All Lifestyle products articles – Page 4
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News briefsOn opens second London store
Swiss sportswear brand On is opening a second London store on Nov. 3. After unveiling a three-story flagship store in London’s Regent Street in February, the brand will now inaugurate a new location at 37 Brushfield Street at Spitalfields Market, in East London. The new 280-sqm store will sell the ...
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News briefsVF Corp. targeted by another activist investor
Only one week after Engaged Capital set its sights on VF Corp., a second activist investor, Los Angeles-based Legion Partners, has acquired an undisclosed stake in the company and wants it to divest brands such as Timberland, Bloomberg reported, citing sources familiar with the matter. VF just named former Nike ...
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News briefsDTC brand Red Run opens flagship in Liverpool
Red Run, an active streetwear brand for women based in Liverpool, England, founded in 2020 during the Covid lockdowns, has opened a 130-sqm flagship store in the Liverpool ONE shopping, residential and leisure complex. To complement Red Run’s direct-to-consumer offering, the brand has partnered with Asics to sell a range ...
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News briefsFarfetch receives EC clearance to buy stake in Yoox Net-A-Porter
Farfetch, the Internet platform for luxury goods, is cleared by the European Commission to acquire a 47.5 percent equity stake in Yoox Net-A-Porter (YNAP) in exchange for Farfetch Class A ordinary shares going to Richemont, a publicly traded company on the Swiss Exchange that operates three luxury business units. Yoox, ...
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ArticleVF Corp. investor pushes for turnaround plan
In a presentation, California-based activist investor Engaged Capital outlined that the parent company of Vans, The North Face (TNF), Timberland, Supreme and others is suffering from bloated overhead that is driving down shareholder value and called for a more detailed turnaround plan for VF Corp. It said that the overhead ...
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News briefsVictoria’s Secret will expand its swim and sportswear offering
Victoria’s Secret has announced plans to widen its swim and sportswear offering to bring customers back. The company had shifted away from those categories in recent years to concentrate on intimates, but underwear sales and customer visits have declined following that decision, the company said during a meeting for investors ...
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News briefsSerena Williams first athlete to receive Fashion Icon award
Serena Williams is receiving the Fashion Icon award at the 2023 CFDA Fashion Awards presented by Amazon Fashion. The tennis champion is the first athlete to receive this award. Williams, who smashed countless records during her career, is also an entrepreneur, philanthropist and designer. Her lifelong passion for design led ...
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News briefsAnta Sports provides Q3 operational update
The Chinese company Anta Sports disclosed some details on its Q3 results for its brands except for its joint venture ownership of Amer Sports Corp. Anta brand sales rose by high-single digits during the period ended Sep. 30. Meanwhile, year-over-year Fila brand sales increased by a low-teens percentage. Retail sales ...
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ArticleFitFlop targets pan-European expansion with new logistics partner
The London-based footwear company FitFlop has selected Bleckmann as its partner to provide omnichannel logistics for its clients in the UK and the EU. The five-year agreement is designed to support FitFlop’s “rapid growth in its home market while providing scope for streamlined expansion across the EU,” according to a ...
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News briefs"Crocs but tall": Now offering cowboy boots
Source: Crocs Crocs has kicked off “Croctober” with month-long festivities dedicated to the passionate, universal fan base proudly known as “Croc Nation.” This Croctober will feature one of the most requested Crocs footwear designs in the brand’s history – the Crocs Classic Cowboy Boot. “For years, the ...
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News briefsPuma enters fashion footwear collab
Source: Puma Puma x Coperni Puma has formed a new creative partnership with Coperni, a ready-to-wear and accessories brand hailing from Paris. It is the second-ever collaborator from the fashion space to create an original footwear design with the German sporting goods company. The partnership is set ...
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News briefsBata India launches athleisure clothing line
Bata India is entering the athleisure clothing market by launching Power Acti-Wear, a new clothing range, part of its wider “Power” portfolio of products. The new versatile line comprises a range of T-shirts as well as shorts and tracks, featuring technologies like Qik-Dry, Acti-Vent, Acti-Stretch and Feather ...
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News briefsSuperdry transfers IP for South Asia to joint venture with Indian retailer
India’s largest retailer, Reliance Brands Limited (RBL), through its wholly-owned subsidiary in the UK (RBUK), signed a definitive agreement to form a joint venture with British fashion brand Superdry PLC to acquire its intellectual property for the territories of India, Sri Lanka and Bangladesh, the company said in a statement. ...
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ArticleSports sunglasses market to grow at a CAGR of 7.3% by 2027
The sports sunglasses market is projected to grow at a compound annual growth rate (CAGR) of 7.3 percent from 2022 to 2027 and to post a 6.8 percent year-over-year growth rate in 2023, according to a recent 156-page report by research firm Technavio. Market growth is driven by the rising ...
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ArticleOn announces ambitious 3-year outlook
At its investor day at On Labs in Zurich, Swiss sportswear brand On announced its financial targets for the next three years (FY 2026) and outlined the strategic building blocks to support its next phase of growth. Following On’s track record of strong growth and increasing profitability, the company intends ...
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News briefsVuori plans IPO
California-based activewear brand Vuori, founded in 2015, is in talks with investment banks to prepare for an initial public offering next year, according to Bloomberg, citing sources familiar with the matter. Vuori’s recent $400 million investment from Softbank in October 2021 valued the company at $4 billion. According to the ...
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ArticlePuma ambassadors celebrate 75 years of sports history
Puma and some of its world-class ambassadors gathered at the company’s headquarters in Herzogenaurach, Germany, to share some of their most memorable moments in sports history over the past 75 years and celebrate the company’s anniversary. “I think along all these 75 years, one thing which has not changed at ...
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News briefsAuthentic makes official WeChat debut
Authentic Brands Group has officially joined WeChat, the leading social media app in China with more than 1.6 billion active users around the world. The launch is part of a targeted strategy to expand Authentic’s corporate presence and drive the growth of its brand portfolio in the region. Through its ...
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News briefsLe Coq Sportif sees sales momentum, earnings recovery in H2
Le Coq Sportif said it is seeing sales momentum and expects to see earnings recover in the second half of the year after its top line disappointed, and losses widened in the first half. The brand reported sales of €63.2 million in the first six months of 2023, down by ...
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ArticleSkier Eileen Gu presents Bosideng's weightless down innovations in Milan
Chinese down jacket manufacturer Bosideng showcased its latest “Weightless Down Jacket” technology at a runway show during Milan Fashion Week at La Vigna di Leonardo. While Bosideng drew inspiration from the Italian Renaissance and the architecture of La Vigna di Leonardo, the featured collection was focused on ...
