- Save articleArticle
Alipay+ launches football carnival across Asia for Uefa Euro 2024 celebration
Alipay+, the mobile payment and digitalization technology arm of Ant International, is set to kick off an offline football carnival spanning Asia, aligning with Ant International’s global campaign for Uefa Euro 2024. Commencing on April 26 and spanning two months across four major Asian cities, the festivities aim to captivate ...
- Save articleNews briefs
Diadora’s sales in 2023 amounted to €304m
Diadora’s sales totaled €304 million in 2023, during which the Italian brand terminated some commercial partnerships to focus on its core categories: running, tennis and soccer. Sales for the core categories were up by 16 percent compared with 2022, according to the daily Il Sole 24 Ore. The company achieved ...
- Save articleArticle
New Wave’s Sports & Leisure segment impacted by higher costs
The segment, which includes 14 brands such as Cutter & Buck and Ahead, suffered a 44 percent decline in Q1 operating income to 72.2 million Swedish kronor (€6.2m) from SEK 128.0 million in Q1 ended March 31. Total sales fell by 6 percent to SEK 860.0 million (€74.0m) from SEK ...
- Save articleNews briefs
French sneaker brand Veja makes London debut with eco-friendly store concept
French sustainable sneaker brand Veja has inaugurated its first store in London’s bustling Seven Dials district. Nestled at 45 Monmouth Street, bridging the gap between Covent Garden and Soho, the 140-square-meter boutique showcases the brand’s footwear collection, complemented by an onsite cobbler station for sneaker and shoe repairs and cleaning ...
- Save articleNews briefs
Swedish sporting goods sales decline 5.2% in Q1 2024
Sporting goods sales in Sweden declined by 5.2 percent during the period from January to March compared to the same period last year, according to Sportindex from the industry organization Svenskt Sportforum. All months showed a decrease in growth. In January, sales decreased by 6.1 percent, by 6.5 percent in ...
- Save articleArticle
Foot Locker unveils new store concept at Willowbrook Mall
Foot Locker has introduced a new retail concept at its Willowbrook Mall location in Wayne, N.J., aiming to redefine the sneaker shopping experience. According to a statement, the new store format, designed to integrate customer insights and elevate service standards, “marks a significant step forward for the global footwear retailer”. ...
- Save articleArticle
Moncler brand revenues rose by 20 percent in Q1
The Milan-based luxury group Moncler realized 20 percent constant currency growth to €705.0 million for its namesake brand in the period ended March 31. DTC channel constant currency sales increased by 26 percent to €608.5 million, with all three global regions reporting double-digit improvement. Wholesale brand sales fell by 5 ...
- Save articleNews briefs
Decathlon expands BuyBack scheme in UK
Decathlon has broadened its BuyBack program to encompass all sports equipment in the UK, following the success of its initial launch focusing on unwanted bicycles. The initiative now covers fitness equipment, racket sports gear, camping essentials, and water sports items like kayaks and paddleboards. Customers can participate by completing a ...
- Save articleNews briefs
Adidas secures Liverpool kit sponsorship deal
In a recent report by SportBusiness, it’s been revealed that Adidas has outbid Nike for the kit sponsorship of Premier League club Liverpool. Adidas will assume the role in 2025, replacing Nike after a relatively short five-year tenure. This transition follows Nike’s takeover from New Balance as LFC’s technical sponsor ...
- Save articleArticle
HanesBrands reports progress towards sustainability goals in 2023 Summary
HanesBrands Inc. has disclosed substantial progress towards its sustainability objectives in the 2023 Sustainability Summary Report. The report underscores the strides made across its brands like Hanes, Champion, Bonds, Maidenform, and Bali, underlining commitments to People, Planet, and Product. The company achieved noteworthy milestones in 2023, securing approval on its ...