More about brands – Page 102
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News briefs
Munich’s sales decline year-on-year but beat 2018’s
Munich, the Spanish brand of sports and lifestyle sneakers, has reported sales of €40.9 million for 2020, down 8 percent year-on-year, but still up from 2018. The Catalonian shoe brand says the effects of Covid-19 were “significantly more favorable than projected.” About 88 percent of the revenues were generated in ...
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ArticleVF pledges to eliminate child labor
VF Corp. has created a new Child Rights Action Pledge to strengthen children’s rights and eliminate child labor throughout the global apparel supply chain by 2025. As part of its pledge, VF commits to integrate the Children’s Rights and Business Principles developed by UNICEF, the United Nations Global Compact and ...
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News briefsWolverine Worldwide appoints new executives for the group and Sperry
Source: Wolverine Worldwide Isabel Soriano Isabel Soriano has been named president of international at Wolverine Worldwide. In this new role, she will oversee all company’s operations in the EMEA region, Latin America, Asia-Pacific and Canada. Soriano joined the group in 2018 as vice president and managing director ...
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News briefs
Peloton plans a $400m factory in Ohio
Peloton Interactive has announced a plan to invest $400 million in a new U.S. factory to make its stationary bikes and treadmills, which currently come mainly from Taiwan, to help accelerate deliveries to customers. Located in the Troy Township of Wood Country, Ohio, the new facility should start up in ...
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News briefs
Mizuno joins Xinxiang boycott
Mizuno Corp. has joined several Western sports brands in the boycott of cotton sourced in the Xinjjiang region of China. The company refrained from an official disclosure of the reasons for the move, which is probably linked to allegations of human rights abuses against Muslim Uyghurs in the area. It ...
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Article
Goldwin turns around in Q4, budgets 10% growth
Goldwin’s sales fell by 7.6 percent to ¥90,479 million (€678.0m-$830.5m) in the financial year ended March 31, 2021, while operating profit declined by 15.1 percent to ¥14,838 million (€111.2m-$136.2m), better than a forecast made in February for declines of 10.1 percent and 28.5 percent, respectively. Attributable earnings inched down by ...
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News briefs
Wilson to introduce an apparel line
Wilson is introducing a new apparel line for men and women - only in the U.S. and China for the time being. Called Wilson Sportswear, the line is meant to blend “sport, fashion and culture.” Items will be dropping bi-weekly, with special collaborations at “key moments in sport culture.” They ...
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News briefs
Adidas’ MD for Central and Eastern Europe is leaving
Adidas has confirmed a report that Winand Krawinkel, managing director for Central and Eastern Europe, is leaving the company, without saying at this stage how he is going to be replaced. No reason has yet been given for the move. Krawinkel joined the company in 2006 as head of business ...
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News briefs
UYN 3D Ribs Sabot wins iF Design Award
Unleash Your Nature (UYN) has received an iF Design Award in the “Product” category for its 3D Ribs Sabot, a sock-derived shoe consisting of a single piece of seamless fabric that can be used as either a sabot or a shoe. By raising the heel area, the UYN 3D Ribs ...
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News briefs
Reef partners with Life is Good on footwear range
Reef has partnered with Life is Good on a range of sandals and thongs for both men and women that is meant to celebrate fun, freedom and the spirit of the beach. The collection features Life is Good’s inspirational designs. Life is Good defines itself as “a positive lifestyle apparel ...
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News briefs
Castore secures kit deal with the Wolverhampton Wanderers
Starting from the 2021/22 season, Castore will replace Adidas as the kit partner of the Wolverhampton Wanderers, commonly known as the Wolves. For the young British sportswear brand, this is the first contract with a member of the English Premier League. The financial details of the new multi-year agreement have ...
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News briefs
BH Fitness is expanding its football business
According to a report in CMDsport, BH Fitness hopes over the coming months to raise the number of its contracts with Spanish football clubs from five to nine. At present, the brand fits out the clubs of Atlético de Madrid, Athletic Club, Leganés, Eibar and Alavés-Baskonia. It has deals in ...
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News briefs
Garmin launches its smallest watch-style dive computer for multiple uses
Garmin International has introduced the Descent Mk2S, a follow-up to the Descent Mk2 especially suitable for women and men with smaller wrists. Described by the brand as Garmin’s smallest watch-style dive computer, it features a 3cm sunlight readable sapphire display, a 43mm case and interchangeable QuickFit bands in silicone, leather, ...
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News briefsSpinnova and KT Trading develop a fiber made from leather waste
Spinnova, a Finnish manufacturer of textile fibers derived from wood or waste, and KT Trading, a Swiss firm specialized in the sourcing and trading of materials for the leather industry, have managed to generate a fiber from leather waste without using harmful chemicals. The two companies have created a joint ...
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News briefsUBC licenses Head sneakers
An Italian firm, United Brands Company (UBC), has signed a license agreement with Head to develop and produce lines of sneakers for men, women and children under the Head brand name. The first collection is scheduled for the spring/summer 2022 season. Under the multi-year agreement, UBC will also be in ...
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News briefs
The North Face and Supreme launch new collaborative outerwear line
The North Face (TNF) and Supreme have teamed up once again on a line of clothing, this time designed for extreme cold weather and high alpine conditions. The line is centered around TNF’s Summit Series. The range, made exclusively for Supreme, which belongs to the same group since Dec. 28, ...
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Article
VF is positive about 2022 as growth accelerates
VF Corp ended its fiscal year on a high note, prolonging a recovery that started in the second quarter. For the fourth quarter ended March 31, the company confirmed that its momentum is accelerating, delivering revenues that increased by 23 percent to $2,582 million, or by 19 percent in constant ...
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News briefs
Moody’s upgrades Under Armour’s outlook and liquidity rating
Following as similar recent move by Standard & Poor’s, Moody’s has revised its outlook for Under Armour to positive from negative because of its improved operating performance, especially in North America, and better credit metrics and liquidity. The agency has upgraded its speculative grade liquidity rating for UA to SGL-1 ...
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News briefs
Eleiko wins Red Dot Award for barbell collars
Eleiko’s Open Collars has won a Red Dot Award for product design. Most barbell collars are circular, and must therefore be slid on from the bar’s end. Eleiko’s are shaped like the letter C, and clip on directly next to the plate. A lever locks each collar into place with ...
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News briefs
Rapid growth for Aybl, a British gymwear start-up
Fashion Network reports that Aybl, a DTC brand of women’s gymwear based in Redditch, U.K., has seen remarkable growth in sales. So far over its three-year history the brand has raked in revenues of £10.3 million (€12.0m-$14.6m) through its international web store. It hopes to reach £50 million (€58m-$71m) by ...
