Brands

News about brands within the Sporting Goods industry supply chain

Timex to produce watches for Adidas Originals

2021-05-07T17:01:00+01:00

Thanks to a new worldwide licensing deal, the Timex Group will be designing, manufacturing and distributing watches under the Adidas Originals brand name. The first collection is scheduled for release early next year through Adidas’ own stores, franchises and e-commerce as well as through the Timex Group’s sales network. Tobias ...

  • In a switch, Peloton recalls its treadmills

    2021-05-06T16:29:00+01:00

    Acting in conjunction with the U.S. Consumer Product Safety Commission (CPSC) and after refusing last month to do so, Peloton Interactive has issued separate product recalls for its Tread+ and Tread treadmills, of which about 125,000 have been sold so far. The affair stems from the death, on March ...

  • Mathias Boenke

    Mathias Boenke will lead New Balance EMEA

    2021-05-04T17:24:00+01:00

    Returning to New Balance after a dynamic journey on the other side of the fence at Intersport, Mathias Boenke has been appointed as senior vice president of the American sports brand for the EMEA region, starting in June. Based at New Balance EMEA’s office in Amsterdam, he will take the ...

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    Skechers is boosted by international wholesale and digital

    2021-04-23T17:27:00+01:00

    Lifted by robust international demand, Skechers’ revenues jumped by 15.0 percent in the first quarter to a record level of $1,428.4 million, as compared to a year ago. Sales outside of the U.S. soared by 20.2 percent to represent 58 percent of the total turnover. In particular, the International Wholesale ...

  • Moncler posts double-digit revenue growth in Q1, but Europe is down

    2021-04-23T17:26:00+01:00

    Moncler saw its consolidated revenues jump by 18 percent to €365.5 million in the first quarter of 2021, with a jump of 21 percent in local currencies, although many countries were still being affected by coronavirus-related restrictions. The growth was primarily driven by a strong contribution from China, Korea and ...

  • Puma launches the RE.GEN collection, made from industry waste

    2021-04-23T17:25:00+01:00

    Puma is introducing its new RE.GEN collection, a range of footwear, apparel and accessories made from Puma’s own industry waste and other recycled materials. The RE.GEN collection incorporates three kinds of recycled material: leather off-cuts from Puma’s own production, cotton off-cuts from the greater textile industry, and polyester made from ...

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    VF Corp. appoints new CFO

    2021-04-23T12:57:00+01:00

    VF Corp. has promoted Matt Puckett to the position of executive vice president and chief financial officer, reporting to VF’s CEO, Steve Rendle, and serving on the company’s executive leadership team. Puckett joined VF in 2001 as a senior accountant in the finance department. In the following years, he held ...

  • Nike and UKactive extend Active School Hero award across England

    2021-04-22T16:23:00+01:00

    After successful pilots in schools in London and Birmingham, UKactive Kids and Nike have announced the England-wide roll out of Active School Hero England, a campaign to recognize primary school staff who inspire physical activity among schoolchildren. The Active School Hero Award is backed by Richard Whitehead, a Team GB ...

  • Salomon to release a running shoe for the circular economy

    2021-04-22T14:46:00+01:00

    After three years of R&D – largely to find separable materials – Salomon is introducing this spring its first recycled and recyclable shoe, a road-running model designed to balance performance against the demands of the circular economy. The 285-gram Index.01 has the R.Camber rockered design for heel-to-toe transitions, a molded ...

  • Anta Sports’ controlling shareholder plans to sell a 3.3% stake in the company

    2021-04-22T14:46:00+01:00

    Anta International Group Holdings has agreed to sell a stake of about 3.26 percent in Anta Sports Products, of which it is the controlling shareholder, according to a stock exchange filing made on April 21. The sale of 88 million shares in the company for HK$11.57 billion (€1.24bn-$1.49bn) will reduce ...

  • UA Master Planning Study

    UA scales back plans for its new global headquarters

    2021-04-21T15:29:00+01:00

    Under Armour plans to have a new headquarters in place by 2025 on the 50-acre waterfront property it acquired in Port Covington, South Baltimore, from Kevin Plank in 2016. Its design takes its cues from the pandemic’s lockdowns, mixing office with home working, and scales back initial plans for nearly ...

