All Brands articles – Page 25
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ArticleBollé Brands hires new executives for e-com, sales, marketing and CSR
The Bollé Brands Group has hired new executives for its marketing, business, e-commerce and corporate social responsibility departments to support a plan to strengthen both its digital and local presence, to raise awareness of all the group’s brands - Bollé, Cébé, Spy+ and Serengeti - and to strengthen its socially ...
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News briefs
On Running gets involved in tennis
On Running, which counts Roger Federer among its investors, has signed on to become an official footwear sponsor for the Laver Cup, a tennis tournament due to be played out in Boston on Sept. 24-26. The Swiss company has designed a limited-edition, comfortable and stylish Roger Advantage Laver Cup shoe ...
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Article
New MD, narrowed focus for Rossignol’s Spanish ski plant
The head of Skis Rossignol de España, Enric Casas, is retiring in October at the age of 65, after 35 years with the company. Casas joined Rossignol in 1986 as an engineer and went on to become a technical manager. He was appointed managing director of the Spanish manufacturing subsidiary ...
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News briefs
Apple adds new features and languages for its sports watches
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
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 ...
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Peloton scores a victory in patent suit
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 ...
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News briefs
Callaway shareholder expands its public offering
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 ...
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News briefs
Obituary: Steve Ettridge, vice president of global merchandising at New Balance
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, ...
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Superdry sees slow recovery
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 ...
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News briefs
Big Callaway shareholder reduces its stake through a public offering
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 ...
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Canada Goose launches an automatic share repurchase scheme
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
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 ...
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News briefs
Slinger books a loss on 349% higher sales
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 ...
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Columbia readies launch of Omni Heat Infinity campaign
“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 ...
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ArticleOn has become one of the most valuable athletic footwear brands
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 ...
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AnalysisMarket Analysis: The athletic footwear market
This is an exclusive, yearly statistic only available for subscribers of SGI Europe. It includes revenue and market share development of the major global athletic footwear brands including breakdown by region.
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News briefsAdidas and Stella McCartney featured at the Met Gala
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 ...
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ArticleStrong start for On Running on the NYSE
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 ...
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ArticleCrocs wants to triple sales in five years
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 ...
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Puma has switched to shoeboxes of recycled cardboard
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 ...
