Volcom has been named official apparel partner of the U.S. Snowboardcross, Slopestyle/Big Air, and Halfpipe teams through the 2022 Beijing Olympic Winter Games, as well as team coaches and support staff.
Adidas plans to close high-tech factories in Germany and the U.S. it launched to bring production closer to customers, saying on Monday deploying some of the technology in Asia would be "more economic and flexible".
As part of the deal, the number of Champion points-of-sale in South Korea -- including stores, shop-in-shops and e-commerce -- is expected to nearly triple to more than 30 by the end of 2020, the company said.
Wearable device maker Fitbit Inc reported its first drop in revenue in five quarters on Wednesday as it faced intense competition from deeper-pocket companies such as Apple Inc and Samsung Electronics Co.
Pambet, who has worked for 34 years at the Annecy-based French skiing brand, is handing over the reins next January to Michael White, the chief commercial officer of Salomon’s owner Amer Sports since 2016.
Kathmandu, which has completed its acquisition of Rip Curl for A$350 million, intends to leverage the surf brand to help diversify its product and expand its geographic footprint to Europe and North America.
Adidas expects a boost to sales from new soccer merchandise ahead of the 2020 European championships after quarterly growth was held back by a weaker performance from Yeezy shoes designed by Kanye West.