Levi Strauss & Co's is betting it can convince investors there is still plenty of global growth left for the 165-year old company, but fund managers fret the iconic blue jeans maker's stock may be too pricey.
UK premium sports menswear brand Castore is gearing up for major expansion following news that tennis champ Andy Murray has taken an undisclosed stake and has signed an £8 million deal to be its global ambassador.
German sportswear firm Puma gave a conservative forecast for 2019 on Thursday despite strong quarterly sales helped by demand for its chunky RS-X shoes and Cali sneakers, sending its shares down more than 5 percent.
The sportswear brand has teamed up with Richard Branson's Virgin Galactic to create next generation space suits and footwear for astronauts. The creations will showcase a blend of “safety, utility, comfort and style”.