All Brands articles – Page 81
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News briefs
Will Intersport or Sportmaster acquire Go Sport France?
Rallye, which controls the French Go Sport chain, has reached an agreement for the rescheduling of its debt of €2.9 billion, setting deadlines of four years with its banks and ten years with other creditors. It is not yet clear how the package will be financed. One of the options ...
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Nike honors Kobe Bryant
Nike has released a spot on social media to pay tribute to the late Kobe Bryant. The spot is entitled “Mamba Forever,” after Bryant’s nickname “Black Mamba,” and shows some of the most iconic moments and achievements in the basketballer’s career. Bryant died in a helicopter crash with his 13-year-old ...
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Jochen Gärtner is Fila’s new European sales director
Jochen Gärtner has taken over the position of sales director Europe for Fila, a brand for which the Deichmann group holds the European license indirectly. With immediate effect, he will be responsible for sales and marketing for all collections – with the exception of the tennis category. Gärtner was hired ...
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Puma acts against waste
According to sportstextiles.com, Puma has introduced a collection of sports apparel and footwear in conjunction with First Mile, a “people focused” company in the U.K. that collects waste from businesses and dispatches it to partners for recycling into yarn, the objective being to curtail the flow of waste into landfills. ...
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Asos teams up with Nike for the Re:Set Lab
As reported by Fashion Network, Asos and Nike recently invited customers to take part in immersive or high-intensity classes in exercise, yoga, meditation, and arts and crafts such as candle-making, make-up application, terrarium set-up and illustration. The event, called Re:Set Lab, was held from Feb. 28 to March 1 at ...
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Puma addresses the water crisis
Puma has teamed up with the BA fashion course at Central Saint Martins (CSM), the London-based design school, to study sustainable technologies in textile manufacturing. The result is a “Day Zero” collection that consists of new takes on the RS-X3, Future Rider and Ralph Sampson Low shoes. Designed by CSM’s ...
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Article
Mixed results at Foot Locker
Globally, Foot Locker’s sales decreased by 2.2 percent to $2,221 million in the fourth quarter ended on Feb. 1, with a drop of 2.0 percent in local currencies. On a comparable store basis, sales were off by 1.6 percent worldwide, but Foot Locker Europe’s sales were flat and the Runners ...
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Article
With higher sales and visits, Zalando pushes its marketplace
Zalando’s momentum keeps going, and the e-tailer is looking at new ways to grow after posting strong results for the fourth quarter of the year. One of the highlights was a jump in the number of site visits, which progressed by 31.9 percent to 960.7 million.
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Nike appoints new president for Iberian subsidiary
American Nike, Nike’s Iberian subsidiary, has named Marco Deotto president. For the past five years, Deotto has been Nike’s senior finance director for southern Europe. He also spent more than a year as finance director for Italy. Before joining Nike, he held various finance-related positions with Heinz Italy and rose ...
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Article
Accell’s new focus on Europe bears fruits
Accell Group, the Dutch-based company behind Haibike, Lapierre, Batavus, Raleigh and many other bicycle brands, said that its turnover accelerated across the board in 2019 outside North America, where it is no longer operating directly. Excluding divestitures, the group’s revenues increased by 7.5 percent last year to €1,111 million, with ...
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Article
Clarus buys a case maker, after making further progress
(OIC) Clarus Corporation, the parent company of Black Diamond, Sierra Bullets and SKINourishment, continues to make acqusitions in adjacent sectors. It has announced the takeover of SKB Corporation, a leading U.S. producer of protective cases. The purchase price of around $96 million will consist of $85 million in cash and ...
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Article
Sports brands celebrate women
A number of sports brands celebrated International Women’s Day on March 8.
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ArticleJoint management for SportScheck and Karstadt Sports
(updated March 12 2020) Thomas Wanke has been appointed to the newly created position of chief executive of both Karstadt Sports and SportScheck. The former CEO of SportScheck, Markus Rech, is no longer in charge. Furthermore, Stefan Weiss, chief sales officer at Karstadt Sports, will from now on serve as ...
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ArticleAdidas posts strong results, but warns about coronavirus impact
The year 2019 was a pretty good one for the Adidas Group. On March 11, the company reported revenue gains in all the regions, with Europe returning to growth, and strong increases in direct-to-consumer sales, while profit margins improved. However, the share price tumbled by about 10 percent as the ...
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ArticleForced labor in China for some sports brands?
Several Chinese factories under foreign contract appear to be resorting to forced labor from ethnic minorities. The suspicion stems from a report on the plight of China’s Uyghurs and other minorities recently released by the Australian Strategic Policy Institute (ASPI) – a self-described non-partisan think tank founded in 2001 to ...
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Skechers is using soles by Goodyear
Skechers has begun to source some of its soles from The Goodyear Rubber & Tire Company. For now, Goodyear Performance Outsoles are available only on three models in the Skechers GoRun line of running shoes, but their application will expand throughout this year – first to other running models and ...
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ArticleChemicals and coronavirus weigh on Wolverine’s results
(OIC) The group’s two biggest footwear brands, Merrell and Sperry, helped Wolverine Worldwide finish the last year on a high in terms of revenues, with both of them scoring growth in the mid-teens for the fourth quarter ended on Dec. 28. The company also benefited from an acceleration in direct-to-consumer ...
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ArticleSolutions in sight for Norway’s sports sector
We reported in our Feb. 10 issue about the problems at XXL ASA and the bankruptcy of Gresvig, the Norwegian licensee of Intersport. Powerful investors are pitching in to save the two largest retail players in the Norwegian sporting goods market. It seems, however, that some suppliers may end up ...
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News briefs
Adidas changes its practices in Spain
Adidas has avoided a fine from the Spain’s National Commission for Markets and Competition (CNMC) in exchange for voluntary changes to its franchising policy. The commission opened an inquiry after a franchisee in Spain accused the company of anti-competitive practices in November 2018. In essence, Adidas had different contracts in ...
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New Callaway manager for softgoods
Callaway Golf Company has made Joe B. Flannery executive vice president for apparel and other soft goods. This will include the supervision of the Jack Wolfskin brand, which was acquired by the American golf company one year ago, as well as other properties such as TravisMathews. Flannery has been with ...
