LATEST – Page 274
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News briefs
Adidas has unveiled a fully biodegradable running shoe made from...
Adidas has unveiled a fully biodegradable running shoe made from Biosteel fiber, a nature-based and completely biodegradable replication of natural silk. The Futurecraft Biofabric, which has been developed in partnership with AMSilk, was presented on Nov. 17. at the Biofabricate Conference in New York, where Adidas and AMSilk also announced ...
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News briefs
VF Corp. has reported that it managed to reduce its...
VF Corp. has reported that it managed to reduce its carbon emissions by 12 percent between 2011 and 2015, well beyond the 5 percent target the company had set itself. More than half of the total reduction was made possible by the increased use of clean energy, renewable energy credits, ...
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Article
Adidas posts a strong Q3, driven by sneakers
The Adidas Group reported a strong lift in third-quarter sales, which rose 17 percent on a currency-neutral basis, and the new management confirmed that it is on track to meet targets for a record year. In reported euros, group sales went up by 14 percent to €5,413 million.Adidas brand sales ...
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Article
Adidas’ new CEO launches Reebok’s overhaul
In his first public speech after taking the helm of the company on Oct. 1, Adidas' new chief executive, Kasper Rorsted, took the opportunity of the group's strong third-quarter results to give an insight into his plans for the group.While confirming the planned divestiture of TaylorMade, Adams and Ashworth, for ...
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Article
Under Armour invests to get big fast
Under Armour turned in yet another sharp increase in turnover for the third quarter, fueled by surging international and footwear sales, but the group's chief executive, Kevin Plank, explained that the company was over-investing in several aspects of its expansion to gain market share and move toward annual sales of ...
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Article
Affected by U.S. retail caution, Columbia rises in Europe
After a small decline in turnover and net income for the third quarter, Columbia Sportswear has adjusted its sales guidance for the full year, estimating that sales should increase by about 4 percent, including less than one percentage point of negative impact from currency exchange rates.The group's sales dipped by ...
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News briefs
In May 2017, Columbia Sportswear will relocate the headquarters of...
In May 2017, Columbia Sportswear will relocate the headquarters of Sorel and 45 employees to the downtown area of Portland, Oregon, but it will keep its own global head office in Washington County, where it moved from downtown Portland in 2001. Columbia bought Sorel in 2000. Tim Boyle, chief executive ...
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News briefs
The Adidas Group is resuming its share buyback program today,...
The Adidas Group is resuming its share buyback program today, based on the authorization given at its annual meeting on May 12. After two previous tranches of stock repurchases conducted in the last two years, involving a total of 9,018,769 shares that represented 4.31 percent of its share capital, the ...
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News briefs
Amer Sports has promoted Bill Kirchner to vice president and...
Amer Sports has promoted Bill Kirchner to vice president and general manager for the Americas. Most recently, he served as vice president of U.S. sales for Wilson Sporting Goods, prior to his added responsibilities at the parent company, Amer Sports. Kirchner has worked at Wilson for 32 years. In his ...
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News briefs
Polartec has released a new version of its NeoShell waterproof...
Polartec has released a new version of its NeoShell waterproof fabric, specifically designed for Teton Bros, the Japanese apparel brand. The new NeoShell has been tailor-made for Teton Bros' Special Edition Jacket. Teton, which makes apparel for high-exertion activity in mountainous areas, was one of the first brands to use ...
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News briefs
Burton Snowboards has associated itself with Black Scale, the irreverent...
Burton Snowboards has associated itself with Black Scale, the irreverent brand of casualwear, for a collection of lifestyle clothing that has just hit the market with a selective distribution. As Burton puts it, Black Scale reinterprets logos and graphics inspired by religion, politics, personal identity and death.
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News briefs
Patagonia will be using Lenzing's Tencel closed-loop fibers in its...
Patagonia will be using Lenzing's Tencel closed-loop fibers in its products starting next spring. The new material that Lenzing has developed turns pre-consumer waste cotton scraps, which would otherwise be discarded, into Tencel fibers. The process consists in taking the fabric scraps from post-industrial waste, removing contaminants such as resins ...
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News briefs
Adidas confirms that it has sealed a partnership with Kristaps...
Adidas confirms that it has sealed a partnership with Kristaps Porzingis, a fast-rising Latvian player in the National Basketball Association (NBA). The Vertical writes that the agreement was signed for seven years and that it makes Porzingis the highest-paid European sneaker endorser in NBA history. The publication puts the deal ...
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News briefs
Under Armour is celebrating the launch of Stephen Curry's signature...
Under Armour is celebrating the launch of Stephen Curry's signature footwear collection, the Curry 3, with a new campaign starring the professional basketball player. The spot is set in the San Francisco Bay area and is shot by Harmony Korine, the American film director and screenwriter best known for writing ...
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News briefs
New Era has announced an expanded global licensing partnership with...
New Era has announced an expanded global licensing partnership with the National Basketball Association (NBA) that makes the brand the official authentic headwear provider of the NBA, the Women's National Basketball Association (WNBA) and the NBA Development League (NBA D-League). The new multiyear deal comes as New Era and the ...
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News briefs
Aspom, the European digital platform that advertises employment offers and...
Aspom, the European digital platform that advertises employment offers and internships in the sports and lifestyle sector, is coming out with a new identity to take advantage of the growing digitalization. Aspom says it has successfully connected more than 350 companies with 20,000 quality candidates.
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News briefs
CCM Hockey will be the new main sponsor of the...
CCM Hockey will be the new main sponsor of the Swedish Ice Hockey Association over the next five years. At the same time, Intersport Sweden has deepened its partnership with the organization and has become an official partner with the exclusive rights to sell Tre Kronor and Swedish Ice Hockey ...
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News briefs
Ping has announced a multi-year sponsorship deal for equipment and...
Ping has announced a multi-year sponsorship deal for equipment and accessories with Aaron Baddeley, the 35-year-old Australian golf player who has won the PGA Tour four times. Adams Golf was his previous sponsor for equipment, bags and hats.
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News briefs
Lowa invited 170 sales professionals from the German shoe and...
Lowa invited 170 sales professionals from the German shoe and sporting goods retail sector to some very special events in Nuremberg, Hinterzarten and Rettenberg in Bavaria. Professional actors integrated participants in a crime comedy act that was written exclusively for Lowa. The act combines the crime story with elements of ...
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News briefs
Decathlon has withdrawn an advertising poster promoting ammunition for hunting...
Decathlon has withdrawn an advertising poster promoting ammunition for hunting migratory game birds in the city of Ajaccio, the capital of the French island of Corsica. It featured a bird accompanied by a large script reading as “special migration” (Migration Special). The message of the poster was diverted by Nordpresse.be, ...
