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  • 03
    Apr
    2022

    NFT Startup Sets Sights on NHL, Team Ownership

    Article From:Front Office Sports Lipsweater, a Montreal-based NFT platform that specializes in hockey, is bringing its collectibles to the NHL in the hopes of owning a franchise in the future. Led by former Princeton goaltender Thomas Syc...

  • 29
    Mar
    2022

    Foot Locker Sets Goal To Achieve Net Zero Greenhouse Gas Emissions By 2050

    Article From:SGB Media Foot Locker, Inc. announced its ambition to achieve net-zero GHG emissions by 2050 or sooner to align with the climate scientists recommendations to transition toward a net-zero state. Foot Locker said its announcem...

  • 28
    Mar
    2022

    361° Sales Advance 16 Percent In 2021

    Article From:SGB Media 361 reported profits rose 45.0 percent in the year ended December 31 as revenue increased by 15.7 percent. Financial Highlights Revenue increased by 15.7 percent to approximately RMB 5,933.5 million; Gross profit in...

  • 28
    Mar
    2022

    Adidas To Create NIL Network

    Article From:SGB Media Adidas announced that it would create a name, image and likeness (NIL) network for up to 50,000 college athletes to become paid endorsers for the brand. According to the company, the network would be open to all eli...

  • 27
    Mar
    2022

    U.S. Reinstates 352 Product Exclusions From China Tariffs

    Article From:SGB Media The U.S. Trade Representatives office (USTR) has reinstated 352 of the 549 eligible exemptions from U.S. Section 301 tariffs on Chinese imports. The list released by USTR includes industrial components such as pumps...

  • 27
    Mar
    2022

    U.S. Golf Rounds Played Climb 13 Percent In February

    Article From:SGB Media According to Golf Datatech, U.S. rounds of golf played rose 13 percent in February 2022 compared to February 2021. The gain followed a decline of 12.2 percent in January 2022. For the year-to-date period, rounds wer...

  • 26
    Mar
    2022

    New study highlights dangerous chemicals in counterfeit goods

    Article From:SGI Europe The American Apparel Footwear Association (AAFA) has unveiled the results of a recent study on the dangers of counterfeit goods for consumers, conducted with British quality assurance provider Intertek. The study f...

  • 25
    Mar
    2022

    New Nike Athlete Think Tank worth $1.3 million

    Article From:SGI Europe Nike has launched the Nike Athlete Think Tank. A platform designed to support women and girls in sports. Because women and girls dont have equal access to play and sport, we teamed up to share our experiences and t...

  • 23
    Mar
    2022

    Li Ning Sees 2021 Revenues Surge 56 Percent

    Article From: SGB Media Li Ning reported earnings more than doubled in the year ended December 31 as sales grew 56 percent. Sales reached RMB22.6 billion against RMB14.5 billion a year ago. Revenues grew 50 percent to RMB9.5 billion in fo...

  • 22
    Mar
    2022

    Anta Sports Posts $7.7B Fiscal Year

    Article From: Front Office Sports Anta Sports, the Nike of China, posted growth across all its business operations in 2021 in the companys latest earnings report. The Chinese sportswear company generated $7.7 billion in revenue in FY2021,...

  • 21
    Mar
    2022

    Nike Gets Needed Boost from Earnings Beat

    Article From: Front Office Sports Nike saw modest sales growth in its fiscal third quarter as it continues its push toward direct-to-consumer sales. The Swoosh notched $10.9 billion in revenue, up 5% year-over-year (8% on a currency-neutr...

  • 20
    Mar
    2022

    February Retail Sales Rose Strongly Year-Over-Year

    Article From:SGB Media Retail sales showed a strong year-over-year gain in February, but the monthly pace slowed compared with January as inflation drove up prices and lingering effects of the COVID-19 Omicron variant affected the supply...

  • 19
    Mar
    2022

    Tennis Sees Significant Growth In 2021 Participation And Equipment Sales

    Article From:SGB Media The USTA announced that tennis showed significant growth in participation and equipment sales in 2021, marking the second year for the trend. According to the Physical Activity Councils (PAC) Participation report, p...

  • 18
    Mar
    2022

    Adidas completes divestiture of Reebok, launches new share buyback scheme

    Article From:Just Style In several markets, Adidas will continue to operate the business on behalf of ABG during a transition period, following which the Reebok business will fully transfer to ABGs operating partners via a series of defer...

  • 15
    Mar
    2022

    Lululemon Jumps Into Women’s Footwear

    Article From:Front Office Sports In 2019, Lululemon announced it would be leaning into footwear. Three years later, the fitness brand is finally releasing its products. The move is the companys latest attempt at competing with top athleti...

  • 14
    Mar
    2022

    FDRA Report: Footwear Prices Increased 7 Percent In February

    Article From:SGB Media Footwear Distributors and Retailers of America (FDRA) said footwear prices rose 7.0 percent year-over-year, second only to Mays fastest year-over-year increase in 33 years. Prices for Mens footwear were up 5.3 perce...

  • 13
    Mar
    2022

    Peloton Testing Subscription Bike Program

    Article From:SGB Media Peloton plans to explore a bike subscription plan under various pricing models in select U.S. markets as it seeks new avenues for growth and a path to profitability. The company said it has created a limited pilot p...

  • 12
    Mar
    2022

    TrusTrace launches Certified Material Compliance with Adidas as first adopter

    Article From:Just Style TrusTrace, a global SaaS company with a platform for product traceability and supply chain transparency said Adidas is one of the first companies to adopt the solution. Sweden based TrusTrace says the solution cove...

  • 08
    Mar
    2022

    Puma is looking for 500 testers for the next phase of the Re:Suede project

    Article From:SGI Europe Puma is looking for 500 people in Germany to join brand ambassadors such as Cara Delevingne and Raphal Varane to test the Re:Suede sneaker and become part of the companys experiment to find out if it is possible to...

  • 07
    Mar
    2022

    Anta To Open Fila-Branded Hotel In Shanghai

    Article From:SGB Media Anta announced a partnership with Hyatt Hotels to open a lifestyle hotel concept, Fila House Shanghai, in 2024. According to a release from Hyatt, the development of Fila House Shanghai marks the first time Fila Chi...

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