Nike shouldn’t mess with England flag, UK PM says of new soccer kit

Racks of England’s new Nike designed football shirt, with the controversial St George’s cross, are displayed for sale in a central London store on March 22, 2024.  Daniel Leal | Afp | Getty Images LONDON — U.K. Prime Minister Rishi Sunak on Friday said Nike was wrong to “mess with” the design of the flag … Read more

Adidas warns of falling sales in North America as it continues to sell off Yeezy inventory

Adidas shoes are displayed at a DSW store on January 31, 2024 in Novato, California.  Justin Sullivan | Getty Images Adidas on Wednesday warned of a sales decline in its overstocked North American market in 2024, as the German sportswear brand continues to sell off its remaining Yeezy inventory. Currency-neutral sales in North America are … Read more

Lululemon to launch first men’s footwear line

Canadian sportswear clothing band, Lululemon store in Hong Kong. Budrul Chukrut | Lightrocket | Getty Images Lululemon is launching its first men’s footwear line and casual sneaker as the retailer looks for new avenues of growth in the increasingly crowded athletic apparel space, the company announced Thursday.  The retailer is debuting its first casual sneaker, … Read more

Clothing brands failing to eradicate forced labor risk in supply chains, research finds

A Yayoi Kusama sculpture is displayed on the top of the Louis Vuitton’s Champs Elysees store, on January 12, 2023 in Paris, France. This year the French Fashion house has launch a second collaboration with Yayoi Kusama.The first one was in 2012. The Yayoi Kusama x Louis Vuitton collection are now available in all Louis … Read more

Adidas will not write off remaining Yeezy inventory

Shoes are offered for sale at an Adidas store in Chicago on Feb. 10, 2023. Scott Olson | Getty Images Adidas announced on Wednesday that it won’t write off the majority of its unsold Yeezy inventory and instead plans to sell the remaining shoes “at least” at the cost it paid for them, as the … Read more

FBI shut down China ‘Volt Typhoon’ hackers targeting U.S.

The FBI shut down a major China-backed hacking group that attacked hundreds of routers and had been working to compromise U.S. cyber infrastructure, FBI Director Christopher Wray announced Wednesday at a House committee hearing. The hacking group, code-named “Volt Typhoon,” had compromised hundreds of office and home-office routers to allow the Chinese government to access … Read more