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The article features Stephanie Linnartz, chief executive officer (CEO) of sportswear company Under Armour. It discusses the decision of Linnartz to leave her post as president of hotel chain Marriott International to take the job at Under Armour. It reports the struggle of Under Armour to grow sales or profits and highlights growth strategy set up by Linnartz that included the launch of a UA Rewards program to build connections with customers, re-assignment of endorsement deals, and expansions.

Copyright of brand eins is the property of brand eins Medien AG and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Yulex, a US company, has introduced Yulex2.0, a natural rubber material that serves as an eco-friendly alternative to neoprene in sportswear and watersports. The material offers increased elasticity and stretch and is already being used by surf and watersport brands worldwide. Adidas has opened its first specialty sneaker store in Korea, which celebrates Korean culture and offers exclusive products with Korean influences. Asics is discontinuing its baseball equipment business, while Julio Rodríguez of the Seattle Mariners will wear limited edition Swarovski x Adidas baseball cleats during the World Series. Football icon Ruud Gullit has become the first brand ambassador for Skechers in the Benelux region. Macron has become the official supplier of sportswear to the Italian Bocce Federation, and Nike has signed a potential partnership with Lego to create co-branded products. Nike has also collaborated with tennis player Naomi Osaka and fashion designer Yoon Ahn to create custom outfits for Osaka's return to the US Open. Reebok has partnered with Mattel for a Barbie-inspired campaign and has become the kit supplier for Super League Basketball in the UK. Under Armour has launched a cherry blossom-themed collection in collaboration with the US Botanic Garden, and Puma has collaborated with Aries, Hoka with Harmonie Mutuelle Semi de Paris, and Decathlon has become an official partner of the LOSC football team. [Extracted from the article]

The latest shareholders meeting at El Corte Inglés has renewed Manuel Pizarro's directorship and appointed Gastón Bottazzini CEO. Allbirds has named Jason Israel Vice President of Design, and Altra Running has hired Kylee Barton as its new Global Head of Product. Diadora has hired Ryan Eckel as its Chief Marketing Officer for the US, and Leki has announced a change in leadership at its subsidiary Leki USA. ANWR Sports GmbH has appointed Irina Andorfer as Managing Director, and Nike has established a new executive post, Chief Information Officer (CIO), and hired Cheryan Jacob to fill it. Salomon has appointed Guillaume Meyzenq as the new Global Chief Product Officer - Softgoods, and Scott USA has appointed Jake Dudek as its new Chief Operating Officer. Skechers has added Rickea Jackson, a Los Angeles Sparks forward, to its roster of athletes. Topgolf has named Erin Chamberlin its new Chief Operating Officer, and Castore has appointed Peter Alecock as its Commercial Director. Veja has appointed Anthony Bunn as Sales Director for Europe, the Middle East, and Africa (EMEA). Puma has signed Lamara Distin, Jamaican high jumper, to an endorsement deal, and Zoot Sports has signed Craig "Crowie" Alexander as a brand ambassador. Klutch Athletics has added Isiah Harwell to its basketball roster and signed an NIL deal with Jalil Bethea. Aitana Bonmat [Extracted from the article]

This document provides financial data on various companies in the activewear, sports, and leisure industries. The quarterly results for Q1 2024 showed a decline in return on sales and aggregated industry profit in the sporting goods industry. The Apparel segment reported lower sales, with only Canada Goose experiencing higher year-over-year sales. The Footwear segment saw improved profitability and return on sales, with three companies achieving double-digit sales growth. The Equipment sector experienced changes, with Bowflex filing for bankruptcy and Amer Sports entering the market. The Diversified/Retail segment saw an increase in return on sales due to sales and profit gains at Garmin and Lululemon. The document includes revenue, percentage change, and net income for each company, as well as exchange rates for different currencies. The information is specific to the activewear segment, sports and leisure segment, and outdoor and recreation segment, and is sourced from SGI Europe in 2023. [Extracted from the article]

The article focuses on Lululemon's acquisition of Mirror, a futuristic at-home workout device, as part of its plan to become an experiential brand that finds customers "across multiple experiences," including their homes; and its venture into health tech has not worked out as well as expected.

