Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "adidas"


25 mentions found


"Matched with the NFL, which we all know is driving the biggest TV ratings and interest across the entire sports landscape... Swift's appearance also preceded a nearly three-fold increase in sales in a 24-hour window for Chiefs home games on StubHub. [1/2]Sep 24, 2023; Kansas City, Missouri, USA; Taylor Swift reacts while watching the Kansas City Chiefs vs Chicago Bears game during the first half at GEHA Field at Arrowhead Stadium. "Taylor Swift being at NFL games is gold dust for the league," Scott said. But Swift, whose fame far eclipses that of Kelce's, brings a megawatt starpower that is virtually unprecedented - even in the NFL.
Persons: Taylor Swift, Travis Kelce, Swift, Travis Kelce's, Donna, Adam Budelli, Aaron Rodgers, Roku, Denny, Tom Scott, Scott, Joe Namath, Pro Bowler, Kelce, Amy Tennery, Helen Reid, Bill Berkrot Organizations: Super Bowl, Kansas City Chiefs, NFL, National Football League, Chicago Bears, Chiefs, Jets, Reuters, Bears, Arrowhead, Trippant, Philadelphia Eagles, Miami Dolphins, of Fame, Sports, Super, Apple, Thomson Locations: New York, East Rutherford , New Jersey, Kansas City, Kansas City , Missouri, USA, London, Frankfurt
The Life Cycle of New York Galleries
  + stars: | 2023-09-28 | by ( M.H. Miller | ) www.nytimes.com   time to read: +10 min
The Life Cycle of New York Galleries What does being the center of the art world do to a neighborhood? BROOME STREET GRAND STREET WOOSTER STREET GREENE STREET MERCER STREET CROSBY STREET HOUSTON STREET CANAL STREET WEST BROADWAY BROADWAY LAFAYETTE STREET PRINCE STREET SPRING STREET opacity=0PRE-1950SIn the early 20th century, the area south of Houston, north of Canal, bounded roughly by West Broadway on one side and Lafayette/Centre Street on the other, was notorious for sweatshops and factory fires. Photo: Bob Adelman1968In 1968, a group called the SoHo Artists Association formed in order to help legalize loft living in manufacturing buildings. The reputations of these dealers helped cement the neighborhood as the center of the New York art world, though SoHo remained, in some ways, sparse. In 1996, the SoHo Grand Hotel opened on West Broadway (the Mercer would open the following year).
Persons: Edward Cavanagh Jr, Robert Moses, Bronx . Walter Albertin, Little Italy —, Jane Jacobs, Fred W, , Chester Rapkin, Houston —, Allan Tannenbaum, Donald Judd, James Rosenquist, Julie Finch, Frank Stella, John Chamberlain, Claes Oldenburg, Bob Adelman, John Dominis, Paula Cooper, Alan Shields, Judd, Leo Castelli, André Emmerich, Ileana Sonnabend, John Weber, Sam Falk, Sol LeWitt, — Carol Goodden, Tina Girourard, Gordon Matta, Clark —, Sandra Zalman, ” Gordon Matta, Clark’s “ Matta Bones, Clark, Andrew Sarchiapone, Cooper, Moira Hodgson, Pepe Diniz, Peter Gabriel, Mick Jagger, Keith Haring, Tony Shafrazi, Martin Scorsese, — Brooke Alexander, Gruenebaum, Baskerville, Watson, Victoria Munroe, Witkin, , Larry Gagosian, Lee B, Ewing, Solomon R, Bill Cunningham, Moss, Mercer, Prada, Michael Moran, OTTO, Bloomingdale’s, Jeffrey Isaac Greenberg, Hauser & Wirth, Marc Payot Organizations: STREET WOOSTER, STREET, STREET CROSBY STREET, WEST BROADWAY BROADWAY LAFAYETTE STREET PRINCE, West Broadway, Cross, Bronx ., of Congress, Interim, Lower, Manhattan, Authority, City Club of New, Houston, Fairweather, James Rosenquist Foundation, ARS, SoHo Artists Association, Student, Broadway, New York Times, New, New York City Landmarks Preservation, Vox Media, New Museum, , The Times, The New York Times, Guggenheim Museum, Guggenheim, Guggenheim SoHo, Voice, Women’s Action Coalition, Boys ’, Hauser &, Wooster, Adidas, Wirth’s, Hauser, Wirth Locations: Soho, Houston, Canal, Lafayette, Manhattan, Bronx, Hell’s, Little Italy, Lower Manhattan Expressway, City Club of New York, New York City, , New York, Vietnam, SoHo, York, , New York City , New York, Wooster, New York, French, Sixth, Prince, West Chelsea
H&M, whose biggest rival is Zara owner Inditex (ITX.MC), said September sales would be down 10% year-on-year measured in local currencies. That compares with Inditex reporting sales between Aug. 1 and Sept. 11 that were up 14%. Operating profit in the Swedish group's third quarter jumped to 4.74 billion crowns ($431 million) from a year-earlier 902 million. The year-ago figure included a one-off cost of 2.1 billion crowns for the group's exit from Russia, which also accounted for four percentage points of the 10% September sales decline. H&M announced a share buyback programme starting on Wednesday, planning to buy back up to 3 billion crowns of stock by March 31 next year.
