More about brands – Page 103
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News briefs
Kanye West’s original Yeezys set auction record
The results are in for the sneaker auction by Sotheby’s that we previewed earlier in April. The pair of Nike Air Yeezy 1s fetched a record price of $1.8 million. This is about triple the record price of $615,000 previously offered for a pair of Nike Air Jordan 1s that ...
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News briefs
Macron moves into American football with the Munich Cowboys
Macron is the new technical sponsor of the Munich Cowboys, an American Football club based in Munich, Germany. The club was previously kitted by a local distributor. Established in 1979, the club is a founding member of the German Football League (GFL), previously known as American-Football-Bundesliga. The GFL is the ...
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ArticleSkechers is boosted by international wholesale and digital
Lifted by robust international demand, Skechers’ revenues jumped by 15.0 percent in the first quarter to a record level of $1,428.4 million, as compared to a year ago. Sales outside of the U.S. soared by 20.2 percent to represent 58 percent of the total turnover. In particular, the International Wholesale ...
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Article
Moncler posts double-digit revenue growth in Q1, but Europe is down
Moncler saw its consolidated revenues jump by 18 percent to €365.5 million in the first quarter of 2021, with a jump of 21 percent in local currencies, although many countries were still being affected by coronavirus-related restrictions. The growth was primarily driven by a strong contribution from China, Korea and ...
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News briefs
Puma launches the RE.GEN collection, made from industry waste
Puma is introducing its new RE.GEN collection, a range of footwear, apparel and accessories made from Puma’s own industry waste and other recycled materials. The RE.GEN collection incorporates three kinds of recycled material: leather off-cuts from Puma’s own production, cotton off-cuts from the greater textile industry, and polyester made from ...
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News briefs
Del Cosma designer wins at Global Footwear Awards
Baldovino Mattiazzo, head designer for the Duca del Cosma brand of golf shoes, has been recognized with a Bronze award at the Global Footwear Awards (GFA). The GFAs, founded by Farmani Group, honor footwear designers at all levels, from emerging designers to businesses and corporations, for their achievements in terms ...
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News briefsVF Corp. appoints new CFO
Source: VF Corp. Matt Puckett VF Corp. has promoted Matt Puckett to the position of executive vice president and chief financial officer, reporting to VF’s CEO, Steve Rendle, and serving on the company’s executive leadership team. Puckett joined VF in 2001 as a senior accountant in the ...
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News briefs
Wecount introduces AI-powered home gym that fits in a suitcase
Wecount, a Chinese company focusing on the design and manufacture of smart fitness equipment, is launching an innovative “home gym” that can be conveniently stored under a bed or in an office through a Kickstarter campaign. The system, which looks like an extra-flat carrying case, features a series of resistance ...
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News briefs
Mobile payment for the NBA League Pass in Western Europe and South Africa
If they have a subscription with the right carrier, fans in Belgium, France, Germany, Greece, South Africa, Spain and the U.K. will no longer need to use a credit card to pay for their NBA League Pass. The National Basketball Association has signed a multi-year deal with PM Connect to ...
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Infographics & DataEuropean Sports Sporting Goods Market 2020
The market for sports clothing and footwear fell by 8 percent to €28.3 billion in the five major European countries in 2020, according to revised estimates from NPD Group.
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News briefs
Nike and UKactive extend Active School Hero award across England
After successful pilots in schools in London and Birmingham, UKactive Kids and Nike have announced the England-wide roll out of Active School Hero England, a campaign to recognize primary school staff who inspire physical activity among schoolchildren. The Active School Hero Award is backed by Richard Whitehead, a Team GB ...
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News briefs
Anta Sports’ controlling shareholder plans to sell a 3.3% stake in the company
Anta International Group Holdings has agreed to sell a stake of about 3.26 percent in Anta Sports Products, of which it is the controlling shareholder, according to a stock exchange filing made on April 21. The sale of 88 million shares in the company for HK$11.57 billion (€1.24bn-$1.49bn) will reduce ...
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News briefs
Salomon to release a running shoe for the circular economy
After three years of R&D – largely to find separable materials – Salomon is introducing this spring its first recycled and recyclable shoe, a road-running model designed to balance performance against the demands of the circular economy. The 285-gram Index.01 has the R.Camber rockered design for heel-to-toe transitions, a molded ...
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News briefsUA scales back plans for its new global headquarters
Under Armour plans to have a new headquarters in place by 2025 on the 50-acre waterfront property it acquired in Port Covington, South Baltimore, from Kevin Plank in 2016. Its design takes its cues from the pandemic’s lockdowns, mixing office with home working, and scales back initial plans for nearly ...
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News briefs
Lululemon tests a product resale program
As one of its contributions to the environment, Lululemon will test a resale program for its clothing in California and Texas in May, adding some other markets in June. Called Like New, the program will allow customers to receive e-gift cards in exchange for “gently used” Lululemon garments dropped at ...
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News briefs
Adidas’ new marketing campaign focuses on “possibilities”
In Adidas’ newest marketing campaign, “Seeing Possibilities,” several well-known endorsees of the brand appear at home in a series of 20 documentary films, representing yet another chapter in its wider “Impossible is Nothing” campaign. The theme this time is the “rebellious optimism” of sport as it relates to the brand, ...
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News briefsNike introduces prototype eco-football
Nike has introduced a football made of fully recycled yarn trimmings that would otherwise have ended up in a landfill. The shell is made of recycled airbag scraps from the manufacture of Nike’s Air Max line. The ball remains a prototype, but there appear to be plans to release it ...
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News briefs
UYN to sponsor a champion cyclist’s team
Unleash Your Nature (UYN) has signed an endorsement deal with Israel Start-Up Nation, a cycling team led by Chris Froome, who has won the Tour de France four times. Also on the team are Andre Greipel, Daniel Martin, Sep Vanmarcke, Michael Woods and Alex Dowsett. UYN will be supplying Energyon ...
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News briefs
Adidas is one of the Top 10 companies for corporate reputation
Adidas has ranked 7th in “The 2021 Global RepTrak 100,” a ranking of corporate reputation for companies with global revenues above $2 billion, compiled by The RepTrak Company, a reputation data and insights company based in Boston. Lego Group has taken the top spot, followed by Rolex, in the second ...
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News briefs
S&P upgrades its outlook for Foot Locker
The st onger-than-expected performance of Foot Locker in the past financial year has led Standard & Poor’s to upgrade its outlook for the company from negative to stable, while affirming its BB+ issuer credit rating. Foot Locker’s leverage reached a range in the mid-1x; which was much better than the ...
