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Eddie Bauer’s store operator plans to permanently shutter its headquarters in Seattle and lay off 60 workers in the process, according to a state filing. The Seattle-based outdoor apparel brand’s Sod...

Eddie Bauer’s store operator plans to permanently shutter its headquarters in Seattle and lay off 60 workers in the process, according to a state filing. The Seattle-based outdoor apparel brand’s Sodo office at 2200 First Avenue South will close, and all 60 employees who work there will lose their jobs between April and June, per a worker adjustment and retraining notification filed Monday. The layoffs were announced on the same day Eddie Bauer’s retail operator confirmed filing for chapter 11 bankruptcy, which media reported this month....

“Even prior to the inception of Catalyst Brands last year, the Retail Company was in a challenged situation, with declining sales, supply chain challenges and other issues,” Marc Rosen, CEO of Catalyst Brands, said in a statement Monday. “Over the past year, these challenges have been exacerbated by various headwinds, including increased costs of doing business due to inflation, ongoing tariff uncertainty, and other factors.” Layoffs of Eddie Bauer workers at its Seattle headquarters are set to begin in April when 45 employees will separate from the company, followed by the other 15 in June. Some workers have been offered transfers, Margaret Braun, senior labor and employment counsel, wrote in the filing....

Converse CEO Aaron Cain said that the company had to make difficult decisions, in an internal memo reported by Bloomberg, including "saying goodbye to friends and teammates," and senior executives are expected to be leaving as well. It's unclear how many jobs are being cut in the move, but it follows a round of layoffs at Nike as the sportswear giant tries to regain its footing and return to profit....

...In Nike's most recent quarter, revenue from Converse fell 30% to $300 million, including declines in all of its regions, continuing a long run of negative growth at the sub-brand. Layoffs could be coming After several quarters of declining revenue at Converse and sales at a 15-year low, layoffs now seem to be on the docket for the footwear brand, according to reporting in several media outlets.

Converse CEO Aaron Cain said that the company had to make difficult decisions, in an internal memo reported by Bloomberg, including "saying goodbye to friends and teammates," and senior executives are expected to be leaving as well. It's unclear how many jobs are being cut in the move, but it follows a round of layoffs at Nike as the sportswear giant tries to regain its footing and return to profit....

Converse CEO Aaron Cain said that the company had to make difficult decisions, in an internal memo reported by Bloomberg, including "saying goodbye to friends and teammates," and senior executives are expected to be leaving as well. It's unclear how many jobs are being cut in the move, but it follows a round of layoffs at Nike as the sportswear giant tries to regain its footing and return to profit. Today's Change ( -2.36 %) $ -1.51 Current Price $ 62.41 Key Data Points Market Cap $95B Day's Range $ 62.37 - $ 63.91 52wk Range $ 52.28 - $ 82.44 Volume 13M Avg Vol 18M Gross Margin 40.72 % Dividend Yield 2.52 % What it means for Nike stock

...In Nike's most recent quarter, revenue from Converse fell 30% to $300 million, including declines in all of its regions, continuing a long run of negative growth at the sub-brand. Layoffs could be coming After several quarters of declining revenue at Converse and sales at a 15-year low, layoffs now seem to be on the docket for the footwear brand, according to reporting in several media outlets.

Employees of Nike’s ailing Converse brand have been told to work from home this week ahead of a round of layoffs, according to a Bloomberg report. The struggling brand also is expected to be restruct...

...In December, Nike reported its second consecutive quarter of sales growth. But Hill has cautioned investors that Nike’s comeback won’t be “linear,” telling stock analysts in December that Converse and the company’s China business will take longer to recover. This is the fourth consecutive year of significant Nike layoffs. In January, Nike announced 775 layoffs at its distribution centers....

...But Hill has cautioned investors that Nike’s comeback won’t be “linear,” telling stock analysts in December that Converse and the company’s China business will take longer to recover. This is the fourth consecutive year of significant Nike layoffs. In January, Nike announced 775 layoffs at its distribution centers. Last year, Nike laid off 1% of its corporate workforce. In 2024, Nike laid off 740 Oregon workers as part of a 2% cut to its global workforce, part of a $2 billion cost-cutting effort. In 2023, Nike laid off workers in several departments, including human resources, recruiting and sourcing....

Employees of Nike’s ailing Converse brand have been told to work from home this week ahead of a round of layoffs, according to a Bloomberg report. The struggling brand also is expected to be restruct...

Employees of Nike’s ailing Converse brand have been told to work from home this week ahead of a round of layoffs, according to a Bloomberg report. The struggling brand also is expected to be restructured, according to Bloomberg, which viewed a note sent to employees by Converse CEO Aaron Cain. Nike declined comment....

...For the communities that host Eddie Bauer stores — many of them in suburban malls and lifestyle centers already grappling with rising vacancy rates — the bankruptcy adds another blow. Each store closure represents not just lost jobs but a further erosion of the retail ecosystem that anchors these commercial properties. Mall operators and landlords, many of whom are themselves navigating financial stress, will be forced to find replacement tenants in a market where demand for physical retail space continues to contract.

...By loading companies with debt to fund acquisitions, private equity firms can generate attractive returns for their investors even as the underlying businesses deteriorate. When the music stops — as it has for Eddie Bauer — it is employees, creditors, and communities that bear the heaviest costs.

The company’s journey through corporate ownership has also contributed to its current predicament. Eddie Bauer has changed hands multiple times over the past two decades, passing through a series of private equity owners and corporate parents. This revolving door of ownership often brought leveraged buyouts that loaded the company with debt while extracting value through management fees and dividends. The pattern is a familiar one in American retail: a heritage brand with strong consumer recognition is acquired, leveraged, and ultimately left without the financial flexibility to invest in the innovation, marketing, and digital infrastructure needed to compete in a rapidly evolving market....

Reevemark handles Eddie Bauer LLC as the retailer inks a Chapter 11 restructuring pact that has it conducting liquidation sales at its US and Canadian stores while working to find a buyer for either all of or part of the chain. Wholesale and e-commerce activities are not affected by the wind-down....

...Marc Rosen, CEO of EB parent Catalyst Brands, said the retail operation faced declining sales and supply chain issues. Inflation and tariff uncertainty exacerbated EB’s dire situation. Going the Chapter 11 route was a difficult decision but one that maximizes value for all stakeholders, according to Rosen. Reevemark has Hugh Burns, Renee Soto and Luc Herbowy working the Chapter 11 process.

...At roughly 3,000 square feet, the store features a curated assortment of running, basketball, lifestyle and apparel products. It also features athlete storytelling and will celebrate “the intersection of Chinese American heritage, sport, and performance innovation.” Dive Insight: Anta is making moves in the U.S. market.

Dive Brief: Weeks after Anta Sports acquired a stake in Puma, namesake brand Anta is opening its first flagship store in the U.S. Located in Beverly Hills, California, the store will open Friday and ...

CBS NEWS) – Sources from CBS News say that Eddie Bauer said Monday that it has declared bankruptcy — the third time the 106-year-old outdoor apparel retailer has filed for Chapter 11 protection from its debts. The Bellevue, Washington-based company, which operates roughly 180 stores across the U.S. and Canada, said its retail locations will continue serving customers as the company starts winding down some stores....

...“This is not an easy decision,” Marc Rosen, CEO of Catalyst Brands, which holds the license to operate Eddie Bauer stores in the U.S. and Canada, said in a statement. “However, this restructuring is the best way to optimize value for the retail company’s stakeholders and also ensure Catalyst Brands remains profitable and with strong liquidity and cash flow.”

CBS NEWS) – Sources from CBS News say that Eddie Bauer said Monday that it has declared bankruptcy — the third time the 106-year-old outdoor apparel retailer has filed for Chapter 11 protection from its debts. The Bellevue, Washington-based company, which operates roughly 180 stores across the U.S. and Canada, said its retail locations will continue serving customers as the company starts winding down some stores. Its e-commerce and wholesale operations are not affected by the filing because they are operated separately....

The future of Eddie Bauer’s Canadian stores is hinging on whether the company can find a buyer. The apparel retailer announced Monday that it is looking to sell the 220 stores it has across Canada and the U.S. after filing for bankruptcy protection south of the border. It said a similar filing was impending in Canada, where its website listed 31 stores, predominantly in Ontario....

Catalyst Brands was formed last year through a merger between U.S. department store JCPenney and SPARC Group, a retail holding company that acquired the Eddie Bauer brand in May 2021. Before Catalyst Brands was conceived, CEO Marc Rosen said Monday that Eddie Bauer was already “in a challenged situation, with declining sales, supply chain challenges and other issues.” “Over the past year, these challenges have been exacerbated by various headwinds, including increased costs of doing business due to inflation, ongoing tariff uncertainty, and other factors,” he said in a news release. “While the leadership team at Catalyst was able to make significant strides in the brand, including rapid improvements in product development and marketing, those changes could not be implemented fast enough to fully address the challenges created over several years.”

...Lululemon cuts 100 part-time jobs in customer care division Its more recent history, however, has been one of struggles. It has filed for creditor protection twice before and while it has rebounded under new ownership several times, it has not been able to garner the same appeal as hit brands like Patagonia and The North Face.

An iconic American outdoors brand is being forced to rethink its business route, with a major operator filing for bankruptcy amid plummeting sales. The operator of roughly 180 Eddie Bauer stores across the US and Canada has filed for Chapter 11 bankruptcy protection, citing declining sales and a host of other industry challenges. This marks the third bankruptcy in just over two decades for the storied - but increasingly struggling - brand, which began as a Seattle fishing shop in 1920....

An iconic American outdoors brand is being forced to rethink its business route, with a major operator filing for bankruptcy amid plummeting sales. The operator of roughly 180 Eddie Bauer stores across the US and Canada has filed for Chapter 11 bankruptcy protection, citing declining sales and a host of other industry challenges. This marks the third bankruptcy in just over two decades for the storied - but increasingly struggling - brand, which began as a Seattle fishing shop in 1920. A spokesperson for Authentic Brands Group, which continues to own the Eddie Bauer brand and all associated intellectual property worldwide, told the Daily Mail that a new strategy is in place to ensure the brand endures for the next generation....

...In 2021, it was purchased by Authentic Brands and SPARC Group LLC. A year ago, Catalyst was formed through the merger of SPARC and JCPenney, which had been acquired by Simon Property Group and mall operator Brookfield out of bankruptcy. On Monday, Eddie Bauer LLC announced it had entered a restructuring agreement with its secured lenders as part of its Chapter 11 filing in the US Bankruptcy Court for the District of New Jersey.

By ANNE D’INNOCENZIO, AP Business Writer NEW YORK (AP) — The operator of roughly 180 Eddie Bauer stores across the U.S. and Canada has filed for Chapter 11 bankruptcy protection, blaming declining sales and a litany of other industry headwinds. The bankruptcy filing marks the third time in a little over two decades for the storied-but-now-tired brand that began as a Seattle fishing shop, later outfitted the first American to climb Mount Everest and made thousands of newfangled down jackets and sleeping bags for the military during World War II....

By ANNE D’INNOCENZIO, AP Business Writer NEW YORK (AP) — The operator of roughly 180 Eddie Bauer stores across the U.S. and Canada has filed for Chapter 11 bankruptcy protection, blaming declining sales and a litany of other industry headwinds. The bankruptcy filing marks the third time in a little over two decades for the storied-but-now-tired brand that began as a Seattle fishing shop, later outfitted the first American to climb Mount Everest and made thousands of newfangled down jackets and sleeping bags for the military during World War II. Eddie Bauer LLC said Monday it had entered into a restructuring pact with its secured lenders as it made the filing in the U.S. Bankruptcy Court for the District of New Jersey.

...“This is not an easy decision,” said Marc Rosen, CEO of Catalyst Brands, which maintains the license to operate Eddie Bauer stores in the U.S. and Canada. “However, this restructuring is the best way to optimize value for the retail company’s stakeholders and also ensure Catalyst Brands remains profitable and with strong liquidity and cash flow.” Eddie Bauer’s stores outside of the U.S. and Canada are operated by other licensees, are not included in the Chapter 11 filings, and will stay open, according to the release.

The operator of roughly 180 Eddie Bauer retail and outlet stores across the United States and Canada has filed for Chapter 11 bankruptcy protection, citing declining sales and mounting pressures across the retail industry. Eddie Bauer LLC said Monday that it entered into a restructuring agreement with its secured lenders and filed for bankruptcy in the U.S. Bankruptcy Court for the District of New Jersey....

A history of bankruptcies and ownership changes Following Spiegel’s bankruptcy in 2003, Eddie Bauer was reorganized as Eddie Bauer Holdings Inc. in 2005. The company filed for bankruptcy again in 200...

...Eddie Bauer LLC said Monday that it entered into a restructuring agreement with its secured lenders and filed for bankruptcy in the U.S. Bankruptcy Court for the District of New Jersey. The filing marks the third bankruptcy tied to the iconic outdoor brand in just over two decades. Most Eddie Bauer stores in the U.S. and Canada will remain open for now, though the company said it plans to wind down certain locations as part of the restructuring process....

Outdoor apparel retailer Eddie Bauer has filed for Chapter 11 bankruptcy and is weighing the sale of its stores in the U.S. and Canada as in-store sales have struggled in recent years. Eddie Bauer’s leadership announced Monday that through the court’s help, it plans to liquidate up to 200 stores “as quickly and efficiently as possible,” stating that inflation and tariffs have interfered with its ability to pay back around $1 billion in debt....

Outdoor apparel retailer Eddie Bauer has filed for Chapter 11 bankruptcy and is weighing the sale of its stores in the U.S. and Canada as in-store sales have struggled in recent years. Eddie Bauer’s leadership announced Monday that through the court’s help, it plans to liquidate up to 200 stores “as quickly and efficiently as possible,” stating that inflation and tariffs have interfered with its ability to pay back around $1 billion in debt. SEE ALSO: Bam Lands $60M to Build Rental Development in Coral Gables...

...“We are working to minimize the impact on the retail company’s employees, vendors, customers and other stakeholders,” Rosen continued. “However, this restructuring is the best way to optimize value for the retail company’s stakeholders and also ensure Catalyst Brands remains profitable and with strong liquidity and cash flow.” In the New York metro area, Eddie Bauer has retail locations in Paramus and at American Dream mall in East Rutherford, N.J. Eddie Bauer did not immediately respond to a request for further comment.

TORONTO — The future of Eddie Bauer’s Canadian stores is hinging on whether the company can find a buyer. The apparel retailer announced Monday that it is looking to sell the 220 stores it has across Canada and the U.S. after filing for bankruptcy protection south of the border. It said a similar filing was impending in Canada, where its website listed 31 stores, predominantly in Ontario....

Before Catalyst Brands was conceived, CEO Marc Rosen said Monday that Eddie Bauer was already “in a challenged situation, with declining sales, supply chain challenges and other issues.” “Over the pa...

...The apparel retailer announced Monday that it is looking to sell the 220 stores it has across Canada and the U.S. after filing for bankruptcy protection south of the border. It said a similar filing was impending in Canada, where its website listed 31 stores, predominantly in Ontario. Eddie Bauer LLC said locations on both sides of the border will remain open, but host liquidation sales as the court processes get underway and the company seeks a potential buyer....

By ANNE D’INNOCENZIO, AP Business Writer NEW YORK (AP) — The operator of roughly 180 Eddie Bauer stores across the U.S. and Canada has filed for Chapter 11 bankruptcy protection, blaming declining sales and a litany of other industry headwinds. The bankruptcy filing marks the third time in a little over two decades for the storied-but-now-tired brand that began as a Seattle fishing shop, later outfitted the first American to climb Mount Everest and made thousands of newfangled down jackets and sleeping bags for the military during World War I. Eddie Bauer LLC said Monday it had entered into a restructuring pact with its secured lenders as it made the filing in the U.S. Bankruptcy Court for the District of New Jersey.

By ANNE D’INNOCENZIO, AP Business Writer NEW YORK (AP) — The operator of roughly 180 Eddie Bauer stores across the U.S. and Canada has filed for Chapter 11 bankruptcy protection, blaming declining sales and a litany of other industry headwinds. The bankruptcy filing marks the third time in a little over two decades for the storied-but-now-tired brand that began as a Seattle fishing shop, later outfitted the first American to climb Mount Everest and made thousands of newfangled down jackets and sleeping bags for the military during World War I. Eddie Bauer LLC said Monday it had entered into a restructuring pact with its secured lenders as it made the filing in the U.S. Bankruptcy Court for the District of New Jersey.

By ANNE D’INNOCENZIO, AP Business Writer NEW YORK (AP) — The operator of roughly 180 Eddie Bauer stores across the U.S. and Canada has filed for Chapter 11 bankruptcy protection, blaming declining sales and a litany of other industry headwinds. The bankruptcy filing marks the third time in a little over two decades for the storied-but-now-tired brand that began as a Seattle fishing shop, later outfitted the first American to climb Mount Everest and made thousands of newfangled down jackets and sleeping bags for the military during World War I. Eddie Bauer LLC said Monday it had entered into a restructuring pact with its secured lenders as it made the filing in the U.S. Bankruptcy Court for the District of New Jersey.

What does that actually mean? Well, the space-age jacket is an example of adaptive outerwear, powered by Nike’s A.I.R. (Adapt. Inflate. Regulate.) technology. In other words, it enables athletes – read: anyone with a body – to respond in real-time to thermal conditions, inflating or deflating sections of the jacket according to their personal preferences, with warmth levels ranging from a hoodie to a mid-weight puffer....

...technology. In other words, it enables athletes – read: anyone with a body – to respond in real-time to thermal conditions, inflating or deflating sections of the jacket according to their personal preferences, with warmth levels ranging from a hoodie to a mid-weight puffer. This is made possible by a breakthrough two-layer composite laminate material that’s designed to be both durable and soft to the touch, creating a whole new sensation in performance outerwear....

...In other words, it enables athletes – read: anyone with a body – to respond in real-time to thermal conditions, inflating or deflating sections of the jacket according to their personal preferences, with warmth levels ranging from a hoodie to a mid-weight puffer. This is made possible by a breakthrough two-layer composite laminate material that’s designed to be both durable and soft to the touch, creating a whole new sensation in performance outerwear. And where better to debut this new innovation than this year’s home for the most elite competition in winter sports?

Eddie Bauer LLC filed for bankruptcy protection in New Jersey Monday, beginning liquidation sales at 180 of its outdoor apparel stores in the U.S. and Canada, while keeping the door open for a buyer to acquire the company’s entire brick-and-mortar retail business. The bankruptcy will not impact Eddie Bauer’s online sales, apparel manufacturing or wholesale sales businesses, which are owned and operated separately from the Eddie Bauer-branded retail stores....

Eddie Bauer LLC filed for bankruptcy protection in New Jersey Monday, beginning liquidation sales at 180 of its outdoor apparel stores in the U.S. and Canada, while keeping the door open for a buyer to acquire the company’s entire brick-and-mortar retail business. The bankruptcy will not impact Eddie Bauer’s online sales, apparel manufacturing or wholesale sales businesses, which are owned and operated separately from the Eddie Bauer-branded retail stores. The bankrupt Eddie Bauer retail company has $1.7 billion in debt, according to its court filings. Eddie Bauer, founded in Seattle, has sold outdoor sportswear for 106 years....

...Eddie Bauer’s retail and outlet stores will remain open during the bankruptcy sales. Eddie Bauer aims to get court approval for a potential sale by March 12, according to court filings. Eddie Bauer previously went bankrupt in 2009.

What distinguishes the ASICS deal is not its branding value but its architecture. In addition to performance footwear and apparel, the agreement covers travel, coaching allowances and physical therapy—inputs that, in elite sprinting, tend to be decisive rather than discretionary. For athletes operating at the margins of world-class performance....

Under collegiate scholarships, athletes enjoy world-class coaching, medical care, sports science, nutrition and competition schedules, often at no personal cost. The problem arises after graduation. ...

...It underlines a simple but often ignored reality: raw talent alone is insufficient without the systems that allow that talent to mature. Structure over cash benefits Globally, leading brands now combine capital with access to sports science, medical services, competition planning and research-led product development. For athletes from countries like Ghana, without fully resourced national high-performance systems, such arrangements effectively substitute for state-backed infrastructure.

"Seochon is home to a highly passionate running community," said Markus Morent, managing director of Adidas Korea, on Friday at the store's media opening. "As running communities continue to grow across Seoul, with more running routes developing around the palace area, we hope to contribute to Seochon's emergence as one of the city's key running hubs. " Seochon is known for popular running routes along Gyeongbokgung's stone walls and toward Inwangsan, making it a natural setting for a community-oriented running space. The managing director added that the store is intended to become not merely a retail outlet, but a hub that will connect local culture, runners and the brand's global running philosophy....

..." Seochon is known for popular running routes along Gyeongbokgung's stone walls and toward Inwangsan, making it a natural setting for a community-oriented running space. The managing director added that the store is intended to become not merely a retail outlet, but a hub that will connect local culture, runners and the brand's global running philosophy. The first floor features a courtyard-linked layout designed for rest and interaction, centered on a launch zone showcasing Seoul Marathon-related products and Adidas outdoor lines....

“Mr Ding wants Anta to be the biggest sportswear conglomerate in the world and over the past decade, he’s been going step by step in that direction,” said Morningstar analyst Ivan Su. A person with knowledge of Anta’s acquisition strategy said the Puma deal is unlikely to be Anta’s last....

– Anta Sports, China’s top sportswear company, has leapt onto the international stage with an acquisition-driven global portfolio, including January’s US$1.8 billion (S$2.3 billion) deal for a 29 pe...

“Mr Ding wants Anta to be the biggest sportswear conglomerate in the world and over the past decade, he’s been going step by step in that direction,” said Morningstar analyst Ivan Su. A person with knowledge of Anta’s acquisition strategy said the Puma deal is unlikely to be Anta’s last. “Anta is quite aggressive for a Chinese company and quite ambitious,” said the person, who declined to be named as they are not authorised to speak to the media ....

– Anta Sports, China’s top sportswear company, has leapt onto the international stage with an acquisition-driven global portfolio, including January’s US$1.8 billion (S$2.3 billion) deal for a 29 pe...

...“With Anta coming in, I expect more investment in larger, better stores that can elevate the brand image.” Puma brings missing global mass market scale With the Puma deal, Anta gains what its global portfolio lacks: a mass-market, globally recognised brand with strong resonance in the US and Europe. Anta has already begun pushing its own brand overseas....

...This is a hoodie you’ll live in. adidas Women’s Essentials Small Logo Sweatshirt $14.98 (was $45) Classic adidas vibes with ultra-soft comfort and sustainable materials. Perfect for layering or lounging....

As Under Armour enters what Plank called the next phase, he emphasized operating principles he has been communicating internally under the theme “Unleashing Intentionality,” which he described as selling “so much more, of so much less at a much higher full retail price.” Plank also outlined targeted leadership changes aimed at accelerating execution: Kara Trent named Chief Merchandising Officer with end-to-end responsibility for product mix, pricing, and margin performance. Adam Peake named President of the Americas....

...Kara Trent named Chief Merchandising Officer with end-to-end responsibility for product mix, pricing, and margin performance. Adam Peake named President of the Americas. Eric Liedtke named Chief Marketing Officer and EVP of Strategy. Yassine Saidi transitioned to an external senior advisor role, which Plank said is intended to ensure design continuity....

...Adam Peake named President of the Americas. Eric Liedtke named Chief Marketing Officer and EVP of Strategy. Yassine Saidi transitioned to an external senior advisor role, which Plank said is intended to ensure design continuity. Product focus: building pricing power in apparel while resetting footwear

...Now, however, the U.S. Equal Employment Opportunity Commission (EEOC) announced on February 4 that it had filed an action in federal court against Nike. Advertisement The EEOC is investigating Nike over its various diversity, equity, and inclusion (DEI) projects and goals for last year. The court filing, according to the federal agency, accuses Nike of "a pattern or practice of disparate treatment against white employees, applicants, and training program participants" based on DEI ideology.

...Advertisement The EEOC is investigating Nike over its various diversity, equity, and inclusion (DEI) projects and goals for last year. The court filing, according to the federal agency, accuses Nike of "a pattern or practice of disparate treatment against white employees, applicants, and training program participants" based on DEI ideology.

...Either that or it just assumed that it was too big to face any real consequences. For Our VIPs: Reagan’s Observations on Taxation and Government Spending Are Even More Urgent Today The EEOC press release on the court filing explains: Information sought included criteria used in selecting employees for layoffs; information related to the company’s tracking and use of worker race and ethnicity data, including as a factor in setting executive compensation; and information about 16 programs which allegedly provided race-restricted mentoring, leadership, or career development opportunities. When the company failed to produce all the information sought by the subpoena, the agency filed an enforcement action in federal court....

Nike and Adidas are set to face a challenger after China’s Anta Sports acquired a 29 per cent stake in Germany’s Puma for $1.8 billion, sharpening its push into the global big league of sportswear. T...

Nike and Adidas are set to face a challenger after China’s Anta Sports acquired a 29 per cent stake in Germany’s Puma for $1.8 billion, sharpening its push into the global big league of sportswear. The Fujian-based company now leads China’s sportswear market with a 23 per cent share, ahead of its Western rivals, and carries a market capitalisation of about $28 billion. Over the past decade, Anta has steadily assembled a diversified portfolio across price points and categories. Its brands include Fila in China and parts of Southeast Asia, Descente, Kolon Sport, MAIA Active, Jack Wolfskin and Amer Sports, the Finnish group it acquired for $6.29 billion in 2018 and relisted in 2024.

Nike and Adidas are set to face a challenger after China’s Anta Sports acquired a 29 per cent stake in Germany’s Puma for $1.8 billion, sharpening its push into the global big league of sportswear. T...

