
Lotto signs soccer prodigy Loradana Palette
At just 14 years old, Paletta, a standout midfielder, is one of the youngest players on the U.S. Soccer Under-16 Girls National Team and competes with the NYCFC Youth U14 Academy Boys Team.
"Lotto has a great fifty-plus year heritage in soccer and adding Loradana as our first NIL partner in the U.S. is the latest example of our dedication to the future of the sport and our continued growth in market as the country's soccer participation and interest is skyrocketing," said Jameel Spencer, chief marketing officer, fashion & athletic verticals, at WHP Global, which owns the Lotto brand.
"At only 14 years-old, Loradana Paletta is everything Lotto stands for. Fearless, authentic, and driven by passion. She's a dynamic leader on the pitch and rewriting the story for young female athletes in this country, and we're proud to be a part of that. Her energy and attitude mirror our DNA, and she's already leading the next generation by example.'
Lotto's U.S. presence has grown significantly in recent years, including a 2023 partnership with Dick's Sporting Goods to anchor retail distribution across soccer and racquet sports.
Paletta joins a global roster of more than 500 professional athletes repping Lotto, including NWSL standout Sofia Huerta, MLS players Kellyn Acosta and Tim Parker, and broadcaster and former pro Stu Holden.
"I'm honored to be the first NIL partner for such an iconic soccer brand like Lotto," said Paletta.
"As I continue to develop my game, having gear I trust makes a huge difference—Lotto's Solista and Stadio cleats give me confidence and comfort every time I step on the field. I'm excited to help grow the brand in the U.S. alongside amazing athletes like Sofia, Kellyn, Tim, and Stu. Off the field, I also love Lotto's lifestyle pieces—especially the Brasil Select shoes and their unique, stylish apparel. Everything I wear from Lotto stands out and lets me express who I am, and I am so excited to be their partner."
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Euronews
2 hours ago
- Euronews
UniCredit delivers record earnings, raises 2025 outlook
UniCredit S.p.A. has kicked off the European banking earnings season with a stellar performance, surpassing analyst expectations and raising its full-year guidance, buoyed by robust core revenues and pristine asset quality. The Milan-based lender posted a record net profit of €3.3 billion in the second quarter of 2025, lifting its first-half earnings to €6.1 billion. Earnings per share surged to €2.16, up 34% year-on-year and well ahead of the €1.55 forecast. Core revenue rose 1.3% annually to €5.9 billion in the quarter. According to the bank, these results are transforming what was meant to be a "transitional year into the best year ever." 'UniCredit has achieved outstanding financial results, with a record-breaking Q2 contributing to the best H1 in the bank's history,' said Chief Executive Officer Andrea Orcel. 'We are protected for the future as our low cost of risk, strong asset quality and unmatched overlays safeguard against potential macroeconomic downturns,' he added. Upgraded outlook and investor payouts In a further sign of confidence, UniCredit raised its full-year 2025 net profit guidance to approximately €10.5 billion, up from a prior target of more than €9.3 billion. The bank also lifted its net revenue outlook to above €23.5 billion and upgraded its return on tangible equity (ROTE) forecast to around 20%, from previously over 17%. Longer-term projections were also improved, with 2027 earnings now expected to reach at least €11 billion, up from circa €10 billion. The bank raised its distribution guidance to equal to or above €9.5 billion for 2025, including a cash dividend of at least €4.75 billion. An interim cash dividend of about €2.1 billion is envisaged, representing a 46% increase year-on-year, with the ex-dividend date set for 24 November. In addition, a €3.6 billion share buy-back programme is slated to commence following the second-quarter results. Goldman Sachs analyst Chris Hallam praised UniCredit's 'beat and raise' performance, highlighting the bank's continued earnings momentum and shareholder-friendly capital distribution. Balance sheet resilience and strategic clarity UniCredit's gross non-performing exposure (NPE) ratio remained stable at 2.6%, while the cost of risk stayed at a low nine basis points in the first half—underscoring the group's asset quality and prudent provisioning. Separately, UniCredit withdrew its offer for Banco BPM, citing unresolved conditions linked to Italy's golden power regulations. Orcel noted that the ongoing uncertainty surrounding the authorisation process did not benefit shareholders or the bank, prompting the decision to pull the deal. While progress had been made with the Italian Administrative Tribunal (TAR), the European Commission's Directorate-General for Competition and the Italian government, the bank concluded that the timeline for resolving the regulatory hurdle exceeded the offer window. Market reaction and sector momentum Investors responded positively to the results and upgraded guidance. UniCredit shares rallied 2.6% in early Wednesday trading to €59.60, bringing year-to-date gains to 54%. The stock surged 56% in 2024 and 85% in 2023, making it one of Europe's best-performing financials. The Euro STOXX Banks index advanced 1.4%, outperforming the broader Euro STOXX 600, which rose 0.9%. Peers including Deutsche Bank, Banco Bilbao Vizcaya and Nordea Bank each gained 1.5%, while BNP Paribas rose 1.1% ahead of its second-quarter earnings release on Thursday.


