All News briefs articles – Page 486
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News briefs
Snipes, the German-based sneaker retailer, has picked e-sports as a...
Snipes, the German-based sneaker retailer, has picked e-sports as a marketing vehicle, leading to multiple investments over the summer. In July it became the official fashion retail supplier for the ESL, the global e-sports organization. They will jointly create a co-branded apparel range and Snipes will supply clothing for some ...
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News briefs
Skechers USA and three of its top executives including the...
Skechers USA and three of its top executives including the company's founder, Robert Greenberg, are the targets of a class action suit by shareholders who claim that they were not told the whole story about certain foreseeable logistic costs in China. They also allege that Greenberg sold a considerable number ...
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News briefs
Macron has replaced Jako as the sponsor of a German...
Macron has replaced Jako as the sponsor of a German football club, Hannover 96, through a six-year contract. In its domestic market, the Italian company is currently sponsoring a total of five first-division football teams, more than any other sports brand, although the big properties are taken by the majors. ...
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News briefs
Zoggs has pledged to donate 10 percent of the profits...
Zoggs has pledged to donate 10 percent of the profits from its Ecolast swimwear collection to the Healthy Seas initiative, a multi-stakeholder joint venture, which was launched in 2013 to clean the oceans and seas of marine litter such as derelict fishing nets that are responsible for the death of ...
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News briefs
Yonex reported a 9 percent drop in revenues to 14.5...
Yonex reported a 9 percent drop in revenues to 14.5 billion yen (€115.1m-$131.3m) for its first fiscal quarter, ended June 30. Sales fell by 9 percent in the Japanese domestic market, down to ¥9.25 billion (€73.4m-$83.7m), with declines in tennis as well as badminton. Sales in China drifted down by ...
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News briefs
Descente reported a 28 percent increase in attributable net income...
Descente reported a 28 percent increase in attributable net income to 975 million yen (€7.7m-$8.8m) for its fiscal first quarter ended June 30, while total revenues went up by 2 percent to ¥30.8 billion (€244.6m-$279.0m), driven by Le Coq Sportif in Japan and the Descente brand in China. Sales in ...
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News briefs
Puma announced that Luis Suárez, the 31-year-old Uruguayan striker of...
Puma announced that Luis Suárez, the 31-year-old Uruguayan striker of the FC Barcelona team and the national Uruguayan team, has agreed to endorse its brand. With more than 450 goals signed since 2012, he is regarded as one of the world's best strikers. Adidas has been his sponsor through the ...
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News briefs
A foreign currency loss of 712 million yen (€5.6m-$6.4m) caused...
A foreign currency loss of 712 million yen (€5.6m-$6.4m) caused Globeride, the owner of the Daiwa brand of fishing products and the distributor of Prince in Japan, to book a net loss of ¥248 million (€1.9m-$2.2m) for its fiscal first quarter ended June 30, compared with net income of ¥497 ...
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News briefs
Nike is making a big statement at the 50th edition...
Nike is making a big statement at the 50th edition of the U.S. Tennis Open with an outfit designed by Virgil Abloh for Serena Williams. Called the “Queen Collection,” it includes a dance-inspired skirt, with materials sourced in Italy, a supportive mesh top and a special version of the NikeCourt ...
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News briefs
Adidas its set to take over the sponsorship of the...
Adidas its set to take over the sponsorship of the English Arsenal team from Puma, which has just signed to sponsor Manchester City, the current champion in the Premier League, for £50 million (€56m-$64m) annually after its contract with Nike expires in June 2019. The Big a is said to ...
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News briefs
Reebok has released a technologically advanced sports bra that is...
Reebok has released a technologically advanced sports bra that is said to respond and adapt to the wearer's movement. According to the brand, the PureMove Bra is the first of its kind in offering this characteristic. The new bra, which is the result of a three-year development process, features Reebok's ...
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News briefs
Non-performance sneakers, also known as “athleisure” footwear, is now driving...
Non-performance sneakers, also known as “athleisure” footwear, is now driving growth in the sports leisure category in the U.S., according to NPD's Footwear Insights report for the second quarter of the year. Leisure sneakers - which include sport lifestyle and boots — saw sales increase by 7 percent to $2.9 ...
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News briefs
Vans has partnered with the Van Gogh Museum in Amsterdam...
Vans has partnered with the Van Gogh Museum in Amsterdam on a capsule collection that incorporates elements from Van Gogh's paintings. These elements are integrated into Vans products including the Classic Slip-On, Old Skool, and Authentic shoes, as well as hoodies, tees, backpacks, bombers and hats. Each footwear model features ...
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News briefs
Asics Europe made headway with the Onitsuka Tiger brand, which...
Asics Europe made headway with the Onitsuka Tiger brand, which raised its sales by 41 percent for the six months. Asics organized a partnership with Foot Patrol and an event at the Paris Fashion Week to celebrate the popular Gel Saga shoe, along with projects with Kiko Kostadinov, the fashion ...
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News briefs
Sinn, a German fashion retailer, has assigned consultants to study...
Sinn, a German fashion retailer, has assigned consultants to study the competitive situation in some German cities in relation with the potential tie-up between Karstadt Warenhaus and Kaufhof, Textilwirtschaft reports. It emerged last month that the owners of the two German department store chains had started talks about such a ...
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News briefs
Women's sports attract more and more people in the U.K....
Women's sports attract more and more people in the U.K. According to new research by Nielsen Sports for the Women's Sport Trust and England Hockey, more than half of the U.K. population (59 percent) declares an interest in women's sports. Data show the growth of women's sport as a sponsor ...
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News briefs
Bata is launching a new limited edition of a legendary...
Bata is launching a new limited edition of a legendary sneaker that it had developed in 1977 for John Wooden, the only person who has ever been inducted into the Hall of Fame for the game of basketball in the U.S. as both a player and a coach. Named after ...
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News briefs
Clemens Tinzl will become the new chief executive at Kästle,...
Clemens Tinzl will become the new chief executive at Kästle, the Austrian ski company, in mid-September. He succeeds Bernd Knünz, who joined Kästle as CEO four years ago and is now leaving, citing personal reasons. Knünz started to work for Kästle in Salzburg before the company moved back to its ...
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News briefs
Burton and Nitro, two leading snowboarding companies, have joined the...
Burton and Nitro, two leading snowboarding companies, have joined the European Outdoor Group (EOG), widening the remit of the organization. Burton and Nitro have both become full members, and Salomon is adding its snowboard business to its existing membership. The EOG said that this highlights the alignment and synergy between ...
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News briefs
Converse is set for a global launch of a capsule...
Converse is set for a global launch of a capsule collection of unisex sneakers, apparel and accessories for children and adults featuring the iconic characters of Hello Kitty. The Japanese characters will appear on three vintage shoe styles: the Chuck Taylor All Star, the Church 70 and the One Star. ...
