Phil Mc Mahon’s Post

New Balance aim to reach $10 billion in global sales. With all this talk of re-inventing themselves from “dad shoes” & other copycatted copy across various sources on the web, 10 years ago New Balance weren’t considered boring or not on trend. The thing is, here in the UK, they were actually really popular, but this all came slightly before the hyped up resale stuff came about with YEEZY with adidas which completely changed the sneaker world overnight. New Balance were the trainer brand to have back in 2014 with some pretty cool collabs and the revival of classic silhouettes like the 1500 and the 574, they just weren’t at the globally recognised level there at today. In the last 10 years the sneaker market alone has grown globally to around $80 billion and expected to reach $100 billion in the next few years. New Balance now plan to reach £10 billion in global sales over the next few years also. The question is how will they do it? https://lnkd.in/eCHqxCVU

📢 We're thrilled to announce our strategic partnership with Represent as they revolutionise luxury and performance sportswear!   Founded by George Heaton and Michael Heaton back in 2011 and now led by CEO Paul Spencer, Represent has achieved remarkable growth with a 64% CAGR since 2020 and is on track to generate £100M in revenue this year. Their innovative approach spans both luxury and performance sportswear, with their '247' line being a massive hit since its launch in 2021.   Serving a thriving community of 350,000+ customers, Represent has recently opened its first luxury store in West Hollywood, LA as well as its flagship store in its hometown of Manchester. After a series of successful collaborations with global brands including PUMA Group, Belstaff, and Oasis and an impressive portfolio of wholesale partners worldwide, we are very excited to be forming this strategic partnership as we back Represent's next chapter of growth and its global expansion.   With our experience in the consumer and retail sector that we've cultivated since we started our own journey back in 2013, this strategic partnership will support Represent and catalyse its growth across multiple channels and categories.   Our co-founder and CEO, Paul Cocker, explains: "We are proud to be partnering with George, Michael, Paul and the rest of the team at Represent – there are very few brands that are thriving in the current environment and we're looking forward to supporting a team with so much energy and passion during the next phase of the Represent journey." Represent's own loyal customer base, along with its proven ability to create designs that evolve with the needs of its client base is why this partnership is so important to us. Partnering with a brand that has managed to thrive in today’s challenging environment and grow a loyal customer base perfectly reflects the kind of brand we feel encapsulates what it means to be part of the True community.   Stay tuned for the next chapter of British fashion 🌟 👉 To read more, click here: https://lnkd.in/e6X5ntCX. #True #StrategicPartnership #Represent #FashionNews #InvestmentNews

𝟯𝟬 𝗠𝗼𝘀𝘁 𝗣𝗼𝗽𝘂𝗹𝗮𝗿 𝗝𝗼𝗿𝗱𝗮𝗻𝘀 𝗼𝗳 𝗮𝗹𝗹 𝗧𝗶𝗺𝗲 👞👞👞👞 Nike became a popular brand when some of the most popular Jordans of all time established the groundwork for sneaker culture. It’s no wonder that every sneakerhead gets excited whenever a new pair of Jordans is unveiled. Nike has continued influencing countless sneaker designs throughout the years—acting as a canvas for creativity and innovation. 𝗠𝗼𝘀𝘁 𝗣𝗼𝗽𝘂𝗹𝗮𝗿 𝗝𝗼𝗿𝗱𝗮𝗻𝘀 𝗼𝗳 𝗮𝗹𝗹 𝗧𝗶𝗺𝗲 👞👞👞👞: https://lnkd.in/dTchybNP In this blog, we’ll take a look at the 30 most popular Jordans of all time. But before we proceed with our list of most popular Jordan shoes, let’s walk through the iconic and original pair of sneakers that started it all.

