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☆ CEOs around the world started talking about Trump's tariffs as soon as he won
▼ + stars: | 2024-11-08 | by ( Polly Thompson | ) www.businessinsider.com time to read: +8 min

It is months before Trump's inauguration, but tariffs are already on the lips of global business leaders. AdvertisementAs soon as Donald Trump won reelection, CEOs worldwide discussed his plans for a new era of global tariffs. AdvertisementOn Wednesday, Oliver Zipse, chairman of BMW, downplayed fears over tariffs during a third-quarter earnings call, citing the company's large US business. Advertisement"Politics is politics," Ikea's CEO, Jesper Brodin, told Business Insider when asked about how Trump's tariffs would affect international business. Soon after Trump's departure from the White House, the two sides ended their dispute and axed the tariffs, but renewed tariffs could lead to issues once again.

Persons: Donald Trump, Ralph Lauren, —, Trump, he'd, John Deere, Trump's, Shinju Aoyama, Aoyama, Shinji Aoyama, YOSHIKAZU, Piyush Gupta, Gupta, Europe Trump, Davidson, Oliver Zipse, Zipse, Maja Hitij, Arne Freundt, Freundt, Jesper Brodin, Guillaume Faury, Faury, OZAN KOSE, Martin Sorrell, Sorrell, Justin Picicci, Ralph Lauren's, Picicci, Timothy Boyle Organizations: BMW, Airbus, Ikea, Service, Biden, Japan's Honda Motors, Honda, Getty, DBS, Mercedes, Volkswagen, Puma, European Union, Boeing, EU, White, North, Columbia, Washington Post Locations: China, Mexico, Europe, AFP

☆ Adidas is getting back on track after Yeezy woes
▼ + stars: | 2024-10-30 | by ( Maria Noyen | ) www.businessinsider.com time to read: +4 min

Adidas posted strong third-quarter growth. Operating profit jumped to 598 million euros ($646 million) from 409 million euros ($442 million) the year before. AdvertisementBjørn Gulden, who took over as Adidas CEO in 2023, said the Q3 numbers were evidence that Adidas is "moving in the right direction." Adidas stock dipped slightly on Wednesday but is up 20% since the start of the year, valuing the company at almost 40 billion euros ($43 billion). Related storiesOne of the reasons Adidas is finding success in the increasingly competitive athleisure and footwear industry is through the revival of retro styles such as the Adidas Samba, which was coronated the "It Shoe" of 2023.

Persons: Bjørn Gulden, —, Ye, Bjørn, Alexander Hassenstein, Neil Saunders, Gulden, Matthew Quint, Quint Organizations: Adidas, Service, Kanye, Puma, Center, Global Brand Leadership, Columbia Business School, Nike Locations: China

☆ CNBC Sport: Why bars and restaurants are shedding 'Sunday Ticket' subscriptions
▼ + stars: | 2024-10-17 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +29 min

As a condition of that deal, EverPass included the right to build its own commercial streaming connection for "Sunday Ticket," bypassing third-party licensing. 1) Some commercial establishments are switching to EverPass's internet product. 2) Some commercial establishments are cutting the cord on pay-TV in general. 3) Certain commercial establishments are using YouTube's "Sunday Ticket" and paying residential prices (about $500 per year) instead of the higher business rates. 3) Certain commercial establishments are using YouTube's "Sunday Ticket" and paying residential prices (about $500 per year) instead of the higher business rates.

