News and insights about brands in the sporting goods industry – Page 225
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News briefs
Under Armour (UA) has signed up Joel Embiid to a...
Under Armour (UA) has signed up Joel Embiid to a five-year shoe deal. The NBA player for the Philadelphia 76ers had been with Adidas since his entrance into the NBA. Embiid, who is 24, is a native of Cameroon and is currently competing in his third NBA season. As part ...
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Article
Under Armour’s transformation plan starts bearing fruit
Under Armour's restructuring measures have helped the group post better results for the third quarter, including a slightly higher gross margin and a significant sales rise in markets outside the U.S.The company has identified further cutbacks and investments, which should raise restructuring and related charges to between $200 million and ...
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News briefs
Nike is venturing into virtual athletics in its sports marketing...
Nike is venturing into virtual athletics in its sports marketing strategy, having just signed Jian “Uzi” Zihao to its first e-sports endorsement deal. The move comes just as Michael Jordan is becoming a shareholder in Axiomatic, which controls the Team Liquid, rated as the third-largest player in professional e-sports. Zihao ...
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News briefs
VF Corp. is making available to consumers the « sourcing maps »...
VF Corp. is making available to consumers the « sourcing maps » for ten of its brands' most iconic products. The sourcing maps, which can be viewed on VF's sustainability website, are meant to ensure transparency about every step in the production of VF's apparel and footwear. The interactive maps show the ...
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News briefs
The board of directors of Columbia Sportswear has elected Sabrina...
The board of directors of Columbia Sportswear has elected Sabrina Simmons to direct its Nominating and Corporate Governance and Compensation Committees. Simmons will also be a candidate for full-term board membership at the company's 2019 annual shareholders meeting. Currently, Simmons sits on the boards of Williams-Sonoma and ELF Cosmetics, chairing ...
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Vibram is bringing out a waterproof, closed version of its...
Vibram is bringing out a waterproof, closed version of its Euroshiki shoe with an Arctic Grip sole, called Oslo
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News briefs
Burton and Carhartt Work in Progress are teaming up on...
Burton and Carhartt Work in Progress are teaming up on a line of products geared for mountain-driven functionality, combining classic Carhartt WIP designs with Burton's technical performance fabrics. The latest Burton x Carhartt WIP collection marks the third collaboration between the two brands, following previous collaborations in 2008 and 2011. ...
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News briefs
Puma and Karl Lagerfeld have teamed up for a capsule...
Puma and Karl Lagerfeld have teamed up for a capsule collection of ready-to-wear that combines sports style with high fashion. The 13-piece collection, which is launching on Oct. 19 worldwide, includes unisex suede sneakers, hoodie, T7 track jacket and pants, jumpsuit, sweat pants and logo tee, plus accessories such as ...
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News briefs
Phil Knight, the co-founder and chairman emeritus of Nike, has...
Phil Knight, the co-founder and chairman emeritus of Nike, has donated 12 million shares of Nike stock worth $990 million to an unnamed charity, according to a financial document that Nike has recently filed with the Securities and Exchange Commission. The regulatory filing notes that Phil Knight and his wife, ...
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Expanding its collaboration with Disney, Speedo will launch a unique...
Expanding its collaboration with Disney, Speedo will launch a unique collection of children's swimsuits and fins featuring Mickey Mouse to celebrate the character's 90th birthday, which is also Speedo's 90th anniversary
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Lacoste has launched a new collection of garments, shoes and...
Lacoste has launched a new collection of garments, shoes and bags featuring the Disney characters Mickey and Minnie Mouse that use embroidery as well as 3D-printing and appliqué techniques
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News briefs
Colmar has worked together with Van Orton Design for the...
Colmar has worked together with Van Orton Design for the development of a limited edition of original ski suits, inspired by the strong colors of the ‘eighties, that are being worn during the current season by the alpine ski and cross-country ski athletes of the French ski team. They made ...
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Article
Robust quarter for Columbia
Columbia Sportswear has upgraded its guidance for the full year, after broad-based increases in sales and profits for the third quarter.The group's turnover moved up by 6 percent to $795.8 million for the three months, up by 7 percent in constant currencies, with equivalent increases for the apparel and footwear ...
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News briefs
VF Corp. has completed the sale of Reef to the...
VF Corp. has completed the sale of Reef to the Rockport Group, which was recently taken over by Charlesbank Capital Partners. The disposal of the action sports brand will reduce VF's annual revenues by about $150 million. According to ShopEatSurf, Roger Spatz will stop running Reef after a short transition, ...
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Nike has extended its one-year-old contract with the Tottenham Hotspur...
Nike has extended its one-year-old contract with the Tottenham Hotspur football team in England for 15 more years, such that it will expire in 2033
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Le Coq Sportif has signed up as the sponsor of...
Le Coq Sportif has signed up as the sponsor of the Spanish Movistar cycling team
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News briefs
VF Corp. denies speculation that tax reasons may have led...
VF Corp. denies speculation that tax reasons may have led it to relocate some customer service functions from Stabio in Switzerland to Nottingham in the U.K. last year. Citing business optimization reasons, VF points out that it also decided last year to move Timberland's apparel design center from London to ...
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News briefs
Puma has signed David Silva, the Spanish football midfielder known...
Puma has signed David Silva, the Spanish football midfielder known as “El Mago” (the magician), as a brand ambassador. Silva, who currently plays for Manchester City, was previously tied to Adidas. As part of the deal, he will wear Puma One boots. He joins other star players of the sport ...
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News briefs
Tyr Sport has unveiled the Venzo, its new technical swimsuit....
Tyr Sport has unveiled the Venzo, its new technical swimsuit. The product was presented at an event in Laguna Beach in early October, in the presence of swimming stars such as Katie Ledecky, five-time Olympic champion, and Ryan Lochte, 12-time Olympic medalist. According to the California-based swim and triathlon apparel ...
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News briefs
Media reports have been suggesting that Adidas is about to...
Media reports have been suggesting that Adidas is about to ink a 10-year clothing deal worth £6.5 million (€7.3m-$8.6m) per year with Naomi Osaka, the tennis player who recently won the US Open in New York. The news was initially reported by The Times of London on Sept. 10, and ...
