All Brands articles – Page 4

  • News briefs

    Mirror’s founder and CEO is resigning

    2021-09-23T15:43:00Z

    CNBC has obtained a copy of a memorandum from Lululemon’s management informing its employees that Brynn Putnam is resigning as CEO of Mirror, the U.S.-based producer of connected wall-mounted screens for workout streaming that Lululemon acquired in June 2020 for $500 million. The memo was signed by Putnam herself and ...

  • Climate Strike 1_Credit Patagonia
    News briefs

    Patagonia supports global climate strike on Sept. 24

    2021-09-23T14:10:00Z

    This Friday, Sept. 24, youth activists and engaged citizens worldwide will strike to demand climate justice. Patagonia is supporting the protest to put pressure on world leaders and ensure that attention is paid to the people who are already experiencing the worst effects of the climate crisis first-hand. The U.S.-based ...

  • News briefs

    Sugi is licensing Sergio Tacchini footwear for Europe

    2021-09-22T16:51:00Z

    Sergio Tacchini Europe has signed a long-term licensing deal with Sugi International for the development, production and distribution of a new line of Sergio Tacchini footwear that will “significantly upgrade the quality and breadth” of the line, while expanding its distribution. The deal covers many countries in Europe, including Russia, ...

  • News briefs

    New Balance faces new complaint over its made in USA label

    2021-09-22T16:51:00Z

    A consumer advocacy organization, truthinadvertising.org, has filed a complaint with the U.S. Federal Trade Commission (FTC), asking it to investigate the validity of New Balance’s “made in USA” label, which it uses in at least a dozen models of footwear. According to the complaint, NB claims “a domestic value of ...

  • kathmandu holdings logo
    Article

    Rip Curl helps Kathmandu’s sales to rise by 15%, but outlook is uncertain

    2021-09-22T15:51:00Z

    Kathmandu Holdings said in a preliminary annual report that its sales increase by 15.1 percent to 922.8 million New Zealand dollars (€551.4m-$646.6m) in the full year ended July 31, 2021, as its Rip Curl and Oboz brands benefitted from a boom in surfing and higher participation in hiking, respectively. Instead, ...

  • News briefs

    Celebrities invest in Hydrow prior to a possible IPO

    2021-09-22T15:50:00Z

    Following a business model that is becoming more common in the industry, various celebrities participated in a new funding round for Hydrow, the connected rowing equipment brand. Indicating that its sales jumped by 500 percent in the past year, the company also announced the appointment of a chief commerciale officer, ...

  • News briefs

    Nike is once again SportsPro’s most marketable brand

    2021-09-22T15:49:00Z

    Nike has remained atop the heap in the 12th edition of SportsPro’s list of the World’s 50 Most Marketable (50MM) Brands, compiled by the sponsorship analytics firm Hookit. Nike scored 8.77 billion engagements, 58 percent more than in the previous year, leading to a 34 percent increase in sponsorship value ...

  • Bolle
    Article

    Bollé Brands hires new executives for e-com, sales, marketing and CSR

    2021-09-22T13:20:00Z

    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 ...

  • News briefs

    On Running gets involved in tennis

    2021-09-21T17:49:00Z

    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 ...

  • Article

    New MD, narrowed focus for Rossignol’s Spanish ski plant

    2021-09-21T17:44:00Z

    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 ...

  • 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 ...

  • News briefs

    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 ...

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    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 ...