Brooks Sports

Brooks Running Sets Competitive Pace in Q1 with Record Quarterly Revenue

Retrieved on: 
Giovedì, Maggio 2, 2024

Brooks Running achieved record revenue in the first quarter of 2024, up 9% year over year and representing the highest quarterly results in the brand’s history.

Key Points: 
  • Brooks Running achieved record revenue in the first quarter of 2024, up 9% year over year and representing the highest quarterly results in the brand’s history.
  • Brooks’ global e-commerce business was up 22% in the first quarter compared to Q1 2023, with 38% year-over-year growth in March alone.
  • “Brooks’ runner-first strategy and execution continue to drive success for our brand on a global scale,” said Dan Sheridan, Brooks CEO.
  • This is what sets Brooks apart.”
    Brooks maintained its pace of innovation across footwear and apparel categories this quarter in what will be a record year for product introduction.

OrthoLite Adds Talent to Global Foam Innovation Team

Retrieved on: 
Mercoledì, Maggio 1, 2024

At the heart of OrthoLite’s ongoing quest for excellence in insole manufacturing is the company’s Global Foam Innovation Team.

Key Points: 
  • At the heart of OrthoLite’s ongoing quest for excellence in insole manufacturing is the company’s Global Foam Innovation Team.
  • Hanson Zhang, OrthoLite’s Chief Chemist, founded and leads the Global Foam Innovation Team with Wen Bin Hong, OrthoLite’s Chemical Director.
  • Leading the charge on the expansion of OrthoLite’s Global Foam Innovation team is Shaw Kiat (SK) Phua , who will serve in the newly-created role of Global Operations Chemical Director.
  • In addition, OrthoLite welcomes Ha Pham, a seasoned polyurethane (PU) specialist, to the Global Foam Innovation team.

ARRIS® SECURES ADDITIONAL $34M IN FUNDING TO FUEL GROWTH WITH NEW STRATEGICS IN AEROSPACE & CONSUMER MARKETS

Retrieved on: 
Martedì, Aprile 30, 2024

BERKELEY, Calif., April 30, 2024 /PRNewswire/ -- ARRIS®, an advanced manufacturer with a breakthrough technology enabling the highest-performing fiber-reinforced composites at scale, today announced that it has raised $34 million in its latest fundraising round.

Key Points: 
  • People benefit from the capabilities of ST Engineering nearly every day—one of the largest independent providers of commercial airframe maintenance services in the world.
  • People experience the continuous innovation of Youngone nearly every day—the pioneering company works with major consumer brands focusing on outdoor/athletic apparel, materials, gear, and footwear.
  • Funding will be used to build on the ARRIS' success in scaling its global operations.
  • "The use of composite structures in aerospace applications offers a compelling combination of weight savings, strength, durability, and environmental sustainability.

Outside Interactive & Brooks Running Launch Personalized Content for Runners

Retrieved on: 
Venerdì, Aprile 12, 2024

BOULDER, Colo., April 12, 2024 /PRNewswire/ -- Outside Interactive Inc, the world's leading creator of outdoor content, services, events, and experiences, along with Brooks Running, a global leader in performance run footwear and apparel, join forces to bring local, personalized content to active lifestyle enthusiasts and outdoor adventurers across the United States.

Key Points: 
  • By combining Outside's network reach with locally relevant Brooks content and product recommendations, these personalized newsletters aim to get more people outside.
  • BOULDER, Colo., April 12, 2024 /PRNewswire/ -- Outside Interactive Inc, the world's leading creator of outdoor content, services, events, and experiences, along with Brooks Running, a global leader in performance run footwear and apparel, join forces to bring local, personalized content to active lifestyle enthusiasts and outdoor adventurers across the United States.
  • The collaborative effort between Outside and Brooks aims to inform, inspire, and connect readers with their local running community, one personalized email at a time.
  • By leveraging the extensive reach of the Outside Network and Brooks' expert runner insights, to integrating valuable external content, the partners aim to facilitate meaningful connections and get more people outside.

Ever.green Brings Together Eight Diverse Brands to Support Clearway’s Plans to Extend the Life of a 55 MW Wind Farm, Proving All Companies Can Make Clean Energy Impact

Retrieved on: 
Mercoledì, Marzo 6, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240306568781/en/
    Wind turbines being repowered at the Ocotillo Wind Farm in Big Spring, Texas.
  • (Photo: Business Wire)
    “Our ability to fractionalize participation opens access to all companies wanting to have impact in the energy transition,” said Cris Eugster, CEO and Co-Founder of Ever.green.
  • Of nearly 309,000 companies that bought RECs in 2021, only 613 of them did so through bundled PPAs and VPPAs.
  • This move gives corporate buyers the ability to pair REC purchases with tax credits, thus increasing buying impact and reducing costs.

Brooks Running Delivers Record Revenue in 2023, Accelerates Innovation in the New Year

Retrieved on: 
Martedì, Febbraio 13, 2024

Brooks Running finished 2023 with record revenue growth of $1.2 billion, up 5% year over year, and a record 20 million+ units sold.

Key Points: 
  • Brooks Running finished 2023 with record revenue growth of $1.2 billion, up 5% year over year, and a record 20 million+ units sold.
  • In North America, revenue increased 7% year over year as the brand reached $1 billion in revenue in the region for the first time.
  • In 2023, Brooks also increased investment in growing the running industry through sustainability initiatives, community activations, and collaborations with key partners.
  • Following its spring launch, Brooks’ Future Run program impacted 245,000 youth runners through support of youth running programs, high school running teams, and coaches.