Persons: Alex Sherman, DirecTV's, What's, EverPass, Lillian Rizzo, –, Everpass, It's, Craig Kilborn, Val Ackerman, Ackerman, that's, We're, Alex, you've, they're, Jeff Shell, Tom Brady, Tom Wagner, CNBC's Michael Ozanian, Jessica Golden, Brady, He'll, Wagner, Warner, Jake Piazza, CNBC's Rizzo, Nielsen, That's, — Ian Charles, Arctos, Charles, NBC's Peacock, Christian Miller, Miller, Adam Silver doesn't, Jim Dolan, Abu, Greg Norman, Norman, Rory McIlroy, Tiger Woods, Chiney Ogwumike Organizations: CNBC, NFL, Google, YouTube, DirecTV, EverPass Media, RedBird Capital Partners, Amazon Prime, ESPN, Dish Network, Big East Conference, WNBA, Big, CNBC Sport, Skydance, Paramount Global, Shell, Paramount, Las Vegas Raiders, Knighthead, Raiders, Fox Sports, NBA, Warner Bros, Discovery, TNT, MLB, Los Angeles Dodgers, New York Mets, Mets, Revenue, League, Golden State Warriors, Boston Celtics, Philadelphia Phillies, Wall Street, Comcast, Puma, NBC News, U.S, SEC, New York Times, Sphere Entertainment, Saudi Arabia's Public Investment Fund, Sports Business, PGA, Chiney, Continent Foundation, Philadelphia Eagles, Kansas City Chiefs, Visual China, Getty, Big East Locations: Apple, New York, American, Boston , Philadelphia, Northern California, U.S, Abu Dhabi, Vegas, Queens, Africa, Newport Beach , California

☆ Track's next great sprinter is bypassing college and signing with Puma
▼ + stars: | 2024-10-15 | by ( Andrew Greif | Andrew Greif Is A Freelance Sports Journalist. | ) www.nbcnews.com time to read: +5 min

Christian Miller was a high school senior last April when he became one of the fastest teenagers in track and field history. Running 9.93 seconds in the 100 meters one month before his 18th birthday left Miller wondering how much faster he could go. His fifth-place finish in the 100 at June’s U.S. Olympic track and field trials emboldened his confidence that he belonged with professionals, he said. I’m trying to stand myself down as one of the top 100- and 200-meter runners.”Christian Miller during a practice. Details of professional contracts in track and field are rarely disclosed, and the terms of Miller’s were not, either.

Persons: Christian Miller, Miller, he’ll, Ricky Fields, Liberty University . Miller, ” Miller, Noah Lyles, you’ve, Letsile, ” Christian Miller, Usain Bolt, Mario Bassani, Letsile Tebogo, I’ve, ”, “, Erriyon Knighton, Tamari Davis, Hobbs Kessler Organizations: Puma, NBC News, NCAA, Liberty University, June’s U.S, University of Georgia, NBC, Management, Oakley, Creekside, School, U20, UGA, U.S . Locations: Jacksonville, Fla, Los Angeles, Clermont, U.S, Tokyo

☆ U.S. men's soccer begins Pochettino era with 2-0 friendly win over Panama
▼ + stars: | 2024-10-13 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

AUSTIN, Texas — Mauricio Pochettino arrived at Q2 Stadium to see posters and banners with his face around the grandstand and behind a goal. Pochettino was given a contract through the 2026 World Cup that the U.S. will co-host and is tasked with sparking a team that has not reached the World Cup quarterfinals since 2002. But when a new coach is coming, for sure a victory, and that’s what happened,” Panama coach Thomas Christiansen said. Mexican referee Katia Garcia was believed to be the first woman to referee a U.S. men’s national team match. Goalkeeper Zack Steffen, who hasn’t played for the U.S. since the last World Cup qualifiers in March 2022, did not dress because of what the U.S. Soccer Federation said was a minor injury.

Persons: Texas — Mauricio Pochettino, Yunus Musah, Christian Pulisic, Ricardo Pepi, ” Pochettino, “ It’s, Germain, Gregg Berhalter, Pochettino, Musah, ” Musah, Antonee Robinson, Michael Murillo, Brenden Aaronson, César Blackman, Orlando Mosquera, “, He’s, ”, Pulisic, “ He’s, ” Pulisic, Sergiño Dest, Tyler Adams, Gio Reyna, Tim Weah, Balogun, Malik Tillman, Matt Turner, Haji Wright, Pepi, —, Turner, Puma Rodríguez’s, Bárcenas, Panama’s José Fajardo, ” Turner, Panama, Weah, Thomas Christiansen, ” Tim Ream, Preki, Josh Sargent, Katia Garcia, Zack Steffen, hasn’t, Marlon Fossey, Weston McKennie Organizations: AC Milan, Panama, Mexico, Tottenham, Chelsea, Paris Saint, Copa America, Serie, U.S, ”, Iran, men’s, U.S . Soccer Federation Locations: AUSTIN, Texas, Guadalajara, U.S, Paris, American, Austin, ” Panama, Mexican

