Sportswear

Nike Inc (NYSE: NKE) is looking to sell its surfwear brand Hurley International, sources close to the matter told Reuters. What Happened Nike is looking to divest its surfwear brand at a time when the hobby doesn't appeal to non-surfing consumers as it has in the past, sources told Reuters....

Nike Inc (NYSE: NKE) shares are soaring higher in spite of overall market turmoil after reporting a big second-quarter earnings beat after the close Thursday. The world’s largest sportswear company delivered earnings of 52 cents per share, beating estimates by 6 cents. Revenue came in at $9.4...

Dicks Sporting Goods Inc (NYSE: DKS) may not be the Best Buy Co Inc (NYSE: BBY) of the sporting goods industry after all, according to a new Barclays report.  The Analyst   Matthew McClintock downgraded Dicks Sporting Goods from Equal Weight to Underweight and lowered the price...

German sportswear company Puma AG Rudolf Dassler Sport (OTC: PMMAF) may no longer be weighed down by its French parent company Kering S A/ADR (OTC: PPRUY). The French luxury goods group proposed to reduce its stake in Puma on Thursday, distributing the majority of Puma shares — 70...

Under Armour Inc (NYSE: UA) has had quite the week. Despite beating on earnings estimates and revenues, the company suffered the worst single-day decline in eight years. While management tempered future guidance, Under Armour is still growing. It appears to be shifting from a hyper-growth company...

You don't have to be an athlete to wear athletic apparel – and you don't have to go to a gym to know that sportswear has been a runaway hit with consumers for years now. But you may be surprised to learn the often-neglected women's side of the industry could soon sprint by men's sportwear in...