News Briefs – Page 275
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News briefs
Record sales for Polygiene
In a business update, Polygiene said its sales for the fourth quarter soared by 41.4 percent to a record 26.9 million Swedish kronor (€2.7m-$3.2m) in the fourth quarter of 2020. The company added that Addmaster, its newly acquired British subsidiary, had even stronger growth. Sales to Polygiene excluded, Addmaster’s revenues ...
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News briefs
Sweaty Betty benefits from lockdowns
Sweaty Betty’s revenues grew by around 60 percent between 2019 and 2020. With many consumers spending more time at home due to lockdowns and restrictions, the demand for British company’s joggers rose by 160 percent, while sales of Italian fleeces surged by 223 percent. The women’s fitness apparel brand continued ...
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News briefs
Superdry in the red
Superdry recorded an underlying pre-tax loss of £10.2 million (€11.5m-$13.9m) in the 26 weeks to Oct. 24, compared with a £2.3 million loss for the year-ago period. Revenues dropped by 23.4 percent to £282.7 million (€317.6m-$384.9m), weighed down by the impact of the Covid-19 pandemic, as restrictions and lockdowns led ...
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News briefs
Decathlon, Lululemon and Puma rank high as good places to work
Decathlon, Lululemon and Puma scored high in Glassdoor’s latest annual Employees’ Choice Awards for the best places to work in certain countries. Lululemon has come in seventh place in Canada and eighth place in the U.S. Decathlon came in sixth place in France and Puma in third place in Germany. ...
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News briefs
Allied Sports sets up an international office in London
Allied Sports, the entertainment and lifestyle marketing agency based in New York, has set up a team in London to expand its international operations. The team will be led by a new managing director of international, Jeff Ehrenkranz, who previously served as president of Octagon’s international marketing business. Allied Sports ...
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News briefs
Mizuno partners with Italy’s Fiamme Gialle athletic team
Mizuno will be the official technical partner of Gruppi Sportivi Fiamme Gialle for the athletic section. “Fiamme Gialle” is the name given to athletes from the sports groups of Guardia di Finanza, Italy’s law enforcement agency for financial crime and smuggling. The prestigious military sports group comprises around 300 athletes ...
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News briefs
Wildberries enters the German market
Wildberries, Russia’s biggest online retailer, has just rolled out its online store in Germany (de.wildberries.eu). Germany brings the number of markets in which the company operates up to ten. Wildberries began its expansion in Europe in 2020, starting with an online store in Poland. Most recently, it also entered the ...
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News briefs
EU updates supplier/wholesaler/retailer regulations
The European Commission is sounding out companies involved in the sale and distribution of consumer goods and their trade associations to provide input for the reform of a set of guidelines governing dealings between suppliers, wholesalers and retailers. First issued in 2010 and called the Vertical Block Exemption Regulation – ...
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News briefs
U.S. customs is withholding cotton and tomato products from Xinjiang
The U.S. government is increasing its pressure on Chinese interests and authorities to stop engaging in labor practices that violate basic human rights. The U.S. Customs and Border Protection (CBP) agency has issued a third Withhold Release Order (WRO) for cotton products and tomato products produced in Xinjiang, China. ...
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News briefsSchöffel launches digital brand experience for retailers
Building up on the positive experience gained through its international online sales meeting last May, Schöffel has opened a “Digital Brand Space,” making its entire brand world a virtual experience that will be developing all year ’round. The German sports apparel company’s retail partners can enter the digital, three-dimensional space ...
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News briefsNew president for Canada Goose’s Asia Pacific division
Canada Goose has appointed Scott Cameron as the new president for the company’s Asia-Pacific division. Cameron joined Canada Goose in 2016 as chief strategy and business development officer and most recently served as president for the Greater China region. During this time, Cameron was responsible for developing and growing the ...
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News briefs
VF releases "product traceability maps"
VF Corp. has made single files available for download to trace the supply chain for certain products through the last four of its five tiers. Each file goes from the finished product assembly stage (tier one) back through material production, raw material processing and raw material conversion (tier four), with ...
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News briefs
Adidas to sponsor G2 e-sports
Adidas has established a multi-year sponsorship deal with G2, the entertainment and e-sports brand. It will be supplying sports apparel, manufacturing the G2 jersey for the 2021 e-sports season and developing a joint lifestyle apparel collection. The G2 x Adidas jersey will contain the Aeroready system to keep the fabric ...
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News briefs
Stream Hatchet reports on streaming and e-sports
Stream Hatchet – the data analytics arm for streaming and gaming of the Canadian company Engine Media – has released its industry trend report for 2020. Like home fitness, e-sports appears to have gotten a big boost from the Covid-19 pandemic. According to Stream Hatchet’s CEO, Eduard Montserrat, “video games ...
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News briefs
New technology automatically adjusts iFit workouts to the heart rate
Icon Health and Fitness has announced that iFit, the patented connected fitness platform that powers its NordicTrack, ProForm and Freemotion equipment, is about to release the iFit Active Pulse, a new patent-pending technology that allows a member’s heart rate to automatically tailor the treadmill’s speed and incline. The new technology ...
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News briefs
Nike and Converse file lawsuit against nearly 600 websites
Nike and its Converse subsidiary have filed the biggest lawsuit of the kind, accusing the 186 operators of 589 websites as well as 676 social media accounts for allegedly infringing on various trademarks and attempting to sell “falsely labeled” counterfeit products under their own brand names and that of Nike’s ...
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News briefs
Graffiti artist sues TNF over Futurelight logo
Artnet News reports that the U.S. street artist Futura is suing The North Face (TNF) for allegedly copying the stylized swirled atom design that has for years appeared throughout his artwork in its 2019 Futurelight collection of apparel, subsequently expanded to various accessories. According to Artnet, the artist’s filing, which ...
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News briefs
Asics is studying the effects of sports on the mind
Asics has started a new research project about the “positive impact of sport on mental wellbeing” – in keeping, as its press release notes, with the source of its brand name: the Latin phrase “anima sana in corpore sano” (sound mind in sound body). The Japanese company will be tracking ...
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News briefs
Positive quarter for Anta Sports Products
In an operational update, Anta Sports Products reported on a good performance for its various brands in the fourth quarter of 2020, without discussing the results of Amer Sports, which is indirectly owned by the major Chinese sporting goods group. The Anta brand recorded a low single-digit increase in retail ...
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News briefs
Swedish ski demo is cancelled
The Pro Ski Intro days, which were supposed to be held in Vemdalen from Jan. 25-28, have been cancelled, but suppliers and buyers may have another chance to meet during the Purchasing Days at the end of March in the ski resort of Åre. Organized by the Swedish sports trade ...