☆ Selena Gomez is a billionaire
▼ + stars: | 2024-09-06 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Selena Gomez can now add becoming a billionaire to her long list of achievements. The 32-year-old actress, singer, investor and entrepreneur just achieved the financial milestone thus making her one of the youngest self-made billionaires in the United States, according to Bloomberg, which values her net worth at $1.3 billion. But her following has also helped her Rare Beauty line, putting her in the celebrity-led category of makeup brands dominated by Rihanna and the Kardashians. Gomez also has reportedly reached out to investors for Rare Beauty, seeking a $2 billion valuation. Gomez’s representative didn’t immediately respond to CNN’s request for comment.

Persons: New York CNN — Selena Gomez, influencers, Instagram, Cristiano Ronaldo, Lionel Messi, Gomez, didn’t Organizations: New, New York CNN, Bloomberg, Puma, Rihanna, Rare, Fund, Hulu Locations: New York, United States

☆ The Paris Olympics wanted a fast track and it got one – this is how it was made
▼ + stars: | 2024-08-12 | by ( Liam Tharme | ) www.nytimes.com time to read: +13 min

There were two requirements for the Stade de France track for the 2024 Paris Olympics: make it purple and make it fast. But Paris was fast: seven Olympic records and three track and field world records were set at the Games. Thirteen men ran under Kenenisa Bekele’s 10,000m Olympic record (Michael Steele/Getty Images)Four men broke Jakob Ingebrigtsen’s 1500m Olympic record from Tokyo, including Ingebrigtsen, only for him to not medal. Washing the Olympic track in Tokyo in 2021 (Antonin Thullier/AFP via Getty Images)One myth Stroppiana is keen to bust is track hardness. And since then we haven’t been able to change that point of view.”How hard is the Paris track?

Persons: Joshua Cheptegei 10000m, Cole, Arshad Nadeem Javelin, Sydney McLaughlin, Marileidy Paulino, Uganda’s Joshua Cheptegei, Michael Steele, Jakob Ingebrigtsen’s, Noah Lyles ’, Richard Heathcote, Maurizio Stroppiana, Mondo, ”, Stroppiana, Antonin Thullier, “, haven’t, Patrick Smith, ’, Denis, Pakistan’s Arshad Nadeem, Nathan Laine Organizations: Stade de France, Joshua Cheptegei 10000m Uganda, Bahrain, Dominican, Kenya, Kipyegon, Getty, Mexico City, Paris, Getty Images, University of Milan, Olympic, Stade, Adidas, Nike, Asics, Puma, Bloomberg Locations: Rio de Janeiro, Paris, London, Rio, Tokyo, Sweden, Seville, Italian, Moscow, Mexico, Barcelona, Mexico City, AFP, Atlanta, Los Angeles, USA, Brisbane, Australia, Before Tokyo

☆ How supershoes are redefining the Olympic marathon
▼ + stars: | 2024-08-09 | by ( Susan Baek | News Associate | ) www.nbcnews.com time to read: +6 min

Previously, running shoes were “flats” designed with a less-is-more approach. Carbon-plated supershoes from various brands are now worn by your average runners chasing personal records at major marathons around the world. Since the Vaporfly’s debut in 2016, runners have shattered world records, including achieving a sub-two-hour marathon. Japanese marathon runner Yusuke Ogura wears Nike Zoom Vaporfly running shoes in Marugame City in 2020. But while supershoes have transformed the landscape of professional running, the sport requires much more than a sturdy pair of running shoes.

Persons: ”, Elliott Heath, Heath, Fiona O’Keeffe, James Gilbert, ” O’Keeffe, “, LZR, Yusuke Ogura, Kota, Vaporflys, ” Heath, Tigst Assefa Organizations: Nike, Paris Olympics, Team USA, Puma, U.S, NASA, Kota Kawasaki, The New York Times, Athletics, Tokyo, Marathon, Adidas, Olympics, World Athletics Locations: Rio, Paris, Orlando, Fla, Marugame City, Vienna, Tokyo

☆ FTC launches probe into 'surveillance pricing' that it says links cost to customer data
▼ + stars: | 2024-07-23 | by ( Contessa Brewer | ) www.cnbc.com time to read: +2 min

The Federal Trade Commission is launching an investigation into so-called "surveillance pricing," seeking more information about how artificial intelligence is used to change pricing rapidly based on data about customer behavior and characteristics. The FTC says the practice allows companies to charge different customers, different prices. "Firms that harvest Americans' personal data can put people's privacy at risk," FTC Chair Lina Khan said in a news release. Kahn describes surveillance pricing as a "shadowy ecosystem of pricing middlemen." Mastercard said in a statement, "We will cooperate with the FTC in this process."

