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February 04, 2020


Nike Warns Coronavirus Will Hit China Sales

After the market closed today, Nike announced that the coronavirus outbreak will have a material impact on its operations in Greater China, its most profitable international geography.

Peloton Settles with Flywheel Sports

PTON has settled its 2018 lawsuit against rival exercise company Flywheel Sports, who it had accused of copying its patented business model of combining in-home hardware with connected training programs.

Nike Goes After Online Counterfeit Sellers

In seven broadly similar lawsuits filed in Chicago federal court over the past week, the Eager Beavertons are suing hundreds of online marketplace seller accounts for peddling fake Swoosh products.

Foot Locker Rolls Out FLX in North America

The unified shopping rewards program covers all of Big Foot’s banners using a system that awards points per dollar spent, as well as bonuses for completing surveys, giving shopping preferences and connecting social media accounts.

Xtep Q4 Sales Grew Double Digits

The running-focused Chinese sneaker and apparel brand saw retail sales in the final quarter grow more than 20% overall, including low-teens same store sales growth.

Etcetera: Dick’s, Skechers, Garmin, Nike, Salomon

 
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