Persons: サマリー, Inditex, Vera Diehl, Nicolas Champ, LSEG, Richard Chamberlain, Anna Ringstrom, Helen Reid, Jan Harvey, Mark Potter Organizations: Union Investment, Barclays, RBC, HK, Tmall Locations: STOCKHOLM, Zara, Swedish, Russia, JD.com, China's Xinjiang, Alibaba's
But the brand's sales are falling behind, and HanesBrands is considering selling Champion. Here's how Champion became popular among athletes, college students, and hip-hop artists. Champion is one of the oldest American sportswear brands, and it claims to have invented both the hoodie sweatshirt and the sports bra. Champion became popular among college students and athletesChampion sweatshirts are popular among college students. Hip-hop artists popularized sportswear brands like Champion.
Persons: Gen Zers, , Michael Jordan, Stephen Bratspies, HanesBrands, sweatshirts, Rick Friedman, Jean Baptiste Lacroix, Getty, athleisure, Brands, millennials, Davidson, Muhammad Ali, Kylie Jenner, Chance Organizations: Service, US, Getty, Knitting Mills Inc, Wentworth Military Academy, NBA, NFL, US Olympic, Getty Champion, juggernauts, Nike, Adidas, Reebok, Beastie Boys Locations: Mills, Rochester , New York, America, Target
Adidas, its bigger rival Nike and other sports brands, have been locked in a "supershoe" war for years, since the first running shoes containing a thick, shock-absorbing foam and carbon fibre plate helping athletes run more efficiently, were released. At $500 a pair, the Adizero Adios Pro Evo 1 cost $225 more than Nike's equivalent Alphafly 2, raising the question of how many amateur runners will swallow the extra cost. "The price tag is just insane," said Harry Swinhoe, founder of Grove Lane Runners, an amateur running club in southeast London. "This is a shoe optimized for speed, versus durability," Adidas said. Assefa broke the world record by more than 2 minutes to finish in 2 hours, 11 minutes and 53 seconds.
Persons: Ethiopia's Tigist, Harry Swinhoe, Bjorn Gulden, Assefa, Helen Reid, Sharon Singleton Organizations: Adidas, Nike, Evo, Thomson Locations: Berlin, Lane, London
The subway rumbled toward its final stop north of Seoul. Along the way, hordes disembarked, with the determined, brisk gait of those with somewhere to be. Far from the city center, the thicket of high-rise buildings grew sparser, and the afternoon sun crept deeper into the train cars, riding on an elevated track at that point. By the end of the line, many who remained on board were noticeably older — nodding off, gazing out the window, stretching their shoulders. He ambled about a hundred yards beyond the station, rested briefly in the shade — and then got right back on the train heading south.
