Latest Headlines – Page 213
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Mizu opens a European office in Amsterdam
We have already reported about Hydro Flask's new European headquarters in Basel, Switzerland (The Compass – Vol. 9 – N° 7+8 of Apr. 13). Last month, another American supplier of vacuum-insulated drinkware as well as reusable bottles, Mizu, announced the opening of a wholly owned European subsidiary, Mizu Europe.Mizu Europe ...
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Patagonia launches a collection using recycled materials
Patagonia has unveiled a new collection made of recycled materials, from the insulation to the outer layers. The so-called Recollection includes shirts, fleece vests, a coat, a hooded pullover, men's pants and a skirt. The items are made from 100 percent recycled down, 100 percent recycled wool and 100 percent ...
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Patagonia expands its Fair Trade program for autumn 2016
Patagonia has scaled up its Fair Trade program, in partnership with Fair Trade USA, from one factory and 11 styles in autumn 2014 to six factories and 218 styles in autumn 2016. By autumn 2017, the California-based outdoor brand expects to boost further production of fair trade garments from 218 ...
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Zalando’s margins beat forecasts
Beating forecasts, Zalando reported higher profits for the third quarter ended Sept. 30, thanks to higher efficiencies in inventory management and other processes, although the growth of its turnover slowed down to 17.1 percent year-on-year from the 25 percent rate enjoyed in the previous quarter. It generated an adjusted Ebit ...
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The 2017 Ispo Brandnew winners
An international jury, mostly made up of former winners of the Ispo Brandnew Awards, has picked the eight start-ups who have won the competition this time in eight categories and 42 finalists among nearly 400 submissions. All the winners will be allowed to show their products in Hall B5 at ...
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Hi-Tec to be acquired by Cherokee
Cherokee Global Brands (CGB), a U.S. company specializing in apparel sales and licensing, has agreed to take over nearly all of the assets of Hi-Tec Sports International for an aggregate purchase price of about $95.8 million from the Van Wezel family, and to transform the Dutch-based sports and outdoor footwear ...
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Woolrich falls under its licensee’s control
In a rare case where a company is acquiring control on a global basis of the brand it distributes or licenses in certain territories, Italy's WP Lavori in Corso is merging its operations with those of Woolrich Inc. to form a new company, Woolrich International, in which it will have ...
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Foot Locker enjoys the lifestyle trend
Foot Locker is benefitting from the growing importance of the lifestyle segment of the athletic footwear market, for example with the success of Adidas Originals in its U.S. stores during the third quarter of its financial year, ended on Oct. 29. It is re-introducing casual lifestyle items in the stores ...
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Foot Locker brings Jordan to Europe
The first free-standing Jordan store in Europe opened in the Bastille district of Paris a few days ago, taking the place of a former furniture outlet. It is managed by Foot Locker, which opened a Jordan store in New York last year through its Footaction chain, naming it Flight 23. ...
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Puma regains shelf space
As the Puma brand is regaining resonance, the group's sales jumped by 8.3 percent to €990.2 million for the third quarter and its managers are confident that the growing level of full-price sell-out in the last two months will drive continued expansion and underlying margin improvement.The sales increase amounted to ...
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Nidecker group buys Flow snowboarding
The Nidecker Group has reinforced its share in the snowboarding market by taking over the brand assets of Flow Snowboarding from Flow Sports, the Californian board sports group, at an undisclosed price.The two companies said that their assets were complementary, and the tie-up will enable both of them to sell ...
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Is LVMH seriously moving into sports?
LVMH is said to be in discussions for the acquisition of Cicli Pinarello, the Italian brand of high-end road bicycles, as well as Rapha, the British brand of classy cycling apparel. The reports could not be confirmed at the time of going to press.If confirmed, these moves by the world's ...
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Moncler puts its name on Zai skis
Taking inspiration from its origins as a French brand of technical skiwear, Moncler has launched a small limited edition of high-end skis to go with its Moncler Grenoble line of skiwear. They will be sold at some of its single-brand stores at ski resorts and in the cities as well ...
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Bogner upgrades team for expansion strategy
Andreas Baumgärtner has been appointed as managing director in charge of design and marketing at Willy Bogner, as part of the management and strategic changes that are meant to raise the German skiwear and fashion brand's turnover to about €300 million in 2022.Baumgärtner, who will start at Bogner in April ...
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Rossignol claims gains in alpine ski market
The Rossignol group estimates that it has gained market leadership in alpine and Nordic skiing and become the second-largest player in the market for alpine skiing boots with the Rossignol and Lange brands, after the Amer Sports group and before Tecnica and Nordica.Bruno Cercley, Rossignol's chief executive, says that pre-orders ...
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Rossignol makes multi-faceted investments in Time Sport
The Rossignol Group has rejigged the management of Time Sport International and moved its production, as part of the plans to nearly triple the French cycling brand's turnover to about €30 million in three to five years' time. The group already reported a rise of 40 percent in pre-orders for ...
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Amer adjusts for digital growth
The Amer Sports group is adjusting its business structure to create a connected devices and services category, as the Finnish sporting goods supplier is multiplying efforts to launch connected products.The new category is covering Amer's digital services and technologies along with the former Sports Instruments division, which chiefly covers the ...
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Billabong weighs new disposals
Billabong International informed shareholders at its annual meeting last month that it was studying the divestment of its smaller brands to focus on Billabong, RVCA and Element. This was described as a continuation of the strategy set in motion by the group three years ago, which included cost reductions and ...
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Weak American sales hurt Asics
Asics raised its sales by 3.7 percent to €695 million in Europe, the Middle East and Africa (EMEA) in the nine months to September, with more focus on fewer accounts with more diverse products.Sales of running footwear were up by 6 percent in the region, against a rise of 3 ...
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Mixed results for Mizuno
Mizuno performed much better in Europe than in the U.S. or Japan in the second quarter of its financial year, ended on Sept. 30. In terms of local currencies, sales grew by 10.5 percent in Europe during the period, but they fell by 14.5 percent in the Americas. They were ...
