Latest Headlines – Page 168
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France beats the U.S. in a rising ski market
After three years of stagnation or decline, the number of skier visits went up by 4 percent worldwide during the 2017/18 winter season, according to the 10th edition of the International Report on Snow & Mountain Tourism issued by Laurent Vanat, which now covers 2,113 ski resorts in 67 countries ...
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A Norwegian ski champion launches glasses and gloves
A Norwegian cross-country skiing star, Petter Northug, has launched his own brand, called Northug. The first products set to be launched in 2019 will be a line of sports glasses designed by an award-winning industrial designer, Bård Eker, and Eker Design. Eker is best known for the design of a ...
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A European label for physical activity in the workplace
Assosport, the Italian sporting goods industry association, represents Italy within EMoCS (European Meetings for Company Sport), a European project to raise awareness of the importance of physical activity, especially in the workplace. The project is led by the European Federation for Company Sport (EFCS) with European partners from Italy, France, ...
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The EU has launched its Circular Plastics Alliance
The European Commission has launched an alliance of key industry stakeholders across the full plastics value chain as part of its efforts to accelerate Europe's transition toward a circular economy. The Circular Plastics Alliance is meant to stimulate the reduction of plastics littering and increase the share of recycled plastics, ...
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Gore launches new three-layer laminate
W.L. Gore & Associates has announced the launch of a new three-layer laminate for outdoor apparel next year, as part of its offerings to help reduce the environmental footprint of outdoor fabrics. The new Gore-Tex 3-Layer features a recycled and solution-dyed polyester backer, as well as a durable water-repellent ...
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Ispo Munich expands
Ispo Munich will reach a high watermark of 200,000 square meters on Feb. 3-6, adding a further two halls – C5 and C6 – from last year's total of 16. The show is making plenty of room for meetings and networking.For 2019, the themes are “Health, Physical Activity and Sport,” ...
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Sweden to host Winter Special Olympics in 2021
The Special Olympics, the global sports organization for children and adults with intellectual disabilities, has announced that Sweden will be hosting the World Winter Games in 2021. The Special Olympics World Games take place every two years, alternating between Summer and Winter Games. The 2017 winter edition was held in ...
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Polartec’s Apex Awards
Polartec has announced the winning 2018 designs made with its own fabrics. Here are some of the styles developed by sports brands that have won its Apex Awards:- Burton's women's Turbine Quarter zip fleece and pant, originally designed for the U.S. Olympic snowboarding uniforms- Dainese's Flexagon PL waistcoat, a winter sports back ...
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Seven young firms receive OSV’s sponsorship
Outdoor Sports Valley (OSV), the French trade association of outdoor and winter sports companies, has unveiled the names of seven young companies that will receive its sponsorship in 2019. They are:- Hästko, a producer of technical underwear for riders;- MeroMero, a producer of durable, modular products for active parents and ...
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Major sports retailers grow twice as fast as the world market
The 64 largest sporting goods specialty retail chains in the world raised their sales by 10 percent in local currencies as well as in dollars in 2017, according to an annual survey by Sporting Goods Intelligence, in spite of the strong growth of the generalist internet operators in this and ...
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SDI’s sports operations show better margins
The U.K. sports retail segment, which remains the core of Sports Direct International's businesses, showed a sales decline of 0.2 percent to £1,140.2 million (€1,267.9m-$1,437.0m) in the first half of its financial year, ended Oct. 28. The management attributed most of the drop to store closures implemented “as part of the ...
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Ashley calls for taxes on internet sales
Mike Ashley, the controversial British entrepreneur who controls Sports Direct International, has suggested that the British Parliament should impose a 20 percent tax on online sales to protect brick-and-mortar retailers.He said the tax should be imposed on retailers that make more than 20 percent of revenues through the internet, blaming ...
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Amer’s board approves Anta’s takeover plan
Amer Sports has issued a statement that its board of directors is unanimously recommending that its shareholders should accept the tender offer proposed by China's largest sporting goods company, Anta Sports Products, and other investors, after analyzing alternative opportunities.The tender offer for all the shares of the Helsinki-based group is ...
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Dakine finds new brand owners
Marquee Brands, a brand management company whose portfolio includes names such as Bruno Magli, Ben Sherman and Body Glove, has acquired the Dakine brand and the related intellectual property. It has also entered into a long-term license agreement with JR286, a product design company based in California that has acquired ...
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Kettler finds a new investor
Lafayette Mittelstand Capital, a Frankfurt-based equity investment firm, has signed an agreement for the acquisition of Kettler's assets, including the brand, the licensing rights, its intellectual property and its three factories in Germany. The closing of the deal, whose price has not been revealed, should occur in the next days, ...
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Accell places the U.S. under review
Without addressing Pon Holdings' solicitations for a minority stake in the company (SGI Europe Vol. 29 N° 35+36 of Nov. 20), the Accell Group said it will explore strategic options for its U.S. operations during the next six to nine months, including their possible sale. The Dutch-based group has decided ...
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Lululemon beats expectations but shares drop on weak outlook
Although Lululemon Athletica continued on its upward trend since the start of the year, with results for its third fiscal quarter surpassing expectations, its shares dropped by 3 percent as it issued a weaker-than-expected outlook for the fourth quarter.Revenues for the three months ended Oct. 28 were up by 21 ...
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A record year for Johnson Outdoors
Thanks to strong demand for new products, Johnson Outdoors posted all-time high revenues and earnings for its fiscal year ended Sept. 28, in spite of a weak fourth quarter. In particular, the company said it recorded unprecedented growth in its flagship fishing and diving segments, which it attributed to a ...
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Global brands and retailers launch a new charter to collectively address climate change
A large group made up of global fashion brands, retailers, suppliers and other organizations is launching the Fashion Industry Charter for Climate Action, a collective initiative to address global environmental concerns, under the auspices of UN Climate Change. The group includes sports companies such as Adidas, Puma, Arc'teryx, Peak Performance, Salomon and ...
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Decathlon will soon complete its project for environmental labeling for all textile and footwear items
Decathlon will finalize by the end of 2019 its decade-long project that will see all textile and footwear items labeled with their environmental impact, according to reports on just-style.com. Raffaele Duby, sustainable development leader for product and design at the French retailer, also told just-style that the data will be ...
