LATEST – Page 298
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News briefs
Joma Sport has become the official sponsor of the Olympic...
Joma Sport has become the official sponsor of the Olympic Committee of Portugal (COP). The deal signed between the Spanish sports company and the Olympic and Paralympic committees earlier this month runs until 2020, including the Rio Games next year as well as the Tokyo Olympics in 2020. The partnership ...
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Adidas has inked a five-year agreement with Louisiana Tech University...
Adidas has inked a five-year agreement with Louisiana Tech University Athletics to outfit its 16 men's and women's teams in Adidas uniforms, apparel, footwear and equipment through the 2021-22 season. The partnership starts in July, except for women's basketball because that team has one year left on a deal with ...
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Article
Buoyant quarter at Adidas, cuts in golf business
The Adidas Group enjoyed an impressive sales increase for the third quarter, which encouraged the company to raise its guidance for the full year. Sales jumped by 17.7 percent to €4,758 million, amounting to a rise of 13 percent in constant currencies, with ample sales and profit gains in Western ...
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Sneaker trends and key accounts lift Adidas’ sales in Europe
As detailed above, the strong performance of the Adidas Group in the third quarter was lifted by a 20.1 percent jump in the sales of the Adidas and Reebok brands in Western Europe. Their turnover in the region reached €1,404 million, up by 18.0 percent in local currencies. The management ...
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Hainer says Adidas is untarnished by football scandals
While savoring the company's performance for the third quarter, the Adidas Group's chief executive, Herbert Hainer, had to brave questions about the turbulence at Fifa and the German football federation (DFB), which are both Adidas partners.Hainer said in a conference call that the uptick in Adidas' sales indicated that consumers ...
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News briefs
Adidas is offering design resources and financial assistance to high...
Adidas is offering design resources and financial assistance to high schools in the U.S. that want to change their mascot names and identities, to move away from mascots with “potentially harmful” Native American imagery or symbolism. Aligned with the Adidas Group's “open source” strategy, the voluntary initiative was announced in ...
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News briefs
MBT, the company reportedly acquired by Star 360 of Singapore...
MBT, the company reportedly acquired by Star 360 of Singapore for $10 million three years ago, is introducing next spring its own line of running shoes, consisting of three styles, accompanies by branded compression apparel and socks. The shoes feature the brand's rocker construction and use a proprietary sensor technology ...
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News briefs
Authentic Brands Group, which recently acquired the Tretorn brand from...
Authentic Brands Group, which recently acquired the Tretorn brand from Puma, has appointed Marc Fisher Footwear as its footwear licensee. For Authentic Brands, which is more specialized in apparel, the deal indicates that the Tretorn brand will move more into the luxury market, especially in footwear.
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News briefs
Bench is licensing out the Deichmann group for its footwear....
Bench is licensing out the Deichmann group for its footwear. Deichmann will sell the brand in its own Deichmann, Roland, MyShoes and Ochsner Shoes stores in Germany, Austria and Switzerland, starting with the autumn/winter 2016/17 season.
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News briefs
Hoka One One turned out as the third most prominent...
Hoka One One turned out as the third most prominent brand of running shoes in last month's Ironman World Championship in Kailua-Kona, Hawaii. Based on the shoe count carried out by Shoe Ranger, it was worn by 11.6 percent of the participants in the triathlon event. The top two brands ...
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News briefs
Jack Wolfskin won one of the 15 German Design Awards...
Jack Wolfskin won one of the 15 German Design Awards given for 2016 in the sports, outdoor and leisure activities for its ergo-dynamic EDS backpack technology. The company's Texapore Downshell Tec jacket got a “special mention.”
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News briefs
Columbia Sportswear has launched a pilot of the ReThreads apparel...
Columbia Sportswear has launched a pilot of the ReThreads apparel and footwear recycling program, a special initiative designed to simplify post-consumer recycling, in partnership with I:CO. Columbia is installing collection bins at its stores in which customers can drop off their used clothing and shoes for recycling. The pilot was ...
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Article
Strong results at Columbia, except in Russia and Asia
A slump of more than 30 percent in sales to distributors in Europe, the Middle East and Africa hurt Columbia Sportswear's performance in the region for the third quarter. Chiefly attributed to Russia, where Columbia works through Sportmaster, this decline could not be entirely compensated with sales expansion at a ...
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Article
Anta invests in Chinese football
Anta Sports, the leading Chinese sports brand, wants to turn global football into one of the most important categories for its development in the coming years. It has adopted a “Play is All” strategy that ranges from the development of adjusted products for China's young players to increased investments to ...
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News briefs
Rossignol has signed a five-year partnership deal with CEA Tech...
Rossignol has signed a five-year partnership deal with CEA Tech for the development of innovative products for winter sports. CEA Tech is a French-based R&D organization, which develops technologies of interest to all industries. Like Rossignol, CEA Tech is also based in Grenoble, in southeastern France. Around 30 Rossignol staff ...
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News briefs
Pádel is a big sports activity in Spain. Both Asics...
Pádel is a big sports activity in Spain. Both Asics and Kelme have decided to move into the pádel equipment segment in the country. Kelme, which has its base in Spain, has announced the launch of its first line of sports-specific shoes and racquets. Asics Iberia says it will introduce ...
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News briefs
Nike has created an expensive version of its Air Jordan...
Nike has created an expensive version of its Air Jordan to mark the 30th anniversary of the brand, which has been generating an increasing amount of cash for the company. The new model, called Air Jordan 1 Pinnacle, features full-grain leather and 24-carat gold plating on the eyelets and other ...
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News briefs
Moncler launched a new capsule collection in collaboration with FriendsWithYou...
Moncler launched a new capsule collection in collaboration with FriendsWithYou to celebrate the opening of its flagship store in Tokyo. FriendsWithYou, an art duo based in Los Angeles, will enliven Moncler's down jackets, t-shirts, sweaters and sneakers with pop images reproducing their art works. The new Moncler collection is entitled ...
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News briefs
W.L. Gore will restructure its various labels for items being...
W.L. Gore will restructure its various labels for items being introduced by manufacturers for the autumn/winter 2016/17 season, in connection with the launch of two new products, Gore Thermium and Gore Windstopper with Insulation. Designed to protect insulated fabrics from cold rain and snow, Gore Thermium has been adopted by ...
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News briefs
Reebok has announced a sponsorship deal with Chris Weidman, the...
Reebok has announced a sponsorship deal with Chris Weidman, the undefeated American mixed martial artist who is the current UFC (Ultimate Fighting Championship) middleweight champion. Weidman, 31, who is also known as the “All American,” was presented with his own customized Reebok shoe, decked out in an American-flag decor. He ...