Speedo news and archive

Pentland names new leadership at owned brands

Pentland Brands has announced a slew of new leadership appointments beginning this month at a number of its owned brands as part of its efforts to elevate product and identity. At Speedo, Simon Breckon has been named senior vice president, a step up from when he initially joined the group in 2018, from which time he was credited with playing a...

BusinessFeatured

Pentland Brands shares ‘100-1-0’ sustainability progress

Pentland Brands, which owns sports, outdoor and lifestyle brands including Speedo, Berghaus, and Ellesse, is driving forward its ‘100-1-0’ sustainable strategy launched at the end of 2021 by sharing its progress over the last 12 months. In the last year, Pentland Brands states it has made “significant progress” on its sustainability plans, set...

Fashion

Speedo launches most sustainable swimwear to date

Speedo has launched its most sustainable swimwear collection to date, with its Eco collection featuring up to 82 percent recycled materials. The Eco swimwear collection strengthens Speedo’s sustainable offering and features the launch of two new fabrics, the Eco Endurance + and Eco Endurabrite fabrics, which have been crafted from recycled yarn....

BusinessFeatured

Pentland Brands wants to be net-zero by 2032

Pentland Brands, which owns sports, outdoor and lifestyle brands including Speedo, Berghaus, and Ellesse, has launched a new “100-1-0” sustainability strategy that includes becoming a net-zero business by 2032. The 2032 timeline and name of the strategy coincides with the 100th anniversary of the Pentland Brands business. “100-1-0” focuses on...

BusinessFeatured

Pentland Brands to “hibernate” its Boxfresh brand

Pentland Brands, which owns Speedo and Berghaus, has concluded its global strategic review, which it started before the Covid-19 pandemic, and has announced a number of changes, including plans to “hibernate” its Boxfresh brand and make around 350 redundancies at its UK-based head office to allow it to focus on its core brands. The aim of the...

Business

PVH Corp. sells Speedo North America business to Pentland Group

PVH has sold the North American operations of the Speedo brand back to the label's parent company, Petland Group, for 170 million dollars in cash. Petland will now operate Speedo businesses worldwide. This sale was originally announced in January and completed this week. PVH will use the proceeds of the transaction to bolster its core balance...

Business

PVH Corp adjusts earnings outlook after Speedo sale

PVH Corp. has updated its fourth quarter and full year 2019 earnings outlook in connection with sale of its Speedo North America business to Pentland Group PLC for 170 million dollars in cash. The company currently projects loss per share on a GAAP basis for the fourth quarter 2019 will be approximately 20 cents and earnings per share on a GAAP...

Retail

Speedo plans to add three more stores this year

Speedo’s journey is rich in history and innovation. In the formative years, an average store size would be around 600 sq ft. Considering the shifting needs of the consumer and their expectations, along with the evolution of retail as an industry, Speedo is in the process of opening three more stores this year. Omni channel retail will be in...

Retail

Speedo plans online retail in India

Swimwear brand Speedo will reach out to a wider range of Indian consumers this year with e-commerce launch. Speedo has 45 stores in India across cities like Mumbai, Delhi, Gurugram, Noida, Pune, Bangalore, Chennai, Ahmedabad, Kolkata, Chandigarh, Hyderabad, Cochin, and Jaipur. This includes eight stores in Bangalore and three in Pune. The brand...

People

Parineeti Chopra roped in by Speedo India as fitness ambassador

Leading swimwear brand Speedo has signed up Bollywood actress and fitness enthusiast Parineeti Chopra as their new fitness ambassador. As the new face for Speedo India, Parineeti will be joining an esteemed roster of Olympians, athletes and trainers from around the globe. Speedo as a brand, is synonymous with performance swimwear, and via it’s...

Retail

Speedo launches maiden store in Kolkata

Speedo, one of the world’s leading swimwear brand, launched its first exclusive store, in Kolkata’s Forum Courtyard Mall. The 23rd in the series of exclusive Speedo outlets in India, the newly launched store aims to entice swimmers with its diverse collection of swimwear and accessories catering to a wide variety of customers from new swimmers...

Apparel

Jockey hunts for new creative partner

Page Industries, the exclusive licensee of Jockey International Inc in India, is hunting for a new creative partner for the innerwear and leisurewear brand. By invitation only, pitch presentation to bag the prestigious account is currently on in Bangalore. Earlier in 2009, Mudra was given the task of creating an ad campaign for the brand and the...