All Sporting Goods Intelligence articles in Volume 30, Issue 25-26 – Page 4
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HeiQ has announced a new kind of PFC-free durable water...
HeiQ has announced a new kind of PFC-free durable water repellence (DWR) that can withstand dry cleaning. The new DWR products extend the Swiss textile company's Eco Dry line, which was launched in 2013, and repel water-based stains. According to the company, they are suitable for silk and wool, and ...
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New Balance has announced two climate commitments. The company has...
New Balance has announced two climate commitments. The company has joined RE100, a global corporate initiative bringing together businesses committed to 100 percent renewable electricity. New Balance has recently reached the milestone of generating a total of more than one million kilowatt hours in solar energy at its footwear manufacturing facility ...
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The Zero Discharge of Hazardous Chemicals (ZDHC) Foundation has announced...
The Zero Discharge of Hazardous Chemicals (ZDHC) Foundation has announced nine new organizations as accredited training providers for its program. The new organizations that are now able to offer ZDHC certified training sessions in chemical management, via the ZDHC Academy, are: Bureau Veritas, CEDFEM Engineering, Centro Tessile Serico, Centrocot, GSM ...
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The Textile Exchange has announced the release of Responsible Down...
The Textile Exchange has announced the release of Responsible Down Standard 3.0, the third version of the Responsible Down Standard (RDS), effective July 1. The RDS 3.0 represents “the most substantial revision” since the launch of the standard, according to the organization. The RDS, which was originally developed in 2014 ...
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Andreas Rudolf, one of the two managing directors of Sport...
Andreas Rudolf, one of the two managing directors of Sport 2000 Germany, has announced that he will not renew his contract. He has worked for the German buying group for the past 13 years, serving most recently as joint managing director as joint managing director alongside Hans-Hermann Deters, overall manager of ...
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Ping, the American manufacturer of golf equipment, has signed an...
Ping, the American manufacturer of golf equipment, has signed an endorsement deal with Wilco Nienaber. The 19-year-old South African golfer already had an endorsement deal with Opal Sports, a local distributor of Ping products. Nienaber, who has just made his professional debut on the European Challenge Tour, is known for ...
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Jerry Turner, founder of American Sporting Goods and Turner Footwear,...
Jerry Turner, founder of American Sporting Goods and Turner Footwear, has died in Los Angeles at the age of 84. Turner was born and raised in Omaha, Nebraska, in the center of the U.S., but was educated on both coasts, ending up with an MBA from Berkeley in California. In ...
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Article
Under Armour is weighed down by North America
Under Armour had a difficult second quarter, ending with a loss that was below analysts' consensus, sending the share price down by 15 percent. Its net loss narrowed to $17.3 million, against $95.5 million for the second quarter of 2018.The group's revenues inched up by 1 percent to $1,191 million, ...
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Amer Sports has announced that its half-year financial results will...
Amer Sports has announced that its half-year financial results will be released on Sept. 30. The publication date had originally been scheduled for July 25. The change follows the recent change in ownership of the company. Amer Sports was acquired by a consortium led by Anta Sports earlier this year.
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Yarns may be created out of bread waste. Akram Zamani,...
Yarns may be created out of bread waste. Akram Zamani, a senior lecturer at the University of Boras in Sweden, is exploring the possibility of growing fungi on bread waste in bioreactors and using it, in two different processes, to create yarns and produce nonwoven textiles. The fungal fibers that ...
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Asics has launched the Ultrezza AI, a football boot developed...
Asics has launched the Ultrezza AI, a football boot developed with Andrés Iniesta, who spent 16 years playing for FC Barcelona before moving to the Japanese club Vissel Kobe in 2018. The release marks the ninth anniversary of Iniesta's winning goal for Spain at the World Cup Final in South ...
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Nike has announced that it is going ahead with the...
Nike has announced that it is going ahead with the construction of a new Nike Air Manufacturing Innovation (Air MI) facility in Goodyear, Arizona, generating more than 500 full-time jobs in a state that has shown hostility toward the company's commitment to diversity. The state's governor, Doug Ducey, withdrew a ...
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Messe Friedrichshafen has decided not to go ahead with the...
Messe Friedrichshafen has decided not to go ahead with the premiere of Outdoor Friedrichshafen, a new trade show scheduled to take place on Sept. 17-19, 2019, and to postpone the new format, after the success of the new OutDoor by Ispo show (see our previous issue). The organizer of the ...
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Martini, the Austrian-based sportswear brand, has signed distribution agreements for...
Martini, the Austrian-based sportswear brand, has signed distribution agreements for the Czech Republic and Slovakia. From the autumn/winter 2020/21 season, Martini will be distributed by Galfy in Slovakia and by Freelife in the Czech Republic. The family-owned company develops apparel for running, hiking, climbing, biking and cross-country and alpine skiing ...
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Compressport has signed a distribution agreement for Italy with Artcrafts...
Compressport has signed a distribution agreement for Italy with Artcrafts International, based in Florence. Artcrafts, founded in 1958 by Carla and Maurizio Ponziani, and run by Simone Ponziani, is the exclusive distributor for Italy of Teva, Crocs and Toms, as well as the exclusive distributor worldwide of Mou. It also ...
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Ortlieb won a lawsuit in Federal Court against Amazon on July...
Ortlieb won a lawsuit in Federal Court against Amazon on July 25. The German company wants to prevent the appearance of ads with the Ortlieb brand name on Google, which are linked to offers on the Amazon homepage. The issue is that, when searching a term with Ortlieb in it, such ...
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Article
VF raises its guidance after a good quarter
Thanks to a better-than-expected performance posted by Vans and The North Face, VF saw its reported revenues improve by 6 percent to $2,271 million for the fiscal first quarter ended on June 30. Adjusted to exclude the spin-off of its lower-margin Kontoor jeans business, the acquisition of Altra and Icebreaker, ...
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Article
Fitbit’s shares tumble after poor smartwatch sales
Fitbit's stock lost as much as 18 percent of its value after the company lowered its guidance for the full financial year on disappointing sales for the second quarter of the company's new smartwatch model, the Versa Lite. Announced in March, the device is a spin-off of the Versa.Revenues from ...
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After a brief truce in the dispute between the U.S....
After a brief truce in the dispute between the U.S. and Chinese government, President Donald Trump announced today that the U.S. will impose extra duties of 10 percent on $300 billion worth of annual imports from China as of Sept. 1. The list of the affected products has not yet ...
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The Surfrider Foundation, a non-profit organization advocating for clean water...
The Surfrider Foundation, a non-profit organization advocating for clean water and clean beaches, headquartered in California, has named Jennie Romer as a new legal associate for the organization's Plastic Pollution Initiative. She will lead Surfrider's policy efforts and legal action to reduce plastic pollution at the local, state and national ...