Under Armour (UA) held an investor meeting after six years, with founder Kevin Plank returning to focus on building the brand and increasing profit. Plank aims to position UA among the top sports houses globally, emphasizing the importance of brand value over company sales. The company has made strategic changes, cutting back on promotions, reducing SKUs, and introducing innovative products like the StealthForm baseball cap and Neolast fabric. UA is shifting its focus to target younger consumers and expand its market presence in regions like Asia-Pacific, the Americas, and EMEA. [Extracted from the article]

In the third quarter of 2024, Swedish sportswear brand Björn Borg experienced an 8.8% increase in net sales, with significant growth in the Footwear and Sports Apparel categories at 29% and 25%, respectively. The company reported a gross profit margin of 52.1%, with operating profit increasing by 2.8%. Björn Borg's own e-commerce saw a 32% growth rate, while the German market stood out with a 44% year-on-year growth. CEO Henrik Bunge highlighted the positive development in Germany as a key growth market for the company. [Extracted from the article]

The article focuses on anti-Semitic remarks in October 2022 by Ye, the Grammy-award winning artist once known as Kanye West had a multidimensional ripple effect that placed the history of one of his business partners, adidas in the spotlight. Topics include exmaines in its delayed response to Ye, the German sportswear giant, a family business, allowed space for its past links to the Nazi regime to be placed anew under public scrutiny.

The article discusses the business impact of the termination of partnership between sportswear manufacturer Adidas and American rapper Ye. Topics explored include the revenue and profits of Adidas which may be attributed to the Yeezy sneakers and streetwear line which the firm developed with Ye, the statement issued by Adidas on October 25, 2022 regarding the antisemitic remarks made by Ye, and the response of Adidas employees to the attitude of Ye.

Nike is opening a new store in Barcelona, Spain, at the Aura building in Francesc Macià Plaza. This will be Nike's second-largest store in the city, with its largest store located near Gran Vía. Asics' Onitsuka Tiger brand is also opening its first store in Spain, located in Barcelona's Paseo de Gracia. POC, a Swedish protection and eyewear specialist, has launched a flagship online store to provide a seamless customer experience across multiple markets. Other brands such as Pangaia, Paris 2024, Rossignol, Skechers, Absolute Run, Castore, Decathlon, Gymshark, and various others have also announced store openings and expansions in different locations around the world. [Extracted from the article]

The author talks about prospecting of a brand new client or the client that has never worked with one's law firm before. He suggests to run a practice like a business and absolutely engage in business development to be a successful partner in a law firm. He analyzes the website, press releases, executive interviews, annual report and other filings of sports apparel manufacturer Under Armour.

In 2024, several major US companies have announced large layoffs as they adjust their workforce and reallocate resources. The reasons for these cuts include over-hiring during the pandemic and a focus on investing in artificial intelligence. Companies such as Google, Amazon, BlackRock, Cisco Systems, Citigroup, DocuSign, Duolingo, eBay, Estée Lauder, Microsoft, Morgan Stanley, Nike, PayPal, Snap, United Parcel Service, and Warner Music Group have all announced significant job reductions. These layoffs vary in scale and are part of broader restructuring efforts to increase profitability and adapt to changing market conditions. [Extracted from the article]

The article profiles Mark Parker, a sneaker designer and the chief executive officer (CEO) of the sportswear firm Nike who has been named Businessperson of the Year in 2015 by "Fortune" magazine. Under Parker's leadership since 2006, the firm has doubled revenues and profits and experienced a sixfold increase in its stock price. Nike Chairman Phil Knight plans to ask Parker to succeed him in 2016. Topics include product development, Parker's leadership style, technology, and marketing.

