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Nike set for rare sales drop with focus on US demand, direct-to-consumer pivot
Nike is projected to post its first quarterly revenue decline in nearly two years on Thursday, turning the spotlight on the slower-than-expected boost from its DTC strategy and sluggish demand in North America.
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Federer-backed On sneaker brand to open first Hong Kong store
On Holding AG is planning to open its first store in Hong Kong, the latest in a slew of brands looking to the shopping hub as a potential buffer against weaker sales in China.
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Lululemon adds Teri List to board
Lululemon Athletica announced on Tuesday the appointment of Teri List to serve on its board of directors, effective immediately.
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UK sportswear big names Castore and Umbro in "groundbreaking" alliance
In a first for Castore, the fast-growing contemporary British sportswear brand has completed a “highly innovative” deal with domestic heritage brand rival Umbro.
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Gap and Palace link up for 90s style and skate culture collab
American clothing giant Gap is partnering with London-based skate/streetwear label Palace to release a pretty big heritage-based collection of adult and kids’ apparel.
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UK luxury is £81bn industry says new report
The UK luxury sector is now worth £81 billion a year to the UK economy and supports 450,000 jobs, according to a new report by British luxury body Walpole.
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M&S now has new deadline for Marble Arch plans, is close to HSBC deal for 'superapp'
After winning its court case against the government’s refusal to allow it to redevelop its Marble Arch flagship in London, retail giant M&S now has three weeks to formally resubmit its plans for the building.
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Wolverine's Sweaty Betty and Merrell in first-ever collab
Owned by Wolverine World Wide since 2021, UK activewear brand Sweaty Betty has announced a collaboration with fellow Wolverine label Merrell.
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Hibbett annual sales inch forward on steady end of year
Hibbett announced on Friday sales for the full-year increased 1.2% to $1.73 billion, coinciding with a sales uptick for the fourth quarter ending February 3.
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JD Sports works with Wingstop on YouTube content series
JD Sports has formed an interesting content partnership that showcases the brand on YouTube in an unusual way.
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Dick's Sporting Goods posts record-breaking Q4 sales
U.S. retailer Dick's Sporting Goods said total revenues reached $3.876 billion for the fourth quarter, ended February 3, 2024, up 7.8% compared to the same period last year.
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Benetton links with Refined Networks to target UK growth
Benetton is targeting the UK with an online sales push and has partnered with tech and logistics solutions provider Refined Networks to help it.
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John Lewis back in profit, fashion sales rise
John Lewis is one of the most closely watched retail giants in the UK at the moment, mainly because of its many problems in recent years. But at least its annual results managed to show it returning to profit.
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Morris & Co x Hoff sneaker launch deepens Spanish brand's UK appeal
Fast-expanding Spanish sneaker brand Hoff is aiming to deepen its connection with the UK market and has just unveiled a new collaboration with one of Britain’s best known heritage names.
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Under Armour reappoints founder Kevin Plank to CEO role
Under Armour announced on Wednesday the reappointment of founder Kevin Plank to the role of president and chief executive officer, effective April 1.
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Lululemon is 2024's top luxury sports brand: Genting Casino
Lululemon is the world’s most popular luxury sports brand, according to a new study by Genting Casino, which delved into Google search data and social media numbers.
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