Latest Headlines – Page 47
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ArticleFootway sees sales drop in Q1, but grows internationally
Several Swedish media outlets have reported on Footway Group’s first-quarter figures, which show that the Swedish e-commerce group’s sales fell 7.9 percent year-on-year to SEK 215.9 million (€19.08m). Operating profit (Ebitda) for the quarter was SEK -24.5 million (-€2.17m), an improvement from SEK -71.2 million a year earlier. According to ...
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ArticleVuori adds four new executives
Founded in 2015 by current CEO Joe Kudla, U.S.-based activewear brand Vuori has hired four executives, three of them to newly created positions. Some of the new hires joined the company last year but were not officially announced until now. Libby Stockstill joined the company in March as general counsel ...
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ArticleSafeSize appoints former IIC executive as chief commercial officer
Source: SafeSize Martin Kempkes with SafeSize scanner Retail tech company SafeSize announced the appointment of Martin Kempkes as chief commercial officer, effective April 3. Kempkes is responsible for leading the company’s business development and sales strategy, as well as ensuring operational excellence, focusing on strengthening the company’s ...
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ArticleAmid racquet glut, courts maintain sales at Drop Shot
Marcelo Cascabelo, of the brand Drop Shot, believes in the continued expansion of pádel but warns of a difficult year. The chief executive revealed to CMDsport that his company’s revenues for 2022 were up by 120 percent year-on-year, amounting to €20 million, but that the figure for first-quarter 2023 is ...
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ArticleNew Sport 2000 brand replaces all previous exclusive labels
With the start of the Spring/Summer 2023 season, Sport 2000’s new Witeblaze brand – announced last summer – was delivered to retail partners for the first time. It combines several product ranges under one roof and has thus replaced all previous exclusive brands of the affiliated group. According to Sport ...
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ArticleShareholder class action filed against Allbirds
Due to a 96 percent drop in its stock price compared to its fourth-quarter 2021 highs, an Allbirds shareholder has filed a lawsuit in the Northern District of California against the environmentally conscious footwear maker, accusing the company of providing false and misleading information in its November 2021 IPO prospectus ...
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ArticleSportmaster prepares for debut on Uzbek market
Russian press reports that sporting goods retailer Sportmaster plans to open its first outlet in Uzbekistan in Tashkent, the country’s capital, citing a source in the Uzbek retail industry. This is the second time Sportmaster wants to emerge in the Uzbek market. In March 2020, the company signed three rental ...
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ArticleWintersteiger Group grows 33% in 2022
Austria’s Wintersteiger Group reported a 33 percent increase and a record result of €223 million in sales for 2022.
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ArticleRopeway and alpine technology industry meets at INTERALPIN
The world’s leading trade show for alpine technologies, all key players and technology leaders of the global ropeway and alpine technology industry will present their product innovations at INTERALPIN 2023 from April 19-21. In addition, the issues of product positioning, marketing and digitalization will be addressed to an even greater ...
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ArticleWhat if the metaverse settled for something simple?
BitNile Metaverse says that its metaverse at BitNile.com has surpassed 500,000 “active users” in the month since it opened its “early-access phase.” Question is, why should we care? After all, a single metaverse like Roblox – which, as our readers might recall, has deals with Nike, Adidas, H&M and FIFA ...
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ArticleTrusTrace partners with Kharon to optimize forced labor risk management
The Uyghur Forced Labor Prevention Act (UFLPA) and similar laws developing globally are driving companies to significantly improve their ability to identify forced labor in the supply chain. TrusTrace, a global SaaS company operating a product traceability and compliance platform, announced a strategic partnership with Kharon, a provider of research ...
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ArticleTowards a money tweet?
The Delaware corporation known as Twitter was merged into a new Nevada corporation known as X Corp. on March 15. This is according to SilverFlume, the business portal for the latter U.S. state. The owner of both, Elon Musk, has since tweeted a message consisting of a single letter: X. ...
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ArticlePuma empowers young people through new sustainability initiative
Puma aims to further develop its sustainability strategy by including young people’s perspectives and recommendations. The project, called Voices of a Re:Generation, begins with a year-long collaboration between Puma and four young environmentalists from Europe and the U.S. who will have the opportunity to actively shape the strategy. As part ...
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ArticleAuthentic entering “next phase” of Boardriders acquisition
After making a binding offer for the group in late March, Authentic Brands Group announced that it has entered the “next phase” of its acquisition of Boardriders, the owner of the Quiksilver, Billabong, Roxy, DC Shoes, RVCA, Element, VonZipper and Honolua brands, with the signing of a definitive agreement. “We ...
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ArticleBusiness as usual for the ski industry, with caveats
According to the latest International Report on Snow & Mountain Tourism, the ski industry has reason to celebrate after two dark seasons.
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ArticleGolden Goose sales exceed €500m in FY2022
In 2022, Golden Goose increased its sales by 30 percent to €501 million, driven by a 55 percent rise in revenues in the Americas to €230.4 million. In Europe, the Middle East and Africa, sales grew 33 percent to €193.1 million, but the top line was down by 4 percent ...
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ArticleArena with best financial result in 50-year history
According to Fashion Network, Italy-headquartered international swimwear brand Arena, owned by Swiss investment company Capvis since 2014 and celebrating its 50th anniversary in 2023, has reported historic financial results for 2022. The company generated record sales of €141 million, up 45 percent from 2021 and up 13 percent from before ...
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ArticleFashion for Good introduces sustainable Dyestuff Library
Fashion for Good (FFG), a platform for sustainable fashion innovation, has unveiled the Dyestuff Library, a digital tool that enables partners to select sustainable dyes for commercial use based on performance and environmental criteria. The library, which will accelerate the shift from harmful chemistry to more sustainable options by providing ...
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ArticleIOC announces $10m fund to prevent harassment and abuse in sport
The president of the International Olympic Committee (IOC), Thomas Bach, has announced a $10 million fund to strengthen safe sport and the creation of a working group to coordinate the Olympic Movement’s safeguarding efforts. The announcement was made by Bach during a conference hosted by the IOC in Lausanne and ...
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ArticleVF reshuffles management of Dickies, Altra, Smartwool and Icebreaker
Denver-based VF Corporation has announced executive changes at four of its emerging brands – Dickies, Altra, Smartwool and Icebreaker – effective immediately. Dalhausser: From Altra to Dickies Todd Dalhausser has been named global brand president of Dickies. He will report to VF’s interim president & CEO Benno Dorer and will ...
