More about brands – Page 168
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Short stops
Adidas has unveiled the Uniforia, the official match ball for...
Adidas has unveiled the Uniforia, the official match ball for Uefa Euro 2020, named in honor of the unity and the euphoria that football can bring, the brand explained
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News briefs
Adidas has introduced the second generation of the FutureCraft Loop,...
Adidas has introduced the second generation of the FutureCraft Loop, its first 100 percent recyclable shoe. Like its predecessor, the second-generation shoe is also a 100 percent recyclable performance running shoe, but is created using a mix of raw materials and recycled components from the first-generation shoe. This means that ...
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ArticleGood sales momentum for Foot Locker
Foot Locker reported a 5.7 percent increase in comparable store sales for the third quarter ended on Nov. 2, indicating an improvement from the previous quarters as the increase for the first nine months of the year was only 3.8 percent. However, the management predicts that the increase on a ...
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Article
Lafuma is selling Eider
Lafuma has received a binding acquisition offer for its Eider brand from K2, the South Korean technical outdoor company.
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Article
Lululemon invests in a smart mirror start-up
Lululemon has joined in a just completed $34 million Series B funding round for a New York-based high-tech fitness start-up, Mirror, which launched a smart full-length LCD mirror in September of last year. The display can be used as an interactive home gym, with live and on-demand fitness classes. Taking ...
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Article
Strong progress for Fila in Europe
Like Puma and Champion, Fila continues to grow faster than much bigger sports brands like Nike, Adidas and Under Armour. The Italian heritage sports brand’s momentum remained particularly strong in Europe during the third quarter of 2019, as Fila Korea’s licensing royalties from the region surged by 59.3 percent to ...
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Article
Kjus and new clubs boost Acushnet’s results
After a disappointing second quarter, hampered by lower sales of Titlest golf clubs, Acushnet bounced back in the third quarter thanks to a strong performance from new products and the addition of the Kjus brand of premium functional apparel. The net income of the company, which is controlled by Fila ...
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Article
Mizuno posts mixed results
Sluggish sales of sporting goods in Japan weighed on Mizuno’s sales for the first half of its fiscal year through September. They fell by 1.7 percent from the year-ago period to 85.5 billion yen (€708.8m-$784.2m), but they recorded increases in constant currencies in North America, the EMEA region and Australia, ...
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Article
Strong gains at Alpargatas
The new owners of Alpargatas moved its head office to less expensive premises in São Paulo with a more collaborative layout during the month of August.
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Article
Under Armour boosts Vulcabras’ results
Vulcabras has reported a sales increase of 11.6 percent to 359.4 million Brazilian reais (€76.4m-$84.2m) for the third quarter of 2019, thanks in part to the higher-prices shoe that the company is selling with the Under Armour brand name in Brazil under its new contract with the American company. The ...
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Article
Dorel Sports posts 14.2% sales increase
Dorel Sports, a division of Dorel Industries, registered revenues of $250.3 million for the third quarter ended on March 31, representing a 14.2 percent increase from the same quarter a year earlier, driven by strong performances at the Cycling Sports Group (CSG). Cannondale’s new line-up is driving CSG success, the ...
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Article
China tariffs affect Thule
The additional 15 percent duties imposed by the U.S. in July on a variety of products coming from China have led several U.S. retailers to reduce their inventories and to some extent resulted in higher prices that have impacted consumer spending, said the Thule Group to explain a 2.0 percent ...
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News briefs
Nordica has launched a new campaign entitled “It's Family Time,”...
Nordica has launched a new campaign entitled “It's Family Time,” which features a series of five short videos celebrating the role of skiing in families. The emotional videos show how skiing brings people and families together, creating lasting memories. Each episode in the series is told from a different point ...
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Short stops
Intersport will be supporting the 29-year-old extreme athlete Anja Blacha...
Intersport will be supporting the 29-year-old extreme athlete Anja Blacha from Bielefeld, Germany, for her 60-day, 1,400-km solo expedition to the South Pole
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Short stops
Orage, the Quebec-based ski clothing brand founded in 1989 by...
Orage, the Quebec-based ski clothing brand founded in 1989 by Evelyn Trempe and Eric d'Anjou, and now privately owned by Mtndewds Distribution, is launching a new logo, new premium technical outerwear and a street fashion collection
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Short stops
Hoka One One has been named the presenting sponsor of...
Hoka One One has been named the presenting sponsor of the Western States 100-Mile Endurance Run, the world's oldest 100-mile trail race
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News briefs
Nike and Ocean Conservancy have launched the Arctic Shipping Corporate...
Nike and Ocean Conservancy have launched the Arctic Shipping Corporate Pledge, inviting businesses to join in the commitment to not ship through the Arctic Ocean. Arctic ice is diminishing due to climate change. This opens new ocean routes that were previously unnavigable, but increasing vessel traffic on the Arctic Ocean ...
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Article
Adidas speeds up
In line with the management's forecast, the Adidas Group accelerated on the sales front in the third quarter, posting a currency-neutral sales increase of 6 percent, compared with year-on-year increases of 4 percent in the first and second quarter, and the progress is expected to continue in the fourth quarter. ...
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Article
Adidas opens a digital flagship in London
Adidas has opened a new flagship store, which it calls Adidas LDN, covering 27,000 square feet on four levels on Oxford Street in London, opposite the main department store of Selfridges. The site offers a unique, immersive customer experience. According to the company, it is the most digital Adidas store ...
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Article
New top executives for three major sports companies
Almost simultaneously, Nike, Adidas and Under Armour announced changes in their top management shortly after we published our last issue, underlining the rapid transformation that the highly concentrated athletic footwear market is undergoing.