Bob's Stores is closing down all locations and has shut down its website, according to a press release. The 40-year-old athletic and casual apparel brand will cease operations as of July 14, according to a press release. The news comes... [ABSTRACT FROM AUTHOR]

Nike Inc. shares have dropped after the company's full-year outlook fell short of expectations, raising concerns about declining demand and competition from Adidas AG. Nike expects revenue to decline in the mid-single digits this fiscal year, while analysts had predicted 2% growth. The company has struggled to introduce new popular footwear products and has focused on its own digital and direct-to-consumer sales channels, reducing its reliance on retail partners. In contrast, Adidas has seen a positive outlook and has gained investor favor. Nike's sales have also suffered as it has attempted to pivot away from wholesalers, with sales on its website, app, and stores declining 8% in the last quarter. The company's revenue in the fourth quarter fell 1.7% to $12.6 billion, with notable declines in its Converse subsidiary. Nike plans to prioritize sports, new products, and wholesale partners to boost its sales. [Extracted from the article]

Nike Inc., the world's largest sportswear company, has issued a full-year outlook that fell short of expectations, causing its shares to plummet. The company expects revenue to decline in the mid-single digits for the current fiscal year, which has raised concerns about decreasing demand for its sneakers and apparel. Nike's sales have been struggling as it tries to shift away from wholesalers, with sales on its website, app, and stores declining 8% in the last quarter. The company plans to prioritize sports, new products, and wholesale partners to boost sales and is set to release new franchises in the fitness and lifestyle categories in the second half of the fiscal year. [Extracted from the article]

Nike Inc. reported lower-than-expected quarterly sales, leading to a drop in its stock price. The company's revenue fell by 1.7% to $12.6 billion for the fiscal fourth quarter, with sales through its website, app, and stores declining by 8%. Converse, a subsidiary of Nike, also experienced a significant drop in revenue. Nike's CEO, John Donahoe, is implementing cost-cutting measures and focusing on sports, new products, and wholesale partners to address the company's challenges. [Extracted from the article]

Nike Inc. has reported lower-than-expected quarterly sales, prompting the company to focus on strengthening relationships with retail partners and accelerating product development. The company's revenue decreased by 1.7% to $12.6 billion for the fourth quarter, falling short of analyst estimates. Nike's CEO, John Donahoe, is implementing cost-cutting measures and reducing the workforce in response to the ongoing weakness in sales. The company faces competition from emerging brands like On Holding AG and Deckers Outdoor Corp.'s Hoka running shoes, and Donahoe plans to prioritize sports, new products, and wholesale partners moving forward. [Extracted from the article]

Nike Inc. has made staff cuts to its Department of Nike Archives, a team responsible for collecting and preserving over 200,000 Nike shoes, gear, and artifacts. The archive, located in Oregon, is typically only accessible to designers, researchers, and marketers for inspiration. These layoffs are part of Nike's plan to reduce costs by $2 billion and have affected approximately 750 employees. The company has not provided any comment on the matter. [Extracted from the article]

The article profiles Vancouver, British Columbia-based athletic apparel company Lululemon Athletica, as of September 2013. It recounts problems the company has faced over the past year, including a batch of its yoga pants being too sheer and having to be pulled from stores and the abrupt resignation of chief executive officer (CEO) Christine Day. It profiles company founder and chairman Dennis Wilson. The company's expansion and executive leadership development program are discussed.

The article focuses on the marketing strategy of the sportswear and athletic company Nike. Topics include the move away from a single-slogan approach in favor of a targeted advertising campaign, the company's social media and Internet-based marketing practices, and the Nike ID personalization website that allows customers to design their own footwear. Information is provided on Nike Digital Sport, a division of the company that makes personal performance tracking devices and software that allows the company to obtain user data.

Nike Inc. recently launched a series of new products at the Palais Brongniart in Paris, including the 41st iteration of its Pegasus shoes. These new releases mark the beginning of a three-year product development cycle that Nike hopes will revitalize its business. The company has faced challenges in recent quarters, with a slowdown in sales and inventory issues. Nike's CEO, John Donahoe, has acknowledged the need for change and plans to focus on sports and speed up product development. The running sector has become increasingly competitive, with brands like On Holding AG and Hoka taking market share from Nike. In response, Nike plans to refresh its top running franchise, the Pegasus, in 2024. The new Pegasus shoes will be available to consumers in June, with a premium version set to launch in 2025. Nike's executives have emphasized the importance of innovation and differentiating factors like their proprietary Air technology. The company will also be closely watched during upcoming running competitions, such as the Boston Marathon and the Paris Olympics, as they compete to prove their performance capabilities. [Extracted from the article]

