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Nike shareholders reject climate proposal backed by Norway wealth fund
10+ hour, 50+ min ago (445+ words) NEW YORK, Sept 8 (Reuters) – Nike shareholders have rejected a proposal urging more transparency on its climate goals, including disclosing details on how the sportswear maker intends to reach emissions-reduction targets, the company said on Tuesday. The shareholder resolution resurfaced questions…...
Birkenstock raises annual revenue forecast on strong demand
3+ week, 5+ day ago (167+ words) Aug 13 (Reuters) – Birkenstock raised its full-year sales growth forecast on Wednesday, banking on resilient full-price demand for its premium sandals from affluent shoppers. Shares of the German sandal maker were up 7% in premarket trading. A pullback in U.S. discretionary…...
Golf-Glover says mid-round shoe removal about spike marks, not AimPoint protest | WKZO | Everything Kalamazoo | 590 AM · 106.9 FM
1+ mon, 1+ week ago (414+ words) July 27 (Reuters) – Lucas Glover insisted on Monday that kicking off his shoes during a recent PGA Tour event was not a silent protest against the AimPoint putting technique but rather a sock-footed workaround so his metal spikes would not leave…...
Nike slips as gloomy sales outlook, China woes hold off turnaround hopes | WKZO | Everything Kalamazoo | 590 AM · 106.9 FM
2+ mon, 1+ week ago (472+ words) By Savyata Mishra and Akriti Shah July 1 (Reuters) – Nike shares slipped nearly 4% in premarket trading on Wednesday, as investors fretted over the slower-than-expected turnaround at the world’s largest sportswear maker, nearly two years after Elliott Hill took the helm to…...
Sportswear brand On Holding names co-founders as new CEOs
5+ mon, 2+ week ago (404+ words) March 25 (Reuters) – On Holding said on Wednesday co-founders David Allemann and Caspar Coppetti will take over as co-CEOs from May 1, as Martin Hoffmann steps down after guiding the upstart Swiss sportswear brand through a blockbuster public listing. The change at…...