Adidas

That’s Shoe Biz

With a new $1.75 billion valuation, Goat Group is living up to its name. The sneaker resale platform raised $100 million in Series E funding, more than tripling its previous […]

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Sneaker Resale Platform Goat Group Raises $100 Million

Online sneaker resale platform Goat Group has raised $100 million in Series E funding and plans to expand into new apparel categories.

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Nike Beats Earnings Expectations Due to Digital Growth

Nike Inc, the apparel and shoe giant, beat analysts’ estimates for its first fiscal quarter of 2021 as online sales took off, the company reported on Sept. 22.  Nike’s net […]

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Armoured for Change

Under Armour released its UA HOVR Breakthru sneaker yesterday — the company’s first basketball shoe designed by, and for, women. The apparel company furthered its focus on products cultivated specifically […]

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Apparel Updates

While some athletic apparel brands — like Lululemon and Gap’s Athleta — are flourishing in 2020 as work-from-home leads to comfier style, Under Armour’s tough year continues. The brand announced […]

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Nike Makes First Foray into Maternity Wear

Nike says it designed the new line by “combing through pregnancy data findings with analytics from more than 150,000 comparison scans of non-pregnant women against those of pregnant women,” and gathering feedback from around 30 female athletes who were pregnant or postpartum.

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Dick’s Sporting Goods Reports 194% Q2 Increase in Online Sales

As a perhaps unexpected side effect of the COVID-19 pandemic, a number of sporting goods retailers have reported major boosts to their sales over recent weeks thanks to people embracing […]

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Nike Cuts

Nike is reportedly ending its relationships with several retailers as the brand focuses on its own digital channels. As Nike’s direct-to-consumer platforms grow, it will look to move away from […]

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Lost Exposure

Adidas, Nike and Under Armour stand to be some of the companies hit the hardest by college sports postponements, as each brand has millions tied up in school contracts. A […]

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Adidas’ Q2 Earnings Hit Hard by Pandemic, But Online Sales Soar

German sportswear brand Adidas took a major hit amid the COVID-19 pandemic in the second quarter of its 2020 fiscal year, but online sales and recent stores reopening are giving […]

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