Lululemon Athletica Inc is coming off two straight quarters of solid growth and is forging ahead with expansion plans that include a focus on menswear, a move that could breathe life into an ailing athleisure market.
Canadian yoga and leisure apparel maker Lululemon Athletica Inc reported quarterly profit and sales on Thursday that topped expectations as online sales surged 30 percent thanks to an effort to beef up its e-commerce ...
Shares of sporting goods retailers were pummelled in early trading on Friday as dismal quarterly results from Hibbett and Foot Locker heightened concerns about a supply glut intensifying price wars in the industry.
Under Armour Inc's shares hit a record low after it trimmed its full-year sales forecast, and said it would cut 2 percent of its workforce and shutter facilities amid fierce competition in North America.
German sportswear company Puma's use of top athletes and celebrities as its face seems to be powering its rising revenues, a strategy the brand plans to continue after its flagship star Usain Bolt retires.