All Brands articles – Page 85
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Article
ANWR grows by over 50%, up bt 9.6% in sporting goods
The ANWR Group, the big international cooperative of independent retailers based in Mainhausen near Frankfurt that controls Sport 2000 and other franchised chains in various countries, proudly boasted an increase of almost 54 percent in its total business volume to €14.6 billion in 2019. The year marked the 100th anniversary ...
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Article
VF lowers its outlook
In releasing its results for its third quarter ended on Dec. 28 on Thursday, VF Corporation said its business so far this year has performed at the high end of its group’s long-term growth objectives, but the management admitted that it will not be able to meet the targets it ...
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Article
Lululemon is riding impressive momentum
Lululemon Athletica seems unstoppable. Citing a strong holiday period, it has upgraded its revenue and earnings guidance for the fiscal fourth quarter ending on Feb. 2, 2020. The company’s shares, which nearly doubled in value last year, gained an additional 3 percentage points after the announcement.
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Article
New horizons for W.L. Gore in sustainability
As part of its commitment to improve the sustainability of its products, W.L. Gore & Associates is working hard on the development of a new waterproof/breathable membrane based on a non-fluorinated material.
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ArticleThe green bona fides of Adidas
This year, for the first time, more than half of the polyester in Adidas products will derive from recycled plastic waste. If things stay on track, moreover, by 2024 Adidas will be using recycled polyester exclusively whenever it is applicable. Adidas has been working on a number of other sustainability ...
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Article
Sportmaster employs AI to improve retail network’s effectiveness
The biggest Russian sporting goods retailer has adopted artificial intelligence, using algorithms supplied by a Kiev-based IT company, Softline, in a bid to streamline the internal logistics network. Softline has supplied the hardware and a software system, Nvidia DGX-2, whose performance can be compared to that of dozens of servers.
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Article
Crocs raises its guidance
As it recorded its strongest fourth quarter ever, Crocs decided to raise its revenue guidance for the last three months of 2019. The company now expects revenues to have risen by 21 percent from the year-ago period, reaching a level of $260 to $262 million, up from a previous forecast ...
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Article
Decathlon opens its first stores in Luxembourg and Kazakhstan
Decathlon will open its first store in Luxembourg, located in the Royal-Hamilius shopping mall, during the first quarter of this year. It will be a “Decathlon City” concept store, with a relatively small area of 630 square meters, spread over two floors.
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News briefs
Karpos is sponsoring an expedition to Antarctica
Karpos is sponsoring Manrico dell’Agnola and his team for their expedition to Antarctica, organized with the Italian National Research Council (CNR). The expedition is set to return at the end of January. The adventure has environmental as well as mountaineering objectives, as dell’Agnola has explained. The team will help determine ...
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News briefs
Anta develops its first graphene-enhanced garment
Anta has developed its first graphene-enhanced garment, the A-Flame down jacket, in collaboration with researchers at Xiamen University. Graphene is used in the jacket to radiate far infrared rays and help keep the wearer warm in cold temperatures. The company said that it plans to use graphene in a wide ...
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News briefs
Andreas Heep leaves Adidas
Andreas Heep, senior director of sales for fashion products in Central Europe at Adidas, has left the company at his own request, after working there for 22 years. He is said to want to follow new projects in the future. His successor is Philip Clas, who has been with the ...
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News briefs
Anllian Capital is issuing convertible bonds
Anllian Capital – a special-purpose investment vehicle belonging to Anta Sports Products that directly or indirectly owns just over 59 percent of Amer Sports through the Mascot Bidco consortium – is issuing convertible bonds with a zero coupon worth €1 billion. Issued at a price 0.25 percent higher than the ...
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OpinionWhy 2020 could be the year Amazon becomes unstoppable
From infiltrating the pharma business to owning the internet, the Amazon juggernaut will be flexing its muscle with broad implications.
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Article
Thule acquires a fishing rod carrier
The Thule Group has acquired Denver Outfitters, an American producer of vehicle-mounted fishing-rod carriers.
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ArticleAdidas launches a skiwear line
Confirming a report in Süddeutsche Zeitung, Adidas says it is planning to enter the snow sports market with a line of winter sports apparel for cross-country and alpine skiing, ski touring and snowboarding for the autumn/winter 2020/21 season. It will be launched under its growing sub-brand for outdoor products, Adidas ...
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ArticleNike and Adidas trigger distinct emotions
In an interesting exercise, CMDsport has pitted the top two sports brands against each other in a survey of 5,491 Spaniards who read its publications. At stake were the “emotions” that these brands inspire. The Spanish trade paper developed a list of 34 such emotions or perceptions and asked participants ...
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News briefs
Adidas has announced the start of the third tranche of...
Adidas has announced the start of the third tranche of its multi-year share buyback program, which calls for the purchase of up to €3.0 billion worth of its own shares between March 2018 and May 2021. It is planning to purchase own shares worth up to €1.0 billion in 2020. ...
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News briefs
Adidas has reached a negotiated settlement with Rick Pitino, the...
Adidas has reached a negotiated settlement with Rick Pitino, the former coach of Louisville University’s basketball team who was fired in 2017 over a bribery scandal, ESPN has reported. Pitino claimed to have no knowledge of a deal under which James Gatto, a former sports marketing executive of Adidas, and ...
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News briefs
Adidas has launched new laceless footwear for tennis players. The...
Adidas has launched new laceless footwear for tennis players. The new Stycon shoe, whose silhouette does not look like the typical tennis sneaker, is said to offer optimized comfort for wearers thanks to improved fit and control. The shoe has no shoelaces and a knit collar, designed to naturally expand ...
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News briefs
Adidas has launched a range in collaboration with Pokémon Company...
Adidas has launched a range in collaboration with Pokémon Company for the new year, according to Hypebeast. The range comprises tracksuits, T-shirts, shorts and footwear for youth and adults, marked with graphics inspired by the visuals of the early Pokémon video games. Patterns of pixels are used to create colors, ...
