All articles by Jesper Johansson – Page 7
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News briefsSmith announces exclusive sales partnership with Ultra Sport for UK & Ireland
Smith, a global leader in snow goggles, helmets, and eyewear, announces a collaboration with Ultra Sport EU, appointing them as the exclusive sales agency for the UK & Ireland markets. Smith aims to leverage Ultra Sport’s expertise to drive substantial growth and development across all sectors. Giacomo Malipiero, Smith’s Senior ...
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News briefsEnd of an era: World Athletics pays track&field gold medalists at 2024 Olympics
In a historic move, World Athletics has announced plans to award prize money to gold medalists in track and field events at the upcoming 2024 Olympics in Paris, marking a significant departure from traditional Olympic practices. A total of $2.4 million has been allocated for prize money at the 2024 ...
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News briefsFrasers Group bolsters EMEA expansion with Twin Sport acquisition
Frasers Group is set to acquire Twin Sport, a prominent Dutch sporting goods retailer. The acquisition agreement entails Frasers Group acquiring all shares in Twin Sport Holding B.V., a key player in the Dutch sports retail landscape and part of the Intersport franchise under EKS Netherlands. Twin Sport, with 17 ...
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ArticleDecathlon’s global revenue surges by 4.4% to €15.6 billion
In 2023, Decathlon experienced significant developments across various fronts, reflecting its resilience amidst global challenges. CEO Barbara Martin Coppola acknowledged the company’s progress, emphasizing their focus on future sustainability: “We made strides in CO2 reduction while ensuring continued revenue growth.” Financially, Decathlon achieved a 4.4 percent increase in revenue, totaling ...
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News briefsAllbirds faces Nasdaq pressure to boost stock price
Allbirds is facing pressure to increase its share price after receiving a warning from Nasdaq regarding its stock performance. The sustainable footwear brand disclosed that its Class A common stock had consistently closed below $1 per share for 30 consecutive days, violating Nasdaq’s regulations. Allbirds now has six months to ...
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ArticleAsics study reveals link between teenage exercise and adult mental wellbeing
Asics unveils findings from its latest Global State of Mind Study, reaffirming the positive correlation between physical activity and mental wellbeing. Surveying over 26,000 individuals across 22 countries, the study reveals that those who exercise regularly exhibit higher State of Mind scores, with active respondents averaging 67/100 compared to 54/100 ...
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News briefsSportsShoes.com hires Partnerships Coordinator to boost community engagement
Source: SportsShoes.com Georgia Malir, new Partner Coordinator at SportsShoes.com SportsShoes.com has appointed its first Partnerships Coordinator to enhance its engagement with running and fitness communities. Georgia Malir, previously with Saucony, takes on this role, managing the retailer’s partnerships strategy and overseeing relations with over 1,000 running clubs ...
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News briefsAdidas announces updates for road race events
Adidas Running has unveiled plans for its fourth annual Adizero: Road to Records event, scheduled for April 27, 2024, at the brand’s headquarters in Herzogenaurach, Germany. This year’s event has a lineup of 120 athletes from 26 countries competing in newly introduced race distances, including 800m and 1 mile, alongside ...
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News briefsFrasers Group expands Sports Direct with flagship stores in London
Frasers Group is expanding its Sports Direct brand with the opening of two new flagship stores in London’s Westfield shopping centers. Scheduled for next year, the stores in Westfield London and Westfield Stratford will each cover around 28,000 to 29,000 square feet, offering cutting-edge retail experiences. Ger Wright, Managing Director ...
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News briefsLululemon and Samsara Eco debut enzymatically recycled anorak
Source: Lululemon Lululemon is launching its first product made with enzymatically recycled polyester. Lululemon has unveiled its inaugural product crafted from enzymatically recycled polyester, signaling a significant leap in sustainability efforts. The Packable Anorak, a limited edition release, represents the culmination of a multi-year collaboration with Australian ...
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News briefsCenterline Athletics debuts line, partners with pro pickleball player
Centerline Athletics, a new player in the performance apparel market, recently launched its line, targeting both men and women. The brand kicked off with a strategic partnership with Thomas Wilson, a Top 10 Pro Pickleball Association (PPA) athlete. Centerline Athletics says it distinguishes itself with its innovative Griptek technology, promising ...
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News briefsCourt dismisses lawsuit against Nike for greenwashing
A lawsuit against Nike in Missouri has been dismissed by the court following allegations that the company’s Sustainability Collection misled consumers about its use of sustainable materials. The lawsuit, filed by Maria Guadalupe Ellis in May 2023, claimed that Nike violated the Missouri Merchandising Practices Act. According to Ellis, Nike ...
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News briefsVF Corp. plans to open 300 stores in expansion strategy
VF Corp. is restructuring its distribution strategy to tap into underexploited markets, particularly in Southeast Asia, the Middle East, and North Africa. Expanding its existing partnership with retail conglomerate GMG, VF Corp. plans to open 300 stores across these regions for brands like Vans, The North Face and Timberland within ...
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News briefsAuthentic Brands Group nears deal to acquire Champion?
After months of anticipation, it appears that Hanesbrands, Inc.’s Champion brand is on the verge of being acquired by Authentic Brands Group (Authentic). According to a source familiar with the negotiations, reported by Women’s Wear Daily (WWD), Authentic has emerged as the winning bidder in the sale process, with the ...
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News briefsPeak Ski Company names Alex Ford Director of Operations
Peak Ski Company has announced the promotion of Alex Ford to the position of Director of Operations. Ford, who previously served as Operations Manager, has been a part of the company since its inception in April 2022. Before joining Peak Ski, he held the position of Operations and Production Manager ...
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News briefsUEFA opens bidding for women’s soccer gear rights
UEFA has initiated a tender process to secure rights for match balls and apparel exclusively for its women’s competitions throughout the 2025-2030 period. Included in this cycle are five editions of the UEFA Women’s Champions League, the 2029 Women’s European Championship and various age-group tournaments. The tender process will kick ...
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News briefsEGYM acquires Hussle
Fit tech company Egym has acquired Hussle, a prominent corporate wellness platform in the UK, and integrated it into Egym Wellpass, its corporate fitness network. Through this integration, Egym Wellpass now grants employers access to a vast network of over 1,500 gyms, pools and spas across 96 percent of UK ...
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News briefsFrasers Group appoints David Al-Mudallal to board
Frasers Group reportedly appointed David Al-Mudallal, Chief Operating Officer, to its board of directors. Al-Mudallal confirmed the news on LinkedIn and expressed pride in joining the board as an executive director to further the company’s growth and ambitions. Starting as head of talent for Sports Direct in 2017, Al-Mudallal later ...
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News briefsAdanola names Niran Chana as CEO
Adanola has appointed Niran Chana as its new Chief Executive Officer to spearhead the brand’s global expansion efforts. Chana, previously the Chief Commercial Officer at Gymshark, assumes his new role effective June 20. His tenure at Gymshark saw significant achievements, including driving global sales growth and overseeing key functions such ...
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News briefsJD Sports announces expansion into South Africa
JD Sports Fashion has partnered with Foschini Retail Group, a subsidiary of The Foschini Group Limited (TFG), to launch the JD brand in South Africa. Over 40 JD stores are set to open across the country in the next five years, with the first expected by the end of 2024. ...
