All Brands articles – Page 88
-
Article
A Spanish tax probe against Nike
Spain’s Tax Agency (Agencia Tributaria) has filed a request against Nike’s subsidiary for the Iberian Peninsula, American Nike, for failure to pay certain corporate and sales taxes. American Nike could owe up to €14.6 million to the Spanish government, most of it for transfer pricing – that is, sales and ...
-
Article
New records for Alibaba’s Singles Day
The gross merchandise value (GMV) generated by Alibaba’s 11th Singles Day hit a record of 268.4 billion yuan renmimbi (€34.7bn-$38.3bn), eclipsing last year’s score by 26 percent, thanks in part to a longer pre-sales period, a larger assortment of discounted products, the extension of the festival to new markets outside ...
-
Article
Strong gains at Alpargatas
The new owners of Alpargatas moved its head office to less expensive premises in São Paulo with a more collaborative layout during the month of August.
-
Article
Nike stops with Amazon’s marketplace
A few days after the appointment of a new chief executive, John Donahoe, who previously ran eBay, the Swoosh announced that it will stop a pilot program, initiated in 2017, to sell selected products on the Amazon Retail marketplace. Nike justified the move with its “focus on elevating consumer experience ...
-
News briefs
The consortium led by Anta Sports Products that bought Amer...
The consortium led by Anta Sports Products that bought Amer Sports last month is exploring the possible sale of its U.S.-based fitness equipment brand, Precor, according to Bloomberg. The report indicates that several potential buyers have shown interest in the brand, which could fetch about $500 million. Prior to its ...
-
News briefs
Woolrich International has appointed two new executives, recruiting them from...
Woolrich International has appointed two new executives, recruiting them from VF Corp. Federico Manno will serve as general manager of global direct-to-consumer and digital key accounts, and Gaetano Coccopalmeri as export sales director. Both roles are new. Stefano Saccone, another former executive of VF, became chief executive of Woolrich last ...
-
News briefs
Columbia Sportswear has appointed Pierre Drui as its new director...
Columbia Sportswear has appointed Pierre Drui as its new director for Western Europe for the Columbia and Sorel brands. Drui, who has worked for the group for the last 14 years, served most recently as apparel sales manager for Columbia in Europe. Meanwhile, the company has named Bruno Moalic as ...
-
Article
Under Armour boosts Vulcabras’ results
Vulcabras has reported a sales increase of 11.6 percent to 359.4 million Brazilian reais (€76.4m-$84.2m) for the third quarter of 2019, thanks in part to the higher-prices shoe that the company is selling with the Under Armour brand name in Brazil under its new contract with the American company. The ...
-
ArticleHaglöfs chief is now running Asics EMEA
Carsten Unbehaun, the German-born executive who became the chief executive of Haglöfs at the beginning of 2018, returned to the European subsidiary of the brand’s Japanese parent company, Asics Corp., as its new chief executive on Nov. 20. Unbehaun will continue to run Haglöfs until a successor is found.
-
Article
Asics incubates five more start-ups
Applications for the Asics Tenkan-Ten accelerator program were up by 60 percent this year, with candidates hailing from 38 countries. Asics has now selected five growth-stage start-ups to take part in its four-month program to meet their goals for both business and funding. Fun With Balls was founded in 2016 ...
-
Article
MIPS and POC back on track together
POC (we generally spell this company as Poc, the way it is pronounced, or Poc Sweden) and MIPS recently announced a renewed, deeper partnership that will have the companies working closely to develop new rotational-impact brain-protection systems for cycling and snowsports helmets. In 2009, POC was the first company to ...
-
Article
Nike will boycott new Russian transport route
Nike has made a formal pledge, which has been publicized in the Russia media, to never transport its goods through the Northern Sea Route (NSR) in a bid to help protect the Arctic from environmental challenges. The NSR is a new alternative route for shipments between Asia and Europe, passing ...
-
Article
China’s Topsports doesn’t disappoint with first results since IPO
After raising $1.01 billion in an initial public offering on the Hong Kong stock exchange last month, Topsports International Holdings, the sports retailing arm of Belle International, published strong results for the six months ended on Aug. 31. Sales rose by 12.4 percent as compared to the year-ago period to ...
-
News briefs
Nike Swim is introducing Nike HydraStrong, a new high-performance, chlorine-resistant...
Nike Swim is introducing Nike HydraStrong, a new high-performance, chlorine-resistant fabric designed for high-intensity training and competition. The new fabric will be featured in the majority of the Nike Swim performance swimwear line for spring/summer 2020. Nike launched HydraStrong after conducting research globally among young, competitive athletes from high school ...
-
Article
New contributions by Salomon, Patagonia and others to a circular economy
Product designers at Salomon have spent more than 18 months working on a running shoe that can be fully recycled for the production of other equipment at the end of its life.
-
News briefs
Nike has invested in and signed an intellectual-property licensing deal...
Nike has invested in and signed an intellectual-property licensing deal with Handsfree Labs, whose devices enable people to put shoes on without using their hands. The companies have not disclosed the terms of the investment. Strategically, however, remarks from Tom Clarke, Nike's president of innovation, have suggested a link with ...
-
Article
Lafuma is selling Eider
Lafuma has received a binding acquisition offer for its Eider brand from K2, the South Korean technical outdoor company.
-
Article
Strong progress for Fila in Europe
Like Puma and Champion, Fila continues to grow faster than much bigger sports brands like Nike, Adidas and Under Armour. The Italian heritage sports brand’s momentum remained particularly strong in Europe during the third quarter of 2019, as Fila Korea’s licensing royalties from the region surged by 59.3 percent to ...
-
News briefs
Nike, the NFL and Fanatics have signed a new global...
Nike, the NFL and Fanatics have signed a new global partnership that extends Fanatics' exclusive consumer product licensing rights to manufacture and distribute all Nike NFL adult products worldwide. The new agreement is an upgrade to the deal they signed in 2018, which covered only the U.S.