...The recent incident at the Langham Place branch reflected shortcomings in our operational management and resulted in an unpleasant experience. We sincerely apologise,” it said. The company said it was handling the matter seriously to prevent similar incidents from happening again. It said the temporary fitting room at the branch had been suspended and signs were added....

...The company said it was handling the matter seriously to prevent similar incidents from happening again. It said the temporary fitting room at the branch had been suspended and signs were added. The company would engage an independent consulting firm to carry out a comprehensive review of its fitting room designs to better protect customer privacy, it said. The staff member involved had been reassigned and the company would follow up based on the police investigation outcome, laws and internal guidelines, it added.

...It said the temporary fitting room at the branch had been suspended and signs were added. The company would engage an independent consulting firm to carry out a comprehensive review of its fitting room designs to better protect customer privacy, it said. The staff member involved had been reassigned and the company would follow up based on the police investigation outcome, laws and internal guidelines, it added.

...The U.S. Equal Employment Opportunity Commission (EEOC) is investigating Nike over the company’s treatment of its White employees in its corporate diversity policies. The investigation is one of the first high-profile cases of its kind under the Trump administration, which has urged workers to come forward with discrimination complaints. On Wednesday, the EEOC revealed that it filed a subpoena enforcement action in a Missouri court to force Nike to turn over records tied to allegations that the company discriminated against White workers, as part of its diversity, equity, and inclusion (DEI) program. The agency claims Nike may have engaged in “a pattern or practice of disparate treatment against White employees, applicants and training program participants in hiring, promotion, demotion, or separation decisions, including selection for layoffs; internship programs; and mentoring, leadership development and other career development programs.”

...“We have shared thousands of pages of information and detailed written responses to the EEOC’s inquiry and are in the process of providing additional information.” “We are committed to fair and lawful employment practices and follow all applicable laws, including those that prohibit discrimination,” the statement continued. “We believe our programs and practices are consistent with those obligations and take these matters seriously....

OAN Staff Cory Hawkins 8:26 PM – Thursday, February 5, 2026 The U.S. Equal Employment Opportunity Commission (EEOC) is investigating Nike over the company’s treatment of its White employees in its corporate diversity policies. The investigation is one of the first high-profile cases of its kind under the Trump administration, which has urged workers to come forward with discrimination complaints....

Royal Challengers Bengaluru lifted the women’s league title for the second time on Friday, confirming that winning is no longer an exception for the franchise, it is now the norm. To mark the moment, ...

...Tee featuring the same slogan, available for fans through its official online channels. As RCB’s official kit partner since the launch of WPL, PUMA has been closely tied to this journey while continuing to heavily invest in women’s sport through long-term partnerships. With another title secured, the image says it best: this is what consistency looks like, and RCB is setting the pace.

In its filing, the EEOC says the charges were not triggered by internal complaints from workers, but were “based on publicly available information regarding Nike,” including the company’s public pledges to have “30% representation of racial and ethnic minorities at Director level and above in the U.S.,” and 35% representation across its entire U.S. corporate workforce. The EEOC said in the filing that it has gone to court because the company provided some, but not all, of the data the agency requested on the racial and ethnic makeup of its workforce following the issuance of a subpoena last September. “Respondent NIKE’s failure to comply with the subpoena has delayed and hampered the EEOC’s investigation of alleged unlawful employment practices under Title VII” of the Civil Rights Act of 1964, the motion states.

...The Equal Employment Opportunity Commission (EEOC) filed its motion this week in U.S. District Court for the Eastern District of Missouri, where Nike has a factory that produces its famous AIR footwear technology. The agency’s charges against Nike date to 2024, when commission member, and current Trump-appointed chair, Andrea Lucas alleged that Nike had been engaging in a pattern of discriminatory practices, including “race-based workforce representation quotas,” and hiring, promotion, demotion and firing decisions that were a function of “disparate treatment against White employees, applicants, and training program participants.”

In its filing, the EEOC says the charges were not triggered by internal complaints from workers, but were “based on publicly available information regarding Nike,” including the company’s public pledg...

Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The Equal Employment Opportunity Commission (EEOC) is seeking a court order for investigating systemic race discrimination allegations against white workers by footwear and apparel corporation Nike Inc., according to a Feb. 4 statement from the agency. The EEOC filed an action in federal court to compel Nike, headquartered in Oregon, to produce information related to allegations that the company discriminated against white workers as part of its diversity, equity, and inclusion (DEI) programs. According to the filing made by EEOC in the U.S. District Court for the Eastern District of Missouri, the agency is looking to enforce an administrative subpoena against Nike for failing to submit the required information, which was initially requested in 2024 by then-commissioner, and now chair, Andrea Lucas.

DEI policies violate civil-rights laws, while undermining national unity, as “they deny, discredit, and undermine the traditional American values of hard work, excellence, and individual achievement in favor of an unlawful, corrosive, and pernicious identity-based spoils system,” said Trump’s Jan. 31 executive order. In 2024, nonprofit law firm America First Legal filed a federal civil rights complaint with EEOC against Nike alleging racial and sex discrimination in violation of Title VII. The firm said in a statement at the time that Nike appeared to be using numerical quotas for hiring, training, and promotion....

Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The Equal Employment Opportunity Commission (EEOC) is seeking a court order for investigating systemic race discrimination allegations against white workers by footwear and apparel corporation Nike Inc., according to a Feb. 4 statement from the agency. The EEOC filed an action in federal court to compel Nike, headquartered in Oregon, to produce information related to allegations that the company discriminated against white workers as part of its diversity, equity, and inclusion (DEI) programs. According to the filing made by EEOC in the U.S. District Court for the Eastern District of Missouri, the agency is looking to enforce an administrative subpoena against Nike for failing to submit the required information, which was initially requested in 2024 by then-commissioner, and now chair, Andrea Lucas.

In its filing, the EEOC says the charges were not triggered by internal complaints from workers, but were “based on publicly available information regarding Nike,” including the company’s public pledg...

EEOC alleges anti-white discrimination at Nike, seeks court enforcement of subpoena Posted/updated on: February 5, 2026 at 4:31 pm (WASHINGTON) -- The federal agency that investigates workplace discrimination is seeking court enforcement of a subpoena it has issued to Nike as it pursues allegations that the athletic apparel maker has been discriminating against its white employees in its corporate diversity policies. The Equal Employment Opportunity Commission (EEOC) filed its motion this week in U.S. District Court for the Eastern District of Missouri, where Nike has a factory that produces its famous AIR footwear technology. The agency's charges against Nike date to 2024, when commission member, and current Trump-appointed chair, Andrea Lucas alleged that Nike had been engaging in a pattern of discriminatory practices, including “race-based workforce representation quotas,” and hiring, promotion, demotion and firing decisions that were a function of “disparate treatment against White employees, applicants, and training program participants."

In its filing, the EEOC says the charges were not triggered by internal complaints from workers, but were “based on publicly available information regarding Nike,” including the company’s public pledg...

So, the federal government is out here actively fishing for white people who have anti-white discrimination claims, which one wouldn’t have to do for the largest racial demographic in the nation if it...

...It just keeps tossing around words like “systemic” to describe unspecified “allegations” that the company is discriminating against white people. In fact, instead of citing any specific allegations from actual people who claim the sportswear company discriminated against them, the Trump-appointed EEOC chair, Andrea Lucas cited “compelling indications” that Nike’s DEI practices “may violate federal prohibitions against race discrimination,” which, again, indicates that the EEOC’s action is based solely on the fact that the company boasts about its commitment to diversity. It’s worth mentioning that this is the same Andrea Lucas who literally put out a video advertisement, soliciting white men to come forward with their reverse-racism claims.

Anyway, the administration’s Equal Employment Opportunity Commission has announced it is investigating Nike over vague allegations that it discriminated against white people. *yawn* Whatever, let’s get into it… The EEOC said in a press release that it “seeks court order for information related to systemic race discrimination allegations that athletic footwear and apparel giant discriminated against white workers,” which it seems to be basing largely on the fact that the company maintains a diversity, equity and inclusion page on its website, which notes that Nike is committed to “creating a workforce that represents different backgrounds, experiences and perspectives.” The horror, right?

The U.S. Equal Employment Opportunity Commission (EEOC) has launched an investigation into Nike’s hiring practices due to allegations of discrimination against white employees. America First Legal (AFL) filed a civil rights complaint against Nike with the EEOC in 2024....

The U.S. Equal Employment Opportunity Commission (EEOC) has launched an investigation into Nike’s hiring practices due to allegations of discrimination against white employees. America First Legal (AFL) filed a civil rights complaint against Nike with the EEOC in 2024. “The Company’s ‘2025 Targets Summary’ reveals that Nike appears to use numerical quotas for hiring, training, and promotion,” according to AFL....

Nike received a regular subpoena but did not respond, prompting the EEOC to take the next step. “When there are compelling indications, including corporate admissions in extensive public materials, that an employer’s Diversity, Equity, and Inclusion-related programs may violate federal prohibitions against race discrimination or other forms of unlawful discrimination, the EEOC will take all necessary steps—including subpoena enforcement actions—to ensure the opportunity to fully and comprehensively investigate,” said EEOC Chair Andrea Lucas. The EEOC requested documents and information going back to 2018: Information sought included criteria used in selecting employees for layoffs; information related to the company’s tracking and use of worker race and ethnicity data, including as a factor in setting executive compensation; and information about 16 programs which allegedly provided race-restricted mentoring, leadership, or career development opportunities....

The dispute turned on the interpretation of the policies’ “single claims” or “related claims” provisions. Those provisions defined a single claim to include claims arising from the same wrongful act or from interrelated wrongful acts that are “logically or causally related,” and deemed such claims first made during the earliest applicable policy period. The defendant faced a series of civil lawsuits between 2016 and 2018 alleging misleading public statements about financial performance, as well as confidential investigations by the Securities and Exchange Commission focused on revenue “pull-forward” practices. The matters ultimately resulted in settlements exceeding $443 million....

RALEIGH, NC — The 4th U.S. Circuit Court of Appeals reversed a federal district court ruling that had expanded directors and officers (D&O) insurance coverage for the defendant, holding that claims tied to accounting practices and related public statements constituted a single claim under the policies at issue. Multiple insurers sought review after the U.S. District Court for the District of Maryland ruled that government investigations into the defendant’s accounting practices triggered a separate $100 million layer of coverage under a 2017–2018 D&O policy. The insurers argued that the investigations were interrelated with earlier securities class actions and shareholder derivative demands, and therefore fell within the limits of a 2016–2017 policy.

...The defendant faced a series of civil lawsuits between 2016 and 2018 alleging misleading public statements about financial performance, as well as confidential investigations by the Securities and Exchange Commission focused on revenue “pull-forward” practices. The matters ultimately resulted in settlements exceeding $443 million. The defendant contended that the government investigation involved distinct conduct and therefore triggered additional coverage under a later policy period.

One of the claims against Nike was filed with the EEOC was by America First Legal. The company’s website indicated a release that said it filed its federal civil rights complaint with the EEOC on Jan. 11, 2024. America First Legal charged Nike with allegations of racial and sex discrimination against White males....

Nike Inc. appears to be the latest example of how President Trump’s administration has escalated efforts to challenge diversity efforts across corporate America. As reported, the U.S. Equal Employment Opportunity Commission (EEOC) on Wednesday filed an action for enforcement of an EEOC administrative subpoena against the athletic firm seeking the production of documents in connection to a discrimination probe. More specifically, the EEOC is probing “systemic allegations” involving DEI-related intentional race discrimination against White employees and job applicants....

Among the eight executive officers listed in the annual report, Nike’s executive vice president and chief commercial officer Craig Williams was the only one listed who isn’t white. As part of changes to the Swoosh’s senior leadership team, Williams was one of the employees whose role was eliminated....

Nike has unveiled an innovative inflatable jacket for Team USA for the 2026 Milan Cortina Olympics, which can transform from a windbreaker to a mid-weight puffer with the push of a button. "You're able to take a jacket that looks like a windbreaker when it's deflated, but when you add air to it, you're able to take it all the way up to a mid-weight puffer," said Danielle Ekayembe from Nike's Apparel Innovation Team....

..."And so, instead of putting on so many layers and managing your warmth that way, you actually just have one garment that's able to meet all of those insulation needs at the push of a button. "The jacket comes with a rechargeable pump and takes about 30 seconds to fully inflate. While the jacket is currently not available for purchase, Ekayembe said, "So this is specifically being gifted to Team USA....

...And then obviously, yes, we will eventually also be retailing this. "Nike first experimented with inflatable clothing 20 years ago, and this latest innovation marks a significant advancement in their apparel technology.

A Trump appointee is calling for a deep dive into Nike’s business practices as part of the administration’s efforts to abolish DEI. The US Equal Employment Opportunity Commission (EEOC) said on Wednesday that it had filed a court motion to compel Nike to produce information related to allegations of “intentional race discrimination” against white employees. Despite no employees speaking out, the February 4 filing relates to a suspected pattern of discrimination in “hiring, promotion, demotion, or separation decisions, including selection for layoffs; internship programs; and mentoring, leadership development and other career development programs.”...

...Despite no employees speaking out, the February 4 filing relates to a suspected pattern of discrimination in “hiring, promotion, demotion, or separation decisions, including selection for layoffs; internship programs; and mentoring, leadership development and other career development programs.” “The E.E.O.C. seeks information directly relevant to the allegations that Nike subjected white employees, applicants, and training program participants to disparate treatment based on race in various employment decisions, including layoffs, internship programs, mentoring, leadership development, and other career development programs,” the commission said in the motion.

The agency said it took the action after Nike failed to respond to a subpoena for various information, including the criteria used in selecting employees for redundancies and setting executives’ pay. EEOC chair, Andrea Lucas, an ardent critic of racial diversity initiatives who was appointed last year by President Donald Trump, said US anti-discrimination law is “colour-blind” and protects employees of “all races”....

Popular outdoor apparel brand Eddie Bauer is reportedly preparing to file for bankruptcy, which could mean the closure of its North American stores, including those in Ottawa. Women’s Wear Daily reported last week that Catalyst Brands, which owns the licensing rights to distribute Eddie Bauer products in retail stores, intends to file Chapter 11 bankruptcy […]

Popular outdoor apparel brand Eddie Bauer is reportedly preparing to file for bankruptcy, which could mean the closure of its North American stores, including those in Ottawa. Women’s Wear Daily reported last week that Catalyst Brands, which owns the licensing rights to distribute Eddie Bauer products in retail stores, intends to file Chapter 11 bankruptcy […]

...Founded in Seattle in 1920, the company built its reputation on functional outdoor clothing and innovation, including the first patented quilted down jacket in the United States. The brand has filed for bankruptcy twice before, in 2003 and 2009, before being acquired in 2021 by Authentic Brands Group in partnership with Simon Property Group through the Sparc joint venture. Sparc later became part of Catalyst Brands, which also operates retailers such as JCPenney....

Keith Lusher 02.05.26 Outdoor apparel retailer Eddie Bauer could be facing widespread store closures across the United States and Canada in 2026 as the company that operates its North American brick-and-mortar locations prepares a Chapter 11 bankruptcy filing. Sources familiar with the situation say an entity of Catalyst Brands, which runs Eddie Bauer’s roughly 180 to 200 stores in the region, is positioning the filing as a way to shed costly leases and reduce inventory-related liabilities. Most, if not all, of the brand’s mall and outlet locations could ultimately close, though a small number of higher-performing stores may survive if another operator steps in....

NEW YORK — The federal agency for protecting workers' civil rights revealed Wednesday that it is investigating sportswear giant Nike for allegedly discriminating against white employees through its diversity policies. The Equal Employment Opportunity Commission disclosed the investigation in a motion filed in Missouri federal court demanding that Nike fully comply with a subpoena for information....

...It is unclear how many other companies the EEOC may be targeting through such commissioner's charges. The EEOC is prohibited from revealing any charge — by workers or commissioners — unless it results in fines, settlements, legal action or other such public actions. Lucas' charge, according to court filings, was based on Nike's publicly shared information about its commitment to diversity, including statements from executives and proxy statements. The charge, for example, cited Nike's publicly stated goal in 2021 of achieving 35% representation of racial and ethnic minorities in its corporate workforce by 2025.

NEW YORK — The federal agency for protecting workers' civil rights revealed Wednesday that it is investigating sportswear giant Nike for allegedly discriminating against white employees through its diversity policies. The Equal Employment Opportunity Commission disclosed the investigation in a motion filed in Missouri federal court demanding that Nike fully comply with a subpoena for information. The EEOC sought the company's criteria for selecting employees for layoffs, how it tracks and uses worker race and ethnicity data, and information about programs which allegedly provided race-restricted mentoring, leadership, or career development opportunities, according to court documents. In a statement, Nike said the company has worked to cooperate with the EEOC and the subpoena "feels like a surprising and unusual escalation....

The federal agency that enforces U.S. workplace discrimination laws said Wednesday it is investigating Nike over allegations that its diversity initiatives unlawfully discriminated against White employees and job applicants, according to a court filing. Reuters reported that the Equal Employment Opportunity Commission (EEOC) said Nike has refused to comply with a subpoena seeking information, including data on the racial and ethnic makeup of the global athletic apparel and footwear company based in Beaverton, Oregon....

...Reuters reported that the Equal Employment Opportunity Commission (EEOC) said Nike has refused to comply with a subpoena seeking information, including data on the racial and ethnic makeup of the global athletic apparel and footwear company based in Beaverton, Oregon. NIKE PLANS TO CUT HUNDREDS OF JOBS AMID AUTOMATION PUSH The subpoenas also seek a roster of employees selected for mentoring and development programs. The commission said the investigation centers on claims that Nike deliberately treated White employees and job applicants unfairly, including allegations that they were disproportionately targeted for layoffs. The agency said it is seeking the records to determine whether Nike violated federal anti-discrimination law.

...NIKE PLANS TO CUT HUNDREDS OF JOBS AMID AUTOMATION PUSH The subpoenas also seek a roster of employees selected for mentoring and development programs. The commission said the investigation centers on claims that Nike deliberately treated White employees and job applicants unfairly, including allegations that they were disproportionately targeted for layoffs. The agency said it is seeking the records to determine whether Nike violated federal anti-discrimination law.

By ALEXANDRA OLSON and CLAIRE SAVAGE NEW YORK (AP) — The federal agency for protecting workers’ civil rights revealed Wednesday that it is investigating sportswear giant Nike for allegedly discriminating against white employees through its diversity policies. The Equal Employment Opportunity Commission disclosed the investigation in a motion filed in Missouri federal court demanding that Nike fully comply with a subpoena for information. The EEOC sought the company’s criteria for selecting employees for layoffs, how it tracks and uses worker race and ethnicity data, and information about programs which allegedly provided race-restricted mentoring, leadership, or career development opportunities, according to court documents....

The disclosure comes two months after Lucas posted a social media call-out urging white men to come forward if they have experienced race or sex discrimination at work. The post urged eligible workers to reach out to the agency “as soon as possible” and referred users to the agency’s fact sheet on DEI-related discrimination. The investigation against Nike, however, does not stem from any worker complaint against the company. Rather, Lucas filed her own complaint in May 2024 through a more rarely used tool known as a commissioner’s charge, according to the court documents. Her charge came just months after America First Legal, a conservative legal group founded by top Trump adviser Stephen Miller, sent the EEOC a letter outlining complaints against Nike and urging the agency to file a commissioner’s charge.

Many U.S. companies made similar commitments in the wake of the widespread 2020 racial justice protests that followed the police killing of George Floyd, an unarmed Black man. Companies have said such commitments are not quotas but rather goals they hoped to achieve through methods such as widening recruitment efforts and rooting out any bias during hiring process. Under Title VII of the Civil Rights Act, employers are prohibited from using race as a criteria for hiring or other employment decisions. Lucas has long warned that many companies risk crossing that line through DEI efforts that would pressure managers to make race-based decisions. In its statement, Nike said it follows “all applicable laws, including those that prohibit discrimination....

The US Equal Employment Opportunity Commission has opened an investigation into Nike, alleging the sportswear giant discriminated against white employees, including through its diversity, equity and inclusion programmes. In court documents, the agency said it has asked Nike to turn over information on how the company selected employees for layoffs, how it tracks and uses race and ethnicity data and details on 16 programmes that allegedly offered race-restricted mentoring, leadership and career development opportunities....

The US Equal Employment Opportunity Commission has opened an investigation into Nike, alleging the sportswear giant discriminated against white employees, including through its diversity, equity and inclusion programmes. In court documents, the agency said it has asked Nike to turn over information on how the company selected employees for layoffs, how it tracks and uses race and ethnicity data and details on 16 programmes that allegedly offered race-restricted mentoring, leadership and career development opportunities. The EEOC said it has received complaints about the brand dating back to 2018....

...Nike has also arguably stepped back in recent years, opting not to publish a 2025 impact report and scaling back high-profile initiatives such as Black History Month and Pride collections. Even so, the brand has long been viewed as one of the more progressive players in fashion, particularly for its visible championing of diverse athletes. In its filing, the EEOC invoked Title VII’s prohibition on race-based employment discrimination — a statute historically used to protect workers of colour and other marginalised groups from exclusion. The agency’s argument effectively turns that framework on its head, asserting that Nike’s DEI policies may have disadvantaged white employees. Learn more: Five Years After George Floyd: Can Fashion Still Stand for Something?

(CBS NEWS) – According to CBS, the U.S. Equal Employment Opportunity Commission, a federal agency that enforces laws against workplace discrimination, said Wednesday that it is investigating Nike over allegations that the athletic apparel manufacturer discriminated against White workers. The EEOC alleges in a court filing on Wednesday that Nike may have engaged in “a pattern or practice of disparate treatment against White employees, applicants and training program participants” with respect to hiring, promotion, workplace development and layoffs....

“We are committed to fair and lawful employment practices and follow all applicable laws, including those that prohibit discrimination,” the spokesperson said. “We believe our programs and practices a...

(CBS NEWS) – According to CBS, the U.S. Equal Employment Opportunity Commission, a federal agency that enforces laws against workplace discrimination, said Wednesday that it is investigating Nike over allegations that the athletic apparel manufacturer discriminated against White workers. The EEOC alleges in a court filing on Wednesday that Nike may have engaged in “a pattern or practice of disparate treatment against White employees, applicants and training program participants” with respect to hiring, promotion, workplace development and layoffs. “Unusual escalation” A Nike spokesperson said the company has provided the agency with information in an effort to “engage constructively” with the EEOC, calling the probe a “surprising and unusual escalation.”

146 Nike is facing a federal investigation in the United States after a top government agency said the company may have discriminated against white workers. The US Equal Employment Opportunity Commission (EEOC) announced on Wednesday that it has taken legal action to look into the case. According to reports, the EEOC filed a subpoena enforcement action in federal court in Missouri to force Nike to hand over information it needs for the investigation....

...The US Equal Employment Opportunity Commission (EEOC) announced on Wednesday that it has taken legal action to look into the case. According to reports, the EEOC filed a subpoena enforcement action in federal court in Missouri to force Nike to hand over information it needs for the investigation. The legal action says that Nike’s Diversity, Equity, and Inclusion (DEI) programs and targets may have led to unfair treatment of white employees, job applicants, and people in training programs....

...The EEOC also thanked President Donald Trump’s commitment to enforcing our nation’s civil rights laws, saying that the agency has renewed its focus on enforcing protections under the Civil Rights Act of 1964, as per reports. Nike Commented After EEOC Statement Nike has responded to the investigation. A spokesperson called the enforcement action “a surprising and unusual escalation.” Nike says it has provided “thousands of pages of information” and written responses to the EEOC.

Nike "failed to fully provide the information sought," the US Equal Employment Opportunity Commission (EEOC) said in a filing that asked a US court in Missouri to enforce the subpoena. The filing cited 2024 charges from EEOC Commissioner Andrea Lucas that Nike may have violated the law "by engaging in a pattern or practice of disparate treatment against White employees, applicants and training programs" and by setting targets that 30 percent of Nike staff in senior position be held by racial and ethnic minorities....

"We have shared thousands of pages of information and detailed written responses to the EEOC's inquiry and are in the process of providing additional information," Nike said in an email to AFP. "We are committed to fair and lawful employment practices and follow all applicable laws, including those that prohibit discrimination," the company said, adding that it believes its programs comply with the law and that it will respond to the petition. Nike has at times marketed itself around social and political stances, unveiling major advertising campaigns centered on former NFL player Colin Kaepernick, who protested racial discrimination in policing....

...She has been an outspoken critic of programs promoting diversity, equity and inclusion (DEI). Nike described the EEOC's action as a "surprising and unusual escalation," saying it has had "extensive, good-faith" engagement on the inquiry.

In a statement, Nike said the company has worked to cooperate with the EEOC and the subpoena "feels like a surprising and unusual escalation." "We have shared thousands of pages of information and detailed written responses to the EEOC's inquiry and are in the process of providing additional information," Nike said in a statement sent to the AP....

...EEOC Chair Andrea Lucas has moved swiftly to target diversity and inclusion policies that she has long criticized as potentially discriminatory, tightly aligning the agency with one of President Trump's top priorities. Nike appears to be the highest profile company the EEOC has targeted with a publicly confirmed, formal anti-DEI investigation. In November, the EEOC issued a similar subpoena against financial services provider Northwestern Mutual.

...Rather, Lucas filed her own complaint in May 2024 through a more rarely used tool known as a commissioner's charge, according to the court documents. Her charge came just months after America First Legal, a conservative legal group founded by top Trump adviser Stephen Miller, sent the EEOC a letter outlining complaints against Nike and urging the agency to file a commissioner's charge.

