News Briefs – Page 128
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News briefsKappa introduces its first U.S. Ski & Snowboard collection
Kappa’s first U.S. Ski & Snowboard collection has hit the brand’s stores and related online outlets. The range – the activewear version of the race outfits worn by the athletes on the U.S. team – comprises a ski jacket and pants, a fleece sweater, an ultra-light ...
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News briefsProtest Sportswear signs distribution partner for Canada and the U.S.
Dutch brand Protest Sportswear has signed a distribution agreement with Whiteland, a Canadian sportswear distributor headquartered in Montréal with warehouses in Montréal, New York State and California. The partnership will expand Protest’s reach in both the U.S. and Canada. As the Protest brand has been very successful both in the ...
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News briefsDates for Prowinter 2023
Prowinter, the B2B event for snow, rental and mountain innovation, is back in Bolzano with a new date. Prowinter 2023 will be a two-day event held Jan. 11 - 12, 2023. Explaining the new timings, Prowinter states: “Markets change quickly. This is just as true for the worlds of winter ...
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News briefsNike stores in Russia reopen under new name
The first Nike store was re-opened in Russia under the banner “NSP” (Nike Sport Point) in the Belaya Dacha Outlet Village in Moscow. The store manager, Diana Tesnitskaya, told the news agency Ruptly that the store opened on the premises of the former one. “The goods are all the ...
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News briefsPressio launches in the U.S.
Pressio, a U.K.-based sustainable performance sports apparel label, has announced its launch into the U.S. marketplace. The brand exhibited its 2023 product collection for the first time in the U.S. at The Running Event in Austin, Texas, on Nov. 29-Dec. 1. Pressio was founded in 2021 by Jamie Hunt, a ...
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News briefsBoxing equipment market to post 4.07% CAGR by 2027
The boxing equipment market is projected to increase by US$260.17 million from 2022 to 2027, at a compound annual growth rate of 4.07 percent, according to a recent market study by Technavio. The increase year-over-year in 2023 is expected to be 3.6 percent. The growth of the boxing equipment market ...
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News briefsNautilus completes refinancing of existing term loan, increases total credit facility
Nautilus, Inc. announced the amendment of its existing credit facility by refinancing the previous term loan with a new $30 million term loan, increasing the company’s total credit facility to $130 million. The credit facility previously consisted of a $100 million asset-based revolver and a $15 million term loan from ...
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News briefsH&M to cut 1,500 jobs
Global fashion retailer H&M is reducing its workforce by about 1,500 positions as part of a cost savings and efficiency program. Overall, the Swedish company estimates the program will provide annual savings of about SEK 2 billion (€182.2m), which it expects to “become visible” in the second half of 2023. ...
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News briefsDeporvillage raises its sales projections
Black Friday, it seems, has augured better than the second quarter for Deporvillage, which has raised its projections for current-year annual sales to €157 million, according to CMDsport. This would be just shy of the record haul of 2021: €160 million. The week-long pre-Christmas promotion brought in more than 86,000 ...
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News briefsSwedish sportswear brand Aim’n to open flagship store in Stockholm
In early 2023, Swedish sportswear brand Aim’n will open a new, approximately 180-sqm flagship store at Kungsgatan 4 in Stockholm. Aim’n opened a pop-up store in the fall and is now investing in a permanent store in a retail building on Kungsgatan, a centrally located main street in the Norrmalm ...
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News briefsBase Detall Sport leans into fashion
Base Detall Sport has introduced a new store concept at the 300-sqm flagship it opened at Madrid’s Plenilunio mall on Nov. 22, according to Diffusion Sport. As things now stand, the group has ten stores in and around the Spanish capital and 276 Base and Wanna Sneakers stores on the ...
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News briefsSprinter opens another store in Spain
On Nov. 24, as planned, Sprinter opened its 203rd Spanish store, a 900-sqm affair at the Plaza Norte 2 mall in San Sebastián de los Reyes, on the outskirts of Madrid. As Diffusion Sport reports, this will not be the last new store of 2022. The company expects to open ...
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News briefsCIP’s ISPO presentation optimistic on pádel
Pádel, it appears, continues to thrive. At the freshly concluded ISPO Munich 2022 the Clúster Internacional del Pádel (CIP) reported that pádel-racquet sales increased by nearly 72 percent year-on-year in the second quarter, according to Diffusion Sport. This was, however, down from the more than 85 percent rise of the ...
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News briefsUYN takes over distribution in Switzerland on April 1
As of April 1, 2023, sales of the Italian technical sportswear brand UYN in Switzerland and Liechtenstein will be organized directly through a UYN country subsidiary, Tre Distribution AG, as in the neighboring countries. Until March 31, 2023, Fuchs-Movesa AG will still accept pre-orders for the winter collection 23/24 and ...
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News briefsWinners of the Polartec Apex Award 2022
Polartec has presented the winners of the Polartec Apex Award 2022 at ISPO Munich 2022. The annual design award honors brands and designers who translate Polartec fabrics into new iconic products. The 12 garments were selected for their “innovative form and function” in the sport, lifestyle and performance categories. The ...
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News briefsNew e-sports live ticker for sports publishers
Shadow Esports, a leading provider of professional e-sports analytics tools based in Berlin, Germany, has developed what it says is an easy-to-integrate e-sports live ticker designed to help digital sports media provide e-sports fans with high-quality content. The free basic version of “Esports-Liveticker” includes a scoreboard through ...
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News briefsSuperdry discusses refinancing its debt
Superdry is in talks with Bantry Bay Capital, a specialist lending provider, to obtain financing that would replace an existing £70 million (€80.1m) asset-backed lending facility which expires at the end of January. “There can be no certainty that an agreement will be reached, nor as to the terms of ...
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News briefsLem expands offerings with ski helmets and goggles
The U.S. brand Lem, traditionally known as a specialist in bicycle helmets, has presented a range of ski helmets and goggles at the ISPO in Munich. The helmet range features gel motion technology for an optimized distribution of impact forces and includes three all-mountain helmets, a racing helmet, a goggle ...
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News briefsDecathlon partners with Milano Premier Padel P1
Decathlon Italy has announced a partnership with Milano Premier Padel P1 through its brand Kuikma. The tournament is scheduled to take place on Dec. 5-11 at the Allianz Cloud in Milan. Premier Padel is the official worldwide pádel circuit under the International Pádel Federation (FIP), supported by Professional Players Association ...
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News briefsKoi Golf launches its first apparel collection
Koi Golf, a new U.K.-based company, is introducing its first golf apparel collection. The initial launch includes a men’s line that comprises polos, T-shirts and a range of golf accessories, including caps, hats, socks and towels. A women’s range and wider men’s range are to follow in 2023, GolfBusinessNews has ...
