More about brands – Page 96
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News briefsWolverine Worldwide expects strong second quarter
Ahead of investor meetings to be held during the virtual Baird 2021 Global Consumer, Technology, and Services Conference on June 8, Wolverine Worldwide provided a business update stating that the company expects second-quarter 2021 revenues the comparable figures for the second quarter of 2019. The company noted that its performance ...
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News briefs
Livall’s high-tech bike helmet raises over $300,000 on Indiegogo
Livall has announced that the campaign for the official launch of its EVO21 smart bike helmet on Indiegogo has now raised over $300,000 from more than 2,100 backers. The campaign debuted on Indiegogo on May 13, and Livall plans to start shipping the new helmet globally this month. The EVO21, ...
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News briefs
Eliasch is the new president of the International Ski Federation, and he may quit as Head CEO
Johan Eliasch, the Swedish billionaire and long-time major shareholder and CEO of Head, has been elected as the new president of the International Ski Federation (FIS). He succeeds Gian-Franco Kasper, who has stepped down after 23 years in charge of the governing body. Eliasch, who secured more than half of ...
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Vans introduces the Eco Theory collection
Vans has introduced a new take on some of its best-known silhouettes, made from responsibly sourced materials. The new capsule collection, dubbed the “Eco Theory” line, features new takes on the Authentic, Slip-On and Style 36 models. For the Eco Theory, Vans has used materials like natural rubber, organic cotton, ...
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News briefs
Kathmandu signs new green credit facilities
Kathmandu Holdings, which owns the Kathmandu, Rip Curl and Oboz brands, has already been recognized as a certified B Corp. The company has now refinanced its credit facilities with two others where the borrowing costs are linked to the achievement of certain targets for reduced carbon emissions, transparency and labor ...
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News briefs
361° retires the rest of its debt
361 Degrees has fully redeemed the remaining principal of around $130 million still outstanding from the the Chinese sports brand’s senior noted due on June 3, which were yielding an annual interest of 7.25 percent. The company had repurchased other tranches in the past two years. After this move, Standard ...
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News briefs
New global sales and e-commerce managers at Smartwool
Smartwool has announced two changes to its top management team. Corey Stecker, who was promoted to international general manager of sales and marketing last January, has been named global head of sales. Stecker has been with Smartwool since 2016. In his new role, he will be responsible for global wholesale ...
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News briefs
TNF under fire from U.S. oil industry after rejected clothing order
SGB Media reports that a U.S. oilfield company, Liberty Oilfield Services, is using billboards around Denver, a website and videos on YouTube and Twitter to pillory The North Face (TNF) for hypocrisy. Last December, TNF turned down an order from Innovex, a Texas-based oil and gas company, to buy ...
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Article
Primosole takes control of Samurai Sportswear
A British investment company, Primosole Holdings, has acquired a majority stake in Samurai Sportswear, a 25-year-old sports apparel producer based in Norfolk that is relatively well-known in the rugby sector. Its founder, Terry Sands, was a former team manager of England Rugby. Besides five rugby clubs in England and Hong ...
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News briefs
Puma replaces Mitre as match ball supplier of the English Football League
The English Football League (EFL) has announced Puma as its new official match ball supplier. The agreement with Puma, which will begin at the start of the 2021/22 season, replaces the EFL’s historic partnership with Mitre after 45 years. The new contract will see Puma supply the official match ball ...
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Reebok releases update on its commitments for inclusion
Reebok has unveiled details on the progress it made over the past year in its commitments to fight racism and to promote diversity and inclusion. Progress is listed based on five pillars: Human Rights Award, Product with Purpose, BOKS re-focus, Talent Practices, and Change Management. Over the past year, Reebok’s ...
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News briefs
Nodale becomes president of Lacoste’s parent
Alexandre Nodale, 43, has been promoted to the new position of deputy CEO of Maus Frères, reporting to Thierry Guibert who became CEO of the Swiss family-owned group in January. Nodale has also been made president of MF Brands Group International, the group’s subsidiary that oversees Lacoste, Aigle, Gant, Tecnifibre ...
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News briefs
MacNeill Pride Group appoints new CEO and board
The MacNeill Pride Group (MPG) has announced the appointment of Keith Bornholtz as its new CEO. MPG is a portfolio company of Centre Partners, a middle-market private equity firm. Bornholtz, who has more than 30 years of experience in branded consumer products, joins MPG from Central Garden & Pet, where ...
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Article
Lululemon’s Q1 sales leaped by 88%, showing accelerating trends
Lululemon Athletica’s share price jumped by 12 percent the day after the company announced very strong growth in sales and earnings for its first quarter, ended on May 2, beating analysts’ estimates. As customers returned to its brick-and-mortar stores and the e-commerce business continued to expand, albeit at a lower ...
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News briefs
Dolomite backs the Clean Mont Blanc project
Dolomite, the 124-year-old Italian outdoor apparel and footwear brand owned by the Scott Sports Group, is supporting the Clean Mont Blanc project, led by the Summit Foundation and Aqualti. This cross-border initiative will see a multi-disciplinary team collect water samples for microplastic testing around the Mont Blanc Massif and organize ...
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News briefs
Asics analyzes the effects of physical exercise on the collective mood
For a month starting on Global Running Day, June 2, Asics will be conducting a worldwide study to track the effects of sport on the “collective mood of cities, nations and the world.” The Japanese brand is using an interface called the “Mind Uplifter” – available through the Race Roster ...
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ArticleAdidas releases an update on its commitments to equality and inclusion
Adidas has provided a new update to its “Creating Lasting Change Now” commitments, which revolve around diversity, equity and inclusion within the company and across communities. Among the advances highlighted in the factsheet is the launch of a global “Creating a Culture of Inclusion” training program for employees, in which ...
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News briefs
Under Armour celebrates Pride Month
For several years, Under Armour has been pursuing a policy of standing for equality through its “Unified” program, which helps to create a safe, friendly and empowering workplace for people who identify as LGBTQ. Unified is now one of nine “Teammate Resource Groups,” or TRGs, described as networks of more ...
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News briefs
Derbystar creates new functions
While extending its contract with the German Football League (DSL) to provide the official matchball for the first and second Bundesliga as well as at the Supercup, Derbystar has created new functions to better meet customer needs. It has set up a new e-commerce department headed by Fabian Wenten, in ...
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News briefsHoka appoints marketing executives
Hoka One One has appointed Norma Delaney as vice president of global brand marketing. Hoka has been a client for Delaney’s through her approximately four-year-old firm, Delaney Brand Consulting. She has in fact made a career of brand marketing, starting at Keds and Sperry, when it was a division of ...