Persons: Lina Khan, Kahn Organizations: Federal Trade Commission, CNBC, Summit, FTC, Mastercard, JPMorgan Chase, Accenture, McKinsey, Home Depot, Tractor Supply, Hannaford, Puma Locations: Washington ,

☆ New Balance partners with the WNBA as the brand looks to grow in women's sports
▼ + stars: | 2024-07-16 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Cameron Brink #22 of the Los Angeles Sparks plays defense against Bridget Carleton #6 of the Minnesota Lynx on June 5, 2024 at Crypto.com Arena in Los Angeles, California. Juan Ocampo | National Basketball Association | Getty ImagesNew Balance on Tuesday announced a multiyear deal with the WNBA, joining a growing roster of backers for women's sports. The agreement will make New Balance an official partner of the WNBA and will include broadcast, digital and retail content featuring Los Angeles Sparks rookie forward Cameron Brink. The deal comes as New Balance looks to grow the company's share across basketball and to become a leader in women's sports. In August, Cameron Brink became the first woman's basketball player to sign with New Balance.

Persons: Cameron Brink, Bridget Carleton, Juan Ocampo, Armour, Jessica Vassall, Brink, Kawhi Leonard, Balance, Jeff Haynes Organizations: Los Angeles Sparks, Minnesota Lynx, Crypto.com Arena, National Basketball Association, Getty, WNBA, Adidas, Nike, Puma, New, Stanford University, NBA, CNBC, Paris Olympics, Chicago Sky Locations: Los Angeles , California, Chicago , IL

☆ Women's sports merchandise is an estimated $4 billion industry but fans still can't find the items they're looking for
▼ + stars: | 2024-07-03 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +12 min

"When you invest in a jersey, that means you really appreciate that person, their character, and what they bring to the game," Krieger said. Sports Innovation Lab estimates the women's sports merchandise industry is worth $4 billion — conservatively. People simply don't know where to find merchandise — 32% of fans reported having an issue finding a seller for women's sports merchandise compared to just 18% of fans looking for men's, according to Sports Innovation Lab's 2024 Women's Sports Merchandise Survey. But while big brands are making strides in partnering with women's professional teams to create merchandise, the women's sports merch buying experience is still lacking. Building the women's game takes an ecosystem of collaboration involving fans, athletes, leagues, team sponsors, and retailers.

Persons: —, Ali Krieger, Krieger, Mary Earps, Marc Atkins, Nike's, Aubrey Kingsbury, it's, Alyssa Naeher's, there's, didn't, A'ja Wilson, Caitlin Clark, Puma, Bjørn Gulden, Arne Freundt, Dylan Buell, isn't, Angela Ruggiero, Ruggiero, Roy Rochlin, Stringer, " Krieger, Megan Gokey, Alex Morgan, Chloe Kim, Simone Manuel, Sue Bird, Klarna, Billie Jean King's, Esther Kim's, Zach Boisjoly, we've Organizations: Service, National Women's Soccer League, FFC Frankfurt, Eintracht Frankfurt, German, Business, FIFA, England, New York Times, Adidas, Puma, Nike, Washington Spirit, Chicago Red Stars, Innovation, Sports, Google, WNBA, WTA, Survey, NBA, Manchester United, AC Milan, Bloomberg, Indiana Fever's, Sports Innovation, Realty Trust, Professional Women's Hockey League, League, Media, Sports Foundation, NCAA, New York, Gotham FC, New York Liberty Locations: Germany, Morocco, Esther Kim's Playa, New Jersey, New

☆ AeroVironment CEO describes how drones are the future of modern warfare
▼ + stars: | 2024-06-27 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

In a Thursday interview with CNBC's Jim Cramer, AeroVironment CEO Wahid Nawabi described how the defense contractor's drones are used in battle, saying the technology will be a significant part of modern warfare. "The fundamental shift in warfare is that distributed intelligent robotic systems, loitering munitions, small drones — that's what we specialize in — is going to be a much bigger piece of the warfare in the future," he said. Nawabi discussed weapons including the Switchblade 600 — a kamikaze-type drone — and the Puma AE, which is primarily used for surveillance. The former is unique because it is able to "loiter" for 40 minutes to find a target, he said. According to Nawabi, the U.S. Army plans to buy more than a thousand Switchblade 600s as part of the Pentagon's latest initiative.

