BoA Daily Highlights: Adidas, Under Armour, China, Manny Pacquiao, Nike

Business of Athleisure, Athleisure

Adidas making moves beyond Nike (Amigo Bulls)

“Nike is said to have experienced a decline in its athletic shoe sales in January, whilst both Adidas and Under Armour (NYSE:UA) managed to pull off double-digit gains.”

China makes moves with athleisure (Malaymail Online)

“Luxury has its challenges but active wear is a bright spot in the industry. Some people wear it to weddings in China.”

Why Nike dropped Manny (ESPN)

“Based on Pacquiao’s comments, a spokesman confirmed that he is no longer on the company’s endorsement roster. Pacquiao, 37, had endorsed Nike for a little more than eight years.”

Aimee Laurel

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