All News briefs articles – Page 271
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News briefs
China’s manufacturing tempo is slowing down
China’s Purchasing Managers’ Index (PMI) shrank in September for the first time since February 2020, when the coronavirus pandemic first hit the country. Power shortages and new, sporadic Covid-19 outbreaks are being blamed for the reversal, raising the likelihood of new supply chain problems. Economists are predicting a further slowdown ...
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News briefsPittards returns to profits as sales recovery gathers momentum
Pittards, a British leather and leathergoods manufacturer that is a major supplier to the sporting goods industry, returned to profit in the first half and said there are “clear signs” that a recovery from the Covid-19 pandemic was gathering momentum, with orders at their highest level in two years. Pre-tax ...
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News briefsJoining Hefter at Polygiene, Eva Doll takes charge of the customer experience in EMEA
Polygiene has hired Eva Doll as its new customer experience manager for the EMEA markets. Doll has extensive experience in the sporting goods and outdoor industries. She comes to Polygiene with a solid background as a freelance editor and content creator for several sports brands, sports publications and news platforms. ...
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News briefsKeen launches sneakers made from agricultural waste
Keen Footwear has unveiled a proprietary manufacturing process that uses agricultural waste to create what it claims to be the industry’s first sneakers with plant-based soles made without chemical solvents. The “Field to Foot” (F2F) sneakers are part of the Detox The Planet initiative and were developed by the Keen ...
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News briefs
Vietnamese plants will reopen as more than a third of the population is vaccinated
Big and small sports companies relying on Vietnam to source some of their apparel and footwear are breathing a sigh of relief as the factory lockdowns imposed in mid-July are due to be lifted on Oct. 1, as expected, although it will take months to take the production back to ...
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News briefs
Austrian ski champion launches his ski brand, Van Deer
The former Austrian Alpine ski champion Marcel Hirscher, who retired two years ago after numerous World Cup victories, has begun producing his own skis. His brand, Van Deer, is at least for now distributed only in Austria, through Bründl Sports, and in the Netherlands, through the Duijvestein Winterstore and Daka ...
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News briefs
New Balance to sponsor U.K.’s governing body for college sports
New Balance has signed a five-year contract to sponsor British Universities and Colleges Sport (BUCS), the U.K.’s governing body for sports in post-secondary schools. In late October the company will be producing a co-branded line of merchandise, with hoodies, T-shirts, shorts, leggings and kitbags. In addition, New Balance Teamsports will ...
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News briefsGore-Tex unveils new, more sustainable ePE membrane
W. L. Gore & Associates has announced that the consumer unit of its Gore Fabrics Division will introduce the use of expanded polyethylene (ePE) as a new and more sustainable, complementary material platform that will serve as the basis for its future membrane technologies. The new ePE laminates (membrane and ...
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News briefs
Adidas to launch marketing campaign in greater Paris
Adidas placed 2,200 footballs in 17 towns and cities in greater Paris and its region, Île-de-France, on Sept. 28 as Parisians were about to watch the match where the Paris Saint Germain (PSG) team beat Manchester City in the second round of the Champions League. The locations will include the ...
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News briefs
Himaraya turns around
Himaraya reported an overall sales increase of 8 percent to 62.13 billion yen (€480m-$582m) for the financial year ended Aug. 31, but the momentum is fading away, and the Japanese sporting goods retailer is projecting a decline to ¥59.50 billion (€460m-$530m) for the current year. The company posted net income ...
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News briefsPolygiene-owned brand allows the production of germ-killing barbell grips
Making use of Addmaster additives, Casking has developed a range of antimicrobial grips to cover the full length of barbells 28 to 30 mm in diameter. Their selling point, in the age of the Covid pandemic, is gym sterility. The press release from Addmaster’s parent company, Polygiene, cites two studies ...
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News briefs
Nike opens sports space in Barcelona
Palco23 reports that Nike has opened an outdoor space, called Play Now BCN, in Barcelona’s Parc del Fòrum. It is set up for a variety of sports – football, basketball, skateboarding, dance and fitness training – and has the backing of several local sports entities: Streetball Barcelona Sants, Street Football ...
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News briefs
Amazon Halo adds three fitness services
Capitalizing on the strong global fitness trend, Amazon will be adding three services to its Amazon Halo subscription fitness service for the holidays at the end of the year: a health tracker, called Halo View; a video service for home workouts, called Halo Fitness; and a custom, guided meal planner, ...
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News briefsVaude’s Antje von Dewitz receives German role model award
After collecting many other awards for sustainabillity and inclusion, Antje von Dewitz, CEO of the German outdoor brand Vaude, has received the Role Model Award 2021 from the Startup Teens education platform in the “Family Entrepreneur” category. The jury and the audience honored her commitment to a sustainable and value-driven ...
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News briefs
Skechers wins dismissal of energy lights suit
A Dstrict Court for the state of Illinois has dismissed with prejudice a proposed class action suit launched by Rikki Guajardo in May 2019. She claimed that her child had suffered pain and burns when Skechers’ Energy Lights sneakers heated up. She accused the company of deceptive trade practices and ...
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News briefs
Macron enters the padel tennis segment
Macron, the Italian company specializing in licensed teamwear, has presented its first complete line of clothing, equipment and accessories for padel tennis, including even five models of racquets, made in Spain, for beginners and more experienced players. The garments are said to be technical as well as comfortable and elegant. ...
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News briefs
Zalando invests in Infinited Fiber
Zalando has joined Adidas, H&M and an investment arm of the Bestseller Group in a round of financing to help Infinited Fiber Company of Finland to build a facility for the commercial production of its biodegradable fiber, called Infinna. The company’s technology converts textile waste and other cellulose-based raw material ...
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News briefs
Sport 2000 finds retail licensee for Mauritius, Madagascar
Sport 2000 International has acquired a new licensee, the HV Group, in the island states of Mauritius and Madagascar, where it is planning to open seven specialist stores by 2026. Mauritius is to receive two large stores and three small ones, Madagascar will host two others of undisclosed size. The ...
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News briefsNew paddling trade show in Lyon
With the Covid-related postponement of the first Paddledays canoe show in Kassel, Germany, by one year to September 2022, a new player in the European paddling industry has stepped forward: The Paddle Sports Show in Lyon, France, wants to replace PaddleExpo in Nuremberg, Germany, which was held for the last ...
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News briefs
BMO report highlights some disadvantages in DTC vs. wholesale
A new report compiled by the analyst Simeon Siegel for BMO Capital Markets suggests that the recent focus among sports brands on direct-to-consumer (DTC) channels has its drawbacks. In particular, wholesale appears to offer higher profit margins before taxes and interest. Major footwear brands like Nike, Adidas, Under Armour and ...
