News Briefs – Page 141
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News briefsJordan Brand appoints Tonia Jones to head of women’s business
Nike’s Jordan Brand has announced that Tonia Jones, a 33-year Nike veteran, will take over as head of its women’s division, effective immediately. Jones began her career at Nike in 1989 as an account executive and then moved into sales, first for Nike Skateboarding in 2013 and then for Jordan ...
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News briefsNFL launches grassroots merchandise collection for 2022 NFL London Games
The National Football League (NFL) announced the upcoming launch of “Origins: An NFL Collection” in celebration of the NFL coming to London for the 2022 NFL London Games with American football matches played on Oct. 2, 9 and 10. Origins: An NFL Collection has selected two London brands, 37 LDN ...
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News briefsAsics invests in a Honda start-up
Asics Ventures, the investment subsidiary of the sportswear brand, has acquired a stake in Ashirase, a start-up that got its start in the business-creation initiative of Honda Motors, called Ignition. Asics has not disclosed the size of its investment. Ashirase’s product, also called Ashirase, is a system designed to help ...
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News briefsUkraine joins Spain and Portugal’s bid for 2030 FIFA World Cup
Spain and Portugal have added Ukraine to their joint bid to co-host the 2030 FIFA World Cup. The news, unveiled by The Times, was confirmed by the presidents of the three countries’ football federations at a joint press conference at UEFA headquarters in Nyon, Switzerland, on Oct. 5. The Spanish ...
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News briefsBlue Tomato expands in Norway
Blue Tomato has opened a second Norwegian store, after the one in Oslo, in the city of Trondheim. A third is due to follow in Bergen, and there are plans for a store in Rovaniemi, Finland, as well. “Trondheim is located at the center of retail in central Norway and ...
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News briefsLe Coq Sportif posts double-digit sales growth in H1
Le Coq Sportif saw sales in the first half of 2022 jump to €65 million, representing a 23 percent increase compared to the first half ended June 2021. The strong performance was primarily driven by international sales, which rose by 80 percent. Textile sales, which registered a 13 percent growth, ...
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News briefsHervis gets Austrians moving
The Austrian sports specialty chain Hervis, which operates more than 240 doors across six European countries, has donated €47,250 to Austrian Sports Aid that was raised by its “Hervis Team Run.” The initiative saw nearly 4,800 Austrians across the country’s nine states take to the roads or trails to “get ...
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News briefsPSG expands its retail partnership with Lids to Europe
Paris Saint-Germain (PSG) has announced that it is expanding its partnership with Lids Sports Group. The French football club will entrust Lids to oversee operations for the club’s European locations. The expansion follows the openings of the Fanatics and Lids-operated PSG permanent store in Los Angeles in 2021 and the ...
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News briefsFIFA “bank” gets green light from French banking authority
The French Prudential Supervision and Resolution Authority (Autorité de contrôle prudentiel et de résolution - ACPR) has granted the FIFA Clearing House (FCH) a license to operate as a payment institution. The authorization from ACPR enables the FCH to collect and process payments on behalf of clubs in accordance with ...
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News briefsPuma selects Secret Sales as its first U.K. marketplace partner
According to a post by Secret Sales owner Matthew Purt on LinkedIn, Puma has partnered with the U.K. marketplace to distribute surplus inventory and custom products. That means Puma can focus on full-price inventory on its own websites and other channels while having full control over its brand, offering and ...
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News briefsHummel unveils “toned down” Denmark kits for Qatar World Cup
Source: LinkedIn Danish jerseys by Hummel for Qatar 2022 Hummel has unveiled Denmark’s official kits for the 2022 FIFA World Cup in Qatar. All the details for Denmark’s new jerseys were toned down, including Hummel’s logo and chevrons, as a “protest against Qatar and its human rights ...
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News briefsPeloton teams up with Hilton Hotels in the U.S.
Source: Hilton Hotels Hilton x Peloton Peloton Interactive announced a partnership with Hilton Hotels, making the group the first hospitality brand to feature Peloton’s bikes across its U.S. hotel portfolio of 18 brands. By the end of the year, nearly all 5,400 U.S. Hilton-branded hotels – including ...
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News briefsAnnual SAC meeting to be held in Singapore
With an interesting roster of keynote speakers and topics, the Sustainable Apparel Coalition (SAC), owner of the Higg Index platform, is inviting members and non-members to its 2022 annual meeting that will take place in Singapore on Nov. 1 and 2. Themed around ”Collective Action on Common Ground,” the event ...
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News briefs100% launches first collection of snow goggles
Source: 100% 100%’s new snow goggle collection California-based brand 100% has unveiled its first line of goggles for snow sports, the 2022/23 Snow Collection. “With our brand’s first Snow Goggle Collection, we are authoring a new chapter for 100%,” said VP of global marketing and sales, Gwen ...
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News briefsA plan to revive the Pythian Games
Have you ever heard of the Pythian Games? Don’t worry, neither have we, but the so-called International Pythian Council, consisting of royal majesties, ambassadors, entrepreneurs, cultural organizations and artisans from more than 90 countries, is now planning to revive the Delphic idea of the “Modern Pythic Games.” ...
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News briefsGfK data platform gfknewron gets retail analysis option
Shortly after GfK SE and Nielsen IQ have announced their merger in July 2022, the company expanded its gfknewron data platform with a new gfknewron retail sector. According to GfK, the new platform is designed to help retailers identify market developments and sales potential and compare their own performance with ...
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News briefsUnions seek to raise pay and benefits at El Corte Inglés
The collective-bargaining agreement drafted by Spain’s Federation of Department Store Unions (FASGA) for El Corte Inglés and other big retailers proposes a raise of 6 percent for employees earning about €18,500 a year for 2023, with a second 6 percent raise to follow in 2024. FASGA had proposed raises of ...
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News briefsReef opens first “full price” store in Europe
Reef, the U.S. brand of surf shoes, apparel and accessories, has opened its first “full price” store in Europe, and specifically in Marbella, Spain, according to CMDsport. Enabling the move is Albion 1879, which handles the brand’s distribution in Spain, Portugal and Andorra and operates some 1,000 points of sale ...
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News briefsAcquisition of Padel Panorama canceled
Every Padel i Sverige, a subsidiary of Everysport Group, has canceled an agreement signed in June to acquire 100 percent of the shares of another Swedish company, Padel Panorama, for SEK 0.6 million (€55,000). According to a statement from the parent company, the reason is “discrepancies in the warranty provided ...
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News briefsGlobal squash equipment market to post 2.14% CAGR to 2026
The global squash equipment market is projected to grow by $75.2 billion from 2021 to 2026, marking a compound annual growth rate (CAGR) of 2.14 percent during the 2022-26 forecast period, according to a recent report by research and advisory firm Technavio. Growth is being driven primarily by the introduction ...