In today’s fashion landscape, sportswear has transcended beyond the gym, stepping into the luxury market with boldness and style. Brands like Adidas and Nike are not just catering to athletes; they're curating collections that seamlessly blend performance with high fashion. 🏅 🏃🏼♀️ The integration of Adidas' classic aesthetics with Stanley’s sleek designs, alongside Nike’s bold foray into luxury athleisure, demonstrates this evolution. This trend is further propelled by celebrity street style—where icons like Hailey Bieber effortlessly mix luxury labels with casual sportswear, proving that athleisure is not just a trend, but a staple in modern wardrobes. Adding to this shift is the rising popularity of Padel, a sport that's quickly entering the luxury sports market. With luxury brands like Chanel and Louis Vuitton incorporating Padel accessories and equipment into their collections, the sport is becoming synonymous with an exclusive, refined lifestyle. This blend of high-end fashion with a niche sport is setting new trends, further blurring the lines between activewear and luxury fashion. #Athleisure #LuxuryFashion #Sportswear #StreetStyle #Padel #FashionTrends #CreativeMarketing #BrandStrategy #Adidas #Nike #LuxuryLifestyle #HaileyBieber #Chanel

👟 My Take On Adidas Collabs, As Featured In Jing Daily Thanks to Bethanie Ryder for asking me about the most recent Adidas collabs at fashion week: “Working with luxury brands, and not the most mainstream ones, adds a veneer of exquisite appeal to Adidas that should help the brand win a few cool points,” Anthony McGuire, co-founder and CEO of PWR House, a next-gen advisory firm specializing in sports, fashion, music, and culture tells Jing Daily. “Customers usually don't buy sneakers from Nike and Adidas because of their footwear technology, but because of their cultural relevance.” As competitors ride the collab wave, Adidas stands apart, says PWR House’s McGuire. “I'm not sure Adidas is leaning into high fashion brands so much as high fashion brands are leaning into Adidas,” McGuire says. “Collaborations are the battleground for sneaker brands, and Adidas’ strategy seems focused on positioning itself as a high-quality, aspirational yet slightly attainable product." Very excited to see Adidas continue to pursue their collaboration strategy. And stay tuned for more updates from PWR House as we continue to work with both brands and creators in authentically connecting with culture. Here is the full article 👇 https://lnkd.in/dcX_rEKy #adidas #sneakers #fashion #retail #collabs #culture #marketing #advertising

Some interesting news in the #apparel and #footwear this week: 1. Luxury department store Harrods has relaunched its own brand in celebration of its 175th anniversary, starting with a stationery and accessories collection followed by cashmere and nightwear in autumn. 2. IKEA is planning to open 100 new click-and-collect points at Tesco stores in a move that will put 90% of its customers within a five-mile radius of a collection point. 3. Fleet Feet has revealed its inaugural Fleet Feet Running Report, which included deep dive into the top-performing shoes at the retailer. The specialty run retail powerhouse revealed HOKA had the top two running shoes sold at Fleet Feet, and Brooks had the following three. 4. Anthropologie is partnering with the British sports heritage brand Gola to launch an exclusive leisurewear collection. They aim to elevate everyday wear with stylish sweats and cult-favourite sneakers available in exclusive colourways only at Anthropologie. 5. PUMA Group and Formula 1 have launched their latest collection, customised for fans and enthusiasts alike. This collection celebrates the passion and vigour identical with motorsport. Whether on race day or in daily life, it offers multipurpose pieces that symbolise the speed and adventure of F1. #apparel #activewear #ownbrand

How a Family Rivalry Gave the World adidas and PUMA Group Some of the biggest global brands have origins rooted in fascinating stories, but the tale of adidas and PUMA Group stands out. It’s a story of innovation, competition, and how a family rivalry gave rise to two of the most iconic sportswear brands in the world. It all began in 1924 in a small town in Germany called Herzogenaurach. Brothers Adi Dassler and Rudolf Dassler started their own shoe company, working tirelessly to create high-quality footwear. Their big break came during the 1936 Olympics, when an athlete wearing their shoes won 4 gold medals. The success put their business on the map, and soon their factory was booming. However, as the company grew, so did tensions between the two brothers. Differences in vision and personal disputes led to a split in 1948. Adi Dassler founded adidas (a combination of his first and last name), while Rudolf Dassler went on to create PUMA Group Adidas became known for its iconic three stripes logo, symbolizing global reach and premium quality. Over the years, adidas positioned itself as a lifestyle and sportswear leader, creating products for athletes and fashion enthusiasts alike. On the other hand, PUMA Group built its brand around speed and performance, with its puma cat logo representing agility and energy. PUMA Group catered to a slightly different audience, focusing on performance-driven sportswear and accessories. Today, the rivalry between these two brands is legendary, with both dominating the global sportswear market in their unique ways. From the Olympic track to street fashion, adidas and PUMA Group have left an indelible mark on the world. The story of adidas and PUMA Group is a powerful reminder of how competition, even within families, can fuel innovation and lead to greatness. What’s your take on this fascinating tale of two brands? Do you prefer adidas or PUMA Group? Let’s discuss in the comments! #business #brand #innovation #marketing

