All Brands articles – Page 61
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News briefs
Nike, Hydrow make Time magazine’s inventions list
Time magazine has included the Nike Air Zoom Alphafly Next% distance-running sneaker in its list of the ”100 Best Inventions of 2020” under the Fitness category. The Kenyan distance runner Eliud Kipchoge was wearing a variant of the Alphafly when, in September 2018, he became the first human being to ...
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News briefs
Lululemon has a new CFO and a new director, both female
Lululemon has promoted Meghan Frank to chief financial officer. She is the first woman to hold the post at the apparel brand. Frank has been serving since April as interim co-CFO alongside Alex Grieve, Lululemon’s vice president and controller. Frank began her career as an associate with Wainwright Investment Counsel ...
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News briefs
Pentland reports on modern slavery
Pentland Brands has produced a report on labor practices in its supply chain. Called Modern Slavery, the report reviews such criteria as geography, political stability and worker demographics to gauge the likelihood of slavery’s use in various parts of the world. Homeworkers appear to be of particular concern for the ...
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News briefs
Sports Direct to purchase four stores in Spain
In a deal worth €34 million, Frasers Group’s sports banner, Sports Direct, will be purchasing six Toys ‘R’ Us stores in Spain in a sale & leaseback deal. They are located in the cities of Alcobendas (outside Madrid), Sant Boi (outside Barcelona), Granada, Valencia, Málaga and Pamplona. Toys ‘R’ Us ...
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Article
Expanded: Foot Locker books 7.7% higher same-store sales in Q3
Foot Locker reported an increase in same-store sales of 7.7 percent for the third quarter, ended Oct. 31. In absolute terms, the company’s revenues grew by 9.0 percent to $2,016 million, with a 7.7 percent rise in local currencies, beating analysts’ estimates. Digital sales jumped by 52 percent, representing 21.4 ...
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News briefs
The Nike United retail concept goes live
Nike is introducing a new retail concept, called Nike United, at nine locations around the world, including one at East Kilbride in the U.K. The others are in the U.S., China and South Korea. Coming after the Nike House of Innovation, Nike Rise and Nike Live, the new concept is ...
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News briefs
Decathlon opens its largest store in Germany
The largest Decathlon store in Germany is opening in November in Weiterstadt, covering 8,000 square meters and employing 80 people. In addition to the classic sales area for more than 100 sports segments and 85 private labels, there will also be numerous test areas, a sports park and an exhibition ...
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News briefs
New licensing director for Fanatics from Nike
Eager to continue to expand internationally, Fanatics has appointed a new licensing director, Younes Latayi, to drive its global licensing strategy and to manage its growing international portfolio of partners, maximizing their online and offline offerings. He will be based in Europe, reporting to Vicky Picca, Fanatics’ senior vice president ...
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News briefs
Carla Murphy will lead Adidas Outdoor
In yet another important management change, Adidas has appointed Carla Murphy as general manager of its Adidas Outdoor business unit, starting on Dec. 14. She will assume one of the two roles of Tim Janaway, who has been with the Adidas group for more than 20 years, serving most recently ...
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News briefs
Puma signs deals with two European singers
Puma has signed two endorsement deals with two singers: Ana Mena of Spain, who has found success both in her home country and in Italy, and Dua Lipa of the U.K, who is one of the top female acts on Spotify. Dua Lipa will be headlining Puma’s gender-focused “She Moves ...
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Article
Fila fell by 7% in Q3 without Acushnet
The Fila Group is bouncing back after ending in the red in the second quarter, thanks to stronger demand for golf products. Its revenues rose by 5.8 percent to 917,431 million Korean won (€698.6m-$772.5m) in the third quarter. Excluding revenues from the recently-acquired Acushnet, revenues from the Fila brand went ...
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News briefs
Adidas partners with descendants of its founder
Adidas is going back to its family roots in striking a partnership with Legacy of Adi Dassler (Lead for short), an investment platform and a growth accelerator for sports-related start-ups launched in 2016 by four descendants of the late Adi Dassler, who founded Adidas in 1949. They are Horst, Klaus ...
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Puma carves its way into U.S. soccer
Puma will sponsor the United Soccer League (USL), the second division for global soccer in the U.S., for the next three years. It will also be the national partner of a newly formed USL Academy League, which is due to start with more than 50 clubs in 25 states next ...
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News briefs
Puma’s gains from Singles’ Day rise by 50%
Puma collected 2.8 million orders worth the equivalent of more than €80 million through this year’s Singles’ Day festival organized by Alibaba, 50 percent more than a year ago, when it already booked an increase of 40 percent. Puma says its China team spent two months preparing the promotion, planning ...
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News briefs
Shimano hires a Spanish country manager
Shimano Iberia has hired Bruno Prieto to be its country manager in Spain. Prieto was most recently chief executive of Sport Lifestyle, for a little less than a decade, and before then a sales attaché for Campagnolo Ibérica. Earlier still he was a technician – presumably a bike tech, as ...
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News briefsVicky Free will run Adidas’ global marketing operations
Adidas has appointed a new global marketing director, Vicky Free. She will take up the new role in the position of senior vice president at the company’s head office in Herzogenaurach on Jan. 4, reporting to Brian Grevy, executive board member of the group responsible for global brands. As Adidas ...
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Infographics & DataHow Adidas is driving channel shift to DTC
This chart shows the DTC-share of total net revenues in Q3 2020 vs Q3 2019. This chart can be downloaded as JPG, PNG or PDF.
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News briefs
Alibaba enjoys record Singles Day, but its market cap drops
This year’s Singles Day raked in a gross merchandise volume (GMV) of 498.2 billion yuan (€63.67bn-$75.19bn) for Alibaba up sharply from the RMB 268.4 billion reported a year ago. The rival Chinese e-tailer Jd.com had sales of about ¥271.5 billion (€34.71bn-$40.99bn). Lasting 11 days this year, Alibaba’s Chinese sales festival ...
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ArticleEU estimates that Amazon broke competition rules
The European Commission believes that Amazon violated competition rules by unfairly benefiting from non-public data on independent sellers who use its marketplace, it said in its preliminary findings from an antitrust investigation it has been conducting against the American e-commerce giant since last year. The European Union’s executive body added ...
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News briefs
Moncler adopts a composite fabric for its latest skiwear
Moncler has incorporated a breathable, lightweight, waterproof composite fabric called Dyneema into its new, functional Grenoble skiwear collection for autumn/winter 2020. Produced by Royal DSM, Dyneema is purportedly the world’s strongest and lightest fiber – both 15 times stronger than steel and less dense than water. In other words, it ...
