More about brands – Page 28
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News briefs
Valencian firm aligns with PPA
Already the official court provider for the World Padel Tour (WPT), Padel Galis has struck a deal to become the first official supplier of courts and grass to the Professional Padel Association (PPA), according to CMDsport. The deal’s terms will give professional players a say in the official court’s design. ...
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News briefs
Saucony turns 125 and celebrates with new release
Saucony is celebrating its 125th anniversary with the release of its “lightest, fastest and energy-efficient shoe.” Endrophin Elite Source: Saucony The Endorphin Elite combines PWRRUN HG foam with an articulated and forked carbon plate, an upper of knitted fabric and mesh, and a “race-ready” midfoot webbing. The ...
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Article
Descente nine-month operating income jumps
Descente’s total sales increased by 12 percent to 86,099 million yen (€619.9m) in the nine-month period ended Dec. 31, 2022, leading to a 67 percent jump in operating profit to ¥7,300 million (€50.4m) versus ¥4,380 million. The net profit rose by 106 percent to ¥10,172 million (€70.2m). Besides its ...
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Moncler pushing "co-creator" element in its latest Genius event
This year will mark a redefinition of the Moncler Genius project, characterized by its evolution “from a world of fashion collaborations to a platform for co-creation across different industries,” the company said. Moncler will introduce this year’s roster of co-creators at The Art of Genius, a live show at the ...
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Article
GoPro aims for $100m in FY23 subscription revenue
If the 20-year-old action camera company reaches the $100 million sales objective from subscriptions this year, it will represent 22 percent year-over-year growth from FY22. CEO Nick Woodman told analysts that GoPro is selling subscriptions “to people who don’t even own” one of its cameras. The company ended 2022 with ...
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News briefs
Yniq appoints new CEO to further sports luxury brand status
Swedish-headquartered Yniq, manufacturer of snow goggles, has appointed Moss Bemis as CEO.
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Article
Canada Goose lowers FY23 outlook
Canada Goose, citing slowing momentum in the North American market and worse than anticipated pandemic-related disruptions in China, has dropped its annual revenue guidance by 2 to 8 percent to a range of C$1.175 to C$1.195 billion (€807m to €820m) from a prior outlook of C$1.2 to C$1.3 billion. The ...
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Columbia eyes 3% to 6% sales growth in FY23, EMEA strong in FY22
After navigating supply-chain issues and product-delivery delays in 2022, Columbia Sportswear is intent on reducing its inventory level to be more in line with demand and generating 3 to 6 percent revenue growth this year in the range of $3.57 to $3.67 billion. The group is also eyeing an annual ...
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News briefs
Nike launches collaborative sneaker with Tiffany & Co.
Nike and Tiffany & Co. are releasing a Nike x Tiffany & Co Air Force 1 1837 sneaker, with a limited-edition sterling silver accessories range. The collaborative sneaker, made of black suede, features a Tiffany Blue-colored swoosh and sterling silver badges over each heel. The accessories include a shoe horn, ...
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Article
A second consecutive record year at Head Spain
Head Spain broke in 2022 the record it set in 2021 for annual sales, which increased by 27 percent from €18.43 to €27 million. As CEO Jochen Schirmer explained to CMDsport, the most recent full year saw equipment purchases rise in tandem with the practice of sports. Moreover, the end ...
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News briefs
Adidas launches a new label
Adidas has launched a new label, Adidas Sportswear, “curated to serve the next generation.” The spring/summer release includes a reimagined tracksuit, a silk-like striped dress, and a shoe made in part with recycled materials. Designed for everyday wear but described as “sporty in essence” the pieces come with added performance ...
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News briefs
EU Commission advocates sustainable purchasing with new campaign
With its new “ReSet The Trend” international campaign, the European Commission aims to engage Europeans in the fight against fast fashion and raise public awareness of the EU Sustainable and Circular Textiles Strategy. Source: European Commission According to the Commission, the amount of clothing produced, worn and ...
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News briefs
Polar expands into algorithm business as ingredient brand
Fitness software and product supplier Polar has launched a new website dedicated to the selling and licensing of its algorithms. The company offers full-service partnerships, from the configuration and implementation of algorithms into devices to marketing support, assisted by a dedicated team at Polar. The new offering is aimed at ...
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News briefs
Adidas x Burning Cart Society explore new paths on the green
Adidas has launched a new capsule golf apparel collection created in collaboration with the Burning Cart Society, a project that promotes better access to the sport of golf and a purist approach to golfing – without carts. The limited-edition collection is part of the Adidas Adicross range and features unisex ...
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News briefs
Puma and June Ambrose celebrate women in co-branded collection
Puma and creative director June Ambrose launched their first co-branded collaboration, “Keeping Score.” The 20-piece collection of apparel, footwear and accessories celebrates Ambrose’s career and impact within hip-hop and fashion, and is meant to encourage women to “keep score” of their wins. Ambrose joined Puma in 2020 as the creative ...
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News briefs
Castore and Feyenoord Rotterdam announce kit and retail deal
Castore is making its debut on the Dutch football market. The British sportswear brand has announced a multi-year kit and retail partnership with Feyenoord Rotterdam, becoming the club’s official kit and retail partner from the 2023/24 season onwards. Feyenoord Rotterdam competes in the Eredivisie, the top tier in Dutch football. ...
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News briefs
Pro pádel league to open 2023 in Qatar
Premier Padel is opening its 2023 season with the Ooredoo Qatar Major, from Feb. 26 to March 5 at the Khalifa International Tennis & Squash complex in Doha. There will be live coverage in Latin America and the Caribbean (on ESPN), in Europe (Sky Sports, Viaplay and Canal+), in the ...
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News briefs
Adidas and Bollywood star team up to challenge Indian stereotypes
Source: Adidas Originals Ranveer Singh Adidas Originals has unveiled a new campaign for the Indian market featuring existing brand ambassador and Bollywood star Ranveer Singh. With this move, Adidas aims to bring back the streetwear mentality to elite fashion and “democratize access to culture and empower the ...
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Article
Int'l Cricket Council tops social media ranking among sports federations
BCW Sports has released its “2022 International Sports Federations Social Media Ranking,” published annually since 2016.
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News briefs
On unveils global running event series
Swiss sports brand On has announced its own global running event series, called “On Track Nights.” The series will span three continents and five cities. On Track Nights will kick off in Los Angeles with the Track Fest in early May, followed by the Night of 10k PBs in Highgate ...