The Baltimore-based sportswear company announced on Thursday that it has appointed 25-year industry veteran Stephanie Pugliese as the new president of its North American business, effective September 16, 2019.
Following a 350% increase in annual revenues, the AI-powered styling platform announced on Monday that it has secured $15 million in Series B funding, money which will be put towards developing its service offering.
German sportswear group Puma raised sales and profit forecasts on Wednesday after a strong second quarter, helped by a return to the U.S. basketball market and a deal with football team Manchester City.
Sportswear maker Under Armour Inc on Tuesday cut its full-year revenue forecast for North America, its biggest market, as it suffered in the face of a strong performance by bigger rivals Nike and Adidas.
Crocs Inc will aim to cut the volume of its shoes and accessories produced in China for the U.S. market by more than two-thirds over the next year, as it guards against the impact of the US trade war with Beijing.
Following the retirement of Joseph R. Gromek, the American footwear manufacturer announced the appointment of apparel and footwear industry vet David W. McCreight to its board of directors on Wednesday.