All Running articles
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News briefsNew Balance starts construction of new factory in New England
New Balance has begun construction of its 9,500-sqm factory in Londonderry, New Hampshire. It is the first factory in the state and the sixth footwear manufacturing facility in the US. The investment totals $70 million, will create more than 150 jobs and is expected to be operational by 2025. According ...
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ArticleOn Holding maintains lofty objectives despite moderating wholesale revenues
The Swiss company On Holding, which intends to double its net sales by 2026, increase its gross profit margin to above 60 percent and push its adjusted Ebitda above 18 percent, is only forecasting high-single-digit wholesale growth in Q4 2023. Direct-to-consumer sales (DTC), meanwhile, are expected to continue their torrid ...
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News briefs“Free shoes…if you can outrun our security guard”
The Parisian running store Distance recently ran a campaign, “Rob it to get it,” inviting customers – for one day only – to try their hand at stealing participating products if they could outrun the security guard. The catch? The security guard on the day of the promotion in Sept. ...
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News briefsUA appoints Gap veteran as chief supply chain officer
Source: Under Armour Shawn Curran Under Armour (UA) announced that following an extensive search and interview process, Shawn Curran, a retail industry veteran, will join the company as Chief Supply Chain Officer on Oct. 16, reporting to President and CEO Stephanie Linnartz. The U.S. sports brand created ...
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News briefsAnta signs sustainable business initiative at SDG summit
Chinese sportswear maker Anta Group announced that it has signed the “Business in Action—Sustainable Industrial Development Commitments” during the Second United Nations Sustainable Development Goals (SDG) Summit, the highest-level United Nations summit in the field of sustainable development, which was held on Sept. 18-19 in New York. Furthermore, Anta Group’s ...
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News briefsNew Asics President, more executive changes
Asics Corp. has announced the appointment of Mitsuyuki Tominaga as its new President and Chief Operating Officer, effective Jan. 1, 2024. Tominaga currently serves as the company’s Managing Executive Officer, Chief Data Officer and Chief Information Officer. Before joining Asics, he held leadership roles at SAP Japan, Works Applications America ...
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News briefsRunning Conseil has a new GM
Jérémy Marchetti is the new general manager of Running Conseil, effective Sept. 1. Running Conseil is a group of 64 independent stores in France specializing in running, trail running and triathlon gear. Marchetti, 41, is the owner of a Running Conseil store in Ollioules in southeastern France. The Running Conseil ...
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News briefsNew Europe GM for Puma
Source: Puma Javier Ortega Puma has appointed Javier Ortega as General Manager Europe, effective Sept. 1, 2023. He will be responsible for Central Europe, France, the UK & Ireland, Southern Europe and Nordics, reporting directly to CEO Arne Freundt. Ortega, who has been with Puma since 2009 ...
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Infographics & DataRunning shoes with the most versions released
Marathon season is on its way, and runners everywhere are lacing up their favorites. But which trainer models have stood the test of time?
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ArticleOn Holding sees ongoing momentum in 2023, surpasses the CHF 1bn sales mark
13-year-old Swiss company On, which completed its first full year as a public company in 2022, is forecasting currency-neutral sales growth of 42 percent this financial year to 1.7 billion Swiss francs (€1.69bn), further gross margin expansion toward its mid-term target of 60 percent, and a 150-basis-point growth in adjusted ...
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News briefsAsics recognized by CDP for its sustainability efforts
For the fourth consecutive year, Asics Corp. has been awarded a position on the Supplier Engagement Leaderboard by CDP. Headquartered in Brussels, CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. Asics has been recognized for ...
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ArticleBrooks' success builds on connection with runners worldwide
Berkshire Hathaway-owned Brooks, which continues to make strides with the global running community, generated a 6 percent increase in annual sales in 2022 to an implied $1.166 billion despite persistent supply chain obstacles within the running industry. The company also gained new customers last year in categories outside of running, ...
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Case StudyHow Brooks running overcame pandemic pressures to become the biggest player in the business
Specialist running brand Brooks has clocked up sustained growth by focusing on comfort and using technology to hike shoe performance.
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ArticleOn has various growth levers to pull
On Holding, the Swiss-based “disruptor”, which generated $1 billion in trailing 12-month sales through Q3, continues to focus on innovation and sustainability issues while establishing growth levers to reach younger, Chinese, and apparel consumers as a head-to-toe brand rooted in performance with lifestyle adaptability. On continues to eye a 60 ...
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ArticleDesigner Brands acquires Topo Athletic
Designer Brands Inc. announced the acquisition of Topo Athletic, expanding its reach into the performance athletic and outdoor footwear categories.
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News briefsNew Balance plans $65 million investment to double production capacity in Maine
New Balance has announced a $65 million investment in construction and capital equipment in its Skowhegan, Maine factory, with a view to double production capacity and add over 200 new jobs to the facility, Footwear News has reported. The factory currently employs 250 people. The investment will allow the renovation ...
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News briefsVolare announces new international sales executive and expansion
Australian brand Volare Sports has appointed Andrew Pirie as European sales and international business development manager. Pirie will be based in the U.K. Alongside this appointment, the company has announced international expansion into the U.K., EU and Asia. Volare designs triathlon wetsuits, swim skins, clothing and accessories for performance athletes ...
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News briefsOnline sales for China’s overall athletic footwear market down 22%, running footwear up 6%
According to NPD Group, e-commerce sales of athletic footwear in mainland China declined 22 percent year-on-year through August 2022. Running footwear, however, increased 6 percent and increased its market share from 19 percent to 23 percent. Sales of running shoes, which have high double-digit growth in the $90+ price range, ...
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ArticleOn releases 2021 Impact Progress Report
On Holding AG has released its 2021 Impact Progress Report, providing a comprehensive view of its approach to and progress on its sustainability initiatives across the Company. Key highlights in the priority areas include: On is taking big strides on its sustainability mission, having delivered the first fully recyclable ...
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News briefsLimeLight partners with Carbon Char Store to achieve carbon-neutral events
LimeLight Sports Group (LSG), the U.K.-based producer of multisport and running events, has teamed up with carbon removals platform Carbon Char Store in what is described as “an industry-first collaboration.” The event organizer is committing to all LSG Club-owned events being carbon neutral by 2023. The innovative collaboration aims to ...
