Nike Inc. shares are on track to suffer a record streak of losses as concern over China’s sluggish consumer recov

Selling jackets with built-in fans, neck coolers and T-shirts that feel cold, Japanese firms are tapping into a growing market for products to help people handle the summer heat. 

Dick’s Sporting Goods Inc. laid off about 250 employees from its corporate workforce, a person familiar with the matter said.

Swedish sports brand Bjorn Borg has reported net sales of 412.5 million Swedish krona (approximately $37.79 million) in the first half of fiscal 2023, marking a 6% increase from SEK 388.2 million in the previous year.

​The drive towards DTC and away from wholesale appears to be stalling with wholesale management ecosystem JOOR saying global fashion brands are forecasting “exceptional growth of 27% in their wholesale channels”.

France's most successful football club Paris Saint-Germain (PSG) has opened a new permanent store location in Las Vegas.

Designer Peter Do is launching a Banana Republic collab with a capsule collection that will drop in selected stores and online  in October. It feeds into the quiet luxury trend and is available with only unisex sizing. 

Starter, the sports-apparel brand that was popular in the 1990s, is plotting a comeback for its old-school styles and is in talks for new deals and endorsements.

Swiss shoemaker On Holding AG said the strength of the franc will dampen its ability to fully capitalize on explosive growth in its US sneaker sales later this year.

US-based apparel and footwear company Wolverine Worldwide has posted revenue of $589.1 million for the second quarter of fiscal 2023 (Q2 FY23), a decline of 17.4 per cent compared to the prior year.

Kim Kardashian is fronting the new Marc Jacobs campaign for AW23 with photos shot by London-based Tyrone Lebon and styled by i-D‘s Editor-in-Chief Alastair McKimm. 

​John Lewis has announced a strategic partnership with Google Cloud, worth £100 million over the next five years. It “represents a major expansion of the successful relationship it has had with Google since 2012”.

CommerceHub, one of the world’s largest commerce networks for global retailers and brands, has announced implementation of its e-commerce platform with Alibaba’s Miravia, a premier selling channel in Spain. 

​Under Armour has posted a surprise first-quarter profit and beat sales expectations as cost pressures eased and higher discounts upheld demand for the sportswear maker's clothes and footwear.

German brand Puma has partnered with RipNDip for a collab featuring apparel and footwear. The new link-up offers up a range of pieces with custom graphics across some of Puma’s core silhouettes.

Britain's biggest sportswear retailer JD Sports Fashion said on 8 August it will acquire the remaining 40% stake it does not own in Marketing Investment Group (MIG) from the Polish retailer's minority shareholders.