Latest Headlines – Page 41
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ArticleLogitech CEO takes over vacant leadership position at VF
Source: VF Corp. Bracken Darrell Some 7 months after Steve Rendle decided to retire from the company after more than five years as Chairman, President and Chief Executive Officer and nearly 25 years of service, VF Corp – owner of Vans, The North Face, Timberland and Dickies, ...
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ArticleHoka expands Fly Human Fly platform for new global campaign
Hoka, a division of Deckers Brands, has launched Murmuration, a global brand campaign spanning owned media, out-of-home, CTV, digital and paid social, running on Meta, Snapchat and TikTok. The campaign builds on the brand’s Fly Human Fly creative platform launched last year and is the brand’s most extensive global integrated ...
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ArticleBrand owners to get more flexibility in cross-border EU Trademark Infringement disputes
The latest ECJ ruling and what it means in practical terms for brand owners who intend to prosecute cross-border trademark infringements
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ArticleAlibaba Group CEO and Chairman resigns to head Alibaba Cloud
Daniel Zhang has unexpectedly resigned as CEO and Chairman of Alibaba Group. He has served as CEO for the past eight years and as Chairman for the past four years. Successors for these two vacant positions have already been determined: Joseph C. Tsai, currently Executive Vice Chairman, will succeed Zhang ...
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ArticlePuma appoints new GM for China
Puma has appointed Shirley Li as its new General Manager in China as part of the company’s strategy to strengthen its business in the market.
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ArticleRockport files for bankruptcy protection again, CEO steps down
Forty years after introducing DresSports, considered the first classic dress shoe with a rubber sole, The Rockport Company filed for Chapter 11 bankruptcy protection for the second time in five years. The petition lists some $99.71 million in funded debt obligations and more than $63.1 million owed to its 20 ...
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ArticleSurf Expo expands offering to include select outdoor products
Trade shows around the world continue to look for ways to redefine themselves or strengthen their presence in the order market, which is increasingly dominated by digital or exclusive events. The latest example is Florida’s Surf Expo, a three-day action sports trade show in Orlando produced by Emerald X, the ...
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ArticleSmart insoles supplier announces completion of investment round
Arion, a developer of smart insoles, has announced the successful completion of its latest multi-million dollar investment round for Deep Tech parent company Atogear, led by CEO Markus Hupach, former CEO of Sport 2000, since early 2022 (our sister publication The Outdoor Industry Compass reported at the time). The funds ...
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ArticleIOC launches “Let’s Move” global campaign on Olympic Day
Source: IOC The International Olympic Committee (IOC) has announced a new global initiative to inspire the world to move more every day in collaboration with the World Health Organization (WHO). The campaign, dubbed Let’s Move will begin on Olympic Day, June 23. According to recent WHO data ...
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ArticlePuma moves global marketing from Boston to Herzogenaurach
Source: Puma Richard Teyssier Puma is relocating its global marketing organization from the U.S. to its headquarters in Germany in line with the implementation of its strategic priorities. Richard Teyssier, currently Regional General Manager Europe, will lead the department as the company’s new Global Brand & Marketing ...
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ArticlePádel pessimism from a generalist and a specialist alike
“We don’t depend on pádel,” Head Spain’s racquet-sports business manager has told CMDsport, because, like its global parent, his company has other “legs” to stand on, such as tennis, winter sports and water sports. Still, Ricardo Brigolle believes it could take as long as a year to empty the warehouses ...
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ArticleRecord year for Sport 2000 International
Sports retail group Sport 2000 International looks back on a very successful year, closing FY22 with gross sales of €6.5 billion. With the goal of becoming “an agile, future-oriented premium retail service organization,” the company is initiating a transformation and growing even closer together as an international sports retail network. ...
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ArticleChanging the game: First volleyball brand dedicated exclusively to female players
Avoli, the first and only sports brand dedicated exclusively to the performance needs and demands of women’s and girls’ volleyball, has announced its official launch in the U.S. with the support of angel investors who recognized “the brand’s tremendous potential in the rapidly expanding landscape of girls’ volleyball.” The sport ...
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ArticleHalf of EU's young consumers think it's acceptable to buy fake products
A new study by the European Union Intellectual Property Office (EUIPO) shows that while Europeans are becoming increasingly wary of counterfeits and illegal content, price remains a key factor, with young consumers more willing to buy fakes. Between Jan. 30 and Feb. 15, 2023, a total of 25,824 interviews were ...
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ArticleBank merger: UBS completes acquisition of Credit Suisse
UBS, the major Swiss bank headquartered in Zurich and Basel, completed the emergency takeover of Credit Suisse on June 12. The acquisition ”marks the beginning of a new, historic chapter,“ UBS Group wrote in a press release. Swiss authorities arranged the disputed emergency bailout of Credit Suisse by UBS for ...
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ArticleRottefella wins patent suit against Amer
The Norwegian Court of Appeal has ruled in favor of Rottefella and Madshus in the patent case against Amer Sports on moveable binding systems. The lawsuit targeted “Move,” a binding system for cross-country skis that Norwegian manufacturer Rottefella launched in 2018 after several years of product development. Move, developed by ...
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ArticleAsics releases poem to inspire people and get them moving
Asics has teamed up with poets in the UK, Germany, the Netherlands and Spain on Global Running Day (poet and mental health advocate Charly Cox in the UK, poet Julia Engelmann in Germany, poet Roziena Salihu in the Netherlands, and record holder and Asics athlete Mo Katir in Spain) to ...
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ArticleManchester City replaces Real Madrid as the world’s most valuable football brand
Manchester City FC has surpassed Real Madrid CF as the world’s most valuable football club brand, ending Real Madrid’s four-year streak at the top. According to “Football 50 2023,” the annual football club valuation report by Brand Finance, Manchester City has reached a brand value of €1.51 ...
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ArticleTennis-Point and Tennis Channel launch online merchandise site during Roland Garros
California-based Tennis Channel and racquet and sporting goods retailer Tennis-Point, a subsidiary of Signa Sports United (SSU), have entered into a multi-year e-commerce agreement to offer tennis fans high-quality tennis apparel, equipment and accessories. The partnership includes the launch of a white-label tennis and pickleball store at www.tennis.com and a ...
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ArticleOutDoor by ISPO scores with community spirit, sustainability and inspiration
Three days and over 650 exhibitors! OutDoor by ISPO 2023 is over and has been hailed as a success. We bring you some reactions.
