Adidas announced that production at the two Speedfactories in Ansbach, Germany, and Atlanta, GA will be discontinued as of April 2020. The Speedfactory technology, however, will not be abandoned: Adidas said it will be used to produce sneakers at two suppliers in Asia.
Category: Footwear
Dick’s Announces Black Friday Doorbusters And Holiday Hours
Dick’s Sporting Goods announced a preview of its Black Friday Doorbusters, holiday hours and conveniences for busy shoppers, while also releasing the trailer for the Company’s holiday TV spot.
Sequential Brands Posts Wider Loss On Mid-Teens Sales Decline In Third Quarter
The parent company for the Avia, And1, Heelys, SPRI and DVS brands reported Friday that total revenue from continuing operations for Q3 2019 was $25.4 million, compared to $29.5 million in the year-ago quarter.
The Buckle’s Comps Climb 8.5 Percent In October
The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended November 2, 2019 increased 8.5 percent from comparable store net sales for the 4-week period ended November 3, 2018.
Wolverine’s Q3 Sales Expand 3.6 Percent
Wolverine World Wide Inc. reported earnings per share grew 9.7 percent in the third quarter ended September 28 and exceeded Wall Street’s targets as currency-neutral sales of Merrell, Sperry and Saucony expanded over 11 percent. The company slightly lowered its earnings outlook due to the impact of tariffs.
Adidas AG Sees Currency-Neutral Growth Of 6 Percent In Q3
Adidas AG reported net income from continuing operations decreases 2 percent, as expected, in the third quarter as revenues grew 6 percent on a currency-neutral basis. The outlook for the full-year was confirmed with expectations for significant top-line acceleration expected in Q4.
Bogs Sales Climb 12 Percent In Q3
Weyco Group reported sales for the Bogs outdoor footwear brand grew 12 percent in the third quarter. Overall sales gained 5 percent as gains at Bogs and Florsheim offset declines at Stacy Adams and Nunn Bush.
Adidas Partners With International Space Station
Adidas announced its multi-year partnership with the International Space Station (ISS) U.S. National Laboratory, managed by the Center for the Advancement of Science in Space – CASIS, to explore the boundaries of product innovation, human performance and sustainability.
Mizuno Partners With The Australian Paralympic Team For Tokyo 2020
Mizuno has been named as the ‘Official sport shoe supplier of the 2020 Australian Paralympic Team’. This partnership is a first for the brand in Australia and will see them fit out over 400 athletes and staff with their uniform shoe.
Pelé Soccer Opens Flagship In Times Square
Pelé Soccer announced the opening of its flagship location in Times Square on November 4, 2019, where fans and players can “shop the beautiful game” in New York City.
Vans Ambassadors Support Checkerboard Day
Vans is celebrating #VansCheckerboardDay with the launch of a Global Ambassador Charity Auction in partnership with eBay for Charity, featuring a collection of footwear and backpacks designed to inspire creative self-expression.
Foot Locker Opens Registration For ‘Fueling the Future of Footwear’ Master Class
Foot Locker, New Balance and Pensole Footwear Design Academy announced the registration for their January 2020 “Fueling the Future of Footwear” master class and design competition.
Tim Boyle To Serve As Acting Chairman Of Columbia Sportswear
Columbia Sportswear Company announced that, in accordance with prior actions by the company’s board of Directors, President and CEO Timothy P. Boyle will serve as acting chairman of the board following the passing of Gert Boyle.
Hoka One One Named Presenting Sponsor Of Western States
Hoka One One has been named the presenting sponsor of the Western States 100-Mile Endurance Run, WSER President John Medinger announced.
Li-Ning Launches First Retail Showrooms In Canada
Li-Ning, China’s sports brand, announced that for the first time ever in Canada its extensive collection of racket sport equipment, shoes and apparel is available in standalone retail showrooms.
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