More about brands – Page 99
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News briefs
Reef partners with Life is Good on footwear range
Reef has partnered with Life is Good on a range of sandals and thongs for both men and women that is meant to celebrate fun, freedom and the spirit of the beach. The collection features Life is Good’s inspirational designs. Life is Good defines itself as “a positive lifestyle apparel ...
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News briefs
Castore secures kit deal with the Wolverhampton Wanderers
Starting from the 2021/22 season, Castore will replace Adidas as the kit partner of the Wolverhampton Wanderers, commonly known as the Wolves. For the young British sportswear brand, this is the first contract with a member of the English Premier League. The financial details of the new multi-year agreement have ...
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News briefs
BH Fitness is expanding its football business
According to a report in CMDsport, BH Fitness hopes over the coming months to raise the number of its contracts with Spanish football clubs from five to nine. At present, the brand fits out the clubs of Atlético de Madrid, Athletic Club, Leganés, Eibar and Alavés-Baskonia. It has deals in ...
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News briefs
Garmin launches its smallest watch-style dive computer for multiple uses
Garmin International has introduced the Descent Mk2S, a follow-up to the Descent Mk2 especially suitable for women and men with smaller wrists. Described by the brand as Garmin’s smallest watch-style dive computer, it features a 3cm sunlight readable sapphire display, a 43mm case and interchangeable QuickFit bands in silicone, leather, ...
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News briefsSpinnova and KT Trading develop a fiber made from leather waste
Spinnova, a Finnish manufacturer of textile fibers derived from wood or waste, and KT Trading, a Swiss firm specialized in the sourcing and trading of materials for the leather industry, have managed to generate a fiber from leather waste without using harmful chemicals. The two companies have created a joint ...
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News briefsUBC licenses Head sneakers
An Italian firm, United Brands Company (UBC), has signed a license agreement with Head to develop and produce lines of sneakers for men, women and children under the Head brand name. The first collection is scheduled for the spring/summer 2022 season. Under the multi-year agreement, UBC will also be in ...
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News briefs
The North Face and Supreme launch new collaborative outerwear line
The North Face (TNF) and Supreme have teamed up once again on a line of clothing, this time designed for extreme cold weather and high alpine conditions. The line is centered around TNF’s Summit Series. The range, made exclusively for Supreme, which belongs to the same group since Dec. 28, ...
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Article
VF is positive about 2022 as growth accelerates
VF Corp ended its fiscal year on a high note, prolonging a recovery that started in the second quarter. For the fourth quarter ended March 31, the company confirmed that its momentum is accelerating, delivering revenues that increased by 23 percent to $2,582 million, or by 19 percent in constant ...
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News briefs
Moody’s upgrades Under Armour’s outlook and liquidity rating
Following as similar recent move by Standard & Poor’s, Moody’s has revised its outlook for Under Armour to positive from negative because of its improved operating performance, especially in North America, and better credit metrics and liquidity. The agency has upgraded its speculative grade liquidity rating for UA to SGL-1 ...
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News briefs
Eleiko wins Red Dot Award for barbell collars
Eleiko’s Open Collars has won a Red Dot Award for product design. Most barbell collars are circular, and must therefore be slid on from the bar’s end. Eleiko’s are shaped like the letter C, and clip on directly next to the plate. A lever locks each collar into place with ...
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News briefs
Rapid growth for Aybl, a British gymwear start-up
Fashion Network reports that Aybl, a DTC brand of women’s gymwear based in Redditch, U.K., has seen remarkable growth in sales. So far over its three-year history the brand has raked in revenues of £10.3 million (€12.0m-$14.6m) through its international web store. It hopes to reach £50 million (€58m-$71m) by ...
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ArticleDeckers projects sales of over $1 bn for Hoka
Deckers Brands’ sales growth gained momentum in the fiscal fourth quarter, led by the continued global expansion of Hoka One One and a strong showing at its core Ugg brand. In the three months ended March 31, the group’s revenues increased by 49.7 percent to $561.2 million and were up ...
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News briefs
Kanghyuk and Hyosung team up for sustainable skiwear
A Korean fashion label, Kanghyuk, has utilized Hyosung’s waste materials to develop a special collection of sustainable skiwear with a futuristic look. The repurposed materials come from unused airbags, enough to make around 700 jackets. The collaborative skiwear collection, designed for all genders, comprises outerwear and ski pants, warm inner ...
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Article
Le Coq Sportif is being refinanced
The board of directors of Airesis has authorized the conclusion of convertible loans worth 2.5 million Swiss francs (€2.3m-$2.8m) to sustain the momentum of its major subsidiary, Le Coq Sportif, whose sales went up by 35 percent in the first quarter of 2021, followed by a 82 percent increase in ...
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Case StudyNew Era Cap’s success story in Europe
While it is still lower than in its domestic U.S. market, the European turnover of New Era Cap has more than tripled since Paul Gils began to run the company’s business in EMEA and India in 2012, thanks to a variety of initiatives and the sheer fact that its baseball-inspired ...
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News briefs
Peloton pushes software lock to Tread+
Peloton Interactive has followed through on its agreement with the CPSC to improve the safety of its treadmills by requiring users to unock the devices with a four-digit PIN, dubbed “Tread Lock,” after 45 seconds of inactivity. The feature is part of an automatic software upgrade that is being pushed ...
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News briefs
Shareholder suit against UA may proceed
Following Under Armour’s acceptance of a $9 million settlement with the Securities and Exchange Commission (SEC) earlier this month, Baltimore federal court judge Richard Bennett has ruled that a long-running consolidated shareholder suit against the company can go forward. The suit, which names the company and its former CEO Kevin ...
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News briefs
New Balance signs up Raheem Sterling
New Balance has announced a new multi-year sponsorship deal, on and off the pitch, with Raheem Sterling who will become a new global face of the brand. The 26-year-old football star, who plays for Manchester City and the England national team, will wear special New Balance Furon V6+ boots on ...
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News briefs
New Balance partners with Returnity on waste-free sampling solution
New Balance is providing schools and clubs across the U.S. with team uniforms, which require a robust sample shipment process. Returnity, a specialist in reusable packaging integration for brands and retailers, has developed reusable shipping packaging for the Team Sports initiative at New Balance, with the objective of creating an ...
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Article
Mizuno accelerates on sustainability and healthy lifestyles
Back in 1991, when global environmental issues were just starting to attract attention, Mizuno launched its own global environmental conservation initiative, the Crew21 Project. The company is now committing to strengthening and expanding its existing program. To that end, from 2021 Mizuno will focus on three key areas of sustainability: ...