Euronews
2 hours ago
- Euronews
UniCredit withdraws bid for Banco BPM due to uncertainty
UniCredit's board of directors has announced the withdrawal of its bid for Banco BPM, after months of negotiations and intervention by the Italian government. The bank's reasoning behind the decision to pull out is the Italian government's implementation of the so-called golden power rule, requested by the Banco BPM management. Golden power is the instrument with which, in exceptional cases, a country's leadership can de facto condition or even prohibit a market transaction. According to UniCredit, the instrument would have made it impossible to complete the negotiations within the deadline set for the offer, depriving Banco's shareholders of the dialogue that normally takes place during an offer period to understand the value created by the takeover and determine the conditions that would be acceptable to move forward. "While we welcome the significant progress made with the TAR (Regional administrative tribunals), EU DG for Competition and the Italian government, the timeframe for a final resolution of the golden power issue goes well beyond the expiration of our offer and also that of the suspension decided today by CONSOB," reads the note in which UniCredit announced the withdrawal of the offer. "The offer process has been affected by the golden power clause, insistently invoked by BPM's top management, which has prevented UniCredit from engaging in dialogue with BPM's shareholders in the way that a normal offer process would have allowed," the group writes further. "This is a missed opportunity not only for BPM's stakeholders but also for the Italian business community and the economy in general. UniCredit remains convinced that the consolidation of the Italian banking sector would benefit both the country and Europe as a whole," the note concludes.


Fashion Network
9 hours ago
- Fashion Network
Skims inks new partnership with League One Volleyball
Skims announced on Tuesday a new partnership with League One Volleyball (LOVB), which sees the Kim Kardashian -owned brand step up as official loungewear, intimates, and sleepwear partner for the U.S. women's sports team. As part of the partnership, Skims will participate in LOVB community and athlete-driven events, league-wide activations, and more throughout the season. The deal will also provides Skims with exposure across LOVB's official digital platforms, events, and broadcasts. 'We're excited to partner with League One Volleyball and to support the incredible community they're building from youth players all the way to the professional stage,' said Kim Kardashian, co-founder & chief creative officer, Skims. 'Together, we look forward to inspiring confidence and empowering athletes at every level through innovative products, community activations, and storytelling that celebrates the athletes on and off the court.' Volleyball has become the #1 team sport among girls in the United States, thanks to LOVB's grassroots-to-pro movement and the LA28 Olympics approaching, according to Skims. The partnership looks accelerate the future of professional women's volleyball, as well as empower girls and women both in sports and beyond. "Partnering with Skims is an incredible milestone for our league and clubs — their dedication to empowering women and celebrating confidence aligns perfectly with our mission to elevate our athletes of every age, and accelerate growth of the sport of volleyball,' said Michelle McGoldrick, LOVB's chief business officer. 'Together, we're not only supporting our remarkable athletes on their journey to becoming household names, but also helping to inspire the next generation of players and fans.' Earlier this year, Skims revealed its first luxury collaboration with Italian luxury brand, Roberto Cavalli.