Athletics – Page 2
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ArticleMojo Vision partners with sports apps
Mojo Vision, a provider of smart contact lenses based in California, has established partnerships with five connected-fitness platforms: Adidas Running, the German sportswear company’s digital-tracking division; Trailforks, a trail-mapping service for cyclists and hikers; Wearable X, provider of smart haptic fitness apparel; Slopes, an iOS, Android and Apple Watch app ...
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ArticleThe WTA suspends all tournaments in China over Peng Shuai’s plight
On Dec. 1, the chairman and CEO of the Women’s Tennis Association (WTA), Steve Simon, announced, “with the full support of the WTA Board of Directors,” the “immediate suspension of all WTA tournaments in China, including Hong Kong.” The WTA has a ten-year deal for nine tournaments in China, among ...
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Primosole takes control of Samurai Sportswear
A British investment company, Primosole Holdings, has acquired a majority stake in Samurai Sportswear, a 25-year-old sports apparel producer based in Norfolk that is relatively well-known in the rugby sector. Its founder, Terry Sands, was a former team manager of England Rugby. Besides five rugby clubs in England and Hong ...
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ArticleInterview with D’Wayne Edwards: Diversity leads to innovation
As part of our survey on diversity and inclusion, the first part of which was published on this website on Dec. 23, we have held an e-mail interview with D’Wayne Edwards, who was the lead designer of Nike’s iconic Air Jordan brand for a decade from 2001, making him one ...
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ArticlePeloton prepares to acquire Precor
Peloton Interactive has entered into an agreement to acquire Precor, the American producer of fitness equipment products, for $420 million. Precor, which last reported a turnover of close to $450 million in 2018, is a unit of Amer Sports, which has been taken over by a consortium that includes Anta ...
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ArticleBrooks runs faster in EMEA, sues U.S. firm
Brooks Running has reported a sales increase of 18 percent in the EMEA region in 2019, led by the U.K., DACH (Germany, Austria and Switzerland) and France. Revenues grew in the U.K. by 39 percent, in DACH by 18 percent, and in France by 20 percent.
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A rule change to deal with Nike’s Vaporfly
In response to controversy over Nike’s Vaporfly running shoe and the bouncy carbon-fiber plate inserted in its sole, World Athletics has instituted new regulations on athletic footwear worn for competition (For background, see SGI Europe – Vol. 31 n°2+3 of Jan. 24).
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Uncertainty over the non-recreational use of Nike’s Vaporfly
Last year, the Kenyan distance runners Eliud Kipchoge and Brigid Kosgei made headlines around the world. Kipchoge became the first human being ever to run a marathon – albeit an unofficial one – in less than two hours, while Kosgei broke the women’s world record for the same distance. Both ...
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Nike athlete breaks marathon record, but…
On Oct. 12, Eliud Kipchoge, the distance runner sponsored by Nike, became the first man to run the marathon distance of 26.2 miles in less than two hours. His exact time was 1:59:40. Kipchoge was taking part in the Ineos 1:59 Challenge, an unofficial marathon in Vienna. The route was ...
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Polartec is in good shape ahead of its sale
While confirming reports that their company is up for sale, officials of Polartec feel confident that it has the right products for the market, following a series of strategic moves taken in the past few years, as shown in part by the awards that it has recently won. The new ...
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A new European director for Puma
Arne Freundt, 39, has been appointed as regional general manager of Puma for Europe and the Eastern Europe, Middle East, India and Africa (EEMEA) region, with immediate effect. He succeeds Martyn Bowen, a veteran of the company who has been with Puma for more than 20 years, holding various management ...
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Adidas’ growth slows down in Europe
The Adidas Group has seen a slowdown in its sales growth in Europe and in Originals in the first quarter of this year, but the company held on to its guidance due to robust expansion in North America and China as well as further margin improvements.The group's sales were up ...
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Zion Armstrong takes the lead at Adidas North America
Zion Armstrong, who has played a pivotal part in the Adidas brand's expansion in North America in the last three years, is to take over as president of Adidas North America at the start of July, after the retirement of Mark King.The Adidas Group said that King decided to step ...
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Asics Europe is upbeat after transformation
Asics has gone through a year of transformation that saw its sales decrease by 5.4 percent in euros in Europe, the Middle East and Africa (EMEA), but the Japanese company reports early signs of improvement in the areas it targeted for investments.The company's European performance apparently improved slightly in the ...
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Asics sales under pressure
Asics has seen its sales dwindle in Europe as well as the Americas and Japan in the nine months until September, leading to a substantial decline in profits for the Japanese running specialist.The company's sales landed at 310,292 million yen (€2,351.3m-$2,736.8m) for the three quarters, which was a decline of 0.7 ...
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Anta reaps the benefits of brand and retail investments
Anta Sports Products is continuing to reap the benefits of its multi-brand and multi-channel strategy, with a sales rise of 19.2 percent to 7,323.2 million yuan renminbi (€930.1m-$1,099.4m) for the first half of this year, fueled by increased demand for running and football products.Due to the expansion of its retail business ...
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Athleisure helps Stella pull off strong results
Stella International saw revenues for the six months to June 30 advance by 5.7 percent to $762.4 million. Volumes also rose, with 27 million pairs of shoes shipped - an increase of 6.3 percent over the year-ago period.The company attributed this performance to increasing demand for “fashion athletic products” and ...
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TNF bets on segmentation and women in Europe
The North Face (TNF) is preparing to more intensely target female consumers in Europe next year, after the integration of the former Lucy brand into the outdoor company's range. Women's products currently make up about 30 percent of TNF's sales in the region across all product categories.VF Corporation, the owner ...
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Asics Europe launches a transformation plan
After a slump in sales for the first half of this year, Asics Europe said it has embarked on a “transformation plan” to support its growth around Europe, the Middle East and Africa (EMEA) by 2020, with the expansion of its regional retail network from 26 to more than 100 ...
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Puma upgrades guidance after sharp quarterly uptick
With a widely-spread and footwear-driven increase in demand, Puma's sales expanded faster than anticipated in the second quarter, which led to an upgrade in its full-year guidance for sales as well as operating income.The company said nine days ahead of the publication of its quarterly results last week that its ...
