Article From：SGI Europe Adidas broke with Kanye West and his Yeezy brand on Oct. 25 and is now expecting to take a hit of about $500 million in revenue and $250 million in net sales for the current year. In its slide presentation for Q3,...

Article From：Front Office Sports Peloton continues on a downward spiral with its latest earnings report. The connected fitness giant generated $616.5 million in revenue in fiscal Q1 2023, down from $805 million for the same period the yea...

Article From：SGB Media Grassroots Outdoor Alliance (GOA) announced that based on topline revenue data provided by its retail members, GOA group sales numbers were up 8.2 percent year-to-date over 2021, which was a record-setting year for...

Article From：SGB Media RunSignup*, in an October industry update, said aggregated registration data continues to show gradual improvement for the endurance race category following the pandemic. Although most events have not returned to pr...

Article From：SGI Europe Pre-orders are almost closed theyre running on Nov. 4-9 for the Asics running shoe designed to get the Web3 community moving and for sale only in exchange for the digital currency known as USDC....

Article From：SGB Media Columbia Sportswear reported earnings surpassed Wall Streets consensus target in the third quarter ending September 30 as sales grew 22 percent on a constant-currency basis. The company slightly lowered its operating...

Article From：SGB Media Skechers USA, Inc. reported sales in the third quarter ended September 30 ran up 20.5 percent, but earnings missed guidance amid margin pressures and foreign exchange currency headwinds. Skechers also provided guidan...

Article From：SGB Media Puma reiterated its outlook for the year despite market volatility while reporting another quarterly record of sales and EBIT performance in the third quarter ending September 30. Sales in the third quarter grew 16.9...

Article From：Front Office Sports Coca-Cola continues to rack up revenue from its sports drinks segment. The beverage giant generated $11.1 billion in revenue in Q3 2022 a 10% increase year-over-year and surpassing Wall Street estimates of...

Article From：SGB Media Li Ning Company Ltd. reported same-store sales for its overall platform excluding Li-Ning Young stores registered a high-single-digit increase in the third quarter on a year-on-year basis. In terms of channels, reta...

Article From：SGB Media Sponsorship deals across womens sports increased 20 percent year-over-year in 2022, according to a study by SponsorUnited. Nike and Adidas were the top brand partners for both professional and collegiate sports. Spo...

Article From：SGB Media On Wednesday, the Center for Environmental Health (CEH) sent legal notices to eight brands of sports bras and six brands of athletic shirts after testing showed the clothing could expose individuals to up to 22 time...

Article From：SGB Media The North Face plans to open more than 70 stores in North America and up to 300 additional retail and partner locations globally over the next five years. The North Face also said it plans to continue transforming e...

Article From：SGB Media According to the NPD Group, in third quarter 2022, U.S. footwear sales revenue was flat at $10.8 billion versus Q3 2021. It further noted that gains in fashion footwear offset declines in performance footwear. Accor...

Article From：SGB Media Nike has added new terms and conditions to prevent resellers from purchasing footwear and reselling it on the secondary market to monitor sneaker-buying bots. As the Wall Street Journal first reported, Nike said it...

Article From：SGB Media Nike remains the No. 1 brand for teens in apparel (31 percent) and footwear (60 percent ), according to Piper Sandlers 44th Semi-Annual Generation Z survey. Lululemon, Converse, Crocs, and Hey Dude also gained tract...

Article From：Front Office Sports Activewear brand Vuori continues to expand as it aims to compete with giants in the industry including Nike and Lululemon. Vuori which has thrived as an online retailer and is backed by Japanese investment...

Article From：Front Office Sports Netflix reversed its subscriber slide and is now showing off its sports content library with its third-quarter earnings release. The streaming leader brought in 2.4 million subscribers to reach 223 million...

Article From：SGB Media Results from the RV Industry Associations August 2022 survey of manufacturers found that total RV shipments ended the month with 33,783 units shipped, a decrease of 36.0 percent compared to the 52,819 units shipped i...

Article From：SGB Media Golf Datatechs National Rounds Played Report for August 2022 showed that U.S. rounds were up 3.9 percent in the month but still down 2.6 percent year-to-date, year-over-year. By region for the month of August, the ga...