Wednesday, October 17, 2018
Foot Locker

Foot Locker shares plunge 15% after dismal Q2 results

Foot Locker shares dived 15 per cent in pre-market trading today, after the retailer company missed profit and sales estimates for the second quarter.

Athleisure craze set to peak at £2.5bn in 2017

The athleisure trend sweeping the UK is predicted to drive the sports clothing market‘s value to £2.5 billion in 2017.
Kevin Plank

Under Armour boss quits Trump’s council amid Charlottesville controversy

The chief executive of sportswear retailer Under Armour Kevin Plank has become the latest high-profile name to resign from President Trump‘s council.

Cycling retailer Rapha bought for £200m

British cycling retailer Rapha has been sold to the grandchildren of the Walmart founder Sam Walton for £200 million.
Sports Direct investors

Sports Direct loses investors amid corporate governance concerns

Two of Sports Direct's biggest independent investors have offloaded their entire or part of their stake in the business amid concerns over corporate governance issues.

Biggest ASICS store opens on Regent Street

Sportswear giant ASICS has opened the doors to its largest retail store in the world on London's world-famous Regent Street.

Adidas outlook soars following H1 results

German fashion behemoth Adidas has reported strong first half results, leading it to boost its outlook for the rest of 2017.

Puma raises full year outlook again after strong Q2 results

Bumper sales in Puma‘s second quarter trading update have led the retailer to raise its expectations once again for the full year.
Mike Ashley court

Mike Ashley wins £15m “pub deal” court case

Sports Direct founder Mike Ashley has won a £15 million court battle over a deal made during “a night of heavy drinking”.
Sports Direct profit

Sports Direct profit plummets 58%

Profits at Sports Direct plunged by 58.7 per cent to £113.7 million in the year to April 30, becoming one of the high street's worst victims of the tumbling sterling since the Brexit referendum.

Feature Resource

What will your workforce want and need,  now and in the...

Today's on-demand consumer mentality means businesses now operate in an ‘always-on’ economy. To meet customer demand for 24/7 access to products and services, businesses...