News and insights about brands in the sporting goods industry – Page 194
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Nike beats forecasts
Nike announced higher-than-expected increases in profits and revenues for its first fiscal quarter ended on Aug. 31, despite currency headwinds and the trade tensions between China and the U.S. The company's share price jumped by 5 percent to an all-time high following the release of its results.Sales increased by 7 ...
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News briefs
Columbia Sportswear has purchased three buildings from Electro Scientific Industries...
Columbia Sportswear has purchased three buildings from Electro Scientific Industries (ESI), a firm specialized in laser applications. All lie within a quarter-mile of Columbia's current headquarters in Washington County, Oregon, and will expand it. The additional 200,000 square feet of space are costing about $33 million. The first building should ...
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Craft will launch a “plogging” challenge with selected retailers in...
Craft will launch a “plogging” challenge with selected retailers in Germany throughout October and November to celebrate the release of its new collection of jogging shoes. Plogging, a term which comes from Sweden and translates as collecting trash while jogging, will give consumers gathering at seven retail stores throughout Germany ...
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Elan has signed a new contract with one of its...
Elan has signed a new contract with one of its brand ambassadors, Kelsey Serwa. The Canadian Olympic medalist has just retired from freestyle skiing and will become a “main member” of W Studio, a program begun 15 years ago to develop ski gear for the women's side of the market. ...
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A former professional snowboarder, David Pitschi, has joined the Nidecker...
A former professional snowboarder, David Pitschi, has joined the Nidecker Group as brand manager for its Yes snowboards subsidiary. He will be working with one of the brand's ambassadors, Alex Warburton, and with its owners, David Carrier-Porcheron, Romain de Marchi and Jan Petter Solberg. Warburton will be retaining the post ...
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Directa Plus has developed a new waterproof textile membrane featuring...
Directa Plus has developed a new waterproof textile membrane featuring the company's G+ graphene nanoplatelets, contained in a polyurethane film. The new membrane will be marketed under the names Grafytherm and Grafyshield. The company has already secured an Italian patent, and is in the process of extending it internationally. According ...
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Article
A doping scandal mars Nike’s image
Nike and its chief executive, Mike Parker, have become involved in a highly publicized case of athletic doping. The U.S. Anti-Doping Agency (USADA) has decreed four-year “sanctions” on Alberto Salazar, head coach of the Nike Oregon Project, and Jeffrey Brown, the project's endocrinologist. Salazar has been barred from participating in ...
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Short stops
Marty Pomfry, a former executive of Nike and Fossil, has...
Marty Pomfry, a former executive of Nike and Fossil, has been appointed by Patagonia as general manager of its Japanese subsidiary
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News briefs
Nike is gearing up to open its third House of...
Nike is gearing up to open its third House of Innovation in Paris in the next few weeks, after those it already has in NewYork and Shanghai. Taking the place of a former Toyota concession and extra office space, the new flagship store will be located at 79, avenue des ...
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Next year, Puma will be reintroducing swimwear into its product...
Next year, Puma will be reintroducing swimwear into its product range in both the sports and leisure categories. The new products will include swimsuits, rash guards, bikinis, boardshorts and trunks, all at “an attractive price point.” The shorts will be made with Repreve, a brand of polyester fibers made entirely ...
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News briefs
Nike has upgraded its original 1991 Air Huarache with its...
Nike has upgraded its original 1991 Air Huarache with its latest FitAdapt laceless technology. The self-lacing shoe can be voice-activated by Siri and operated by Apple Watch but features the same neoprene bootie and exoskeleton as the original Huarache. The Adapt app will activate the mid-foot lacing motor, control two ...
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News briefs
K2 Snowboarding has added Pat Moore to its International Pro...
K2 Snowboarding has added Pat Moore to its International Pro Team, otherwise comprised of Jake Kuzyk, Tim Eddy, Curtis Ciszek, Matt Belzile, Leanne Pelosi, Levi Luggen, Yo Amagai, Jody Wachniak and Mark Wilson. K2 Sports, which was founded in 1962, began making snowboards in 1987.
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News briefs
Callaway Golf has unveiled the Mack Daddy 5 Jaws, a...
Callaway Golf has unveiled the Mack Daddy 5 Jaws, a new range of high-performance wedges. The new Jaws groove is designed with a 37-degree wall angle, as compared to the 5-degree wall angle of the MD4 wedge that it replaces. Callaway's Mack Daddy 5 Jaws wedge will be available on ...
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Short stops
The new RC ONE 86 GT alpine ski, which features...
The new RC ONE 86 GT alpine ski, which features a new shape and uses Bafatex sail cloth, has won the Gear of the Year Award from Ski Magazine
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News briefs
Spektrum Sports, the Swedish brand of sports goggles and accessories,...
Spektrum Sports, the Swedish brand of sports goggles and accessories, has signed an endorsement deal with the Swedish snowboarder Sven Thorgren, who turned professional in 2013, won Air & Style in China in that same year, competed in the 2014 Winter Olympics and has been a medalist at the Dew ...
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VF Corp. is once again holding its “Purpose Days” program....
VF Corp. is once again holding its “Purpose Days” program. During the week of Sept. 9, some 500 employees in Europe, the Middle East and Africa (EMEA) have been volunteering their time for various activities to support their communities. Working with non-profit organizations, the American lifestyle company, which owns many ...
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News briefs
Canterbury is launching the “Be Part Of It” campaign, ahead...
Canterbury is launching the “Be Part Of It” campaign, ahead of the Rugby World Cup, which will be held in Japan from Sept. 20 to Nov. 2, 2019. The campaign, designed to represent the coming together of players on the pitch and fans off the pitch, features more than 40 ...
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Arena has signed Mark Spitz as a global ambassador. The...
Arena has signed Mark Spitz as a global ambassador. The American swimming legend first collaborated with the brand 46 years ago, in a pioneering era for sports sponsorships. Spitz, who has just turned 69, won seven gold medals at the 1972 Summer Olympics in Munich, all in world record times.
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Wilson, a subsidiary of Amer Sports, has introduced the Triniti,...
Wilson, a subsidiary of Amer Sports, has introduced the Triniti, a new tennis ball that is said to both last longer and not require packaging in pressurized plastic containers. The core of the ball is made from a plastomer material, which weighs less than the traditional core of a tennis ...
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Cole Haan, the American footwear brand sold by the Nike...
Cole Haan, the American footwear brand sold by the Nike group to Apax Partners in 2013, is readying a public offering on the stock exchange, according to Bloomberg. The news agency reported that the company's revenues rose by 14 percent to €687 million in the financial year ended in June ...