Nike Inc shares rose 8% on Friday, after the company's solid quarterly results eased worries that escalating trade tensions between Washington and Beijing would weigh on China demand and hurt the group's growth.
Sportswear maker Under Armour on Wednesday forecast 2019 revenue growth and profit below Wall Street estimates on expectations of flat sales in North America, triggering a 11 percent drop in its shares.
A raft of major fashion names have benefited from the rise of street fashion and luxury’s growth in the past decade with a new study of Google search data showing just how popular some brands have become in the UK.
Athletic apparel maker Lululemon Athletica reported a third-quarter profit above analysts’ estimates, driven by a rise in its established store sales but failed to provide an upbeat revenue outlook for the holidays.
Cambodian Prime Minister Hun Sen told his ministers to ease pressure on labor union leaders on Wednesday, after threats by the European Union to remove the Southeast Asian country’s duty-free trading access.