Adidas announced its financial results for the third quarter of 2022 on November 9. The firm's performance in Greater China, its former growth engine, continued to exhibit poor results.
Canadian athletic apparel retailer lululemon started the year as one of the most popular brands in China due to its superior quality and design. Recently, however, the brand is encountering some doubt as to its quality and prices.
Li-Ning, a Chinese sports brand that has always claimed to have stuck to consumer-focused core values, has recently caused controversy over some products that are similar to Japanese military uniforms. The resulting backlash caused the company's share price to plummet.
Anta Sports Products Limited, a prominent sportswear company in China, increased its overall revenue in the first half of the year by 13.8% to 25.97 billion yuan ($3.79 billion), higher than Nike China's $3.7 billion in the same reporting period.
On June 27, Nike, the U.S. sportswear giant, released key financial data for its fiscal 2022 fourth quarter and full year ended May 31, 2022. Its share price fell nearly 7% the next day and its market value dropped by $12 billion.
Alibaba Sports' employees had received a letter from their CEO Mu Yang, saying that the company would be renamed as "Orange Lion Sports," and that he would also serve as the company's chairman.
Shenzhen-headquartered telecommunications giant Huawei held a founding conference for its second batch of business "legions" on March 30.
Sports technology company Keep submitted its application on February 25 for a public listing in Hong Kong, with Goldman Sachs and CICC serving as co-sponsors.
Starter, an international fashion sports brand, has recently received $40 million in C-round financing. The leading investor was QY Capital.
When Ailing Eileen Gu landed her first-ever official attempt at a four-and-a-half-rotation trick and thereby won the gold medal, related hashtags were soon among the top trends.
Despite substantial efforts by the NFL at globalizing interest in American football, sports fans in China remain largely indifferent.
The International Olympic Committee (IOC) has granted authorization for a limited series of digital mystery toy boxes themed on this year's official Olympic mascot, Bing Dwen Dwen, to be put on sale at 1:00 a.m. on February 12.
Chinese-American skiing phenom Eileen Gu picked up the first Olympic medal of her promising young career on Tuesday morning after narrowly finishing in the top spot at the women’s freeski big air finals.
Tencent's TiMi Studio Group announced on Monday that it will launch Tianmei Health, a sub-brand focusing on sports and wellness.
Kuaishou held a strategic cooperation conference alongside NBA China, announcing that the two sides have reached a multi-year strategic cooperation partnership.
The official website of the Shanghai Stock Exchange shows the landing of Arashi Vision Inc. was approved, which means that it is only a matter of time before the company lands in the Shanghai Sci-Tech Innovation Board.
Adidas recently released its financial report for the second quarter of 2021, which showed that revenue for Greater China during the period was only 1 billion euros ($1.174 billion), down 16% year-on-year.
US-born Chinese skier Eileen Gu celebrated her second gold medal at this year’s Freestyle Ski and Snowboarding World Championships, which is hosted by the International Ski Federation (FIS), after securing an impressive score of 84.23.
Former NBA Champion Jeremy Lin announced earlier that he will not return to China in the upcoming season and will bid for an opportunity to return to the NBA.
Jeremy Lin announced on his social media that he will not be returning to the Chinese basketball league in the upcoming season.