All Lifestyle products articles – Page 14
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News briefs
Veja opens first Berlin store
Source: Veja Veja Store Berlin The French sneaker brand Veja has opened its first store in the German capital. Located in the central and historic district of Berlin Mitte, the footwear brand offers its line in a 100 sqm shop. Veja’s minimalist corporate design is already found ...
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Frasers Group buys stake in fashion marketplace MySale
Frasers Group, the owner of Sports Direct, has acquired a 28.7 percent stake in MySale, an off-price fashion marketplace headquartered in Sydney and listed on the London Stock Exchange (LSE). The financial terms of the deal have not been disclosed. In a filing with the LSE, Frasers explained that the ...
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Wolverine sells Champion footwear license to HanesBrands
Wolverine Worldwide has announced that its wholly-owned subsidiary Keds, LLC has sold the Champion trademarks for footwear in the U.S. and Canada to HanesBrands Inc (its licensee for over 35 years) for $90 million in cash. As part of the agreement, Wolverine retains a perpetual license to continue using the ...
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StockX to lay off 8% of its workforce
According to several media reports, the sneaker marketplace StockX announced this week that it will lay off 8 percent of its workforce. The Detroit-based company employs more than 1,500 people, so the number of layoffs is likely to be 120 or more. StockX cited “macroeconomic challenges currently impacting our global ...
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Article
Saysh secures $8m in funding from Gap's Athleta and others
Consumer-focused fund IRIS and Gap Inc.’s performance lifestyle brand Athleta have led an $8 million Series A funding round for startup sneaker and lifestyle company Saysh. Other investors in the funding round include the 50-percent female early-stage team at Redpoint Ventures, a venture capitalist that has successfully invested in companies ...
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Mbappé partners with WME to create his own content production company
Football star Kylian Mbappé signed an agreement with WME Sports and established his own content creation arm, Zebra Valley. WME Sports is the sporting department of Hollywood talent agency WME. Aged only 23, Mbappé won the 2018 FIFA World Cup in Russia with the France national team and four Ligue ...
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Turtle Fur changes hands
IcebVenture 7 Advisors announced that private equity firm Camano Capital has acquired a majority stake in Turtle Fur, a Vermont-based manufacturer and distributor of headwear and accessories for the snowsports and lifestyle markets. Richard Sontag, owner of Turtle Fur, will retain a partial stake in the company. Venture 7 Advisors ...
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Canadian Tire Corp launches first own activewear brand
Canadian Tire Corporation (CTC) has launched its first own activewear label, called Forward With Design (FWD), which was designed, developed and engineered in-house. CTC is a Canadian group of companies that includes a retail segment, a financial services division and a real estate investment trust. In the sports business, the ...
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Varlion presents official racquet of the Human Pádel Open
Varlion is now producing the official racquet of the Human Pádel Open, scheduled for June 13-19 in Toulouse, France, and organized by the World Pádel Tour. Called the (R)evolución, the racquet will be a limited edition of 750 units and sold through Varlion’s website, the website of retailer Padel Nuestro ...
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SNS works with Bleckmann
The Swedish company SNS (Sneakersnstuff) has entered into a partnership with Dutch logistics company Bleckmann for all logistics handling in Europe. SNS was founded in 1999 and has worked on more than 200 cooperation projects with major footwear brands since 2003. The company started as a local store in the ...
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Woolrich posts 22% sales increase
Woolrich achieved a 22 percent sales increase in 2021 compared to the previous year. The sales growth was primarily attributed to its new business mix, based on a renewed focus on directly operated retail via both the brick-and-mortar and online channels. Stefano Saccone, who joined Woolrich as CEO in 2019 ...
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Björn Borg with best Q1 sales in history
Total net sales from the Swedish Björn Borg Group increased 22.7 percent to 226.6 million Swedish kronor compared to SEK 184.7 in the corresponding quarter last year. Operating profit was SEK 29.3 million (€2.79m), up 30.8 percent from last year’s SEK 22.4 million. Gross profit margin decreased slightly to 50.0 ...
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New brand director at Chiemsee
Source: Chiemsee GmbH & Co. KG Alexander Timmers With immediate effect, Chiemsee has a new brand director in Alexander Timmers. He succeeds Lutz Mai, who is leaving the company at his own request at the end of June. Timmers has many years of experience in sales, marketing ...
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Brooks partners with Lisa Congdon on latest “Run Proud” collection
Every spring, Brooks releases a “Run Proud” collection as part of its celebration of the LGBTQ+ community and Pride. The running brand has teamed up with queer artist and illustrator Lisa Congdon on a collaborative range this year. The apparel and accessory collection is now available in men’s and women’s ...
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Arklyz acquires sneaker retailer Asphaltgold
Arklyz, the owner since 2021 of The Athlete’s Foot, the sports lifestyle footwear banner previously owned by Intersport International (IIC), has added Asphaltgold, a European omnichannel provider of high-end sneakers and streetwear based in Darmstadt, Germany, to its portfolio. “The acquisition of Asphaltgold was a very strategic decision for us,“ ...
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Snipes acquires Croatian retailer Shooster
Following its successful expansion into Poland (acquisition of the Distance fashion chain in June 2021) and the takeover of the American retail chains Jimmy Jazz and Expressions in the same year, Cologne-based sneaker and streetwear retailer Snipes is continuing its expansion course with the acquisition of Croatian retailer Shooster. Alongside ...
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Sanuk releases gender-neutral footwear collection in partnership with Pacific Pride Foundation
U.S. footwear company Sanuk, a division of Deckers Brands, announced the next version of its partnership with the Pacific Pride Foundation, the largest LGBTQ+ center between Los Angeles and San Francisco that works to create a thriving and visible LGBTQ+ community. Created in collaboration with artist and designer Maggie Johnson, ...
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Article
EMEA paces Havaianas’ growth for Alpargatas
Alpargatas realized 17 percent currency-neutral growth for its rubber sandal brand outside of Brazil in the first quarter to 342 million Brazilian reais (€58.2m) as total pairs sold increased 11 percent to 8.9 million. The EMEA region led Havaianas’ sales gains internationally, rising 25 percent currency-neutral to R$207.9 million (€35.4m) ...
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Coca-Cola opens first flagship in Europe, including sportswear
Coca-Cola Great Britain runs the just opened first flagship store of the brand in Europe, located on Long Acre, Covent Garden. The new retail store is offering a range of limited-edition apparel collections and designer collaborations as well as gifts, merchandise and drinks. The Coca‑Cola clothing collections ...
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Crocs releases 2021 ESG report, ships first shoes made from partially bio-based material
U.S. footwear brand Crocs has released its 2021 environmental, social and governance (ESG) report, highlighting its efforts and plans to improve sustainability topics. As announced last year, the company plans to have become net zero and cut half of the emissions occurring during shoe production by 2030. Furthermore, Crocs wants ...