More about brands – Page 112
-
News briefs
Adidas opens its first flagship store in Dubai
Studded with 60 different digital touchpoints, the 1,500-square-meter flagship store opened by Adidas in the Dubai Mall is the first one in the city. It offers many unusual services including free shoe cleaning and a “Bring It to Me” app that allows customers to request a product and get it ...
-
News briefs
Champion partners with ABG for the Muhammad Ali brand
Champion Athleticwear, part of HanesBrands, and the Authentic Brands Group (ABG) have announced a multi-year collaboration for the Muhammad Ali brand, whose rights are held by ABG. The partnership is kicking off with the launch of a Champion X Muhammad Ali apparel collection, which evokes the spirit of the famous ...
-
News briefs
Moncler acquires full control of Stone Island
Moncler has purchased the remaining 30 percent stake of Stone Island, an Italian brand of casualwear, from Temasek for around €345 million. The transaction is expected to close by the end of March, following approval by the regulatory authorities and Moncler’s shareholders. The deal was first announced in December of ...
-
Article
Wolverine posts weak results but is hopeful for 2021
The year 2020 was a difficult one for Wolverine Worldwide. Looking on the bright side, the management said it delivered better-than-expected results for the fourth quarter and is poised to drive an accelerated recovery over the next 12 to 16 months. The group posted a double-digit sales decline in the ...
-
News briefs
Kästle invests in cross-country skiing
Kästle is outfitting the personnel at the FIS Nordic World Ski Championships that started in Oberstdorf on Feb. 23. The Austrian ski brand, which has been enjoying a certain revival lately, has decided to invest in the Nordic ski sector, bringing out a new line in 2019 that is being ...
-
News briefs
VF Corp. named as one the World’s Most Ethical Companies
VF Corp. has been listed by Ethisphere among the “2021 World’s Most Ethical Companies.” VF has received this recognition for the fifth consecutive year, and is the only honoree in the apparel industry to be named this year. In 2021, 135 companies have been selected for their commitment to business ...
-
Article
Inov-8’s founder takes the business back
Wayne Edy, who founded Inov-8 in 2003, is preparing to launch a new graphene-based shoe after buying back the 80 percent stake in the British company that he had sold to Descente in 2015, with the exception of the rights to the brand for Northern Asia, including Japan, South Korea ...
-
Infographics & DataEarnings - Q4 2020 and FY 2020 Results Puma
This earnings briefing includes the highlights of the Q4 results and FY 2020 from Puma
-
ArticlePuma confirms recovery path
After a poor first half and a solid third quarter, Puma remained on the right track in the fourth quarter of 2020, with revenues up by 9.1 percent in constant currencies to €1,520 million and a jump in the net income of 38.8 percent to €24.7 million. The management gave ...
-
News briefs
Hervis organizes a five-month run in Austria
Hervis Sport is celebrating its 50th anniversary by donating €100,000 to an Austrian organization that supports talented sportspeople, Österreichische Sporthilfe, in association with a national running event called Team Run. A team of running celebrities and nine teams from nine federal states, each with five members and a coach, are ...
-
News briefs
Adidas joins the Fur Free Retailer program
Adidas has joined the Fur Free Retailer program, an international initiative of the Fur Free Alliance that aims to encourage companies to go fur-free. Adidas currently does not sell products made of animal fur, but the brand has nevertheless pledged to permanently renounce fur in order to underline its commitment ...
-
News briefs
Lacoste releases a “circular” polo
Lacoste is introducing a Classic Fit polo shirt with 30 percent of the fabric coming from the cotton of polo shirts that the company has discarded for manufacturing flaws and that have never been put to market. The remaining 70 percent is virgin cotton. The weave of the Loop, as ...
-
News briefs
Adidas plans to resume dividends
Adidas’ executive board has decided a resumption of the company’s dividend payments, subject to approval by the supervisory board and at the annual general meeting of May 12. The says its decision reflects a positive outlook for the current financial year and follows a series of financing measures: it recently ...
-
News briefs
Puma announces long-term boot deal with Raphaël Varane
Puma has signed up Raphaël Varane on a long-term partnership agreement. The 27-year-old French defender for Real Madrid, who was previously sponsored by Nike, will wear the Puma Ultra football boots. Varane was a member of the French national team that won the 2018 FIFA World Cup in Russia.
-
News briefs
Puma partners with Women Win to empower girls through sports
Puma has signed a long-term agreement with Women Win, an organization that uses sports to empower girls and women around the world. With the projects that will be supported directly by the German sports brand, Women Win will reach 5,000 girls and women, said Puma. In addition, as a core ...
-
News briefs
Dragon launches eyewear for anglers
Dragon Eyewear is introducing a collection of sunglasses designed for anglers. The XP Fishing Collection – itself part of the XP Cross-Performance line – comprises four models and seven lens tints for deep-sea, in-shore, sunrise, or sunset fishing. The frames are made of an injection-molded thermoplastic that floats because it ...
-
News briefs
Foot Locker’s capital spending will grow to $275m in 2021
Foot Locker’s board of directors has authorized capital investments of $275 million for this year, a big jump from the $155 million spent in 2020, when they were reduced to maintain liquidities in spite of the coronavirus pandemic. Foot Locker’ board has also decided to raise its quarterly dividend by ...
-
![GBimage[1]](https://d1f00kj7ad54bu.cloudfront.net/Pictures/100x67/0/2/9/6029_gbimage1_776982_crop.jpg)
News briefsVF Corp. allocates the proceeds from its Green Bond
VF Corp. has released its Green Bond Impact Report, in which it shows that the net proceeds of around €493 million from its inaugural Green Bond have been fully allocated to 13 of VF’s eligible sustainability projects worldwide, including 2 million trees planted, around 16,000 metric tons of CO² emissions ...
-
News briefs
Macron partners with Italy’s unique footgolf federation
Macron is the new technical sponsor of Italy’s Lega Nazionale Footgolf (LNF), the network of footgolf associations in the country, which also claims to be the largest footgolf network in the world. Footgolf is a sport that combines, as the name suggests, football and golf, although it is more closely ...
-
Article
Moncler’s annual sales down 12%, despite a good Q4
Moncler returned to growth in the fourth quarter, growing by 8 percent to €675.3 million, led by Asia and the Americas. On a constant-currency basis, they improved by 7 percent. The company benefited from the strong expansion of the Chinese market, growth in Korea and Japan, plus a robust e-commerce ...