Persons: Lee Jin, Lee Organizations: Adidas Locations: Seoul
Even as he was staking his claim in the 1990s as the greatest player the NBA has ever seen, the Bulls icon was a regular guest on the golf course. Bobby Weed Golf Design“Slaughterhouse 23”Weed had his two pillars for a great golf course — an engaged owner and a good piece of property, though the latter would require some polishing. Bobby Weed Golf DesignThe course didn’t just need to suit the playstyle of its owner, though, it needed to enhance it. Bobby Weed Golf DesignTaking a swingCompared to Bobby Weed Golf Design, Nichols Architects had considerably less experience in golf courses, but it did have one key advantage in its efforts to beat other bids to build The Grove XXIII’s clubhouse. “That’s like the ultimate compliment … to have his own golf course and to shape and mold that golf course for him and his friends, it’s just where he wants to be.
Persons: CNN —, Michael Jordan cherishes, it’s, Nichols, Mike Butler, Bobby Weed, Pete Dye, Hobe, Tiger Woods, Cliff Hawkins, Jordan, , ” Weed, Weed, Jacob Kupferman, didn’t, Championships Jordan, ” “, Rickie Fowler, , Yvette Prieto, “ You’re, Igor Reyes, “ You’ve, ” Reyes, Nichols Architects Reyes, Jordan’s, ’ ” Nichols, Jimmy Walker, Reyes, it’s ‘, , Grove, , He’s Organizations: CNN, NBA, Bulls, Nichols Architects, PGA, Tiger, PGA Tour, Forbes, Augusta National, Championships, Nike, Adidas, Woods, ’ ” Nichols Architects, Air Locations: Chicago, Hobe Sound, Florida, Grove, Stillwater , Minnesota, Mito, Japan, Jordan, Ridge, Ponte Vedra, Pine Valley, ” Jordan, Miami, Weed
The head of the Anti-Defamation League said in a post on X on Thursday that he was in touch with Adidas CEO Bjorn Gulden who apologized for his remarks about Kanye West and reiterated the sportswear company's fight to end antisemitism. “I think Kanye West is one of the most creative people in the world,” Gulden said in an episode released Sept. 12. “Very unfortunate, because I don’t think he meant what he said and I don’t think he’s a bad person. In a statement emailed to The Associated Press on Thursday, Adidas confirmed that the company had been in touch with ADL. Almost a year ago, Adidas ended a major partnership with Ye over his statements, discontinued Ye’s line of Yeezy shoes and moved up the planned departure of its CEO.
Persons: Bjorn Gulden, Kanye, Jonathan Greenblatt's, Gulden's, Ye, , Gulden, Greenblatt, , Ted Deutch, David Hamilton Organizations: Defamation League, Adidas, Associated Press, ” Adidas, Jewish, AP Locations: , San Francisco
Adidas CEO: Kanye West didn't mean antisemitic remarks
  + stars: | 2023-09-20 | by ( ) www.reuters.com   time to read: +2 min
BERLIN, Sept 20 (Reuters) - Adidas CEO Bjorn Gulden has defended the artist formerly known as Kanye West, saying he didn't think the divisive celebrity meant the antisemitic remarks that led to his lucrative Yeezy collaboration with the German sportswear giant being axed. Commenting on the scandal which has cost Adidas tens of millions in lost sales, Gulden told the In Good Company podcast that Ye had made some statements that weren't "that good". Adidas did not respond to Reuters' emailed request for comment on the podcast interview. Strong sales of Yeezy stocks have helped narrow a projected full-year loss at the company. In the podcast, Gulden spoke of the dangers of working with celebrity collaborators: "When you work with third parties that could happen," he said.
Persons: Bjorn Gulden, Gulden, Ye, Rachel More, Mark Potter Organizations: Adidas, West, Good Company, Reuters, Puma, Gulden, Thomson
SAN FRANCISCO (AP) — Adidas CEO Bjørn Gulden said he doubts that Ye, the artist formerly known as Kanye West, "meant what he said” when he made a series of antisemitic and other offensive remarks last year. Almost a year ago, Adidas ended a major partnership with Ye over his statements, discontinued Ye’s line of Yeezy shoes and moved up the planned departure of its CEO. “Very unfortunate, because I don’t think he meant what he said and I don’t think he’s a bad person. The break with Ye left Adidas with a huge supply of unsold Yeezy sneakers that it has begun to sell in limited batches. The company has not said how many of those shoes remain in inventory, although the unsold shoes and Ye's departure impacted Adidas profits.