Nike Inc. is facing a challenge from upstart running-shoe brands like On and Hoka, which has impacted the sales of its classic basketball models such as the Air Force 1. As a result, Nike expects a decline in revenue in the first half of its fiscal year. This news has caused Nike's shares to fall, while rival Adidas AG's shares have seen gains. Both Nike and Adidas are also facing competition from On Holding AG and Hoka, as consumers seek alternatives to the dominant sneaker brands. Nike plans to shift its sneaker offerings away from some of its classic styles, which is a significant move for the company. Despite the first-half slump, Nike anticipates revenue and earnings growth in the next fiscal year. The company has implemented a restructuring plan to cut costs and is focusing on developing new products, boosting sales, and increasing advertising efforts. Nike reported higher-than-expected revenue for the quarter, with strong sales in North America and Greater China. The company has also been working to reduce inventory and make room for new merchandise. [Extracted from the article]

Chinese gymnast-turned entrepreneur Li Ning is considering taking his sportswear brand, Li Ning Co., private from the Hong Kong stock market. Li Ning is reportedly considering leading a consortium to buy out the company, which has a market capitalization of HK$57 billion ($7.3 billion). Private equity firms including TPG, PAG, and Hillhouse Investment have been approached to join the consortium. The potential delisting suggests that Li Ning is facing challenges in competing with international sportswear brands like Nike, Adidas, and Anta Sports Products in China. Chinese sportswear stocks have slumped recently, and Li Ning is expected to announce its full-year results on March 19. [Extracted from the article]

Copyright of TextilWirtschaft Online is the property of dfv Mediengruppe and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The article focuses on a global campaign by the clothing brand Champion, U.S., which redefines the concept of a "champion" beyond sports victories. It states that Champion has launched a digital global campaign centered around the idea of creation and impact. It mentions that they feature six creators from both sports and the arts. It highlights that the featured creators come from diverse backgrounds, including a deaf rapper and musician named Kevin "SignKid" Walker.

The article evaluates three sports bras: Polka Sports Bra offers snug support, Maaree Empower Sports Bra features a comfortable fit and moisture-wicking, Runderwear Energize Bra provides support and softness, though tricky to put on.

The article profiles Tim Boyle, chief executive officer (CEO) of Columbia Sportswear. Particular focus is given to Boyle's strategies for the company, which include his hiring of scientist Woody Blackford to develop new products to distinguish Columbia from competing firms such as The North Face and Patagonia. Details on the role of Boyle's mother, Gert Boyle, in the company as a businesswoman and as the star of several advertising campaigns are presented.

The article discusses about the designer James Perse. Topics of discussion includes Perse, self-professed "aesthetic junkie," launched his California casualwear empire in 1996. He recently launched Furniture & Home flagship and cafe on Robertson Boulevard and Greycape, a private five-suite estate with hotel amenities, in Cabo San Lucas, Mexico.

The article profiles the activewear clothing firm Outdoor Voices (OV) in relation to the notion of athleisure. Topics include the role of firm founder Tyler Haney in relation to the firm's expansion, the role of women as customers and employees of the firm, and Haney's efforts to secure investments in the company.

Norwegian sportswear and equipment company Active Brands is reorganizing its activities in Central Europe, with a focus on its brands Sweet Protection and Kari Traa in the DACH market (Germany, Austria, and Switzerland). The aim is to provide better service to retail partners and increase access to products for end consumers. Structural and personnel changes have been made, including the appointment of Richard Thomas as Sales Director for Central Europe. A new office and showroom will open in Germany in 2024, and additional staff have been hired for Sweet Protection and Kari Traa. Distribution of Sweet Protection will be taken over by Active Brands in Germany, while Intercycle AG will distribute in Switzerland and Liechtenstein. Kari Traa has a new sales agency in Austria. [Extracted from the article]

The article offers information on the competitive landscape of the sportswear industry, specifically whether Adidas can catch up with its main rival, Nike. It discusses that Adidas and Nike are two of the largest and most well-known sportswear brands in the world, and both companies have a global presence; while Nike has traditionally held a larger share of the sportswear market, and Adidas has been making gains in years and has been closing the gap between the two companies.

