All Brands articles – Page 72
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News briefs
VF to open its first multi-brand store
VF Corp. will be opening its first multi-brand store, called Orefici 11 Milano, in the autumn. Located in the Italian city, the three-level, 22,000-square-foot store is meant to reflect its surroundings, mimicking the courtyards, façades and balconies of typical Milanese apartment buildings, the so-called case di ringhiera (guard-rail houses). As ...
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News briefs
Nike will stop sponsoring the AS Roma team
AS Roma announced that it had agreed with Nike on an early termination of their sponsorship agreement after the end of the 2019/20 season. Reports indicate that Under Armour may be in line to take Nike’s place, paying higher fees. “The early termination of the commercial agreement will allow AS ...
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News briefs
Decathlon Italy partners with Carrefour
Decathlon is further expanding its collaborations with grocery store chains across Europe as part of its plan to make its products available to shoppers in their everyday life. After partnering with Carrefour in Belgium earlier this year, Decathlon is now teaming up with Carrefour in Italy. Some roducts of the ...
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ArticleAnta issues warning on first-half profits
Anta Sports Products said it expects to report a drop of about 25 percent in its earnings for the first half of this year, largely as a result of restrictions implemented during the Covid-19 crisis. They are even expected to be down by 35 percent from the year-ago period when ...
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ArticleXXL bounces back
It seems that there is light at the end of the tunnel for XXL ASA, after many quarters stuck in a downward spiral. To turn the business around, the leading Nordic sports retailer has been taking drastic steps such as cutting costs, clearing inventory and searching for new “sustainable” sources ...
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News briefs
Wolverine hires its first VP of advanced concepts and innovation
Wolverine Worldwide has hired Barry McGeough to be its first vice president of advanced concepts and innovation, with a purview extending to all 12 of the company’s brands. He will be seeking out new technologies, materials and other advancements – 5G, augmented reality (AR), artificial intelligence (AI), etc. – for ...
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News briefs
Wilson promotes Joe Dudy to president
Wilson Sporting Goods has promoted Joe Dudy to president. Dudy has been acting leader of the brand since autumn 2019, when Michael Dowse left in connection with the closing of Anta Sports Products’ takeover of Wilson’s parent company, Amer Sports. He is taking the helm at Wilson as the brand ...
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News briefs
Apple’s European tax victory may favor Nike’s case
Observers feel that the European Commission’s legal stance against Nike Europe over an alleged under-payment of taxes in the Netherlands has been weakened by a ruling by the General Court of European Court Justice that annulled its previous decision against Apple Corp. and the Irish government. The Commission had charged ...
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News briefs
Garmin partners with Surfline to provide watch-controlled surf video
Garmin has paired the release of two smartwatches – the Fenix 6 Solar and the Surf Edition of the Instinct Solar – with the inauguration of a partnership with Surfline Sessions of Huntington Beach, California. Garmin’s wearable devices measure wave count, top speed, distance surfed and total water time. The ...
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News briefs
Google asked to make concessions to acquire Fitbit
Google has been told by the anti-trust authorities of the European Commission that they might endorse its proposed $2.1 billion acquisition of Fitbit, according to an exclusive Reuters report, as long as it pledges not to use the latter’s health and wellness data for its online advertising and search engine ...
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News briefs
Lululemon opens corner in a Munich department store
Lululemon has opened a shop-in-shop of 90 square meters in the urban sports section of Oberpollinger, the high-end department store in downtown Munich. It’s the first of the kind in Germany for Lululemon, which already has a store in Munich and eight others in the rest of the country.
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News briefsGarmin introduces new solar watches, making cable charging nearly unnecessary
Garmin is expanding its portfolio of solar-powered products and now offers even more watches with an integrated, transparent solar charging lens that uses solar energy. In addition to a significantly extended battery life, some models also come with new features. The popular fēnix 6 series is now available as a ...
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News briefsGoPro‘s Hero8 Black now works as an HD webcam
GoPro announced that its flagship Hero8 Black camera now functions as a 1080p high-definition, wide-angle webcam. Users can update their Hero8 Black with a beta release of the new firmware and install the new GoPro Webcam desktop utility to use their camera as a webcam. The utility is now available ...
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News briefs
Nike introduces a new, reactive store concept
On July 9 Nike introduced a new, reactive store concept at its flagship in the Chinese city of Guangzhou. Called Nike Rise, the system tailors the shopping experience to individual “members” – that is, customers registered with one of its apps – and connects them to a community in the ...
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News briefs
Covid-19 cases at a JD Sports warehouse
A local track-and-trace system has identified a few Covid-19 infections among the employees at JD Sports Fashion’s main warehouse at the Kingsway Business Park in Rochdale, near Manchester. These employees are now self-quarantined at home. Working with the U.K.’s National Health Service (NHS), the company has set up a mobile ...
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News briefs
Nike and 11teamsports partner with TSV 1860 München
Nike and 11teamsports will be supplying the TSV 1860 München, the third-tier Munich football club known also as ”die Löwen” (the Lions), from this summer until June 2025. Erima of Germany was previously the team’s sponsor and supplier since 2008. 11teamsports, the German multi-channel retailer, will take care of the ...
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News briefs
Under Armour reportedly puts up a fitness app for sale
Under Armour is reportedly looking for an investor to take over MyFitnessPal (MFP), a food consumption and exercising app and website that it bought for $475 million in 2015, at around the same time as Adidas’ $220 million acquisition of Runtastic and Asics’ $85 million buy of Runkeeper. MFP offers ...
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News briefs
Puma to launch the Unity Collection
Puma is releasing the Unity Collection of unisex apparel, footwear and accessories, accompanying the launch with a pledge of $200,000 to the U.N. Covid-19 Solidarity Response Fund, which supports the World Health Organization (WHO). The pack is to celebrate Puma’s sports heritage and the unifying force of sport. The items ...
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News briefs
Five years of Adidas with Parley for the Oceans
Adidas presented a new limited-edition sneaker for the fifth anniversary of its collaboration with Parley for the Oceans. The company said it would donate €30 to the NGO for each pair of the model sold in the first three days of the promotion. The partnership between Adidas and Parley for ...
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News briefs
FC Barcelona seeks damages from Nike for defective jerseys
The Financial Times reports that FC Barcelona will be seeking monetary compensation from Nike, its sponsor since 2018. Apparently, the colors of the jersey in the Swoosh’s kit bleed when they get wet. Both Nike and the football club hope to resolve the problem by August, when Europe’s Champions League ...
