More about brands – Page 122
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News briefs
Nike launches Yoon Ahn’s NBA female collection
Nike is introducing a new women’s capsule collection in partnership with the NBA that was designed by Yoon Ahn, the founder of Ambush and Dior’s Homme jewelry design director. Ahn is the first woman to design a line for Nike and the NBA. The new capsule collection comprises track pants, ...
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Article
Signa Sports United thrives amid the pandemic
Sport and exercise have never been more popular in Germany than they are at present, in the midst of the Covid-19 pandemic, says Signa Sports United (SSU), which claims to be Europe’s biggest e-tailer for sporting goods through its numerous websites. Gear for home and outdoor use has been selling ...
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News briefs
S&P downgrades VF on Supreme’s acquisition
Standard & Poor’s has downgraded VF Corp., citing the high debt/Ebitda leverage of more than three times that will result from its planned $2.1 billion acquisition of Supreme. S&P thinks that a leverage of more than two times will persist at least until the fiscal year ending in March 2023, ...
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News briefs
Nike launches a new sub-label with Drake
Nike and Drake are launching a collaborative label, called Nocta. The name is a nod to the nocturnal creative process of the 34-year-old Canadian rapper, explained the brand. The collection will comprise a branded puffer jacket in yellow and black colorways, matching sweatpants, as well as logo socks and hoodies. ...
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News briefs
Drones as waiters at Michael Jordan’s ultra-exclusive golf club
Michael Jordan’s luxury golf club in Hobe Sound, Florida, the Grove XXIII, which has just under 100 invite-only members, caught some social media attention earlier this month when a video surfaced showing drones that were serving drinks and food to players on the course. The Grove XXIII, inaugurated in autumn ...
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News briefs
New dual sponsorship for a German football club
Puma and 11teamsports, the German online retailer, will together sponsor the FC St. Pauli football team, supplying the footwear and the apparel, respectively. Taking the place of Under Armour, they will dress up the team for at least two years, starting with the 2021/22 season. UA has been sponsoring the ...
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News briefs
Therabody has been chosen by Real Madrid as an official sponsor
Therabody has announced that the Real Madrid football club has chosen the American percussive massage brand as its official tech wellness partner. The relationship will see the Theragun Pro Wave Roller, Theragun Mini and newly acquired Recovery Pump integrated into the club’s training sessions. The new partnership aims to improve ...
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News briefs
Jordan Wings lands in France
The Jordan brand, which is part of Nike, has announced the launch of its Jordan Wings programs in France through multi-year collaborations in Paris with three local educational partners: Prométhée Education, Le Bal and Casa93. Wings, which Nikes describes as the cornerstone of the Jordan brand’s community impact platforms, focuses ...
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News briefs
Moncler opens its largest store, but another one is sacked
A band of a dozen individuals entered a Moncler boutique on boulevard Saint-Germain, in the elegant and trendy 6th district of Paris, in the afternoon of Friday, Dec. 11 and stole as many jackets of the brand as they could in a matter of seconds. The hooded individuals required the ...
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ArticleWintersteiger’s new drying tech dispenses with chemicals
Wintersteiger, the Austrian manufacturer of special machinery, claims to have done away with chemicals in sterilization. Sterex, as its new system is called, uses cold plasma to eliminate up to 99.9 percent of the microorganisms found in skis and other products, among them the multi-resistant bacteria known as hospital germs ...
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News briefs
Erreà will dress up the weaker Uefa teams
Erreà Sport has been chosen as an official supplier of the Uefa Kit Assistance Scheme for Europe’s national associations. The partnership will run from 2022 to 2026. Uefa’s Kit Assistance Scheme, which has been in operation since 2007, is part of the European football federation’s support of national teams. Its ...
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News briefs
Adidas confirms options for Reebok
Confirming previous media reports, the Adidas Group says that it has started considering various options for its Reebok brand, including a possible sale. “As part of the development of its new five-year strategy, adidas has begun to assess strategic alternatives for Reebok. These strategic alternatives include both a potential sale ...
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Article
Lululemon’s profits return to double-digit growth
The yoga apparel specialist saw its net income progress by 14 percent in the third quarter to $143.6 million, rebounding from a 31 percent dip suffered in the second one, in spite of extra expenditures of $8.5 million related to the $500 million acquisition of Mirror. The gross margin rose ...
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News briefs
VF signs the UN Global Compact, commits to women’s empowerment
VF Corp. is a new signatory of the United Nations Global Compact (UNGC). The company has also endorsed the UN’s Women’s Empowerment Principles. The UNGC’s ten principles boil down to the upholding of “internationally proclaimed human rights,” freedom of association and collective bargaining for labor, the rejection of forced, compulsory ...
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ArticleDecathlon will gross €30m in its first year in Ireland
For several reasons, Decathlon’s entry into the Republic of Ireland, which added a 59th country to the French sports retailer’s worldwide roster, has been a huge success. The project’s 41-year-old leader, Bastien Grandgeorge, is expecting a profit on sales of around €30 million in the first year of operation of ...
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News briefs
Puma releases Neymar boots and clothing
Puma has unveiled the Future Z 1.1, a special teaser edition of its Future Z range that has been designed exclusively for PSG star Neymar Jr., the player of the Paris Saint Germain team who is now sponsored by the brand The football boot features an adaptive Fusionfit+ midfoot compression ...
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News briefs
Nike inks multiyear deal with UCLA
Nike and UCLA Athletics have announced a new partnership deal that will make the Jordan brand and Nike the Bruins’ official athletic footwear, apparel and equipment provider beginning on July 1, 2021. The financial details of the agreement were not disclosed, although reports in the Baltimore Business Journal suggest that ...
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News briefs
Puma invests in a men’s brand, Ron Dorff
Earlier this year, Vogue magazine named Ron Dorff one of the world’s top three brands of men’s swimwear brands and Gentlemen’s Quarterly (GQ) named it one of the top ten brands of men’s underwear. Puma has now invested €4 million in this French brand of men’s sportswear and bodywear through ...
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News briefs
Fanatics acquires WinCraft
As Sports Business Daily reports, Fanatics has acquired WinCraft, in a move that will diversify the company’s reach beyond its core licensed apparel business. Established in 1961, WinCraft is a producer of sports-themed hardgoods and other non-apparel items. The company generates about $100 million in annual revenues, according to Fanatics, ...
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News briefs
Foot Locker adopts a “poison pill”
Foot Locker announced that its board of directors has adopted a “short-term shareholder rights plan” designed to reduce the likelihood that anybody will gain control of the company without appropriately compensating its shareholders. It will distribute one right to each outstanding share as a dividend if any person acquires 20 ...