  • Lululemon tests a product resale program

    2021-04-21T13:24:00+01:00

    As one of its contributions to the environment, Lululemon will test a resale program for its clothing in California and Texas in May, adding some other markets in June. Called Like New, the program will allow customers to receive e-gift cards in exchange for “gently used” Lululemon garments dropped at ...

  • Adidas’ new marketing campaign focuses on “possibilities”

    2021-04-20T16:40:00+01:00

    In Adidas’ newest marketing campaign, “Seeing Possibilities,” several well-known endorsees of the brand appear at home in a series of 20 documentary films, representing yet another chapter in its wider “Impossible is Nothing” campaign. The theme this time is the “rebellious optimism” of sport as it relates to the brand, ...

  • Nike recycled ball

    Nike introduces prototype eco-football

    2021-04-20T15:22:00+01:00

    Nike has introduced a football made of fully recycled yarn trimmings that would otherwise have ended up in a landfill. The shell is made of recycled airbag scraps from the manufacture of Nike’s Air Max line. The ball remains a prototype, but there appear to be plans to release it ...

  • Adidas is one of the Top 10 companies for corporate reputation

    2021-04-20T10:19:00+01:00

    Adidas has ranked 7th in “The 2021 Global RepTrak 100,” a ranking of corporate reputation for companies with global revenues above $2 billion, compiled by The RepTrak Company, a reputation data and insights company based in Boston. Lego Group has taken the top spot, followed by Rolex, in the second ...

  • S&P upgrades its outlook for Foot Locker

    2021-04-19T17:22:00+01:00

    The st onger-than-expected performance of Foot Locker in the past financial year has led Standard & Poor’s to upgrade its outlook for the company from negative to stable, while affirming its BB+ issuer credit rating. Foot Locker’s leverage reached a range in the mid-1x; which was much better than the ...

  • Foreign sports retailers dominate on Facebook in Spain

    2021-04-19T17:09:00+01:00

    CMDsport has published a report on the social-media presence of the top purveyors of sporting goods and sportswear in Spain. The top platform is Facebook, followed by Instagram and Twitter, and on Facebook the top chain, by a large margin, is JD Sports, with 3.47 million followers. JD is the ...

  • Asics releases new eco-friendly Earth Day Pack

    2021-04-19T17:07:00+01:00

    Asics has launched a new Earth Day Pack, defined by the brand as “Asics’ most environmentally sustainable cross-category collection ever.” The new range of eco-friendly running shoes and apparel was obtained through a circular manufacturing approach that used around 5 tons of textile waste, the equivalent of 25,000 T-shirts, recycled ...

  • Strong post-pandemic progress for Li Ning and Xtep

    2021-04-19T17:04:00+01:00

    As they are only obliged to publish their results for the first half and the full financial year, some more public Chinese sporting goods companies published an operational update for the first quarter, following up on Anta Sports Products’ previously reported excellent post-pandemic figures for the period.

  • Canada Goose will buy back fur and upcycle it

    2021-04-16T15:26:00+01:00

    Reacting to the attacks of animal welfare activists, Canada Goose has introduced a new Fur Buy Back program to help achieve the declared goal of ending the purchase of new furs by 2022, while introducing reclaimed fur into the supply chain. A global Reclaimed Fur Working Group has created an ...

  • Dish sues Peloton, Lululemon and Icon Health & Fitness over streaming technology

    2021-04-16T15:24:00+01:00

    Connected fitness remains a hot issue in terms of intellectual property rights. Dish Network Corp. and its Sling TV division are suing Peloton Interactive, Lululemon Athletica and Icon Health & Fitness for allegedly infringing five patents for technology that improves the quality of video content on the internet through multi-bitrate ...

  • Adidas uses mushroom fibers in a Stan Smith model

    2021-04-15T15:22:00+01:00

    Adidas has launched the Stan Smith Mylo, its first shoe whose upper is made with the Mylo material, a soft, natural and renewable alternative to leather that uses mycelium, which comes from the roots of mushrooms. Developed by a biotechnology firm, Bolt Threads, Mylo is described by the company as ...