Feb. 4 (UPI) -- The Equal Employment Opportunity Commission filed a federal lawsuit seeking information regarding allegations of discrimination against athletic shoemaker Nike Inc. The EEOC has received complaints of systemic race discrimination against white workers via Nike's diversity, equity and inclusion programs and other mechanisms, the federal agency said in a news release on Wednesday. The EEOC filed its request for a court order for information on the matter in the U.S. District Court for Eastern Missouri, which is located in St. Louis....

"Title VII's prohibition of race-based employment discrimination is colorblind and requires the EEOC to protect employees of all races from unlawful employment practices," Lucas said. The federal agency is investigating claims that accuse Nike of engaging in a "pattern or practice of disparate treatment against white employees, applicants and training program participants in hiring, promotion, demotion or separation decisions," the EEOC said in a news release. The alleged discrimination includes selections for layoffs, internship programs and mentoring, leadership development and other career development programs, according to the EEOC....

...The alleged discrimination includes selections for layoffs, internship programs and mentoring, leadership development and other career development programs, according to the EEOC. The agency's investigation and subsequent subpoena seek information involving allegations dating back to 2018, including the criteria used when choosing which workers would be laid off and the company's tracking and use of worker race and ethnicity data. The EEOC wants information on 16 Nike programs that are said to have provided race-restricted mentoring, leadership and career development opportunities. Agency officials initially sought voluntary cooperation from Nike while undertaking the investigation....

The federal agency that enforces US workplace discrimination laws said Wednesday it is investigating Nike over allegations that its diversity initiatives unlawfully discriminated against white employees and job applicants, according to a court filing. Reuters reported that the Equal Employment Opportunity Commission (EEOC) said Nike has refused to comply with a subpoena seeking information, including data on the racial and ethnic makeup of the global athletic apparel and footwear company based in Beaverton, Oregon. The subpoenas also seek a roster of employees selected for mentoring and development programs....

...The subpoenas also seek a roster of employees selected for mentoring and development programs. The commission said the investigation centers on claims that Nike deliberately treated white employees and job applicants unfairly, including allegations that they were disproportionately targeted for layoffs. The agency said it is seeking the records to determine whether Nike violated federal anti-discrimination law. Nike disputed the commission’s characterization of its cooperation, saying in a statement that it has participated extensively and in good faith in the agency’s inquiry.

The federal agency that enforces US workplace discrimination laws said Wednesday it is investigating Nike over allegations that its diversity initiatives unlawfully discriminated against white employe...

The U.S. Equal Employment Opportunity Commission (EEOC) on Wednesday filed an action for enforcement of an EEOC administrative subpoena against Nike Inc., seeking the production of documents in connection to a discrimination probe. The action, filed in a federal district court in St. Louis, was brought pursuant to Sections 709 and 710 of Title VII of the Civil Rights Act of 1964 in connection with alleged unlawful employment practices....

The spokesperson emphasized that Nike is committed to fair and lawful employment practices and follows all applicable laws, “including those that prohibit discrimination.” This individual added: “We believe our programs and practices are consistent with those obligations and take these matters seriously....

The document also said that between December 2024 and June 2025, the EEOC issued three requests to Nike for information, but that the athletic firm was determined to have “failed to fully provide the information sought in the requests,” noting that also that the EEOC also sought “additional information” to further its investigation. In a statement Wednesday, the EEOC said some of the requests for information go back to 2018....

The U.S. Equal Employment Opportunity Commission (EEOC) announced Wednesday it has launched an investigation into Nike over programs that the agency alleges may have discriminated against white employees. The EEOC said it had filed an action in federal court in Missouri to compel Nike to produce information related to “systemic race discrimination allegations,” including as a result of the company’s diversity, equity and inclusion (DEI) targets in 2025 and other DEI-related initiatives, according to a news release. The move comes amid the Trump administration’s ongoing efforts to crack down on DEI programs nationwide....

The EEOC also alleged that the footwear and apparel giant may have engaged in “a pattern or practice of disparate treatment against white employees, applicants and training program participants in hir...

The U.S. Equal Employment Opportunity Commission (EEOC) announced Wednesday it has launched an investigation into Nike over programs that the agency alleges may have discriminated against white employees. The EEOC said it had filed an action in federal court in Missouri to compel Nike to produce information related to “systemic race discrimination allegations,” including as a result of the company’s diversity, equity and inclusion (DEI) targets in 2025 and other DEI-related initiatives, according to a news release....

...The commission said the investigation centers on claims that Nike deliberately treated White employees and job applicants unfairly, including allegations that they were disproportionately targeted for layoffs. NIKE PLANS TO CUT HUNDREDS OF JOBS AMID AUTOMATION PUSH The agency said it is seeking the records to determine whether Nike violated federal anti-discrimination law.

The federal agency that enforces U.S. workplace discrimination laws said Wednesday it is investigating Nike over allegations that its diversity initiatives unlawfully discriminated against White employees and job applicants, according to a court filing. Reuters reported that the Equal Employment Opportunity Commission (EEOC) said Nike has refused to comply with a subpoena seeking information, including data on the racial and ethnic makeup of the global athletic apparel and footwear company based in Beaverton, Oregon. The subpoenas also seek a roster of employees selected for mentoring and development programs....

"We are committed to fair and lawful employment practices and follow all applicable laws, including those that prohibit discrimination," the spokesperson added. "We believe our programs and practices are consistent with those obligations and take these matters seriously....

ST. LOUIS (KPTV) - The U.S. Equal Employment Opportunity Commission has asked a federal court to order Nike Inc. to turn over records as part of an investigation into whether the company discriminated against white workers. The agency said it filed a subpoena enforcement action after Nike did not fully comply with requests for information tied to allegations of systemic race discrimination....

...The agency said it filed a subpoena enforcement action after Nike did not fully comply with requests for information tied to allegations of systemic race discrimination. The EEOC is investigating whether Nike engaged in a pattern or practice of treating white employees, job applicants and participants in training programs differently based on race. According to court filings provided by the government, the investigation focuses on employment decisions such as hiring, promotions, demotions, layoffs and separations, as well as internships, mentoring programs, leadership development and other career advancement programs.

...The EEOC is investigating whether Nike engaged in a pattern or practice of treating white employees, job applicants and participants in training programs differently based on race. According to court filings provided by the government, the investigation focuses on employment decisions such as hiring, promotions, demotions, layoffs and separations, as well as internships, mentoring programs, leadership development and other career advancement programs.

Eddie Bauer stores could be next on the chopping block. Catalyst Brands, which owns the license to operate Eddie Bauer stores across North America, is preparing to file for bankruptcy protection, a source close to the matter told Fast Company. The filing could cause the company to shutter all of its North American stores, the person said....

Eddie Bauer stores could be next on the chopping block. Catalyst Brands, which owns the license to operate Eddie Bauer stores across North America, is preparing to file for bankruptcy protection, a source close to the matter told Fast Company. The filing could cause the company to shutter all of its North American stores, the person said. Catalyst Brands also oversees Lucky Brand, Aéropostale, Nautica, Brooks Brothers and JCPenney, and has not yet confirmed the details of the filing....

Eddie Bauer stores could be next on the chopping block. Catalyst Brands, which owns the license to operate Eddie Bauer stores across North America, is preparing to file for bankruptcy protection, a source close to the matter told Fast Company. The filing could cause the company to shutter all of its North American stores, the person said....

Feb 4 (Reuters) - The U.S. agency that enforces laws banning workplace discrimination said in a court filing on Wednesday it is investigating Nike for allegedly discriminating against white people through its diversity policies. The Equal Employment Opportunity Commission said in the filing that the footwear and apparel company has refused to comply with a sprawling subpoena seeking information such as data on the racial and ethnic makeup of the company's workforce and a roster of employees chosen for mentoring and development programs....

...The U.S. agency that enforces laws banning workplace discrimination said in a court filing on Wednesday it is investigating Nike for allegedly discriminating against white people through its diversity policies. The Equal Employment Opportunity Commission said in the filing that the footwear and apparel company has refused to comply with a sprawling subpoena seeking information such as data on the racial and ethnic makeup of the company's workforce and a roster of employees chosen for mentoring and development programs. The commission said it is investigating whether Nike intentionally discriminated against white employees and job applicants, including by disproportionately targeting them for layoffs, and that it needs the information to determine whether Nike violated the law. A Nike spokesperson called the filing "a surprising and unusual escalation," saying the company is cooperating with the EEOC probe and has provided thousands of pages of information to the agency.

Feb 4 (Reuters) - The U.S. agency that enforces laws banning workplace discrimination said in a court filing on Wednesday it is investigating Nike for allegedly discriminating against white people through its diversity policies. The Equal Employment Opportunity Commission said in the filing that the footwear and apparel company has refused to comply with a sprawling subpoena seeking information such as data on the racial and ethnic makeup of the company's workforce and a roster of employees chosen for mentoring and development programs. The commission said it is investigating whether Nike intentionally discriminated against white employees and job applicants, including by disproportionately targeting them for layoffs, and that it needs the information to determine whether Nike violated the law....

Eddie Bauer stores could be next on the chopping block. Catalyst Brands, which owns the license to operate Eddie Bauer stores across North America, is preparing to file for bankruptcy protection, a source close to the matter told Fast Company. The filing could cause the company to shutter all of its North American stores, the person said. Catalyst Brands also oversees Lucky Brand, Aéropostale, Nautica, Brooks Brothers and JCPenney, and has not yet confirmed the details of the filing....

...WWD reported the potential filing last week, noting that it could happen sometime this month. None of the other brands under Catalyst will be affected by the potential filing. The company operates mainly across the US and Canada with about 180 locations. There are 20 international locations, according to reports....

Eddie Bauer stores could be next on the chopping block. Catalyst Brands, which owns the license to operate Eddie Bauer stores across North America, is preparing to file for bankruptcy protection, a source close to the matter told Fast Company. The filing could cause the company to shutter all of its North American stores, the person said....

What to know Nike is expanding its longstanding commitment to flag football by signing three leading federations — Canada, Great Britain and Mexico — as they make their way to the world’s biggest stage. Each partnership includes Nike’s support for the federation’s flag and tackle football teams across both their national and developmental programs....

...Each partnership includes Nike’s support for the federation’s flag and tackle football teams across both their national and developmental programs. In addition to outfitting the teams, Nike will also work with each federation to inform new football innovations; grow the game; and drive more access and opportunity for the next generation of athletes, especially girls. The Mexico men’s flag football team will be the first to debut its Nike uniforms February 5 during the Flag Football Showcase at the Super Bowl Experience in San Francisco.

In her new role as chief commercial officer, Natalizia will continue to report to Gymshark founder and chief executive Ben Francis. She succeeds Kim Dolder, who has left Gymshark after two years, including one year as chief commercial officer....

In her new role as chief commercial officer, Natalizia will continue to report to Gymshark founder and chief executive Ben Francis. She succeeds Kim Dolder, who has left Gymshark after two years, including one year as chief commercial officer. Natalizia will be responsible for scaling new business channels, introducing new products and leading Gymshark’s wider commercial strategy, while continuing to oversee the optimisation of the brand’s digital journey....

In her new role as chief commercial officer, Natalizia will continue to report to Gymshark founder and chief executive Ben Francis. She succeeds Kim Dolder, who has left Gymshark after two years, inc...

Our patented technology delivering industry-leading waterproofness in a post-PFAS world. OutDry Extreme combines enhanced functionality and sustainability as the base material is made from recycled textiles. As we look forward to the year ahead, our initial full-year net sales outlook contemplates growth of 1% to 3%....

We remain steadfast in our commitment to driving shareholder value, returning meaningful cash to shareholders, including $201 million in share repurchases, and $66 million in dividends. We continue to maintain our fortress balance sheet exiting the year with $791 million in cash and equivalents, and no debt....

...This is our first earnings call for Joe and Peter in their new roles. As announced in November, these role changes are part of our ongoing process to advance our succession plans. I’m glad to have such a strong bench of leadership to help grow the company over the coming years....

Under the terms of the agreement, Pattern will act as the exclusive distributor for the Reebok Smartwatch’ product portfolio on key ecommerce marketplaces. On December 10, 2025, ABG named Pattern its “Global Ecommerce Marketplace Accelerator and Premier TikTok Shop Partner”, tasking Pattern with optimizing e-commerce operations across a portfolio of more than 50 global brands....

...On December 10, 2025, ABG named Pattern its “Global Ecommerce Marketplace Accelerator and Premier TikTok Shop Partner”, tasking Pattern with optimizing e-commerce operations across a portfolio of more than 50 global brands. By aligning with Authentic’s macro-strategy, Vitalist gains immediate access to: Premier TikTok Shop Integration: Capitalizing on Pattern’s mandate to drive social commerce discovery and conversion across Authentic’s portfolio. Global Scale & Reach: Utilizing Pattern’s warehousing and logistics network to serve territories across the US and Canada....

...By aligning with Authentic’s macro-strategy, Vitalist gains immediate access to: Premier TikTok Shop Integration: Capitalizing on Pattern’s mandate to drive social commerce discovery and conversion across Authentic’s portfolio. Global Scale & Reach: Utilizing Pattern’s warehousing and logistics network to serve territories across the US and Canada. Advanced Brand Control: Deploying proprietary AI and “Predict” software to monitor unauthorized sellers and enforce pricing integrity.

(MENAFN- PR Newswire) PHILADELPHIA, Feb. 4, 2026 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC advises shareholders of Under Armour, Inc. (NYSE: UA ) ("Under Armour" or the "Company") about an investigation into the Company's Board of Directors (the "Board") for potential breaches of fiduciary duties owed to the Company and its shareholders in connection with reported cybersecurity events involving the Company's data systems. Shareholders of Under Armour may learn more about this investigation by contacting Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015 or Caitlin Adorni at [email protected] or (267)764-4865....

(MENAFN- PR Newswire) PHILADELPHIA, Feb. 4, 2026 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC advises shareholders of Under Armour, Inc. (NYSE: UA ) ("Under Armour" or the "Company") about an investigation into the Company's Board of Directors (the "Board") for potential breaches of fiduciary duties owed to the Company and its shareholders in connection with reported cybersecurity events involving the Company's data systems. Shareholders of Under Armour may learn more about this investigation by contacting Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015 or Caitlin Adorni at [email protected] or (267)764-4865....

The group said the US presence is aimed at supporting brand development, partnerships with athletes and customer engagement nationwide. Separately, ANTA Sports recently agreed to acquire a 29.06% stake in Puma from Groupe Artémis in a €1.5bn ($1.7bn) all-cash transaction. After completing the purchase, ANTA Sports intends to seek a seat on Puma’s supervisory board while keeping the company’s independent governance as a German-listed business. It said it is not planning a takeover bid and will instead assess potential avenues for cooperation....

...Separately, ANTA Sports recently agreed to acquire a 29.06% stake in Puma from Groupe Artémis in a €1.5bn ($1.7bn) all-cash transaction. After completing the purchase, ANTA Sports intends to seek a seat on Puma’s supervisory board while keeping the company’s independent governance as a German-listed business. It said it is not planning a takeover bid and will instead assess potential avenues for cooperation. Commenting on the deal at the time, ANTA Sports board chairman Ding Shizhong said: “Working with Puma, we look forward to learning from each other and joining hands to fully unlock the brand’s full potential....

Chinese sportswear group ANTA will launch its first permanent US store in California, marking its formal move into physical retail in the country. Spanning 2,500ft² to 3,000ft², the Beverly Hills outlet will carry performance running products, lifestyle footwear, basketball collections and apparel, as well as athlete-focused displays and branded in-store settings. The company said the location is intended to act as its US brand centre, hosting run clubs and programmes highlighting Chinese-American heritage, sport and performance innovation. The opening forms part of ANTA’s wider overseas expansion, which includes more than 12,000 shops across China....

...Operational Issues: The company struggled with omnichannel fulfillment, with reports indicating a shift toward a drop-ship model and poor, outsourced customer service. Product Controversies: Recent issues include the removal of products deemed "knockoffs" of indigenous designs. They Can Pull It Together and Reboot: This isn't the first time Eddie Bauer has had to pull the rip cord and file for bankruptcy....

Financial Instability: Multiple ownership changes (currently under Authentic Brands Group/SPARC Group LLC) and heavy debt burdens have hampered investment. Operational Issues: The company struggled with omnichannel fulfillment, with reports indicating a shift toward a drop-ship model and poor, outsourced customer service. Product Controversies: Recent issues include the removal of products deemed "knockoffs" of indigenous designs....

Eddie Bauer is filing for bankruptcy and closing almost 200 stores across North America to focus on e-commerce. As of February 2026, the brand, which has struggled with declining product quality and brand identity, faces its third potential bankruptcy....

...Executives also outlined an initial 2026 outlook that calls for modest sales growth and operating margin expansion despite ongoing pressure from incremental U.S. tariffs. Get alerts: Leadership changes and 2025 context Chairman and CEO Tim Boyle opened the call by noting the quarter was the first earnings call for newly appointed co-presidents Joe Boyle and Peter Bragdon, as well as Chief Administrative Officer and General Counsel Rochelle Luther. Boyle said the role changes, announced in November, were part of succession planning.

...The company highlighted several 2025 themes, including broad-based international growth, early traction for its Columbia brand “Accelerate Growth Strategy,” and the “Engineered for Whatever” marketing platform launched in August. Management also said inventories were “healthy and essentially flat” exiting 2025, inclusive of increased tariff costs in the U.S., and that SG&A growth slowed as spending was optimized to support increased marketing. Boyle also pointed to capital returns, including $201 million in share repurchases and $66 million in dividends, and said the company ended the year with $791 million in cash and equivalents and no debt.

PARIS, Feb 4 — François-Henri Pinault may not have got as much as he wanted ‌when he sold his family’s controlling stake in Puma to China’s Anta for US$1.8 billion (RM7.1 billion) last week. But, according to two sources close to the matter, the deal came with a deal-sealing sweetener: an “anti-embarrassment” clause....

Hong Kong Stock Exchange filings show that Anta agreed to pay Artemis an additional amount, calculated under a formula, if anyone makes a bid to buy more Puma shares or takes the iconic German firm private within 15 months of the deal closing. That meant Artemis would not need to hold out for a higher price and will still share any near-term upside if a higher offer emerges later, the sources, who declined to be identified because the matter remains private, told Reuters....

...It also wanted to reallocate capital toward higher value-creating sectors. And finally, it no longer saw itself as the optimal shareholder for Puma’s next development phase under new CEO Arthur Hoeld. Pinault ‌had previously said the Puma stake was non-strategic....

Hong Kong Stock Exchange filings show that Anta agreed to pay Artemis an additional amount, calculated under a formula, if anyone makes a bid to buy more Puma shares or takes the iconic German firm private within 15 months of the deal closing. That meant Artemis would not need to hold out for a higher price and will still share any near-term upside if a higher offer emerges later, the sources, who declined to be identified because the matter remains private, told Reuters....

...But, according to two sources close to the matter, the deal came with a deal-sealing sweetener: an “anti-embarrassment” clause. While Anta’s offer of €35 (RM162) per share in cash for the 29 per cent stake initially received a cool reception from Pinault’s family ‌business, Artemis, one of the sources said, the Hong Kong-listed company then committed to paying more if a higher offer emerged.

...Pinault ‌had previously said the Puma stake was non-strategic. “This disposal is consistent with the ongoing strategy implemented by Artemis to focus on controlled assets and to redeploy its resources towards new value-creating sectors,” the company said in a statement last week. Pinault and Anta Chairman Ding Shizhong, who had previously met after Anta made an initial approach, finalised the deal in Paris in early January, the second person said. Anta ⁠said last week that it did not plan to make an offer for the whole of Puma....

A federal judge last week rescheduled the trial in a long-running sex discrimination lawsuit against Nike. Last month, U.S. District Judge Amy Baggio rejected a last-minute attempt to convert the lawsuit into a class action....

Since she became the case’s presiding judge in August 2024, Baggio has expressed impatience with how long it’s taken to resolve the lawsuit. She did so again in her order changing the trial date, noti...

...In an email, a lawyer for plaintiffs said they plan to continue the fight to recognize a class of plaintiffs. “For seven and a half years, our client has fought for the women in the proposed class, for accountability, and for change,” said Byron Goldstein, of the law firm Goldstein Browne, in an email. “After her individual claims are tried, we will continue the fight for these women in the appellate court.”...

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. The fate of Eddie Bauer’s brick-and-mortar fleet is uncerta...

There are parties interested in taking over the operation of a handful of Eddie Bauer stores in the U.S. and Canada, the source said. Most, if not all, of the brand's hundreds of stores in the region are set to shutter. Catalyst didn’t immediately respond to a request for comment for this story....

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. The fate of Eddie Bauer’s brick-and-mortar fleet is uncerta...

...And now this year another big closure is announced. According to the Fast Company.com website, Eddie Bauer will be filing for Chapter 11 bankruptcy and then closing all of their more than 200 locations across the country, including the remaining Michigan stores which are in the Detroit area.

...You could say she has an Eddie Bauer addiction. Eddie Bauer's Declining Legacy: A Shocking Announcement Seattle-based Eddie Bauer is going to declare bankruptcy and is expected to close all 200 remaining stores in the U.S. and Canada. READ MORE: Take An Unforgettable Trip to Italy! This will be the third time the brand has filed for bankruptcy....

...Like many retailers, Eddie Bauer struggled with declining foot traffic as more shoppers moved online. Rising costs for rent, labor, and utilities also made it difficult for stores to stay profitable. Increased competition from online-focused outdoor brands has added to the challenge....

Several factors contributed to the store closures. Like many retailers, Eddie Bauer struggled with declining foot traffic as more shoppers moved online. Rising costs for rent, labor, and utilities also made it difficult for stores to stay profitable....

This most recent bankruptcy followed layoffs at Eddie Bauer’s headquarters, where the company cut 10 employees from its marketing and creative teams. According to The Puget Sound Business Journal, the company held a goodbye party for the employees at its headquarters last week. The company intends to eliminate its physical stores and shift operations to exclusively online....

This most recent bankruptcy followed layoffs at Eddie Bauer’s headquarters, where the company cut 10 employees from its marketing and creative teams. According to The Puget Sound Business Journal, the company held a goodbye party for the employees at its headquarters last week....

Eddie Bauer, a popular outdoor clothing brand, is expected to shutter all its stores in North America after filing for bankruptcy, including 11 locations in Washington. According to The Business Insider, Eddie Bauer is prepping a Chapter 11 bankruptcy filing....

...RETAIL BUSINESSES HAVE BEEN STRUGGLING IN SOME AREAS It's getting more and more difficult for some businesses to maintain brick and mortar stores with staffing issues, some supply chain issues, and just traffic in general. Last week Eddie Bauer, which has been in business for the last 106 years, is closing their brick and mortar stores and moving to an online option only. Sources said the outdoor specialty store chain is prepping a Chapter 11 filing to shutter its approximately 200 North American stores. The Eddie Bauer store operations are owned by Catalyst Brands under license from brand owner Authentic Brands Group....

...There is a lot of question about the economy, and that trickles down to consumers not necessarily spending as much as they have in previous years. RETAIL BUSINESSES HAVE BEEN STRUGGLING IN SOME AREAS It's getting more and more difficult for some businesses to maintain brick and mortar stores with staffing issues, some supply chain issues, and just traffic in general. Last week Eddie Bauer, which has been in business for the last 106 years, is closing their brick and mortar stores and moving to an online option only....

...RETAIL BUSINESSES HAVE BEEN STRUGGLING IN SOME AREAS It's getting more and more difficult for some businesses to maintain brick and mortar stores with staffing issues, some supply chain issues, and just traffic in general. Last week Eddie Bauer, which has been in business for the last 106 years, is closing their brick and mortar stores and moving to an online option only. Sources said the outdoor specialty store chain is prepping a Chapter 11 filing to shutter its approximately 200 North American stores. The Eddie Bauer store operations are owned by Catalyst Brands under license from brand owner Authentic Brands Group....

...The WWD report, published last Thursday, said the bankruptcy filing would not impact the company’s manufacturing, e-commerce and wholesale operations in North America, which Authentic is transitioning to existing Eddie Bauer licensee, Outdoor 5. The bankruptcy filing would also not impact Eddie Bauer stores in Japan, according to the report. The retailer has previously filed for bankruptcy twice. The first one happened in March 2003 when its parent company at the time, Spiegel Inc., was in the red and had to close several Eddie Bauer stores....

...The retailer has previously filed for bankruptcy twice. The first one happened in March 2003 when its parent company at the time, Spiegel Inc., was in the red and had to close several Eddie Bauer stores. The brand survived after restructuring as a stand-alone company called Eddie Bauer Holdings, Inc. and emerged from bankruptcy protection in June 2005....

...The first one happened in March 2003 when its parent company at the time, Spiegel Inc., was in the red and had to close several Eddie Bauer stores. The brand survived after restructuring as a stand-alone company called Eddie Bauer Holdings, Inc. and emerged from bankruptcy protection in June 2005. The second time was when it was acquired by Golden Gate Capital in 2009. It was then acquired by Authentic Brands Group and SPARC Group LLC....

...Read more; Popular Schenectady Deli Closes for Good, After More Than 60 Years The Eddie Bauer brand is not necessarily going away. This bankruptcy filing, and store closings are part of a transition from physical spaces to an all-digital platform in North America.

For more than 100 years, Eddie Bauer has been in the business of selling outdoor apparel. Now, reports indicate, the outdoor clothing retailer is filing for Chapter 11 bankruptcy and will close all it...

Cheektowaga - Walden Galleria Colonie - Northway Mall Deer Park - Tanger Outlets Lake George - Adirondack Outlet Mall Riverhead - Tanger Outlets Syracuse - Destiny USA Victor - Eastview Mall Waterloo - Premium Outlets It appears Eddie Bauer locations outside of North America would not be affected affected by this bankruptcy filing. At one point, in the 1990's, the company operated more than 600 stores internationally. Read more; Popular Schenectady Deli Closes for Good, After More Than 60 Years The Eddie Bauer brand is not necessarily going away....

