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Top stories on just-style this week... Petah Marian | 1 Jun 12

The most read stories on just-style this week included the latest Flanarant on "Offshoring 3.0", a story on which towns will pilot Mary Portas' high street recommendations, and H&M's plans to increase sourcing in Bangladesh.

US: Nike to divest Cole Haan, Umbro Petah Marian | 31 May 12

Nike today (31 May) revealed plans to divest its Cole Haan and Umbro brands to focus on growing the Nike, Jordan, Converse and Hurley brands.

US: Nike taps Michael Egeck as CEO of Hurley Leonie Barrie | 30 Sep 11

Sporting goods giant Nike Inc has hired Michael Egeck, the former president of True Religion Brand Jeans, as the new CEO of its skateboarding and surfing division Hurley International LLC.

US: Nike opens multi-brand action sports store | 8 Jul 11

Sporting goods giant Nike is opening its third multi-brand action sports retail store which features products from Nike as well as its Hurley International and Converse units.

US: Nike raises long-term revenue forecasts | 29 Jun 11

Hot on the heels of yesterday's stellar fourth-quarter earnings report, sporting goods giant Nike Inc has now raised its long-term revenue outlook too.

US: Nike shuffles Umbro, Converse executives | 20 May 11

Sporting goods giant Nike has reshuffled the executives in charge of its Umbro and Converse brands in a move sparked by the retirement of Umbro president and CEO Jim Allaker.

US: Nike warns on higher costs as Q3 disappoints | 18 Mar 11

Shares in Nike Inc fell nearly 6% in trading yesterday (17 March) after the sportswear giant's third quarter earnings missed expectations and it warned that rising oil, cotton and transport costs are set to continue to affect its near-term profitability.

US: Nike reshuffles affiliates, apparel managers | 9 Feb 11

Sporting goods giant Nike Inc has promoted Roger Wyett, the head of its Hurley International unit, to president of its Nike Affiliates portfolio.

ANALYSIS: Nike shrugs off industry woes Joe Ayling | 22 Dec 10

Shareholders of US sportswear group Nike can be rest assured this Christmas that current and future growth is ahead of the field, despite a note of caution from the company's boss.

US: Nike's 22% hike in Q2 profit offset by future orders | 22 Dec 10

Strong sales and clean inventories have helped sportswear and equipment giant Nike Inc to a 22% hike in second quarter profit, but shares fell nearly 6% after an 11% rise in future orders came in below analysts' expectations.

SWEDEN: New Wave appoints China VP | 18 Oct 10

Magnus Claesson has been appointed as VP China of New Wave Group, which designs, acquires and develops brands including Umbro and Cutter & Buck.

US: Nike reports "great first quarter" | 24 Sep 10

Sporting goods giant Nike has announced robust first quarter sales, driven by higher revenues and clean inventories, and has boosted future orders in all markets except Western Europe and Japan.

ANALYSIS: Nike finds growth beyond the tick Joe Ayling | 24 Sep 10

Sporting goods giant Nike has joined the chorus of retailers and brands warning of rising input costs in the supply chain, even though its stable of portfolio brands has returned strong revenue growth during the first quarter of its current financial year.

UK: Umbro extends England kit deal | 8 Sep 10

Sporting goods firm Umbro has agreed to extend its partnership with the England football team until 2018.

Spotlight on...World Cup branding battle Joe Ayling | 27 May 10

Four years is a long-time in football, but the moment French captain Zinedine Zidane headbutted an Italian defender during the World Cup final at Berlin's Olympic Stadium will live long in the memory. The next question is, how many fans remember what brand of shirt he was wearing? Joe Ayling reports.

ANALYSIS: More of the same in Nike growth targets Richard Woodard | 6 May 10

Nike’s long-term growth plans constitute, to paraphrase the words of one rather underwhelmed analyst, more of an evolution than a revolution. The headline revenue target of US$27bn looks impressively bullish, but much of what lies behind it is little more than a development of past strategies.

US: Nike targets US$27bn revenue by 2015 | 6 May 10

World-leading sportswear company Nike is targeting revenues of US$27bn by the end of fiscal 2015, led by growth in emerging markets and hundreds of new Nike stores.

ANALYSIS: Nike gains momentum from the woes of others Richard Woodard | 18 Mar 10

Taking the figures in isolation, it appears that Nike president and CEO Mark Parker is indulging in a little pre-World Cup hype when he calls the company’s third quarter “great”.

US: Nike hails “great quarter” as Q3 profit rises | 18 Mar 10

Sporting goods giant Nike hailed its fiscal third quarter as “great” after underlying net profit edged up 2% to US$496m.

10 industry developments that shaped the decade Joe Ayling | 23 Dec 09

Having delivered apparel and footwear industry news for the past decade, just-style takes a reflective look through its archives to highlight ten key themes that have helped shape the apparel industry over the last 10 years.

INSIGHT: Nike well-placed after solid Q1 Richard Woodard | 30 Sep 09

Sportswear giant Nike held steady with a first quarter net profit of US$513m, fractionally up on last year’s figures, as cost-cutting made up for falling sales.

US: Nike Q1 profit static thanks to cost-cutting | 30 Sep 09

Sportswear giant Nike held steady with a first quarter net profit of US$513m, fractionally up on last year’s figures, as cost-cutting made up for falling sales.

UK: Allaker named as new Umbro CEO | 18 Aug 09

Jim Allaker, vice president/general manager of Nike UK & Ireland, has been appointed as the new CEO and president of football-focused affiliate Umbro.

US: Nike Q4 profit down 30% as future orders fall | 25 Jun 09

Slumping sales in every geographic sector except Asia have coupled with restructuring charges to push sporting goods giant Nike Inc to a 30% drop in fourth quarter profit.

US: Levi's brand inks slipper and sandal deal | 26 Mar 09

The Levi's brand is to launch a range of slippers and sandals after signing a licensing deal with Dearfoam slippers producer RG Barry Corporation.

US: Nike reorganising brand into six regions | 20 Mar 09

Sporting goods giant Nike Inc today (20 March) unveiled plans to reorganise its Nike brand into six regions with less management in a bid to make its operations more efficient and trim costs.

US: Nike Q3 profit tumbles 47% on charges | 19 Mar 09

Higher costs, lower sales in Europe and weakness at its Umbro football brand have almost halved third quarter profit at sporting goods giant Nike Inc.

US: Nike 10% Q1 profit dip beats forecasts | 25 Sep 08

Sportswear giant Nike has posted first quarter profits of US$510.5m, down 10% on last year but still ahead of expectations on Wall Street.

UK: Sports Direct lifts stake in rival JD Sports | 23 Sep 08

Sporting goods chain Sports Direct has increased its stake in rival UK retailer JD Sports, which today (23 September) posted a 54% increase in profits for the first half.

HONG KONG: Labour groups protest at Olympics suppliers | 4 Aug 08

With just five days to go before the start of the Beijing Olympic Games, campaigners in Hong Kong have protested at what they say is the failure of the International Olympic Committee (IOC) to make sure that Olympic-branded products are not be made with sweatshop labour.



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