Zalando’s Q1 Results Beat Plan

Zalando SE, the German fashion e-tailer, reported group revenues and adjusted EBIT exceeded expectations in the first quarter, mainly due to a strong start on the spring/summer season across Europe and the UK…

Play It Again Parent Shows Profit Gains

Winmark Corporation, the parent of Play It Again Sports, reported net income for the first quarter ended March 28 of $6.05 million, or $1.17 cents a share, a gain of 29.2 percent against the year-ago period…

German Smart Bike Company Raises $4MM

COBI, a German developer of connected biking systems, is poised to receive more than $4 million from European investors for production and establishment of distribution, marketing and customer service…

Report: Nike Close to NBA Deal

Nike is near a deal to replace Adidas as the uniform provider for the NBA, according to a report in The SportsBusiness Journal. In early March, Adidas said it would not extend its deal as the official apparel sponsor of the NBA after the 2016-17 season,

Play It Again Parent Posts 1Q Profit

Winmark Corporation, the parent of Play It Again Sports, reported net income for the quarter ended Mar. 28 of $6.05 million, or $1.17 cents a share, compared to net income of $4.55 million, or 86 cents…

JD Sports Fashion Posts Strong Fiscal 2014 Results

JD Sports Fashion Plc reported strong demand for international sports footwear brands helped propel it to record annual profits before taxes and exceptional items in the fiscal year ended. Jan. 31 despite a tough second half at its outdoor specialty banne

Airwalk Secures Partnership to Expand in Japan

Authentic Brands Group, LLC (ABG) and Itochu Corporation, one of Japan’s largest trading houses, announced a partnership to share joint-ownership of the intellectual property rights for global youth lifestyle brand, Airwalk in Japan…

KT Tape Names Greg Venner its New CEO

KT Health, LLC, parent company to KT Tape and a leading producer of kinesiology tape and related sports medicine products, announced that Greg Venner has joined the company as president and chief executive officer…

Pou Sheng Issues Positive Warning Alert

Pou Sheng International (Holdings) Limited, which is the largest distributor of international branded athletic apparel and footwear in the People's Republic of China, warned investors Wednesday that it is likely to report better than expected results

Licensing Expo Expands Sports Lineup

Licensing Expo announced an expanded sports lineup at the 2015 show. Held June 9 to 11 at the Mandalay Bay Convention Center in Las Vegas, Licensing Expo will welcome sports brands including the Major League Baseball Players Association; NFL Players Inc.;

PSG’s Q3 Boosted by Momentum Across Segments

Performance Sports Group (PSG) widened its loss for its third quarter ended Feb. 28 but earned a profit against a loss excluding special items with all three of its core segments showing healthy revenue gains. The loss in the quarter spread to $11.5 milli