By Bloomberg Published Jul 26, 2024 Swiss shoemaker On Holding AG has more than tripled the number of athletes wearing its sneakers at the Paris 2024 Olympics, the firm’s first major Games as one of the main challengers to Nike and Adidas. Bloomberg A cohort of 66 athletes are using the Zurich-based company’s gear, competing [...]read moreSneaker brand On arrives at Olympics reveling in role of upstart
By Bloomberg Published Jul 12, 2024 Asics Corp. raised its full-year operating profit forecast by 64% on rising demand for its practical running shoes in Japan and abroad. Asics The company, seller of the Onitsuka Tiger brand, expects record operating profit of ¥95 billion ($596 million) for the year through December, it said Friday. It [...]read moreAsics boosts profit estimate on return of the dad sneaker
By Reuters Published Jun 19, 2024 Italian luxury sneaker maker Golden Goose has postponed its initial public offering on the Milan bourse because of market volatility arising from political uncertainty in Europe, the company said on Tuesday. Reuters This is the first company to pull its IPO as a result of the market upheaval caused [...]read moreSneaker maker Golden Goose postpones IPO amid European political turmoil
By Reuters Published Jun 14, 2024 Books for the initial public offering (IPO) of Italian luxury sneaker maker Golden Goose were covered in full shortly after the offer opened on Thursday, with investor demand exceeding the entire deal’s size throughout the price range, bookrunners said. Golden Goose Golden Goose, owned by private equity firm Permira, [...]read moreLuxury sneaker maker Golden Goose’s IPO books fully covered
By Bloomberg Published May 27, 2024 Luxury sneaker brand Golden Goose SpA plans to kick off an initial public offering in Milan as soon as this week, according to people familiar with the matter, extending a strong rebound in European listings this year. Archivo Golden Goose may indicate its intention to float as soon as [...]read moreSneaker maker Golden Goose is said to kick off Milan IPO soon
By Bloomberg Published May 14, 2024 Swiss sneaker maker On Holding AG posted strong first-quarter revenue and nudged its sales forecast higher for the year, boosted by demand for its running shoes and new line of training apparel. On Running Roger Federer-backed On reported quarterly sales of 508 million Swiss francs ($560 million) at constant [...]read moreFederer-backed On boosts forecast after sneaker demand rises
Fast-growing Swiss sneaker firm On has unveiled FKA twigs as its “creative partner” for its “new training vertical”. It’s an interesting development for a company that has until now focused more on link-ups with sports stars. FKA twigs for On It said the artist, singer, and dancer “will help launch On’s training collection as the [...]read moreSneaker disruptor On in creative link-up with FKA twigs as it adds categories
Sports giant Puma is making a commercial version of its experimental Re:Suede sneaker, the Re:Suede 2.0, available for sale. It follows a two-year pilot project that showed it was able to successfully turn the shoe into compost under tailor-made industrial conditions. Puma As part of that experiment, the company produced 500 special pairs of its [...]read morePuma compostable sneaker goes on sale
Rihanna once belted out “Just Live Your Life,” but motherhood these days has her wanting to switch places with her young sons! The “Don’t Stop the Music” songstress shared her wishful thinking while at her FENTY x PUMA Creeper Phatty Earth Tone sneaker launch party in London on Wednesday, where she brought up her sons when [...]read moreRihanna on Why She’d Want to Trade Places With Her Sons and Her Newest Sneaker Launch (Exclusive)
Two weeks ago we reported on the unveiling of the Nicki Minaj x LØCI sneaker collab and it seems that the launch a few days ago was a big success. The collection went on sale through new community commerce platform Uppfirst and we’re told it “smashed normal e-commerce conversation rates with a massive 8.7% conversation [...]read moreNicki Minaj x LØCI sneaker collab reports record sales conversion