All Running articles – Page 12
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News briefs
Footwear start-up Hylo raises €2.9 million for low-CO2 vegan shoes
The U.K.-based brand Hylo Athletics, co-founded by ex-football professional Michael Doughty in 2020, has secured €2.9 million in a Series A funding round for its vegan-friendly sneakers that are made with natural rubber, cotton, algae and corn fiber. The company claims the “corn runners” have a 52 percent lower carbon ...
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News briefs
New Balance opens fifth North American factory
New Balance has opened its 80,000-square-foot “Factory of the Future” in Methuen, Mass. for production of its Made 990v5 model. The Methuen plant, which underwent a roughly $20 million renovation, is the company’s fifth factory in North America. All five factories contribute to the production of “New Balance Made” sneakers, ...
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Article
Joe Nimble and Huntsman collaborate on high-performance running shoe
Polyurethane experts from global chemical manufacturer Huntsman have collaborated with German running shoe specialist Joe Nimble and German design and development company Footwear Innovation Lab GmbH on a new, “revolutionary high-performance running shoe.” Developed by Joe Nimble founder Sebastian Baer in cooperation with renowned biomechanics expert Lee Saxby, the Ultreya ...
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News briefs
New Global Category Manager for cross training at inov-8
After an eight-year absence, Chris Melton has returned to British running, hiking and fitness brand inov-8 as the new global category manager for cross training. Starting March 14, he is also responsible for the sales of footwear and apparel in Central and South America. Source: innov-8 Chris Melton ...
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Article
CoDi foresees slower growth in 2022, postpones 5.11 IPO
Compass Diversified (CoDi), citing supply chain and inflationary issues and lower year-over-year demand for products within its Velocity Outdoor business, is forecasting a temporary slowdown in its 2022 growth rate that will likely be lower than its long-term growth rate target. Also, the company, whose portfolio includes Boa Technology and ...
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News briefs
SportsShoes.com wants to become world’s most sustainable running retailer
Part of SportsShoes.com’s “Leave No Footprints” environmental and sustainability strategy was the plan to become carbon neutral, which the U.K. online retailer achieved last April. Now the company aims to become the world’s most sustainable retailer of running gear. To achieve this ambitious goal, it has commissioned British Midlands-based sustainable ...
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News briefs
Asics and Zwift join forces on digital running experiences
Asics and Zwift have announced a partnership on the development of inspiring running experiences to help runners achieve their goals. These experiences will include an in-game run training program, scheduled to be released in June of this year. Runners will train on the Zwift platform with avatars resembling Asics athletes. ...
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Article
Performance running paced Asics’ gains in 2021
Driven by a 31 percent increase in annual sales of performance running shoes, Asics generated revenues of more than 400 billion yen for the first time in four years in 2021. And the Japanese company’s annual operating income topped 20 billion yen for the first time since 2016. Net sales ...
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News briefs
Adidas partners with NYCRUNS Brooklyn Marathon & Half Marathon
Adidas has been announced as the first-ever footwear and apparel partner for NYCRUNS Brooklyn Marathon & Half Marathon. The race will be held in Brooklyn on April 24 and is expected to see the participation of more than 20,000 runners, making it one of the largest running events in the ...
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Article
Sport 2000 launches the Running Experts Europe initiative
Sport 2000 has launched a new initiative, called Running Experts Europe, to federate the operators of specialist running shops all over Europe, starting with representatives from the Netherlands, Belgium, Switzerland and Germany. In these countries, the ANWR Group has bundled the activities of Sport 2000 through a joint company, Sport ...
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Article
Golf and running lift Mizuno
Strong sales of golf and running products, especially in the Americas and EMEA, helped Mizuno to boost its total revenues for the second quarter and the first half ended Sept. 30, despite a drop in its home market of Japan during the latest few months. The company’s revenues went up ...
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Article
On to make running shoes from carbon waste
On, the Swiss brand of running shoes that recently went publicin New York, has announced a shift away from petroleum-based resources with the development of a new foam material called CleanCloud™. It is made from carbon emissions as a raw material. On is the first company in the footwear industry ...
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Short stops
Oct. 12/13 Short Stops: Adidas – Allbirds - Black Crows – GoPro - Havaianas – IMG – Intersport Austria - Lacoste – Maje/Varley – Odlo - On Running – Santini/Le Coq
Management: +++ Odlo has promoted two executives – Thomas Krichel and Angelika Wratschko - as sales managers for the markets of Germany and Austria, and Pia Knapik to the position of key account manager for e-commerce +++ Shaz Kahng, a former Nike executive and CEO of Lucy Acitvewear, ...
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News briefs
On Running gets involved in tennis
On Running, which counts Roger Federer among its investors, has signed on to become an official footwear sponsor for the Laver Cup, a tennis tournament due to be played out in Boston on Sept. 24-26. The Swiss company has designed a limited-edition, comfortable and stylish Roger Advantage Laver Cup shoe ...
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Article
Strong start for On Running on the NYSE
Source: On Running On runs to NYSE. Investors apparently rushed to buy the new Class A shares offered by On Holding and some of its shareholders as they reportedly started trading on the New York Stock Exchange today at around $35 per share, well above a price ...
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Article
Expanded: On Running to be valued at over $5 bn
Providing further details about its planned public offering, On Holding said it plans to raise net proceeds of around $448.6 million by offering a total of 31.1 million shares on the New York Stock Exchange at a unit price of between $18.00 and $20.00. Out of the total package being ...
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News briefs
Craft sponsors the Rock ‘n’ Rolla Running Series
Craft Sportswear has signed up as the official footwear partner of the Rock ‘n’ Roll Running Series, an international series of mid-distance running events owned by the Ironman Group. To launch the partnership, Craft has organized three virtual challenges with three distances in collaboration with the Humana Rock ‘n’ Roll ...
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News briefs
Superfeet introduces new softer insoles for running
Superfeet has unveiled its Adapt Run collection of insoles, an evolution of Superfeet technology as the new product is more soft and flexible, as opposed to the known firm feel of the brand’s insoles. The new cushioned outsoles, designed for runners who want a comfortable stride and insoles that adapt ...
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News briefs
Businessman jailed in the U.K. for running an “industrial scale” counterfeit clothing factory
Inderjit Sangu was sentenced to four years imprisonment by the Birmingham Crown Court on Aug. 23 after pleading guilty for manufacturing and selling fake designer clothes. The 67-year-old businessman ran an “industrial scale” operation in Hockley, a central inner-city district in the city of Birmingham, England, which supplied market stall ...
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News briefs
On Running’s new shoe promises to extend running distance
With its new shoe, On Running is pledging to double the distance that runners can run. The Cloudstratus sneaker has a double outsole, called CloudTec, and a midsole with Helion superfoam. Three-quarters of the mesh upper is made of recycled polyester, and the shoe has a widened forefoot and narrower ...