News and insights about brands in the sporting goods industry – Page 186
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Article
Dorel Sports posts 14.2% sales increase
Dorel Sports, a division of Dorel Industries, registered revenues of $250.3 million for the third quarter ended on March 31, representing a 14.2 percent increase from the same quarter a year earlier, driven by strong performances at the Cycling Sports Group (CSG). Cannondale’s new line-up is driving CSG success, the ...
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News briefs
An 18-year-old American tennis star, Amanda Anisimova, has signed one...
An 18-year-old American tennis star, Amanda Anisimova, has signed one of the biggest endorsement deals on record for a teenage sports champion. Although the exact figure is yet to be revealed, the long-term endorsement contract with Nike is believed to be similar to the Swoosh's deal with Maria Sharapova, which ...
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News briefs
From the 2019/20 winter season, all Dynafit tech bindings will...
From the 2019/20 winter season, all Dynafit tech bindings will carry a lifetime warranty covering all material and manufacturing defects. Dynafit will repair faulty bindings free of charge or replace them with bindings of equal or higher quality. Normal wear and tear, improper use and damage from accidents are excluded. ...
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News briefs
With its 2019/20 collection, Stöckli, the Swiss ski manufacturer, is...
With its 2019/20 collection, Stöckli, the Swiss ski manufacturer, is introducing a new corporate design, wordmark and logo. The central element is dynamic lettering with precise lines, developed by hand by the Swiss agency Oeriginal Marke & Kommunikation. The “S” in the new logo symbolizes a downhill skier and is ...
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News briefs
At Ispo Munich in January 2020, Gore will present three...
At Ispo Munich in January 2020, Gore will present three variations of waterproof/breathable fabrics in its Gore-Tex Pro category, initially introduced in 2007. Called “Gore-Tex Pro most rugged technology,” “Gore-Tex Pro stretch technology” and “Gore-Tex Pro most breathable technology,” each will be optimized for a different use, enabling manufacturers to ...
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News briefs
Team 22, the exclusive manufacturer of Under Armour's lacrosse equipment,...
Team 22, the exclusive manufacturer of Under Armour's lacrosse equipment, and the National Lacrosse League (NLL) have extended their partnership for another three years. The NLL is the largest indoor lacrosse league in the world. Team 22 will therefore continue to distribute lacrosse equipment to NLL players. Team 22 became ...
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News briefs
A new 3D printing production technology for carbon frames has...
A new 3D printing production technology for carbon frames has been unveiled by Atala, an Italian bicycle manufacturer in which Accell Group has a 50 percent stake. Set to revolutionize the alloy and carbon frame market, the innovation enables production-ready carbon frames to be printed in a single piece. The ...
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News briefs
Anta Sports Products, which had a 57.95 percent stake in...
Anta Sports Products, which had a 57.95 percent stake in the consortium that bought Amer Sports earlier this year, will no longer have to include and report Amer's figures, which have been dilutive, in its consolidated income statements. Anta is shedding 5 percent of its economic interest in the group ...
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Article
Kjus and new clubs boost Acushnet’s results
After a disappointing second quarter, hampered by lower sales of Titlest golf clubs, Acushnet bounced back in the third quarter thanks to a strong performance from new products and the addition of the Kjus brand of premium functional apparel. The net income of the company, which is controlled by Fila ...
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Short stops
Nike has added Thasunda Brown Duckett, the chief executive of...
Nike has added Thasunda Brown Duckett, the chief executive of Chase consumer banking, a division of JPMorgan Chase & Co., to its board of directors
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News briefs
Volcom will be adding a branded line of eyewear and...
Volcom will be adding a branded line of eyewear and snow goggles to its product range next year. Electric Visual Evolution, which is also based in Southern California, will design, develop, produce and distribute the new line. Both companies were the property of Kering when the luxury group owned Puma. ...
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Article
Adidas moves Speedfactory technology to Asia
By the end of this year, Adidas will be transferring the robotic Speedfactory technology that it has developed in cooperation with Oechsler to two of its Asian footwear suppliers to help increase the flexibility of the design and production process. With production times substantially cut there, Adidas says it will ...
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Article
Adidas partners with the Space Station
Adidas has announced a multi-year partnership with the International Space Station (ISS), the space laboratory managed by the U.S. Center for the Advancement of Science in Space (Casis). The partnership will explore breakthroughs to improve the future design and engineering of sporting products on and off Earth. For to station’s ...
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News briefs
Adidas and Prada are partnering on a collaborative line of...
Adidas and Prada are partnering on a collaborative line of sneakers. The announcement has been made on Instagram with the three accounts – Prada, Adidas and Adidas Originals – posting the same photo at the same time, all using the hashtag #Pradaforadidas, followed by the comment “Coming Soon.” The collection ...
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News briefs
The Royal Spanish Football Federation (RFEF) and Adidas are extending...
The Royal Spanish Football Federation (RFEF) and Adidas are extending their sponsorship deal through 2030. Adidas originally supplied the Spanish national team's jersey from 1981 to 1983. The present deal dates back to 1991. As recently as last June (see SGI Europe Vol. 30 N°19+20), Adidas was threatening to take ...
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Short stops
Adidas has unveiled the Uniforia, the official match ball for...
Adidas has unveiled the Uniforia, the official match ball for Uefa Euro 2020, named in honor of the unity and the euphoria that football can bring, the brand explained
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News briefs
Adidas has introduced the second generation of the FutureCraft Loop,...
Adidas has introduced the second generation of the FutureCraft Loop, its first 100 percent recyclable shoe. Like its predecessor, the second-generation shoe is also a 100 percent recyclable performance running shoe, but is created using a mix of raw materials and recycled components from the first-generation shoe. This means that ...
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Article
China tariffs affect Thule
The additional 15 percent duties imposed by the U.S. in July on a variety of products coming from China have led several U.S. retailers to reduce their inventories and to some extent resulted in higher prices that have impacted consumer spending, said the Thule Group to explain a 2.0 percent ...
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Article
A Spanish tax probe against Nike
Spain’s Tax Agency (Agencia Tributaria) has filed a request against Nike’s subsidiary for the Iberian Peninsula, American Nike, for failure to pay certain corporate and sales taxes. American Nike could owe up to €14.6 million to the Spanish government, most of it for transfer pricing – that is, sales and ...
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Article
New records for Alibaba’s Singles Day
The gross merchandise value (GMV) generated by Alibaba’s 11th Singles Day hit a record of 268.4 billion yuan renmimbi (€34.7bn-$38.3bn), eclipsing last year’s score by 26 percent, thanks in part to a longer pre-sales period, a larger assortment of discounted products, the extension of the festival to new markets outside ...
