All Brands articles

  • News briefs

    Apple adds new features and languages for its sports watches

    2021-09-17T16:36:00Z

    While presenting many other new products, Apple has announced expanded functionalities for its Fitness+ sports watch. Adding six new languages, it will become available in a total of 21 countries. In addition to a guided meditation feature, it will also come in the autumn with an offer of group workouts ...

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    Le Coq Sportif expands French production

    2021-09-17T15:12:00Z

    Le Coq Sportif has launched the construction of an extension to its French sports clothing factory at Romilly-sur-Seine that will employ 80 persons, joining the 100-odd employees of its existing plant. Measuring 3,000 square meters, it should come on stream at the end of 2022. Yannick Noah and other brand ...

  • News briefs

    Peloton scores a victory in patent suit

    2021-09-17T15:08:00Z

    A federal court in Texas has dismissed claims of patent infringement made by Mad Dogg Athletics against Peloton Interactive. Mad Dogg argued that Peloton’s business model was infringing on two patents it held for its own exercise bikes. The court rejected the claims, argueing that the two patents were abstract ...

  • News briefs

    Callaway shareholder expands its public offering

    2021-09-17T15:08:00Z

    PEP TG Investments, one of Callaway Golf’s largest shareholders with its stake of more than 15 percent, will finally sell 4,000,000 of its shares in the company, one million more than previously planned, through a public offering. It is pricing it at $29.25 per share, below Callaway’s closing price prior ...

  • News briefs

    Obituary: Steve Ettridge, vice president of global merchandising at New Balance

    2021-09-16T16:47:00Z

    New Balance has announced the death of Steve Ettridge, after a long and courageous battle with cancer. He was 56 year old, and he had been promoted to the position of vice president of global merchandising in February this year. Ettridge spent 27 years at the Boston-based athletic footwear company, ...

  • News briefs

    Superdry sees slow recovery

    2021-09-16T16:20:00Z

    In an update for the four months of its current financial year through Aug. 18, Superdry said that its revenues were up by just 1.9 percent from the year-ago period, and they were still 29.6 percent below the level of the comparable 2019 period. Sales through the company’s own stores ...

  • News briefs

    Big Callaway shareholder reduces its stake through a public offering

    2021-09-16T15:59:00Z

    Callaway Golf Co. has announced the start of a public offering of 3,000,000 shares in the company by one of its biggest investors, PEP TG Investments, which will reduce its stake to about 13.7 percent from 15.5 percent if an overallotment of 450,000 shares is exercised. The offering boosted Callaway’s ...

  • News briefs

    Canada Goose launches an automatic share repurchase scheme

    2021-09-16T15:59:00Z

    Canada Goose has entered an “automatic share repurchase plan,” allowing for the purchase of shares by a broker at times when it would not be permitted to acquire them, based on certain parameters. The Toronto Stock Exchange has cleared this scheme, allowing it to start on Sept. 16 in connection ...

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    Adidas sneaker ties in with the newest Bond film

    2021-09-16T15:59:00Z

    Adidas will be introducing four Ultraboost sneakers for its 007 collection for the debut of the new James Bond movie, No Time to Die, which will have its global premiere in the U.K. on Sept. 30. To promote them, the German sportswear giant is organizing an augmented reality contest featuring ...

  • News briefs

    Slinger books a loss on 349% higher sales

    2021-09-16T15:59:00Z

    Slinger Bag, which has been renamed as just Slinger following its diversification into tennis management and the planned release of AI-driven training technology, has reported a net loss of $3,435,312 for the first quarter ended July 31, up sharply from a loss of $1,374,026 in the year-ago period. Sales jumped ...

  • News briefs

    Columbia readies launch of Omni Heat Infinity campaign

    2021-09-16T15:57:00Z

    “There is no such thing as bad weather. There is just bad clothing,” says Haskell Beckham, senior director of innovation at Columbia Sportswear, in a short video for industry professionals to explain the superior warmth retention and breathability properties of its latest technology, Omni Heat Infinity. It has already been ...

  • Small JPEG-NYSE on Running editorials
    Article

    On has become one of the most valuable athletic footwear brands

    2021-09-16T12:19:00Z

    After only 11 years in existence, On Running has joined other big players in the sporting goods market with its ONON ticker symbol in terms of stock market capitalization. Its parent company, On Holding, started trading on the New York Stock Exchange yesterday at $35 a share, 46 percent above ...

  • Sneakers - Hobi Industri - Unsplash
    Article

    The athletic shoe market dipped by 8.2% in 2020

    2021-09-16T12:19:00Z

    The athletic footwear market has been performing generally better than the market for sports apparel and sports equipment in the last decade. Apparently, the opposite happened last year because of the Covid-19 pandemic, as many consumers didn’t buy a new pair of sneakers, except for running or exercizing, as they ...

  • Adidas - McCartney
    News briefs

    Adidas and Stella McCartney featured at the Met Gala

    2021-09-15T17:38:00Z

    Adidas joined Stella McCartney for this year’s Met Gala for the Metropolitan Museum of Art, which took place in New York City on Sept. 13. The two brands, which have been working together for many years, supplied some spectacular pieces of apparel for the model Ella Emhoff, the former UCLA ...

  • Small JPEG-NYSE on Running editorials
    Article

    Strong start for On Running on the NYSE

    2021-09-15T17:23:00Z

    Source: On Running On runs to NYSE. Investors apparently rushed to buy the new Class A shares offered by On Holding and some of its shareholders as they reportedly started trading on the New York Stock Exchange today at around $35 per share, well above a price ...

  • crocs
    Article

    Crocs wants to triple sales in five years

    2021-09-15T17:23:00Z

    Crocs said it is targeting an operating margin of at least 26 percent on annual sales of $5 billion by 2026, with 50 percent of the turnover or more due to be generated through digital channels. This would compare with an adjusted operating margin of 18.9 percent in 2020 on ...

  • News briefs

    Puma has switched to shoeboxes of recycled cardboard

    2021-09-15T17:23:00Z

    Puma claims that a new shoebox that it has introduced will save an annual 2,800 tons in cardboard. The box, which has a recycled cardboard content of about 95 percent, is one of several initiatives taken by the German sports brand as part of its “10FOR25 Sustainability Strategy.” Others include ...

  • Article

    Extended Covid Restrictions in Vietnam are hitting companies hard

    2021-09-14T16:56:00Z

    Nike and other companies are expected to suffer considerable damage from a decision by Vietnamese authorities to extend their strict Covid-19 restrictions in the Ho Chi Minh City region until the end of the month. They were originally scheduled to be lifted on Sept. 15, but the measures taken so ...

  • News briefs

    Xtep sells bonds to Hillhouse to help internationalize K-Swiss and Palladium

    2021-09-14T16:30:00Z

    Xtep International has completed a $129.4 million convertible bond offering intended to expand the presence of its K-Swiss and Palladium brands internationally. The debt offering consisted of two tranches, a U.S.-dollar-denominated tranche of $65 million with a zero coupon and a tranche worth 500 millionn Hong Kong dollars ($65.4 million) ...

  • News briefs

    On Holding raises IPO price to $20-22

    2021-09-14T16:30:00Z

    The parent company of On Running has informed the U.S. Securities & Exchange Commission that it has decided to raise the price of its initial public offering from a range of $18 to $20 to a range of $20 to $22. The company has also indicated that the full overallotment ...