28 Jun, 2024, 08.12 PM IST
Foot Locker signs agreement with Metro Brands and Nykaa fashion for India entryFoot Locker has signed a long-term licensing agreement with Metro Brands Limited (MBL) and Nykaa Fashion for its entry into the Indian mark...
29 Nov, 2023, 05.58 PM IST
Aditya Birla Fashion to now own and operate Reebok stores in select marketsLast year, ABFRL signed a long-term licensing pact with Authentic Brands Group (ABG) - the owner of Reebok - for exclusive rights to distri...
13 Aug, 2022, 12.56 AM IST
Aditya Birla Group acquires India distribution and manufacturing rights for Reebok sports brandOne of the sources said Aditya Birla’s Madura Fashion & Lifestyle has acquired the rights from Reebok’s new owner Authentic Brands Group th...
14 Dec, 2021, 11.48 AM IST
ASICS to expand offline presence amid pandemic"While a lot of brands are rescinding their plans of opening stores and even shutting down existing stores, we have additional five stores ...
29 Nov, 2020, 01.04 PM IST
Muse Nanobots launches nanotech coating for textiles to inactivate coronavirusMuse Nanobots conducted a study with the U.S.-based Situ Biosciences, an independent product test laboratory in Chicago, to understand the ...
31 Aug, 2020, 11.16 PM IST
Reliance Brands puts All Saints, Kurt Geiger and EA7 in its cartReliance Brands is scouting for space for all three brands, the top executive of a prominent mall in the Delhi region said.
28 May, 2019, 06.58 AM IST
Puma edges past rivals in India sales to emerge as top sportswear brandPuma reported sales of Rs 1,157 crore for a period of 12 months ending December 2018 up from Rs 958 crore for the corresponding period a ye...
24 Feb, 2019, 03.58 PM IST
Top fashion brands stare at uncertain future onlineMost of these brands have been created in-house by these internet companies or have come to India as a result of exclusive arrangements wit...
01 Jan, 2019, 11.03 AM IST
A desi sportswear brand is running to catch up with Nike, Adidas and PumaDespite competition from big MNC brands, Shiv-Naresh has grown into important niches of sportswear market with perseverance and clever stra...
09 Mar, 2017, 06.38 PM IST
Loss making Nike stops sponsoring Indian cricket teamIt has been learnt that the Oregon-based sportswear firm has not renewed contracts with Indian cricketers such as Ajinkya Rahane, R Ashwin ...
05 Nov, 2016, 11.43 AM IST
Flipkart and Myntra launch Japanese brand Mizuno sportswearMeerut-based Stag International, has partnered with Myntra and Flipkart for an exclusive retail distribution. Stag is also distributor of o...
22 Apr, 2016, 07.34 PM IST
Under Armour, US' No. 2 sportswear brand, to enter IndiaA relatively new entrant in the category, Under Armour, which boasts sales of around $3 billion, has been talking to several big e-tailers ...
14 Jan, 2016, 12.28 PM IST
Nike, the Brazilian national football team, and $40 million paid into a Swiss bank accountThe charges allege they participated in a "24-year scheme to enrich themselves through the corruption of international soccer."
30 May, 2015, 04.21 PM IST