More about brands – Page 140
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Article
Lanxess sells organic leather chemicals business, launches Adiprene Green
The German specialty chemicals company Lanxess is selling its organic leather chemicals business to TFL Ledertechnik. The purchase price is made up from a fixed component of €80 million and a performance-related component of up to €115 million. In addition, TFL will assume certain liabilities associated with the business. Lanxess ...
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Under Armour UK partners with Topgolf
Under Armour has announced a new strategic partnership in the U.K. with Topgolf Entertainment Group, the global sports and entertainment community that connects around 100 million fans. The partnership agreement will see the two companies collaborate in the U.K. on a series of projects to engage with fans and players, ...
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Adidas extends its sponsorship of England Rugby
Adidas has signed a four-year extension of its footwear-supply sponsorship deal with England Rugby. The original deal dates to 2016. The new one takes effect on Sept. 1 and will run through the 2023/24 season. Adidas will retain exclusive rights to rugby boots and trainers for men, women and age-grade ...
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Storck Bicycle in ownership reshuffle
Markus Storck, Storck Bicycle’s founder and managing director, has sold 25 percent of his shares to Stefan Lohwasser. Meanwhile, Lohwasser has acquired a 25% share in Storck Bicycle from Decathlon. Storck and Lohwasser are now equal partners in the cycling label, which is celebrating its 25th anniversary this year. The ...
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Anta and the WWF agree to international partnership
The Anta Group has announced a new agreement with the World Wide Fund for Nature (WWF) that commits both parties to jointly invest more resources on sustainable environmental development, to drive the sustainability transformation of the textile industry and enhance biodiversity conservation. Based on a three-year collaboration framework, the two ...
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ArticleNew strategies make Li Ning resilient
Li Ning fared better than most of its Chinese peers during the first half. While its net income declined by 14 percent from the year-ago period to 683.3 million yuan renminbi (€82.8m-$98.7m) in reported terms, its adjusted net income progressed by 22 percent when excluding a RMB 269.9 million (€32.7m-$39.0m) ...
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Infographics & DataRanking - The top 10 athletic footwear brands
This exclusive chart shows the leading international footwear brands, including Nike, Adidas, Skechers, VF Corp., New Balance, Puma, Asics. Ranking by Revenue and by %-growth vs last year. This is exclusive data and analysis for Premium Members.
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Wolverine adopts First Insight's consumer analytics
Wolverine Worldwide has announced a strategic partnership with First Insight under which it will deploy its Voice of the Customer predictive analytics solution across its portfolio of 12 brands, including Merrell, Sperry, Saucony, Hush Puppies and Keds. The deal follows a successful test conducted by Hush Puppies in different regions ...
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Scientists in Scotland develop new sustainable nylon production method
Researchers from the University of Edinburgh have developed a sustainable way of manufacturing adipic acid, a key component of nylon. The scientists modified the genetic code of the common bacteria E. coli in the laboratory. The modified cells were grown in liquid solutions containing guaiacol, a naturally occurring chemical and ...
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AnalysisMarket Analysis: The global athletic shoe market
The global market for athletic footwear enjoyed solid growth of 6.7 percent at the wholesale level last year, reaching a level of $70.9 billion, according to an annual analysis by Sporting Goods Intelligence of the major sports brands’ performance in this segment. It would have risen a little more without ...
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Macron enters the top flight of Slovenian football
Macron is the new technical sponsor of F.C. Koper. The four-year agreement between the Italian sportswear brand and the Slovenian club will start from the 2020/21 season. F.C. Koper, based in the city of Koper, has won in its history all three domestic trophies: a title of Slovenian champion, three ...
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Nike launches experimental shoe designed for “doing nothing”
Nike is introducing the Offline, a new shoe that has been conceived for moments of relaxation, when people takes time to unplug and disconnect. The Nike Offline features an “anti-sneaker silhouette,” as the brand has described it in its press release. The mule includes two interchangeable sensory drop-in midsoles. Sensation ...
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New chairman for Adidas
Thomas Rabe, 55, has been appointed as the new chairman of Adidas AG’s supervisory board. He succeeds the 76-year-old Igor Landau after 16 years in that position. Rabe became chief financial officer of Bertelsmann in 2006 and was promoted to chief executive of the global media company six years later. ...
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New president for Wolverine
On Sept. 8, Wolverine Worldwide will have a new president and member of the board, Brendan Hoffmann. He brings over 30 years of experience in merchandising, digital marketing and omni-channel retail experiences. Among various stations, he served as president and chief executive of Bon-Ton Stores and Lord & Taylor. Earlier, ...
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Big recovery at Foot Locker
In a preliminary statement that sent its stock price high, Foot Locker revealed a jump of 18 percent in same-store sales during its third quarter ended on Aug. 1. Analysts had forecast a loss for the company, but Foot Locker indicated that it may have even beaten the $60 million ...
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A Foot Locker pioneer, Harold Sells, passed away
Harold Sells, a U.S. executive closely connected with the history of Foot Locker, has died at the age of 92. His career started in 1954 when he opened the first store of Kinney Shoes, a American shoe retail chain that was then bought by Woolworth Corporation, where he helped found ...
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Article
Asics posts heavy losses
After ending the first quarter in the red, Asics posted steep losses again in the second quarter. They reached 11,700 million yen (€92.5m-$109.5m), versus a profit of ¥2,100 million for the same quarter last year. Sales were off by 21.5 percent to ¥146,800 million (€1.16bn-$1.37bn) in the period, or by ...
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Good ratings for Adidas
The Adidas Group got strong investment-grade ratings from Standard & Poors and Moody’s – A+ and A2, respectively – with a stable outlook, making it one of the top-rated companies in the sporting goods industry. The two agencies praised the Big a for its diversification in terms of geographies, products ...
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Slinger Bag beats sales projections in multiple markets
Slinger Bag, the brand behind the eponymous combination ball launcher and tennis bag, has exceeded its sales projections in Japan, Scandinavia, Switzerland and the U.K., possibly indicating that tennis afficionados are eager to return to the game. Although it was launched in those markets as recently as late May, at ...
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ArticleExecutive Survey: Sports and outdoor brands are pushing DTC
While experiencing generally lower orders from retailers, primarily because of the coronavirus outbreak, more than two-thirds of sports and outdoor brands responding to our survey intend to further develop their own direct-to-consumer (DTC) operations, relying more on their own websites than on those of third-party e-tailers.
