Adidas Group currency-neutral sales increase 21 percent in the second quarter of 2016, driven by strong momentum at both Adidas and Reebok. In euro terms, Group revenues grew 13 percent to 4.422 billion euros (4.928 billion dollars). In the first half of 2016, Group revenues increased 21 percent on […]

Wolverine Worldwide has announced the appointment of Mike Jeppesen, President of Wolverine Worldwide's Global Operations Group, to an expanded role as President of the Wolverine Heritage Group, which includes the Wolverine, Bates, Harley-Davidson and HyTest brands. He succeeds Ted Gedra, who recently […]

Zumiez total net sales for the four-week period ended July 30, 2016 increased one percent to 61.9 million dollars, compared to 61.4 million dollars for the four-week period ended August 1, 2015. The company's comparable sales decreased 2.9 percent for the period under review compared to a comparable […]

The pressure is on. There’s less than 24 hours to go until the biggest sporting event of the year and the trend towards healthy lifestyles and fitness obsessions continues to rise, making the Rio Olympic Games 2016 potentially one of the most lucrative sporting events to date. High-profile sponsorship […]

American leather goods and luxury brand Coach has announced the sale-leaseback of their global headquarters at 10 Hudson Yards in New York City. The company received a purchase price of 707 million dollars (net of 77 million dollars due to the developer of Hudson Yards) before transaction costs of 26 […]

New Zealand-based Alchemy Equipment has partnered with Toronto-based Parnters Growth for distribution and representation in the U.S. and Canada. Alchemy Equipment first launched in the U.S. as the Outdoor Retailer Winter Market Show in 2015. “We were quite overwhelmed by the enthusiastic market response,” […]

Kate Spade & Company net sales, for the second quarter ended July 2, 2016, were 320 million dollars, an increase of 39 million dollars or 13.7 percent compared to the second quarter of 2015. Net sales increased 47 million dollars or 17.2 percent, excluding sales for wind-down operations for the second […]

Swatch Group, the world's largest watchmaker, posted a 52-percent fall in first-half profits on Thursday, with sales hurt by declining tourism after attacks in France and Belgium. The Swiss-based company also said revenues were down in its crucial market of Hong Kong. The entire luxury watch sector […]




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