
Under Armour Inc forecast full-year profit below estimates on Friday, as the sportswear maker grapples with higher transportation costs and a hit to its business from renewed Covid-19 curbs in China.
431 published items with the word (s) or phrase Under Armour in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
Under Armour Inc forecast full-year profit below estimates on Friday, as the sportswear maker grapples with higher transportation costs and a hit to its business from renewed Covid-19 curbs in China.
In Q1 2022, the Italian eyewear group recorded net sales of €282.6 million, up by 8.4% at constant rates. Gross income was on the rise too, up by 23%, as were gross margin, at 55%, and adjusted EBITDA, at 11.3%.
Intermix announced on Wednesday the appointment of Neiman Marcus Group veteran Karen Katz, to its board of directors.
The American Apparel & Footwear Association has a new leadership. Sarah Clarke, head of supply chain at PVH Corp., has taken over for a two-year term as chair of the US industry association based in Washington, DC.
The New Zealand-based outdoor gear and clothing firm will rely on Rip Curl's European teams to help it globally expand. We interview Kathmandu's general manager of international, Alexandre Gilbert.
Under Armour Inc on Friday warned that higher transportation costs would squeeze its earnings in the current quarter, as the sportswear maker wrestles with COVID-19-led disruptions to its supply chain.
The distribution agreement between the Swedish outdoor brand and the Italian group covers among others Italy, Poland, Hungary, Spain and France.
Golf looks to be climbing back up the leaderboard again as a sport of choice in the UK. Having spent a number of years in the doldrums, it’s now back in the swing, according to retailer American Golf.
There’s no signs of a slowdown in Frasers Group’s expansion plans. Its core athletic sportswear brand Sports Direct is opening another flagship store, this time at the 280,000 sq ft St Anns Shopping Centre in Harrow.
Footwear fit tech specialist Volumental has raised $13 million in a new funding round as it works to grow in Europe and Asia. It has the world’s largest dataset of 3D foot scans and is already strong in the US market.