The Street reports that the company has filed its second Chapter 11 and is shutting its physical stores in New Jersey, Pennsylvania, and across the United States. The New Jersey locations affected include: Rockaway Townsquare Bridgewater Commons Garden State Plaza - Paramus Other locations expected to shutter include Blackwood, East Rutherford, and Tinton Falls....

Nike’s disclosure that factory workers earn, on average, 1.9 times the local minimum wage is a global figure. By definition, some countries fall above that number and others below it. It is not possib...

Even the most responsible global supply chains are complex and imperfect. That reality, however, does not negate a more fundamental truth: over decades, responsible manufacturing has played a meaningf...

...But it is real. From South Korea and Taiwan to Vietnam and Indonesia, manufacturing has contributed to national growth, rising skills, and higher wages. When you look at the arc of decades, two things can be true at once: there is still work to do, and there has been meaningful progress....

Ultra-thin Clim8® heating pads are integrated directly into the garments and strategically placed on major power muscle groups, helping to reduce heat loss during warm-up and waiting periods. Featuring Eco and Boost modes, the adaptive system responds to the wearer’s movement and ambient conditions....

Ultra-thin Clim8® heating pads are integrated directly into the garments and strategically placed on major power muscle groups, helping to reduce heat loss during warm-up and waiting periods. Featuring Eco and Boost modes, the adaptive system responds to the wearer’s movement and ambient conditions. Via targeted temperature assistance the system provides warmth to the most important areas of the body, when needed most, while a built-in safety mechanism helps prevent overheating....

...Featuring Eco and Boost modes, the adaptive system responds to the wearer’s movement and ambient conditions. Via targeted temperature assistance the system provides warmth to the most important areas of the body, when needed most, while a built-in safety mechanism helps prevent overheating. The jacket and trousers are constructed with a low bulk, performance tuned fabric made to move with the athlete, supporting sprinting, gliding, pushing and launching during warm-ups and pre-start routines....

Each two-day festival will feature more than 100 artists spanning rock, pop, punk, alternative, hip-hop and ska. Vans Warped Tour also puts an emphasis on skateboarding with a half pipe at each venue. Last year, Vans Warped Tour also collected 134,000 pounds of canned goods for donation to local food banks. Two-day general admission tickets are currently on sale for $169.98....

“I have watched and seen a lot of women being sexually abused, or touched inappropriately,” she said. There was constant pressure to meet daily production quotas. Cicih made $1.26 a day, around minimum wage. A 1989 study found the minimum wage was so low that many factory workers were malnourished. “It was not enough for me to get by on a daily basis,” she said....

...The company also disclosed a factory injury rate significantly below its peers. Less than 1% of code of conduct violations related to harassment and abuse, according to the disclosure. Workers and union leaders also say their No. 1 concern — low wages — has not been addressed. Many said they work second jobs to make ends meet. “One job isn’t enough,” Keady said....

At first, she said, she cleaned glue and chemicals off sneakers with her bare hands. Then she moved to a glue line, attaching soles to shoes. The factory was poorly ventilated. Co-workers coughed from...

...It's not every day that you see two big brands coming together in the fashion market. Well, the global sports giant Nike has planned to hand over its operations wing in India to the beauty marketplace Nykaa from February 2026. Ahead of the transition, Nike.com redirects to Nike....

(Image Credits: Pinterest) It's not every day that you see two big brands coming together in the fashion market. Well, the global sports giant Nike has planned to hand over its operations wing in Ind...

...From surprise releases to drop-based models, SNKRS will also be handled by the new inventory in India. However, the new space will feature product storytelling, will mention the design and heritage content and all the live events, and is built to reduce issues of bot activity and manage the overall demand of exclusive releases. What made things worse?...

...The company wrote in an online post that its Hong Kong branch was “concerned” about the alleged incident. “We are concerned about the incident that took place at the Langham Place store earlier and are fully cooperating with police’s investigation,” a spokesman wrote on Instagram. “Adidas has always prioritised customer experience and privacy safety while shopping.”...

Adidas has expressed concern over a woman’s complaint about a staff member and other customers opening the curtain of a fitting room at a Hong Kong branch on two occasions while she was inside, saying it would review its facilities and store operations. The German sportswear giant issued a response on Sunday, four days after the woman took to social media to complain....

Adidas has expressed concern over a woman’s complaint about a staff member and other customers opening the curtain of a fitting room at a Hong Kong branch on two occasions while she was inside, saying...

Under Armour’s Chief Product Officer announced their departure will take effect on February 2nd, adding to the long list of executives the company struggles to keep long-term, and leaving the company ...

...What this transaction means for investors Although the transactions involved a large number of shares purchased, that doesn’t make Under Armour’s stock ideal for a current investment. The stock has been performing poorly for four straight years; it reported negative net income in FY 2025 and is continuing that trend in FY 2026 so far. The apparel manufacturer also suffered a legal loss in January. 20, 2026, when an appeals court ruled they don’t have a right to a separate $100 million Director & Officers (D&R) insurance claim that the previous court originally ruled in favor of the company.

Negative Sentiment: Jefferies cut its price target to $185 from $200 on the outgoing CEO’s final day, signaling analyst concern about near?term execution and leadership transition risk; the firm notes shares have fallen sharply over the past year. Lululemon price target slashed on outgoing CEO’s final day Negative Sentiment: Company-provided Q4 FY2025 guidance shows EPS at ~4.760 vs consensus ~4.770 and flat revenue guidance — a small miss that signals limited upside in the near term and may reinforce concerns about margin pressure....

...LULU Stock: A 20% Discount Or A Falling Knife? Negative Sentiment: Reports of defective/see-through leggings and related PR missteps (including language blaming customers) are damaging brand reputation and customer trust, increasing the risk of returns, markdowns or amplified social/media backlash. Lululemon (LULU) Stock: Defective Leggings and CEO Exit Send Shares Lower Negative Sentiment: Yahoo Finance reports a proxy fight emerging as activists point to product quality issues and stretched valuation; governance conflict could be a sustained drag on management focus and share price volatility. Lululemon Faces Proxy Fight...

...The LAPD nor nor the city attorney responded to messages. “Nike and the LAPD wrongfully destroyed Andre’s livelihood by taking essentially the entirety of his Nike collection without legal justification,” Ljustina’s lawyer, J. Alejandro Barrientos, said in a statement. “Andre intends to get the justice he deserves,” the attorney added.

“Some items were signed by famous athletes, such as former Los Angeles Laker Kobe Bryant, who had died years before the Harvey scheme allegedly commenced,” he noted. The LAPD quickly took to social media to boast about the raid — “before Nike could even review the Nike merchandise to determine whether it might be stolen,” Ljustina said. Suddenly, business partners shied away from Ljustina, “for fear of being connected to stories of stolen merchandise,” he claimed....

Nike declined comment on the litigation. The LAPD nor nor the city attorney responded to messages. “Nike and the LAPD wrongfully destroyed Andre’s livelihood by taking essentially the entirety of his...

Despite any finger pointing internally following this mishap, this is not the fault of any hard-working employees. This is the fault of the Board. It is clear that persistent failures like this are born out of this Board's lack of experience in creative businesses, disinterest in product development and quality, and focus on short-term, self-interested priorities. How could anyone reach a conclusion other than the Board continues to make decisions that are destroying the brand and the stock price?...

...It is clear that persistent failures like this are born out of this Board's lack of experience in creative businesses, disinterest in product development and quality, and focus on short-term, self-interested priorities. How could anyone reach a conclusion other than the Board continues to make decisions that are destroying the brand and the stock price? What product quality testing did the Board review?...

...How often does the Board review the product pipeline? Are leaders empowered to make the best product decision or simply pushed to the lowest cost decision? I believe a leading Board would have a Brand Product Committee and have asked these questions. For memory's sake, let's take another look at the Get Low line....

THIRD-PARTY BREACH EXPOSES CHATGPT ACCOUNT DETAILS What happened in the Under Armour data breach The stolen data is reportedly linked to a ransomware attack that occurred in November 2025. At the time, the Everest ransomware group claimed responsibility and attempted to extort Under Armour by threatening to leak internal files....

NEWYou can now listen to Fox News articles! Sportswear and fitness brand Under Armour is investigating claims of a massive data breach after customer records were posted on a hacker forum. The breach became widely known after millions of people received alerts warning their information may have been compromised....

..."Our investigation of this issue, with the assistance of external cybersecurity experts, is ongoing. Importantly, at this time, there's no evidence to suggest this issue affected UA.com or systems used to process payments or store customer passwords. Any implication that sensitive personal information of tens of millions of customers has been compromised is unfounded....

Jefferies pointed to a series of structural issues that need to be addressed. “Company culture…once differentiated the brand, but leadership turnover raises execution concerns in a slowing market,” the analysts wrote. Product missteps were also cited, including pausing a legging line after complaints of see-through material....

...The analysts highlighted that a turnaround would require leadership capable of reinvigorating company culture and product strategy. “The challenges inherited from the outgoing CEO are substantial…this is not a quick fix, by any means,” they wrote, pointing investors to Nike as a benchmark for turnaround potential.

...The analysts maintained a ‘Hold’ rating, noting that the stock could remain range-bound through 2026. “End of an era… stock in limbo as we await next CEO,” the analysts wrote, highlighting both the company’s accomplishments and the challenges it faces. While sales grew under the outgoing leadership, the analysts said the brand has weakened, and core customers have drifted away....

...The stated purpose of this design is to enhance the transmission of sensory information from the ground to the mechanoreceptors embedded in the soles of the feet. These receptors detect pressure, vibration, texture, and movement — signals that are then relayed to the brain. Nike says its Mind Science Department spent several years developing what it calls a “sensory map of the foot.” This work involved mobile brain–body imaging, electroencephalogram (EEG) brain scans, electromyography (EMG) muscle sensors, and plantar pressure testing conducted on athletes. Based on this internal research, the company claims that wearers of the Mind shoes show increased activity in the sensory regions of the brain when compared with those wearing conventional footwear.

...Nike says its Mind Science Department spent several years developing what it calls a “sensory map of the foot.” This work involved mobile brain–body imaging, electroencephalogram (EEG) brain scans, electromyography (EMG) muscle sensors, and plantar pressure testing conducted on athletes. Based on this internal research, the company claims that wearers of the Mind shoes show increased activity in the sensory regions of the brain when compared with those wearing conventional footwear.

...Complaints around app crashes, silent failures and missing notifications were common across sneaker communities. “Nike has clearly struggled to execute in India. From supply issues to weak local operations, the brand has been unable to manage the market at a granular level. In contrast, Adidas has done far better, especially in sneakers and collaborations, and has recently strengthened its India presence by acquiring the Indian jersey rights,” said Ackshay Jain, cofounder and CEO of Culture Circle....

...It uses a drop-based model, comprising Draws, Shock Drops (surprise releases), and SNKRS Pass (in-store reservations), instead of standard ecommerce inventory. The platform also features product storytelling, design and heritage content, and live events, and is built to reduce bot activity and manage demand for scarce releases. Over the past few years, Indian customers have flagged repeated delivery delays, failed orders and poor customer support on Nike’s website and app. Several users said orders were accepted but never delivered, with refunds taking weeks despite multiple followups with Nike and logistics partners....

...“Users were clearly frustrated, as deliveries often took multiple weeks. At a time when customers are used to getting products within minutes, or at most a few hours, such long delivery timelines were a major pain point,” said Mudit Arora, founder and CEO of sneaker reselling platform Sneakwear. In other issues, users also reported persistent checkout issues, where the ‘place order’ button remained inactive across payment methods on both the app and website. In some cases, users said the issue continued for days, effectively blocking purchases.

Add Eddie Bauer to the list of companies preparing to exit the brick-and-mortar business. Sources said the outdoor specialty store chain is prepping a Chapter 11 filing to shutter its approximately 200 North American stores. The store operations are owned by Catalyst Brands under license from brand owner Authentic Brands Group....

The company changed hands several times over the years after its founder sold it in 1968. General Mills and Spiegel owned it at different points in time....

...General Mills and Spiegel owned it at different points in time. Under the Spiegel Inc. umbrella, the company filed for Chapter 11 bankruptcy in Delaware in 2009 and was later purchased by Golden Gate Capital for $286 million. The Eddie Bauer name has been used to license a range of products including furniture, bicycles and Ford Motor Co.’s Bronco, Explorer and other SUVs....

In Camplisson, website users brought a putative class action alleging that Adidas violated CIPA by using two tracking pixels on its website, the TikTok Pixel and Microsoft Bing. According to the complaint, the trackers were placed on visitors’ browsers without consent and collected data including IP addresses, browser information, unique identifiers, and other personal information....

The court declined to accept either argument at the pleading stage. Emphasizing what it characterized as CIPA’s deliberately broad language, the court reasoned that a narrow reading of “pen register” limited to tools that capture all outgoing information could undermine the statute’s privacy-protective purpose. The court also held that the consent allegations were deficient based on how the website presented its terms and privacy disclosures....

In Camplisson, website users brought a putative class action alleging that Adidas violated CIPA by using two tracking pixels on its website, the TikTok Pixel and Microsoft Bing. According to the complaint, the trackers were placed on visitors’ browsers without consent and collected data including IP addresses, browser information, unique identifiers, and other personal information. Adidas moved to dismiss on two primary grounds; first, it argued that the alleged tracking tools do not qualify as a “pen register” as a matter of law, and second, it contended that users had consented.

The transaction also has ripple effects beyond Puma. UBS analysts said the deal could sharpen competitive pressure on Adidas, particularly in Europe and Asia, where Anta’s operational discipline could...

...The group has built a reputation as a disciplined, long-term owner of brands, combining local market insight in China with an increasingly sophisticated global playbook. Its 2019 acquisition of Amer Sports is often cited as proof of concept. After taking control of a portfolio that included Wilson, Arc’teryx, and Salomon, Anta invested heavily in product development, supply chains, and brand positioning, eventually taking Amer public again at a valuation that rewarded patient capital.

...Anta’s entry changes the conversation. The group has built a reputation as a disciplined, long-term owner of brands, combining local market insight in China with an increasingly sophisticated global playbook. Its 2019 acquisition of Amer Sports is often cited as proof of concept....

Anta’s purchase of a 29.06% stake from Artémis, the holding company of France’s Pinault family, makes the Chinese group Puma’s largest shareholder without crossing the 30% threshold that would force a...

...Still, the deal raises questions about governance and influence. With nearly 30% ownership, Anta will have significant sway, even if Puma remains formally independent. Reuters reported that Anta executives planned to speak with Puma management immediately after the announcement, suggesting early discussions on board representation and strategic priorities....

...With nearly 30% ownership, Anta will have significant sway, even if Puma remains formally independent. Reuters reported that Anta executives planned to speak with Puma management immediately after the announcement, suggesting early discussions on board representation and strategic priorities. How much influence Anta chooses to exert, and how receptive Puma’s leadership proves to external input, will shape the partnership’s success.

The Anta deal for the 29 per cent stake held by the Pinault family behind Gucci-owner Kering could give the firm an opportunity to regain some ground — including in China. The deal pushed Puma’s shares up 9 per cent on Tuesday....

...From the split of the original company Geda, Rudolf founded Puma and Adolf founded Adidas. The two firms’ headquarters in just Herzogenaurach from each other in the Bavarian town of Herzogenaurach. Now Puma is set to come under the wings of China’s top sportswear firm Anta, which would become its biggest shareholder in a $1.8 billion deal aimed at turning around one of Europe’s most iconic sports brands that has fallen sharply from grace.

...The deal pushed Puma’s shares up 9 per cent on Tuesday. “We have a lot of insight how to make Puma successful in China,” Wei Lin, global vice president at sustainability and investor relations at Anta, told Reuters. “It is one of the most valuable brands in this industry.”...

...From the split of the original company Geda, Rudolf founded Puma and Adolf founded Adidas. The two firms’ headquarters in just Herzogenaurach from each other in the Bavarian town of Herzogenaurach. Now Puma is set to come under the wings of China’s top sportswear firm Anta, which would become its biggest shareholder in a $1.8 billion deal aimed at turning around one of Europe’s most iconic sports brands that has fallen sharply from grace.

China's sportswear giant Anta Sports announced on Tuesday that it will buy a 29.06% stake in German group Puma SE for 1.5 billion euros, making the Chinese company the largest single shareholder in the iconic brand. The acquisition from the Pinault family's investment firm, Groupe Artemis, marks a significant step in Anta's push to expand its global portfolio and footprint. According to the statement, Anta Sports currently has no plans to make a takeover offer for the rest of the company....

...This will further accelerate Anta Sports' globalization, and help drive the next chapter of growth for the global sports markets including China, creating lasting value for both companies' consumers and shareholders worldwide," said Ding. Anta Sports owns international brands like Fila, Descente, Kolon Sport and Jack Wolfskin, and is the largest shareholder in Amer Sports Inc., a global group of sports and outdoor brands, including Arc'teryx, Salomon, Wilson, Peak Performance and Atomic. The Chinese side said it aims to support Puma's management and strategy while preserving the German group's brand autonomy. It intends to seek representation on Puma's supervisory board and will explore further collaboration opportunities.

...Anta said it will fund the purchase entirely from internal cash reserves. "This acquisition makes Anta Sports the largest shareholder of Puma and marks a major step forward in our 'single-focus, multi-brand, globalization' strategy," said Anta Chairman Ding Shizhong.

...This will further accelerate Anta Sports' globalization, and help drive the next chapter of growth for the global sports markets including China, creating lasting value for both companies' consumers and shareholders worldwide," said Ding. Anta Sports owns international brands like Fila, Descente, Kolon Sport and Jack Wolfskin, and is the largest shareholder in Amer Sports Inc., a global group of sports and outdoor brands, including Arc'teryx, Salomon, Wilson, Peak Performance and Atomic. The Chinese side said it aims to support Puma's management and strategy while preserving the German group's brand autonomy. It intends to seek representation on Puma's supervisory board and will explore further collaboration opportunities.

...From the split of the original company Geda, Rudolf founded Ruda - later renamed Puma - while Adolf founded Adidas. The two firms’ headquarters remain just a short walk from each other in the Bavarian town of Herzogenaurach. Now Puma is set to come under the wings of China’s top sportswear firm Anta (2020.HK), which would become its biggest shareholder in a $1.8 billion deal aimed at turning around one of Europe’s most iconic sports brands that has fallen sharply from grace.

...The deal pushed Puma’s shares up 9% on Tuesday. “We have a lot of insight how to make Puma more successful in China,” Wei Lin, global vice president for sustainability and investor relations at Anta, told Reuters. “It is one of the most valuable brands in this industry.”...

It has been under pressure as sportswear competition intensified and its recent sneaker launches, including the Speedcat, have been overshadowed by Adidas’ Samba and other “terrace” shoes - retro models inspired by soccer fans’ footwear in the 1970s and 1980s. CEO Hoeld, in charge since July last year, announced in October a turnaround plan aiming to cut 900 corporate jobs, to discount less, improve marketing and reduce its product range. Felix Dennl, retail analyst at German bank Metzler, said Adidas had put pressure on Puma by getting a “head start” on sneakers....

“Puma has become too commercial, over-exposed in the wrong channels, with too many discounts,” Puma’s CEO Arthur Hoeld, formerly sales chief at arch-rival Adidas, said in October. The Anta deal for the 29% stake held by the Pinault family behind Gucci-owner Kering (PRTP.PA), opens new tab, could give the firm an opportunity to regain some ground lost - including in China. The deal pushed Puma’s shares up 9% on Tuesday....

It has been under pressure as sportswear competition intensified and its recent sneaker launches, including the Speedcat, have been overshadowed by Adidas’ Samba and other “terrace” shoes - retro models inspired by soccer fans’ footwear in the 1970s and 1980s. CEO Hoeld, in charge since July last year, announced in October a turnaround plan aiming to cut 900 corporate jobs, to discount less, improve marketing and reduce its product range. Felix Dennl, retail analyst at German bank Metzler, said Adidas had put pressure on Puma by getting a “head start” on sneakers....

A POPULAR American sportswear company, which recently closed its New York flagship store, is set to cut several hundred distribution jobs. Nike will be laying off 775 US employees in an attempt to speed up the use of automation at its distribution centers and boost profits. Rising tariffs, a slowdown in the Chinese market and costs linked to a turnaround strategy focused on reviving wholesale partnerships and cleaning out older inventory are some of the challenges the apparel giant is facing, according to IBT....

...IKEA’s parent company, Ingka Group, bought the site for $213 million and has plans to repurpose the former sneaker destination into a new IKEA location. Nike, whose business is struggling, is trying to re-establish itself as the world’s leading sportswear brand after losing market share to rivals. It has undergone several rounds of layoffs in recent years. In August, Nike axed 1 per cent of corporate staff under CEO Elliott Hill. Earlier in February 2024, 1,600 positions were made redundant after the company announced a 2 per cent reduction. Nike had 77,800 employees worldwide, including retail and part-time staff, as of May 2025, when it published its last annual report....

...It was reported that the sports manufacturer experienced a 32 per cent drop in net income for the fiscal second quarter ending December 2025. In a statement, Nike said the warehouse layoffs, which will mainly affect roles in Tennessee and Mississippi, were “to strengthen and streamline our operations so we can move faster, operate with greater discipline, and sharpen our supply chain footprint”.

The company's shares, which have been near their lowest levels in a decade, have surged 9% after reports of the deal Anta Sports Products, the biggest sportswear retailer in China, will acquire a 29% stake in the German Puma brand, which would make it the company's biggest shareholder. The iconic company was struggling before the deal, with its shares trading near their lowest levels in a decade....

..."Puma has more potential in the Chinese market, where they are underrepresented with only 7% of their global revenues. We have a lot of insight on how to make Puma more successful in China," Wei Lin, the company's global vice president for sustainability and investor relations, told Reuters. The Chinese company also plans to secure board representation at Puma after the deal is finalized, according to the Wall Street Journal. Anta has previously acquired a string of other Western brands, including Finland-based Amer Sports, which owns Arc'teryx, Salomon, and Wilson, as well as the German label Jack Wolfskin....

The company's shares, which have been near their lowest levels in a decade, have surged 9% after reports of the deal Anta Sports Products, the biggest sportswear retailer in China, will acquire a 29% stake in the German Puma brand, which would make it the company's biggest shareholder. The iconic company was struggling before the deal, with its shares trading near their lowest levels in a decade....

..."Puma has more potential in the Chinese market, where they are underrepresented with only 7% of their global revenues. We have a lot of insight on how to make Puma more successful in China," Wei Lin, the company's global vice president for sustainability and investor relations, told Reuters. The Chinese company also plans to secure board representation at Puma after the deal is finalized, according to the Wall Street Journal. Anta has previously acquired a string of other Western brands, including Finland-based Amer Sports, which owns Arc'teryx, Salomon, and Wilson, as well as the German label Jack Wolfskin....

Adidas Originals and Clot by Edison Chen are continuing their longstanding partnership in a new collection in honor of Lunar New Year 2026. The collection, which aims to celebrate Chinese cultural heritage and the Year of the Horse, features footwear and apparel shaped by symbolism, craftsmanship, and contemporary expression. At the heart of the collection is the Superstar Dress Shoe, a premium reinterpretation of an Originals silhouette....

...Chen’s selected favorite of the collection, he meticulously arranged the stripes to form a distinctive collar pattern. The style is finished with satin lining, satin braided rope, Concho button closure, and dual snap-button hand pockets. To celebrate the Lunar New Year, Adidas Originals will host a tea ceremony in New York City, on Jan. 27 at Floating Mountain Tea House at 8pm. Open to the public, with six seats available, on a first-come first-serve basis, each ceremony guest will be gifted pieces from the collection before it becomes available worldwide. The Adidas Originals x Clot Lunar New Year Collection by Edison Chen will be available globally on Jan. 31 on the Confirmed app, Adidas.com, and at select retailers.

...Anta also directly owns Fila, Jack Wolfskin, Kolon Sport and Maia Active. “Anta has a track record of developing brands and we would expect them to be a more active partner than Artemis,” Deutsche Bank analysts said. Anta said it would seek Puma board seats once the deal was finalized, but would not ‌seek a full takeover of the company. Anta shares rose 2% on the announcement.

...The Pinault family took the holding from Kering in 2018, when the group repositioned itself as a pure luxury player. “This disposal is consistent with the ongoing strategy implemented by Artemis to focus on controlled assets and to redeploy its resources towards new value-creating sectors,” Artemis said in a statement. The deal is subject to antitrust clearances, shareholder approval at Anta, ‌and regulatory approvals in China and other jurisdictions.

...Anta also directly owns Fila, Jack Wolfskin, Kolon Sport and Maia Active. “Anta has a track record of developing brands and we would expect them to be a more active partner than Artemis,” Deutsche Bank analysts said. Anta said it would seek Puma board seats once the deal was finalized, but would not ‌seek a full takeover of the company....

Anta, which has a track record of acquiring and revamping Western sports and lifestyle brands, said Puma complemented its existing brands and could increase its international competitiveness. Anta is...

...Anta also directly owns Fila, Jack Wolfskin, Kolon Sport and Maia Active. “Anta has a track record of developing brands and we would expect them to be a more active partner than Artemis,” Deutsche Bank analysts said. Anta said it would seek Puma board seats once the deal was finalized, but would not ‌seek a full takeover of the company. Anta shares rose 2% on the announcement.

Regarding the recent announcement by ANTA Sports Products Limited, PUMA CEO Arthur Hoeld comments: “PUMA SE acknowledges that ANTA Sports has agreed to acquire a 29.06% stake in the company. PUMA’s strategic priorities are clear....

