News Briefs – Page 417
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News briefs
The Brazilian e-tailer Netshoes has reported a net loss of...
The Brazilian e-tailer Netshoes has reported a net loss of 136.4 million Brazilian reais (€31.9m-$36.5m) for the third quarter of this year, roughly triple the net loss reported a year ago. Sales for the period were down 3 percent to R$ 417.8 million (€97.8m-$111.7m), while the gross margin shrank fourfold ...
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News briefs
While golf club memberships have stabilized in Europe, full-course golfing...
While golf club memberships have stabilized in Europe, full-course golfing has declined by 30 percent over the past decade. According to John Bushell, managing director of Sports Marketing Surveys SMS, the drop does not signal a decline in golfing overall. Instead, it signals a broadening of the ways in which ...
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News briefs
Vista Outdoor reported a 7 percent drop in total sales...
Vista Outdoor reported a 7 percent drop in total sales to $547 million in the second quarter ended on Sept. 30. Excluding the eyewear brands that it has just divested, sales were flat in the Outdoor Products segment, which includes Camelbak, Camp Chef and other brands. The group recorded a ...
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A draft report has surfaced about investigations being carried out...
A draft report has surfaced about investigations being carried out in Brussels into dumping practices and subsidies for e-bikes made in China, according to MLex, a press agency covering regulatory news in the U.S., Europe, Southeast Asia and Australia. The draft reportedly recommends anti-subsidy duties of up to 16.14 percent ...
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News briefs
Adidas has filed suit in South Florida District Court against...
Adidas has filed suit in South Florida District Court against a further 200 websites for the sale of counterfeit Yeezy, Adidas and Reebok shoes. It is seeking the seizure of their domains, the scrubbing of their URLs from search engines and $2 million in statutory damages per defendant.
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News briefs
Stephen Lopes, a shareholder of Fitbit, has filed suit in...
Stephen Lopes, a shareholder of Fitbit, has filed suit in North California District Court against the company, alleging that it made materially false and misleading statements and failed to disclose material adverse facts to investors from Aug. 2, 2016, to Jan. 30, 2017. Lopes alleges in particular that Fitbit overstated ...
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News briefs
Boardriders says that the judicial investigation of Pierre Agnes' mysterious...
Boardriders says that the judicial investigation of Pierre Agnes' mysterious death at sea last Jan. 30 was closed in June, concluding that it was due to an accident. The former chief executive of Quiksilver and Boardriders was given a Lifetime Achievement Award in an emotional ceremony on Oct. 5 before ...
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News briefs
Puma has introduced a limited-edition “Attack Pack” of its One...
Puma has introduced a limited-edition “Attack Pack” of its One and Future 2.1 football boots, made for the most attacking players. The special camouflage versions feature a so-called “Digi-camo” graphic in green/white/black on the outsole, designed to confuse and disrupt opponents on the pitch, the brand explained. The Attack Pack ...
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News briefs
Under Armour will launch in early 2019 a new HOVR...
Under Armour will launch in early 2019 a new HOVR model, which will go under the name of UA HOVR Infinite. The shoe has been designed as an ultra-performance model for distance training. It has features such as a lightweight mesh upper, deep flex groove outsole, and 3D molded sock liner. The shoe ...
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News briefs
Virat Kohli has released his first sneaker, which is a...
Virat Kohli has released his first sneaker, which is a collaboration between his brand one8 and Puma. The unisex sneaker is called the Puma Basket Classic one8, and is a new interpretation of the Puma Basket Classic. The Indian international cricketer worked closely with Puma through the entire creative process. ...
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News briefs
Kjus has launched the first ski jacket featuring an electronic,...
Kjus has launched the first ski jacket featuring an electronic, user-controlled textile membrane, which is said to move sweat away ten times faster than a conventional membrane. The garment is a jacket from the brand's 7Sphere skiwear collection. The jacket integrates a technology called Hydro Bot, developed by Osmotex, which ...
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News briefs
Myant, a start-up company from Toronto, has launched on Kickstarter...
Myant, a start-up company from Toronto, has launched on Kickstarter a crowdfunding campaign to bring to market a product called Skiincore, a new smart, self-heating and wire-free base layer concept comprising separate top and leggings. Skiincore features a conductive yarn that holds 18 watts of heating power from a battery, ...
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News briefs
The Austrian-based Löffler brand of sports clothing has been awarded...
The Austrian-based Löffler brand of sports clothing has been awarded the state prize for innovation for its so-called “hotBOND technology,” which allows the ultrasonic welding of parts into a garment. Reflecting points can now be incorporated in these welded joints in order to provide more safety for athletes. The Austrian ...
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News briefs
Sherpa Adventure Gear is launching a special limited collection of...
Sherpa Adventure Gear is launching a special limited collection of cardigans that use a 50-50 blend of yak wool and merino wool. The blend is said to be finer than cashmere. The sweaters are made one by one on looms by a women's collective in Nepal. Each sweater is numbered, ...
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News briefs
W.L. Gore won three Gear of the Year Awards from...
W.L. Gore won three Gear of the Year Awards from the Runner's World magazine. The three products are its Gore-Tex Invisible Fit Footwear and its Gore R7 Gore-Tex ShakeDry hooded jacket and stretch jacket. Earlier this year, the Gore C7 Gore-Tex ShakeDry stretch jacket had already received a similar award ...
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News briefs
Adidas is said to be close to signing a record-breaking...
Adidas is said to be close to signing a record-breaking €1.1 billion sponsorship contract with the Real Madrid club for the next ten years. The deal would guarantee a minimum of €110 million per year, up strongly from the current fee of €38.7 million and way above the €85 million ...
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News briefs
Nike and the English Premier League have announced a six-year extension...
Nike and the English Premier League have announced a six-year extension to their existing partnership to the end of the 2024/25 season. The partnership, which started back in 2000, includes the official Premier League ball, of which the current ball is the 15th iteration. Under the deal, Nike will also continue ...
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News briefs
Converse has signed an endorsement deal with Kelly Oubre Jr.,...
Converse has signed an endorsement deal with Kelly Oubre Jr., a basketball forward for the Washington Wizards. This is Oubre's second such endorsement. He is to wear Nike sneakers on-court and Converse sneakers and apparel off-court. Nike acquired Converse out of its bankruptcy in 2003, the same year when Converse ...
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News briefs
The Tecnica Group has announced that its Blizzard, Tecnica and...
The Tecnica Group has announced that its Blizzard, Tecnica and Nordica brands will be sponsoring the 2021 FIS Alpine World Ski Championships, hosted by Cortina d'Ampezzo, in Italy's Dolomites. The announcement was made at Milan's Triennale on Nov. 15, on the occasion of the presentation of the 2021 championships. The ...
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News briefs
Reebok has announced a new partnership with Cardi B. Full...
Reebok has announced a new partnership with Cardi B. Full details of the collaboration with the American rapper, including the duration of the partnership, have not been released. Meanwhile, to announce the partnership, Cardi B has been featured on social media and ads wearing Reebok apparel as well as the ...
