Latest Headlines – Page 98
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ArticleCan fashion weeks replace trade shows?
Fashion Weeks are just around the corner. Could they replace trade shows as the most important dates in the industry? We take a closer look.
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ArticleStockX broke records in 2022, reveals most traded and fastest growing brands
In a new report, Detroit-based resale platform StockX details the top-traded and fastest-growing brands on its platform over the last year. StockX’s annual report – Big Facts: Current Culture Index 2023 – notes that the company surpassed 1.5 million lifetime sellers, 12 million lifetime buyers and 40 ...
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ArticleGorpcore: The trend that could be bigger than athleisure
Gorpcore: the trend you may have missed and the huge potential it holds for performance brands. We explain it and evaluate its potential.
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ArticleAnta Sports shuffles roles and responsibilities, Ding Shizhong hands over CEO role
To facilitate the implementation of the group’s “multi-brand” and “globalization” strategies, Anta Sports separated the roles of chairman and CEO and implemented several other executive changes.
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ArticleMaker of CO2-based polyester raises €22m
Fairbrics, a sustainable chemical company developing a technology that converts CO2 emissions into high-quality polyester through a circular manufacturing approach, has received €17 million from the European Union’s Horizon 2020 research and innovation program and an additional €5 million from Fairbrics’ Technology Upscaling Project partners to bring its innovative solution ...
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ArticleSports in Italy in 2050: A new study
A new report has been released outlining the key sports trends in Italy to 2050. The report, titled “2050: scenari sul futuro dello sport in Italia” (“2050: Scenarios on the future of sports in Italy”), was officially presented at the Italian Olympic Committee (CONI) in Rome on Jan. 13 by ...
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ArticleFrance introduces new anti-greenwashing rules
As part of its legislative arsenal to combat climate change, the French government has now introduced the next stage of its anti-greenwashing legislation, effective January 1, 2023. The new rules are a major step in controlling advertising claims on carbon offsetting and carbon neutrality, following laws that came into effect ...
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ArticleDiscovery and EBU obtain European media rights for 2026-2032 Olympics
Following a tender by the International Olympic Committee (IOC), the European Broadcasting Union (EBU) and Warner Bros. Discovery have submitted and now won a joint bid to acquire all media rights for 49 territories in Europe for the XXV Winter Olympic Games Milan-Cortina 2026, the Games of the XXXIV Olympiad ...
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ArticleEuropean Central Bank’s latest report shares new predictions on inflation 2023-2025
In December 2022, the European Central Bank (ECB) released its Eurosystem Staff Macroeconomic Projections for the Euro Area. With well-documented economic influences already leading to a sharp slowdown in real GDP growth in the third quarter of 2022, the main forecast was: The expectation of a short-lived and shallow recession ...
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ArticleThe rise of pickleball, and a shift in sports
The Association of Pickleball Professionals (APP) has released its Pickleball Participation Report on the status of its sport in the U.S. If the “nearly 2,500 nationally representative adults” (over the age of 18) are, in fact, representative, pickleball is getting big.
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ArticleWhat is the future of PFAS?
Are you ready for the latest legislation and certification guidelines on PFAS? We bring you the latest update.
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ArticleWolverine Worldwide’s profitability will be impacted by inventory reductions
Wolverine Worldwide reduced its Q4 inventory total from the prior quarter by 8.5 percent to $805 million, but the effort is forecast to weigh negatively on the company’s FY22 and Q4 adjusted diluted earnings. Wolverine says final earning results, when reported next month, will be at the low end of ...
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ArticleJD Sports sees FY at top end of expectations after Christmas sales surge
JD Sports Fashion said it expected annual profits to be at the top end of expectations after revenues grew by more than a fifth over the Christmas period. Current market expectations for the year to Jan. 28 are for a profit before tax and exceptional items of £933-985 million (€1.05bn-1.11bn) ...
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ArticleOn has various growth levers to pull
On Holding, the Swiss-based “disruptor”, which generated $1 billion in trailing 12-month sales through Q3, continues to focus on innovation and sustainability issues while establishing growth levers to reach younger, Chinese, and apparel consumers as a head-to-toe brand rooted in performance with lifestyle adaptability. On continues to eye a 60 ...
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ArticleAdidas merges Canadian and U.S. businesses
Retail Insider reported Jan. 10 that Adidas is merging its U.S. and Canadian operations. According to the report, the new combined North American headquarters will be the current U.S. headquarters in Portland, Oregon. In 1993, the company established its U.S. operations in Portland and moved to its existing North Portland ...
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ArticleGentle upswing for consumer sentiment in Germany
Consumer sentiment in Germany remains on the upswing at the beginning of the new year. The index is up for the third month in a row, according to the latest consumer barometer of the German Retail Association (HDE). In particular, the recently more optimistic economic outlook appears to be contributing ...
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ArticleRobby Naish has sold his company
Netherlands-based Kubus Sports, a distribution platform founded in 1970 for high-end sporting goods brands covering various niche sports, has acquired Nalu Kai Incorporated, the Maui-based operating company of the Naish brand, and its subsidiary Pacific Board Sports, Naish’s U.S. distributor. Naish is the well-known Maui-based company of ...
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ArticleInternational will be vital to Crocs’ $4 billion FY23 revenue objective
Crocs, which has delivered 54 percent annualized shareholder return since 2017 by its own calculation, is forecasting revenue growth of 10 to 13 percent this fiscal year to a range of $3.9 to $4.0 billion with sales in markets outside the Americas increasing at the highest rate. Presenting at ...
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ArticleThe biggest dates in the sports and outdoor industry this year
Our calendar has the biggest industry dates this year and all the dates you need to plan your sports and outdoor gear social media campaign.
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ArticleAnalysis: Sporting Goods Industry stocks suffer double-digit market cap decline
This exclusive analysis shows the development in the market capitalization of the top 87 stock-listed sporting goods companies.
