Under Armour Inc raised its full-year profit forecast on Tuesday after reporting third-quarter results that topped Wall Street estimates, as the sportswear maker benefited from higher overseas sales and lower expenses.
Axmann is stepping down from his role on 31 October to pursue new opportunities, the troubled German clothing company said. He had already announced in July that he would not renew his contract due to personal reasons.
The Spanish clothing group is back on the growth track and has reduced its debt compared to the previous half-year. The latest performance was boosted by a rise in online sales and an effective stock management.
German sportswear giant Puma has signed up Spain’s classiest footballer, David Silva, to be the latest star to wear its Puma One boots. Legendary for his silky first touch, Silva is a star with Manchester City.
Selfridges is aiming to shake up the designer streetwear market with the opening of a new dedicated 'menswear' room that will welcome women too and also has a free skate bowl while acting as an events space.
The British brand, which recently revealed an upcoming collaboration with Ralph Lauren, is set to open a store in Shibuya on Saturday, 3rd November, its third location following openings in London and New York.
The sports and outdoor apparel group reported the strongest quarterly and year-to-date results in the company’s history on Thursday, announcing particularly strong sales increases in its US direct-to-consumer channel.