The article discusses the casual clothing fashion brand Uniqlo and the company's chief executive officer Tadashi Yanai as of May 2013, focusing on the treatment of Yanai's company in Japan in terms of media coverage and public criticism. It states that Uniqlo has been labeled as a black company in Japan due to complaints by employees over long work hours and job stress. Online retailer Rakuten's reported adoption of English as its official language is mentioned. Yanai's management style and his business success are examined, along with Uniqlo's parent company Fast Retailing.

The article offers a Marxist analysis of the invention of activewear. Particular focus is given to how activewear supports the aim of looking "hot, comfy and athletic." Additional topics discussed include late capitalism, actor Jane Fonda and her contributions to the fitness industry through her "Workout" VHS tapes, and the correlation between identity, shopping and clothing trends.

"Historically, when we had apparel and swim, customers loved us more", Greg Unis, president of Victoria's Secret and Pink, said during the presentation. (Bloomberg) -- Victoria's Secret & Co. will expand its swim, sport and apparel offerings, reverting back to a strategy that had been a key aspect of the business 10 years ago. [Extracted from the article]

(Bloomberg) -- Nike Inc. shares rose in late trading after the sportswear giant reported a drop in its stockpile of inventory - a sign it's making progress in moving out older merchandise for newer, more-profitable items. In Nike's home market of North America, revenue fell 2%, just missing expectations. [Extracted from the article]

"Nike's unchanged fiscal 2024 guidance and expectations for 100 bps of gross-margin expansion in 2Q are encouraging, given recent sentiment around slowing consumer-spending trends", Bloomberg Intelligence analysts Poonam Goyal and Abigail Gilmartin wrote. (Bloomberg) -- Nike Inc. shares jumped after surprise quarterly results indicated that demand for the sportswear giant's goods is strong - and growing - despite a challenging consumer environment. [Extracted from the article]

(Bloomberg) -- Nike Inc. reported a drop in its stockpile of inventory - a sign the company is making progress in moving out older merchandise for newer, more-profitable items. Nike has been offering discounts to get excess merchandise off of store shelves - a move that erodes profitability. [Extracted from the article]

Financial reporting Market chatter about Nike's 9 percent stock price decline over the last month,recent high inventory levels, and 23 percent drop in market value this year hadthe bears out in force ahead of the company's Q1 results yesterday. Nike Q1 figures in brief Nike reported a 10 percent Ebit decline in Q1 to $1.65 billion on 2 percentrevenue expansion to $12.94 billion. In the brand's home North American market, Q1 reported ebit improved by 4percent to $1.43 billion despite a 1 percent drop in total revenues to $5.42billion. [Extracted from the article]

Copyright of TextilWirtschaft Online is the property of dfv Mediengruppe and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The article evaluates sportswear products related to tops clothing: Tyna Batiq Mesh Workout Vest is personalized and versatile, Under Armour Iso-Chill Laser T-shirt offers cooling effect and flattering fit, Craft Hypervent SS Tee is excellent in length, cut, softness, and ventilation.

The article evaluates the TRI-FIT Geo Coral Tri-Suit from tri-fitathletic.com, highlighting its skin-like feel, compact pad, aerodynamic design, and the need to stay active in high heat for comfort.

The article evaluates sport products: BAM Flexa Seamless Running Shorts are comfortable but lack pockets; Trifit SiTech Dual Shorts offer flattering design, functionality, and fit; Under Armour Flex Woven 2 in 1 Short provides comfort, style, and proper fit.

The article evaluates sport products: Trifit Transition Towel is versatile for post-swim use, Born Bound Rekord Run Belt offers roomy storage, iSlva Running Poles are lightweight but have glove release and locking concerns.

The article presents a profile of the sports clothing company Fanatics founded by Michael Rubin. Information is provided on the company's manufacture of basketball jerseys featuring the name and number of former Cleveland Cavaliers player LeBron James, the alleged importance of intellectual property in sports clothing manufacturing, and its acquisition of exclusivity through vertical commerce integration.