On anticipates reaching net sales of at least CHF 1.7 billion, a gross profit margin of approximately 58.5% and an adjusted EBITDA margin of 15.0% for the full year 2023.

For the first time since 2017, footwear has outstripped apparel as the biggest contributor to Li-Ning’s revenue.

Originally founded in 1906, New Balance has been making running shoes since 1938. In 2000, New Balance reached the $1 billion revenue milestone. It has managed to double its sales in the last 10 years.

In 2022, PUMA significantly improved product offering across all business units and expanded their product offering in Running & Training.

Jim Weber, CEO of Brooks Running, said “The future has never been brighter for performance running.”

Castore may seek a new round of funding to push its valuation to over £1 billion and potentially go public in the mid-term.

Stephanie Linnartz, former Marriott executive, would be taking over as Under Armour CEO and starting in the role on Feb. 27.

Nanjing is one of the few cities in China where you can find landscape scenery within the urban landscape, and Jinling STYLE is located between mountains and the water, facing one of the four famous mountains in the south of the Yangtze River, the Zijin Mountain, with Xuanwu Lake at the back, and close to the Gangzicun Station on Metro Line Four.

Skechers hits record sales in 2022, but net profit plummets.

Chairman, President and Chief Executive Officer Tim Boyle noted, “Financial performance could have been even higher, absent supply chain constraints.”