Adidas designer sorry for shoes 'appropriated' from Mexico https://t.co/LjEpgWqpGP ...

Core Viewpoint - Digital Brands Group, Inc. has announced a private investment in public equity (PIPE) financing agreement, raising approximately $11,225,000 after fees and expenses [1][2]. Financing Details - The PIPE financing involves the sale of up to 14,031.25 shares of Series D Convertible Preferred Stock, convertible into common stock at a conversion price of 80% of the lowest closing price over the previous five trading days [2]. - The stated value of the Series D Preferred Stock is $14,031,250, with a cash purchase price of $11,225,000 [2]. Placement Agent - RBW Capital Partners LLC, a division of Dawson James Securities, acted as the placement agent for the PIPE financing [3]. Securities Registration - The securities offered in the PIPE financing have not been registered under the Securities Act of 1933 and are only available to accredited investors [4]. - The company plans to file registration statements with the SEC for the resale of unregistered shares upon conversion of the Series D Preferred Stock [4]. Company Overview - Digital Brands Group specializes in eCommerce and Fashion, offering a variety of apparel through multiple brands on both direct-to-consumer and wholesale bases [6]. - The company focuses on leveraging customer data and purchase history to create personalized content and enhance customer engagement [6].

Canada Goose (GOOS) FY 2025 Annual General Meeting August 08, 2025 10:00 AM ET Speaker0Good morning, everyone. This is Danny Reiss, chairman and chief executive officer of Canada Goose. On behalf of our management team, directors, and employees worldwide, it is my pleasure to welcome you to our annual meeting of shareholders. Fiscal two thousand and twenty five was a year of meaningful progress for Kennedy Good. We finished strong with momentum across our brand, our retail execution, and our operational dis ...

Key Takeaways UAA earned $0.02 per share in Q1, missing estimates, while revenues of $1.13B fell 4.2% Y/Y.Direct-to-consumer revenues slipped 3.5% as e-commerce dropped and store sales inched higher.Margin gains came from favorable FX, pricing strength and an improved product mix.Under Armour, Inc. (UAA) reported first-quarter fiscal 2026 results, wherein the top line exceeded the Zacks Consensus Estimate and the bottom line missed the same. Revenues decreased and earnings increased year over year. Also, e- ...

Key Takeaways NIKE is expanding e-commerce via premium launches, Amazon tie-ups and sport-led storytelling.Wholesale sales fell and inventories stayed high in some markets, pressuring retail performance.Management warns the retail turnaround, especially in China, will take time despite digital gains.NIKE Inc. (NKE) is doubling down on e-commerce as it navigates a challenging retail landscape. In fourth-quarter fiscal 2025, the sportswear giant’s digital transformation gained traction, with NIKE Direct showi ...

Under Armour (UA) Q1 2026 Earnings Call August 08, 2025 08:30 AM ET Speaker0Good day, and welcome to the Under Armour Q1 twenty twenty six Earnings Conference Call. Today, all participants will be in a listen only mode. Please note that today's event is being recorded. I would now like to turn the conference over to Lance Allaga, Senior Vice President, Finance and Capital Markets. Please proceed.Speaker1Thank you. Good morning, and welcome to Under Armour's first quarter fiscal twenty twenty six earnings co ...

Under Armour (UA -2.04%), the athletic apparel and footwear maker recognized for its performance sportswear and innovation, released its first quarter fiscal 2026 earnings on August 8, 2025. The results pointed to continued operational progress, including improved gross margin and a jump in adjusted operating income (non-GAAP). However, GAAP revenue fell to $1,134 million, 4.2% lower than the prior year and 2.0% below analyst expectations of $1,155 million. Adjusted earnings per share (EPS) came in at $0.02 ...

Core Insights - Under Armour reported its unaudited financial results for the first quarter of fiscal 2026, ending June 30, 2025, showing a revenue decline of 4.2% year-over-year to $1.134 billion [5][13][15]. Financial Performance - The company experienced a gross margin increase of 70 basis points to 48.2%, attributed to favorable foreign exchange, pricing, and product mix, despite higher supply chain costs [5][13]. - Selling, general, and administrative expenses decreased by 37% to $530 million, with adjusted expenses down 6% to $522 million, excluding transformation expenses [5][13]. - The net loss for the quarter was $3 million, with an adjusted net income of $9 million, leading to a diluted loss per share of $0.01 and adjusted diluted earnings per share of $0.02 [5][13][26][28]. Revenue Breakdown - North American revenue decreased by 5% to $670 million, while international revenue declined by 1% to $467 million [5][14]. - Within international markets, EMEA revenue increased by 10%, while Asia-Pacific and Latin America saw declines of 10% and 15%, respectively [5][14]. - Apparel revenue decreased by 1% to $747 million, footwear revenue fell by 14% to $266 million, and accessories revenue increased by 8% to $100 million [5][16]. Restructuring Plan - Under Armour's restructuring plan, initiated in May 2024, is expected to cost between $140 million and $160 million, with $71 million in restructuring and impairment charges recorded by the end of Q1 fiscal 2026 [4][5]. - The company anticipates recognizing the remaining charges by the end of fiscal 2026 [4]. Outlook - For the second quarter of fiscal 2026, revenue is expected to decline by 6% to 7%, with a projected low-double-digit percent decrease in North America and high-single-digit percent growth in EMEA [6][11]. - Gross margin is anticipated to decline by 340 to 360 basis points due to supply chain headwinds and an unfavorable channel mix [6][11]. Cash and Liquidity - Cash and cash equivalents totaled $911 million, including $400 million raised from senior notes during the quarter, which will be used to manage upcoming debt obligations [5][19]. Company Overview - Under Armour, Inc. is a leading inventor, marketer, and distributor of branded athletic performance apparel, footwear, and accessories, headquartered in Baltimore, Maryland [9].

Ralph Lauren’s fiscal first-quarter net income rose sharply and the designer label boosted its sales projection for the fiscal year as consumers paid up for its clothes and accessories in many parts of the world, especially in Asia https://t.co/mZpU0YrSqo ...

NEW YORK, Aug. 07, 2025 (GLOBE NEWSWIRE) -- With marathon season heating up and more than 50 million Americans running regularly, Nike is encouraging people across the country to step up to the starting line for their first––or farthest, or fastest––run. Recently, Nike Running Global Head Coach, Chris Bennett, participated in a nationwide satellite media tour to provide tips and inspiration for runners of all levels. During interviews with local and national news outlets, Coach Bennett––known to many as “Co ...