News
Lululemon Founder Casts Doubt on CEO Hire, Urges Shareholders to Back His Board Nominees
7+ hour, 32+ min ago (750+ words) In an escalating battle ahead of Lululemon's annual meeting, Chip Wilson, the retailer's founder and significant shareholder, issued a letter to shareholders again loudly calling out Lululemon's board's alleged mismanagement, including expressing skepticism on the hiring of former Nike executive…...
EXEC: Anta To Re-Enter India
1+ day, 1+ hour ago (169+ words) China's Anta Sports plans to open 10 stores across India by March 2027 in a partnership with Brandman Retail Ltd. The planned openings come as relations between the two countries have improved and Indian consumers show renewed appetite for Chinese brands. The…...
EXEC: Lululemon's LULU Shares Slide as CEO Pick Gets Mixed Reviews
5+ day, 23+ hour ago (678+ words) O'Neill, who will take over as CEO on September 8 due to a non-compete clause with Nike, succeeds Calvin Mc Donald, who stepped down, effective January 31, after seven years as CEO amid slowing North American growth and pressure from Lululemon founder…...
EXEC: WFSGI Elects Nike and New Balance Execs as Co-Chairs
6+ day, 7+ hour ago (423+ words) The World Federation of the Sporting Goods Industry (WFSGI) elected Dave Wheeler, chief operating officer of New Balance, and Jorge Casimiro, chief public affairs and public policy officer at Nike, as co-chairs of its new Board, marking first time two…...
EXEC: Puma Appoints Adi Veteran to Head Sportstyle Business Unit
1+ week, 2+ day ago (245+ words) Puma appointed Laurent Fricker as VP of the Sportstyle business unit, starting June 1. Most recently, he was vice president of Originals, Basketball and Partnerships Europe at Adidas. Fricker has been with Adidas or Reebok for nearly 20 years. He initially joined…...
Life Labs Partners With Shinhan to Expand Warm Life Fabrics
3+ week, 6+ hour ago (420+ words) Materials science company Life Labs has partnered with South Korea's Shinhan to expand the global availability of its Warm Life thermoregulating performance fabric. Shinhan, a woven fabric mill specializing in the production of technical textiles for outdoor and activewear applications,…...
EXEC: Sports Direct Owner Frasers Group Acquires Near 6 Percent Stake In Puma SE
1+ mon, 3+ week ago (194+ words) SGB Media Online EXEC: Sports Direct Owner Frasers Group Acquires Near 6 Percent Stake In Puma SE Frasers Group, the parent of Sports Direct, Slazenger, Donnay, LA Gear, No Fear, and Antigua, has acquired a near 6 percent stake in Puma, according…...
Men's Activewear Brand Young LA Opens First Store
2+ mon, 1+ week ago (124+ words) Founded in 2014 by brothers Gurmer and Dashmeet Chopra, the men's fitness brand has reportedly built a strong following by focusing on reaching fitness influencers online with 2. 4 million followers on Instagram. Los Angeles-based activewear and lifestyle start-up Young LA has opened…...
Former NFL QB Duck Hodges Launches Men's Apparel Brand
2+ mon, 2+ week ago (362+ words) Club Country, a new men's lifestyle apparel brand for the outdoorsman, founded in Old Hickory, TN, has launched. Touted as the brand for men who "want to have it all," Club Country is made for men looking for apparel that…...
Former NFL Quarterback Launches Club Country, Men's Apparel Brand
2+ mon, 2+ week ago (362+ words) Club Country, a new men's lifestyle apparel brand for the outdoorsman, founded in Old Hickory, TN, has launched. Touted as the brand for men who "want to have it all," Club Country is made for men looking for apparel that…...