Tag: sportswear

Popular Athletic Clothing Brands Have High Levels of Hormone Disrupting Chemical BPA: Watchdog Group

October 14, 2022
athletic shirtsBPABusiness & MarketsCompaniesHealth & SafetyLifestyleproposition 65sportsweartoxic chemicalsUSUS News
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Sports bras and athletic shirts made by some of the major global sports brands were found to contain dangerous levels of the estrogen-mimicking chemical bisphenol A, commonly known as BPA, posing a considerable risk to people’s health, according to legal notices sent by the Center for Environmental Health (CEH). BPA—an endocrine disrupting chemical that upsets…

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Adidas CEO to Leave Post Ahead of Schedule as the Company Faces Challenges in Chinese Market

August 29, 2022
AdidasBusiness & MarketsChinaChina Business & EconomyChinese marketCompaniessportswearXinjiang Cotton
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German sports brand Adidas recently announced that its CEO, Kasper Rorsted, will leave his post in 2023—three years before his contract ends—and that the company is now searching for its next chief executive. The unexpected move came as the company saw declining sales in China for five consecutive quarters. The company said on Aug. 22…

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SoftBank Invests $400 Million in Activewear Maker Vuori

October 13, 2021
Business & EconomyCompaniesInvestmentSoftbanksportswear
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SoftBank Group Corp.’s venture capital fund has invested $400 million in Vuori Inc., the California-based maker of leggings and sports bras said on Wednesday, valuing it at $4 billion. Vuori, founded in 2015, plans to expand its Western European and Asian markets next year and open more than 100 U.S. stores in the next five…

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