...PUMA’s strategic priorities are clear. We are focused on strengthening our global brand, delivering compelling products, and engaging consumers worldwide to become a Top 3 global sports brand. ANTA aims to empower PUMA to fully realise its brand potential and its heritage to create long-term value for global consumers and stakeholders. We see this as a vote of confidence in PUMA and its strategic direction.” All rights reserved © PUMA SE 2026

Regarding the recent announcement by ANTA Sports Products Limited, PUMA CEO Arthur Hoeld comments: “PUMA SE acknowledges that ANTA Sports has agreed to acquire a 29.06% stake in the company. PUMA’s strategic priorities are clear....

...PUMA’s strategic priorities are clear. We are focused on strengthening our global brand, delivering compelling products, and engaging consumers worldwide to become a Top 3 global sports brand. ANTA aims to empower PUMA to fully realise its brand potential and its heritage to create long-term value for global consumers and stakeholders. We see this as a vote of confidence in PUMA and its strategic direction.” All rights reserved © PUMA SE 2026

...In February 2025, West said his bipolar disorder was a misdiagnosis, claiming he was later identified as autistic after a re-evaluation. Over the years, the rapper has faced widespread backlash for antisemitic remarks. In 2022, he made headlines for claiming that “Jewish people control Hollywood,” leading to the termination of his long-standing partnership with sportswear giant Adidas. Click to signup for FREE news updates, latest information and hottest gists everyday

...Lululemon now says the centre is moving to a model that relies on full-time employees rather than part-time staff. It positioned the shift as a way to better support customers and optimize the business. The changes come as Lululemon is hunting for a replacement for departing CEO Calvin McDonald and facing a push from estranged founder Chip Wilson to shake up its board. This report by The Canadian Press was first published Jan. 27, 2025....

Lululemon Athletica Inc. has cut 100 jobs as it makes changes in its customer care division. The Vancouver-based retailer says the jobs were part-time and connected to a Guest Education Centre servicing North America. Past job listings describe the centre as a hub where staff handle more than 10,000 customer calls, emails and live chats daily....

Lululemon Athletica Inc. has cut 100 jobs as it makes changes in its customer care division. The Vancouver-based retailer says the jobs were part-time and connected to a Guest Education Centre servicing North America....

Nike is laying off 775 employees in the United States as part of a broader push to streamline operations and accelerate automation at its distribution centers. The cuts mainly affect warehouse roles in Tennessee and Mississippi, where Nike operates some of its largest facilities....

The layoffs follow other workforce reductions over the past year. In August 2025, Nike cut nearly 1% of its corporate staff under CEO Elliott Hill, who assumed the role in 2024. Earlier in February 2024, the company announced a 2% reduction, totaling more than 1,600 positions....

Nike is laying off 775 employees in the United States as part of a broader push to streamline operations and accelerate automation at its distribution centers. The cuts mainly affect warehouse roles in Tennessee and Mississippi, where Nike operates some of its largest facilities. In a statement, Nike said the layoffs "are designed to reduce complexity, improve flexibility, and build a more responsive, resilient, responsible, and efficient operation....

Nike appears to be in full-on incident response mode after a ransomware group claimed to have posted a huge cache of stolen internal data. The World Leaks group added Nike to its leak site last week, with the countdown expiring on Sunday....

...The full data dump is now live, with a claimed 188,000+ files exposed. A brief Nike statement sent to Infosecurity said: “We always take consumer privacy and data security very seriously. We are investigating a potential cybersecurity incident and are actively assessing the situation.” Folders in the data leak seen by Infosecurity have titles including “development,” “tech packs and evaluations,” and “schematics.” According to threat intelligence group Justabreach, the leak portends a “deep compromise of [Nike’s] operational and strategic environments.”...

R&D and products: Tech packs, bills of materials (BOMs), prototypes, schematics, design files Supply chain and manufacturing: Factory audits, partner info, production processes, workflows, validation...

WorldLeaks claims 1.4TB Nike design and manufacturing data stolen Nike investigates breach, says no customer or employee PII exposed WorldLeaks, successor to Hunters International, focuses on file theft over encryption Sportswear giant Nike says it is investigating a potential data breach, after cybercriminals listed the company on their data leak site. Threat actors going by WorldLeaks recently added Nike to their list of breached organizations, claiming to have stolen 1.4TB of internal data, including a sample to show the data relates to design and manufacturing....

WorldLeaks claims 1.4TB Nike design and manufacturing data stolen Nike investigates breach, says no customer or employee PII exposed WorldLeaks, successor to Hunters International, focuses on file theft over encryption Sportswear giant Nike says it is investigating a potential data breach, after cybercriminals listed the company on their data leak site. Threat actors going by WorldLeaks recently added Nike to their list of breached organizations, claiming to have stolen 1.4TB of internal data, including a sample to show the data relates to design and manufacturing. Some of the directories shared with the underground community are named “Women’s Sportswear,” “Men’s Sportswear,” “Training Resource - Factory,” and “Garment Making Process”....

"We always take consumer privacy and data security very seriously," a spokesperson said. "We are investigating a potential cybersecurity incident and are actively assessing the situation." Surprisingly, Nike does not have experience with major cyberattacks....

...Four of the ‘Magnificent Seven’ will be reporting over the coming days in the form of Tesla, Microsoft, Meta Platforms and Apple, with most of those stocks seeing some buying interest ahead of the numbers.” In equity news, Shares in German sportswear giant Puma surged in early trade on Tuesday after China's Anta Sports Products revealed it was taking a 29.06% stake in the company. Anta is paying the Pinault family - which owns the Kering luxury conglomerate, home to Gucci - €1.5bn to become Puma's biggest shareholder.

...Four of the ‘Magnificent Seven’ will be reporting over the coming days in the form of Tesla, Microsoft, Meta Platforms and Apple, with most of those stocks seeing some buying interest ahead of the numbers.” In equity news, Shares in German sportswear giant Puma surged in early trade on Tuesday after China's Anta Sports Products revealed it was taking a 29.06% stake in the company. Anta is paying the Pinault family - which owns the Kering luxury conglomerate, home to Gucci - €1.5bn to become Puma's biggest shareholder.

When Nike recently posted a job listing for a generative AI design expert, it included an unusual requirement: "Mastery of FLORA." Not Photoshop mastery, not Midjourney expertise....

Weber recalls how he got in touch with Nike's team after seeing the job ad. "We built them an example workflow for their core creative process: making shoes," he explains. "It takes an initial sketch of the shoe, then runs it through a few creative steps to end up with a 360-degree turntable video of the shoe from all angles, and we can display the shoe in various angles, as still images. Then, it can take that fully rendered shoe to visualise it in various marketing campaigns, across different concepts and form factors....

..."It's essentially a full creative process that lets you go from a shoe idea to a shoe campaign, all in a single FLORA project," says Weber. "This repeatable creative system can now be used as creative infrastructure for the broader team. " That last bit ("creative infrastructure") is the key difference between FLORA and the dozens of AI tools cluttering up your inbox. Built by creatives who got tired of toys

Nike is laying off 775 employees, a source familiar with the matter told Reuters on Monday, as the sportswear giant looks to boost profits and accelerate its use of automation. The cuts will primarily impact distribution center roles in Tennessee and Mississippi, where the sneaker giant operates large warehouses, the person said....

Nike is laying off 775 employees, a source familiar with the matter told Reuters on Monday, as the sportswear giant looks to boost profits and accelerate its use of automation. The cuts will primarily impact distribution center roles in Tennessee and Mississippi, where the sneaker giant operates large warehouses, the person said. Nike, whose business is struggling, is trying to reestablish itself as the world's leading sportswear brand after losing market share to rivals....

...In August, it cut a little less than 1% of its corporate workforce as part of its turnaround efforts under CEO Elliott Hill, who took over the top job in 2024. Advertisement It had previously announced it would cut 2% of its jobs - more than 1,600 in total - in February 2024. Monday's layoffs were first reported by CNBC....

Anta will acquire around 43 million Puma shares at €35 each from Artemis. This transaction is in line with Anta's "single-focus, multi-brand, and globalization" strategy. The company has been working with an advisor to explore acquisition opportunities related to Puma....

...The deal is subject to antitrust clearances and regulatory approvals in China and other jurisdictions. Anta plans to hold an extraordinary general meeting with closing targeted after conditions are met.

...The deal, worth €1.51 billion ($1.79 billion), was confirmed by the company on Tuesday. The acquisition will make Anta the largest shareholder of Puma, surpassing Artemis, the holding company of France's billionaire Pinault family, which was a major shareholder. Acquisition details Anta's strategic move and financing secured

...In contrast, Anta has a market value of $27.3 billion despite a 7% decline in Hong Kong over the past year. The deal is subject to antitrust clearances and regulatory approvals in China and other jurisdictions. Anta plans to hold an extraordinary general meeting with closing targeted after conditions are met.

Anta Sports Products Ltd announced on Tuesday that it has entered into a share purchase agreement with Groupe Artémis, the investment firm of the Pinault family, to acquire a 29.06 percent stake in the global sportswear giant behind the Puma brand. The deal for Puma SE, valued at 1.5 billion euros ($1.78 billion), marks a key milestone in Anta Sports' attempts to expand its footprint in the global sporting goods market.

Anta Sports Products Ltd announced on Tuesday that it has entered into a share purchase agreement with Groupe Artémis, the investment firm of the Pinault family, to acquire a 29.06 percent stake in the global sportswear giant behind the Puma brand. The deal for Puma SE, valued at 1.5 billion euros ($1.78 billion), marks a key milestone in Anta Sports' attempts to expand its footprint in the global sporting goods market.

BEIJING, Jan 27, 2026 (BSS/AFP) - Chinese athletic goods giant Anta Sports will purchase a leading stake in German sportswear brand Puma, a stock exchange filing showed Tuesday. Anta acquire a share of about 29 percent in Puma, taking over from the French billionaire family Pinault as its largest shareholder. According to the agreement, Anta will buy just over 43 million shares in Puma from the Pinault holding company Artemis, priced at 35 euros apiece, the statement to the Hong Kong Stock Exchange showed....

...Anta acquire a share of about 29 percent in Puma, taking over from the French billionaire family Pinault as its largest shareholder. According to the agreement, Anta will buy just over 43 million shares in Puma from the Pinault holding company Artemis, priced at 35 euros apiece, the statement to the Hong Kong Stock Exchange showed. The total value of the deal is 1.51 billion euros ($1.79 billion), it added....

...According to the agreement, Anta will buy just over 43 million shares in Puma from the Pinault holding company Artemis, priced at 35 euros apiece, the statement to the Hong Kong Stock Exchange showed. The total value of the deal is 1.51 billion euros ($1.79 billion), it added. Anta said that the acquired stake is expected to "further enhance its presence and brand recognition in the global sporting goods market, thereby strengthening its overall international competitiveness". The firm, based in China's southeastern Fujian province, is one of the world's largest sportswear companies.

...Anta closed its acquisition of Finland-based Amer in 2019, leading a consortium in a deal worth about $5.2 billion. It also controls rights in the vast Chinese market for foreign sportswear firms including Fila and Descente. Anta's statement said Tuesday that it would work on "preserving Puma's strong brand identity and heritage, with an aim to help empower Puma to fully realise its brand potential".

Chinese sportswear company Anta Sports will become the largest shareholder in German rival Puma SE after agreeing to acquire a 29.06% stake, the company said on Tuesday, January 27. Anta will buy about 43 million shares of the company for €35 each from Artémis, the holding compay of France’s billionaire Pinault family....

Chinese sportswear company Anta Sports will become the largest shareholder in German rival Puma SE after agreeing to acquire a 29.06% stake, the company said on Tuesday, January 27. Anta will buy about 43 million shares of the company for €35 each from Artémis, the holding compay of France’s billionaire Pinault family. The deal takes the Chinese brand a step forward in its “single-focus, multi-brand, and globalization” strategy. The Fujian-based company has been working with an advisor to explore a potential takeover of Puma, according to Bloomberg....

Chinese sportswear company Anta Sports will become the largest shareholder in German rival Puma SE after agreeing to acquire a 29.06% stake, the company said on Tuesday, January 27. Anta will buy about 43 million shares of the company for €35 each from Artémis, the holding compay of France’s billionaire Pinault family. The deal takes the Chinese brand a step forward in its “single-focus, multi-brand, and globalization” strategy....

...In 2019, an Anta-led consortium paid $5.2 billion for Amer Sports — owner of premium names such as Salomon and Arc’teryx — aiming to bring high-end athletic equipment to China’s increasingly wealthy middle class. Amer held an initial public offering in New York 2024, with Anta staying on as its biggest investor, according to data compiled by Bloomberg. Puma, by contrast, has been working to reignite demand after struggling to generate momentum with consumers in recent years, installing Arthur Hoeld as chief executive and moving to refresh its leadership ranks. Puma closed Monday at €21.63....

China’s Anta Sports Products said on Tuesday (January 27, 2026) it had agreed ​to buy a 29.06% stake in German ‌sportswear maker Puma from the ​Pinault family’s Artémis holding company for 1.51 billi...

China’s Anta Sports Products said on Tuesday (January 27, 2026) it had agreed ​to buy a 29.06% stake in German ‌sportswear maker Puma from the ​Pinault family’s Artémis holding company for 1.51 billion euros ($1.79 billion). The move cements a deal first reported by Reuters earlier this month and makes the Chinese group Puma’s largest shareholder. The Hong Kong-listed company will pay 35 euros per ​share in cash for 43 million Puma ⁠shares, Anta said in a stock exchange filing....

...Puma has been under pressure as demand weakened, and recent sneaker launches, including the Speedcat, failed to generate the momentum executives had hoped for. Hoeld, who took over ⁠last year, has outlined a turnaround focused on brand heat, performance products, and cost ​discipline. The deal is subject to antitrust clearances, ⁠shareholder approval at Anta, and regulatory approvals in China and other jurisdictions. Anta said it expects to convene an extraordinary general meeting, with closing targeted after conditions are ⁠met.

China’s Anta Sports Products said on Tuesday (January 27, 2026) it had agreed ​to buy a 29.06% stake in German ‌sportswear maker Puma from the ​Pinault family’s Artémis holding company for 1.51 billi...

China’s Anta Sports Products said on Tuesday (January 27, 2026) it had agreed ​to buy a 29.06% stake in German ‌sportswear maker Puma from the ​Pinault family’s Artémis holding company for 1.51 billion euros ($1.79 billion). The move cements a deal first reported by Reuters earlier this month and makes the Chinese group Puma’s largest shareholder. The Hong Kong-listed company will pay 35 euros per ​share in cash for 43 million Puma ⁠shares, Anta said in a stock exchange filing....

...Puma has been under pressure as demand weakened, and recent sneaker launches, including the Speedcat, failed to generate the momentum executives had hoped for. Hoeld, who took over ⁠last year, has outlined a turnaround focused on brand heat, performance products, and cost ​discipline. The deal is subject to antitrust clearances, ⁠shareholder approval at Anta, and regulatory approvals in China and other jurisdictions. Anta said it expects to convene an extraordinary general meeting, with closing targeted after conditions are ⁠met.

ANTA Sports fully appreciates PUMA’s management culture and independent governance as a German-listed company. ANTA Sports intends to seek adequate representation on PUMA’s Supervisory Board. These representatives will work closely with the other Supervisory Board members from both the shareholders’ and employee representatives’ side, while preserving PUMA’s strong brand identity and heritage....

Ding Shizhong, Board Chairman of ANTA Sports, commented: “This acquisition makes ANTA Sports the largest shareholder of PUMA and marks a major step forward in our ‘single-focus, multi-brand, globalization’ strategy. PUMA is an iconic global brand with substantial heritage....

...These representatives will work closely with the other Supervisory Board members from both the shareholders’ and employee representatives’ side, while preserving PUMA’s strong brand identity and heritage. The Group will carefully assess the possibility of further deepening the partnership between the two parties in the future. The Group currently has no plans to make a takeover offer for PUMA....

ANTA Sports fully appreciates PUMA’s management culture and independent governance as a German-listed company. ANTA Sports intends to seek adequate representation on PUMA’s Supervisory Board. These re...

ANTA Sports fully appreciates PUMA’s management culture and independent governance as a German-listed company. ANTA Sports intends to seek adequate representation on PUMA’s Supervisory Board. These representatives will work closely with the other Supervisory Board members from both the shareholders’ and employee representatives’ side, while preserving PUMA’s strong brand identity and heritage. The Group will carefully assess the possibility of further deepening the partnership between the two parties in the future....

...This all needs to change if Nike stock is going to get back to its winning ways. I'll leave shareholders with an encouraging thought: I believe new CEO Elliott Hill will do everything in his power to see Nike make a comeback. Hill worked for Nike for over 30 years, retired, and was then brought back in late 2024 as CEO. And he clearly wants to see Nike succeed....

...Moreover, Hill actually seems to believe that Nike will succeed. For evidence, consider that Hill increased his position in Nike stock by about 7% on Dec. 29, using $1 million of his own money. That high level of confidence from the CEO could point to better days ahead.

Nike NKE-N says it is investigating a potential data breach, after a group known for cyberattacks reportedly claimed to have leaked a trove of data related to its business operations. “We always take...

...“We always take consumer privacy and data security very seriously,” Nike said in a statement. “We are investigating a potential cybersecurity incident and are actively assessing the situation.” The ransomware group World Leaks said on its website that it had published 1.4 terabytes of data from Nike. Reuters could not immediately download the data or verify the claim....

Nike NKE-N says it is investigating a potential data breach, after a group known for cyberattacks reportedly claimed to have leaked a trove of data related to its business operations. “We always take consumer privacy and data security very seriously,” Nike said in a statement. “We are investigating a potential cybersecurity incident and are actively assessing the situation.”...

In this article: By Nicholas P. Brown and Raphael Satter NEW YORK, Jan 26 (Reuters) - Nike (NKE) says it is investigating a potential data breach, ​after a group known for cyber attacks reportedly c...

..."We are investigating a potential cyber security incident and are actively assessing the situation. " The ransomware group World Leaks said on its website that it had ⁠published 1.4 terabytes of data ‌from Nike. Reuters could not immediately download the data or verify the claim....

In this article: By Nicholas P. Brown and Raphael Satter NEW YORK, Jan 26 (Reuters) - Nike (NKE) says it is investigating a potential data breach, ​after a group known for cyber attacks reportedly claimed to ‌have leaked a trove of data related to its business operations. "We always take consumer ‌privacy and data security very seriously," Nike said in a statement. "We are investigating a potential cyber security incident and are actively assessing the situation....

The outdoor clothing and camping gear retailer Patagonia is suing drag performer and environmental activist Pattie Gonia for trademark infringement. The company’s lawsuit seeks $1 in damages and to block the performer from registering her drag name as a trademark or selling any merchandise with her drag name on it....

The performer also said that she wanted to “avoid any perceived association with the brand Patagonia” after discovering that one of its subsidiary companies “developed and sold tactical and military g...

The performer also said that she wanted to “avoid any perceived association with the brand Patagonia” after discovering that one of its subsidiary companies “developed and sold tactical and military gear to the U.S. government and police departments across the nation.” “Consumers have yet to hold the brand Patagonia responsible for NOT thinking beyond profit with the creation of Broken Arrow, which supports the very people and institutions destroying the planet – the US military is, after all, the world’s largest global polluter,” the performer wrote. “It is a disconcerting fact that for a company that claims to be ‘in business to save our home planet.'”...

...The Nike claim lands just weeks after another US sportswear heavyweight was forced into cleanup mode. Under Armour disclosed a breach following an attack by the Everest ransomware gang. According to Have I Been Pwned, the extortion crew exposed the details of 72.7 million Under Armour accounts, including names, email addresses, dates of birth, genders, geographic locations, and purchase information....

...Under Armour disclosed a breach following an attack by the Everest ransomware gang. According to Have I Been Pwned, the extortion crew exposed the details of 72.7 million Under Armour accounts, including names, email addresses, dates of birth, genders, geographic locations, and purchase information. As with most extortion claims, the true size and value of the haul is hard to judge without Nike putting more on the record....

...The Nike claim lands just weeks after another US sportswear heavyweight was forced into cleanup mode. Under Armour disclosed a breach following an attack by the Everest ransomware gang. According to Have I Been Pwned, the extortion crew exposed the details of 72.7 million Under Armour accounts, including names, email addresses, dates of birth, genders, geographic locations, and purchase information....

Nike says it is probing a possible breach after extortion crew WorldLeaks claimed to have lifted 1.4TB of internal data from the sportswear giant and posted samples on its leak site. In a listing seen by The Register, WorldLeaks alleges it has stolen 188,347 files from Nike's systems. The group has published the data with filenames pointing toward design and manufacturing workflows, rather than customer databases....

...The group has published the data with filenames pointing toward design and manufacturing workflows, rather than customer databases. Examples include directories labeled "Women's Sportswear," "Men's Sportswear," "Training Resource – Factory," and "Garment Making Process," suggesting the alleged haul centers on product development and production processes. Nike confirmed it's looking into the matter but stopped short of validating the criminals' claims. "We always take consumer privacy and data security very seriously," a spokesperson told The Register....

Nike says it is probing a possible breach after extortion crew WorldLeaks claimed to have lifted 1.4TB of internal data from the sportswear giant and posted samples on its leak site. In a listing see...

Trinity Rodman and the NWSL’s Washington Spirit announced the historic renewal of Rodman’s contract with the team, defining a new standard for women’s sports in the U.S. and across the globe. The announcement, set to inspire the next generation of female athletes and encourage young girls around the world, was made by Rodman at BMO Stadium in Los Angeles, California, alongside Washington Spirt Owner Michele Kang and Spirit President of Soccer Operations Haley Carter. “I’m grateful for partners like adidas and the Washington Spirit whose belief in this sport match my ambition,” said Trinity Rodman.

Trinity Rodman and the NWSL’s Washington Spirit announced the historic renewal of Rodman’s contract with the team, defining a new standard for women’s sports in the U.S. and across the globe. The ann...

As users continue to assess the Under Armour data breach, WorldLeaks, the rebranded version of the Hunters International ransomware group, is claiming to have breached Nike, Inc., a major U.S.-based athletic footwear and apparel company. The claims were published on the group’s official dark web leak site on Thursday, January 22, 2026....

...The claims were published on the group’s official dark web leak site on Thursday, January 22, 2026. Over the weekend, WorldLeaks updated the post with what it says is supporting evidence, alleging that the attackers exfiltrated more than 1.4 terabytes of Nike data with 188,347 files that are now being leaked online. It is worth noting that the same group was behind the Dell data breach in July 2025, in which it stole 1.3tb of data and later leaked it online....

...Nike’s Response Nike responded quickly, stating that it is investigating claims surfaced by WorldLeaks. “We always take consumer privacy and data security very seriously. We are investigating a potential cybersecurity incident and are actively assessing the situation,” the company said. Hackread.com is monitoring the situation, and this article will be updated as more information becomes available.

As users continue to assess the Under Armour data breach, WorldLeaks, the rebranded version of the Hunters International ransomware group, is claiming to have breached Nike, Inc., a major U.S.-based athletic footwear and apparel company. The claims were published on the group’s official dark web leak site on Thursday, January 22, 2026....

South Korean fashion and lifestyle platform Musinsa has reportedly entered discussions to secure local distribution rights for performance footwear brand Hoka. According to local sources, Musinsa is ...

...Other major fashion groups, including Shinsegae International and LF Corp, are also said to be considering bids, highlighting strong competition for the brand’s domestic distribution rights. Hoka’s Korea distribution has come under scrutiny after Joyworks & Co, its current local partner, faced public backlash linked to alleged misconduct by its CEO. Deckers has not publicly announced any termination or change to its existing distribution arrangement, but the situation has prompted speculation that the company may be reviewing its local strategy. Hoka has seen growing demand in South Korea amid increased participation in running and outdoor activities, with its footwear gaining popularity among both performance-focused consumers and lifestyle shoppers.

..." In early 2023, the Anti-Defamation League, a leading Jewish advocacy group, said it had documented at least 30 antisemitic incidents nationwide that "directly reference Ye." The ADL did not immediately respond to NBC News' request for comment on Ye's public apology. The outcry over Ye's public statements led various corporations and entertainment firms to cut ties with him, including the sportswear brand Adidas, which once sold his namesake Yeezy sneakers.

..." In early 2023, the Anti-Defamation League, a leading Jewish advocacy group, said it had documented at least 30 antisemitic incidents nationwide that "directly reference Ye." The ADL did not immediately respond to NBC News' request for comment on Ye's public apology. The outcry over Ye's public statements led various corporations and entertainment firms to cut ties with him, including the sportswear brand Adidas, which once sold his namesake Yeezy sneakers.

Kara Trent has been named Chief Merchandising Officer. In this role, Kara will lead category management and go-to-market initiatives, overseeing product line architecture, assortment planning, and channel segmentation to drive end-to-end category performance across the brand’s full portfolio....

Adam Peake has been named President, Americas, where he will lead Under Armour’s business across North and South America, overseeing marketplace strategy, distribution, and omni-channel growth. With more than 25 years of leadership experience – including 16 years at Under Armour in senior roles spanning U.S. sales, global marketing, footwear, and sport category leadership – Peake brings a strong understanding of how brand strategy drives commercial performance....

BALTIMORE — January 15, 2026 — Under Armour, Inc. announced a series of senior leadership changes to further strengthen its global product, brand, and marketplace engines. Effective Feb. 2, these moves accelerate the company’s transformation by sharpening execution, reinforcing operational discipline, and aligning product, brand, and go-to-market leadership under a unified operating model to drive sustainable growth and improved financial performance....

Please join me in thanking Angela for her dedication and wishing her the best in her next chapter. Greater China is at a critical moment that calls for a leader who knows how to rebuild momentum, ear...

