Swiss sport equipment brand On has unveiled a new recyclable shoe model available via subscription only, a concept that may well prompt a fresh wind of change to blow through the sport equipment distribution landscape.
Founded in 2010, the independent Swiss brand, which is experiencing rapid growth and expanding its operations, announced on Saturday that it has brought tennis star Roger Federer on board as part of its team.
According to a new report from Brand Finance, US-based sportswear giant Nike has consolidated its position as the most valuable apparel brand in the world this year, while Zara and Uniqlo have made strong gains.
Fast Retailing, owner of Japan’s popular clothing chain Uniqlo, booked a record annual profit and forecast even stronger results in the current year, helped by growth in Asia and a recovery at its US stores.
Roger Federer said on Tuesday his decision to end a 20-year association with Nike and embark on a new chapter with Uniqlo was influenced by Uniqlo’s commitment to stay with him long after his playing days are over.