News Briefs – Page 107
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News briefsAllbirds to launch net zero carbon shoe
Source: https://www.allbirds.com Allbirds has announced the launch of the M0.0NSHOT, which it claims is the “world’s first net zero carbon shoe.” The name refers to the company “shooting for the moon with a net zero carbon shoe,” Allbirds said. The midsole of the M0.0NSHOT consists of a ...
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News briefsPeak Ski Company integrates tracking device directly into ski
Peak Ski Company, the U.S. ski brand founded in 2022 by Bode Miller and Andy Wirth, and its strategic partner Pebblebee have unveiled Peak Lôc8, a tracking device that will be integrated into some models of Peak’s 2023/24 ski line. Peak Lôc8 allows users to locate their Peak skis (not ...
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News briefsSpanish e-tail giant to start a brand of its own
Tradeinn has plans to develop a brand of its own. The Spanish e-tailer – which operates a single physical store (in Celrà) and more than a dozen separate websites (divvied up by sport) – was in Barcelona for Eshow, the trade fair for e-commerce and digital marketing. There, according to ...
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News briefsPrimaLoft has a new CFO
Source: PrimaLoft Jason Kerley Materials technology company PrimaLoft, Inc., a subsidiary of Compass Diversified (CoDi), has announced the promotion of Jason Kerley to chief financial officer. Kerley, who currently serves as vice president - controller, will assume the position following the departure of Tom Seaver, who joined ...
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News briefsFashion for Good announces 12 new members of its 2023 Innovation Program
Fashion for Good has welcomed twelve new start-ups to its global platform. The selected innovators will participate in the nine-month 2023 Innovation Program, with bespoke support based on the development stage and ambitions of each participant, to validate their technologies, match with relevant industry partners and drive implementation and investing ...
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News briefsVolleyball emerges as the digital champion for 2022
The International Volleyball Federation (FIVB) has emerged as the leader among sports authorities in the 7th edition of the #SportOnSocial League Table, a social media performance benchmarking tool established every year by research, digital and creative agency Redtorch. FIVB ranked second last year when the top spot was occupied by ...
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News briefsThe key topics at Supply Chain Forum Amsterdam 2023
The Supply Chain Forum, part of the PI Apparel conference series, will return to Amsterdam on May 30-31. The key topics at the event, held at the Postillion Convention Centre Amsterdam, will include: The greening of the fashion supply chain, with special attention to the EU Green Deal; the impact ...
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News briefsSweaty Betty’s CEO and COO to step down
Sweaty Betty’s chief executive Julia Straus and chief operating officer Mark Smith are both set to leave the company. The pair will step down from the business in the summer of 2023. Replacements have not yet been announced. An official statement from Sweaty Betty, first quoted in Drapers, confirmed: ”After ...
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News briefsSabrina Ionescu and Nike team up for signature basketball collection
Source: Nike Sabrina Ionescu’s Unicorn sock with Dri-FIT ADV Nike has unveiled Sabrina Ionescu as its newest signature athlete, continuing to follow through on its self-imposed commitment to develop the next generation of basketball players and advance the game both on and off the court. Ionescu is ...
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News briefsAdidas to discontinue Runtastic App
Adidas is discontinuing its training app Runtastic, according to German online magazine Business Insider. Adidas acquired the Austrian startup, which launched in 2009, in 2015. Scott Dunlap, CEO at Runtastic & VP mobile at Adidas, who was appointed to succeed co-founder and CEO Florian Gschwandtner at Runtastic in 2019, has ...
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News briefsFrench court will examine options for Go Sport on April 18
The Grenoble Commercial Court has decided to study the continuation plan that Hermione People & Brands (HPB), Go Sport’s owner, the owner of Go Sport, intends to implement, as well as the takeover bids available on April 18. Intersport and Frasers (formerly Sports Direct) are among the potential buyers. French ...
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News briefsAsics recognized by CDP for its sustainability efforts
For the fourth consecutive year, Asics Corp. has been awarded a position on the Supplier Engagement Leaderboard by CDP. Headquartered in Brussels, CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. Asics has been recognized for ...
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News briefsSSU eyes return to profitability in FY24
The sports e-commerce company Signa Sports United (SSU) is undergoing a strategic realignment assessment to generate long-term shareholder value that it intends to reveal at the end of Q2 but is projecting an ongoing challenging environment through the remainder of the FY due to inflationary pressures impacting both consumer sentiment ...
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News briefsWolverine Worldwide names new chairman, directors
Tom Long, the lead independent director for Wolverine Worldwide and former CEO of MillerCoors, LLC, will become chairman of Wolverine on May 4 following the retirement of Blake Krueger, chairman and retired CEO. Meanwhile, earlier this week, the parent of the Merrell and Saucony brands, among others, named three ...
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News briefsHanesBrands appoints president for Champion Europe
Source: Business Wire Lorenzo Moretti, new President of Champion Europe HanesBrands announced that Lorenzo Moretti has been appointed president of Champion Europe, effective July 2023. Moretti will lead Champion Europe’s direct-to-consumer business and build on the company’s strong position in wholesale channels. The focus is on growing ...
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News briefsANWR Group strengthens liquidity of affiliated retailers
As the now-restored ability to deliver and, at the same time, unusually early deliveries by manufacturers are currently leading to high inventories at many retail companies and thus to a short-term and seasonal strain on liquidity, German ANWR Group is strengthening its affiliated retailers via the Group’s own DZB Bank ...
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News briefsAdidas partners with Rheon for new high-tech workout apparel
Source: Adidas Adidas Techfit Control with Rheon super polymer For Spring/Summer 23, Adidas is launching the new Adidas Techfit Control apparel line in collaboration with Rheon Labs, the company behind Rheon, an energy-absorbing “super polymer.” The latest high-tech collection combines Adidas’ material constructions with the intelligent polymer ...
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News briefsTrusTrace with first hire in the U.S.
Source: TrusTrace Apurva Bhargava, new Head of U.S. Operations TrusTrace, a Swedish SaaS company that provides a product traceability and compliance platform for retail and fashion companies, has announced its first hire in the U.S. with the appointment of Apurva Bhargava as head of U.S. operations. Bhargava’s ...
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News briefsAdidas launches soccer shoes with Parley to help reduce plastic waste
Source: Adidas Mapi León In collaboration with Parley for the Oceans, Adidas has released a soccer shoe pack with three Adidas x Parley footwear franchises: Predator Accuracy, X Speedportal and Copa Pure. The three models are the first to be made partly from Parley Ocean Plastic, re-imagined ...
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News briefsAnta wants shares to also be traded in Chinese currency
Anta Sports Products is applying for approval from the Hong Kong Stock Exchange to allow its shares also to be traded in the Chinese yuan renminbi (RMB) currency besides the Hong Kong dollar under the dual counter model. The group said the change would be beneficial by allowing shareholders and ...
