All Running articles – Page 9
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ArticleOn raises full-year guidance after beating expectations in Q1
On Holding AG raised its guidance for the full year after reporting better-than-expected sales and profits in the first quarter ended March 31. The Swiss athletic gear company generated sales of 235.7 million Swiss francs (€225.2m), up by 67.9 percent on the year earlier and comfortably above an analysts consensus ...
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ArticleAsics profit dips 17 percent in Q1 (updated)
Asics Corp. recorded declines in operating income and net income for the first quarter ended March 31 as total revenues dipped 1.1 percent to 105,329 million yen (€811.0m) from ¥106,549 million. Strong sales growth of 12.2 percent in North America could not offset significant supply shortages and logistical disruptions caused ...
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ArticleSweden’s Löplabbet continues to grow and breaks new records
Intersport Sweden-owned running shop chain Löplabbet closed its books for 2021 with solid growth and new records. For the year, which has been challenging for everyone in the sector, the development was positive in all of the chain’s stores and e-commerce. Source: Löplabbet Stellan Kinell, head of Löplabbet ...
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News briefsSport 2000 offers running sales training for specialists and general retailers
With its new training format – “expert running consultancy,” a special training program for the sales staff of its running specialty stores and in the running section of generalist stores – the running division of the German Sport 2000 buying group seeks to instill a deeper insight into biomechanics, anatomy ...
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News briefsAsics researches impact of physical exercise on mental state
In the ongoing Asics’ Uplifting Minds study, research conducted over a period of eight months and with thousands of participants so far, the brand has found a significant impact of physical inactivity on the participants’ minds. Part of the study was the ”Mind Race”, an experiment for which regular exercisers ...
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News briefsFootwear start-up Hylo raises €2.9 million for low-CO2 vegan shoes
The U.K.-based brand Hylo Athletics, co-founded by ex-football professional Michael Doughty in 2020, has secured €2.9 million in a Series A funding round for its vegan-friendly sneakers that are made with natural rubber, cotton, algae and corn fiber. The company claims the “corn runners” have a 52 percent lower carbon ...
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News briefsNew Balance opens fifth North American factory
New Balance has opened its 80,000-square-foot “Factory of the Future” in Methuen, Mass. for production of its Made 990v5 model. The Methuen plant, which underwent a roughly $20 million renovation, is the company’s fifth factory in North America. All five factories contribute to the production of “New Balance Made” sneakers, ...
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ArticleJoe Nimble and Huntsman collaborate on high-performance running shoe
Polyurethane experts from global chemical manufacturer Huntsman have collaborated with German running shoe specialist Joe Nimble and German design and development company Footwear Innovation Lab GmbH on a new, “revolutionary high-performance running shoe.” Developed by Joe Nimble founder Sebastian Baer in cooperation with renowned biomechanics expert Lee Saxby, the Ultreya ...
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News briefsNew Global Category Manager for cross training at inov-8
After an eight-year absence, Chris Melton has returned to British running, hiking and fitness brand inov-8 as the new global category manager for cross training. Starting March 14, he is also responsible for the sales of footwear and apparel in Central and South America. Source: innov-8 Chris Melton ...
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ArticleCoDi foresees slower growth in 2022, postpones 5.11 IPO
Compass Diversified (CoDi), citing supply chain and inflationary issues and lower year-over-year demand for products within its Velocity Outdoor business, is forecasting a temporary slowdown in its 2022 growth rate that will likely be lower than its long-term growth rate target. Also, the company, whose portfolio includes Boa Technology and ...
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News briefs
Adidas partners with NYCRUNS Brooklyn Marathon & Half Marathon
Adidas has been announced as the first-ever footwear and apparel partner for NYCRUNS Brooklyn Marathon & Half Marathon. The race will be held in Brooklyn on April 24 and is expected to see the participation of more than 20,000 runners, making it one of the largest running events in the ...
