[ad_1] Business China slump, unsold inventory and end of Kanye West deal weigh on the sportswear maker [ad_2] Source link
Tag: Sports Clothing/Footwear
Adidas Slashes Dividend as Problems Mount
[ad_1] A slump in China and a mountain of unsold products are among the challenges facing Adidas after a bruising 2022 in which it dumped its chief executive and ended…
WSJ News Exclusive | Beyoncé’s Clothing Line With Adidas Suffers From Weak Sales
[ad_1] WSJ News Exclusive Business Revenue from the singer’s Ivy Park brand fell more than 50% last year, documents show [ad_2] Source link
Lululemon Warns of Falling Fourth-Quarter Margins
[ad_1] Shares of the athletic-gear maker plunged after it updated its quarterly view. [ad_2] Source link
Outdoor Retailer Patagonia Tests Solar Windows
[ad_1] The clothing seller tries out green energy that works via transparent cells between panes of glass. [ad_2] Source link
Allbirds Were the Tech Bro ‘It’ Shoe. Then the Tech Bros Moved On.
[ad_1] AUSTEN ALLRED is a pretty typical tech guy. The CEO of BloomTech, a school for coders, he owns a Tesla and a bunch of Patagonia fleeces. Until Covid, he…
Nike Sales Jump But Inventory Remains Elevated
[ad_1] Business Earnings Sneaker giant discounted products in most recent quarter, boosting sales and reducing excess inventory [ad_2] Source link