  • Puma reportedly agrees not to use the Tokyo 2020 mark

    2021-04-15T15:17:00+01:00

    Puma has reportedly settled a dispute with the U.S. Olympic and Paralympic Committee (USOPC), which claims to own trademarks for the Tokyo 2020, Beijing 2022 and Paris 2024 labels, with the right to use them for licensing and sponsorship agreements. The committee and Team USA had filed a suit against ...

  • Under Armour outlines specific environmental pledges

    2021-04-15T12:50:00+01:00

    Under Armour (UA) has announced three specific commitments to reduce the impacts of its operations on the environment. Firstly, the company has committed to reduce absolute scope 1, 2 and 3 greenhouse gas (GHG) emissions by 30 percent by 2030 from a 2018 base year - a science-based emissions target ...

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    Wolverine appoints Tesla director to its own board

    2021-04-15T09:17:00+01:00

    Wolverine Worldwide appointed Kathleen Wilson-Thompson to its board of directors. A graduated lawyer and experienced top executive, she is currently also a member of Tesla’s board of directors and brings global retail experience in senior management positions and a total of 14 years as a director with Tesla and two ...

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    Anta Sports had a good start to 2021

    2021-04-14T17:06:00+01:00

    In an operational update on the first quarter ended March 31, which relates to the performance of Anta, Fila, Descente, Kolon Sport, Sprandi and Kingkow, but does not include the businesses of Amer Sports, Anta Sports Products Limited said retail sales of Anta branded products advanced by 40 to 45 ...

  • Puma launches “Only See Great” campaign to spark optimism

    2021-04-14T16:52:00+01:00

    Puma has unveiled “Only See Great,” a new brand campaign that is meant to spread a vision of hope, optimism and self-belief during these challenging times, and ahead of major sporting events this summer like the Formula One World Championship series, the European Football Championships and the Olympic Games in ...

  • Fitbit and Garmin are cleared of two out of four patent infringement charges

    2021-04-14T16:50:00+01:00

    The U.S. International Trade Commission (ITC) has confirmed that Garmin and Fitbit are not infringing on two patents registered by Philips, concluding that they are invalid, but it did not overturn two other patents over which the Dutch electronics company is still in litigation with the two suppliers of wearables. ...

  • Nike is now refurbishing sneakers

    2021-04-14T16:49:00+01:00

    Nike has begun selling reconditioned sneakers at “up to” 15 stores in the U.S., with plans for more. The program is not going to be implemented in Europe until further notice. Inaugurated on April 12, the Nike Refurbished program operates with Nike sneakers returned within 60 days of purchase, which ...

  • Sotheby’s to sell a pair of the original Nike Yeezy sneakers

    2021-04-13T16:51:00+01:00

    A forthcoming sale by Sotheby’s will include a pair of Kanye West Nike Air Yeezy 1 sneakers. The model was unveiled publicly during West’s performance at the 2008 Grammy Awards and was released in a limited series the next year. The Air Yeezy 2 followed in 2012. Nike had never ...

  • Nike remains the world’s most valuable apparel brand

    2021-04-13T16:50:00+01:00

    Nike has been awarded the title of the world’s most valuable apparel brand for the seventh consecutive year, despite a 12.5 percent drop in brand value to $30.4 billion, according to the Brand Finance Apparel 50 2021 report. Although Nike’s sales took a hit last year due to the pandemic, ...

  • Major brands hit with complaint in Paris over forced labor in Xinjiang

    2021-04-12T16:30:00+01:00

    Last year’s report by the Australian Strategic Policy Institute (ASPI) on the plight of Uyghurs and other ethnic minorities in the Chinese province of Xinjiang is still making waves. Citing the report, two NGOs, the European Uyghur Institute and an individual Uyghur woman have engaged a French law firm, Bourdon ...

  • Foot Locker releases its inaugural Impact Report

    2021-04-12T16:21:00+01:00

    Following similar steps recently taken by key suppliers such as Nike, Adidas, Puma and Under Armour, Foot Locker has released its Impact Report, which describes the company’s environmental, social and governance efforts. The report covers the company’s global operations for the fiscal years 2019 and 2020, from Feb. 3, 2019 ...