TrusTrace Completes (U.S.) $24 Million Growth Investment Led by Circularity Capital to Drive Global Expansion

Retrieved on: 
Giovedì, Gennaio 18, 2024

STOCKHOLM, Jan. 18, 2024 /PRNewswire/ -- TrusTrace , a global SaaS company with a market-leading platform for product traceability and compliance, has announced the completion of a (U.S.) $24 million growth investment led by Circularity Capital , a specialist investor in businesses that enable the circular economy, with participation from existing investors Industrifonden and Fairpoint Capital .

Key Points: 
  • STOCKHOLM, Jan. 18, 2024 /PRNewswire/ -- TrusTrace , a global SaaS company with a market-leading platform for product traceability and compliance, has announced the completion of a (U.S.) $24 million growth investment led by Circularity Capital , a specialist investor in businesses that enable the circular economy, with participation from existing investors Industrifonden and Fairpoint Capital .
  • The completion of this growth investment is further evidence that businesses see traceability as critical to achieving their sustainability goals.
  • Notable TrusTrace customers include adidas, Brooks Running, Tapestry, Asics, Primark and many more of the world's largest apparel, footwear and luxury brands.
  • With more than a billion products now tracked through the platform, TrusTrace has established itself as a business-critical solution for supply chain traceability.

STAGWELL (STGW) BOLSTERS GLOBAL PRESENCE: ESTABLISHES LONDON HUB, AND APPOINTS JAMES TOWNSEND AS STAGWELL EMEA CEO AND RICK ACAMPORA AS GLOBAL CEO OF ASSEMBLY

Retrieved on: 
Giovedì, Dicembre 7, 2023

NEW YORK and LONDON, Dec. 7, 2023 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has shared its plans for continued global expansion today, announcing a global hub in London and the appointment of James Townsend as the company's inaugural CEO of EMEA. Stagwell's London office, set to open in late January 2024 within the Blue Fin Building in South Bank, will serve as the collaborative hub for more than 750 of the 1900 employees in the region.

Key Points: 
  • Stagwell enhances global growth with new London hub and EMEA CEO.
  • With further growth and a strong period of M&A action slated, James Townsend, currently the global CEO of Assembly and Stagwell's Brand Performance Network, will assume the role of CEO at Stagwell EMEA, effective 1 January 2024.
  • With collective capabilities spanning consumer research, media, data, technology, creative, and digital transformation, Stagwell presents a modern alternative to legacy holding companies," said James Townsend.
  • As part of this transition, James Townsend will be stepping down from his role at Assembly, with Rick Acampora, currently Chief Operating Officer, taking over as Global CEO effective immediately.

STAGWELL (STGW) BOLSTERS GLOBAL PRESENCE: ESTABLISHES LONDON HUB, AND APPOINTS JAMES TOWNSEND AS STAGWELL EMEA CEO AND RICK ACAMPORA AS GLOBAL CEO OF ASSEMBLY

Retrieved on: 
Giovedì, Dicembre 7, 2023

NEW YORK and LONDON, Dec. 7, 2023 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has shared its plans for continued global expansion today, announcing a global hub in London and the appointment of James Townsend as the company's inaugural CEO of EMEA. Stagwell's London office, set to open in late January 2024 within the Blue Fin Building in South Bank, will serve as the collaborative hub for more than 750 of the 1900 employees in the region.

Key Points: 
  • With further growth and a strong period of M&A action slated, James Townsend, currently the global CEO of Assembly and Stagwell's Brand Performance Network, will assume the role of CEO at Stagwell EMEA, effective 1 January 2024.
  • "After five extraordinary years in New York, I look forward to returning to London and supporting Stagwell's EMEA expansion.
  • With collective capabilities spanning consumer research, media, data, technology, creative, and digital transformation, Stagwell presents a modern alternative to legacy holding companies," said James Townsend.
  • As part of this transition, James Townsend will be stepping down from his role at Assembly, with Rick Acampora, currently Chief Operating Officer, taking over as Global CEO effective immediately.

Tinuiti Joins TikTok's Marketing Partners Program as Part of New Agency Category

Retrieved on: 
Mercoledì, Novembre 15, 2023

NEW YORK, Nov. 15, 2023 /PRNewswire/ -- Tinuiti, the largest independent performance marketing firm across Streaming TV, Google, Meta, and Amazon, has been selected as a badged TikTok Marketing Partner in the newly added Agency category. Tinuiti joins a very select community serving as one of only two agencies granted the designation in the United States, with only 10 agencies announced globally.

Key Points: 
  • NEW YORK, Nov. 15, 2023 /PRNewswire/ -- Tinuiti , the largest independent performance marketing firm across Streaming TV, Google, Meta, and Amazon, has been selected as a badged TikTok Marketing Partner in the newly added Agency category.
  • Tinuiti joins a very select community serving as one of only two agencies granted the designation in the United States, with only 10 agencies announced globally.
  • In 2021 Tinuiti became the first US-independent agency to earn TikTok's Campaign Management badge within the TikTok Marketing Partner Program— a highly sought-after badge distinguishing the firm as an innovative partner.
  • TikTok's Marketing Partners Program is comprised of carefully selected and innovative 3rd party technology, service companies, and now best-in-class agencies.