BEAVERTON, Ore. — January 15, 2026 — NIKE, Inc. shared the following note with teammates regarding changes to its Senior Leadership Team: To: Lst-Global From: EHill Subject: Leadership Announcements Team, In recent months, the Senior Leadership Team has benefited from having our Geography VP/GMs at the table helping us move faster and bringing us closer to athletes* in both countries and marketplaces around the world. As we continue to drive our Win Now actions and stand up our Sport Offense, I’d like to share several important leadership changes across three of our Geo VP/GM roles....

If you look at what we’ve proven since—that athletes* don’t just endorse culture, they shape it; that taking a point of view like Just Do It beats playing it safe; and that sport is a mirror of societ...

They found that the recycled polyester garments in the sample released 55% more fibres per gram on average than virgin polyester garments. The fibres dropped by recycled polyester were consistently smaller than those shed by virgin polyester, which means they will disperse more widely in the environment and can be more easily ingested by organisms, and penetrate deeper into lungs and tissues....

Already, 99% percent of Adidas’ polyester is recycled, while H&M is at 94%. Adidas has claimed that using recycled plastic helps “stop pollution of the world’s oceans”, while Nike claims its use of re...

Adidas said most scientific studies show “no difference” between recycled and new fibres in terms of microfibre release. The testing, which was commissioned by the environmental NGO Changing Markets, found the highest number of fibres and fine particles were released by garments made from recycled polyester. Polyester clothes – such as fleeces and sportswear – shed tiny plastic fibres when they are washed and this is a significant contributor to microplastic pollution in the ocean both in Europe and globally....

Nike’s Greater China lead Angela Dong is stepping down, effective March 31. Dong joined in 2005 and held a range of increasingly senior roles across the region for all 20-plus years; that said, 25-yea...

Shuffle Board: Gap Names Entertainment Exec, Under Armour Overhauls C-Suite Shuffle Board: Another Stitch Fix Exec Joins Smart Shopper Platform, CFY After joining Nike in 1997, Carl Grebert is retiring, to be succeeded by César Garcia, who will be named Nike’s next vice president and general manager of Europe, the Middle East and Africa, on Feb. 2.

...The selection process for Bottega Veneta’s next CEO is underway, per Kering, with the appointment to be announced in the near future. Nike Nike has overhauled three regional senior leadership teams (SLTs) as part of its “Win Now” and athlete-first strategy. CEO Elliott Hill said the changes—affecting the “geos” of Greater China, EMEA and APLA—are meant to “remove layers” and improve execution, according to an internal memo....

"To put a finer point on it, we cannot selectively choose to enforce our rights based on whether we agree with a particular point of view,” the company said in its release. "For these reasons, Pattie Gonia’s use of a near-copy of our name commercially . . ....

"To put a finer point on it, we cannot selectively choose to enforce our rights based on whether we agree with a particular point of view,” the company said in its release. "For these reasons, Pattie ...

The outdoor apparel brand Patagonia is suing drag queen Pattie Gonia for trademark infringement, arguing that the move was "to protect the brand we have spent the last 50 years building," according to a press release. The clothing brand claims that the drag queen's name, a play on its own, could be confusing to consumers....

...Word of the breach surfaced when certain information of cusotmers were posted on a hacker forum. “We are aware of claims that an unauthorized third party obtained certain data. Our investigation of this issue with the assistance of external cybersecurity experts is ongoing....

This individual noted that the investigation indicates that a “fraction” of that number were compromised. Word of the breach surfaced when certain information of cusotmers were posted on a hacker forum. “We are aware of claims that an unauthorized third party obtained certain data....

...We are investigating a potential cyber security incident and are actively assessing the situation,” Nike told Footwear News. At Under Armour, the data breach reportedly occurred in November, with ransomware gang Everest claiming responsibility. The shoe and apparel firm is in the midst of conducting a full investigation....

...Inc. are on the list. The malware that is used prevents companies from accessing their data until payment is made to restore access. Strong-arm tactics are used to scare victim companies into meeting payment demands.

...Nike Gives the Air Max 95 OG Big Bubble a New Update With First-of-its-Kind Details “We always take consumer privacy and data security very seriously. We are investigating a potential cyber security incident and are actively assessing the situation,” Nike told Footwear News. At Under Armour, the data breach reportedly occurred in November, with ransomware gang Everest claiming responsibility....

The alleged ransomware breach at Nike is reportedly attached to a countdown clock expiring 6 p.m. Saturday when stolen data could be leaked publicly. Inc. are on the list....

The "Get Low" collection is designed to support customers during training and features seamless technology to provide a sculpted look and feel in a weightless, fast-drying fabric, the spokesperson said. In 2024, Lululemon pulled its "Breezethrough" leggings just weeks after their debut following negative reviews shared by customers on social media. The company announced last month that CEO Calvin McDonald will step down on Jan. 31, as the brand struggles to compete in the crowded athleisure market. RECALL EXPANDS TO NEARLY 1M FRIGIDAIRE MINIFRIDGES SOLD...

...RECALL EXPANDS TO NEARLY 1M FRIGIDAIRE MINIFRIDGES SOLD AT TARGET OVER FIRE HAZARDS Lululemon is also facing pressure from activist investor Elliott Management, which disclosed a roughly $1 billion stake in December and is working with former Ralph Lauren executive Jane Nielsen as a potential CEO candidate, according to Reuters.

Lululemon Athletica Inc. said Tuesday it was pausing online sales of a new clothing line after users launched complaints that the attire was too revealing. The announcement comes after Reddit users complained that the leggings from the brand's new workout line, "Get Low," are "see-through" when bending or squatting. "The collection remains available in our stores in North America, but we have temporarily paused sales online in the market to better understand some initial guest feedback and support with product education," a company spokesperson told FOX Business....

BALTIMORE (AP) — Clothing retailer Under Armour is investigating a recent data breach that purloined customers’ email addresses and other personal information, but so far there are no signs the hackers stole any passwords or financial information. The breach is believed to have happened late last year, and affected 72 million email addresses, according to information cited by the cybersecurity website Have I Been Pwned....

BALTIMORE (AP) — Clothing retailer Under Armour is investigating a recent data breach that purloined customers’ email addresses and other personal information, but so far there are no signs the hackers stole any passwords or financial information. The breach is believed to have happened late last year, and affected 72 million email addresses, according to information cited by the cybersecurity website Have I Been Pwned. Some of the records taken also included personal information that included names, genders, birthdates and ZIP codes....

BALTIMORE (AP) — Clothing retailer Under Armour is investigating a recent data breach that purloined customers’ email addresses and other personal information, but so far there are no signs the hackers stole any passwords or financial information. The breach is believed to have happened late last year, and affected 72 million email addresses, according to information cited by the cybersecurity website Have I Been Pwned....

BALTIMORE (AP) — Clothing retailer Under Armour is investigating a recent data breach that purloined customers’ email addresses and other personal information, but so far there are no signs the hackers stole any passwords or financial information. The breach is believed to have happened late last year, and affected 72 million email addresses, according to information cited by the cybersecurity website Have I Been Pwned....

BALTIMORE (AP) — Clothing retailer Under Armour is investigating a recent data breach that purloined customers’ email addresses and other personal information, but so far there are no signs the hackers stole any passwords or financial information. The breach is believed to have happened late last year, and affected 72 million email addresses, according to information cited by the cybersecurity website Have I Been Pwned. Some of the records taken also included personal information that included names, genders, birthdates and ZIP codes....

...The breach is believed to have happened late last year, and affected 72 million email addresses, according to information cited by the cybersecurity website Have I Been Pwned. Some of the records taken also included personal information that included names, genders, birthdates and ZIP codes. In an Under Armour statement acknowledging its investigation into the claims of a data breach, the Baltimore-based company said: “We have no evidence to suggest this issue has affected UA.com or systems used to process payments or store customer passwords....

...The alleged misconduct spanned from the third quarter of 2015 through the fourth quarter of 2016,” the ruling says. The plaintiffs in the shareholder case added allegations of improper accounting practices to their suit. Under Armour settled the shareholder suit for $434 million and the SEC case for $9 million. It sought coverage under its 2016 and 2017 policies, both of which offered $100 million in limits and were led by different insurers....

“Specifically, the SEC contended Under Armour had pulled revenue expected in later quarters into earlier quarters to make its financial performance look better. The alleged misconduct spanned from the third quarter of 2015 through the fourth quarter of 2016,” the ruling says. The plaintiffs in the shareholder case added allegations of improper accounting practices to their suit....

Under Armour can’t make separate claims on two $100 million directors and officers liability policies in claims related to a shareholder suit and a government investigation because the allegations were “logically or causally related,” a federal appeals court ruled. Reversing a lower court, the 4th U.S. Circuit Court of Appeals in Richmond, Virginia, ruled Tuesday in Navigators Insurance Co. v. Under Armour Inc., the sports apparel company could access only one policy limit to fund settlements totaling $443 million. The suit stems from statements Under Armour executives made in 2016 about the company’s revenue growth. The executives allegedly said the company would continue to grow despite financial problems at Sports Authority, one of its main customers. The executives then allegedly profited from stock sales before Sports Authority filed for Chapter 11 bankruptcy. In addition, in June 2017 the U.S. Securities and Exchange Commission began an investigation into Under Armour over alleged “shifting of revenue” between reporting periods.

...However, Wilson’s intervention is complicated by his own role in the brand’s history. During the 2013 see-through scandal, he drew condemnation after suggesting that “some women’s bodies just don’t work” for the company’s tight-fitting pants, remarks widely criticised as fat-shaming. •...

That legacy has not been forgotten by critics who view Wilson as a liability. The Substack writer behind The Dandelion Tiger, a popular blog about about fashion, lifestyle and beauty brands, recently ...

This week Wilson seized on the latest setback as proof that the company had drifted from its product-obsessed roots. In a LinkedIn post he called the incident a “new low” and a “total operational failure”, arguing that persistent problems reflected a board lacking experience in “creative businesses” and insufficient attention to product development and quality. In the same post he said he had believed “Lululemon has lost its cool for some time”....

...The setback adds to a series of challenges for the Vancouver-based company. Lululemon is facing a proxy fight initiated in December by founder Chip Wilson, who nominated three independent directors to the company's board. Lululemon Faces Investor Pressure...

"It seems like the company has had issues with product development for some time. This is something that the new CEO will need to address," said David Swartz, a Morningstar analyst. The setback adds to a series of challenges for the Vancouver-based company....

...Lululemon is facing a proxy fight initiated in December by founder Chip Wilson, who nominated three independent directors to the company's board. Lululemon Faces Investor Pressure The retailer is also under pressure from activist investor Elliott Management, which purchased roughly $1 billion in shares last year and is reportedly considering former Ralph Lauren executive Jane Nielsen as a potential CEO candidate. Despite these struggles, Lululemon has maintained strong holiday sales....

'It just feels like a tone deaf situation from Nike, from LeBron, from all parties involved.' Dennis also chided the company for also using the shoe to honor a 51-point performance James had against the Memphis Grizzlies in 2008. 'Because that moment in American history deserves to be in the same space as the assassination of Dr Martin Luther King,' a sarcastic Dennis said. The Atlanta-based writer also pointed out that King was in Memphis on the day he was shot to support the rights of sanitation workers. He believes that message contradicts the company's history of overseas labor practices. 'Dr Martin Luther King was killed while trying to fight against the dreads of capitalism....

...The Atlanta-based writer also pointed out that King was in Memphis on the day he was shot to support the rights of sanitation workers. He believes that message contradicts the company's history of overseas labor practices. 'Dr Martin Luther King was killed while trying to fight against the dreads of capitalism. There's nothing more capitalist than slapping Nike on a shoe, on a color that sort of trivializes — not sort of — very much so trivializes one of the most gruesome murders in American history,' he said.

'Absolutely disgraceful move from all parties involved. I don't even know where the money's going… this is just bad marks all around for everybody involved. Disgraceful, disgusting act and I hope they can figure out some sort of way to right this wrong.' The sneaker is set to have a wide release to the general public on February 24, according to multiple sources.

The pause comes as Lululemon deals with several challenges including a proxy fight launched in late December by founder Chip Wilson, who nominated three independent directors to the company’s board. Lululemon is also under activist pressure from Elliott Management, which took a roughly $1 billion stake in the firm in December and has been working with former Ralph Lauren executive Jane Nielsen as a potential candidate for its CEO role....

The pause comes as Lululemon deals with several challenges including a proxy fight launched in late December by founder Chip Wilson, who nominated three independent directors to the company’s board. Lululemon is also under activist pressure from Elliott Management, which took a roughly $1 billion stake in the firm in December and has been working with former Ralph Lauren executive Jane Nielsen as a potential candidate for its CEO role. Its shares were down about 5% in afternoon trading amid broader market declines....

Lululemon Athletica founder Chip Wilson is intensifying his proxy battle with the athletic apparel maker, aiming to remove private equity firm Advent International from the company’s board of directors. According to a report published by Semafor on Monday, Wilson is pushing for significant governance changes as part of a broader effort to reshape Lululemon’s leadership and strategic direction....

The unfolding proxy fight highlights growing tensions between Lululemon’s founder, its board, and major institutional investors, all against the backdrop of increased activism in the retail and apparel industry. Reuters said it could not independently verify the Semafor report, and neither Lululemon nor Advent International immediately responded to requests for comment....

...However, sources cited by Semafor say he has drawn a firm line regarding any potential settlement with the company. Wilson reportedly will not consider ending the proxy fight unless two long-serving directors step down, including board chair David Mussafer. Advent International, which holds a board seat, is also a central focus of Wilson’s criticism, with the founder reportedly frustrated by what he views as the private equity firm’s inconsistent track record in the consumer and retail sector....

Lululemon also faces activist pressure from Elliott Management, which took a $1 billion stake in the company earlier in December and has been working closely with former Ralph Lauren executive Jane Nielsen for a potential CEO role. Reuters could not immediately verify the report....

Jan 19 (Reuters) - Lululemon founder Chip Wilson is trying to excise private equity firm Advent from the apparel maker's board as part of an ongoing proxy fight, Semafor reported on Monday, citing people familiar with the matter. Wilson had launched a proxy fight in late December by nominating three independent directors to the company's board. Wilson is one of Lululemon's largest independent shareholders, with a 4.27% stake as of December 2025, according to data compiled by LSEG....

...Wilson is one of Lululemon's largest independent shareholders, with a 4.27% stake as of December 2025, according to data compiled by LSEG. While Wilson has said he does not want a board seat, he is making it clear that he will not consider any settlement with Lululemon unless two legacy directors, including chair David Mussafer, resign, Semafor reported. The yogawear maker founder's frustrations have been compounded by Advent's spotty record in the consumer space, according to the Semafor report.

A federal judge on Thursday ruled against a last-minute effort to convert a long-running sex discrimination lawsuit against Nike into a class action. She also ordered a five-day trial, starting March 2, on the claims of the only remaining plaintiff. The lawsuit, filed in August 2018, described Nike as a place where “women are devalued and demeaned” and systematically underpaid or passed over for promotions, allegations the company has consistently disputed. In Thursday’s four-page ruling, U.S. District Judge Amy Baggio cited the “unreasonable delay” of the request to make a second argument for certifying a class, which, if successful, could have extended any ruling or monetary award to a broader group of alleged victims....

...The lawyer did not provide details of the tentative settlement, but she said it fell apart because plaintiffs’ lawyers wanted to limit how much legal insulation Nike would have from similar claims. At the hearing, a lawyer for plaintiffs said a deal had not been reached and asked the court to reconsider the 2022 decision not to convert the lawsuit into a class action, citing “changes to the evidentiary record,” namely a set of unofficial workplace complaints called the Starfish survey that Nike partially withheld in response to initial discovery orders. At the September hearing, Baggio said the case had been “lingering way too long in the court.”...

A federal judge on Thursday ruled against a last-minute effort to convert a long-running sex discrimination lawsuit against Nike into a class action. She also ordered a five-day trial, starting March 2, on the claims of the only remaining plaintiff....

The activation responds to commissioned research, revealing that nearly 8 in 10 Australians (79%) cite physical discomfort as a barrier to running more regularly, despite 85% recognising that movement helps boost their mental wellbeing. With physical discomfort the number one barrier for Australians to get running (31%), many revealed that a simple footwear upgrade to more comfortable shoes (46%) would see them lace up and move more....

...The response has been overwhelming, with significant ballot interest in the 48 hours. We’re excited to bring this to life and prove that comfort truly changes everything.” All swapped shoes will be collected and recycled through ASICS’ partner Tread Lightly, transforming them into running tracks, sports flooring, and playground surfaces of the future. The ASICS GEL-NIMBUS™ 28 running shoe is available now at www.asics.com....

Leadership changes have followed. In October 2024, Elliott Hill took over as chief executive officer from John Donahoe, helming the top role after a long career at the company. Since then, Nike has restructured its senior leadership team, retiring certain roles and consolidating others in an effort to sharpen focus and execution. Nike Mind can be seen within this broader context as part of an attempt to reassert the brand’s innovation credentials....

...Over the past few years, Nike has faced slowing growth, margin pressure and intensifying competition from newer performance and lifestyle brands. In fiscal 2025, the company reported a decline in revenues of around 10 per cent, alongside a sharper fall in profitability. Weakness in key markets, particularly Greater China, combined with higher costs and inventory challenges, has weighed on overall performance.

...Nike Mind is a new platform centred on neuroscience-based footwear designed to support mental presence as much as physical readiness. It marks a clear attempt by the brand to broaden its definition of performance beyond muscle and motion to include mentality and focus. Nike Mind comprises two silhouettes, the Mind 001 mule and the Mind 002 sneaker, both built to stimulate sensory receptors underfoot and activate key areas of the brain connected to focus and awareness. The footwear, arriving in stores and on nike.com from January 2026, features 22 anatomically mapped foam nodes that interact with mechanoreceptors on the sole of the foot....

Elliott isn't the only force pushing for change. Founder and former chairman Chip Wilson, who remains the company’s second-largest shareholder, has simultaneously launched a proxy fight to install three new directors. Wilson’s nominees include heavy hitters like Marc Maurer, the former co-CEO of On Holding AG (NYSE: ON), and Laura Gentile, a veteran marketing executive....

...While McDonald led the company through a period of immense growth since 2018, his final year was defined by a loss of inventory discipline and the high-profile failure of the "Breezethrough" legging line, which was pulled from shelves shortly after launch due to design flaws. Elliott Management has seized on these missteps, arguing that the board of directors has failed in its oversight duties and allowed the brand to drift into "distractions" rather than maintaining its status as the premier innovator in the yoga and running categories.

...Wilson’s nominees include heavy hitters like Marc Maurer, the former co-CEO of On Holding AG (NYSE: ON), and Laura Gentile, a veteran marketing executive. While Elliott and Wilson are not officially coordinating, their goals appear to align: both want a clean sweep of the leadership team. Elliott is reportedly lobbying for Jane Nielsen, the veteran executive from Ralph Lauren Corp. (NYSE: RL), to take the helm, bypassing the board’s current plan for an interim co-CEO structure.

...Nike rarely launches a product without commanding attention, but its latest Neuroscience shoe line has sparked a conversation that goes beyond performance and innovation. Instead of focusing on cushioning or biomechanics, social media users are questioning originality after noticing striking similarities between Nike’s new designs and an Indian footwear concept that circulated online months earlier. What began as casual comparison quickly escalated into a wider debate about influence, credit, and creative ownership in global fashion....

...While large brands like Nike operate with extensive research teams and creative pipelines, grassroots designers often rely on visibility through social media. When a global label releases a product that resembles an independently shared idea, it can create a power imbalance where the origin of creativity becomes blurred. Image credit : X| @nicekicks| Users flag striking similarities in new Nike footwear Online users have also noted that the Indian concept gained traction organically, without the backing of a major brand....

...When a global label releases a product that resembles an independently shared idea, it can create a power imbalance where the origin of creativity becomes blurred. Image credit : X| @nicekicks| Users flag striking similarities in new Nike footwear Online users have also noted that the Indian concept gained traction organically, without the backing of a major brand. That context has amplified calls for transparency and acknowledgement, even as others caution against drawing conclusions without direct evidence. The debate reflects growing awareness among consumers who are no longer passive audiences but active critics of design ethics....

The announcement comes as Lululemon is facing intense criticism just as it prepares to shake up its management. On Dec. 11, CEO Calvin McDonald announced he will step down from his role at the end of January. McDonald took the helm in 2018 and was responsible for the company expanding further into menswear and signing several sports league partnerships....

...However, the brand has also faced several challenges during his time in leadership. Competitors like Alo and Vuori have proven to be fierce rivals and Lululemon has struggled to bring its customers enough newness — a measure of how fresh consumers see the brand’s colourways, styles and materials. Lululemon founder Chip Wilson, who left the company’s board in 2015, has regularly attacked management for poor decision making. He recently went one step further, nominating three candidates for Lululemon’s board and saying the search for McDonald’s replacement should be led by new, independent directors.

...Competitors like Alo and Vuori have proven to be fierce rivals and Lululemon has struggled to bring its customers enough newness — a measure of how fresh consumers see the brand’s colourways, styles and materials. Lululemon founder Chip Wilson, who left the company’s board in 2015, has regularly attacked management for poor decision making. He recently went one step further, nominating three candidates for Lululemon’s board and saying the search for McDonald’s replacement should be led by new, independent directors.

..."In Los Angeles, a global capital of creativity, the studio is both a home for Puma's teams and a platform for engaging with the broader culture of the city — an architecture of possibility that anticipates the future of work. " Puma's innovations over the past decade include steps towards creating a fully biodegradable shoe and self-lacing trainers that tighten at the swipe of a finger. West of West has previously proposed a vertical co-living neighbourhood for San Francisco and completed a concrete office complex in Austin.

...The complex also includes a Studio48 design workshop, similar to Puma's sites in Herzogenaurach, Germany, and Boston, USA. This encompasses a full footwear and apparel material library, facilities for large- and small-scale printing, an array of sewing machines, and moveable pin-up walls and photoshoot backdrops. A humidity-controlled room houses 3D-printing machines, a DTG printer, laser cutter, and an insulated and venting operating spray room.

..."In Los Angeles, a global capital of creativity, the studio is both a home for Puma's teams and a platform for engaging with the broader culture of the city — an architecture of possibility that anticipates the future of work. " Puma's innovations over the past decade include steps towards creating a fully biodegradable shoe and self-lacing trainers that tighten at the swipe of a finger. West of West has previously proposed a vertical co-living neighbourhood for San Francisco and completed a concrete office complex in Austin.

Lululemon has been hit hard by tariffs, and the headwinds could have contributed to the decision to push out CEO Calvin McDonald, and the turmoil that has surrounded the company since then, as founder Chip Wilson is pushing for a proxy battle. Lululemon said before that the removal of the de minimis exemption would cost it about $240 million in fiscal 2026, and it has forced it to rearrange its distribution network to fulfill U.S. online orders domestically....

Lululemon has been hit hard by tariffs, and the headwinds could have contributed to the decision to push out CEO Calvin McDonald, and the turmoil that has surrounded the company since then, as founder Chip Wilson is pushing for a proxy battle. Lululemon said before that the removal of the de minimis exemption would cost it about $240 million in fiscal 2026, and it has forced it to rearrange its distribution network to fulfill U.S. online orders domestically....

...At Starbucks, Elliott's efforts quickly culminated in the appointment of Brian Niccol as CEO, now working to reset the company's strategy and restore investor confidence. Elliott's presence justified the urgency required and its endorsement of Niccol gave the board the external credibility to act quickly. Since Elliott engaged Lululemon, on Dec. 29, Chip Wilson has nominated three directors – Marc Maurer, the former co-CEO of On Holding AG; Laura Gentile, former chief marketing officer of ESPN; and Eric Hirshberg, former CEO of Activision, the largest segment of Activision Blizzard – for election to the board at the 2026 annual meeting. Ken Squire is the founder and president of 13D Monitor, an institutional research service on shareholder activism, and the founder and portfolio manager of the 13D Activist Fund, a mutual fund that invests in a portfolio of activist investments.

When an activist comes to a company with an idea or recommendation, they are just as happy if the company takes that recommendation or comes up with a better one. Elliott is not saying that Jane Niels...

...These product missteps have been further compounded by broader operational issues in the areas of marketing, supply chain and corporate cost controls. Together, these issues have driven margin pressure, eroded brand momentum in North America, and ultimately contributed to the sharp decline in the company's stock price. On Dec. 11, 2025, Lululemon announced that McDonald would step down as CEO effective Jan. 31, 2026.

Nike just did it. Yes, the athletic footwear and apparel company finally sold off its non-fungible token (NFT) arm, RTFKT. This is a quiet end to an acquisition that once symbolized the company’s am...

RTFKT became a key player in developing Nike’s Web3 strategy, launching virtual sneakers and avatars before Nike eventually shuttered and sold the subsidiary. Nike moves away from NFT and Metaverse The OregonLive reported on Jan. 6 that Nike has sold its digital art and collectibles studio. The sale followed the company's decision in 2023 to shut down the subsidiary. Current CEO Elliott Hill is shifting the company's focus back to core sports performance and rebuilding relationships with major wholesale partners such as Dick’s Sporting Goods and Foot Locker....

...Nike moves away from NFT and Metaverse The OregonLive reported on Jan. 6 that Nike has sold its digital art and collectibles studio. The sale followed the company's decision in 2023 to shut down the subsidiary. Current CEO Elliott Hill is shifting the company's focus back to core sports performance and rebuilding relationships with major wholesale partners such as Dick’s Sporting Goods and Foot Locker. The sportswear giant confirmed with OregonLive that the sale of RTFKT, pronounced “Artifact," became effective on Dec. 16, launching what it called “a new chapter for the company and its community.”

What happened: On Dec. 11, Lululemon said chief executive Calvin McDonald would step down and that the company was searching for a successor. Outsiders, including founder Chip Wilson and activist investor Elliott Investment Management, have some ideas....

