News Briefs – Page 132
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News briefsNew Balance unveils its first collaboration with Mowalola
Source: New Balance New Balance x Mowalola 9060 New Balance and Mowalola have introduced their first collaboration with the launch of the New Balance x Mowalola 9060 sneaker. The shoe will make its debut on the runway for Mowalola’s spring/summer 2023 collection at Paris Fashion Week. The ...
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News briefsIOC confirms Singapore to host first Olympic Esports Week in 2023
The International Olympic Committee (IOC) has confirmed that the first Olympic Esports Week will be held in Singapore from June 22-25, 2023. The announcement is the next major step in supporting the development of virtual sports within the Olympic Movement and deepening collaboration with competitive gamers. In partnership with the ...
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News briefsSport 2000 promotes Bert Verdijck to country manager Benelux
Bert Verdijck, manager of the Belgian operations of Sport 2000, will take over a newly created role as country manager Benelux for the buying group based in Mainhausen, Germany, by expanding his area or responsibility to include the Netherlands and Luxemburg. In this role, he reports directly to the Sport ...
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News briefsKMD Brands reports strong Q1 performance
KMD Brands, the former Kathmandu Holdings Ltd., achieved positive year-over-year sales growth for all brands in Q1 of its FY23 that ended on Nov. 6. Additionally, the group realized a NZ$30 million (€17.7m) year-over-year improvement in its operating profit for the period and said its gross margin is “holding up ...
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News briefsYonex reported strong first half but braces for tough times ahead
Yonex, the Japanese sporting goods company, reported solid first-half results but warned that it anticipates tougher business conditions ahead due to raw material price hikes, the depreciation of the yen, inflation, and general economic condition. The group, however, said it will maintain investments in marketing and human resources “to sustain ...
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News briefsNew Klarna in-app search and compare tool as an alternative to Google and Amazon
Klarna launched a new “rich and unbiased search and compare tool” in the Klarna App in the U.S. last month and is now expanding it to the U.K., Sweden and Denmark. The tool compares prices from thousands of retailers. In addition, consumers can filter their search by criteria that matter ...
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News briefsAdidas Originals and Rimowa join forces for exclusive capsule
Source: Adidas Rimowa x Adidas NMD_Backpack German brands Adidas Originals and Rimowa have teamed up for their first-ever capsule collection. The cross-category collection is made exclusively in Germany and includes Rimowa’s first backpack – the NMD_Backpack – made from the luggage brand’s signature grooved aluminum and the ...
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News briefsEA Sports offers FIFA World Cup update for Qatar tournament
With the FIFA World Cup 2022™ game mode, Electronic Arts Inc. is now offering an update at no additional cost to FIFA 23 fans. They can play as one of the 32 qualifying nations in an authentic recreation of the entire FIFA World Cup 2022™ from the opening match to ...
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News briefsSympathy Lab and ISPO invite young professionals to participate in workshops
The Sympathy Lab plans five workshops on the three days of the coming ISPO Munich trade show to develop approaches and solutions for the industry together with Gen Z professionals. The aim of the textile technology company’s sessions is to learn from young professionals in the sporting goods industry to ...
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News briefsAdidas teams up with Stormzy to promote diversity in the football industry
British rapper Stormzy is partnering with Adidas and ten other brands, including Sky Sports, Manchester United, and Fulham FC, on a program to help young black people in the U.K. secure jobs and leadership positions in football. The initiative is named Merky FC, after Stormzy’s philanthropic foundation. The launch follows ...
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News briefsFusalp to open first Spanish store
High-end skiwear brand Fusalp is set to open a store in Madrid, the brand’s first in Spain, Palco 23 has reported. The store will be located at 88 calle Claudio Coello, in the Salamanca district, one of the wealthiest areas in Spain’s capital city and a major shopping district. Fusalp ...
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News briefsYeti and Tottenham Hotspur announce licensing deal
Yeti has agreed on a three-year licensing agreement with Tottenham Hotspur, the London-based football club also referred to as Tottenham or Spurs, that competes in England’s Premier League. As part of the agreement, Yeti will produce Spurs-branded insulated drinkware and accessories, available via eu.yeti.com and the Spurs’ retail outlets. In ...
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News briefsEcco opens design studio in Shanghai
The newly opened Ecco Design Studio in Shanghai is said to be characterized by collaboration and creativity with bright, open and interconnected spaces and is Ecco’s second studio after opening a studio in Brooklyn, New York, in 2021. Both studios not only focus on shoe and bag design but also ...
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News briefsGoldwin revises FY outlook
Goldwin, the Japanese sports apparel company that also distributes a portfolio of own and licensed brands in certain regions, is now forecasting full-year sales to rise 7.9 percent to ¥106,000 million (€763.2m) for the 12 months ending March 31, 2023. Annual operating profit is expected to increase 3.0 percent to ...
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News briefsMizuno’s new innovation center begins operations in November
Mizuno said its new research and development facility, dubbed Mizuno Engine, is opening this month. The company announced plans to build the innovation center three years ago. The new 6,500-square-meter facility, located on the premises of the company’s headquarters in Osaka City, Japan, is meant to amplify Mizuno’s prototyping, testing ...
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News briefsXponential Fitness lifts its FY22 revenue guidance
Xponential Fitness, the global franchisor of boutique fitness brands, has elevated its full-year revenue and adjusted Ebitda guidance and re-affirmed its outlook for studio opening and systemwide sales in North America. The California company, whose brand portfolio includes Row House, Pure Barre, and Club Pilates, among others, is forecasting 500 ...
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News briefsAdidas to rename its Yeezy designs and continue sales
Adidas broke with Kanye West and his Yeezy brand on Oct. 25 and is now expecting to take a hit of about $500 million in revenue and $250 million in net sales for the current year. In its slide presentation for Q3, however, the company points out that its Yeezy ...
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News briefsArena appoints global marketing and trade marketing director
Arena, the Italian swimming specialist, has hired Kamila Pilwein as global marketing & trade marketing director. Reporting to deputy CEO Giuseppe Musciacchio, her task is to lead the development of innovative marketing strategies for B2C and B2B channels to ensure a best-in-class multichannel experience for consumers in the core business ...
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News briefsFoot Locker kicks off holiday season with global campaign
Source: Foot Locker Foot Locker House Party campaign with Yung Gravy Retailer Foot Locker has launched its 2022 global holiday campaign called Foot Locker Holiday House Party, featuring several musicians and online personalities, including BIA, Yung Gravy, Lunay, Ye Ali, Ralph Romeo, Orange Calderon, Tamara Dhia and ...
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News briefsIOC launches Climate Action Awards
The International Olympic Committee (IOC) wants to recognize National Olympic Committees (NOCs), International Federations (IFs) and Olympians and Paralympians for effective projects to combat climate change and has launched the Climate Action Awards to do just that. Supported by TOPs (Worldwide Olympic and Paralympic Partners), Airbnb, P&G and Deloitte, the ...
