LATEST – Page 190
-
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
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
Adidas partners with the Space Station
Adidas has announced a multi-year partnership with the International Space Station (ISS), the space laboratory managed by the U.S. Center for the Advancement of Science in Space (Casis). The partnership will explore breakthroughs to improve the future design and engineering of sporting products on and off Earth. For to station’s ...
-
Article
Russian football flips out over a flipped flag
The Russian Football Union (RFU) is criticizing Adidas for supplying poor-quality football clothing, according to a Russian newspaper, Sport Express, which says that the Russian national football team refused to play against Belgium and San Marino in November in the new kit designed and supplied by the company. Most players ...
-
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
Down is more sustainable than alternatives, a study shows
A recent Life Cycle Assessment (LCA) that studied the environmental impact of down versus polyester fill material found that natural down in jackets, sleeping bags and bedspreads has 18 times less of an impact on climate change than polyester fill. The LCA was commissioned by the International Down and Feather ...
-
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
Anta Sports Products, which had a 57.95 percent stake in...
Anta Sports Products, which had a 57.95 percent stake in the consortium that bought Amer Sports earlier this year, will no longer have to include and report Amer's figures, which have been dilutive, in its consolidated income statements. Anta is shedding 5 percent of its economic interest in the group ...
-
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
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 ...
-
Short stops
Nike announced an 11% increase in its quarterly dividend shortly...
Nike announced an 11% increase in its quarterly dividend shortly after appointing its new CEO, John Donahoe (see our previous issue)
-
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 ...
-
Short stops
Nike has added Thasunda Brown Duckett, the chief executive of...
Nike has added Thasunda Brown Duckett, the chief executive of Chase consumer banking, a division of JPMorgan Chase & Co., to its board of directors
-
News briefs
After launching the women's version of the Air Force 1...
After launching the women's version of the Air Force 1 Shadow, Nike has added materials from Gore-Tex in a new expansion of the Air Force 1 silhouette. The new Air Force 1 Gore-Tex comes in a high-top model which takes the tooling on the AF1 Duck Boot and adds a ...
-
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 ...
-
News briefs
A new 3D printing production technology for carbon frames has...
A new 3D printing production technology for carbon frames has been unveiled by Atala, an Italian bicycle manufacturer in which Accell Group has a 50 percent stake. Set to revolutionize the alloy and carbon frame market, the innovation enables production-ready carbon frames to be printed in a single piece. The ...
-
News briefs
Vans is introducing its first pair of shoes designed by...
Vans is introducing its first pair of shoes designed by a Filipino. Nikko Pelaez, a 23-year-old artist and graduate of the archipelago's University of the East College of Fine Arts, won the Vans Asia Custom Culture shoe-design competition for 2018 with a design that borrows from myth. “Along with the ...
-
News briefs
Adidas and Prada are partnering on a collaborative line of...
Adidas and Prada are partnering on a collaborative line of sneakers. The announcement has been made on Instagram with the three accounts – Prada, Adidas and Adidas Originals – posting the same photo at the same time, all using the hashtag #Pradaforadidas, followed by the comment “Coming Soon.” The collection ...