Persons: CNBC's Jim Cramer, Wahid Nawabi, Nawabi Organizations: Puma, U.S . Army

☆ The women behind the glitz and glamour of New York’s fabled department stores
▼ + stars: | 2024-06-05 | by ( Cat Woods | ) edition.cnn.com time to read: +9 min

CNN —Before the nationwide influx of suburban malls and the convenience of online shopping, there was a golden age of American department stores. Satow’s evocation of this historic age is timely, with the death knell for many US department stores well and truly ringing in our ears. Sally Moss“When department stores originally opened, (they represented) one of the rare opportunities for women to congregate together in public,” Satow told CNN. Her motivation was to make department stores enticing — and accessible — for women of all means.) Read: “The Dallergut Dream Department Store” (2024)A bestseller in Korea, the debut novel (and first of a two-book series) from author Miye Lee weaves a fantastical narrative around, as its title suggests, a department store selling consumers’ perfect dreams.

Persons: strategized, Hortense Odlum, Bonwit Teller, Dorothy Shaver, Taylor, Geraldine Stutz, Henri Bendel, Julie Satow’s, Odlum, Shaver, Stutz, Sally Moss “, ” Satow, “ Dorothy Shaver, …, ’, ” Doubleday, —, Elizabeth Arden, Helena Rubinstein, “ Hortense Odlum, Jill Krementz “, “, ”, Madeleine St, Goode, Kim Cattrall, Jonathan, Andrew McCarthy, Estelle Getty’s, Claire Timkin, Hollywood Montrose, Miye Lee, Miss Jones ”, John P, Merrick, Charles Coburn, Mary Jones, Jean Arthur, Helena Rubinstein ”, Lindy Woodhead, mindedly Organizations: CNN, puma, Harrods, Rive, TIME, Fashion Group, Fashion, Fashion Industry Hall of Fame, New, & $ Locations: America, Bonwit, Europe, London, Le Bon, Paris, New York, TikTok, Sydney, Australia, Korea

☆ Puma thinks its Palermo sneakers might be this year's Adidas Samba
▼ + stars: | 2024-05-08 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

Puma posted quarterly earnings on Wednesday that pushed shares 12% higher. The German sportswear giant flagged rising demand for its Palermo sneakers. The "terrace" trend has helped boost sales for Puma and arch rival rival Adidas in recent years. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPuma touted rising demand for its retro terrace-style range on Wednesday as it posted first-quarter earnings that were in line with analysts' expectations but still sent shares soaring.

Persons: Puma, — Organizations: Palermo, Puma, Adidas, Service Locations: Americas

☆ JD Sports to buy U.S. rival Hibbett in $1.08 billion sportswear retail deal
▼ + stars: | 2024-04-23 | by ( ) www.cnbc.com time to read: +2 min

(Photo by May James/SOPA Images/LightRocket via Getty Images)JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as Britain's biggest sportswear retailer looks to expand across the southeastern U.S. The deal comes as shares in athletic clothing retailers come under pressure globally after weak outlooks from sports apparel makers such as Nike and Puma. It will pay $87.50 per Hibbett share in cash, representing a premium of about 20% to the U.S. firm's last closing price. JD Sports shares, which have fallen more than 20% so far this year, were up 6% by 0900 GMT. The deal is expected to add to the British firm's earnings in the first full year of ownership, with cost savings expected to be at least $25 million, JD said.

