All Lifestyle products articles – Page 3
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News briefsUnder Armour opens two new stores in Italy with Oberalp
Oberalp Group, the exclusive distributor of Under Armour in Italy, has recently opened two new Under Armour stores in the country. There’s a new Under Armour Brand House at the new Merlata Bloom shopping mall near Milan since Nov. 15, with 140 sqm focusing on training, running and sportstyle. In ...
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News briefsSurf Expo announces diverse exhibitor list for January show
US-based trade show organizer Emerald announced that Surf Expo, returning to the Orange County Convention Center in Orlando, Florida, on Jan. 10-12, will feature a diverse lineup of more than 700 exhibitors. The list also includes nearly 100 new brands in the surf, bluewater, boutique, coastal gift, footwear, paddle, resort, ...
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News briefsNobis expands global presence with first stores in China
Nobis Inc, a Canadian outerwear and accessories brand available in over 35 countries in the Americas, Europe and Asia, announced the opening of three new stores in Beijing and Shanghai, marking the brand’s entry into the Chinese retail market. This expansion is the first step of a joint venture with ...
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News briefsBogner opens first concept store in UK, two doors in the US
German luxury sports label Bogner announced the opening of its first standalone store in the UK in partnership with the London-based activity company The Bergladen Group. The five-storey store is located in the heart of London’s Mayfair neighbourhood and a clear sign for Bogner’s international expansion aspirations, having recently opened ...
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ArticleSports eyewear market to post 7.3% CAGR by 2027, says new report
The global sports eyewear market was valued at $5.7 billion in 2019 and is projected to reach $8.9 billion by 2027, representing a compound annual growth rate (CAGR) of 7.3 percent from 2021 to 2027, according to a new report by Allied Market Research. Key growth drivers will include a ...
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News briefsCastore secures £145 million investment
British sportswear brand Castore has announced that it has secured growth investment in a funding round led by Raine Partners, the equity arm of The Raine Group. Hanaco Ventures and Felix Capital also participated in the investment through their respective growth funds. The £145 million (€169m) investment will allow Castore ...
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ArticleZumiez braces for FY loss despite higher Blue Tomato sales
Zumiez is now forecasting a full-year net loss and annual sales to fall more than 8 percent after reporting a net loss of $2.23 million against a profit of $6.9 million in Q3 ended Oct. 28. The operating loss was $157,000 against $10.4 million as gross margin contracted 70 basis ...
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News briefsMunich opens its largest flagship in central Madrid
Spanish sneaker brand Munich is opening a new flagship store at Calle de Fuencarral 5, in the premises previously occupied by a Mr Wonderful stationery shop. Calle de Fuencarral is one of Spain’s capital’s main shopping destinations and tourist areas. The new store will be the largest in Munich’s retail ...
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News briefsEssilorLuxottica secures Moncler eyewear license
EssilorLuxottica and Moncler have announced the signature of an exclusive licensing agreement for the design, production and global distribution of Moncler-branded eyewear, including eyeglasses and sunglasses. The agreement will be in effect from January 2024 until December 2028 with an automatic renewal option for five more years, and the first ...
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News briefsIconix acquires British streetwear label
The US brand management group Iconix International has acquired a majority stake in the British streetwear brand Hoodrich, thereby expanding its brand portfolio, which already includes Umbro, Pony, Ocean Pacific and Lee Cooper. The terms of the transaction were not disclosed. Hoodrich founder Jay Williams will retain a minority stake. ...
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News briefsFusalp’s CEO resigns from the role, remains involved with the brand
Alexandre Fauvet, who has served as the chief executive of French sports apparel brand Fusalp for nearly ten years, is leaving the role. He will continue to be involved with the brand as a strategic committee member and minority shareholder. Fauvet was appointed Fusalp’s chief executive in 2014 when Philippe ...
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ArticleStrong e-commerce sales bolster Björn Borg results
Björn Borg’s own e-commerce sales increased by 25 percent in Q3, with own comparable store revenues increasing by 16 percent but down 4 percent overall due to planned store closures. Within e-commerce, sports apparel sales grew by 58 percent year-over-year, bag sales rose by 59 percent, and footwear sales stepped ...
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News briefsNapapijri appoints Christopher Ræburn as Creative Director
Napapijri has appointed British fashion designer Christopher Ræburn as Global Creative Director. In this role, Ræburn will be responsible for making the brand more design-oriented and even more sophisticated, as well as placing great emphasis on responsible materials and innovation. The British designer became Artistic Director at the Swiss company ...
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ArticleOn Holding maintains lofty objectives despite moderating wholesale revenues
The Swiss company On Holding, which intends to double its net sales by 2026, increase its gross profit margin to above 60 percent and push its adjusted Ebitda above 18 percent, is only forecasting high-single-digit wholesale growth in Q4 2023. Direct-to-consumer sales (DTC), meanwhile, are expected to continue their torrid ...
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News briefsNew sustainable Lycra fiber
The Lycra Company announced the launch of the new Lycra FiT400 fiber for knits, which helps set the stage for circularity, a key priority for the company. Lycra’s latest EcoMade offering is a bicomponent fiber engineered to optimize the performance and comfort of knits. According to the company, it delivers ...
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News briefsPuma introduces mismatched Gremlins shoe
Puma has announced an exclusive collaboration with Warner Bros. Discovery Global Consumer Products, bringing fans the Puma x Gremlins Hoops Capsule Collection featuring Gizmo and Gremlins leader Stripe from the classic 1984 Warner Bros. film. The mismatched pair of shoes features Gizmo on one side and Stripe on the other, ...
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ArticleAsics lifts FY outlook again as 9-month grows by 73%
Asics Corp. has raised its annual outlook three months after suggesting its financial year sales will likely reach a record high. The Japanese group is now forecasting annual revenues at ¥570.0 billion (€3.53bn), up 3.6 percent from an early August estimate, and FY operating profit of ¥52.0 billion (€321.8m), up ...
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ArticleAlpargatas reports Q3 loss despite improving trends
Despite reporting 23 percent less unit volume to 51 million pairs, a 10.4 percent drop in period revenues to $896 million (€171.7m), and a net loss of R$8.5 million (€1.6m), Alpargatas realized improving trends in product sellthrough levels in the period ended Sept. 30. The result was a normalization of ...
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ArticleAdidas inventory cuts improve; sees strong demand for Samba, Gazelle
Adidas posted third-quarter figures in line with preliminary estimates released in October and added that its inventory-reduction plan had gone a little better than expected in the latest three-month period, also noting that retailers were “visibly” interested in its autumn/winter 2024 range, especially around its Samba, Gazelle and Spezial ranges. ...
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ArticleWolverine Worldwide accelerates transformation plan
Wolverine World Wide, Inc., the owner of a large brand portfolio, including Merrell, Saucony, Sperry, Sweaty Betty, Hush Puppies and Wolverine, announced actions to accelerate its ongoing strategic transformation into a “brand-led and consumer-obsessed growth company.” Chris Hufnagel, President and CEO, said: “We are moving with speed and urgency to ...