Persons: Bjørn Gulden, Ye, Gulden, , , Ye’s, Kim Kardashian, David Organizations: FRANCISCO, Adidas, Good, Paris Fashion, Star, Defamation League, Keeta Floyd Institute for Social Locations: U.S
New York CNN —Adidas CEO Bjørn Gulden said he doesn’t think Kanye West “meant what he said” when the rapper spewed antisemitic comments last year. “Very unfortunate, because I don’t think he meant what he said, and I don’t think he’s a bad person. His comments garnered global outrage and a few days later Adidas ended its nine-year business relationship with him. Prior to those comments, Adidas put the “partnership under review” after he wore a “White Lives Matter” T-shirt in public. It now expects to make a €450 million ($491 million) operating loss in 2023, a much better outcome than the €700 million ($764 million) loss it had forecast back in March.
Persons: Bjørn Gulden, , Ye, Gulden, ” Gulden, Adidas didn’t, West Organizations: New, New York CNN, Adidas, West, White, Ku Klux Klan, British, Manchester United Locations: New York, Norwegian
Following widespread public outcry, Adidas announced it had ended its relationship with Ye, stopped production of Yeezy-branded products and ended all payments to Ye and his companies. Foot Locker and Gap soon followed suit and announced they would pull Yeezy products from their stores. That can happen with an athlete, it can happen with an entertainer, so it's part of the business," said Gulden. Despite the public comments from its chief executive, an Adidas spokesperson told CNBC that the company's position on Ye "has not changed." Adidas CEO Bjorn Gulden defended Ye, the artist formerly known as Kanye West, and said the rapper didn't mean it when he made a series of antisemitic remarks.
Persons: Nicolai Tangen's, Gulden, Ye, Adi, Bjorn Gulden Organizations: Adidas, CNBC Locations: Chicago, German
French retailers have criticised consumer goods giants like Unilever and Nestle for price hikes they say are unjustified. The government has also put pressure on the consumer goods makers to cut prices. "We should probably be able to demand that the big (consumer goods) groups cut prices by between 2% and 5%," he said. Consumer goods firms are likely to face increased pressure across Europe to cut prices, industry experts say. Lawmakers also asked about buying alliances, which some supermarkets use to negotiate prices jointly with peers at the European level, and whether they enable retailers to evade French regulations on pricing.
Persons: Sarah Meyssonnier, Les Mousquetaires, Thierry Cotillard, Cotillard, Mousquetaires, Jan, Alexandre Bompard, Lawmakers, Systeme, Dominique Schelcher, E Leclerc, Philippe Michaud, Miloud, Leclerc, Michaud, Helen Reid, Hugh Lawson Organizations: REUTERS, Unilever, Nestle, Carrefour, Senate, REWE, Thomson Locations: Carrefour, Montesson, Paris, France, Portugal, Spain, Europe, Greece, London
College athletes make money by posting branded content on social media and attending events with fans. Read more about the flow of NIL money in college sportsThe remaining 20% comes from brand deals, per Opendorse. Men's basketball players make the most from brand deals, the company has found. Read more about how the company boosted social-media engagement by hiring college athletes from niche sports like golf and cheerleadingSome college athletes have become social media stars, especially female students. Reese is one of the most followed college athletes and has signed NIL deals with companies like Amazon, Airbnb, and Playstation.
