All News briefs articles – Page 481
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News briefs
The FC Barcelona club reported record revenues of €914 million...
The FC Barcelona club reported record revenues of €914 million for the 2017/18 season, up from €708 million in the previous year. Ebitda went up to €177 million from €124 million. Higher sponsorship revenues, including those obtained through a new shirt deal with Japan's Rakuten, were only one of the ...
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News briefs
There is still no word about the position of Amer...
There is still no word about the position of Amer Sports' board of directors on the proposed all-cash bid for the group by Anta Sports Products and FountainVest Partners (see our previous issue). Amer reported on Sept. 17 that one of its major shareholders, the AXA insurance group, reduced its ...
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News briefs
Media reports have been suggesting that Adidas is about to...
Media reports have been suggesting that Adidas is about to ink a 10-year clothing deal worth £6.5 million (€7.3m-$8.6m) per year with Naomi Osaka, the tennis player who recently won the US Open in New York. The news was initially reported by The Times of London on Sept. 10, and ...
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News briefs
While working on a new Absolute Run store format for...
While working on a new Absolute Run store format for specialty retailers, Sport 2000 International is offering the Absolute brand to sports retailers in all the countries in which it has retail members. The Absolute concept has been developed by a strategic working group comprising five national organizations, called Sport ...
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News briefs
JD Sprinter intends to absorb Sport Zone España, based on...
JD Sprinter intends to absorb Sport Zone España, based on a filing in the commercial register reported by Moda.es. The entity that manages the Sprinter and JD stores in Spain has started integrating Sport Zone's operations in the country, after the owners of Sport Zone and JD Sprinter formed the ...
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News briefs
Decathlon is under pressure from activists to eliminate the sale...
Decathlon is under pressure from activists to eliminate the sale of hunting products in its French stores. More than 38,000 people signed a petition to this effect after the French government backed the requests of the French Hunters' Federation (FNC), which boasts 1.2 million members. Its support was said to ...
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News briefs
Adidas tops the Textiles, Apparel and Luxury Goods sector in...
Adidas tops the Textiles, Apparel and Luxury Goods sector in the latest Dow Jones Sustainability Index (DJSI), an annual evaluation of companies' sustainability practices. The German sportswear brand has been included in the DJSI for the 19th consecutive year. The annual DJSI review assesses the sustainability performance of the largest ...
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News briefs
VF Corporation is making a further adjustment to its brand...
VF Corporation is making a further adjustment to its brand portfolio with a definitive agreement to sell its Reef brand of beach lifestyle products to the Rockport Group, which also holds the Aravon and Dunham brands Rockport, which is now run by Gregg Ribatt, was recently taken over by ...
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News briefs
Puma has announced a long-term partnership with Adriana Lima, who...
Puma has announced a long-term partnership with Adriana Lima, who will be the new ambassador for the women's training business. She will represent Puma in marketing campaigns globally. Lima, 37, has been in the fashion industry since the 1990s. She boasts 11.7 million followers on Instagram, where she shows that ...
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News briefs
L-Gam Advisors, a company based in Luxembourg, has struck an...
L-Gam Advisors, a company based in Luxembourg, has struck an agreement to buy a majority stake in Woolrich International. The sellers are the Rich family, which owned the Woolrich brand, and WP Lavori in Corso, the brand's long-time licensee and distributor based in Italy that became the majority shareholder in ...
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News briefs
Zalando has once again reduced its guidance for the current...
Zalando has once again reduced its guidance for the current financial year, indicating that a very hot and long summer affected its sales, resulting in heavy discounting, and delayed the switch to autumn/winter season. The big e-tailer is now expecting its revenues to grow at the low end of its ...
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News briefs
Started in Detroit just two years ago as a marketplace...
Started in Detroit just two years ago as a marketplace for second-hand sneakers, Stockx has secured $44 million from GV and Battery Ventures, with the stated purpose of expanding its business in international markets. Tech Crunch reports that the company has grown to more than $2 million in daily transactions ...
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News briefs
New Era has secured a multi-year agreement with the Tottenham...
New Era has secured a multi-year agreement with the Tottenham Hotspur football club to become its official headwear licensee. The dual-branded headwear has already become available through Tottenham's and New Era's online and offline retail channels.
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News briefs
Textilwirtschaft reports that Bogner has reached a settlement with Alexander...
Textilwirtschaft reports that Bogner has reached a settlement with Alexander Wirth, who abruptly left as chief executive last year. It was reported at the time that the company questioned some of the partnerships arranged by Wirth, and that these alleged issues precipitated his departure, but the two parties have apparently ...
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News briefs
The North American basketball league (NBA) and EPI have announced...
The North American basketball league (NBA) and EPI have announced plans to open the first European NBA store. The store will be located in Milan at Galleria Passarella, a few steps from Piazza San Babila, in the city center. The opening is scheduled to take place during the 2018/19 season, ...
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News briefs
As we had expected, Decathlon has announced the construction of...
As we had expected, Decathlon has announced the construction of a third logistic center in Germany, where the retailer is expanding strongly (see our previous issue). It will be located in the VGB Park of Berlin to service its stores in the northern and eastern parts of ...
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News briefs
Canada Goose has announced that it will open a new...
Canada Goose has announced that it will open a new factory in Winnipeg, its third manufacturing facility in the capital of the Canadian province of Manitoba and the seventh wholly-owned factory for the company, adding to three in Toronto and one in Boisbriand, Quebec. It will be the brand's largest ...
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News briefs
Moncler has announced the Chinese debut of its Moncler Genius...
Moncler has announced the Chinese debut of its Moncler Genius collections on Tmall Luxury Pavilion, Alibaba Group's dedicated luxury shopping platform, starting Sept. 27 and until Oct. 14. The launch of the pop-up e-store marks the first collaboration between the Italian apparel manufacturer and the Chinese e-commerce giant. The Moncler ...
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News briefs
VF Corp. has announced that it has chosen Denver for...
VF Corp. has announced that it has chosen Denver for its new global headquarters. Building renovations are scheduled to start early next year with a completion date in early 2020. The new 285,000-square-foot headquarters will be located in the Lower Downtown, or LoDo, district, Denver's oldest neighborhood and the home ...
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News briefs
Puma has announced that Luis Suárez, the striker of Barcelona...
Puma has announced that Luis Suárez, the striker of Barcelona FC, has inked a boot deal with Puma Football. Before joining Puma, Suárez had been sponsored by Adidas for 11 seasons. Prior to joining Adidas in 2008, he wore Nike soccer boots. The 31-year-old player will now be wearing Puma ...
