Latest Headlines – Page 33
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Reebok unveils new premium sportstyle line in partnership with Farfetch's NGG
Reebok has unveiled Reebok LTD, a new premium line led by New Guards Group (NGG), with the goal of further elevating the Reebok brand through new products and collaborations. Reebok defines LTD as “a playground for creative evolution” under the motto “LEARN. TEST. DESIGN.” (LTD); a platform to unleash personal ...
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KMD Brands’ FY results dimmed by softer consumer sentiment in Q4
Strong sales growth from all three of KMD Brands’ brands – Rip Curl, Kathmandu, and Oboz – was offset by weaker results in the year’s final period, which ended July 31. Annual Ebitda rose 11.2 percent to 200.1 New Zealand dollars (€117.1m), but net profit was essentially flat at NZ$36.6 ...
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Asian sneaker marketplace Novelship secures $9.5 million in Series B funding
Novelship, a Singapore-based marketplace founded in 2018, has received US$9.5 million in its Series B funding round led by East Ventures, iGlobe Partners and GSR Ventures. The company said the new funding will accelerate its efforts to strengthen its brand presence across Southeast Asia. This includes improving logistics capabilities, refining ...
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Milan to become “the first wellness city”
Technogym’s founder and president, Nerio Alessandri, is planning to make Milan the “first wellness city,” as he has said in an interview with Corriere della Sera. In 2003, Alessandri founded the Wellness Foundation, based in Italy’s Romagna, where Technogym is also headquartered. The Wellness Foundation promotes scientific research, health education ...
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Annie Leibovitz shoots for Canada Goose, focus on female empowerment
Canada Goose has taken to the rugged landscapes of New Mexico with Annie Leibovitz to stage its latest brand campaign, taking its community on a journey of female empowerment and individuality. The new Live in the Open campaign for FW23 celebrates three trailblazing women from the vastly different worlds of ...
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Adidas Originals launches new global brand platform
Celebrating the brand’s history across sports, music and fashion, Adidas Originals this year honors those who have consistently brought the iconic mark – the Trefoil – to the forefront of culture with a new global brand platform. The focus is on three films shot by three creative pioneers and a ...
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PrimaLoft launches new durable synthetic insulation
PrimaLoft, Inc. has introduced its latest innovation, PrimaLoft Utility. PrimaLoft Utility represents a new design approach and sets “new benchmarks in durability within the realm of synthetic insulation while also providing unparalleled ease of use and care.” According to PrimaLoft, Utility was designed to redefine the standards for durability and ...
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Muntagnard launches mono-material apparel via Kickstarter to avoid overproduction
Source: Muntagnard Muntagnard founders Dario Pirovino and Dario Grünenfelder Muntagnard, a young startup from Switzerland, has been offering its latest two sustainable products – the MIUtec Iso Vest and the MIUtec Iso Hooded Jacket – exclusively and internationally on Kickstarter since Aug. 24. The company uses Kickstarter ...
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Tecnica presents first ski boot based on new eco design principles
For the 2023/24 season, Tecnica has redesigned its successful Cochise model to reduce its carbon footprint and support the circular economy. “The Cochise is our first ski boot to benefit from what we have learned from the ‘Recycle Your Boots’ program,” explains Matteo Murer, Product Manager Tecnica Ski Boots. “By ...
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Gowalking.com goes online to unite fitness walkers worldwide
On Sept. 12, Gowalking.com launched a start-up founded by Jeremy Goldstein with the goal of connecting and supporting the world’s estimated 1.2 billion fitness walkers by providing a simple and innovative platform to find and join local walking groups and receive the latest walking fitness news. Gowalking.com ...
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EU to take action on late payments
The European Commission is at work on a revision of its Late Payment Directive. It has put out a call for evidence and opened up a public consultation. A third step, the convening of an SME panel, is underway. The directive in force dates to February 2011 and is intended ...
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Zumiez encouraged by some brands in Europe, private label growth
Zumiez, despite reporting a Q2 loss of $8.5 million against a profit of 3.1 million and an 11.6 percent drop in revenues to $194.4 million for the period ended July 29, remains encouraged by key elements of its overall business. Those include “a good trend line” heading into Q4, a ...
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New trio at Schanner’s helm
German company Schanner Eishockeyartikel GmbH + Co KG has expanded its management to three members on May 1, 2023. The long-standing employees Jan Otto and Mathias Angele have since been managing the company for hockey, ice skating and fun sport equipment together with CEO and sole shareholder Marc Meier. Schanner ...
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UYN banks on new biotech fibers
Source: UYN Evolutyon Biotech Italian brand UYN (Unleash Your Nature) has developed a range of new high-performance biomaterials. From Kapok, the so-called “plant wool,” to Flexicorn, an elastic fiber made from corn seeds, these fibers are designed to replace those synthetic ones derived from fossil fuels that ...
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A1 Padel, unfazed, looks to US
Fabrice Pastor, himself a former professional player, remains optimistic about the world’s third-largest pádel league, A1 Padel – known until this past January as the APT Tour. He is optimistic in the face of the recent unification of the world’s top two leagues, World Padel Tour (WPT) and Premier Padel. ...
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Salomon gives competitors insight into its winter sports product LCA
Salomon has unveiled the results of its winter sports product life cycle assessment, which was conducted across the company’s entire ski and snowboard range. The study, which began in 2019, was conducted with the goal of understanding the environmental impact of Salomon’s entire product offering using a science-based approach. Now, ...
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National Running Show organizer Raccoon acquired by investment company
Cuil Bay Capital, a new U.K.-based investment firm led by exhibition entrepreneur Doug Emslie, has announced its first investment by acquiring a majority stake in U.K.-based Raccoon Media Group. Raccoon was founded in 2016 and achieved great success with the launch of the National Running Show. Since then, other trade ...
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Thélios acquires Vuarnet
Thélios, the eyewear company of French luxury group LVMH, has announced its acquisition of Vuarnet from NEO Investment Partners, the U.K.-based investment fund that owned the brand since 2013. This marks the first brand acquisition by Thélios, whose portfolio included exclusively fashion brands from its parent company until now. Thélios ...
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Sport-Tiedje becomes Peloton’s strategic partner in Germany
Peloton is strengthening its retail presence by entering into a collaboration with the Sport-Tiedje Group that will make the fitness retailer the exclusive distributor of Peloton fitness equipment in Germany. The collaboration represents a key milestone for the connected fitness company, expanding access to its fitness equipment and instructor-led classes ...
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ISPO Munich 2023 offers New Perspectives on Sports
Only three months before the leading sporting goods trade show, ISPO Munich opens its doors again at the Messe München exhibition center. The show, which will take place from Nov. 28-30, 2023, will be thematically divided into the following areas: Outdoor (Halls A1-A3): From large booths to merged villages, ...