All News briefs articles – Page 255
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News briefs
Adidas to establish a basketball hub in Los Angeles
Adidas has leased the equivalent of 9,940 square meters of office space in downtown Los Angeles, according to The Wall Street Journal, apparently to establish a hub for its basketball operations in the U.S., which are currently still based at the company’s North American head office in Portland, Oregon. The ...
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News briefs
Castore replaces Canterbury as sponsor of USA Rugby
Castore has signed a six-year partnership with USA Rugby, taking the place of Canterbury, which had succeeded Adidas in the role. Acting as the American rugby union body’s official apparel partner, the English company will provide sportswear and playing kits for its men’s, women’s and junior teams, starting in the ...
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News briefsKylian Mbappé endorses Oakley eyewear
Oakley announced a multi-year partnership with Kylian Mbappé, the popular French footballer who plays for the Paris Saint-Germain team. The 23-year-old PSG forward will play the lead in the brand’s newest iteration of its “Be Who You Are” campaign film, which chronicles his journey as a boy born in the ...
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News briefsBackcountry launches Shaun White’s Whitespace brand
Backcountry, the U.S. retailer that owns Germany’s Bergfreunde, has teamed up with the pro snowboarder Shaun White for his new Whitespace brand of hardgoods and apparel. Backcountry will act as the exclusive retailer for Whitespace, kicking off the partnership with a limited-edition Whitespace Freestyle Shaun White Pro signature snowboard. Each ...
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News briefs
No ISPO Beijing until December
The ISPO Group reported in mid-December that the ISPO Beijing fair, originally scheduled for Dec. 28-30, was going to be “postponed” because of the Covid pandemic. Veronica Pang, who was promoted to head up the ISPO China team last month, has told us that it will not happen anytime soon. ...
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News briefs
Deporvillage posts record sales again
Deporvillage has met its targets and wrapped up an 11th consecutive year of growth. As CMDsport reports, revenues for 2021 amounted to $160 million, for a 40 percent year-on-year increase, and total customers worldwide now exceed 2.5 million, thanks to 700,000 new ones. The Spanish mutichannel sports e-tailer carries 100,000 ...
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News briefs
ABG and Shaq file for digital trademarks
Like Nike, Adidas and many others, the Authentic Brands Group (ABG) is staking out a claim in the metaverse. As Footwear News reports, ABG and the retired NBA player Shaquille O’Neal filed three trademark applications in December for the word “SHAQ” as applied to non-downloadable virtual footwear, clothing, headwear and ...
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News briefs
S&P assigns a negative outlook to Crocs
Having completed its review of Crocs following its expensive takeover of Hey Dude, Standard & Poor’s gave a negative outlook to the company, in contrast with the stable outlook assigned by Moody’s. S&P indicated that it might even downgrade Crocs further if it fails to integrate the casual footwear brand ...
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News briefs
Tecnica hires social & environmental impact guide
Tecnica Group North America has hired Matthew Miller to fill the new post of ”social & environmental impact guide.” He will be overseeing the group’s social and environmental policies, especially with respect to partnerships with organizations and retailers. He will also be promoting product circularity, energy and carbon savings, and ...
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News briefsArc’teryx continues global brand store expansion
Source: Arc’teryx Arc’teryx has increased the number of its own brand stores by 15 percent Arc’teryx, the Vancouver-based brand owned by Amer Sports, opened 21 stores in the past twelve months, ending 2021 with a total of 159 brick-and-mortar mono-brand shops around the world - 16 ...
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News briefsBode Miller becomes brand ambassador for Scarpa
Scarpa announced that Bode Miller will be a new ambassador for the Italian outdoor and snow shoe brand. The charismatic American ski star, who won four World Championship titles in four different disciplines and six medals at the Winter Olympics, Miller will debut Scarpa’s new 4-Quattro ski touring boot at ...
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News briefs
ITC investigates Adidas’ Primeknit technology
The International Trade Commission of the U.S. has decided to launch an investigation to determine whether Adidas’ Primeknit technology for knitted shoe uppers infringe on six Nike patents for its Flyknit technology. If it determines that Nike’s claims are valid, the ITC may issue exclusion and cease and desist orders, ...
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News briefsCosta Sunglasses appoints VP of marketing
Costa Sunglasses has appointed John Acosta as vice president of marketing, with a view – according to Justin Cupps, senior vice president – towards expanding the brand and engaging “with our core fans – the anglers, adventurers and explorers who live to be on the water.” Acosta was previously vice ...
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News briefs
More manufacturing offsets a drop in retail at Yue Yuen
In releasing its monthly revenues, Yue Yuen said it finished the 2021 calendar year with an increase of just 1.1 percent in total revenues to $8,533.4 billion, with a drop of 2.1 percent in December. Calculations indicate that the group’s shoe and components manufacturing operations booked a sales increase of ...
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News briefsBlue Tomato’s parent grows strongly
Zumiez’ international sales, which are concentrated in Europe and Australia, grew by 45 percent year-on-year and on a comparable store and currency-neutral basis during the nine-week period ended Jan. 10. With its sales in North America going up by 5 percent, the action sports retailers’ total sales were up by ...
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News briefs
Jon Ram will chair SFIA
Jonathan Ram, whose career included a stint of more than four years as managing director of New Balance for the EMEA region in 2007-2012, has been elected as chairman of the SFIA, the Sports & Fitness Industry Association of the U.S. He worked for New Balance in various roles between ...
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News briefs
Lululemon warns about its guidance
Lululemon is now predicting that its revenues and earnings per share will be on the low end of the previously forecast ranges for the fourth quarter of 2021, blaming the Omicron variant of Covid for increased capacity constraints, more limited staff availability and reduced operating hours at certain stores. The ...
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News briefs
Lululemon accuses Peloton of improper legal conduct
Lululemon Athletica asked a federal U.S. court in Manhattan to dismiss a lawsuit filed by Peloton Interactive on Nov. 24, claiming improper legal behavior. The Canadian sports apparel company supplied the clothing for a Peloton branded line from 2016 until the American connected fitness company launched its own range in ...
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News briefs
Crocs improves its guidance
Crocs improved its financial guidance, telling investors that it now expects to reach a non-GAAP operating margin of nearly 30 percent for 2021 as sales will likely show a 67 percent increase to $2.31 billion for the year, rather than the previously predicted 62-65 percent range. The new forecast is ...
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News briefsCanada Goose releases an undyed PFM capsule
Canada Goose has launched a capsule with the same name as its sustainability plan, Humanature, with a pledge to accomplish a shift to “Preferred Fibers and Materials” (PFMs) for 90 percent of the brand’s apparel by 2025, while reiterating its pledge to stop using fur by the end of this ...
