News Briefs – Page 108
-
News briefsYKK is a leader in supplier engagement, increases environmental efforts
Japanese YKK Corporation has been selected as a “supplier engagement leader,” the highest score on the 2022 Supplier Engagement Report (SER) from CDP for the first time. CDP is an international environmental non-profit focused on measuring and reporting companies’ environmental impact (it also published a global supply chain report and ...
-
News briefsCheers to Jake: The Burton Mine77 x Underberg collab
We had to read twice to make sure it wasn’t April’s Fools Day yet, but Burton Snowboards unveiled a story on March 16 that most of us probably didn’t know about the late Jack Burton: “It could be argued that Jake enjoyed an Underberg on more mountains ...
-
News briefsInfantino re-elected as FIFA president
Gianni Infantino has been elected FIFA president for the third time overall and will thus remain in office for another four years. The vote was held by acclamation at the BK Arena in Kigali, the Rwandan capital, meaning delegates showed their approval by applauding. Infantino was the only candidate. The ...
-
News briefsBeachbody’s connected fitness sales tumble
U.S.-based subscription health and wellness company Beachbody’s connected fitness sales fell 87 percent in Q4 to just $4.75 million, down from $36.80 million a year ago. For the full year, revenue fell 11 percent from $42.74 million to $38.19 million. The cost of sales still far exceeds revenue, with $10.54 ...
-
News briefsCastore agrees its first deal with a national football team
British sportswear brand Castore is the new kit manufacturer of the Football Association of Ireland (FAI). The multi-year agreement will run from this month until 2028, with the new home kit revealed on March 20. Castore is replacing Umbro, whose contract with the FAI was actually due to expire in ...
-
News briefsA second edition for Italy’s sports textile industry show Texstile
The second edition of Texstile – Italian Action Style, an event dedicated to the Italian sports textile industry, will take place at the Palavela in Riva del Garda, Italy, on May 22-23. The inaugural show in 2022 attracted more than 200 business operators, invited by 20 exhibitors, of which 90 ...
-
News briefsK-Way will outfit France’s team at the 2024 America’s Cup
K-Way will sponsor the newly formed Orient Express team, which is set to represent France at the 37th America’s Cup in Barcelona next year. K-Way is owned by Turin-based BasicNet, which is also the parent company of Superga, Kappa and other brands. K-Way will provide the competition gear as well ...
-
News briefsTikTok considers separation from Chinese parent
The short video service TikTok wants to pre-empt a possible ban in the U.S. and Europe and is considering a separation from its Chinese parent company ByteDance. As U.S. media have reportedly learned from insiders, corresponding plans are being discussed in the social media portal’s executive suite. The separation is ...
-
News briefsNike will stop using kangaroo leather this year
Nike will stop making any product with kangaroo skins this year, the company said in a statement on March 13. The announcement comes on the heels of rival firm Puma saying it will replace “k-leather” in football boots with a synthetic vegan alternative, meaningfully called “K-better,” as we reported earlier ...
-
News briefsSports Direct criticized for camera surveillance in stores
As the Daily Mail reports, Sports Direct has recently begun using facial recognition cameras that scan customers’ faces and check them against a database of suspected criminals. Frasers Group, which owns Sports Direct and is controlled by billionaire Mike Ashley, found itself compelled to do so after police stopped arresting ...
-
News briefsNew store and retail concept for Peak Performance
The Swedish outdoor brand Peak Performance has opened a 180-sqm store in Innsbruck, Austria, with a new retail concept including care and repair services. As well as offering maintenance advice and professional wash services, the store opening also marks the Austrian launch of Peak Performance’s second-hand initiative, Wear Again (previously ...
-
News briefsBleckmann expands in Belgium
Bleckmann, the Supply Chain Management service (SCM) for fashion and lifestyle brands, is to further expand in Belgium with 60,000 sqm of warehouse space in three strategic locations. The distribution centers in Belsele, Herentals and Grobbendonk will support the growth of customers and additional logistics flexibility. In Belsele, west of ...
-
News briefsAdidas, Y-3 present glueless shoe that can be easily dismantled
Source: Adidas Y-3 Itogo Earlier this year, Adidas and Yohji Yamamoto introduced the world to the new Y-3 Atelier. Now, the German sporting goods brand and the Japanese designer present the first footwear from their experimental new collaboration: the Y-3 Itogo. The shoe consists of just five ...
-
News briefsLed Projects has a new distributor
Salisport France has become the exclusive distributor for France and Belgium of Led Projects’ court-illumination products for both tennis and pádel. Founded as recently as 2021, Salisport says it is the top company in France for court maintenance. Led Projects, meanwhile, has been the official supplier of illumination for ...
-
News briefsNew survey reveals Millennials’ favorite brands
Investment bank Roth MKM announced the results of its 2023 Millennial Survey; a proprietary survey examining current trends, spending patterns and favorite brands across eight consumer categories, including apparel and footwear, and health and wellness. Some of the key findings for the sporting goods industry include: For the second ...
-
News briefsKMD Brands secures B Corp status for Rip Curl, Kathmandu, Oboz
KMD Brands, the outdoor, lifestyle and sports company, sees all three of its brands – Kathmandu, Oboz and Rip Curl – become Certified B Corporations, becoming one of the first multinational firms in Australia and New Zealand to have all businesses individually certified. KMD Brands Group CEO Michael Daly ...
-
News briefs
Former Nordica president Franco Vaccari has passed away
Source: private Franco Vaccari Franco Vaccari, a former shareholder of the Tecnica Group, passed away unexpectedly on March 11, 2023, at 83, according to Tecnica Group information. Vaccari was one of the most important entrepreneurs in the history of the so-called Sportsystem district of Montebelluna in the ...
-
News briefsOrthoLite partners with Novamont to produce circular solution for footwear
Insole and footwear materials brand OrthoLite has announced a partnership with Novamont, a B-Corp manufacturer of bioplastics and biochemicals, to escalate the scalability of its circular foam material solution for footwear, the OrthoLite Cirql, originally launched in 2022. OrthoLite Cirql foam is positioned as free from “forever chemicals” and responsibly ...
-
News briefsHanesBrands completes refinancing of 2024 maturities; closes $900m Term Loan B financing
HanesBrands has completed the refinancing of the last remaining series of its 2024 notes. The company said it successfully closed on an upsized new senior secured Term Loan B facility with an aggregate principal amount of $900 million. The net proceeds from the Term Loan B facility, together with the ...
-
News briefsEx-Wilson president joins Hypetex board
Source: Hypetex Hypetex’ new non-executive director Michael Dowse British materials and technology company Hypetex, a manufacturer of colored carbon fibers, has appointed Michael Dowse as a non-executive director and board member. Dowse has extensive experience in the sports and retail sectors, having held leadership positions at some ...