...Outsiders, including founder Chip Wilson and activist investor Elliott Investment Management, have some ideas. Opening moves: Elliott disclosed last month that it had amassed a more than $1 billion stake in the activewear brand, and put forward ex-Ralph Lauren executive Jane Nielsen for the CEO role. Wilson, who hasn’t had a formal role at Lululemon for a decade but remains one of its biggest shareholders, nominated three board members, launching a proxy fight to steer the company’s future....

What happened: On Dec. 11, Lululemon said chief executive Calvin McDonald would step down and that the company was searching for a successor. Outsiders, including founder Chip Wilson and activist inve...

...No buyer or deal terms disclosed, according to OregonLive. The NFT market cap sits near $2.78 billion, down over 67% year over year. Nike reportedly sold its digital products unit RTFKT in December 2025, about a year after shutting down the business. The exit from its high-profile digital bet comes as the company focuses back to core sports products....

...Strategy Shift Under New CEO RTFKT was bought by Nike in 2021 under former CEO John Donahoe, during a push into digital sales and virtual products. That strategy changed after Elliott Hill took over as CEO in late 2024. Hill has spent his second year pulling Nike back toward sports, footwear, and wholesale partners.

...According to a recent report by OregonLive, the sale was effective Dec. 16. The buyer or share financial terms have not been disclosed yet. Strategy Shift Under New CEO RTFKT was bought by Nike in 2021 under former CEO John Donahoe, during a push into digital sales and virtual products....

The head of the Korean distributor of sportswear brand HOKA has apologized for assaulting subcontractor employees and stepped down from his post, the company said Wednesday. "Cho Seong-hwan, chief executive officer (CEO) of Joyworks & Co., acknowledged his misconduct and offered his resignation," the company said....

The head of the Korean distributor of sportswear brand HOKA has apologized for assaulting subcontractor employees and stepped down from his post, the company said Wednesday. "Cho Seong-hwan, chief executive officer (CEO) of Joyworks & Co., acknowledged his misconduct and offered his resignation," the company said. Cho also issued a public apology on the company's website, saying, "I sincerely apologize for causing anger and disappointment to many people due to my inappropriate behavior. " He said he will take full responsibility for the incident and step down as CEO. Earlier, local media reported that Cho summoned the representative and employees of a subcontracting company to an abandoned church building in Seoul, where he allegedly assaulted and verbally abused them. Following the reports, public criticism intensified, triggering a consumer boycott of HOKA products.

The head of the Korean distributor of sportswear brand HOKA has apologized for assaulting subcontractor employees and stepped down from his post, the company said Wednesday. "Cho Seong-hwan, chief executive officer (CEO) of Joyworks & Co., acknowledged his misconduct and offered his resignation," the company said. Cho also issued a public apology on the company's website, saying, "I sincerely apologize for causing anger and disappointment to many people due to my inappropriate behavior....

Last week, he announced that he has submitted a notice to nominate three people to stand for election as directors at Lululemon’s 2026 annual shareholders’ meeting. Wilson also wants Lululemon shareholders to be able to elect all corporate directors annually. The company currently staggers its elections for board directors, Wilson said in a news release. Wilson is urging shareholders to vote for Marc Maurer, Laura Gentile and Eric Hirshberg in this year’s board election....

Last week, he announced that he has submitted a notice to nominate three people to stand for election as directors at Lululemon’s 2026 annual shareholders’ meeting. Wilson also wants Lululemon shareholders to be able to elect all corporate directors annually....

The company is conducting what it called a “comprehensive” search for a new CEO while activist investor Elliott Investment Management LP is pushing for it to name former Ralph Lauren Corp. (NYSE:RL) executive Jane Nielsen to the post. Elliott has amassed a stake in the company worth more than US$1 billion....

This audio is auto-generated. Please let us know if you have feedback. Lululemon founder Chip Wilson is not following up with the brand after announcing that he would nominate three people to its board and advocate for annual board elections, the brand said last week. A week ago, Wilson said he would nominate Marc Maurer, former co-CEO of Swiss sneaker company On Holding; Laura Gentile, former chief marketing officer of ESPN; and Eric Hirshberg, former Activision CEO....

Last week, Wilson slammed McDonald’s departure’s as “the third total failure of Board oversight with no clear succession plan in place” and said “shareholders have no faith” in the board’s ability to ...

“In the interest of avoiding a costly and distracting proxy fight, the Board requested from Mr. Wilson the names of his director nominees to evaluate their qualifications and backgrounds, but Mr. Wils...

Under Armour dismissed her days later, stating she had “attempted to steal products from the company” and that her “various contradictory statements are implausible.” The company cited internal rules that explicitly state, “Under Armour does not allow teammate merchandise holds at any time of year, no matter the length or reason,” and require alarm tags on items priced from 49.99 euros upward. The former employee sued....

...All claims for overtime pay were denied due to lack of proof that the hours had been approved. “The suspicion of attempted theft was justified,” the court concluded, adding that Under Armour “could no longer reasonably be required to continue the employment relationship.”

The court rejected all her claims. The judge ruled that, even if she did not intend to steal the bag herself, her behavior, inconsistent explanations, emails, and hostile conduct were enough to warrant dismissal. The court also ordered her to repay 3,209.61 euros in net salary for May 2025 that Under Armour accidentally paid after she was laid off....

Chip Wilson, founder of Lululemon—and one of the Vancouver-based athletic purveyor’s largest shareholders—has nominated three independent director candidates for election to the Lululemon board of directors at the 2026 annual meeting of shareholders. Marc Maurer is the former co-chief executive officer of On Holding AG....

...At the same time, Activision’s segment profit nearly doubled during Hirshberg’s almost eight years in the role, according to internal financial data. At the same time, Wilson submitted a non-binding proposal calling for the board to immediately declassify so that all directors are elected annually by shareholders. Per Wilson, only around 10 percent of S&P 500 companies have staggered director elections, as informed by diligent market intelligence procured in May that found investors ramping up board declassification efforts as governance “returns to forefront.” Logistics Spar Group

...The reasons are simple. He is one of us and he and his company have invested heavily in the city, from the UA House at Fayette to its corporate headquarters on the Baltimore Peninsula (formerly Port Covington). He and his wife have supported many local nonprofits, quietly and without fanfare improving the lives of those in need....

...He is one of us and he and his company have invested heavily in the city, from the UA House at Fayette to its corporate headquarters on the Baltimore Peninsula (formerly Port Covington). He and his wife have supported many local nonprofits, quietly and without fanfare improving the lives of those in need. So the next time you think of buying a competing product, ask yourself how much you have seen that particular sports apparel company in Baltimore making a difference in your community and then go buy Under Armour! — Scott Wilfong, Baltimore

...“We’re so excited to bring ‘Run With the Roses’ back for the third year,” said Kara Schlosser, a vice president with Lululemon. “Community and movement are at the heart of who we are and there’s no better way to ring in the new year than coming together for a midnight 5K.” Jarret Liotta is a Los Angeles-based freelance writer and photographer.

Nike Inc. will remain a defendant for now in a lawsuit filed by three men who allege they were attacked by security guards in February while taking photos of a rare Jordan Brand Koenigsegg sports car parked outside Crypto.com arena to celebrate the trade of guard Luka Doncic to the Lakers, a judge has ruled. On Wednesday, Los Angeles Superior Court Judge Dean J. Kitchens denied a motion by Nike attorneys to dismiss all claims against the footwear company. The judge did find insufficient facts to support the plaintiffs’ claims for negligent hiring, supervision or retention, but said the plaintiffs had provided enough details to back allegations for assault, battery, intentional infliction of emotional distress and negligence....

In their court papers, the Nike attorneys contended that the twice-amended lawsuit offers no evidence that any Nike employee touched, confronted, communicated with, or interacted with the trio, or that the company hired, trained, supervised or communicated with the security guards. But the judge noted in his ruling that the plaintiffs allege that Nike hired AJ Melino & Associates Inc. to provide security and that was enough to allege the footwear company is responsible for the actions of the security firm. Previously, Moran and the Arciniegas dropped the Los Angeles Lakers as a defendant based on representations from L.A. Live, another co-defendant, that the Lakers did not control or have any other involvement with the premises or the event and that the Lakers did not employ any security personnel....

The search for Lululemon's (LULU 1.36%) next CEO is getting messy. Not only was there no clear succession plan when CEO Calvin McDonald announced his impending resignation, but activist investor Elliot Investment Management has built a stake and is pushing a specific pick, and founder Chip Wilson is looking to replace board members before a decision is made. All of this will be behind the company at some point next year, and the next CEO will then have the task of returning the core U.S. business to growth....

The search for Lululemon's (LULU 1.36%) next CEO is getting messy. Not only was there no clear succession plan when CEO Calvin McDonald announced his impending resignation, but activist investor Elliot Investment Management has built a stake and is pushing a specific pick, and founder Chip Wilson is looking to replace board members before a decision is made. All of this will be behind the company at some point next year, and the next CEO will then have the task of returning the core U.S. business to growth....

“I think it’s great,” she said. “It’s not cold, it’s just wet.” The gathering was also loud, with a deejay striving to pump the runners up with loud music and enthusiastic chatter before the race. Ru...

He insisted that the next chief executive officer appointment should take place only after significant changes to the board’s membership. Lululemon’s CEO, Calvin McDonald, is leaving the company in January, and Mr. Wilson called the lack of clear succession planning a “total failure of board oversight.”...

...“Chip’s comments do not change our priorities or focus,” Ms. Frank said in the letter. “The best way you can help is by remaining focused on your day-to-day roles and responsibilities, and meeting our goals. On Monday, Mr. Wilson, a major shareholder, nominated three new directors to the board for a shareholder vote at the company’s next annual general meeting.

On December 29, 2025, lululemon athletica Inc. informed its senior leadership that founder Chip Wilson intends to nominate 3 director candidates for the company?s upcoming 2026 annual meeting of shareholders. Following the announcement, the company issued internal memo emphasizing that the move would not impact day-to-day operations or the execution of its current growth strategy, reassuring employees that it remains business as usual....

...Following the announcement, the company issued internal memo emphasizing that the move would not impact day-to-day operations or the execution of its current growth strategy, reassuring employees that it remains business as usual. In addition, the Company further clarified that the Board of Directors will evaluate the nominations through its established process and provide a formal recommendation in a forthcoming proxy statement filed with the Securities and Exchange Commission.

VANCOUVER — Lululemon Athletica Inc. is telling employees that it’s “business as usual” as the company’s board faces a proxy challenge from founder Chip Wilson. In a letter to senior leadership, which it filed to the U.S. securities regulator Tuesday, chief financial officer Meghan Frank said Wilson’s move doesn’t change the company’s strategy or focus....

VANCOUVER — Lululemon Athletica Inc. is telling employees that it’s “business as usual” as the company’s board faces a proxy challenge from founder Chip Wilson. In a letter to senior leadership, whic...

VANCOUVER — Lululemon Athletica Inc. is telling employees that it’s “business as usual” as the company’s board faces a proxy challenge from founder Chip Wilson. In a letter to senior leadership, which it filed to the U.S. securities regulator Tuesday, chief financial officer Meghan Frank said Wilson’s move doesn’t change the company’s strategy or focus. On Monday, Wilson nominated three director candidates as he expressed his lack of faith in the existing board and what he called their repeated failures. Wilson’s move comes after the company announced earlier this month that current CEO Calvin McDonald would step down from his role at the end of January....

Wilson has nominated three independent directors, including former On Holding co-CEO Marc Maurer, former ESPN CMO Laura Gentile, and former Activision CEO Eric Hirshberg. The picks would bring substantial product experience to the board, with Maurer a particularly strong choice given On Holding's blockbuster growth in the global footwear market....

...Comparable sales in the Americas tumbled by 5% in the third quarter, continuing a years-long trend. Earlier this month, Lululemon announced that CEO Calvin McDonald would step down at the end of January after leading the company since 2018. McDonald will depart without a clear succession plan in place. Instead, the board of directors is currently searching for a permanent replacement....

...The job of the board became more complicated on Monday when Chip Wilson, the founder of Lululemon and a major shareholder, launched a battle to replace members of the existing board of directors. Wilson views the lack of a succession plan as a failure, stating that shareholders lack confidence in the current board's ability to select the right CEO to replace McDonald.

"Shareholders have no faith that this board can select and support the next CEO without input from a board with stronger product experience. " A spokesperson for Lululemon confirmed the company will evaluate Wilson's nominees "in due course in accordance with the Board's governance process." Previously, Wilson declined to provide nominee names when asked by Lululemon to avoid a "costly and distracting proxy fight." Activist investor Elliott Investment Management is also pressing for change, holding a $1 billion stake in the Vancouver-based company....

Lululemon Athletica is in the midst of a leadership shake-up as founder Chip Wilson launches a proxy fight to revamp the company's board amid falling sales and stiff competition. The yoga apparel retailer has been searching for a new CEO following Calvin McDonald's announcement that he will step down in January. Wilson, Lululemon's second-largest shareholder with a 9% stake, has been a vocal critic of the board, calling it "complacent" in the face of declining North American sales, NY Post reported. On Monday, he nominated three new directors—former On Running co-CEO Marc Maurer, ex-ESPN chief marketing officer Laura Gentile, and former Activision CEO Eric Hirshberg—to strengthen the board's product expertise and guide the CEO search....

...On Monday, he nominated three new directors—former On Running co-CEO Marc Maurer, ex-ESPN chief marketing officer Laura Gentile, and former Activision CEO Eric Hirshberg—to strengthen the board's product expertise and guide the CEO search. "The recent CEO change announcement was the third total failure of board oversight with no clear succession plan in place," Wilson said in a statement.

With running participation soaring across the region, how is New Balance leveraging this momentum to engage new audiences and grow the sport’s culture through initiatives? At New Balance, we believe that sport has the power to create lasting, positive changes in communities, and that belief continues to guide everything we do. Running has evolved beyond competition and become about the ‘celebration’ of connection and progress....

...The New Balance Run Club (NBRC) has rapidly expanded with chapters across Dubai, Abu Dhabi, Riyadh, Jeddah, and Doha. Our approach is community-first and is built to make every runner feel welcome, no matter their pace or experience.

...Our current retail footprint is very much a reflection of our long-term ambition, which is also about strengthening New Balance’s presence across the region, offering immersive, brand-led experiences that resonate with both existing enthusiasts and new consumers. Community is at the heart of everything we do. The MEAI is a diverse region, and the fact that we have a sub-regional hub in the UAE talks to the growth & focus on this region....

On December 29, 2025, lululemon athletica inc. commented on Chip Wilson's announcement of his intent to nominate 3 director candidates for the upcoming 2026 annual meeting. The Board has engaged with Dennis J. Wilson in the past and will evaluate his nominees in accordance with its governance process. The Board emphasizes its commitment to driving long-term growth and shareholder value.

...The Board has engaged with Dennis J. Wilson in the past and will evaluate his nominees in accordance with its governance process. The Board emphasizes its commitment to driving long-term growth and shareholder value.

FTI Consulting represents Lululemon Athletica founder Chip Wilson, who has launched a proxy fight at the athletic apparel retailer. The owner of a nine percent stake in Luluemon has nominated three directors to the company’s board....

...“They can play an essential role in refocusing on the inspirational customer, revitalizing its bold vision, attracting the best people, and maximizing value for all shareholders," he said. Lululemon reported a seven percent rise in Q3 revenues to $2.6B and a 13 percent dip in earnings to $306M. The company announced on Dec. 11 that CEO Calvin McDonald will step down at the end of January. FTI Consulting’s Pat Tucker and Val Mack represent Wilson.

lululemon has a highly engaged and experienced Board that is well-equipped to provide effective guidance on the company’s direction and the execution of our growth strategy. Over one-third of our directors have joined the Board within the past four years....

lululemon athletica inc. (NASDAQ:LULU) (“lululemon” or the “company”) today commented on Chip Wilson’s announcement that he has submitted a notice to nominate three director candidates to stand for el...

lululemon athletica inc. (NASDAQ:LULU) (“lululemon” or the “company”) today commented on Chip Wilson’s announcement that he has submitted a notice to nominate three director candidates to stand for election to the company’s Board at lululemon’s 2026 Annual Meeting of Shareholders: The lululemon Board of Directors and leadership team have engaged extensively and in good faith for many years with Mr. Wilson to understand his perspectives and communicate our strategy. In our most recent discussions, Mr. Wilson indicated his intent to nominate directors....

Dec 29 (Reuters) – Lululemon Athletica’s founder Chip Wilson said on Monday he had launched a by nominating three independent directors to the company’s board, days after the apparel maker announced t...

...It might keep Wilson from constantly attacking the board, at least. The nominees appear to be fine, although only one of the three (Maurer) has direct experience in Lululemon’s industry,” Morningstar analyst David Swartz said. Wilson likely did not ask for a board seat for himself as he owns a significant stake in Lululemon’s competitor Amer Sports, Swartz added. WILSON’S HISTORY WITH LULULEMON Wilson is one of the biggest independent shareholders of Lululemon, with a 4.27% stake as of December 2025, according to LSEG data....

...Wilson has nominated three director candidates to Lululemon’s board, including former On Running co-CEO Marc Maurer, former ESPN Chief Marketing Officer Laura Gentile and former Activision CEO Eric Hirshberg. “The recent CEO change announcement was the third total failure of board oversight, with no clear succession plan in place. Shareholders have no faith that this board can select and support the next CEO without input from a board with stronger product experience,” Wilson said in a statement.

Synopsis Lululemon founder Chip Wilson has launched a proxy fight by nominating three independent directors to the company’s board, days after the athleisure maker announced the exit of CEO Calvin McDonald. Wilson said the board had failed on oversight and succession planning, arguing that shareholders would not trust a new CEO chosen by the current board.

Synopsis Lululemon founder Chip Wilson has launched a proxy fight by nominating three independent directors to the company’s board, days after the athleisure maker announced the exit of CEO Calvin McDonald. Wilson said the board had failed on oversight and succession planning, arguing that shareholders would not trust a new CEO chosen by the current board.

Synopsis Lululemon founder Chip Wilson has launched a proxy fight by nominating three independent directors to the company’s board, days after the athleisure maker announced the exit of CEO Calvin McDonald. Wilson said the board had failed on oversight and succession planning, arguing that shareholders would not trust a new CEO chosen by the current board.

Confirming an earlier report by the Wall Street Journal, Wilson said he has nominated former On Holding co-CEO Marc Maurer, former ESPN chief marketing officer Laura Gentile and former Activision CEO Eric Hirshberg. According to the WSJ, Wilson isn’t trying to put himself back on the board....

...Vanguard is the largest shareholder. The WSJ said Wilson is pushing for changes to the board while the company searches for a new chief executive officer.

“My passion for the Lululemon Athletica muse has never changed, but I know this campaign for change cannot be about me. It is about recommitting Lululemon to genuine creative leadership that will rees...

And he is going one step further, submitting a nonbinding proposal that seeks a board determination to “immediately declassify.” It’s a power-play move that takes away staggered board terms and allows all directors to be elected annually by shareholders. While declassification makes it easier for shareholders to remove entire boards in one swoop at election time, there’s also the potential for major disruption when boards are replaced in their entirety without even one person in place having historical knowledge or context of the rationale for certain past decisions.

“My passion for the Lululemon Athletica muse has never changed, but I know this campaign for change cannot be about me. It is about recommitting Lululemon to genuine creative leadership that will rees...

...On Monday, Mr. Wilson nominated three new directors to the board, calling the lack of clear CEO succession planning a “total failure of board oversight,” and insisting that the next chief executive appointment should take place only after significant changes to its membership. At the same time, he submitted a governance structure proposal that, if passed, would see each board member face a shareholder vote every year. “It is clear to the world that Lululemon is special, but in need of change,” Mr. Wilson said in a press release Monday....

...“Lululemon needs visionary creative leadership to thrive. The simple truth is that the current board lacks these skills.”

Chip Wilson, the founder of Lululemon, is once again voicing concerns over the company’s direction. He has announced plans to shake up the board by nominating three new directors. This move comes on the heels of significant challenges Lululemon faces amidst mounting competitive pressures....

...Stock Decline and Market Pressures Lululemon’s stock has plummeted over 40% of its value during 2025, evidencing difficulties in keeping pace with competitors. Wilson criticized the current board for lacking the necessary visionary leadership, stating that new directors are vital to redefine the brand’s future and initiate a successful turnaround.

...This indicates a push for change from shareholders concerned about the company’s trajectory. Critiques from Wilson Wilson has voiced strong criticism regarding Lululemon’s leadership transitions, labeling the lack of a clear succession plan a failure of board oversight. He believes that shareholder confidence has waned due to management’s decisions and that the brand has lost its identity in the market.

Lululemon’s former CEO Chip Wilson is once again slamming the struggling company he founded, and he’s launching a campaign to shake up its board. Wilson, Lululemon’s controversial founder and second ...

In a press release, Wilson said that Lululemon “needs visionary creative leadership to thrive,” and its current board members “lack these skills.” He said that the new leaders are “needed to redefine ...

...He said that the new leaders are “needed to redefine Lululemon and begin this company’s next chapter of success.” Wilson might not be alone in his fight for control of Lululemon: Elliott Investment Management, a prominent activist investment firm, has built up a $1 billion stake in the company and is fighting with management to name former Ralph Lauren executive Jane Nielsen as its next CEO, the Journal reported. Lululemon, based in Vancouver, didn’t immediately respond to comment....

Lululemon founder Chip Wilson has nominated three independent candidates to the company’s board of directors, escalating pressure on management following the announced departure of its chief executive and renewed scrutiny of the company’s strategy amid slowing U.S. sales. Wilson, one of Lululemon’s largest shareholders, said on Dec. 29 that he has nominated former On Holding co-CEO Marc Maurer, former ESPN Chief Marketing Officer Laura Gentile, and former Activision chief executive Eric Hirshberg.

Lululemon founder Chip Wilson has nominated three independent candidates to the company’s board of directors, escalating pressure on management following the announced departure of its chief executive...

...Wilson aims to enhance governance at Lululemon, amidst challenges from emerging competitors and pressure from activist investors. Proxy Fight Launched by Chip Wilson Chip Wilson formally nominated three independent directors to join Lululemon’s board. The nominations include: Marc Maurer – Former co-CEO of On Running Laura Gentile – Former Chief Marketing Officer at ESPN Eric Hirshberg – Former CEO of Activision Wilson has expressed concerns regarding board oversight and the lack of a clear succession plan....

...Proxy Fight Launched by Chip Wilson Chip Wilson formally nominated three independent directors to join Lululemon’s board. The nominations include: Marc Maurer – Former co-CEO of On Running Laura Gentile – Former Chief Marketing Officer at ESPN Eric Hirshberg – Former CEO of Activision Wilson has expressed concerns regarding board oversight and the lack of a clear succession plan. He stated that the recent CEO change marked a significant failure in leadership, citing a loss of shareholder confidence in the board’s ability to select an effective successor without increased product experience representation....

...The nominations include: Marc Maurer – Former co-CEO of On Running Laura Gentile – Former Chief Marketing Officer at ESPN Eric Hirshberg – Former CEO of Activision Wilson has expressed concerns regarding board oversight and the lack of a clear succession plan. He stated that the recent CEO change marked a significant failure in leadership, citing a loss of shareholder confidence in the board’s ability to select an effective successor without increased product experience representation. Context of the Proxy Fight

Nvidia Closes $5 Billion Purchase of Intel Shares The share purchase provides Intel with much-needed capital as it works to recover from years of setbacks. ---- Lululemon Founder Chip Wilson Launches Proxy Fight to Overhaul Board The founder's proposal seeks to make boardroom revisions before the athletic-apparel company chooses a new CEO....

Nvidia Closes $5 Billion Purchase of Intel Shares The share purchase provides Intel with much-needed capital as it works to recover from years of setbacks. ---- Lululemon Founder Chip Wilson Launches Proxy Fight to Overhaul Board The founder's proposal seeks to make boardroom revisions before the athletic-apparel company chooses a new CEO. ---- SoftBank to Buy Data Center Investment Firm DigitalBridge for $4 Billion The deal is part of the Japanese conglomerate's strategy to take advantage of an AI-driven boom in digital infrastructure....

Lululemon Athletica's founder Chip Wilson said on Monday he had launched a proxy fight by nominating three independent directors to the company's board, days after the Canadian apparel maker announced the exit of CEO Calvin McDonald. Lululemon has struggled to find its footing with younger and affluent shoppers amid stiff competition from fast-growing newer rivals like Alo Yoga and Vuori, as well as pressure from activist investor Elliott Management....

...Wilson has nominated three director candidates to Lululemon's board, including former On Running co-CEO Marc Maurer, former ESPN chief marketing officer Laura Gentile and former Activision CEO Eric Hirshberg. "The recent CEO change announcement was the third total failure of board oversight with no clear succession plan in place. Shareholders have no faith that this board can select and support the next CEO without input from a board with stronger product experience," Wilson said in a statement....

..."The recent CEO change announcement was the third total failure of board oversight with no clear succession plan in place. Shareholders have no faith that this board can select and support the next CEO without input from a board with stronger product experience," Wilson said in a statement. Earlier this month, the company said McDonald would step down in January, joining a long list of leadership shake-ups across global consumer companies and retailers....

Lululemon Athletica founder Chip Wilson is launching a proxy fight at the athletic-apparel retailer in an effort to remake the company’s board while Lululemon searches for a new chief executive. Wilson said Monday that he has nominated three director candidates to the company’s board, confirming an earlier report by The Wall Street Journal....

...“I know this campaign for change cannot be about me,” Wilson said. “It is about recommitting Lululemon to genuine creative leadership that will re-establish a brand of enduring strength.” Activist investors often tap former company executives to help them shake up targets, but it is rare to see a founder of a company turning to a hostile approach such as a board fight. Lululemon is in the midst of an identity crisis and earlier this month said that its CEO, Calvin McDonald, will step down in January....

