Category: Footwear

Puma said it no longer expects its business will return to normal soon, despite encouraging signs coming out of China, adding it was abandoning the 2020 guidance it gave on February 19 that had assumed the crisis would be short-lived.

Adidas said it expects first-quarter sales to fall more than 10 percent as revenues in Greater China tumble between €0.8 billion and €1.0 billion below the prior-year level due to the coronavirus outbreak. The guidance assumes a decline of about €100 million in Japan and South Korea while the rest of the world grows at a currency-neutral 6 percent to 8 percent.

Dick’s Sporting Goods reported fourth-quarter earnings topped Wall Street’s expectations as same-store sales rose 5.3 percent. The retailer also announced it was removing the hunt category from another 440 stores.

Adidas said one of its employees at its headquarters in Herzogenaurach, Germany has tested positive for the coronavirus.

Lacrosse Unlimited announced the continued expansion of the institutional sales and production team with the addition of Kevin Simmons and Rob Rochford in sales and Mitch Mendel in production.

Brooks Running, which is based in Seattle, WA, is restricting all non-essential travel and encouraging employees to work from home if possible as part of its response to the coronavirus outbreak.

Le Coq Sportif reached an agreement to supply apparel for the French Olympic and Paralympic team for the Paris 2024 Games. The French brand had supplied France’s Olympic team between 1912 and 1972.

In recognition of Women’s History Month, the Women’s Sports Foundation (WSF) in a partnership with Dick’s Sporting Goods Foundation released” Keeping Girls in the Game: Factors that Influence Sport Participation,” a new, national research report examining the social influences on youth entry, retention and drop out from sports.