All Brands articles – Page 94
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News briefs
Ortlieb won a lawsuit in Federal Court against Amazon on July...
Ortlieb won a lawsuit in Federal Court against Amazon on July 25. The German company wants to prevent the appearance of ads with the Ortlieb brand name on Google, which are linked to offers on the Amazon homepage. The issue is that, when searching a term with Ortlieb in it, such ...
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Nike has announced that it is going ahead with the...
Nike has announced that it is going ahead with the construction of a new Nike Air Manufacturing Innovation (Air MI) facility in Goodyear, Arizona, generating more than 500 full-time jobs in a state that has shown hostility toward the company's commitment to diversity. The state's governor, Doug Ducey, withdrew a ...
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Amer Sports has announced that its half-year financial results will...
Amer Sports has announced that its half-year financial results will be released on Sept. 30. The publication date had originally been scheduled for July 25. The change follows the recent change in ownership of the company. Amer Sports was acquired by a consortium led by Anta Sports earlier this year.
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Article
Under Armour is weighed down by North America
Under Armour had a difficult second quarter, ending with a loss that was below analysts' consensus, sending the share price down by 15 percent. Its net loss narrowed to $17.3 million, against $95.5 million for the second quarter of 2018.The group's revenues inched up by 1 percent to $1,191 million, ...
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VF Corp. announced the appointment of Michel Bilodeau as vice...
VF Corp. announced the appointment of Michel Bilodeau as vice president and general manager in charge of Vans in the EMEA region, starting in October. He will replace Stefano Saccone, who had taken on the responsibility in April but is instead going to run Woolrich International (see the following article). ...
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Anta Sports has become a member of the Better Cotton...
Anta Sports has become a member of the Better Cotton Initiative, a non-profit organization that promotes better standards in cotton farming and practices across more than 20 countries. Anta is the first sportswear firm in China to join BCI.
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Woolrich International has appointed Stefano Saccone as its new chief...
Woolrich International has appointed Stefano Saccone as its new chief executive. He takes over the role from Paolo Corinaldesi, who has served as Woolrich International's chief executive for the past three years. Saccone joins from VF Corp., where he was most recently vice-president and general manager of the Vans EMEA ...
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Under Armour is developing a new shoe that is said...
Under Armour is developing a new shoe that is said to measure the user's blood pressure. The company has filed a patent application with the U.S. Patent and Trademark Office on June 25 for two possible models of the sneaker. In the first version, the shoe would link to a ...
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Overcoming a challenge from Puma, Nike's Jordan brand has signed...
Overcoming a challenge from Puma, Nike's Jordan brand has signed Zion Williamson to a footwear endorsement deal. Williamson was the number-one pick in the NBA draft of 2019. This past February, he famously injured his knee playing for Duke University when one of his Nike PG 2.5 shoes burst open ...
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Nike has introduced Joyride, a new technology that combines the...
Nike has introduced Joyride, a new technology that combines the previous cushioning systems of Nike Air and Nike React. Joyride sets pods and about ten thousand foam beads in the soles of each shoe. The beads shift with wearers' motions and the size and shape of their feet, while the ...
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Nike is reportedly contemplating strategic options including the divesture of...
Nike is reportedly contemplating strategic options including the divesture of Hurley, the group's boardsports apparel brand. The information came just after that of the appointment of John Schweitzer as Hurley's chief executive and chief financial officer. He is replacing Bob Coombes, who was made general manager in 2015, with the ...
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Nike has re-opened its store in Tokyo's Harajuku neighborhood, at...
Nike has re-opened its store in Tokyo's Harajuku neighborhood, at 1 Chome-13-12 Jingumae, Shibuya City. The refurbished location features enhanced services, including a dedicated Nike Women's floor. Additionally, customers can now reserve and scan products and benefit from instant checkout, among other new services, all through Nike App at Retail, ...
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Article
Innovation and digitalization fuel Nike’s 11% growth
Surpassing the management's expectations, Nike reported a broad-based sales increase of 11 percent on a currency-neutral basis for the financial year ended on May 31, driven by innovations, the group's “consumer direct offense” initiative and other aspects of its strategic transformation.In reported dollars, this meant an increase of 7 percent ...
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Article
Nike and Adidas pull back products and ads
The use of social networks and artificial intelligence can be tricky at times. Adidas suffered an embarrassing problem on July 1 with a Twitter campaign launched to promote its new jersey for the English Arsenal football team. It was hijacked by several users who twisted their Twitter handles to send ...
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Article
Silhouette launches its own sports eyewear line as Marcolin takes over its Adidas license
The Marcolin group announced a licensing agreement with the Adidas Group for the design, development, manufacturing and distribution of two lines of eyewear that will reach the market early next year. A spokesperson for the Italian company said that the agreement is global, but there is an apparent discrepancy about ...
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Adidas unveiled the new Adidas by Stella McCartney tennis collection...
Adidas unveiled the new Adidas by Stella McCartney tennis collection ahead of Wimbledon, the legendary tournament. This year's edition of the tournament started on July 1, and will finish on July 14. Alongside McCartney's signature design touches, the 17-piece collection uses innovative materials, such as a synthetic fiber made from ...
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Adidas is reinforcing its ties with the German national football...
Adidas is reinforcing its ties with the German national football team (DFB), of which it has been the sponsor for a long time. The DFB will be training for the 2020 European Football Championship (Uefa Euro 2020) at World of Sports, Adidas' headquarters in Herzogenaurach. Preceding the announcement was a ...
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Anta Sports Products, the new owner of Amer Sports, has...
Anta Sports Products, the new owner of Amer Sports, has denied once again allegations of falsifying its accounts. The latest claim came from a U.S.-based short seller, Muddy Waters, which said that the Chinese company had fraudulently boosted its reported profit margins through the control it has on its distributors. ...
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Amer Sports has completed the divestment of Mavic, which is...
Amer Sports has completed the divestment of Mavic, which is now the property of a private equity firm, Regent. The sale will have no impact of Amer's results. The group's cycling business was already listed as discontinued in its financial results for 2018.
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Nike and the Paris Saint-Germain (PSG) football club have announced...
Nike and the Paris Saint-Germain (PSG) football club have announced that they are extending their technical partnership until 2032. Nike will provide the kit for the PSG's men's and women's sections as well as their handball team. The exact figure of the new deal has not been unveiled. Nike has ...
