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Mission teams up with all-star Carmelo Anthony, unveils new Power Grip

BY Antoinette Alexander

NEW YORK — Mission Athletecare, a line of skin care products geared toward athletes, has announced a new partnership with all-star Carmelo Anthony and unveiled the launch of the new Power Grip, Anthony’s signature product that aims to give athletes a competitive edge.

Sweaty hands pose serious problems for athletes, not just in basketball but also in any sport that depends on an athlete’s ability to maintain a strong grip on a ball, stick or racket. Applying a few drops of Power Grip to their hands delivers instant and sustained dry grip. Mission’s proprietary “liquid chalk technology” is designed to work immediately to give athletes a better grip.

“When your hands are wet, your grip is slippery — and that can lead to a ton of problems for your game,” Anthony said. “Ask any athlete: sweaty hands can mean all the difference with a shot, a pass, a block and, most importantly, your confidence. Nothing else has worked in the past. The chalk is messy, and is really just for show, and wiping your wet hands on wet shorts doesn’t help either. Power Grip changes all that.”

“The data speaks for itself,” added Mark French, president of the Mission basketball division. “A Pace University survey of [more than] 50 college and high school coaches showed that [more than] 80% of coaches have players who are negatively impacted by lack of hand grip due to sweat accumulation on their hands. That’s a huge problem for teams and athletes at all levels of play, and Power Grip delivers the solution.”

Mission’s proprietary formula was developed and tested over the last six months, honing the product’s ability to improve grip at the very highest levels of athletic performance. Powder, chalk and towels only offer temporary relief, and often create secondary problems: they leave dust and dirt on the floor that can lead to slips and injury. Power Grip allows athletes to avoid those challenges, and comes in a pocket-size applicator for easy-to-use portability and convenience.

Led by a group of world-class athletes, including Serena Williams, David Wright, Georges St-Pierre and Mia Hamm, among others, the company is pioneering a new category in the sports industry, called Athletecare.

Today, Mission has more than 25 product innovations in its portfolio and is sold in nearly 10,000 stores across the United States, including CVS/pharmacy.

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September retail sales jump 1.1%, beating forecasts

BY Katherine Field Boccaccio

NEW YORK — U.S. retail sales in September grew at their fastest pace in six months, beating forecasts and rising 1.1%, the Commerce Department reported Friday. Excluding the auto sector, sales rose 0.6%, also better than expected. The increase gave retailers renewed hope for the upcoming holiday season.

The Commerce Department also reported that sales for August, which originally were reported as unchanged, were revised up to a 0.3% increase.

“Consumers remain relatively resilient,” said Ryan Sweet, a senior economist at Moody’s Analytics in West Chester, Pa., in a Bloomberg report. “It’s evident they don’t want to cut back on spending. It’s going to be a decent but not spectacular holiday shopping season.”

The September increase came amid higher purchases of autos, clothing and home furnishings. Ten-of-13 major categories showed increases last month. Apparel sales rose 1.3%, the largest increase in seven months. Sales of home furnishings also were strong, up 1.1%. Purchases at automobile dealers climbed 3.6%, the most since March 2010.

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Target announces departure of Target.com president

BY Mike Troy

MINNEAPOLIS  — Target announced that Steve Eastman, president of Target.com, left the retailer to pursue other opportunities. Eastman’s departure follows a late August relaunch of Target.com.

The relaunch process did not go smoothly as Target brought its online operations in-house after a lengthy relationship with Amazon.com. Target’s goal was to reinvent the online environment and create a user-friendly and reliable experience, but that proved not to be the case initially as critics panned the site design and there were difficulties with functionality.

Target involved 20 technology partners in the two-year development process.

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