News Briefs – Page 131
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News briefsXtep partners with Covestro to manufacture low-carbon running shoes
Source: Xtep Xtep’s first Mass Balance low-carbon eco-friendly running shoes 360-Eco Xtep International Holdings established a strategic cooperation arrangement with Covestro, a German chemical group, and Silan Group, an integrated footwear platform, to produce low-carbon running shoes. The partnership announcement was made jointly with the presentation of ...
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News briefsSIMA plans consumer exhibition at Huntington Beach
The Surf Industry Members Association (SIMA) has announced plans to organize a consumer exhibition, called SURFscape, on surfing and adjacent adventures in the U.S. The two-day show includes equipment tests and workshops, offering a “total brand and product experience.” The first Surfscape will be held on April 29-30, 2023, in ...
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News briefsAuthentic Brands Group reveal new corporate logo
The U.S.-based Authentic Brands Group – owner of over 40 brands, such as Reebok (acquired earlier this year), Nautica, Spyder, Eddie Bauer and Volcom – has introduced a new corporate logo and redesigned its company narrative. A wrap-up of the group’s public appearance and company strategies can be found online ...
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News briefsRip Curl appoints new wholesale manager for Europe
Rip Curl has promoted Pablo Gutiérrez to wholesale manager for Europe. Gutierrez has been with Rip Curl for nearly 30 years, first as a professional surfer and then in such posts as sales rep, country manager for Spain and country manager for Iberia. Iñigo Iraola, another former professional surfer for ...
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News briefsArena launches racing suit made with recycled fabrics, approved by FINA
Arena has announced the launch of the Powerskin ST NEXT, a competitive swimsuit made from recycled fabrics. The suit’s exclusive design, inspired by the ocean, is meant to celebrate and promote sustainability. The ST NEXT is said to be lighter, faster and greener than its predecessor, the Powerskin ST 2.0. ...
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News briefsAdidas appoints new head of retail
Adidas has announced via LinkedIn that the appointment of Andrea Dorigo as senior vice president of global retail will go into effect on Jan. 1, 2023. Dorigo is currently Estée Lauder’s global retail and commercial director for North America. Prior to joining Estée Lauder in 2018, he was the CEO ...
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News briefsFarfetch reports wider operating loss despite higher revenues
Farfetch Limited, the Internet platform for luxury goods, suffered a $218.5 million loss in the third quarter versus a $105.7 million loss in the year-ago period ended Sept. 30. The attributable net loss was $274.2 million against a profit of $767.2 million. Revenues increased 1.9 percent (14.1% in constant currency) ...
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News briefsNew Balance and Stone Island launch joint limited-edition football collection
New Balance has partnered with lifestyle and sportswear brand Stone Island for a capsule football collection featuring a typical Stone Island Camouflage pattern print and the partner’s logos. Accompanying the New Balance Furon v7 x Stone Island football boot is a selection of jerseys and shorts made ...
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News briefsiFit lays off another 300 of its workforce
iFit Health & Fitness, the U.S.-based connected fitness company, has reduced its Utah-based workforce by about 300 employees, or 20 percent of the remaining 1,600 employees who had survived earlier rounds of layoffs, the Salt Lake Tribune reported. At the height of demand following the pandemic, the company had employed ...
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News briefsMunich eyes another record in annual sales
For the first half of 2022 Munich enjoyed a year-on-year rise of 30.6 percent in revenues, from €24.64 to €32.18 million, according to CMDsport. The Spanish sportswear brand appears to be on track to break its record for annual sales, set last year at €52 million. Fashion is catching up ...
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News briefsBoardriders lays off 170 employees globally
As reported by the Orange County Business Journal (OCBJ) and Shop-Eat-Surf, Boardriders has laid off many employees in various regions. Both media report a loss of about 170 jobs (110 positions in the Americas and 60 in the Asia-Pacific regions). In a statement quoted by SES, the company reorganizes its ...
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News briefsHDE elects Intersport Germany CEO to be the new president
On Nov. 16, the delegates of the German Retail Association (HDE) elected Alexander von Preen as the new president by a large majority. The assembly of retail entrepreneurs thus followed a corresponding proposal made by the HDE board in June of this year. Previously, the previous association president Josef Sanktjohanser ...
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News briefsPeloton expands collaboration with Amazon in the U.K. and Germany
Peloton Interactive announced that it is expanding its collaboration with Amazon in the U.K. and Germany. Certain Peloton products and accessories are now available on the U.K. Amazon Store and will be available on German Amazon stores in the coming weeks. The shaken connected fitness company is expanding its sales ...
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News briefsSaltex’ visitor numbers return to pre-pandemic levels
Nearly 15 percent more visitors than the 2021 show attended the 2022 edition of Saltex, Europe’s turf management show, which was held at Birmingham NEC on Nov. 2-3. More than 8,300 attendees reached the show from across the U.K. and over 50 countries, signaling a return to pre-pandemic levels. Saltex, ...
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News briefsGarmin launches first indoor smart bike
dc c has announced the Tacx Neo Bike Plus, its first and “simple-to-use” indoor smart bike that is “ready to ride with realistic road feel, simulated gradients and enhanced virtual shifting.” The Tacx Neo Bike Plus is fully adjustable and suitable for multiple athletes in a household. Five different crank ...
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News briefsParis 2024 reveals its mascots
The president of the Games’ organizing committee, Tony Estanguet, has unveiled the identity of the Paris 2024 official mascots for both the Olympic and Paralympic Games, “The Phryges,” named after the iconic French cap, the “Phrygian” (pronounced fri-jee-uhn). Their anthropomorphic design is an evolution of this piece of France’s cultural ...
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News briefsSunGod launches new crowdfunding campaign
SunGod has launched a new crowdfunding campaign through Crowdcube. The campaign, dubbed “The 2022 Vision Raise,” went live on Nov. 15. The British performance eyewear brand has a fundraising target of £1 million (€1.1 million), specifically aimed at the next stage of its growth. Thanks to the new funds, the ...
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News briefsFrance’s government focuses on sports employment
France’s ministers of labor, sports, and education and vocational training – Olivier Dussopt, Amélie Oudéa-Castéra and Carole Grandjean – have signed a roadmap document to accelerate professional integration through sport. Sport currently represents 448,000 jobs in France, namely 2.2 percent of the country’s overall salaried workforce. It is also a ...
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News briefsRossignol launches new multi-brand mountain sports store concept
Rossignol Group has announced the opening of its “Start Gate” stores in Bex (Switzerland) and Bromont (Canada). The stores offer customers products from the group’s brands in a single location, alongside specialist technical and customization services. The group’s portfolio includes the brands Rossignol, Dynastar, Lange, Look, Kerma and Risport. The ...
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News briefsHurley is focusing on expansion
U.S. action sports brand Hurley is currently reporting sales growth of more than 50 percent through September 2022. The year kicked off for the brand, which was acquired by Bluestar Alliance from Nike in 2019, with the Hurley Pro Sunset Beach, the first competition it has sponsored in nearly three ...