Persons: May James, Foot Locker, Dominic Platt, JD Organizations: UNITED, Getty, Hibbett Inc, Nike, Puma, Adidas, JD Sports, Paris Olympics Locations: UNITED KINGDOM, England, premarket U.S, U.S, North America, Bury, Greater Manchester

☆ Opinion: Ancient superstitions about eclipses paved the way for this scientific truth
▼ + stars: | 2024-04-06 | by ( Opinion Jason Colavito | ) edition.cnn.com time to read: +7 min

CNN —In ancient Mesopotamia, a solar eclipse was a cause for deep concern. Today, eclipses retain a little bit of their historic role as harbingers of doom. Many cultures imagined a solar eclipse occurred when a mythological being ate the sun. A group of people safely watching a solar eclipse in New York City in 1865. During the solar eclipse of 1842, 20,000 people of all social classes gathered in Perpignan, France, and applauded the sun’s performance.

Persons: Jason Colavito, Jimmy, James Dean, Herodotus, Thales, Miletus, Corbis, “, Pierre Gassendi, Christopher Columbus, Mark Twain, François Arago Organizations: New, Slate, CNN, puma, Thales, Connecticut Yankee, King Locations: New York, New Republic, Mesopotamia, United States, American, Vietnam, North America, China, New York City, France, Paris, Columbus, King Arthur’s, Perpignan

☆ Why the pioneering abstract painter Janet Sobel disappeared from the art world at the height of her fame
▼ + stars: | 2024-04-01 | by ( Helen Stoilas | ) edition.cnn.com time to read: +10 min

Edward C. Robison III/Courtesy The Menil CollectionSobel’s rise in the New York art scene was speedy — and short-lived. An untitled Sobel work, featuring totemic figured rendered in crayon and gouache on drawing pad paper. There’s a lot to still learn.”An untitled Sobel work, circa 1946. Courtesy the Museum of Modern Art/The Menil CollectionAn untitled Sobel work, circa 1946-1948. James Craven/Courtesy The Menil CollectionWhat the exhibition demonstrates above all is how innovative Sobel was, in both her media and methods of application.

Persons: Jackson Pollock, Willem de Kooning, Janet Sobel, you’ve, Sobel, Edward C, Robison III, Sol Sobel, Sidney Janis, Janis, “ Janet Sobel, Clement Greenberg, Pollock, ” Greenberg, —, totemic, Paul Hester, Len Sobel —, — Sobel, Baruch, ” Len Sobel, Peggy Guggenheim, Guggenheim, Louise Bourgeois, Lee Krasner, Leonora Carrington, New Jersey —, Natalie Dupêcher, ” Dupêcher, Len Sobel, William Rubin, Rubin, Sobel —, Len Sobel’s, I’m, James Craven, …, ”, Dupêcher, “ Organizations: CNN, Brooklyn Daily Eagle, Art Students League, Arts Club of Chicago, Brooklyn Daily, New, Puma, ”, Museum of Modern Art, National Gallery of Art, Menil, Brooklyn, Pennsylvania Academy, Fine Arts, Guggenheim, EPA, of Modern Art, MoMA, San Diego Museum of Art, Crystal Bridges Museum of American Locations: New York, Paris, Brighton Beach , Brooklyn, Brooklyn, Washington ,, Houston —, Ukrainian, New Jersey, York, Manhattan, Venice, Perth Amboy, Plainfield , New Jersey, Ukraine, Bentonville , Arkansas, America

☆ Dua Lipa and Callum Turner are bringing back this vintage travel accessory
▼ + stars: | 2024-03-29 | by ( Leah Dolan | ) edition.cnn.com time to read: +2 min

CNN —Romance was in the air at London’s St. Pancras station on Tuesday, and not just because burgeoning power couple Dua Lipa and actor Callum Turner were spotted returning from a trip to Paris. Beyond their similar leather jackets, there was something nostalgic, even sentimental about their looks. Turner wheeled a silver Rimowa cabin case decked out with a smorgasbord of luggage stickers. The fashion for luggage patches began around the 1900s — they were typically offered by grand, palatial hotels. “In this age of nostalgia… I say bring back the travel sticker,” wrote the New York Times in 1971, insisting that the colorful decorations are key to evoking pleasant memories and standing out from the crowd.

