All Brands articles – Page 5

  • 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 ...

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    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 ...

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    Article

    The athletic shoe market dipped by 8.2% in 2020

    2021-09-16T12:19:00Z

    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 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 ...

  • News briefs

    Castore moves into cricket, eyes a possible IPO

    2021-09-14T15:39:00Z

    Castore, which is said to be planning to go public in 2022, has replaced New Balance as sponsor of the England & Wales Cricket Board (ECB). By the terms of the deal, worth some £25 million (€29m-$35m), the British sportswear producer will be supplying all ECB teams – men’s, women’s, ...

  • News briefs

    Orage plans to return to Europe

    2021-09-14T13:48:00Z

    Orage, a Montreal-based brand of outerwear that caters primarily to freeride skiers and snowboarders, is reportedly expanding back into the European market. After undergoing several changes of leadership and direction under the umbrella of Coalision and its CEO and president, Bernard Mariette, the brand was sold in 2013 to one ...

  • News briefs

    Vista Outdoor buys a producer of golf simulators

    2021-09-13T17:17:00Z

    Trying to capitalize on the recent boom in the golf market, Vista Outdoor has agreed to buy Foresight Sports, a producer of high-enhd golf simulators based in San Diego, California, for $475 million plus up to $25 million in contingent incentives. The amount is equal to about ten times the ...

  • News briefs

    Vans to stream its Musicians Wanted concert

    2021-09-13T16:38:00Z

    Vans will be streaming a concert for the 2021 Vans Musicians Wanted competition, scheduled for Sept. 22. Musicians from the Americas, Europe and Asia-Pacific will be competing to win products from Vans and Kramer, contracts for global music distribution, and playlisting on Spotify and Apple Music.The finalists will be performing ...

  • News briefs

    Peloton releases its first full range of apparel

    2021-09-13T14:13:00Z

    After dabbling with a few apparel items in the recent past, including a collaborative line developed with Adidas, Peloton Interactive has released its first full private-label collection of men’s, women’s and gender-neutral fitness garb, calling it Peloton Apparel, for autumn 2021. The items are made of four fabrics, each with ...

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    Article

    Lululemon raises FY guidance as sales accelerate, despite supply chain issues

    2021-09-09T17:16:00Z

    Lululemon Athletica raised its outlook for sales and earnings after beating analysts’ estimates in the second quarter ended Aug. 1. Sending its stock market valuation up to an all-time high of €56.5 billion, the company said it is now on track to reach its 2023 target for its top line ...

  • News briefs

    New presidents for Mountain Hardwear and prAna

    2021-09-09T16:55:00Z

    Columbia Sportswear has announced the promotion of Troy Sicotte to the position of president of its Mountain Hardwear brand and the appointment of Monica Mirro as president of prAna. They will both be reporting to Craig Zanon, who became the group’s senior vice president for emerging brands earlier this year. ...

  • News briefs

    A new Berlin-based sports brand, Winqs, is going fully green

    2021-09-09T16:41:00Z

    Winqs, a new brand of footwear, apparel and accessories that aims to cover many sports categories, hopes to replace traditional materials with much more expensive yet fully sustainable ones, without sacrificing performance or raising prices too much. The Berlin-based brand told the Swedish trade paper Sportfack that all of its ...

  • News briefs

    VF executive takes over Eagle Creek

    2021-09-09T14:56:00Z

    Travis Campbell, a former consultant with Andersen and a former Deloitte consultant who had been in charge of emerging brands at VF Corp. until a few weeks ago, has acquired all the assets of Eagle Creek, a daypack and travel luggage brand founded in Colorado in 1975 that VF took ...

  • News briefs

    Online sales help Björn Borg to book a record Q2

    2021-09-09T14:56:00Z

    Strong online sales and savings in operating costs launched in 2020 helped Björn Borg to book the best second quarter in the Swedish company’s history. Total net revenues for the three months ended June 30 reached 162.8 million (€16.0m-$18.9m), an increase of 10.0 percent from the year-earlier period. The company’s ...