Oil Slides, Stocks Climb on Trump’s Iran Reprieve
Oil prices tumbled by over 8 percent after Trump said the US was in talks with Tehran to end the US-Israeli war on Iran, a claim parliamentary speaker Mohammad Baqer Ghalibaf has denied.
sports
Workplace & Talent
Under Armour CFO and COO to Step Down
Under Armour Inc. Chief Operating Officer Brad Dickerson will step down from the athletic-apparel maker next year.
Under Armour CFO and COO to Step Down
Under Armour Inc. Chief Operating Officer Brad Dickerson will step down from the athletic-apparel maker next year.
News & Analysis
Under Armour, Wisconsin Sign $100 Million Apparel Deal
Under Armour Inc. signed a 10-year deal worth more than $100 million to become the University of Wisconsin’s official outfitter.
Under Armour, Wisconsin Sign $100 Million Apparel Deal
Under Armour Inc. signed a 10-year deal worth more than $100 million to become the University of Wisconsin’s official outfitter.
News & Analysis
Nike Said to Face Bidding War for NCAA’s Richest Program
Nike Inc. won’t renew its apparel contract with the University of Texas before the company’s exclusive negotiating window expires on Oct. 1.
Nike Said to Face Bidding War for NCAA’s Richest Program
Nike Inc. won’t renew its apparel contract with the University of Texas before the company’s exclusive negotiating window expires on Oct. 1.
Financial Markets
Nike Sprints Ahead as China Sales Defy Economic Slowdown
Nike Inc's first-quarter profits outpaced expectations as surprisingly steep China growth boosted the sportswear maker.
Nike Sprints Ahead as China Sales Defy Economic Slowdown
Nike Inc's first-quarter profits outpaced expectations as surprisingly steep China growth boosted the sportswear maker.
Marketing
Reebok Heads Back to the Gym with New Marketing Blitz
Adidas is underlining its commitment to struggling brand Reebok by stepping up a major marketing campaign that returns it to its roots in the personal fitness business.
Reebok Heads Back to the Gym with New Marketing Blitz
Adidas is underlining its commitment to struggling brand Reebok by stepping up a major marketing campaign that returns it to its roots in the personal fitness business.
Marketing
Why Nike Is Desperate to Keep Michael Jordan’s Sponsorship Money Secret
Nike is forced to hand over one of the most lucrative and secret contracts in sports.
Why Nike Is Desperate to Keep Michael Jordan’s Sponsorship Money Secret
Nike is forced to hand over one of the most lucrative and secret contracts in sports.
News & Analysis
Under Armour to Sponsor NBA's Draft Combine
Under Armour signed a multiyear deal Monday to sponsor the NBA's draft combine.
Under Armour to Sponsor NBA's Draft Combine
Under Armour signed a multiyear deal Monday to sponsor the NBA's draft combine.
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.
Marketing
Michigan’s $169 Million Nike Deal Is Richest in College Sports
The University of Michigan’s new apparel contract with Nike Inc. is worth $169 million, the largest in the history of college sports by almost $80 million.
Michigan’s $169 Million Nike Deal Is Richest in College Sports
The University of Michigan’s new apparel contract with Nike Inc. is worth $169 million, the largest in the history of college sports by almost $80 million.
News & Analysis
Nike Wins Contract to Make NBA Uniforms, Taking Over for Adidas
Nike Inc. won an eight-year deal to make uniforms for the National Basketball Association, taking over a contract that Adidas AG has until 2017.
Nike Wins Contract to Make NBA Uniforms, Taking Over for Adidas
Nike Inc. won an eight-year deal to make uniforms for the National Basketball Association, taking over a contract that Adidas AG has until 2017.
Marketing
Under Armour Gets Shot at Hoop Dreams in NBA Finals
The NBA Finals are a chance for Under Armour Inc. and star Stephen Curry to challenge Nike Inc.’s decades of basketball dominance.
Under Armour Gets Shot at Hoop Dreams in NBA Finals
The NBA Finals are a chance for Under Armour Inc. and star Stephen Curry to challenge Nike Inc.’s decades of basketball dominance.
Technology
Fitbit IPO Rides on Persuading You to Dust Off Your Wristband
Companies like Fitbit Inc., which is planning an initial public offering, are making a big bet that they can keep their products from ending up gathering dust in desk drawers.
Fitbit IPO Rides on Persuading You to Dust Off Your Wristband
Companies like Fitbit Inc., which is planning an initial public offering, are making a big bet that they can keep their products from ending up gathering dust in desk drawers.
The News in Brief
Puig, Estée Lauder Companies Considering Merger
The Spanish owner of Byredo, Rabanne and Charlotte Tilbury and the American conglomerate confirmed on Monday that they are in discussions to combine their businesses.
Applied Nutrition Sinks as War Disruption Poses Growth Risk
The UK supplement maker's shares slumped the most since its 2024 IPO after warning of disruption from the conflict in the Middle East, its CEO told Bloomberg.
New Luxury Store Openings Rise in Europe, Cushman Data Shows
The continent’s leading luxury retail streets saw a 13 percent rise in new outlets last year, with fierce competition for prime locations, according to Cushman & Wakefield.
Garage Clothing Owner Rides Y2K Fashion to $5.3 Billion Fortune
Andrew Lutfy, CEO and majority owner of Groupe Dynamite, saw his net worth surge to $5.3 billion after a sharp rise in shares following the company’s 2024 IPO.
Danone Acquires Protein Drinks Maker Huel in €1 Billion Deal
Huel, which counts actor Idris Elba and TV presenter Jonathan Ross among its investors, has agreed to be acquired by the French consumer goods group in a deal worth about $1.2 billion.
Qatar Investment Authority Eyes 10% Stake in Golden Goose
Qatar’s sovereign wealth fund is preparing to buy a stake in Italian sneaker maker Golden Goose, Corriere della Sera reported Saturday.
Retailers Push UK to Join US and EU Ending Shein Parcel Loophole
British retailers are pushing the UK government to end a tax loophole that has helped online giants Shein and Temu make significant inroads and gain market share.