More about brands – Page 90
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News briefs
Pomoca builds new headquarters and production site
Pomoca, a specialist in ski mountaineering skins that has been part of the Oberalp Group since 2011, is building a new factory and a new head office in Chavornay, about 25 km north of its current production and administration site in Denges, near Lausanne, Switzerland. According to a company statement, ...
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News briefsUSWE acquires VOID Cycling from Tenson
On July 16, USWE Sports, a company founded in Skåne, Sweden, in 2007, signed an agreement to acquire VOID Cycling, founded in Gothenburg in 2014, from Tenson and Color Group. Both USWE and VOID are strong in e-commerce and have each established a global presence. The merger follows a collaboration ...
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ArticleNew anglers help Rapala reel in strong H1 sales rise
Rapala VMC, the Finnish-based fishing tackle company, reported a sharp rise in first-half sales, driven by strong demand for fishing gear from new anglers as a Covid-safe activity. Sales for the six months to June 30 increased by 36 percent to €159.6 million. The bottom line turned around to a ...
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Article
Puma’s sales nearly doubled in Q2
In advance of its financial release for the second quarter ended June 30, which is scheduled for July 29, Puma announced on July 16 that it will report an operating profit (Ebit) of about €109 million for the period, compared with a loss of €115 million a year earlier, on ...
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News briefs
New items by Stella McCartney for Adidas and Victoria Beckham for Reebok
Calling it “a reimagining of workout wardrobe staples, Adidas and Stella McCartney have released a new Stellashine line of tights, crops, training jackets, running shoes and post-workout wear that is good for the gym and looks good elsewhere. It features reflective shine materials and textures “so wearers can go straight ...
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News briefs
Fabletics reportedly exploring IPO
Fabletics, the workout-apparel brand backed by the American actress Kate Hudson, is reportedly working with banks to prepare for an initial public offering (IPO) that should raise about $500 million and value the business at more than $5 billion. The Wall Street Journal reported that the company, owned by TechStyle ...
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News briefs
Wilson opens first store in its hometown of Chicago, and plans more store openings
Wilson Sporting Goods has opened its first retail location in its hometown of Chicago. The 200-square-meter store, inaugurated on July 15, is located in the Gold Coast neighborhood at 932 N. Rush Street. The store offers a curated assortment of sporting goods across many sport categories such as tennis, baseball, ...
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News briefs
Patagonia Works and Sympatex make the top list among B Corp companies
Every year, B Lab recognizes the top-performing B Corps companies in terms of their contribution to the economic and social well-being of the communities in which they operate. These companies are named “Best for the World” as their scores in the five impact areas evaluated on the B Impact Assessment ...
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News briefs
Gym+Coffee releases trunks made of ocean plastic
The Irish athleisure brand Gym+Coffee has released a new swim trunk made entirely of recycled plastic recovered from the ocean. Maverick Swim Shorts come in three colors – turquoise, navy and maroon – and retail for £40 (€47-$55).
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News briefs
Burton is sued over a helmet patent
Smith Sports Optics and Koroyd are suing Burton Snowboards in a federal court in Utah, claiming that the WaveCel shock-absorbing material it uses in some of its helmets infringes on a jointly owned U.S. patent. The patented technology, called Koroyd, uses an array of structures that provide crumple zones to ...
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News briefs
Nike and ukactive launch Open Doors campaign, to help vulnerable young people during the summer
Nike is supporting ukactive, a not-for-profit body of members and partners across the physical activity and fitness sector in the U.K. Together, they want to engage vulnerable young people in sport and physical activity during the summer holidays by making school facilities across four major cities available. The initiative ...
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ArticleNike loses a legal round in Dutch tax probe
The General Court of the European Union in Luxembourg has dismissed an appeal by the Nike group against the investigation launched by the European Commission in January 2019 into the favorable tax treatment granted to the group by Dutch tax authorities to the European entities of Nike and Converse, and ...
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News briefs
Macron signs new kit deals in Qatar and England
Macron has announced new technical sponsorship agreements with the Qatar Sports Club (SC) and Southend United F.C., two professional football clubs based in Doha, Qatar and Southend-on-Sea, England, respectively. The Italian sportswear company will be the official technical sponsor of Qatar SC, previously with Puma, during the 2021/22 season. Qatar ...
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News briefs
Adidas introduces the X Speedflow football boot
Adidas is launching the X Speedflow, a football boot that is said to “redefine speed” in the game. In 2020, the company launched the X Ghosted, developing a light-weight boot that would reflect today’s fast football. Adidas’ product creation team got feedback from both athletes and amateurs on how that ...
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News briefs
Lululemon partners with LanzaTech for first fabrics from recycled carbon emissions
Lululemon has teamed up with LanzaTech to create what they claim to be the world’s first yarn and fabric derived from recycled carbon emissions. LanzaTech, a biotech company that uses biology and big data to create climate-safe materials and fuels, works with India Glycols and Far Eastern New Century (FENC) ...
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News briefs
Fila releases tennis collection designed by Oliver Spencer
Fila is releasing a sportswear collection designed by the British designer Oliver Spencer and inspired by a combination of the brand’s own history in tennis apparel and the Wes Anderson movie The Royal Tenenbaums. For this collection, Spencer has developed a terry-towel corduroy dyed in Fila’s Auckland Navy, Auckland Red ...
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News briefs
La Passione closes another funding round
A six-year-old Italian DTC cycling apparel brand, La Passione Cycling Couture (La Passione Srl), has raised €7 million in another round of financing. The cash injection comes partially from existing investors – Milano Investment Partner (MIP), Club Italia Investimenti 2, Club Digitale and Cyclo Club – who have been on ...
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News briefs
Keen opens factory in the Dominican Republic
Keen Footwear announced the opening of a sandal-focused factory in the Dominican Republic with 5,100 square meters of manufacturing space. The plant, located in Santiago, will produce some of the Portland-based company’s footwear, led by the Newport H2 sandal. It will have an initial annual capacity of 500,000 pairs, which ...
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News briefsCanadian industry veterans launch Norda, a new sustainable brand of running shoes
norda™, a young and innovative Canadian brand of running shoes, introduced the first seamless trail running shoe made from bio-based Dyneema® fiber. There are no plans for this new brand to move into road running in the near future. Norda is the brainchild of Willamina and Nick Martire from the ...
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ArticleHow can home fitness and commercial fitness coexist?
Severely impacted by the Covid pandemic, which has led to their closure and to a boom in home fitness all over the world, fitness studios and other types of membership-based gyms are being led to establish new connections with the home fitness industry while looking for new sources of revenues. ...
