More about brands – Page 156
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Article
Wolverine wants to save $500 million
As reported in a separate article, Wolverine Worldwide was one of the companies operating in our industry that got the biggest hit on the stock exchange between Jan. 24 and March 31. On March 26, Wolverine released a detailed statement about the proactive and precautionary measures that it is taking ...
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Article
A stellar year for Lululemon
Lululemon Athletica ended the year the same way it started, with sales and profits soaring. This was expected, since the company raised its guidance in January to reflect a better-than-expected holiday period.
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ArticleNike’s anti-coronavirus playbook works out
Nike’s share price rebounded strongly when the New York Stock Exchange opened on Wednesday morning after the release of the company’s third-quarter results at the end of the previous day. It opened at $80.11 as compared to $66.75 on Tuesday morning and $72.16 on Tuesday evening, partly aided by a ...
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ArticleHow the industry is reacting to the Coronavirus
(Updated on March 27, early morning time) We have been making use of our new SGI Europe and Outdoor Industry Compass websites to give you a constant flow of new information on what the industry is doing about the spreading Covid-19 pandemic in a dedicated “Corona Ticker.” We feel that ...
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Short stops
Retail short stops
+++ Fanatics and Inter Miam CF, the Major League Soccer (MLS) team part-owned by David Beckham, have announced a long-term omnichannel retail partnership +++
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News briefs
Wolverine appoints global brand presidents
Wolverine Worldwide has appointed Joelle Grunberg as global president of its Sperry division and Tom Kennedy as global president of the Wolverine brand, with oversight for the Licensing Group and membership on the acquisitions team. Grunberg has spent the past seven years as president and chief executive for North and ...
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News briefs
Wolverine fined in Michigan
Wolverine Worldwide has agreed to pay $69.5 million to local authorities and the state of Michigan over several years to remedy water contamination from chemicals used in a now-closed tannery and other company-owned facilities in the state. On the other hand, WWW will get $55 million in a lump sum ...
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News briefs
Clarus appoints EVP of operations and talent
Clarus Corp. has appointed Kelly Davis as executive vice-president of operations and talent, effective March 26. Davis previously served as a vice-president and general manager of Idex Corp., a diversified engineered products company, where he was responsible for the Trebor and Knight business units. Prior to joining Idex, he served ...
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News briefs
New dyeing technology by Huntsman
Huntsman Textile Effects has developed a new dyeing technology for polyester and its blends that helps to save water, energy and costs. Terasil Blue W is the name of the latest addition to its Tersail W/WW range of fast disperse dyes. It has been specially developed for high-performance sportswear and ...
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News briefs
Vans announces footwear line for autism
Vans has announced a range of shoes specially designed for consumers with autism spectrum disorder (ASD). The shoes feature sensory-sensitive elements, such as a calming color palette and an encouraging message on the back of each heel. One model in the collection, designed for kids and toddlers, features a single ...
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News briefs
Surfdome and Patagonia partner to recycle poly bags
The European B2B publication Boardsport Source reports that Surfdome and Patagonia have embarked upon an initiative, called “Plastic Cutback,” to rethink the poly bag. According to Surfdome, 80 billion items of clothing are sold per year, almost all packed in poly bags, and 72 percent of all plastic, much of ...
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News briefs
UA introduces auxetic material for football cleats
Under Armour has begun to use auxetic materials, which when placed under tension. thicken at perpendiculars to the direction of the force applied. They have been adopted in the brand’s football cleats including the Clone Blur MC. The material, called Clone Adaptive, purports to improve speed and comfort by ...
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News briefs
Alltricks goes offline
Alltricks, the French-based e-tailer controlled by the Decathlon group since last September, is planning to open its fourth brick-and-mortar store. According to reports in sport-guide.com, the new Alltricks store will be located in Lyon-Bron, near a Decathlon store. With a surface of 280 square meters, it will be smaller than ...
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News briefs
Federer regains rights to RF logo
According to Tennis.com, Roger Federer has regained the rights to the RF logo, now that Nike has sold its remaining stock of RF branded apparel. The logo has not featured on Federer’s sponsored apparel since his switch from Nike to Uniqlo about two years ago, in a deal that industry ...
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News briefs
Giant Manufacturing changes its brand architecture
According to Bicycle Today Magazine, Giant Manufacturing – ostensibly the world’s largest bicycle manufacturer – has established a new brand architecture. Giant Group hopes to consolidate resources, optimize corporate growth, and develop both OE and consumer brands while placing an emphasis on the brand portfolio. The group is to serve ...
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News briefs
Ecco launches a hybrid golf shoe
Ecco Golf is launching the new Golf Street 10 hybrid shoe. The launch marks the 10th anniversary of the introduction of the spikeless golf shoe, worn by Fred Couples at the first round of the Masters tournament in April 2010. That was an important moment in the history of golf ...
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Article
Alpargatas’ growth softened in Q4
Against the backdrop of a Brazilian economy that grew by just 1.0 percent in 2019, in line with the previous one, Alpargatas’ consolidated revenues grew by 9.8 percent last year to 3,712 million Brazilian reais (€672.4m-$724.4m), driven by an improved of Havaianas in international markets. The adjusted net income went ...
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News briefs
Decathlon Ireland exceeds €1bn in revenues
According to the Irish Examiner newspaper, Decathlon generated annual sales of more than €1.1 billion in Ireland in 2018 even though its first physical store on the national territory is set to open no sooner than next month – at Ballymun in north Dublin. The main reasons appears to have ...
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ArticleThe North Face is exploring new territories
The North Face is reserving some interesting new surprises in its footwear range for the spring/summer 2021 season, to be presented at the OutDoor by Ispo show in Munich later this year. At the last Ispo show in Munich, the brand created a sensation with its highly technical “Advanced Mountain ...
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ArticleHeiQ and Polygiene help defeat coronavirus
Both HeiQ and Polygiene are drawing attention to the anti-viral properties of their textile treatments.
