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SportswearMike Ashley Is Investing in Puma
Mike Ashley's Frasers Group has quietly become Puma's second-largest shareholder — entering at near 10-year lows, just weeks after the brand suspended its dividend following a $368 million quarterly loss.
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SportswearNike Is Paying $300 Million to Get Smaller
Nike is booking $300 million in restructuring charges — mostly severance — as CEO Elliott Hill's turnaround grinds forward with Converse at a 15-year sales low and tariff headwinds topping $1 billion.
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CultureFear of God Essentials Atlanta Capsule: Where Civil Rights History Meets Contemporary Streetwear
Fear of God Essentials' Atlanta Capsule, released during MLB All-Star Week, is a thoughtful streetwear collection that bridges the city's civil rights legacy with contemporary hip-hop culture.