More about brands – Page 154
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News briefs
Puma addresses the water crisis
Puma has teamed up with the BA fashion course at Central Saint Martins (CSM), the London-based design school, to study sustainable technologies in textile manufacturing. The result is a “Day Zero” collection that consists of new takes on the RS-X3, Future Rider and Ralph Sampson Low shoes. Designed by CSM’s ...
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News briefs
Hoka adds apparel
Hoka One One, the fast-growing running footwear label of Deckers Brands, is launching its first apparel line for runners, walkers, fitness enthusiasts and outdoor adventurers. The 27-piece collection for men and women will be available only online at the brand’s websites, including hokaoneone.com and hokaoneone.eu. More in The Outdoor Industry ...
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Article
Mixed results at Foot Locker
Globally, Foot Locker’s sales decreased by 2.2 percent to $2,221 million in the fourth quarter ended on Feb. 1, with a drop of 2.0 percent in local currencies. On a comparable store basis, sales were off by 1.6 percent worldwide, but Foot Locker Europe’s sales were flat and the Runners ...
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Article
With higher sales and visits, Zalando pushes its marketplace
Zalando’s momentum keeps going, and the e-tailer is looking at new ways to grow after posting strong results for the fourth quarter of the year. One of the highlights was a jump in the number of site visits, which progressed by 31.9 percent to 960.7 million.
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News briefs
Nike appoints new president for Iberian subsidiary
American Nike, Nike’s Iberian subsidiary, has named Marco Deotto president. For the past five years, Deotto has been Nike’s senior finance director for southern Europe. He also spent more than a year as finance director for Italy. Before joining Nike, he held various finance-related positions with Heinz Italy and rose ...
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News briefs
New Balance renews The Runaway
New Balance is reinstituting The Runaway, the pub where customers can purchase their pints with running miles logged on Strava, the fitness tracking app. The company has changed the decor since the inaugural year of 2019 and introduced four new “challenges” through the app, hoping to draw runners of all ...
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Article
Sports brands celebrate women
A number of sports brands celebrated International Women’s Day on March 8.
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Article
Clarus buys a case maker, after making further progress
(OIC) Clarus Corporation, the parent company of Black Diamond, Sierra Bullets and SKINourishment, continues to make acqusitions in adjacent sectors. It has announced the takeover of SKB Corporation, a leading U.S. producer of protective cases. The purchase price of around $96 million will consist of $85 million in cash and ...
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Article
Accell’s new focus on Europe bears fruits
Accell Group, the Dutch-based company behind Haibike, Lapierre, Batavus, Raleigh and many other bicycle brands, said that its turnover accelerated across the board in 2019 outside North America, where it is no longer operating directly. Excluding divestitures, the group’s revenues increased by 7.5 percent last year to €1,111 million, with ...
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ArticleJoint management for SportScheck and Karstadt Sports
(updated March 12 2020) Thomas Wanke has been appointed to the newly created position of chief executive of both Karstadt Sports and SportScheck. The former CEO of SportScheck, Markus Rech, is no longer in charge. Furthermore, Stefan Weiss, chief sales officer at Karstadt Sports, will from now on serve as ...
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News briefsGrowing Hoka One One moves into apparel
Hoka One One, the fast-growing running footwear label of Deckers Brands, is launching its first apparel line for runners, walkers, fitness enthusiasts and outdoor adventurers. For the moment, the 27-piece collection for men and women will only be available online at the brand’s American website, hokaoneone.com. Twenty items are also ...
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ArticleAdidas posts strong results, but warns about coronavirus impact
The year 2019 was a pretty good one for the Adidas Group. On March 11, the company reported revenue gains in all the regions, with Europe returning to growth, and strong increases in direct-to-consumer sales, while profit margins improved. However, the share price tumbled by about 10 percent as the ...
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ArticleForced labor in China for some sports brands?
Several Chinese factories under foreign contract appear to be resorting to forced labor from ethnic minorities. The suspicion stems from a report on the plight of China’s Uyghurs and other minorities recently released by the Australian Strategic Policy Institute (ASPI) – a self-described non-partisan think tank founded in 2001 to ...
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News briefsSchöffel offers ski clothes for rent
(OIC) In conjunction with local retail partners, Schöffel started renting out ski clothing in Austria and Switzerland this winter. The German brand of functional outdoor and ski apparel says the offer is intended not only to appeal to skiers who seldom or only occasionally hit the slopes, but also to ...
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News briefs
Skechers is using soles by Goodyear
Skechers has begun to source some of its soles from The Goodyear Rubber & Tire Company. For now, Goodyear Performance Outsoles are available only on three models in the Skechers GoRun line of running shoes, but their application will expand throughout this year – first to other running models and ...
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ArticleChemicals and coronavirus weigh on Wolverine’s results
(OIC) The group’s two biggest footwear brands, Merrell and Sperry, helped Wolverine Worldwide finish the last year on a high in terms of revenues, with both of them scoring growth in the mid-teens for the fourth quarter ended on Dec. 28. The company also benefited from an acceleration in direct-to-consumer ...
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ArticleSolutions in sight for Norway’s sports sector
We reported in our Feb. 10 issue about the problems at XXL ASA and the bankruptcy of Gresvig, the Norwegian licensee of Intersport. Powerful investors are pitching in to save the two largest retail players in the Norwegian sporting goods market. It seems, however, that some suppliers may end up ...
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News briefs
Adidas changes its practices in Spain
Adidas has avoided a fine from the Spain’s National Commission for Markets and Competition (CNMC) in exchange for voluntary changes to its franchising policy. The commission opened an inquiry after a franchisee in Spain accused the company of anti-competitive practices in November 2018. In essence, Adidas had different contracts in ...
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News briefs
Jochen Zeitz is running Harley-Davidson
Jochen Zeitz, the former chief executive of Puma, will temporarily take over the position of CEO and president of Harley-Davidson, the famous American brand of motorcycles. The German executive, who has been of a member of its board of directors since 2007, will hold the position until an official successor ...
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News briefs
Richard Johnson joins Signa for international capital markets
The Signa Group has entrusted Richard A. Johnson (no connection with the current chairman, president and CEO of Foot Locker) with the management of its expansion in international capital markets, with a particular emphasis on the Asia-Pacific region, the Middle East and the non-German speaking European markets. With Johnson, Signa ...