🏆 👟 The Tale of Two Brothers: How PUMA Group and adidas Rose from Rivalry In the world of sportswear, few stories are as legendary as the fierce rivalry between two iconic brands—Puma and Adidas. But did you know this rivalry began with a brotherly feud? The Beginning: One Family, One Dream 🏡 It all started in the quiet town of Herzogenaurach, Germany. The Dassler brothers, Adolf ("Adi") and Rudolf, co-founded a shoe company in their mother's laundry room in the 1920s. The Dassler shoes gained fame when athletes wearing them won gold at the 1936 Olympics. The Split: From Family Ties to Business Rivals 💔 However, during World War II, tensions escalated, leading to a bitter fallout between the brothers. The exact reasons remain a mystery, with tales of misunderstandings and personal grievances. In 1948, the brothers parted ways, splitting the company into two separate entities. Adi went on to establish Adidas (a combination of his nickname "Adi" and the first three letters of "Dassler"). Rudolf formed Puma, originally named "Ruda," which later evolved to reflect the agility and speed of the big cat. The Legacy: A Global Phenomenon 🌍 Both brands have since grown into global giants, each carving out a unique identity. Adidas is known for its innovative designs and sponsorships, from iconic athletes like Jesse Owens to modern stars like Lionel Messi. Puma, with its stylish and performance-oriented approach, has collaborated with pop culture icons like Rihanna and Jay-Z. A Town Divided 🏘️ Interestingly, Herzogenaurach became known as "the town of bent necks," as locals would check each other's footwear before deciding where their loyalties lay. Even today, the rivalry is palpable, with each brand's headquarters located on opposite sides of the Aurach River. The Enduring Rivalry 🔄 Though the Dassler brothers are no longer with us, their legacy continues. The fierce competition between Puma and Adidas has driven innovation and inspired countless athletes and fashion enthusiasts worldwide.  It’s a story of ambition, rivalry, and the enduring pursuit of excellence. -Aarthy Ramesh #Puma #Adidas #Sportswear #BrandRivalry #BusinessHistory #Entrepreneurship #Legacy #Innovation #FashionIndustry #Branding #Marketing #SuccessStory #MBA #SSN #SSNSOM

"JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as Britain's biggest sportswear retailer looks to expand across the southeastern U.S. The deal comes as shares in athletic clothing retailers come under pressure globally after weak outlooks from sports apparel makers such as Nike and Puma. Last month JD's U.S. rival Foot Locker also warned on 2024 profits, though Adidas last week hiked its 2024 forecast on strong demand for the German sportswear giant's sneakers. JD Sports, which sells Nike, adidas, HOKA and other sports brands, said last month it expects the Euro soccer championships, Paris Olympics and new styles of trainers and track suits would spark life into the lacklustre market." #JDSports #hibbett #retail #finance #mergersandacquisitions #financialservices #corporatefinance #equipmentfinance #equipmentleasing https://lnkd.in/e2ZGCKrH

Feeling like your sports team's gear isn't quite capturing that unique spirit? 🤔 It's totally fine! Remember, not all teams need to stick to standard designs. Challenges in finding the right fit or style are common, and it's part of the journey to standing out. 🌟 At Barcela Distribution, we get it. We're all about creating that perfect, customized sportswear collection that's as unique as your team. 🏆 With us, you'll minimize costs, shorten time to market, and simplify your supply chain. Let's turn those obstacles into stepping stones! 💪 Ready to make a splash with custom gear that wows? Visit our website for more info. Share or comment if you're ready to level up your team's look! 🚀 #CustomSportswear #TeamSpirit #BarcelaDistribution #apparelsourcing #privatelabelsourcing #privatelabel #lingerie #sneakers #emergingbrands #apparel #brandcollaboration #fashionindustry #apparelmanufacturing #sourcing