News and insights about brands in the sporting goods industry – Page 270
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News briefs
Nike says it has extended its sponsorship contract with Cristiano...
Nike says it has extended its sponsorship contract with Cristiano Ronaldo, the 31-year-old Real Madrid striker from the Portuguese island of Madeira. It didn't specify its planned duration, but according to TMZ, it could be a lifetime deal like the one with LeBron James, worth more than one billion dollars. ...
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News briefs
VF Corp. has reported that it managed to reduce its...
VF Corp. has reported that it managed to reduce its carbon emissions by 12 percent between 2011 and 2015, well beyond the 5 percent target the company had set itself. More than half of the total reduction was made possible by the increased use of clean energy, renewable energy credits, ...
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News briefs
Kalas Sportswear will outfit the U.K. cycling team. The partnership...
Kalas Sportswear will outfit the U.K. cycling team. The partnership between the Czech cycling apparel specialist, which takes over from Adidas, and Great Britain's cycling team will be effective until the end of 2020 including the Tokyo Olympic Games. The U.K. cycling team won 12 medals at the Olympic Games ...
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Short stops
The Dainese Group has unveiled a new generation of head-to-toe...
The Dainese Group has unveiled a new generation of head-to-toe protection systems for motorcycle racing
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News briefs
Intersport has granted free one-day ski passes to its most...
Intersport has granted free one-day ski passes to its most loyal clients. The first 6,000 Intersport customer club members who spent more than €200 in a single transaction between Nov. 9 and 19 were able to select their favorite spot out of six skiing destinations in Austria that were presented ...
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News briefs
Helly Hansen is an official supplier of Vendée Globe, the...
Helly Hansen is an official supplier of Vendée Globe, the round-the-world solo yacht race that started in France on Nov. 6. It is providing the outerwear, tested by professionals, for 130 skippers and more than 200 organizers. Four Helly Hansen ambassadors will also personally participate in the race. They are: ...
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News briefs
Ping has signed up Tyrrell Hatton to a multi-year partnership...
Ping has signed up Tyrrell Hatton to a multi-year partnership agreement. The 25-year-old British professional golfer won for the first time on the European Tour in October, when he secured the Alfred Dunhill Links Championships title at St Andrews. That victory propelled him from the 53rd position into the top ...
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Short stops
Rosy Hodge, sportscaster of the World Surf League, has officially...
Rosy Hodge, sportscaster of the World Surf League, has officially joined Rip Curl's team of ambassadors
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News briefs
Lowa invited 170 sales professionals from the German shoe and...
Lowa invited 170 sales professionals from the German shoe and sporting goods retail sector to some very special events in Nuremberg, Hinterzarten and Rettenberg in Bavaria. Professional actors integrated participants in a crime comedy act that was written exclusively for Lowa. The act combines the crime story with elements of ...
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News briefs
In May 2017, Columbia Sportswear will relocate the headquarters of...
In May 2017, Columbia Sportswear will relocate the headquarters of Sorel and 45 employees to the downtown area of Portland, Oregon, but it will keep its own global head office in Washington County, where it moved from downtown Portland in 2001. Columbia bought Sorel in 2000. Tim Boyle, chief executive ...
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Article
Adidas posts a strong Q3, driven by sneakers
The Adidas Group reported a strong lift in third-quarter sales, which rose 17 percent on a currency-neutral basis, and the new management confirmed that it is on track to meet targets for a record year. In reported euros, group sales went up by 14 percent to €5,413 million.Adidas brand sales ...
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Article
Adidas’ new CEO launches Reebok’s overhaul
In his first public speech after taking the helm of the company on Oct. 1, Adidas' new chief executive, Kasper Rorsted, took the opportunity of the group's strong third-quarter results to give an insight into his plans for the group.While confirming the planned divestiture of TaylorMade, Adams and Ashworth, for ...
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News briefs
The Adidas Group is resuming its share buyback program today,...
The Adidas Group is resuming its share buyback program today, based on the authorization given at its annual meeting on May 12. After two previous tranches of stock repurchases conducted in the last two years, involving a total of 9,018,769 shares that represented 4.31 percent of its share capital, the ...
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News briefs
Adidas confirms that it has sealed a partnership with Kristaps...
Adidas confirms that it has sealed a partnership with Kristaps Porzingis, a fast-rising Latvian player in the National Basketball Association (NBA). The Vertical writes that the agreement was signed for seven years and that it makes Porzingis the highest-paid European sneaker endorser in NBA history. The publication puts the deal ...
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News briefs
Adidas has collaborated with Parley for the Oceans, an organization...
Adidas has collaborated with Parley for the Oceans, an organization dedicated to reducing plastic waste in oceans, on the first mass-produced footwear made of recycled plastic from oceans. Last year, the collaboration had created a 3-D printed prototype, which is now turning into actual pairs of shoes that customers can ...
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News briefs
Aspom, the European digital platform that advertises employment offers and...
Aspom, the European digital platform that advertises employment offers and internships in the sports and lifestyle sector, is coming out with a new identity to take advantage of the growing digitalization. Aspom says it has successfully connected more than 350 companies with 20,000 quality candidates.
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News briefs
Decathlon has withdrawn an advertising poster promoting ammunition for hunting...
Decathlon has withdrawn an advertising poster promoting ammunition for hunting migratory game birds in the city of Ajaccio, the capital of the French island of Corsica. It featured a bird accompanied by a large script reading as “special migration” (Migration Special). The message of the poster was diverted by Nordpresse.be, ...
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Article
Affected by U.S. retail caution, Columbia rises in Europe
After a small decline in turnover and net income for the third quarter, Columbia Sportswear has adjusted its sales guidance for the full year, estimating that sales should increase by about 4 percent, including less than one percentage point of negative impact from currency exchange rates.The group's sales dipped by ...
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News briefs
Amer Sports has promoted Bill Kirchner to vice president and...
Amer Sports has promoted Bill Kirchner to vice president and general manager for the Americas. Most recently, he served as vice president of U.S. sales for Wilson Sporting Goods, prior to his added responsibilities at the parent company, Amer Sports. Kirchner has worked at Wilson for 32 years. In his ...
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News briefs
New Era has announced an expanded global licensing partnership with...
New Era has announced an expanded global licensing partnership with the National Basketball Association (NBA) that makes the brand the official authentic headwear provider of the NBA, the Women's National Basketball Association (WNBA) and the NBA Development League (NBA D-League). The new multiyear deal comes as New Era and the ...