“Just in the best interest of both parties,” Curry said in a statement. “You know that sneaker industry is difficult and like I said, things change over time… a little disappointing how it turned out based on where Curry Brand has been the last five years and the announcement we had two years ago.” Curry Brand was never meant to function as a traditional sneaker line, and that’s where the disappointment matters....

...It’s also clear that UA isn’t promoting their sneaker releases in the same manner as earlier. The Curry Brand Instagram account was the only place that the Curry Fox 2 and Series 7 Christmas drops were promoted, and both went under the radar. Soon afterward, the Instagram account was deactivated. How Curry Brand’s Mission Outgrew the Partnership That Built It When the split with Under Armour became public, Stephen Curry addressed it carefully....

...However, a third Redditor shared a reason why exactly this so-called quality decline is happening. They pointed to a 2021 post by Lululemon corporate, in which the company announced that it aims to reduce “forever chemicals” (PFAS) in its synthetic fabrics by 2024. The Redditor also noted that Lululemon also committed to using more sustainable materials. While this may well explain the change in quality, The Mary Sue was unable to independently verify that this is truly the case.

...However, a third Redditor shared a reason why exactly this so-called quality decline is happening. They pointed to a 2021 post by Lululemon corporate, in which the company announced that it aims to reduce “forever chemicals” (PFAS) in its synthetic fabrics by 2024. The Redditor also noted that Lululemon also committed to using more sustainable materials....

A Lululemon customer has gone viral after her $98 Lululemon leggings failed to meet expectations. Recommended Videos The clip, which has amassed 3.3 million views, includes on-screen text that reads: “Bro, why TF did my brand new Lulu leggings just come off on my lint roller?” TikTok user Avalyn (@avalynsactualspam) then panned the camera to her lint roller, which was imprinted with faint polka dots that matched those on the leggings, which were also visible....

Similarly, though they're glad to get admiring DMs, they don't do custom work unless, perhaps, you visit their workshop in Tohoku. This kind of endeavor is all about the bigger picture, rather than th...

Releasing only in Japan (due to The North Face licensing quirks) on December 27 as the initial drop of The North Face Japan's multi-part "Japan Collection," which also includes technical textiles dyed with onion skins, the Sashiko Gals' hand-stitched Nuptse is not the Nuptse as you know it. The famous puffer jacket has been stripped down to a front-tied hanten, a traditional collarless Japanese winter jacket, albeit one cleverly reimagined as a puffed-up mid-layer both classic and contemporary — its shell was produced using lab-developed material from biotech company Spiber. And that one-era-meeting-another motif is made most tangible by the Sashiko Gals' mind-meltingly precise hand-stitching.

The Sashiko Gals are a collective of 40-to-80-year-old Japanese women recruited by Fujiwara in the wake of a natural disaster as a means to support artisans who'd created sashiko and boro items for KUON. They've been at it for over a decade but have really been cooking these past few years — quite literally, as of late....

Survey results suggest 2 key elements of Nike's strategy are working: Since Elliott Hill became CEO, Nike has prioritized re-entering the wholesale channel. In this year's survey, a higher percentage of global consumers say Nike's products are easy to find in stores and online....

...We believe this is attributable to Mr. Hill's channel strategy. Under Elliott Hill's leadership, Nike has also refocused on sports. Likely as a result, the percentage of consumers who say Nike is "good for doing sports" bounced back to its 2019 peak level (Fig. 29)....

Valuation: Our $62 PT is based on 29x our $2.15 FY28 EPS estimate For the full note, ZeroHedge Pro subs can view it here. Sole's view comes as the stock is locked in Nike's worst declines since the late 1970s. At some point, Nike will figure out how to sell more Air Force 1s in China and, if management is smart enough, stop selling "woke" propaganda.

...Nike has been a growth stock for most of its history -- commanding a premium valuation in exchange for strong margins, an impeccable brand, and a global presence spanning footwear (and increasingly apparel). During the pandemic, Nike's direct-to-consumer (DTC) business thrived as buyers took their shopping online. Nike had it all, but it wouldn't last, as DTC wasn't able to offset the wholesale business....

...DTC can be higher margin than wholesale because it connects buyers directly with sellers, but it also puts all the pressure on sellers to, well, sell, rather than getting help from a third party. Nike's DTC business -- online and through its stores -- is struggling because Nike's product mix isn't resonating enough with cost-conscious consumers -- which has led to price cuts, margin compression, and innovation challenges. Today's Change ( 4.46 %) $ 2.56 Current Price

...During the pandemic, Nike's direct-to-consumer (DTC) business thrived as buyers took their shopping online. Nike had it all, but it wouldn't last, as DTC wasn't able to offset the wholesale business. DTC can be higher margin than wholesale because it connects buyers directly with sellers, but it also puts all the pressure on sellers to, well, sell, rather than getting help from a third party....

...“It’s absolutely important. Adidas has come on board, sponsoring the team in providing all the support we need in terms of gears, spikes, clothing, training gear. And having ‘Adi Day’ gives the girls an opportunity to see the professional athletes — who they see at stadium or on the TV running — as they aspire to the next level and are able to interact with those professional athletes,” Blake said....

Team Manager Obinna Blake said the Adidas partnership has played a critical role in supporting both the athletes’ practical needs and their long-term aspirations. “It’s absolutely important. Adidas h...

...Catalysts: CEO Transition, Activism, and 6 New Markets The 2026 setup is catalyst-rich. Activist investor Elliott Management became one of LULU’s largest shareholders in 2025, leading to a CEO change that was well-received by the market. The change will take place in early 2026; and a formal search for a new CEO is underway....

Highlights of the Q3 release include a $1 billion authorization increase, sufficient to keep the buybacks running at a steady pace for the next eight quarters. Lulu’s balance sheet remains in a fortre...

...Activist investor Elliott Management became one of LULU’s largest shareholders in 2025, leading to a CEO change that was well-received by the market. The change will take place in early 2026; and a formal search for a new CEO is underway. The hope is that a new CEO can reinvigorate the growth opportunity and capitalize on the International market....

...The office said the issue is estimated to affect more than 179,000 cars. ---- Nike Stock Price Gets a Lift After Apple's Tim Cook Doubles His Stake Cook, the sportswear retailer's lead independent director, bought $2.9 million in shares days after the stock tumbled on a disappointing forecast. ---- BP Agrees to Sell Majority of Castrol Lubricants Unit to Stonepeak The deal values Castrol at $8 billion and represents one of BP's biggest moves to revive its fortunes after an ill-timed turn toward renewable energy....

...The office said the issue is estimated to affect more than 179,000 cars. ---- Nike Stock Price Gets a Lift After Apple's Tim Cook Doubles His Stake Cook, the sportswear retailer's lead independent director, bought $2.9 million in shares days after the stock tumbled on a disappointing forecast. ---- BP Agrees to Sell Majority of Castrol Lubricants Unit to Stonepeak The deal values Castrol at $8 billion and represents one of BP's biggest moves to revive its fortunes after an ill-timed turn toward renewable energy....

Boardroom Ties and Strategic Synergies Cook’s role on Nike’s board positions him uniquely to influence its direction, blending his tech expertise with Nike’s consumer-driven model. Sources indicate that Cook, as lead independent director, has been instrumental in guiding Nike through digital transformations, including AI integrations. For instance, a report from AInvest highlights how Cook’s influence might extend to Nike’s adoption of AI for hyper-personalization, such as the NikeAI Beta feature in its app, which uses generative tools to enhance user experiences....

Boardroom Ties and Strategic Synergies Cook’s role on Nike’s board positions him uniquely to influence its direction, blending his tech expertise with Nike’s consumer-driven model. Sources indicate t...

Investor forums on X buzz with theories, from AI rebranding to potential mergers, though most remain speculative. The purchase also spotlights insider trading trends; Cook’s filing, detailed in GuruFocus, shows a pattern of accumulation that contrasts with broader market outflows from consumer discretionary stocks. For industry insiders, this move raises questions about governance. As a board member buying shares, Cook navigates strict disclosure rules, but his action could set precedents for executive investments in affiliated firms. It also underscores the value of cross-board expertise, where tech leaders like Cook bring digital acumen to analog industries....

Lululemon apparently distanced itself from Wilson’s comments, saying that they did not reflect the current company. “Chip Wilson does not speak for Lululemon, and his comments do not reflect our company views or beliefs. Chip has not been involved with the company since his resignation from the board in 2015 and we are a very different company today,” a Lululemon spokesperson said to Forbes via email. But, POC have felt unwelcome, with many people’s personal experiences echoing that of @bebelewiz....

Based on some of the employees’ language in-store, it’s possible that they thought the leggings were stolen. Lululemon generally does allow customers to return items purchased in-store at any location across the U.S., but returns are made on a case-by-case basis. Stores have the right to refuse returns according to their online policies. Commenters urged @bebelewiz to take the issue further, saying, “He definitely thinks it’s stolen; ‘the person you bought it from in Louisiana’ vs the store you bought it from is extremely telling!...

...Multiple viewers added their thoughts in, saying that the company actively engages in bad rhetoric toward POC. “Lululemon has made it clear time after time after time that their company isn’t meant for people that look like us,” said one POC commenter. Another commenter referenced an interview that Lululemon founder Chip Wilson did with Forbes while criticizing the company....

Decathlon Pulse wants to “build long-term relationships with pioneering companies that share our vision and values,” says CEO Frank Vigo, adding that “Bikeleasing has demonstrated strong growth and innovation in the field of sustainable mobility.” Decathlon and Bikeleasing have been working together in Germany for almost a year: Decathlon bicycles and e-bikes can be leased through the Bikeleasing service.

...The companies already collaborate in Germany, where customers can lease Decathlon bicycles and e-bikes through Bikeleasing. “Shared vision” According to Bikeleasing, the entry of Decathlon Pulse forms “a strong basis for further sustainable growth and targeted international expansion.” The final acquisition price is still to be determined, but owner Brockhaus Technologies currently values Bikeleasing at 525 million euros....

Decathlon Pulse, Decathlon’s investment subsidiary, is acquiring a 65% majority stake in Bikeleasing. The companies already collaborate in Germany, where customers can lease Decathlon bicycles and e-b...

...Why communities matter more than campaigns Perhaps the most enduring outcome of ASICS’ long-term marathon strategy is community-building. Running clubs, coaches, and local running groups play a central role in how the brand markets itself today. “Community is one of the most powerful growth levers for us,” says Khurana....

...Running clubs, coaches, and local running groups play a central role in how the brand markets itself today. “Community is one of the most powerful growth levers for us,” says Khurana. “If 100–200 people in a city genuinely advocate for the brand because it helped them become runners, that impact is far stronger than any one-off campaign.”

...“It is unusual even globally for a brand to sponsor a marquee sporting event without operating in that country,” says Rajat Khurana, managing director, ASICS India and South Asia. "For us, those years were primarily focused on understanding the Indian consumer and relaying those insights back to Japan. " Between 2008 and 2015, ASICS operated through third-party distribution while closely studying runners' behaviour, event participation, and performance expectations in India.

...In Corpore Sano”(A Sound Mind In A Sound Body), and it continues to be the foundation of all our business activities. ASICS will continue to provide products, services, and environments that contribute to improving the physical and mental health of all people around the world, thereby contributing to the realization of a healthy, sustainable, and symbiotic society.

...ASICS is dedicated to promoting a society where athletes from diverse backgrounds and characteristics can participate in sports. It serves as an official partner of the Japanese Para Sports Association, the Japanese Paralympic Committee, and the Japan Para Athletics Federation. Furthermore, at the 25th Summer Deaflympics Tokyo 2025, held in November 2025, ASICS served as a Total Support Member, conducting various activities to energize and ensure the event’s success. It also provided official sportswear, featuring the same design as that of the Japan Association of Athletics Federations and the Japan Para Athletics Association, as the Official Top Partner of the Japan Deaf Athletics Association....

...Healthier base for growth: The Nike brand grew, wholesale rose 8%, and Nike reduced promotional days while elevating Nike stores and Nike.com. Different speeds across the comeback: North America is leading, while Greater China remains the top lagging area. Hill also announced a leadership change: all geographies will now report directly to him. He said the shift is intended to speed decisions and allow geography general managers to more directly shape strategy and influence investments. Separately, Hill said Venkatesh Alagirisamy has been appointed Chief Operating Officer, with a mandate to improve end-to-end efficiency across planning, creation, manufacturing, delivery, and selling....

...He said the shift is intended to speed decisions and allow geography general managers to more directly shape strategy and influence investments. Separately, Hill said Venkatesh Alagirisamy has been appointed Chief Operating Officer, with a mandate to improve end-to-end efficiency across planning, creation, manufacturing, delivery, and selling. Quarterly results: wholesale growth offsets digital declines

NIKE (NYSE:NKE) executives struck an upbeat but measured tone on the company’s second quarter fiscal 2026 earnings call, describing results as “slightly better” than management expected 90 days ago while emphasizing that the turnaround remains in the “middle innings,” with progress varying by geography, brand, and channel. Get alerts: Management frames progress under “Win Now” and “Sport Offense” President and CEO Elliott Hill said fiscal 2026 remains focused on actions to “right-size” Nike’s Classics business, return Nike Digital to a “premium experience,” diversify the product portfolio, deepen consumer connections, strengthen partner relationships, and realign teams and leadership. Hill described the company’s “Win Now Actions” as the immediate response to key challenges, with the “Sport Offense” serving as an accelerator that moves athlete-centered innovation through countries and channels....

...Friend also highlighted the impact of reciprocal tariffs, which are expected to create a $1.5 billion annualized headwind and pressure margins by more than 300 basis points, noting that corrective actions will take time to materialize. China Pressures Persist, North America Improves China remained a significant drag, with Greater China revenue down 16% and digital sales plunging 36% amid weaker demand and heavy promotions. CEO Elliott Hill described China as "a longer road to a healthier business," acknowledging that the recovery is progressing more slowly than anticipated....

Weaker Outlook And Margin Headwinds Guidance dominated investor focus. CFO Matt Friend said third-quarter revenue is expected to decline in the low single digits, with gross margin projected to fall by 175 to 225 basis points. Friend also highlighted the impact of reciprocal tariffs, which are expected to create a $1.5 billion annualized headwind and pressure margins by more than 300 basis points, noting that corrective actions will take time to materialize....

Nike Inc. (NYSE:NKE) struck a cautious tone during its earnings conference call, pushing stock lower in premarket trading Friday as investors weighed a solid second-quarter performance against a softer near-term outlook and rising margin pressures. Nike reported second-quarter revenue of $12.43 billion, topping estimates, while earnings per share came in at 53 cents, well above the 38-cent consensus. Nike Brand revenue edged up 1% to $12.1 billion....

Nike hoped a new CEO could get its stock rising again. So far, the change just hasn't done it. Shares of Nike (NKE) have fallen some 20% since the beleaguered athleticwear-and-gear company said it would bring back legendary leader Elliott Hill—counted since their close the night before the announcement—in September 2024. More than a year later, it's unclear when the slide will stop....

Nike’s second-quarter numbers beat analysts’ expectations, but highlighted several challenges facing the company. Revenue rose 1% year-over-year to $12.4 billion, but profit declined 32% to $792 million. The company is contending with slow sales in China and roughly $1.5 billion in annual costs stemming from tariffs....

...Wholesale revenues rose by 8%, showing improvement within the company’s partner ecosystem. However, Nike Direct Digital, its DTC e-commerce channel, saw sales fall 14%. A particularly troubling aspect of this was the 36% decline in Chinese Nike Direct Digital revenue....

...However, Nike Direct Digital, its DTC e-commerce channel, saw sales fall 14%. A particularly troubling aspect of this was the 36% decline in Chinese Nike Direct Digital revenue. CEO Elliott Hill himself notes that Chinese customers take an e-commerce-first approach to consumption.

...However, Nike Direct Digital, its DTC e-commerce channel, saw sales fall 14%. A particularly troubling aspect of this was the 36% decline in Chinese Nike Direct Digital revenue. CEO Elliott Hill himself notes that Chinese customers take an e-commerce-first approach to consumption.

Under Armour’s sponsorship aims to help the Badgers further adapt to the NIL era of college football, including the transfer portal by giving the Badgers the ability to acquire great talent throughout...

...The contract contains a “starting sum of $175,000 annually”, that will continue to rise, to reward NIL contracts to Badger athletes. Under Armour is not only providing the Badgers with NIL, but they are also providing brand and business opportunities for UW athletes. In order to achieve success in the modern college football landscape, programs have to devote more monetary rewards than just scholarships to athletes....

Under Armour’s sponsorship aims to help the Badgers further adapt to the NIL era of college football, including the transfer portal by giving the Badgers the ability to acquire great talent throughout...

He and his team will look end to end to ensure technology is fully integrated across the company and how we create, plan, make, deliver, and sell our world-class innovations. We see significant opportunity to get our core operations running more efficiently and more profitably....

NIKE digital has reduced promotional activity and is operating more strategically in sync with our partners. And inventory is in a healthy and clean position in North America and EMEA....

...And thank you for delivering another quarter of steady progress and building momentum. Fiscal year 2026 continues to be a year taking action to rightsize our classics business, return NIKE Digital to a premium experience, diversify our product portfolio, deepen our consumer connections, strengthen our partner relationships, and realign our teams and leadership.

Key lululemon athletica News Here are the key news stories impacting lululemon athletica this week: Positive Sentiment: Elliott Management has amassed a >$1 billion stake and is proposing a new CEO (Jane Nielsen), creating an activist-led turnaround catalyst that sent shares sharply higher on the initial reports. Elliott stake Reuters story Positive Sentiment: Market reaction: major outlets reported a roughly 7% jump after the Elliott news — showing investor appetite for activist-driven management change as a near-term re-rating event....

Negative Sentiment: Leadership and brand challenges: CEO Calvin McDonald is stepping down and multiple pieces highlight U.S. brand softness, tariff pressure and an underperforming domestic business — these underlying operational issues explain why activist involvement emerged and why uncertainty could weigh on shares until a credible new CEO is installed. The Motley Fool on CEO change About lululemon athletica (Get Free Report) lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories....

...Benzinga note on Jefferies Neutral Sentiment: Small-format retail news: a new Houston Highland Village store opened with an in‑store café concept — good for local engagement but unlikely to move shares materially. MSN store opening Negative Sentiment: Insider selling: Celeste Burgoyne sold 13,511 shares (~$2.76M at ~$204), a large reduction in her stake — can be interpreted as profit‑taking or concern and may add downward pressure. InsiderTrades filing

...It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications. In addition, the company provides accessories, which include gloves, bags, headwear, and sports masks; and digital subscription, advertising, and other digital business services. It primarily offers its products under the UNDER ARMOUR, HEATGEAR, COLDGEAR, HOVR, UA, PROTECT THIS HOUSE, I WILL, UA Logo, ARMOUR FLEECE, and ARMOUR BRA brands....

...It primarily offers its products under the UNDER ARMOUR, HEATGEAR, COLDGEAR, HOVR, UA, PROTECT THIS HOUSE, I WILL, UA Logo, ARMOUR FLEECE, and ARMOUR BRA brands. The company sells its products through wholesale channels, including national and regional sporting goods chains, independent and specialty retailers, department store chains, mono-branded Under Armour retail stores, institutional athletic departments, and leagues and teams, as well as independent distributors; and directly to consumers through a network of 439 Brand and Factory House stores, as well as through e-commerce websites. It operates in the United States, Canada, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America....

...We will compare the two businesses based on the strength of their earnings, valuation, dividends, profitability, analyst recommendations, institutional ownership and risk. Institutional & Insider Ownership 36.4% of Under Armour shares are held by institutional investors. Comparatively, 91.2% of Oxford Industries shares are held by institutional investors....

At the 8th China International Import Expo in Shanghai in November, the company showcased products across six categories — yoga, running, training, tennis, golf and daily wear — reinforcing its positioning as a holistic athletic and lifestyle brand. Store expansion remains central to the company's growth strategy....

...McDonald said Chinese consumers responded strongly to established products such as the Wonder Puff line as well as newer innovations. "We're definitely gaining share, gaining momentum in that marketplace," he said, adding that the brand is seeing traction across tier-1 cities and continued resonance as it expands deeper into tier-2 and tier-3 markets. Lululemon has also been increasing its brand visibility through high-profile events and community initiatives.

...The company has also strengthened its local infrastructure. Starting Oct 27, Lululemon relocated its China Store Support Center to the West Bund Zhonghuan in Shanghai, fully occupying a five-storey stand-alone office building. On Dec 12, Lululemon announced that McDonald plans to step down as CEO and member of the board, effective Jan 31, 2026.

...The company needed new leadership to regain momentum in specialized sports categories such as running. Hill, who spent more than three decades at Nike before retiring in 2020, was tapped for the role last October. Nike’s ‘Win Now’ turnaround plan Under a reorganization Hill has dubbed “Win Now,” Nike has reshuffled leadership roles to streamline operations and reduce management layers....

...Hill, who spent more than three decades at Nike before retiring in 2020, was tapped for the role last October. Nike’s ‘Win Now’ turnaround plan Under a reorganization Hill has dubbed “Win Now,” Nike has reshuffled leadership roles to streamline operations and reduce management layers. The strategy centers on reclaiming authority in sports performance by emphasizing products designed for running, basketball and football, while pulling back from oversaturated lifestyle staples such as the Air Force 1 and Dunk....

...Efforts to roll out “Win Now” initiatives in key cities like Beijing and China—ranging from upgraded in-store presentations to stronger product storytelling—have struggled amid declining foot traffic and elevated levels of aging inventory. “What we’ve done is a start, but it’s not happening at the level or the pace we need to drive wider change,” said Hill. Looking ahead, Nike plans to tailor its strategy to China’s increasingly digital-first retail environment. As the company ramps up investment in the region, executives also stressed the need to improve store fleets within China’s “monobrand footprint,” where single-brand stores dominate over third-party retailers.

Marcario has served on Rivian’s board since January 2021, a role she took after 12 years as an executive (and eventual CEO) of Patagonia. Before her appointment, Rivian CEO RJ Scaringe often described...

Just over a year into his tenure, Nike CEO Elliott Hill declared the company in the “middle innings” of a gritty comeback, leaning hard into sports spectacles to revive its fortunes. The athletic giant posted second-quarter fiscal 2026 revenue of $12.4 billion, a modest 1% rise from the prior year, as North American strength offset weakness elsewhere....

...Featuring Tara Davis-Woodhall and other stars, it refreshes branding without abandoning heritage. Hill ties this to broader sport moments, from MLB playoffs to marathons, fostering emotional loyalty over transactional buys. Investor scrutiny intensifies on return metrics. While Q2 topped forecasts, full-year comps demand sustained acceleration....

...In Corpore Sano’—a sound mind in a sound body—and has long supported athletes of all levels in achieving peak performance through fundamental research and advanced technology. Today, under our Mid-Term Plan 2026, we are driving long-term research focused on athletes to further strengthen innovation. Establishing this research entity in the United States—home to many of the world’s top athletes and a key market for our future growth—is a source of great pride for us....

...This program will include a dedicated sports lab on campus, serving as a hub for advanced research in biomechanics, exercise physiology, AI-driven design, and bioengineering. The collaboration represents a commitment by ASICS of $25 million, underscoring ASICS’ dedication to combining cutting-edge science with its heritage of craftsmanship.

...The newly established ASICS Institute of Sport Science America LLC will launch a joint research program with the University named the ASICS-Michigan Sport Innovation Center, based on the University of Michigan’s Ann Arbor campus. This program will include a dedicated sports lab on campus, serving as a hub for advanced research in biomechanics, exercise physiology, AI-driven design, and bioengineering. The collaboration represents a commitment by ASICS of $25 million, underscoring ASICS’ dedication to combining cutting-edge science with its heritage of craftsmanship.

...So when you work at NIKE, you're in the thick of an incredibly busy time. With that in mind, I want to extend a special and heartfelt thanks to my NIKE teammates. Thank you for your continued commitment, passion and determination, and thank you for delivering another quarter of steady progress and building momentum. ‌Fiscal year '26 continues to be a year of taking action to rightsize our Classics business, return NIKE Digital to a premium experience, diversify our product portfolio, deepen our consumer connections, strengthen our partner relationships and realign our teams and leadership....

...‌Thank you, Paul. Let me start by thanking all of you for joining on the eve of a holiday week here in the United States and many parts of the world. And with that, let me also recognize a NIKE team that's leaving nothing on the table right now.

‌I made another change within my leadership team this quarter, asking Venkatesh Alagirisamy to be in the role of our Chief Operating Officer. He and his team will look end-to-end to ensure technology is fully integrated across the company in how we create, plan, make, deliver and sell our world-class innovations. We see significant opportunity to get our core operations running more efficiently and more profitably....

...“Our second quarter results demonstrated the resilience of our portfolio, with modest year-over-year reported top-line growth, despite managing headwinds from the actions we have taken to reposition our business,” Friend said. That resilience was nowhere to be found in China, where revenue plunged 17% to $1.4 billion and EBIT (earnings before interest and taxes) collapsed 49%. Nike direct sales in China fell 18%, including a steep 36% drop in Nike Digital, the company’s e-commerce business.

“It won’t be a straight line, but we’re acting decisively to accelerate the lagging areas with China at the top of that list,” Hill said. Gross margin fell 300 basis points to 40.6%, weighed down by ...

Nike stock plunged nearly 10% after the sneaker giant reported sliding profits due to an anticipated $1.5 billion hit from tariffs as well as a slowdown in China. Shares fell to about $58 before the opening bell on Friday, down from a prior close near $65, as investors digested a sharp earnings decline and continued margin pressure tied to tariffs, inventory cleanups and weak demand in Greater China....