As the bankrupt Rockport tries to push a private sale through to save itself from further damage, former owner Adidas is trying to prevent proceedings, telling the court it stands to lose $54M if Rockport sells.
The Original Factory’s CVA proposal has been approved by creditors this week, allowing the struggling UK retailer to shed around 10% of its store estate. The move puts an estimated 290 jobs at risk of redundancy.
Ybrands has released a new study ranking the most trustworthy brands according to consumers aged 13-36. While Dove took the top spot across all product categories, Nike reigned supreme among fashion brands.
The Japanese brand has signed an agreement with the International Paralympic Committee to become its official supplier until the end of 2020 in a major deal that will position it as a leader in the para sports arena.
Marks & Spencer has quickly reacted to the ‘Gareth Southgate Effect', which has sent the country into waistcoat-wearing frenzy, with a social media and ad campaign in support of the England football team.
The American sportswear brand has announced several key changes across its international management team. After naming Massimo Baratto head of EMEA, Under Amour is now sending Jason Archer to develop its Asia market.