News Briefs – Page 119
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News briefsGerman retail industry launches another climate project
The German Retail Association (HDE) is expanding its commitment to climate protection. Following the climate protection offensive that has already been running since 2017, the new HDE-Adapt project has now been launched with a wide range of workshops and informative materials on climate change adaptation. The project provides retailers with ...
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News briefsVista sets course for action sports division, led by Fox Racing’s president
According to Shop Eat Surf, Jeff McGuane, president of Fox Racing, has been promoted at Vista Outdoor to lead a restructured Action Sports division, which includes Fox Racing, Bell, Giro, Blackburn, Krash, Copilot and Raskullz. Vista Outdoor acquired Fox Racing in August 2022. According to the same media source, McGuane’s ...
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News briefsOregon wants to ban kangaroo leather
Oregon lawmakers are taking aim at kangaroo leather in athletic footwear, particularly high-end soccer shoes, according to SGI USA. A new proposed bill would ban the purchase, receipt, sale or commercial exchange of products containing parts of a dead kangaroo. In a related release, Nike was taken to task: “[We ...
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News briefsPro pádel league to open 2023 in Qatar
Premier Padel is opening its 2023 season with the Ooredoo Qatar Major, from Feb. 26 to March 5 at the Khalifa International Tennis & Squash complex in Doha. There will be live coverage in Latin America and the Caribbean (on ESPN), in Europe (Sky Sports, Viaplay and Canal+), in the ...
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News briefsThe Athlete’s Foot expands marketing team
Specialty footwear and lifestyle chain The Athlete’s Foot (TAF) has announced the expansion of its marketing team and the promotion of two key executives: Darius Billings has been promoted to VP of marketing, community engagement and StAART and Cassidy Dansberry has been promoted to marketing manager, effective immediately. Billings worked ...
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News briefs1% for the Planet reports $66m in donations, 1,800 new members in 2022
In a short update, the non-profit organization 1% for the Planet has delivered some numbers on the initiative’s development and achievements in 2022. Overall, the U.S.-based organization certified $66 million in giving to environmental partners and welcomed more than 1,800 new business members into its global network. Business members of ...
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News briefsAdidas and Bollywood star team up to challenge Indian stereotypes
Source: Adidas Originals Ranveer Singh Adidas Originals has unveiled a new campaign for the Indian market featuring existing brand ambassador and Bollywood star Ranveer Singh. With this move, Adidas aims to bring back the streetwear mentality to elite fashion and “democratize access to culture and empower the ...
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News briefsGerman Football Association’s charitable status revoked for 2014/15
The Frankfurt am Main tax office has retroactively revoked the non-profit status of the German Football Association (DFB) for 2014 and 2015. The DFB, which has just appointed a new director in the person of former football professional and 1990 World Champion Rudi Völler, is thus threatened with an additional ...
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News briefsFrance has a new Ambassador for Sport
Samuel Ducroquet is the new French Ambassador for Sport, a diplomatic position within the French Ministry of Foreign Affairs. He takes over from Laurence Fischer, who had been in place since 2019. The role of ambassador for sport was created by Laurent Fabius, at the time Minister of Foreign Affairs, ...
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News briefsRakuscha named head of international brand experience at Blizzard-Tecnica
Source: Blizzard-Tecnica Markus Zeman-Wurzer Blizzard-Tecnica, part of the Italian Tecnica Group, has announced that Markus Zeman-Wurzer, most recently working 18 years in various positions at Salomon, has succeeded Tom Rakuscha as sales and marketing manager at Blizzard-Tecnica in Austria. Rakuscha has since taken on an international and ...
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News briefsData leak at Puma’s Chilean e-com site
Puma representatives told Cybernews that they are investigating a data leak at its Chilean e-commerce site to establish what data has been taken and how the incident occurred. According to the website, private data that belongs to more than 230,000 Puma customers in the South American country has been found ...
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News briefsLongtime industry consultant starts own firm
Source: Matt Powell Matt Powell U.S.-based sporting goods and retail industry consultant Matt Powell, who has been serving as a senior industry advisor at The NPD Group, is launching his own consulting and advisory service firm focused on merchandising, marketing and retail called Spurwink River. In October ...
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News briefsGymshark downsizes U.S. headquarters
Gymshark, which has appointed four new senior executives in recent weeks, is shuttering a “substantial portion” of its U.S. headquarters in Denver, Colorado. According to a state regulatory filing that was first reported by the Denver Business Journal, the British fitness community and activewear brand intends to cease most operations ...
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News briefsHanesbrands plans layoffs
Hanesbrands, scheduled to report Q4 results next week, intends to terminate an unspecified number of staff members at its corporate headquarters in Winston-Salem, NC. In a statement to a local newspaper, the apparel firm confirmed a challenging operating environment is prompting the need for the job and other expense cuts.
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News briefsLululemon shares take hit on analyst downgrade
Lululemon shares fell $4.87, or 1.54 percent after a Wall Street analyst downgraded the stock to “underperform” on Jan. 24 and slashed its target price to $290, below the company’s closing price at $311.21. Bernstein analyst Aneesha Sherman suggested the company’s shares have a “reset coming” due to numerous factors ...
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News briefsMore new staff at Elevate Outdoor Collective
Source: EOC Susanne von Hoermann After the rebranding of the group and several executive changes in 2022, Elevate Outdoor Collective (EOC) – the owner of K2, Völkl, Marker, Dalbello, Ride Snowboards, Line Skis, Backcountry Access, Atlas Snow Shoe, Tubbs Snowshoes and other brands – is heading into ...
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News briefsGfK sees more optimistic consumer sentiment in Germany, but at low level
The rollercoaster ride of news and emotions of recent years continues to shape Germans’ propensity to buy. However, in its consumer climate survey for January 2023, GfK observes German consumers starting 2023 with a little more optimism. Both economic and income expectations are continuing to recover and are rising noticeably. ...
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News briefsDespite the turbulence, Russia's Kant says business was good in 2022
Last year, Russian sporting goods retailer Kant saw an improvement in its operational performance, according to Maxim Vinogradov, owner of Kant. “We see an overall decline in sales on the [Russian sporting goods] market, but thanks to the withdrawal of some competitors, those who stayed see their sales and revenue ...
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News briefsSuper Retail Group gets sued
Fair Work Ombudsman Australia (FWO) last week filed legal proceedings against the retail group over a previously disclosed issue related to overtime pay for its store set-up and renovation teams. The retailer self-reported the matter to the FWO in 2018, subsequently apologizing to the impacted employees and establishing a remediation ...
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News briefsSportmaster launches winter gear rental service
Sportmaster, Russia’s largest sporting goods retailer, has launched a new winter equipment rental service. Available items include snowboards, cross-country skis, skates and field hockey equipment. For example, a Termit Fastlane snowboard with Stream bindings can be rented for 310 rubles (€4.20) per day or 5,850 rubles (€78.70) per month. Nordway ...
