Explainer: Is consumers’ sportswear obsession finally over?
So far this year, US sportswear company Under Armour reported a 10% drop in revenue for Q1 (ended 30 June…
Nike Inc
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Week in review: Bleak end to 2024 for global fashion retailers
When sportswear giant Nike says it is concerned about the challenges that lie ahead for the remainder of 2024, it's…
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Report calls on apparel brands to move beyond ‘marketing gimmicks’
GlobalData's report titled Connected Consumer in Retail and Apparel argues that consumers are increasingly informed about all aspects of products…
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Nike shares weak sales forecast after mixed Q3 despite China share gains
Nike’s slight revenue increase in the month ended 29 February 2024, was driven by sales growth in North America. The…
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Week in data: Sportswear struggles, Wolverine sales drop, Crocs Q4 high
This week’s top apparel-related datasets included a decline in sales across the board at Wolverine Worldwide, and job cuts at…
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Week in review: New year, same old apparel sector?
The third Monday of the year — often dubbed 'Blue Monday' — is supposedly the most depressing day of the…
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Zara jumps ahead of H&M to become second largest apparel brand in Europe
Nike is still the leading apparel group in Europe, having previously overtaken H&M in 2022. The sportswear giant has a…
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Signal: Nike leads on recycled fibre patents as Puma unveils one-off launch
Puma worked with US upcycler Andrew Burgess and his brand Vivid Visions to create five designs made entirely from Puma's…
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Signal: Apparel sector reports mixed results for Black Friday 2023
A record 200.4 million consumers shopped over the five-day holiday weekend (from Thanksgiving Day and Black Friday through to Cyber…
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Week in review: Is hitting sustainability quotas coming at workers’ expense?
Last week UK retailer Boohoo made headlines following a BBC Panorama investigation for allegedly pressuring suppliers to drive down prices,…