Persons: influencers, Read, Phoenix Sproles, It's, Kristi Dosh, they're, USC's Bronny James, LSU's Olivia Dunne, Angel Reese, Paige Bueckers, Caitlin Clark, Flau'jae Johnson, Chase Griffin, outperforming, Bryce Adams, Opendorse, Braly Keller, Doug Edert, LSU's Reese, Reese, Matthew Hinton, Blake Lawrence, Colin Salao Organizations: Phoenix, BusinessofCollegeSports.com, University of Minnesota, Dinkytown, Power Five, UCLA, JPMorgan Chase, Chase Griffin Student, Buffalo Wild Wings, St, Peter's University, Amazon, PlayStation, AP, Nike, Adidas, Companies Locations: Ohio
Nike, under CEO John Donahoe, continued its total dominance that it had under previous leaders Mark Parker and Phil Knight. I really, really like Starbucks CEO Laxman Narasimhan and we are going to see a very strong executive make decisions now that Howard is gone. Apple weakness just casts a pall over everything. We have had weakness in the banks on fears of more regulation and that's only getting worse. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Let's, John Donahoe, Mark Parker, Phil Knight, It's, Armour, Nike's, Locker, Mary Dillon, Kevin Johnson, Howard Schultz, Schultz, Bob Iger, Robert Chapek —, Johnson, Chapek, Laxman Narasimhan, Howard, Gina Raimondo, Apple —, Stellantis, Joe Biden, Shawn Fain, Safra, Marc Benioff couldn't, LEN, Darden, it's, Jim Cramer's, Jim Cramer, Jim, Bill Pugliano Organizations: Nike, Adidas, Armour, Dick's Sporting, China, Disney, Apple, Micron, Qualcomm, Starbucks, United Auto Workers, Detroit, , Motors, Chrysler, Ford, walkouts, U.S, UAW, Oracle, Marriott, Booking Holdings, Federal, FedEx, KB, Jim Cramer's Charitable, CNBC, General Motors, Big, Getty Locations: China, Europe, American, United States, Oracle's, Detroit , Michigan
Man Utd confirm Qualcomm's Snapdragon as new shirt sponsor
  + stars: | 2023-09-13 | by ( ) www.reuters.com   time to read: +2 min
United signed a five-year deal with German tech firm TeamViewer in 2021 to be their principal shirt sponsor, replacing Chevrolet. It added that it would undertake a focused sales process in a "normalised market", having agreed the TeamViewer deal at the height of the COVID-19 pandemic. "Manchester United has agreed to an expanded strategic collaboration with Qualcomm Technologies, Inc., that will see the Snapdragon brand displayed on the front of the club's famous shirt," United said in a press release late on Tuesday. "Qualcomm Technologies is already a global partner of Manchester United, promoting its Snapdragon brand. United signed a 900 million pounds deal with Adidas in July, renewing their partnership with its official kit supplier for 10 more years.
Persons: Dado Ruvic, United, Pearl Josephine Nazare, Peter Rutherford Organizations: Qualcomm, REUTERS, Manchester United, Premier League, Athletic, United, Chevrolet, Qualcomm Technologies, Inc, Adidas, Thomson Locations: U.S, Trafford, Manchester, Bengaluru
Inditex shares have risen around 64% over the past 12 months as the world's biggest clothing retailer successfully passed cost increases on to shoppers and reported record profit margins. But after several U.S. retailers including Macy's and Foot Locker warned of weak consumer spending, fears of an economic slowdown have come back into focus. "I think companies will be more disciplined and will reduce pricing where they think they can gain volumes," said Fabio Di Giansante, portfolio manager at Amundi, which holds shares in Inditex. In the six months to July last year, Inditex's sales increased by 25% and profits climbed by 41% - but that was in comparison with a period marked by COVID-19 lockdowns around the world. According to Bernstein analysts, Inditex's key rival H&M (HMb.ST), set to report third-quarter sales on Friday, has pushed through more price increases than peers over the past year.
Persons: Inditex, Locker, Inditex's, Fabio Di Giansante, Geoffroy De Mendez, De Mendez, Bershka, Massimo Dutti, Bernstein, Amundi's Di Giansante, Helen Reid, Corina Pons, Emelia Sithole Organizations: Macy's, Inditex . Bank of America, Thomson Locations: MADRID, Zara, Amundi, Inditex ., U.S, London, Madrid
Tom Brady will be a strategic adviser to Delta
  + stars: | 2023-09-06 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +2 min
New York CNN —Tom Brady has a new employer: Delta Air Lines. The seven-time Super Bowl champion is expanding his post-NFL career business ventures, joining Delta to work on internal employee training and appear in external advertising campaigns. Delta said Wednesday that Brady would become a “strategic adviser” to the airline. Brady will partner with Delta to develop and advise on “teamwork tools” for the airline’s more than 90,000 employees and take part in select marketing campaigns, the company said. Brady founded health and wellness company TB12 Sports and also owns a media company and the Brady Brand clothing line.
