News and insights about brands in the sporting goods industry – Page 258
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News briefs
Nike's Breaking2 event at the Monza Formula One racetrack, on...
Nike's Breaking2 event at the Monza Formula One racetrack, on May 6, saw Eliud Kipchoge finish the challenge in 2 hours and 25 seconds. The Olympic marathon champion missed out by 25 seconds the attempt to become the first human to run the 26.2 miles distance of a marathon in ...
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Der Spiegel reports that Adidas has agreed to pay €1...
Der Spiegel reports that Adidas has agreed to pay €1 billion for a new ten-year partnership with Real Madrid, based on the Football Leaks file. Earlier this year it had been reported that Under Armour was trying to replace the three stripes as the Spanish club's partner. According to the ...
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Joma is the official supplier of the umpires, line judges...
Joma is the official supplier of the umpires, line judges and ball kids at the Barcelona Open tennis tournament, which started on April 21
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The German football league has astonished football specialists by teaming...
The German football league has astonished football specialists by teaming up with Derbystar as the official ball supplier for the Bundesliga and the Bundesliga 2 from the 2018/19 season and for four years, replacing Adidas. Derbystar is an established German brand that has been owned since 1991 by Select, a ...
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News briefs
Sequential Brands has appointed Karen Murray as its new chief...
Sequential Brands has appointed Karen Murray as its new chief executive officer. Most recently, Murray served as president of VF Sportswear, a wholly-owned subsidiary of VF Corp. She replaces Yehuda Shmidman, who is stepping down from his position and as a member of the board of directors. Murray joined VF ...
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Inditex says that its sports apparel line, launched three years...
Inditex says that its sports apparel line, launched three years ago in its Zara stores, has failed to meet expectations, but it’s not clear whether the group is taking it out of the market
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Article
Amer ramps up omni-channel investment
Amer Sports is ramping up investments in its omni-channel strategy to deal with changes that have weakened the U.S. market. The group suffered a decline in underlying operating profit for the first quarter and its earnings were hit by unfavorable hedging rates.Heikki Takala, Amer's chief executive, explained in a conference ...
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News briefs
The Girona football club and Umbro have agreed that the...
The Girona football club and Umbro have agreed that the British brand will outfit the Catalan team for at least two years starting with the 2017/18 season, the club announced last week. This could turn into an opportunity for Umbro to appear in La Liga, since Girona FC is currently ...
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Article
Adidas projects continued expansion in China
The Adidas Group is projecting another year of double-digit sales expansion in Greater China as it invests to build up a network of 12,000 Adidas stores by 2020, the company said during a trip to China by Kasper Rorsted, its chief executive since October.The brand currently has more than 10,000 ...
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Article
Columbia is worried about its U.S. clients
Due to the unstable situation in the U.S. retail market, Columbia Sportswear has slightly downgraded its guidance for the full financial year. It predicts that sales will gain 3 percent and that net profit will range from $192 million to $199 million, compared with sales of $2.38 billion and earnings ...
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Under Armour grows by more than 50% abroad
As expected, Under Armour reported its first loss since going public, although it was lower than what analysts had expected. It amounted to $2,272,000 for the period compared with a net profit of $19,180,000 in the same quarter a year ago. The gross margin fell by 0.7 percentage points to ...
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News briefs
To celebrate Earth Day, which was on April 22, Adidas...
To celebrate Earth Day, which was on April 22, Adidas said it will launch three new models of tennis shoes on May 10 that are made with plastic waste thrown into the ocean. The initiative is part of the brand's new two-year partnership with Parley for the Oceans. Each of ...
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Rose Lavell, the N° 1 draft pick in the National...
Rose Lavell, the N° 1 draft pick in the National Women's Soccer League of the U.S. is the first female football player sponsored by New Balance
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Pearl Izumi has signed up as the exclusive sponsor of...
Pearl Izumi has signed up as the exclusive sponsor of USA Triathlon for cycling shoes and apparel as well as training apparel
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News briefs
Icebreaker has a new European head of wholesale, Udo Heyder....
Icebreaker has a new European head of wholesale, Udo Heyder. He comes from VF Corp. , where he spent nine years as area manager for Germany and Central Europe and then three years as international sales manager for Smartwool. Based at Icebreaker's European office in Munich, Heyderreplaces Ibrahim Can, who ...
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Lotto Sport Italia will sponsor Matías Diaz Sangiorgio, a leading...
Lotto Sport Italia will sponsor Matías Diaz Sangiorgio, a leading paddle tennis player from Argentina
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Dynafit has developed an ulttralight jacket for fast hiking, trail...
Dynafit has developed an ulttralight jacket for fast hiking, trail running, mountain skiing and other intense outdoor activities with Polartec's Thermal Pro fabrics and its Hardface technology
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News briefs
Despite its exit from the golf equipment market, Nike has...
Despite its exit from the golf equipment market, Nike has agreed another long-term endorsement deal with Rory McIlroy covering apparel, footwear and accessories. McIlroy indicated in a tweet announcing the partnership that it had been set for at least ten years and The Telegraph estimated that it was worth about ...
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News briefs
Dainese got a prize for excellence in innovation and leadership...
Dainese got a prize for excellence in innovation and leadership in this year's Le Fonti Awards in Italy. It also earned three Red Dot Design Awards for its Mugello R D-Air race suit, its AGV Pista GP R helmet and its new-generation Pro-Armor protective products.
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News briefs
Ortholite is inviting customers to follow the Ortovox Merino Story...
Ortholite is inviting customers to follow the Ortovox Merino Story on the internet and to win 25 Orovox Merino Cool Shirts. The online video prepared for the contest allows customers to see how the company's merino wool is sourced in Tasmania with high standards of animal welfare and subsequently processed ...
