LATEST – Page 255
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Article
Anta reaps the benefits of brand and retail investments
Anta Sports Products is continuing to reap the benefits of its multi-brand and multi-channel strategy, with a sales rise of 19.2 percent to 7,323.2 million yuan renminbi (€930.1m-$1,099.4m) for the first half of this year, fueled by increased demand for running and football products.Due to the expansion of its retail business ...
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Article
Adidas charges ahead
While two leading rivals are cutting back and rejigging their organization, the Adidas Group continued to charge ahead with sharp gains in sales and adjusted operating profit for the second quarter, spread across all markets other than Russia.The group had already made it clear through an upgraded guidance last month ...
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Article
Under Armour restructures
Under Armour is preparing to cut about 2 percent of its workforce as part of a restructuring plan that is meant to align its resources to market developments, and particularly the brand's sluggishness in North America.The move is strongly reminiscent of the cutbacks launched a few weeks ago by the ...
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Article
International fuels Under Armour’s sales
Under Armour unveiled its latest restructuring plans as it reported a sales rise of 8.7 percent to $1,088.2 billion for the second quarter, up by 8 percent in constant currencies. The increase was entirely driven by international markets. Sales in North America were nearly flat, up 0.3 percent to $829.8 ...
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News briefs
A Chinese court has ruled that Under Armour is owed...
A Chinese court has ruled that Under Armour is owed 2 million yuan renminbi (€0.26m-$0.30m) in damages by the Chinese company that has been selling the Uncle Martian brand with a logo uncannily similar to Under Armour's, according to the U.S. group's lawyers. Uncle Martian was launched last year by ...
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News briefs
Erima has struck out in a new team sports direction...
Erima has struck out in a new team sports direction by closing its first co-operation agreement with a futsal team, SSV Jahn 1889 from Regensburg in Germany. Futsal is a variation of soccer played with five players per team and on a smaller pitch, typically indoors. Erima will equip both ...
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News briefs
Mizuno is attempting to make further inroads into the lucrative...
Mizuno is attempting to make further inroads into the lucrative handball market. The company has signed a contract to provide team jerseys and other gear to the women's team of Frisch Auf Göppingen, which plays in the first division of the German Handball League, ahead of the season opening in ...
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News briefs
Deichmann has brought a new look to its range by...
Deichmann has brought a new look to its range by launching nine styles of sneakers from Adidas, Fila, Nike and Puma. They became available online and in selected stores at the end of July. The low-cost German shoe retailer is promoting the collection under the title #Athlashion by Deichmann, with ...
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News briefs
Decathlon has launched a small range of Nordic walking shoes...
Decathlon has launched a small range of Nordic walking shoes under its Newfeel label, which focuses on walking. The French retailer explains that the Nordic Walking shoes were designed to be flexible, with a special Flex-H concept for the outsole, while providing traction and cushioning. The company has added an ...
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News briefs
Thermore has announced the introduction of Thermore Freedom, a new...
Thermore has announced the introduction of Thermore Freedom, a new type of synthetic thermal insulation that is said to stretch and move with an elasticity improved by up to 40 percent as compared to the similar products available on the market. The Italian company has also announced that Peta (People ...
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News briefs
Dickies and Prana have joined HeiQ's list of brand partners...
Dickies and Prana have joined HeiQ's list of brand partners that use its technical textile finishing products. Dickies presented its new Cooling Tees empowered with HeiQ Smart Temp to retailers at this year's Outdoor Retailer (OR) Summer Market trade show, which took place in Salt Lake City on July 26-29. ...
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Short stops
Pinarello has introduced the first electronic bike suspension system, in...
Pinarello has introduced the first electronic bike suspension system, in cooperation with HiRide
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Short stops
Puma has won a Red Dot Award for the design...
Puma has won a Red Dot Award for the design of its multi-functional Evoknit Move Infinite jacket
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Short stops
Replacing Adidas, New Balance has signed up Artur Boruc, goalkeeper...
Replacing Adidas, New Balance has signed up Artur Boruc, goalkeeper for the Bournemouth team and the Polish national team
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News briefs
Ahead of his final race in a career famed for...
Ahead of his final race in a career famed for its speed and success, Usain Bolt was awarded a special pair of Bolt Legacy Spikes by Puma. Bolt, who finally came third in an anticlimactic finish to the final of the World Athletics Championship 100-meter sprint, has attained legendary status ...
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News briefs
Nike has extended its partnership with the UK Athletics Federation,...
Nike has extended its partnership with the UK Athletics Federation, making it run until 2030. The contract doesn't cover the participation of its athletes in the Olympic Games, which has been sponsored lately by Adidas. The terms of the new contract have apparently changed, giving more support for creating the ...
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News briefs
Adidas trails only the police for attractiveness as a future...
Adidas trails only the police for attractiveness as a future employer in the opinion of German students. In a recent survey on careers conducted with more than 20,000 students between the ages of 13 and 18, the sports brand was ranked first in the fashion industry and second overall out ...
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Article
Stronger growth again in sports shoes than garments
This came out for the fourth year in a row from the annual study conducted by Sporting Goods Intelligence on the global branded athletic footwear and apparel markets. While the sports shoe market grew by 8.5 percent to an estimated $57.97 billion last year in terms of the vendors' revenues, ...
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Article
Adidas raises guidance, sells CCM Hockey
The Adidas Group has again raised its guidance for the full year, after its sales increased by 20 percent to €5.0 billion for continuing operations in the second quarter, up by 19 percent in constant currencies, and operating profit surged by 18 percent to €505 million.The group issued preliminary figures ...
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Article
U.S. consumers prefer to buy Nike on Amazon than Foot Locker
Surprisingly, U.S. consumers preferred to buy Nike products on Amazon than at Foot Locker stores in the first half of this year. According to a new survey conducted by UBS among 1,000 American consumers, their preference for Amazon rose to 13 percent of the sample during the period from 10 ...
