Sport & Leisure

Nike revenues hit $12.4bn in Q3

Nike Inc. has revealed that its third quarter revenues slightly increased on both a reported and currency-neutral basis to $12.4bn…

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Hype to target kids and families with new travel product range

Hype has announced its new growth strategy, which will centre around a product range of travel accessories aims at kids…

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Lululemon to open upsized flagship in Covent Garden

Athletic apparel brand lululemon will be relocating and upsizing its flagship store within The Yards, Covent Garden.  Taking a new…

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Sports Direct opens new flagship store in Cardiff

Sports Direct has today (23 February) opened its fourth flagship store in Cardiff, Wales, marking the launch of their new…

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Nike to cut 1,600 jobs in cost trimming measure

Nike is set to cut 1,600 jobs, around 2% of its workforce, in an attempt to trim its costs after…

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Halfords maintains FY guidance despite weak December sales

Halfords has maintained its full-year guidance despite December sales being “much weaker” than expected.  In its third quarter, total revenues…

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JD Sports lowers guidance after underwhelming Christmas sales

JD Sports has lowered its full year profit guidance to between £915m – £935m, down from its ambitious £1bn target…

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Nike lowers sales forecast amid $2bn cost savings plan

Nike has announced that it is set to make cost savings of $2bn (£1.57bn)across the next three years and has…

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Castore secures £145m investment

Castore, the performance sportswear brand and technology-enabled, end-to-end digital platform for global sports teams, has secured significant growth investment in…

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Decathlon launches nationwide buyback service

Decathlon has announced the launch of a buyback service in 50 of its stores across the country. The scheme will…

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