News Briefs – Page 162
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News briefsNike to exit Russia for good
According to multiple published reports, Nike, three months after suspending operations in Russia, has decided to exit the country altogether. Slated to report its fourth quarter and full fiscal year results on Monday, Nike’s planned withdrawal follows that of other U.S. firms, such as Coca-Cola, McDonald’s and Google, who have ...
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News briefsAn update on padel in Italy
The number of padel facilities and courts in Italy continues to grow. According to data from Osservatorio Mr Padel Paddle, 479 new facilities and 1,219 courts have been set up since Jan. 1, bringing the total to 2,323 facilities and 5,908 courts nationwide. The increase has been 26 percent for ...
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News briefsAlibaba reports skateboard trend in China
Chinese technology company Alibaba reports a surge in sales of skateboards. In China, skateboarding is considered an outsider sport or culture, not least because of its U.S. influences. Source: Elon Shi via Alizila Skateboarder Elon Shi in Shanghai However, as Alizila, Alibaba’s news platform, writes, skateboarding’s reputation ...
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News briefsLogistics company Bleckmann builds new circular distribution center in the Netherlands
Together with the construction specialist VDR Bouwgroep, the Dutch logistics company Bleckmann is building the largest circular logistics center in the Netherlands, following a strict architectural and construction plan that relies on the most environmentally friendly materials and construction methods available to date. According to a company release, this next ...
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News briefsCanadian First Nations get closer to host 2030 Winter Olympics and Paralympics in BC
The Canadian Squamish, Lil’wat, Musqueam and Tsleil-Wautuuh Indigenous tribes (who have premiered the Four Host Nations licensing program at the Winter Olympics in Vancouver in 2010) have again partnered for a big project: to develop a concept to host the 2030 Winter Olympics and Paralympics in British Columbia, where the ...
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News briefsSport 2000 Austria Order Show is the “industry meeting point”
82 Sport 2000 retailers visited the Sport 2000 Multisport Order Show in Ohlsdorf, Upper Austria, from June 14 to 15 and got an overview of the product range for the spring and summer season 2023 from around 55 brands. On 2,000 square meters of floor space, the focus was on ...
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News briefsGymshark with new VP of marketing
Sportswear brand and fitness community Gymshark has appointed Carly O’Brien as vice president of marketing, whose role will be to make the brand “a household name,” according to media reports. In addition to driving growth and brand awareness for the online activewear giant in the U.K. and internationally, O’Brien will ...
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News briefsRussell Athletic returns to Spain
Russell Athletic is returning to Spain, after a few years’ absence, with a sell-in for the Iberian Peninsula for spring/summer 2023, according to CMDsport. The brand’s distributor, Proged, is working up a marketing campaign for this year’s collection, which, under the Eagle R line, veers toward streetwear for 16- to ...
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News briefs
Tréndico holds first in-person convention in two years
This month, Tréndico Group held its first in-person convention since January 2020, CMDsport reports. In attendance were 44 brands and some 80 percent of the owners of the 475 stores under its Atleet and Foot on Mars banners. The convention was on par with the previous show, a virtual one ...
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News briefsCEO of Intersport Germany expected to become new head of German Retail Association (HDE)
Source: HDE Alexander von Preen After Josef Sanktjohanser, president of the German Retail Association (HDE), announced that he would not be available for re-election after 16 years, the executive board of the federation has unanimously recommended Dr. Alexander von Preen, CEO of Intersport Germany eG, to the ...
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News briefsMondelēz to buy Clif Bar for $2.9 billion
Mondelēz International will buy Clif Bar & Company for $2.9 billion with the potential for additional payments. The goal is to complete the purchase in the third quarter. “Mondelēz International is the right partner at the right time to support Clif in our next chapter of growth,” Sally Grimes, chief ...
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News briefs
Liberated Brands acquires surfing brand Captain Fin
Surf lifestyle and hardgoods brand Captain Fin Co. has been acquired by Liberated Brands, the global master licensee for Volcom and Spyder. Based in San Diego, Captain Fin has been designing and building surfboard fins, clothing and surfing accessories since 2007. Liberated Brands, which has its global headquarters in Costa ...
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News briefs
Wyve raises €1.1 million from BACS-Innov
Wyve, the French maker of 3D-printed surfboards, has raised €1.1 million from BACS-Innov. Wyve was founded by Sylvain Fleury and Léo Bouffier in 2018, and is based in Anglet. BACS-Innov is an investment firm headquartered in Lyon that supports young and innovative start-ups in various sectors insofar as the investors ...
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News briefs
Mbappé partners with WME to create his own content production company
Football star Kylian Mbappé signed an agreement with WME Sports and established his own content creation arm, Zebra Valley. WME Sports is the sporting department of Hollywood talent agency WME. Aged only 23, Mbappé won the 2018 FIFA World Cup in Russia with the France national team and four Ligue ...
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News briefsUnifi announces share repurchase program, leadership and board updates
Unifi, the U.S.-based manufacturer of recycled and synthetic yarns, including Repreve, announced that it repurchased 500,000 shares of its common stock from certain entities affiliated with Impala Asset Management LLC for $6.8 million. The repurchase was made under Unifi’s previously announced share repurchase program. Accordingly, Unifi repurchased a total of ...
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News briefsHead by PowerBilt product line goes to market
American golf brand PowerBilt Holdings has announced that its collaboration product line with Head Sports is now available online and in leading golf stores. The new Head by PowerBilt product line consists of men’s and women’s complete packages, long and forgiving drivers, easy-hitting fairway and hybrid metalwoods, performance irons, classic ...
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News briefs
Macron announces new and extended partnerships in Europe
Macron will be the new technical kit partner of the Oxford United Football Club from the start of the 2022/23 season. The deal will see the Bologna-based sportswear firm produce the official kit and training wear for the club’s men’s, women’s and Academy teams until the summer of 2026. Furthermore, ...
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News briefsMunich posts 29% increase in annual sales, with exports growing double-digit
Munich, the Spanish company and brand specializing in sports and fashion shoes, reached record revenues of €52.6 million in 2021, marking a 28.71 percent increase compared to the previous year. Exports jumped by 28 percent to €6 million, primarily driven by Europe. Sales in Spain, its primary market, increased by ...
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News briefs
Turtle Fur changes hands
IcebVenture 7 Advisors announced that private equity firm Camano Capital has acquired a majority stake in Turtle Fur, a Vermont-based manufacturer and distributor of headwear and accessories for the snowsports and lifestyle markets. Richard Sontag, owner of Turtle Fur, will retain a partial stake in the company. Venture 7 Advisors ...
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News briefs
Pádel Nuestro to sponsor WPT's first Finnish event
The Spanish specialty retailer Pádel Nuestro is the official sponsor of this year’s inaugural edition of the Tampere Exhibition, scheduled for June 30 to July 3 in Finland. This will be the farthest north the World Pádel Tour (WPT) has yet penetrated. The Scandinavian country is said to contain some ...
