News and insights about brands in the sporting goods industry – Page 219
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News briefs
According to the Wall Street Journal, Under Armour has fired...
According to the Wall Street Journal, Under Armour has fired Ryan Kuehl, senior vice president of global sports marketing, and Walker Jones, senior director of sports marketing. Both were part of the inner circle of Kevin Plank, the founder of the company. The company has made no comment, citing its ...
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News briefs
Adidas has taken Rafinha to court in Amsterdam, according to...
Adidas has taken Rafinha to court in Amsterdam, according to The Mirror, demanding that the Barcelona midfielder should pay a penalty of €100,000 for each day that he doesn't wear Adidas shoes in the field and Adidas apparel at all media appearances. The 25-year-old Brazilian football player, whose real name ...
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News briefs
Adidas has announced the completion of the first tranche of...
Adidas has announced the completion of the first tranche of a share buyback program, saying that it will give a total return to shareholders of more than €1.5 billion in 2018. The company bought back 5.1 million shares, corresponding to 2.5 percent of its equity, between March 22 and Dec. ...
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News briefs
Adidas has appointed a new chief information officer, Fumbi Chima,...
Adidas has appointed a new chief information officer, Fumbi Chima, replacing Michael Vögele who has left the company at his own request. Reporting to Harm Ohlmeyer, chief financial officer, she will take responsibility for the IT department from Jan. 1. A native of Nigeria, Fumbi comes from the Fox Network ...
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News briefs
Adidas is partnering with Foot Locker to launch the new...
Adidas is partnering with Foot Locker to launch the new Adidas Asterisk Collective, a platform empowering creative partners to propose initiatives that aim to positively impact communities all over the world. To celebrate the launch, the two companies tapped three musicians – Kid Cudi, Raury and H.E.R. – as well ...
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News briefs
Adidas has entered into a “perpetual, legacy partnership” with Stan...
Adidas has entered into a “perpetual, legacy partnership” with Stan Smith, the two-time Grand Slam tennis champion whose career lasted from 1969 to 1985. Adidas first collaborated with Smith on a famous shoe style in 1973 and is now releasing an updated version, with leather upper, rubber cupsole and white ...
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Short stops
Willy Bogner has extended its licensing agreement for Bogner shoes...
Willy Bogner has extended its licensing agreement for Bogner shoes with Cappelletti, which started in 2010
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News briefs
Supra, the American producer skateboarding shoes owned by K-Swiss, has...
Supra, the American producer skateboarding shoes owned by K-Swiss, has partnered with Skullcandy, the American headphone maker, to co-brand some of their standard products. Supra's Breaker and Factor shoes will share a “blue iridium” color scheme with Skullcandy's Hesh 3 wireless headphones. The shoes are a limited-edition product release, ranging ...
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News briefs
Mizuno has signed its first deal with an American swimmer,...
Mizuno has signed its first deal with an American swimmer, Blake Pieroni, who belongs to the U.S. national team. The deal is a first also for Pieroni himself and for Mizuno USA as a subsidiary of the Japanese brand. Pieroni won a gold medal for the 400-meter freestyle relay at ...
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Article
Amer’s board approves Anta’s takeover plan
Amer Sports has issued a statement that its board of directors is unanimously recommending that its shareholders should accept the tender offer proposed by China's largest sporting goods company, Anta Sports Products, and other investors, after analyzing alternative opportunities.The tender offer for all the shares of the Helsinki-based group is ...
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News briefs
Nike has announced that Heidi O'Neill, president of Nike Direct,...
Nike has announced that Heidi O'Neill, president of Nike Direct, will expand her current role as leader of Nike's physical retail stores and Nike.com to include also all Nike digital products, services and member experiences. The change has immediate effect. She will report to Elliott Hill, president of consumer and ...
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News briefs
La Sportiva is taking the place of another Italian company,...
La Sportiva is taking the place of another Italian company, Montura, as the technical sponsor of the French mountain skiing federation (FFME) for the next three years, starting with the 2018/19 season. It will also give it financial support for its operations. While it specializes in climbing, La Sportiva has ...
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News briefs
Montane, the British maker of mountaineering apparel and gear, has...
Montane, the British maker of mountaineering apparel and gear, has signed a sponsorship deal with the British Ice Climbing Team for the 2018/19 season. The company will begin providing kits as of Jan. 24-26 of next year, for a climb in Switzerland.
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News briefs
Glenmuir, the Scottish golf apparel company, has become a Principal...
Glenmuir, the Scottish golf apparel company, has become a Principal Partner to the PGA. The company has had a 30-year relationship with the PGA. With the new deal, in effect through 2020, the company will supply staff uniforms to PGA coaches at the Open Championship Swingzone and to the Great ...
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News briefs
Nike has appointed Tamika Curry Smith as vice president of...
Nike has appointed Tamika Curry Smith as vice president of diversity and inclusion, according to a report in Black Enterprise. She previously held similar roles at Mercedez-Benz USQA and at Target. The new executive is supposed to be taking the place of Antoine Andrews, who left the group in April.
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News briefs
Peter Ruppe, who recently left as Under Armour's senior vice...
Peter Ruppe, who recently left as Under Armour's senior vice president of footwear, is joining Columbia Sportswear to help double sales of Columbia branded shoes within three years, according to the Oregonian. Mark Nenow will continue to be in charge of Sorel, another brand of the group. Ruppe joined UA ...
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News briefs
Vincent Kompany, the center back and captain for both the...
Vincent Kompany, the center back and captain for both the Manchester City and the Belgian national soccer teams, has signed an endorsement deal with Puma. Kompany has long been a wearer of leather boots on the field. Since Dec. 14, however, he has been playing in the Puma Future (the ...
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News briefs
Italy's Macron has become the new technical sponsor of K.K....
Italy's Macron has become the new technical sponsor of K.K. Split, an important Croatian basketball team, for three years starting with the current season. It is taking the place of a Bosnian firm, XBGT, which took over the role from Jako two years ago. Nike, Playlife, Reebok and And 1 ...
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Short stops
Mammut has become the official partner of the Jackson Hole...
Mammut has become the official partner of the Jackson Hole Mountain Resort in the U.S., outfitting its ski patrol with its Barryvox and other tools
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Article
Dakine finds new brand owners
Marquee Brands, a brand management company whose portfolio includes names such as Bruno Magli, Ben Sherman and Body Glove, has acquired the Dakine brand and the related intellectual property. It has also entered into a long-term license agreement with JR286, a product design company based in California that has acquired ...
