Releasing some financial details before it officially reports next month, JD Sports confirmed that it would hit guidance for £915 to £935 million in adjusted profit before tax for the year ended Feb. 1, in which organic revenues increased 5.8%, and comps inched up 0.3%.

Today, the Trump administration abruptly paused the nonsensical “reciprocal” tariffs it imposed last week on nearly every country in the world, reverting to the 10% base tariff on all trading partners that it announced in Feb.

Athletic apparel is trending downward after strong demand in recent years while smaller brands continue to chip away at Nike’s leading mindshare in footwear and apparel, according to the Spring 2025 Taking Stock with Teens survey from Piper Sandler.

Cargo imports at major container ports are set to pull back sharply beginning in May as importers fear massive tariff hits, according to the NRF and Hackett Associates’ Global Port Tracker report.

The 450-door specialty footwear and lifestyle chain promoted its president and general manager of the Americas, Matt Lafone, to global Czar.

PTON tapped 25-year technology industry veteran Charles Kirol to the newly created role of COO, effective Apr. 14, reporting to president and CEO Peter Stern.

The Japanese sportswear brand’s shareholders approved the establishment of a foundation at its general meeting held on Mar. 28.