  • Decathlon will sell replicas of the Danone Nations Cup official ball to help clean water charity

    2021-04-12T15:58:00+01:00

    Kipsta, Decathlon’s private label brand for team sports products, is releasing the replica of the official ball of the Danone Nations Cup, the world’s biggest football tournament for boys and girls aged 10 to 12. Kipsta is the technical partner of the tournament, which Danone has been organizing since the ...

  • Li & Fung launches digital incubator as a separate company

    2021-04-12T15:22:00+01:00

    Li & Fung, the sourcing giant headquartered in Hong Kong, is launching LFX, a new and separate company designed to capitalize on new digital opportunities that can transform the retail industry and enable sustainability along the supply chain. Described as “an incubation, investment and operating platform,” LFX will launch and ...

  • Puma releases women’s collection inspired by the oceans

    2021-04-12T15:22:00+01:00

    Puma is dropping a new collection of women’s footwear, apparel and accessories inspired by the deepest seas, called Ocean Queen. The collection is worn by Winnie Harlow, the Canadian fashion model and a Puma ambassador. The designs are inspired by the sea, with colors like bright aquamarine, yellow and a ...

  • Nike obtains a recall of MSCHF’s Jesus Shoes and “Satan Shoes”

    2021-04-09T15:17:00+01:00

    Nike said that the MSCHF Product Studio has agreed to voluntarily recall the “Satan Shoes” it has developed with a rapper as well as the Jesus Shoes it had launched in 2019 as part of a legal settlement. Both shoe models were unauthorized alterations of Nike’s Air Max 97. According ...

  • Adidas releases a limited-edition Stan Smith Golf shoe

    2021-04-08T14:13:00+01:00

    For the first time in the history of the brand, Adidas is bringing its iconic Stan Smith silhouette to golfers. The limited-edition Stan Smith Golf features a Primegreen upper made with high-performance recycled materials that use a minimum of 50 percent recycled content. The shoe’s distinctive green colorway is meant ...

  • Puma releases a Proadapt golf shoe with its new Adapt Foam

    2021-04-08T14:13:00+01:00

    Puma Golf has unveiled the Ignite Proadapt Δ (Delta), a Proadapt golf shoe that features the brand’s new Adapt Foam. The shoe has been designed in collaboration with Rickie Fowler, the American professional golfer who plays on the PGA Tour. Puma’s Adapt Foam is a new proprietary foam that utilizes ...

  • Former Nike manager pleads guilty in $1.5m fraud case

    2021-04-07T16:45:00+01:00

    A former marketing executive of Nike in charge of temporary retail venues until 2018, Errol Andam, admitted at a U.S. Attorney General office that he had made false statements and committed wire fraud and money laundering through various schemes that defrauded the company of $1.49 million, according to The Oregonian. ...

  • Former Nike executives help found minority-owned sports marketing agency

    2021-04-07T16:45:00+01:00

    Three former Nike executives – David Creech, president of brand creative for global men’s; Nicole Graham, vice president of global brand marketing; and Josh Moore, vice president and global head of design for digital, stores and content – have joined the sports agent Rich Paul to found Adopt, a minority-owned ...

  • Puma Logistics Center Geiselwind

    Puma starts shipping online orders from its new German DC

    2021-04-07T13:32:00+01:00

    After more than two years of construction, Puma’s new distribution center in Geiselwind, Germany, started to operate on Apr. 6. It will help the company to better fulfill its online orders, which have remained until now relatively low as compared to those of Adidas or Nike. With 480 shuttles navigating ...

  • HandsFree Labs, licensor for Nike's Go FlyEase, gets $3 million in funding round

    2021-04-07T13:32:00+01:00

    HandsFree Labs, the Utah-based company that partnered with Nike to create the Go FlyEase laceless clog due to become available on nike.com on Apr. 30 for $120 per pair, has raised $3 million in a new round of funding led by the Frazier Group. The hands-free footwear technology company had ...

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