LATEST – Page 279
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Article
Hainer delivers a “fantastic” last quarter at Adidas
Herbert Hainer, departing chief executive of the Adidas Group, said that he “saved the best for last” as he outlined the company's outstanding performance for the second quarter. As previously announced, ample gains in sales and profits for the three months led to another upgrade in the group's forecast for ...
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News briefs
Adidas has announced it will open its first Speedfactory for...
Adidas has announced it will open its first Speedfactory for the U.S. market in the Atlanta, Georgia area in 2017. The purpose of the new highly automated shoe factory is to allow the sporting goods giant to create products faster and closer to its consumers in the U.S., with more ...
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Adidas Originals is opening this week a new flagship store...
Adidas Originals is opening this week a new flagship store on Spring Street in New York City
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Columbia Sportswear has won a summary judgement in Portland federal...
Columbia Sportswear has won a summary judgement in Portland federal court regarding one of the patents covering its Omni-Heat reflective insulation technology. The Oregon judge found that the “overall visual effect” of the dot pattern used by Columbia was “nearly identical” to that of Seirus Innovative Products' range of Heatwave ...
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News briefs
Eider will include a new “beard-friendly'' ski jacket in its...
Eider will include a new “beard-friendly'' ski jacket in its 2016-2017 winter collection. Using a “Fix A Shape” zipper developed exclusively for the French winter-sports clothing maker by YKK of Japan, the “Shaper” jacket features a concave curve around the upper part of the face combined with a zip fastener ...
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News briefs
Patagonia has announced that its Nano Puff styles will now...
Patagonia has announced that its Nano Puff styles will now use PrimaLoft Gold Insulation Eco, an eco-friendly synthetic insulation made with 55 percent recycled content. PrimaLoft presented Gold Insulation Eco at the recent OutDoor exhibition in Friedrichshafen in mid-July. PrimaLoft Gold Insulation Eco will be featured exclusively in the Nano ...
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News briefs
Chervò has launched a new online app advising golfers on...
Chervò has launched a new online app advising golfers on the weather forecast and the most suitable outfit to wear for the conditions. The app can be downloaded for free from the App Store for iPhone and iPad users. This is the first-ever app that the Italian golf and leisure ...
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News briefs
Dynafit is voluntarily recalling all the men's and women's models...
Dynafit is voluntarily recalling all the men's and women's models of its Khion boot in the U.S. because of an undisclosed safety issue that could cause a fall or an injury. The users are entitled to a new ski boot or a refund.
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Michelin Technical Soles is unveiling a new partnership with Shimano...
Michelin Technical Soles is unveiling a new partnership with Shimano at the Eurobike show in Friedrichshafen on Aug. 31, while confirming its collaboration with Northwave
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Stubai is recalling about 20 Tour Lite Telescope ice axes...
Stubai is recalling about 20 Tour Lite Telescope ice axes sold in the U.S. because the knife in the handle can detach, causing possible laceration
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Anta Sports is partnering with Noble Biomaterials to use its...
Anta Sports is partnering with Noble Biomaterials to use its XT2 odor management technology in mainland China
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News briefs
The German Olympic Sports Confederation (DOSB), which was formed from...
The German Olympic Sports Confederation (DOSB), which was formed from the tie-up between the German Sports Confederation and the National Olympic Committee for Germany ten years ago, has extended its partnership with Adidas. The company's latest deal as official sponsor and outfitter covers four winter and summer Olympic Games until ...
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News briefs
Nike has released “Unlimited Together,” a new film celebrating the...
Nike has released “Unlimited Together,” a new film celebrating the strength of the U.S. men's and women's basketball teams in pursuit of the shared goal of the Olympic gold medal. The film is directed by Hiro Murai and is part of Nike\'s “Unlimited” campaign, which celebrates athletes around the world, ...
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News briefs
Speedo has announced the launch of a new website for...
Speedo has announced the launch of a new website for China – speedo.com.cn – to meet the rapid growth of the local swimwear market. The company said the preparation for the launch required 18 months of collaborative work between its teams at its Nottingham headquarters, in the U.K., Hong Kong, ...
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Noah and Josephus Lyles, two American teenage brothers who have...
Noah and Josephus Lyles, two American teenage brothers who have been competing on college running events, have signed eight-year sponsorship deals with Adidas
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Article
Adidas raises its guidance
A few days before it was due to announce its quarterly performance on Aug. 4, the Adidas Group raised its guidance for the full year, on the back of a 13 percent sales increase to €4.4 billion in the three months to the end of June, and an operating profit ...
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Article
Adidas opens up and gets faster
The Adidas Group wants to get more creative talent involved in its product development, to invest over-proportionally in key cities and to speed up its production, in order to get closer to consumers. The initiatives form the three pillars of Creating the New, the strategic five-year plan unveiled by Adidas ...
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Article
Adidas expands head office to support ongoing growth
Adidas has recently laid the foundation stone for two new staff buildings at its headquarters in Herzogenaurach. “Campus Expansion South” is to include a new office building for more than 2,000 employees as well as an events building with a restaurant for the employees. The expansion will also involve the ...
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Article
Under Armour sells more but makes a loss
As usual, Under Armour posted strong sales for the second quarter, boosted by Stephen Curry's performance and demand for his shoe line, but profits were hit by a $23 million write-off of bad debt from the bankruptcy of The Sports Authority, the big American sporting goods retail chain, and a ...
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Article
Weak growth for Columbia
Columbia Sportswear's sales were up by just 2 percent in dollars and local currencies in the second quarter ended June 30, but they still reached a record level of $388.8 million for the period. The variation is not very significant as this is the weakest quarter in the group's financial ...
