LATEST – Page 221
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Short stops
Head has signed an endorsement contract with Karen Khachanov, a...
Head has signed an endorsement contract with Karen Khachanov, a leading and tall 22-year-old Russian tennis player
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Short stops
Joma Sport is sponsoring the Italian tennis player Marco Cecchinato...
Joma Sport is sponsoring the Italian tennis player Marco Cecchinato
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Short stops
Stewart Cink, British Open Champion in 2009 and six-time winner...
Stewart Cink, British Open Champion in 2009 and six-time winner of the PGA Tour, has formalized his relationship with Ping, the golf-club manufacturer, by signing a multi-year endorsement deal
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News briefs
Adidas is doubling the number of sneakers it makes from...
Adidas is doubling the number of sneakers it makes from ocean plastic this year, expecting to turn out 11 million pairs in cooperation with Parley for the Oceans. Adidas projected sales of about five million pairs of such Parley shoes in 2018, up from one million in 2017. The sporting goods ...
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Article
The EU is probing Nike’s tax treatment
The European Commission announced yesterday that it had opened an in-depth investigation into whether the tax rulings granted by the Dutch government to Nike's European operations may have given the group an unfair advantage over its competitors, in breach of the European Union's rules on state aid. Pointing out that ...
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Article
Nike’s digital disruption paid off in Q2
Crediting the efforts being made to execute its Consumer Direct Offense program, Nike reported better-than-expected results for the second quarter ended on Nov. 30. Revenues grew by 14 percent on a currency-neutral basis across the group, with increases of 14 percent for the Nike brand and 6 percent for Converse. ...
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Article
Nike has many outlet stores in the U.S. and Northern Europe
According to the company's two most recent annual reports, Nike added 40 stores worldwide between the end of its financial year in May 2017 and the end of the subsequent fiscal year in May 2018, for an increase of 3.5 percent. The total store count stood at 1,182 by May ...
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News briefs
Under Armour wants to remain committed to its original identity...
Under Armour wants to remain committed to its original identity as a performance brand, in the midst of the athleisure trend that has been characterizing the sportswear market over the last few years. In an interview with the Financial Times, Kevin Plank, the company's founder and chief executive, said that ...
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News briefs
Adidas has announced the start of the second tranche of...
Adidas has announced the start of the second tranche of a multi-year share buyback program launched last March. The group plans to repurchase around €800 million worth of its own shares during 2019. It already spent last year €1 billion to buy back 5.1 million shares, corresponding to 2.5 percent ...
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News briefs
A consortium of investors led by Anta Sports Products, China's...
A consortium of investors led by Anta Sports Products, China's largest sporting goods company, commenced a public cash tender offer for all the shares of Amer Sports on Dec. 20, following the approval of their bid by Amer's board of directors and. unanimously recommending that its shareholders should accept the ...
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News briefs
Rossignol has joined forces with Philippe Model, the French brand...
Rossignol has joined forces with Philippe Model, the French brand in the high-end sneakers' segment, on a new capsule collection. The Rossignol X Philippe Model Paris will be presented in a futuristic igloo-like installation in the garden of the Villa Vittoria, just outside Fortezza da Basso, on the occasion of ...
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News briefs
Adidas is reportedly planning to launch a signature shoe for...
Adidas is reportedly planning to launch a signature shoe for Donovan Mitchell. According to a report in SLCdunk.com, the shoe is set for launch in the third quarter of 2019. Mitchell, 22, plays for the Utah Jazz of the National Basketball Association (NBA). Prior to playing in the NBA, he ...
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News briefs
Marchon and Nike are partnering for the launch of Kevin...
Marchon and Nike are partnering for the launch of Kevin Durant's new KD Eyewear collection. Durant plays for the Golden State Warriors of the National Basketball Association (NBA). Marchon has a long-standing licensing agreement with Nike for the exclusive design, production and worldwide distribution of Nike optical and sunglass collections. ...
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News briefs
Cherokee Global Brands has signed up the Batra Group as...
Cherokee Global Brands has signed up the Batra Group as the licensee for its Tony Hawk brand of action sports apparel and accessories for Europe, the Middle East and Africa. Based in London and Mumbai, Batra is already a licensee for Cherokee's Hi-Tec and Magnum brands. The new partnership will ...
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News briefs
After two and a half years of development, Salomon is...
After two and a half years of development, Salomon is launching a new collection of skis, boots and bindings, called “Sons of a Blast,” with special new features. The skis use a new Edge Amplifier technology for improved power transmission. The boots also offer a more direct power transmission to ...
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News briefs
Eqpe is a new brand of ski apparel and accessories...
Eqpe is a new brand of ski apparel and accessories that has been designated as an official supplier of clothing for the FIS Alpine Ski World Cup when it moves to the Swedish resort of Åre in early February. It has been launched by Skistar, which owns and operates numerous ...
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News briefs
Scott Sports is re-launching the Powderhorn brand of jackets, vests...
Scott Sports is re-launching the Powderhorn brand of jackets, vests and other outerwear at the Pitti Uomo fair in Florence this week, followed by presentation at the Premium fashion fair in Berlin and at Ispo Munich. Scott will also present the line along with those of Dolomite and Poivre Blanc ...
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News briefs
Dynafit, Icebug and On have developed a “Clean Run Project”...
Dynafit, Icebug and On have developed a “Clean Run Project” for a sustainable, recyclable trail running shoe with the help of Peak Innovation and based on a consumer survey conducted through the Ispo Open Innovation platform. The products will be on display in the Shoe Village in Hall A4 of ...
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News briefs
Puma has reissued its RS-Computer shoe. The original RS-Computer, released...
Puma has reissued its RS-Computer shoe. The original RS-Computer, released in 1986, was purportedly the first shoe to incorporate a computerized sensor to record running statistics, such as time, distance and calories burned. It would connect to an Apple IIE or a Commodore 64 with a 16-pin cord. The current ...
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News briefs
Billabong is putting out a big collection of swimwear, shorts...
Billabong is putting out a big collection of swimwear, shorts and beachwear accessories in association with Julie Sariñana, a well-known, 32-year-old influencer who has gained five million followers on Instagram. Born in Mexico and living in Los Angeles, the fashion model started her own blog, called Sincerely Jules, in 2009. ...