Persons: Tom Brady, Delta, Brady, , , Ed Bastian’s, Allen Adamson, ” Brady, Adamson, BlackBerry, Alicia Keys, will.i.am, Lady Gaga, Beyoncé Knowles, Brady Brand Organizations: New, New York CNN, Delta Air Lines, NFL, Delta, Intel, Polaroid, Adidas, TB12 Sports, British soccer, Birmingham City, League Pickleball, Fox Sports Locations: New York, Delta
She’s conquered the box office over the summer, breaking numerous records and turning the “Barbie” movie into a $1 billion global sensation. Mattel, on Wednesday, unveiled Barbie Women in Sports, its 2023 Barbie Career of the Year-themed dolls. Mattel announced its 2023 Barbie Career of the year-themed dolls, representing women's careers in sports. Sports Reporter Barbie wears a patterned purple dress with black heels and carries a pink Barbie notebook and microphone. The ‘Barbie’ movie opened July 21.
Persons: New York CNN — Barbie, She’s, Barbie, Barbie ”, ” Mattel, Lionel Messi’s, Mattel, Jen Welter, Barbie Fashionistas Organizations: New, New York CNN, Warner Bros, Warner Bros ., Mattel, Sports, Adidas, Inter Miami, Voice, NFL, Arizona Cardinals, billings Locations: New York
"Increasingly we are going to turn used clothes into raw material from Europe for fashion companies." Also in Spain, rivals including H&M, Mango and Inditex have created a non-profit association to manage clothing waste, responding to an EU law requiring member states to separate textiles from other waste from January 2025. OBSTACLESThe obstacles to significantly reducing clothing waste are formidable, despite the EU crackdown, industry sustainability commitments and initiatives like the Moda Re expansion. Adidas (ADSGn.DE), Bestseller, and H&M (HMb.ST) have invested in Finnish start-up Infinited Fiber Company, which manufactures fibre out of textile waste, cardboard and paper. As in Spain, textile waste associations would be set up in each country.
Persons: Albert Alberich, Inditex, Dijana Lind, Hugo Boss, Lind, Moda, Aissatou Boukoum, Mauro Scalia, Corina Pons, Helen Reid, Horaci Garcia, Nacho, Frank Jack Daniel Our Organizations: BARCELONA, Moda, Caritas, Union, European Commission, Union Investment, Adidas, McKinsey, Reuters, EU, ReHubs, Moda Re, United Nations, Inditex, Puma, Infinited Fiber Company, Thomson Locations: Spain, Barcelona, Spanish, Europe, Zara, Bilbao, Valencia, EU, Frankfurt, ReHubs Europe, Mali, Sant, AFRICA, Cameroon, Ghana, Senegal, Africa, Senegalese, Germany, Texaid, Switzerland, Vestisolidale, Italy, France, EURATEX, Madrid, London, Nacho Doce
Ticket prices for this Sunday’s match between Inter Miami and Los Angeles FC are the most expensive for a Major League Soccer game ever, according to TickPick, an online marketplace. Average prices are around $690 — a 527% increase over the average ticket price of an MLS game, which used to cost $110 before soccer superstar Leo Messi joined the league. Demand to see Messi is juicing MLS ticket prices. Ira L. Black/Corbis/Getty ImagesHowever, this could be the ceiling for ticket prices. Previously, the Inter Miami jersey was the top-selling jersey only in Florida.
Persons: New York CNN —, “ Messi, , Leo Messi, Messi, Ira L, TickPick, Brett Goldberg, Goldberg, Apple, Soccer.com Organizations: New, New York CNN, Inter Miami, Los, Los Angeles FC, Major League Soccer, MLS, CNN, , New York Red Bulls, Adidas, Messi Locations: New York, Los Angeles, Argentina, Florida, Vermont
Analysts at UBS have detailed how to play a volatile Chinese market in the short term. Chinese internet giant Alibaba is on UBS' list, with the bank expecting it to grow faster than the overall Chinese stock market. "Potential stock price catalysts include growth from the cloud business, overseas expansion and greater operational discipline," the analysts wrote. Insurers with full pension licenses, such as Ping An, will likely enjoy a first mover advantage," the analysts wrote. Consumer stocks In consumer stocks, UBS likes Topsports International , which is Adidas ' largest retail partner globally, the bank said.