Persons: Dua Lipa, Callum Turner, Jane Birkin, Turner, Neil Mockford, ”, Birkin, “, it’s, Taylor, Lipa — Organizations: CNN, Dua, Puma, New York Times, Vogue Locations: London’s St, Pancras, Paris, Lipa, Palermo, Italy, Costa Rica, Greece, Israel, Palestine

☆ Stylists and designers share 8 shoe trends that are in and the 4 that are out for spring
▼ + stars: | 2024-03-18 | by ( Amena Ahmed | ) www.businessinsider.com time to read: +7 min

Business Insider asked three fashion experts to share which shoe trends are in and out for spring. Clogs and mules are easy, comfortable, and popular trends that are on the rise this season. Business Insider spoke to two fashion designers and a stylist about which shoe trends are in and out for spring. AdvertisementBallet-flat-inspired sneakers with openings at the top of the shoe and strap-like laces are coming to the forefront of high fashion, according to fashion designer Jarrah Webster. Edward Berthelot/Getty ImagesAlthough the chunky "dad shoe" silhouette was super popular this time last year, they're falling out of favor.

Persons: —, you'll, Jarrah Webster, Webster, Semarah Gabrielle, It's, Claudio Lavenia, Jazmin Monét, Jeremy Moeller, Gabrielle, they're, Edward Berthelot, Monét, they'll Organizations: Service, Ballet, Adidas, Puma, Reebok

☆ Meet the man trying to save Adidas — but he'd rather be playing football for Germany
▼ + stars: | 2024-03-17 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +3 min

CEO Bjørn Gulden was appointed as the company was reeling after the end of its Yeezy collection. Gulden, a former athlete, refocused on Adidas' classic Samba sneaker, popular with Gen Z. AdvertisementGulden began his career playing soccer for national leagues in Germany and Norway before an injury forced him to retire. Gulden has successfully ramped up production of Adidas' Samba and Gazelle sneakers. "We currently have maybe the hottest shoe in the market … and it's the Adidas Samba," Gulden said on an earnings call last year.

Persons: Bjørn Gulden, Z, —, Ye, didn't, Manuel, Manuel Neuer, Gulden, Rihanna, Jay Organizations: Adidas, Service, Kanye West, FT, German, Puma, Defamation, Business, Street Journal Locations: Germany, Norway

☆ Extended-reality workouts usher in an immersive era of virtual fitness on VR headsets
▼ + stars: | 2024-03-08 | by ( Diana Umana | ) www.businessinsider.com time to read: +6 min

Business Insider spoke with leaders at the fitness brands Puma, Les Mills, FitXR, and Supernatural about leveraging extended reality to provide tech-driven workouts. Shifting perceptions of fitness technologyPuma this year partnered with Meta Quest 3 to launch immersive mixed-reality workouts in the metaverse. He recalled seeing people's perceptions of VR workouts change at a launch event for Puma and Meta Quest's partnership earlier this year. Lisa Edwards, Les Mills' digital innovation director, said the game's development required the company to adapt to connect "a global community of fitness enthusiasts." Three years ago, when Les Mills met with developers, the technology was more rudimentary; putting time and resources into extended-reality services was a risk.

Persons: —, Rachel Z, Les Mills, Ivan Dashkov, I've, Dashkov, Kathryn Przybyla Dashkov, there's, Lisa Edwards, Lisa Edwards , , Les Mills Edwards, Sam Cole, Cole, Achilles, FitXR Cole, Leanne Pedante, Lindsey Byrnes, Pedante Organizations: Service, Puma, Meta, aha, Les Mills, VR Locations: FitXR, Les

☆ AC Milan: How this soccer team became a style success story
▼ + stars: | 2024-03-05 | by ( Daniel-Yaw Miller | ) edition.cnn.com time to read: +4 min

The Pleasures tie-up may have been a surprise to traditional soccer fans, but it was by no means an accident. AC Milan has pursued a number of partnerships — including tapping Off-White as its official “style and culture curator” — since its $1.2 billion acquisition by US investment firm RedBird Capital Partners in August 2022. AC Milan’s infiltration of fashion has gone further than any soccer team before, even France’s Paris Saint-Germain (PSG), which not so long ago was the favored sports collaborator of brands like Dior, Stüssy and Jordan. This gray varsity with Off White and AC Milan branding is sold out. Courtesy AC MilanUnlike PSG, AC Milan does not have the same kind of international stardom in its squad that automatically comes with cultural caché.

