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BloombergAdidas announced positive results for the first quarter, citing strong performance in its apparel division. The company also noted healthy demand for its football, running, and training products. These results reflect recent trends in the sportswear market as of April 29, 2026.
BloombergAnta, a Chinese sportswear maker, will open a store in the New Delhi suburb of Gurugram next month. The move marks the company's return to India. The announcement came from Anta's local partner, as reported by @business.
retailtimes.co.ukNike has announced it is laying off approximately 1,400 employees as part of efforts to streamline workflows. The sportswear company is addressing a sales slump that has persisted for years. The layoffs are intended to improve operational efficiency amid ongoing sales challenges.