Apparel

UA Reshapes Future

The $345 million sale of MyFitnessPal represents the slimming of Under Armour’s operations and its narrowed focus on being “a performance brand.” CEO Patrik Frisk said the apparel company still […]

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Webinar: Evolving Into Real-Time Insights

The pandemic has accelerated a tidal change in the insights industry: the automation and democratization of insights to allow complex organizations to learn, adapt, and act at the speed of […]

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Analyst: Nike Cutting 7-10% of Workforce as Part of Reorganization

Nike appears to be targeting its current round of cuts at upper-management positions as part of a restructuring, according to an analyst.

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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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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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Fanatics Acquires Collegiate Headwear Brand Top of the World

In August, Fanatics closed a $350 million investment round that is expected to be its last private funding round as it is reportedly gearing up for an IPO.

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School of Law

UCLA is seeking more than $200 million in damages from Under Armour in a breach of contract complaint filed Wednesday. The lawsuit comes as Under Armour has tried to get […]

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UCLA Seeks More Than $200 Million From Under Armour in Lawsuit

The breach of contract complaint, filed on Aug. 26 in the U.S. District Court’s Central District of California, alleges Under Armour improperly sought to end its 15-year deal with the school.

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Sneaker Success

With sneakers a hot item this summer, Foot Locker’s second quarter sales increased 17.1%, to $2.077 billion, compared to the same period last year. Athletic footwear sales were down as […]

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Swoopes Successor

Sheryl Swoopes thinks it’s time for a successor to her Air Swoopes signature shoe legacy. While WNBA legends Rebecca Lobo, Dawn Staley and Chamique Holdsclaw all had signature shoes and […]

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