Persons: Kylie Jenner, Ib Kamara, ”, Germain, Stüssy, Lionel Messi, Neymar Jr, Kylian, Lauren Cochrane, “ It’s Organizations: The, Fashion, CNN, Milan, Napoli, Milanese, Los, Vogue Italia, RedBird Capital Partners, Saint, PSG, Dior, White, Milan AC Milan’s, Puma, Guardian Locations: Los Angeles, thoughtfully, Jordan, Italy

☆ Yaroslava Mahuchikh: ‘When I see Russian athletes …. I see every city destroyed,’ says Ukrainian high jumper
▼ + stars: | 2024-02-08 | by ( George Ramsay | ) edition.cnn.com time to read: +9 min

Mahuchikh won her first world championship title in August, then successfully defended her Diamond League Final victory in September. That’s often a source of anxiety for Mahuchikh, especially when Russian attacks target the eastern city. This year’s Olympics, Mahuchikh believes, will enable Ukrainian athletes to promote a message of peace, though perhaps inevitably, the Games have also become entwined in geopolitics. However, international federations have the first say on whether Russian and Belarusian athletes can qualify for the Olympics. “When I see Russian athletes … I see every city destroyed, every life that was destroyed by Russian people, by the Russian Federation,” she says, adding that she would find it “difficult” to compete against athletes from Russia and Belarus.

Persons: Yaroslava Mahuchikh, Mahuchikh, “, ” Mahuchikh, –, Ben Stansall, itinerancy, ”, ‘, it’s, ’ ”, General’s, Kirby Lee, Vadim Guttsait, Greg Baker, shouldn’t, …, Emmanuel Macron, Dean Mouhtaropoulos, Guttsait, Karsten Warholm, Duplantis, Puma – Organizations: CNN, CNN Sport, Diamond League, Paris Olympics, Getty, Department, USA, Reuters, Olympic Committee, International Olympic Committee, Games, Olympics, Athletics, Ukrainian, Russian Federation, IOC, Millrose, Puma Locations: Ukraine, New York, Glasgow, Budapest, AFP, Europe, Dnipro, That’s, “, ’, ’ ” Dnipro, Russia, Belarus, Xiamen, China, Paris, Belarusian, Russian, Silesia, Poland, Tokyo, Cottbus, Germany

☆ Clothing brands failing to eradicate forced labor risk in supply chains, research finds
▼ + stars: | 2024-02-01 | by ( Elliot Smith | ) www.cnbc.com time to read: +3 min

(Photo by Edward Berthelot/Getty Images)Many of the world's major fashion brands are failing to address forced labor in their supply chains, according to a report, with French luxury giant LVMH among the worst performers. The research from KnowTheChain, an organization focused on forced labor in supply chains, analyzed 65 companies for exposure to forced labor risk. Guiding Principles on Business and Human Rights, KnowTheChain said companies scored on average 21/100. "They remain largely reactive to human rights violations, rather than evidencing robust, embedded human rights and environmental due diligence practices designed to prevent them," it added. "As such, it demonstrates that a corporate strategy which embeds human rights due diligence does not have to come at the cost of long-term sustainable growth or investor returns."

Persons: Louis, Yayoi, Louis Vuitton, Edward Berthelot, KnowTheChain, Veronique Rochet Organizations: Louis Vuitton's, Human, Puma, Adidas, P Retail, CNBC, PUMA, Fair Labor Association, Fair Labor Locations: Paris, France

☆ Argentina's shock peso devaluation weighs on sportswear brand Puma
▼ + stars: | 2024-01-24 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

German sports retailer Puma on Wednesday said Argentina's major devaluation of its currency in December hit its financial results. Full-year currency-adjusted sales growth was estimated at 6.6%, versus an outlook for high single-digit growth, with sales of around 8.6 million euros ($9.37 million). Earnings before interest and taxes (EBIT) came in at around 622 million euros. The impact was particularly pronounced in the fourth quarter, where "the application of hyperinflationary accounting led to a sales decline," Puma said in the results. However, the consensus does not take negative effects from the extraordinary devaluation of the Argentine peso into account," it added.

Persons: Puma Organizations: Puma, Argentine Locations: London

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