News Briefs
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News briefsNew GM at Base Detall Sport
Base Detall Sport will have a new General Manager, Teo Prat, as of Aug. 1. As the Spanish buying group’s President, Miquel Calzada, has told CMDsport, Prat will have an initial term of one year. “Once said term is over,” he said, “both parties will come together to decide on ...
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News briefsSprinter helping to recover ocean plastic
According to Diffusion Sport, Sprinter has been working with a Spanish environmental start-up called Gravity Wave. Their joint project, “Best Wave of Sport,” recovered 30 tons of plastic from the Mediterranean Sea from November 2023 to February 2024. This is part of a larger project called #PlasticFreeOceans, in which 150 ...
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News briefsJeff Bezos to sell $5 billion Amazon shares
Amazon founder Jeff Bezos plans to sell up to 25 million company shares worth about $5 billion, according to a recent Securities and Exchange Commission (SEC) filing. The notice was filed after market hours on July 2, when Amazon’s shares closed at a record high of $200 – the highest ...
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News briefsDP World Tour partners with J. Lindeberg
Swedish sports and fashion brand J.Lindeberg has become the official clothing supplier of the DP World Tour in an exclusive multi-year partnership. As part of the agreement, J.Lindeberg will outfit the tour personnel with a range of bespoke products at the DP World Tour’s 44 tournaments across 24 countries. In ...
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News briefsLululemon among backers of latest $65 million Samsara Eco funding round
Australian recycler Samsara Eco has raised about US$65 million in its latest funding round. Investors include Singapore state investment company Temasek, Hitachi’s venture capital arm, and Lululemon, which earlier this year started selling a jacket made from Samsara Eco’s recycled polyester. The latest round will be used by Samsara Eco ...
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News briefsAuthentic’s new SVP set to drive growth in Japan
Source: Authentic Brands Group Jeff Daggett Authentic Brands Group has appointed Jeff Daggett as Senior Vice President - Head of Japan. With more than thirty years of industry experience, Daggett is expected to play an integral role in strengthening Authentic’s presence and driving brand growth in the ...
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News briefsNew CFO for XXL
Norwegian retailer XXL ASA has appointed Lars Syse Christiansen as its new CFO. He previously held this position at CircleK and Storebrand Bank, among others. He is also currently CEO of Cardboard and Wanda, two companies he co-founded. Before founding Wanda, a circular logistics platform, Christiansen was CFO of Otovo ...
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News briefsJD Sports’ COO steps down
Retail Gazette reports that Sherilyn Paterson, COO of JD Sports, will leave the retailer after 12 years. Paterson, who was promoted to COO last year, will step down for personal reasons. Before taking on the COO position, her roles at JD Sports included Merchandising Director and Group Operations Director.
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News briefsManchester United’s new home kit for 2024/25
Adidas has revealed Manchester United’s home kit for the 2024/25 season. The new design is based on the classic jerseys, which featured slightly fluorescent materials so players could see each other better in the floodlights. The viscose fabric appeared in different shades of red, depending on how the light reflected ...
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News briefsBluebella launches campaign with Team GB Women’s Rugby
Bluebella has launched a new campaign featuring the stars of the Team GB women’s Olympic rugby team. With Paris 2024 starting at the end of July, Team GB Rugby Sevens players Jasmine Joyce, Celia Quansah and Ellie Boatman have teamed up with the underwear brand’s #StrongIsBeautiful campaign to encourage girls ...
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News briefs11teamsports has a new Chief Commercial Officer
Source: 11teamsports Andreas Kohn According to Fashion United, Germany-based football and teamsports e-tailer 11teamsports has appointed Andreas Kohn as the group’s new Chief Commercial Officer on July 1. With over two decades of experience in sales and strategy, Kohn will lead the commercial areas of all 11teamsports ...
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News briefsTSG names SDG as its new exclusive French distribution partner
Swiss action sports company TSG International AG has signed a distribution agreement with SDG Distribution, a leading French distributor of technical action sports equipment based in Soorts-Hossegor. SDG specializes in the distribution of bike, skate, scooter and surf equipment. “The partnership with SDG is not just about expanding our global ...
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News briefsIndoor pickleball franchiser raises its valuation
Pickleball Inc. has led a Series B round of funding for The Picklr, a North American franchise of indoor pickleball courts, with free leagues, tournaments and clinics. The company has now brought in $9 million, raising its valuation to about $59 million. In a little more than a year, The ...
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News briefsAdidas launches its The Pulse retail concept in the UK
Adidas is introducing its premium store format, dubbed “The Pulse,” in the UK with two locations in Edinburgh and Glasgow. A 1,000 sqm store has just opened at Fort Kinnaird in Edinburgh. It is the third The Pulse store to open in Europe, with other locations in Germany and Italy. ...
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News briefsParis to host International Summit on Sport and Sustainable Development
French President Emmanuel Macron and the President of the International Olympic Committee (IOC), Thomas Bach, have proposed to hold an International Summit on Sport and Sustainable Development on the eve of the Opening Ceremony of the Paris 2024 Olympic Games. The Summit will be held on July 25 from 5 ...
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News briefsCisalfa Sport partners with Special Olympics Italia
Italian retailer Cisalfa Sport will support Special Olympics Italia in 2024. Special Olympics is a global non-profit that provides sports training and athletic competition in a variety of Olympic-type sports for children and adults with intellectual disabilities. The organization was founded in 1968 by Eunice Kennedy Shriver, a member ...
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News briefsOrthoLite expands European hub
OrthoLite, the insole and footwear solutions brand, has expanded its European hub, OrthoLite Europa (OEU), in Almansa, Spain. The expansion enhances capacity, innovation and local-for-local insole production solutions for OrthoLite’s European brand partners, the company explained. The factory will add more automation, expand lean line production, and modernize the facility ...
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News briefsMore sustainable movement in the wetsuit market: Billabong introduces Upcycler program
After years of Patagonia producing neoprene-free wetsuits made from natural Yulex rubber, Alpkit recycling its wetsuits into new neoprene since 2023, Decathlon recently starting to produce wetsuits made from Yulex100 and Quiksilver just announcing that it is upcycling wetsuits into sunglasses, Australian surf and lifestyle brand Billabong has now introduced ...
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News briefsChinese Olympic medal winners to wear climate-neutral outfits from Anta
Chinese sportswear brand Anta, which is also an official partner of the Chinese Olympic Committee, has unveiled the outfit that the Chinese delegation will wear at the medal ceremonies during the upcoming Olympic Games in Paris. Anta, part of publicly listed Anta Sports, which also includes brands such as Arc’teryx, ...
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News briefsDeichmann subsidiary to distribute Kappa in Germany and Austria
The German footwear company Supremo is taking over distribution of the Italian sports lifestyle brand Kappa in Germany and Austria as it further expands its portfolio of licensed brands, which already includes Tom Tailor, Lurchi and Romika. Based in Pirmasens, in the Rhineland-Palatinate region of Germany, Supremo is majority ...
