LATEST – Page 193
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Short stops
Intersport will be supporting the 29-year-old extreme athlete Anja Blacha...
Intersport will be supporting the 29-year-old extreme athlete Anja Blacha from Bielefeld, Germany, for her 60-day, 1,400-km solo expedition to the South Pole
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Short stops
Orage, the Quebec-based ski clothing brand founded in 1989 by...
Orage, the Quebec-based ski clothing brand founded in 1989 by Evelyn Trempe and Eric d'Anjou, and now privately owned by Mtndewds Distribution, is launching a new logo, new premium technical outerwear and a street fashion collection
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Short stops
Hoka One One has been named the presenting sponsor of...
Hoka One One has been named the presenting sponsor of the Western States 100-Mile Endurance Run, the world's oldest 100-mile trail race
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News briefs
Nike and Ocean Conservancy have launched the Arctic Shipping Corporate...
Nike and Ocean Conservancy have launched the Arctic Shipping Corporate Pledge, inviting businesses to join in the commitment to not ship through the Arctic Ocean. Arctic ice is diminishing due to climate change. This opens new ocean routes that were previously unnavigable, but increasing vessel traffic on the Arctic Ocean ...
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Article
Adidas speeds up
In line with the management's forecast, the Adidas Group accelerated on the sales front in the third quarter, posting a currency-neutral sales increase of 6 percent, compared with year-on-year increases of 4 percent in the first and second quarter, and the progress is expected to continue in the fourth quarter. ...
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Article
Adidas opens a digital flagship in London
Adidas has opened a new flagship store, which it calls Adidas LDN, covering 27,000 square feet on four levels on Oxford Street in London, opposite the main department store of Selfridges. The site offers a unique, immersive customer experience. According to the company, it is the most digital Adidas store ...
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Article
New top executives for three major sports companies
Almost simultaneously, Nike, Adidas and Under Armour announced changes in their top management shortly after we published our last issue, underlining the rapid transformation that the highly concentrated athletic footwear market is undergoing.
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Article
EMEA shines in Under Armour’s results
Under Armour’s profits and revenues for the third quarter exceeded Wall Street’s estimates, although the company has lowered its full-year revenue forecast, citing lower than planned excess inventory to service the off-price channel, ongoing traffic and conversion challenges in the direct-to-consumer channel, as well as currency headwinds. Revenues are now ...
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Article
The North Face and Vans drive VF’s results
Despite strong earnings and robust sales, VF Corp. posted results in the latest quarter that missed Wall Street’s expectations. Total sales improved by 5 percent to $3,393 million for the company’s second fiscal quarter ended on Sept. 30, or by 7 percent in constant currencies. Adjusted to exclude the spin-off ...
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Article
Another set of record results for Columbia
Columbia Sportswear is having a vintage year, scoring record results for the past two quarters. Revenues rose by 14 percent in the third quarter ended on Sept. 30 to $906.8 million, while net income improved by 19 percent to $119.3 million – both all-time records for the group. The gross ...
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Article
Columbia’s “tough mother” has passed away
Gertrude “Gert” Boyle died on Nov. 3 at the age of 95. This iconic figure of the international outdoor industry, who has been often referred to, in effective advertising and elsewhere, as “one tough mother,” was the chairwoman of Columbia Sportswear.With her death, the company's chairmanship will pass temporarily to ...
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News briefs
Nike has agreed to sell Hurley for an undisclosed amount...
Nike has agreed to sell Hurley for an undisclosed amount to a private equity fund, Bluestar Alliance. Nike had purchased the surfwear brand from its founder, Bob Hurley, in 2002. Bluestar, which owns many other consumer brands, including Bebe and English Laundry, says it wants to build Hurley into a ...
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News briefs
Nike has extended its “Nike Live” store concept to Long...
Nike has extended its “Nike Live” store concept to Long Beach, California, and the Shibuya ward of Tokyo. The company opened an “experimental digital-meets-physical retail pilot,” called Nike by Melrose, in West Los Angeles in July of last year. To stock the store, Nike extrapolated from 18 months of consumer ...
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News briefs
Nike tops the 2019-2020 Omnichannel Leadership Report, an assessment of...
Nike tops the 2019-2020 Omnichannel Leadership Report, an assessment of how brands are operating in their omnichannel strategies, from digital to brick-and-mortar and customer experiences. The report, released by Newstore, took a critical look at more than 200 luxury, premium and lifestyle brands. Newstore's researchers acted as secret shoppers to ...
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News briefs
Billabong has gone in for some headbanging. Through its Billabong...
Billabong has gone in for some headbanging. Through its Billabong Lab – a platform for collaborations with artists, musicians, designers and photographers – the boardsports-apparel company will be releasing five lines in its Billabong x Metallica 2019-2020 Collection from this past October to March of next year. Each line incorporates ...
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News briefs
Roksanda Ilin?i?, a Serbian fashion designer, has collaborated with Lululemon...
Roksanda Ilin?i?, a Serbian fashion designer, has collaborated with Lululemon to create an eclectic but functional and innovative capsule collection with bold color palettes and exaggerated silhouettes. According to the brand, the collection combines the designer's eye for color and volume with the technical fabrics and functionalities of some of ...
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News briefs
Opening Ceremony and Hoka One One have teamed up for...
Opening Ceremony and Hoka One One have teamed up for the first time to produce a new capsule collection. The collection includes three reissues of classic Hoka footwear products: the Bondi running shoe, the Tor Ultra Hi trail runner and the Clifton trainer. In 2002, the designers Carol Lim and ...
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News briefs
Canada Goose is now offering four hood options – thermal,...
Canada Goose is now offering four hood options – thermal, reflective thermal, light-weight thermal and fur ruff – on six of its parkas: the Chelsea, the Wyndham, the Carson, the Rossclair and the men's and women's versions of the Chiliwack. “Thermal” combines Arctic Tech fabric with down insulation, whereas “reflective ...
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News briefs
Palm & Pine Suncare launched its natural, plastic-free sunscreen brand...
Palm & Pine Suncare launched its natural, plastic-free sunscreen brand on the crowd-funding platform Indiegogo on Oct. 29. The Portuguese company – founded by Sarah Muir, a digital marketing strategist and project manager, along with three of her colleagues – is the first to promise sun protection without pollution. Aiming ...
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News briefs
Under Armour (UA) and Virgin Galactic, the space tourism start-up...
Under Armour (UA) and Virgin Galactic, the space tourism start-up that is set to operate its first commercial space flight in the near future, have unveiled a range of spacewear for passengers, designed by UA. It is the first collection ever created for private astronauts. The line includes a base ...
