Running – Page 5
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ArticleStrava releases Year In Sport Trend Report, social connections most important
Strava has released its Year In Sport: The Trend Report, highlighting global trends among active people across all generations. It reveals that Generation Z’s behaviors and habits differ from other generations, but they also have different motivators, barriers and interests when it comes to staying active. For the report, Strava ...
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News briefsBrooks appoints new VP of Apparel and Accessories
Gabriel Rodriguez has returned to Brooks Running. Having previously worked for the company as Field Marketing Representative from 2007 until 2010, he has now been appointed VP of Apparel and Accessories. In this role, he is responsible for the design, development, product management and merchandising of apparel and accessories for ...
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News briefsSportsShoes.com partners with Parkrun
SportsShoes.com has announced a global partnership with community event network Parkrun. The UK online running shoes, running clothing and outdoor gear retailer is now the exclusive official retail partner of Parkrun in the UK, supporting the global Parkrun community with the sourcing and distribution of Parkrun’s range of merchandise. This ...
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ArticleNike eyes innovation, cost cuts to drive future results
Citing increased macroeconomic headwinds around the globe, particularly in the EMEA and Greater China, Nike is stepping up its strategic approach to innovation and numerous cost-cutting measures to improve its financial results in the coming quarters. That effort will include greater emphasis on product newness and opportunities to slash ...
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ArticlePolar releases “2023: Reflected”, showing physical activity, sports, and sleep trends
Polar Electro announced the release of its “2023: Reflected” report, revealing global activity, sports, and sleep trends. With walking emerging as the second most tracked activity globally, this year’s findings confirm the commitment to moderate-intensity physical activity to stay active and nurture personal wellness. Walking makes up nearly 16 percent ...
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News briefsEyewear start-up Out Of raises over €7m in crowdfunding
Out Of, the Italian-based sports eyewear start-up, has raised a total of €7.6 million from approximately 580 investors through a 30-day crowdfunding campaign on Mamacrowd earlier this autumn. According to Italian media, it was the largest ever crowdfunding campaign in Italy, close to the legal €8 million upper limit. New ...
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News briefsXtep purchases Wolverine’s stake in joint venture
Xtep Intl. is paying Wolverine Worldwide $61 million for its share of a joint venture that the two companies established in 2019 for the distribution of the Saucony and Merrell brands in Greater China, Hong Kong and Macau. Additionally, due to the early success and profitability of the Saucony brand ...
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News briefsSportsShoes.com expands marketing and design teams
UK online retailer SportsShoes.com has announced 10 new appointments to its brand marketing, social media and design teams to support its continued growth and development strategy. Maryse Haynes is joining the company as Marketing Coordinator from sports and mountain apparel brand Inov-8, where she was Head of Marketing. She previously ...
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News briefsOn selects Nedap technology for source-to-consumer RFID project
RTIH reports that Swiss sporting goods brand On has chosen Durch company Nedap to deploy its iD Cloud platform in factories, warehouses, distributors and stores worldwide. This allows On to track and trace every single item from source to consumer. On was already familiar with the technology and benefits of ...
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News briefsStrava appoints former Nike, Google exec as CEO
Source: Strava Michael Martin Strava has announced the appointment of Michael Martin as the company’s new Chief Executive Officer. Martin will also join Strava’s Board of Directors when he takes office on Jan. 2, 2024. The news comes after Michael Horvath, who co-founded Strava 15 years ago ...
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News briefsUnder Armour opens two new stores in Italy with Oberalp
Oberalp Group, the exclusive distributor of Under Armour in Italy, has recently opened two new Under Armour stores in the country. There’s a new Under Armour Brand House at the new Merlata Bloom shopping mall near Milan since Nov. 15, with 140 sqm focusing on training, running and sportstyle. In ...
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News briefsNike’s new Tokyo store focuses on running
Nike has opened a new store in downtown Tokyo dedicated to serving the city’s running community. Nike Ginza features a Running Hub that serves the needs of local runners through a variety of services and programming, including trialing for the latest running silhouettes, Nike Run Club (NRC) Live training sessions, ...
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News briefsAbsolute Run opens in Brussels
On Dec. 7, 2023, the overall eleventh Absolute Run store was opened in Brussels in collaboration between Sport 2000 and its partner Jogging Plus. It is the second Belgian Absolute Run Jogging Plus store after Liège and is located in an attractive downtown location with 230 sqm of retail space ...
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News briefsSalomon collaborates with Noble’s Ionic+ and 37.5 to develop new Knit Flow fabric
Salomon is expanding its running apparel offering through a partnership with Ionic+ Botanical and 37.5 to develop a new fabric technology called Knit Flow. The new fabric uses the anti-odor citric-acid formula, Ionic+ Botanical, and is the first durable plant-based formula to be registered, tested and approved by the US ...
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News briefsNew Balance starts construction of new factory in New England
New Balance has begun construction of its 9,500-sqm factory in Londonderry, New Hampshire. It is the first factory in the state and the sixth footwear manufacturing facility in the US. The investment totals $70 million, will create more than 150 jobs and is expected to be operational by 2025. According ...
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News briefsOn presents apparel collection made from carbon emissions
Source: On Pace Tank The release of the new Pace Collection is a significant moment in Swiss sportswear brand On’s journey to move away from petroleum-based resources after creating a new material called CleanCloud, made using carbon emissions as a raw material. With CleanCloud, On aims to ...
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News briefsWeSports acquires RunningXpert, prepares Keller Sports relaunch with customer-centric concept
WeSports announced the acquisition of a stake in RunningXpert, a Danish running specialist that operates the stores Løbeshop.dk, Löparshop.se and RunningXpert.com. RunningXpert claims to be the leading running specialist in the Nordic region, with a turnover of €35 million in 2022. The company currently serves over 1 million active runners ...
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ArticleAsics lifts FY outlook again as 9-month grows by 73%
Asics Corp. has raised its annual outlook three months after suggesting its financial year sales will likely reach a record high. The Japanese group is now forecasting annual revenues at ¥570.0 billion (€3.53bn), up 3.6 percent from an early August estimate, and FY operating profit of ¥52.0 billion (€321.8m), up ...
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ArticleUnder Armour drops FY sales outlook on continued US woes
Under Armour is now forecasting annual revenues to decline by 2 to 4 percent, down from prior guidance of “flat to up slightly,” but gross margin to improve by 100 to 125 basis points instead of a 25- to 75-basis-point increase. The group’s outlook on FY operating income remains in ...
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ArticleAdidas inventory cuts improve; sees strong demand for Samba, Gazelle
Adidas posted third-quarter figures in line with preliminary estimates released in October and added that its inventory-reduction plan had gone a little better than expected in the latest three-month period, also noting that retailers were “visibly” interested in its autumn/winter 2024 range, especially around its Samba, Gazelle and Spezial ranges. ...