Persons: Gina Raimondo, — CNBC's Michael Bloom Organizations: UBS, Baidu, Ping An Insurance, Consumer, Topsports, Adidas, Shenzhou, Nike, KFC, China Longyuan Power, China Resources Power Locations: Asia, China
LONDON, Aug 29 (Reuters) - As the world's best badminton players travel home after the World Championships in Denmark, the sport's leading manufacturer Yonex (7906.T) told Reuters some of them were fighting it out for the first time in sneakers made partly from recycled materials. In addition to appeasing environmentally conscious shoppers, the companies argue that switching to recycled materials helps reduce waste and their reliance on finite resources. While developing the products, Yonex thought about how to blend materials in order to overcome the challenge of the physical properties of sustainable materials generally being different to traditional materials. He added that sustainable materials currently cost more to use because suppliers mass-produce traditional materials. Yonex said it uses sustainable materials in 83% of its apparel products, such as organic cotton or recycled fibers.
Persons: Chen Yu Fei, Viktor Axelsen, Yonex, Shinichiro Chiba, Chiba, Taiwan's Victor, Richa Naidu, David Holmes Organizations: Reuters, Sports, Adidas, Badminton World Federation, Olympic, Thomson Locations: Denmark, Tokyo, China
Iten, Kenya (CNN) Martin Tirop pumps his fists in the air as Faith Kipyegon wins her third 1,500-meter gold medal at the World Athletics Championships on Tuesday in Budapest. Instead, on October 13, 2021, Martin Tirop made a gruesome discovery inside his sister's three-bedroom bungalow in Kenya's capital of distance running. In October 2021, Martin Tirop found the body of his sister, Agnes Tirop. In fact, their March 2016 marriage had been a secret, with Agnes' family only finding out after her death at 25. "Agnes Tirop.
Persons: Martin Tirop, Kipyegon, Agnes, Agnes Tirop, she'd, Martin, gurney, Jurkenaite, David Blood, Iten, Joan Chelimo, they're, Weeks, Eliud Kipchoge, She'd, Irungu Houghton, Njeri Migwi, Martin Tirop's, Ibrahim Rotich, Rotich, Tirop, Richard Warigi, Ngigi Mbugua, Mutua, CNN's, Houghton, Joan Chelimo's, Agnes Tirop's, Chelimo, Dinah, Vincent Tirop, Dinah Tirop Organizations: CNN, Adidas, Tokyo, Toyota, David Blood Investigators, crowing roosters, Boston Marathon, New, New York City Marathon's, Amnesty International, Kenyan, Criminal Investigations, Bahraini, Investigations, Investigators, Amnesty, Tirop's, Tirop's Angels, UN Locations: Iten, Kenya, Budapest, Kenya's, Switzerland, Germany, Nairobi, It's, Kaptagat, New York, Amnesty International Kenya, Mombasa, Ethiopia, Nandi County
The Foot Locker store in Broomfield, Colorado is seen on November 17, 2016. The athletic-wear retailer also missed expectations for quarterly sales, said it would pause its dividend payouts and flagged softer demand in July, which is typically when back-to-school shopping starts. The shares of the company's larger rivals Nike (NKE.N), Dick's Sporting Goods (DKS.N) and Under Armour fell between 2% and 4% in premarket trade. Foot Locker's warnings kept the pressure on sportswear retailers after they tumbled on Tuesday when Dick's Sporting Goods also cut its full-year profit targets, slammed by hits to its margins from retail theft. Foot Locker also said its quarter was hit by inventory shrink, or retail theft, and steeper discounts.
Persons: Rick Wilking, Mary Dillon, Armour, Locker, Juveria Tabassum, Savio D'Souza Organizations: REUTERS, Nike, Dick's Sporting, Adidas, Puma, Dick's Sporting Goods, Thomson Locations: Broomfield , Colorado
Total: 25