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FIFA 2026: Brokerages bet on sector winners as soccer World Cup set to kick offThe 2026 FIFA World Cup will bring billions to host nations. Analysts expect a surge in spending on hotels, airlines, and retail. Beer sale...
Anushka Sharma acquires minor stake in footwear and apparel brand Agilitas SportsFilm actor-producer Anushka Sharma has acquired a minor stake in Agilitas Sports, joining husband and cricketer Virat Kohli as an investor ...
Global Markets | European markets dip as investors eye earnings, Iran conflict continues to weighEuropean shares dipped on Wednesday, as investors turned their focus to a packed day of corporate earnings, while a continuing U.S.-Iran im...
US stocks: Lululemon sinks after new CEO hire from Nike fails to impress investorsLululemon Athletica shares tumbled about 12% in early trading on Thursday, as the struggling athletic apparel maker's decision to tap a CEO...
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...
Nike layoff: Sportswear maker plans job cuts. Who will be affected?As of May 31, Nike had about 77,800 employees worldwide, including retail and part-time employees.
Adidas warns of higher costs from US tariffs, confirms outlookAdidas confirmed its 2025 guidance but anticipates higher U.S. import tariffs will increase product costs. CEO Bjorn Gulden highlighted the...
European shares open higher on earnings-driven optimismThe pan-European STOXX 600 was up 0.3%, as of 0720 GMT, to its highest levels in more than one month
European shares fall as technology, sportswear makers slidePersonal and household goods sector lost 0.6%, as Adidas and Puma fell 6.1% and 4.4%, respectively, after U.S. peer Nike cut its annual sal...
European shares fall as Powell signals bigger rate hikesThe index posted its steepest one-day fall in nearly two weeks on Tuesday after Powell, at a hearing before the Senate Banking Committee, s...
India is driving Puma’s global growth: CEOPuma operates 365 owned stores in India, and over the past three years, has signed up cricketer Virat Kohli, boxer Mary Kom, footballer Sun...
Alcis Sports inks tie-up with FIFAAlcis Sports, a flagship entity promoted by casual and sportswear maker Paragon Apparel, manufactures for categories including running, tra...
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 ...
Nike shuts 35% stores in India to cut lossesTo cut losses, the world's largest sportswear maker, known for its premium shoes and apparel bearing the iconic Swoosh, has shut around 35%...
SFIO submits report on Reebok scamThe Serious Fraud Investigation Office has submitted to government its final probe report on alleged financial irregularities at sportswear...
SFIO submits final probe report on Reebok IndiaSerious Fraud Investigation has submitted to government its final probe report on alleged financial irregularities at sportswear maker Reeb...
SFIO finalising report into alleged fraud at ReebokThe Serious Fraud Investigation Officer is finalising its report into the alleged financial irregularities at sportswear maker Reebok India.
- Serious Fraud Investigation Office may question Reebok officials in Rs 870 crore fraud case
Corporate fraud probe body SFIO has started scrutinising documents relating to alleged Rs 870 crore fraud involving Reebok India.
- Fila to set up Indian arm soon
Italian sportswear maker Fila is set to leap into the Indian market by setting up an Indian subsidiary by the end of this fiscal as it trai...
- Adidas to invest 100 mn pounds in 2012 Olympics
Adidas will invest 100 million pounds ($200.1 million) in the 2012 Olympic games marking the biggest single investment the firm has ever pu...