Sportswear
Found 4 recent publications
The Chinese imitation of Air Jordan has become a headache for Nike
The Chinese company Qiaodan, featuring a logo and name strikingly similar to Michael Jordan's brand, continues to pose a significant challenge to Nike in China. Nike's sales in the country plummeted by 17% in the last quarter.
ANTA launch in Israel: Castro collaborates with competitor Renuar
About a month ago, Castro announced its plans to launch the Chinese sportswear brand ANTA in Israel. The company has now revealed it will collaborate with the competing fashion group Renuar to jointly establish the brand's operations, subject to Competition Authority approval.
Turmoil at Nike: Sales in China at an eight-year low
The business of sports giant Nike in China is in a deep crisis. Although the sportswear market in the country has grown by 51% over the last five years, the company's sales in the region have fallen for eight consecutive quarters. Since 2021, Nike's business in China has shrunk by 30%, and its annual revenue has reached an eight-year low.
Noa Kirel and Maya Kay Present New Adidas Collection at Accessible Prices
The international sports giant is launching a new training series in Israel featuring the country's leading stars, with prices ranging from 250 to 400 shekels.