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

John Lewis states that Crocs have defined 2021

Department store John Lewis has published its ‘Shop, Live, Look’ report for 2021, which reveals that the work-life balance has shifted towards life, with tents, air fryers, trampolines, Speedos and Crocs among the products that defined the last 12 months. The annual report, which looks back at the products and trends that shaped the year, states...

Business

Pentland Connect signs up 1,200 retailers

Pentland Brands online ordering service, Pentland Connect has signed up 1,200 retailers, following the group’s relaunch of its business-to-business website in January. Pentland Connect has been relaunched to allow retailers to adapt to what the group calls “an unpredictable retail climate” and allow them the opportunity to order products from...

People

Speedo appoints new global brand director

Pentland Brands, which owns sports, outdoor and lifestyle brands including Berghaus and Canterbury of New Zealand, has appointed Kev McFadyen as the global brand director for its Speedo brand. McFadyen joined the Pentland Brands business as the brand director for Berghaus in 2018 and has successfully led the brand to deliver growth across both...

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...

People

Speedo North America announces return of Jim Gerson as president

Pentland Group has announced that Jim Gerson will be returning as president of Speedo North America on June 1. He will report to Andy Long, CEO of Pentland Group’s Pentland Brands division, and will be responsible for growing the brand and preparing the Speedo North America team for the Tokyo Olympics and Paralympics in 2021. “We’re thrilled...

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...

Business

Pentland Brands to create over 100 new jobs in Nottingham

London - Pentland Brands, the parent company of international brands such as Ellesse, Speedo, Boxfresh, Berghaus and Mitre, is set to create more than 100 new jobs in Nottingham after moving its active brands to its headquarters in the East Midlands. Pentland Brands current headquarters at NG2 Business Park is set to become the main location for...