Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
world-cup
Latest News & Analysis
News & Analysis
Adidas Beats Estimates as World Cup Drives Growth
Adidas saw double-digit growth in North America, Asia-Pacific, Latin America and Russia, with second-quarter revenue and profit beating analyst expectations.
Adidas Beats Estimates as World Cup Drives Growth
Adidas saw double-digit growth in North America, Asia-Pacific, Latin America and Russia, with second-quarter revenue and profit beating analyst expectations.
Financial Markets
Puma Shares Tumble as it Sticks to Profit Forecast
Second-quarter sales rose by 15 percent to 1.05 billion euros driven by footwear, slowing from a 21 percent jump in the first quarter.
Puma Shares Tumble as it Sticks to Profit Forecast
Second-quarter sales rose by 15 percent to 1.05 billion euros driven by footwear, slowing from a 21 percent jump in the first quarter.
News & Analysis
Op-Ed | World Cup Semi-Finalists Test Adidas and Nike’s Fast Fashion Efforts
The advance of three unlikely teams — Croatia, Belgium and England — to the World Cup semi-finals has offered up its own test to the sportswear giants: how they’re coping with the shift to fast fashion.
Op-Ed | World Cup Semi-Finalists Test Adidas and Nike’s Fast Fashion Efforts
The advance of three unlikely teams — Croatia, Belgium and England — to the World Cup semi-finals has offered up its own test to the sportswear giants: how they’re coping with the shift to fast fashion.
News & Analysis
Nike Favoured to Beat Adidas at World Cup
The two brands both have three teams playing in their jerseys in the quarter-finals, with one game yet to be played to establish the final eight.
Nike Favoured to Beat Adidas at World Cup
The two brands both have three teams playing in their jerseys in the quarter-finals, with one game yet to be played to establish the final eight.
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News & Analysis
Adidas and the World Cup: Mass Appeal or Awkward Deal?
With this year’s FIFA World Cup embroiled in controversy, official brand partner Adidas is treading a fine line between Russian support and international scrutiny.
Adidas and the World Cup: Mass Appeal or Awkward Deal?
With this year’s FIFA World Cup embroiled in controversy, official brand partner Adidas is treading a fine line between Russian support and international scrutiny.
News & Analysis
Adidas Expects Record World Cup Jersey Sales
The German sportswear firm expects more than 8 million jerseys sold in 2018.
Adidas Expects Record World Cup Jersey Sales
The German sportswear firm expects more than 8 million jerseys sold in 2018.
News & Analysis
Adidas Takes Lead Over Nike in World Cup Shirt Deals
Adidas — also the official sponsor of the tournament — is kitting out the most teams for this year's World Cup, which takes place in Russia.
Adidas Takes Lead Over Nike in World Cup Shirt Deals
Adidas — also the official sponsor of the tournament — is kitting out the most teams for this year's World Cup, which takes place in Russia.
News & Analysis
Adidas Wins World Cup Race, but Nike Kicks Back at Ground Level
Adidas has managed to kick Nike out of the top spot where it really matters: in sales to consumers who play for fun.
Adidas Wins World Cup Race, but Nike Kicks Back at Ground Level
Adidas has managed to kick Nike out of the top spot where it really matters: in sales to consumers who play for fun.
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China
Wanda Says More Chinese Companies Likely to Become FIFA Sponsors
China’s richest man said more Chinese companies are likely to join his Dalian Wanda Group Co. in becoming top FIFA sponsors and help the country’s chances to host the World Cup for the first time.
Wanda Says More Chinese Companies Likely to Become FIFA Sponsors
China’s richest man said more Chinese companies are likely to join his Dalian Wanda Group Co. in becoming top FIFA sponsors and help the country’s chances to host the World Cup for the first time.
News & Analysis
Nike Cooperating in US FIFA Investigation of Brazil Claims
Nike Inc. is once again defending a 1996 sports marketing contract in Brazil following new allegations by the US Department of Justice that corrupt Brazilian soccer officials were paid bribes.
Nike Cooperating in US FIFA Investigation of Brazil Claims
Nike Inc. is once again defending a 1996 sports marketing contract in Brazil following new allegations by the US Department of Justice that corrupt Brazilian soccer officials were paid bribes.
Financial Markets
Adidas Profit Misses Estimates as Demand Lags Last Year’s Cup
Adidas AG reported profit that missed analysts’ estimates as the maker of Lionel Messi soccer cleats couldn’t match demand spurred by last summer’s World Cup.
Adidas Profit Misses Estimates as Demand Lags Last Year’s Cup
Adidas AG reported profit that missed analysts’ estimates as the maker of Lionel Messi soccer cleats couldn’t match demand spurred by last summer’s World Cup.
News & Analysis
Nike Is Finally Selling US Women's Soccer Team Jerseys to Men
Women are now in the driver's seat in the sports apparel market.
Nike Is Finally Selling US Women's Soccer Team Jerseys to Men
Women are now in the driver's seat in the sports apparel market.
The News in Brief
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.
Abercrombie & Fitch Forecasts Muted Annual Sales Amid Tariff Uncertainty
The retailer said it was accounting for the 15 percent tariff announced by US president Donald Trump after the Supreme Court struck down most of his earlier tariffs.