Vans shoe maker VF Corp cut its full-year revenue forecast on Friday as it struggles with material shortages, labor issues at factories and slump in sales in China due to COVID-related lockdowns.

In January, the outdoor sportswear and equipment e-tailer has raised fresh capital worth €3 million with Sport & Performance Capital, SGPA and a pool of business angels, to boost its digital tech capabilities.

The French sport retailer is closing down its two California-based US stores, and will prioritise local e-tail development and partnerships with other chains, like Walmart and Target.

Paris couture remains a powerful magnate for experimental designers, as the final day witnessed collections from Yuima Nakazato of Japan, Imane Ayissi of Cameroon and Aelis of Italy.

Authentic Brands Group on Thursday announced Al Boom Marine as its new operating partner for Reebok in the GCC, the Middle East including Iraq and Lebanon, and North Africa including Algeria, Egypt and Morocco. 

The sports retail group, whose revenue recorded a 13.8% shortfall in 2020, set the clock back last year, posting a 20.7% revenue growth to reach a total of €12.2 billion.

​Next is to open a department store in all but name as it transforms its existing sites in the Atria centre in Watford and also adds a Victoria’s Secret, the lingerie brand for which it holds the UK licence.

Lacoste announced on Wednesday that it is teaming up with Angelo Baque’s label Awake NY for a capsule collection that reimagines Lacoste’s iconic pieces. 

German sportswear maker Adidas said on Wednesday it plans to hire more than 2,800 new employees in 2022, across 307 of its sites in 47 countries globally. 

U.S. sportswear giant Nike has appointed its SNKRS vice president, Ron Faris, to lead its Virtual Studios, a new division for the company that supports its latest push into the metaverse.  

French sports retailer Decathlon named 45-year old Barbara Martin Coppola, a former executive at companies such as IKEA and Google, as its new global chief executive.

​How to bring down the cost of an expensive ski holiday. Decathlon UK has launched a new partnership with fashion rental platform Hirestreet, becoming the first major sports brand to offer the service.

Premium UK online sports and outdoor gear retailer Sportsshoes,com has formed a new retail partnership with international outdoor clothing brand Patagonia.

Max Mara is taking its next resort show on the road again, as the Italian marque reveals plans to stage its next cruise collection in Lisbon, marking the latest foreign jaunt by the Italian luxury fashion marque.

Chicago-based Wilson Sporting Goods announced on Friday the opening of its first flagship store in New York City. 

Alpha Industries announced on Monday the appointment of Matthew Pantoja as chief brand officer, effective immediately.