All Article articles – Page 19
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ArticleReport says sports brands leave Cambodian laborers languishing in poverty
Source: ActionAid Cambodia Workers Report The Covid-19 pandemic had a catastrophic impact on the workers employed in garment factories across Cambodia. In early 2020, workers already earned below the living wage and relied on overtime pay to cover their basic needs. By the end of the year, ...
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ArticleFIS joins Sports for Nature Framework
The International Ski and Snowboard Federation (FIS) is the latest sports organization to join the Sports for Nature Framework. The Framework was launched late last year at the UN Biodiversity Conference in Montréal and now counts 40 sports organizations among its signatories. These are organizations of all sizes from around ...
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ArticleIntersport Austria with record sales in crisis year
Intersport Austria saw a record turnover of €645 million in the fiscal year 22/23. Its success rests on two strategic pillars. We have the details.
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ArticleHead climbs to number one in tennis racquet sales in Europe
According to data from the Tennis Industry Association and Sports Marketing Surveys, tennis racquet sales for all brands in key European markets increased 14.9 percent compared to the first six months of 2022. The Austrian company Head gained market share in most of those markets – Austria, Germany, France, Italy, ...
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ArticleNew alliance, and new level of business, in pickleball
Major League Pickleball by Margaritaville (MLP) and Carvana Pro Pickleball Association Tour (PPA Tour) have merged “under a unified and definitive professional pickleball holding company.” The deal will preserve the two brands – the PPA Tour being a “traditional, bracket-style tour” and the MLP being a “team-based, coed league.” Combined, ...
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ArticleSIA releases new Participation Study
Snowsports Industries America (SIA), the US trade association for the winter sports industry, has released its Participation Report for the 2022-23 winter season. The report offers insights into the state of winter sports participation in the U.S. and provides industry stakeholders with key data and trends for all winter sports ...
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ArticleLululemon to host World Mental Health Day activities around the globe
Canadian company Lululemon is launching a series of interactive wellness events in communities around the world in honor of World Mental Health Day on Oct. 10, 2023. The day aims to raise awareness and create positive change around the world through mental health education. Planned events range from collaborative sweat ...
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ArticleMajor Russian marketplace unveils ambitious plans for sporting goods retail development
Major Russian marketplace Lamoda plans to invest 30 billion rubles (€300m) over the next three years to open 300 brick-and-mortar stores in the country, partly taking over a former Adidas branch. The first 50 stores are expected to be operational by the end of 2023, a source close to the ...
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ArticleSafilo and Amazon launch new smart glasses with Alexa for the US market
Amazon has announced upgrading its smart eyewear collection with the launch of seven new styles, including five Echo Frames models, its proprietary brand, and two designs by Carrera, a house brand of Safilo Group. It is the first time the Italian eyewear company has partnered with Amazon. All Amazon smart ...
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ArticleLululemon releases latest Impact Report
In its third annual Impact Report, released Sept. 12, Lululemon provided a detailed account of progress and lessons learned from its multi-year strategies and commitments to advance the well-being of people and the planet. At the heart of the Power of Three ×2 growth plan is Lululemon’s Impact Agenda, which ...
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ArticleJD Sports on track for FY profit rise as premium sneaker demand holds up
JD Sports Fashion said it was on track for a 5 percent rise in annual profit as demand for premium leisurewear such as Nike Air Force One and Adidas Samba sneakers pushed half-year sales higher despite the cost of living crisis. The retailer said revenue grew 7 percent to £4.7 ...
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ArticleRussian sporting brand Putin Team Russia unveils expansion plans
Putin Team Russia, a major Russian sporting goods company, is negotiating to open its first stores in foreign markets, Dmitry Shiskin, the company’s owner, disclosed. The company plans to start with flagship stores in China, India, the United Arab Emirates and the countries of the CIS region. The brand is ...
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ArticleCoats and Lenzing join forces for Circle’s synthetic-free running shoe
Source: Circle Sportswear Circle Sportswear SuperNatural Runner Coats Footwear, a UK-based yarn and structural component manufacturing company, announced its collaboration with Lenzing Group, an Austrian manufacturer of specialty cellulose-based fibers for the textile industry. By combining Coats Footwear’s ProWeave™ technology with Lenzing’s Tencel™ lyocell filament, the two ...
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ArticleReebok unveils new premium sportstyle line in partnership with Farfetch's NGG
Reebok has unveiled Reebok LTD, a new premium line led by New Guards Group (NGG), with the goal of further elevating the Reebok brand through new products and collaborations. Reebok defines LTD as “a playground for creative evolution” under the motto “LEARN. TEST. DESIGN.” (LTD); a platform to unleash personal ...
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ArticleKMD Brands’ FY results dimmed by softer consumer sentiment in Q4
Strong sales growth from all three of KMD Brands’ brands – Rip Curl, Kathmandu, and Oboz – was offset by weaker results in the year’s final period, which ended July 31. Annual Ebitda rose 11.2 percent to 200.1 New Zealand dollars (€117.1m), but net profit was essentially flat at NZ$36.6 ...
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ArticleAsian sneaker marketplace Novelship secures $9.5 million in Series B funding
Novelship, a Singapore-based marketplace founded in 2018, has received US$9.5 million in its Series B funding round led by East Ventures, iGlobe Partners and GSR Ventures. The company said the new funding will accelerate its efforts to strengthen its brand presence across Southeast Asia. This includes improving logistics capabilities, refining ...
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ArticleMilan to become “the first wellness city”
Technogym’s founder and president, Nerio Alessandri, is planning to make Milan the “first wellness city,” as he has said in an interview with Corriere della Sera. In 2003, Alessandri founded the Wellness Foundation, based in Italy’s Romagna, where Technogym is also headquartered. The Wellness Foundation promotes scientific research, health education ...
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ArticleAnnie Leibovitz shoots for Canada Goose, focus on female empowerment
Canada Goose has taken to the rugged landscapes of New Mexico with Annie Leibovitz to stage its latest brand campaign, taking its community on a journey of female empowerment and individuality. The new Live in the Open campaign for FW23 celebrates three trailblazing women from the vastly different worlds of ...
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ArticleAdidas Originals launches new global brand platform
Celebrating the brand’s history across sports, music and fashion, Adidas Originals this year honors those who have consistently brought the iconic mark – the Trefoil – to the forefront of culture with a new global brand platform. The focus is on three films shot by three creative pioneers and a ...
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ArticlePrimaLoft launches new durable synthetic insulation
PrimaLoft, Inc. has introduced its latest innovation, PrimaLoft Utility. PrimaLoft Utility represents a new design approach and sets “new benchmarks in durability within the realm of synthetic insulation while also providing unparalleled ease of use and care.” According to PrimaLoft, Utility was designed to redefine the standards for durability and ...
