News Briefs – Page 163
-
News briefsJD Sports opens mega store in Hamburg’s HafenCity district
The British retail chain JD Sports will open an 800-square-meter store in Hamburg’s HafenCity, operated by Unibail-Rodamco-Westfield, a global developer and operator of flagship destinations with a portfolio worth €54.5 billion. The new mega store’s extensive brand and assortment mix will combine brands such as Nike, Adidas, Puma and The ...
-
News briefsHoka with new global marketing campaign
Hoka, a division of Deckers Brands, is launching a new global brand platform, Fly Human Fly. With the brand’s most comprehensive globally integrated marketing campaign to date, Hoka invites runners of all abilities to experience running as a place of joy, optimism and unlimited possibilities. Fly Human Fly is designed ...
-
News briefsXXL braces for difficult second quarter
Norwegian-based XXL ASA, Scandinavia´s largest sport & outdoor retailer with nearly 100 stores and international web stores, cites weakening consumer sentiment and lower current demand for sporting goods in pre-announcing expected results for its second quarter. Ebitda is forecast to decline by nearly 48 percent to a range of NOK ...
-
News briefsPolygiene hires new CFO
Source: Polygiene Group Niklas Blomstedt, new Polygiene CFO Niklas Blomstedt has been appointed Polygiene Group’s new chief financial officer, replacing Nina Forsvall. He brings a solid background in finance, having worked at Ericsson and Haldex, among others. Most recently, he served as VP and head of finance ...
-
News briefsAltamont Capital Partners exits investment in Excel Fitness
After a six-year partnership with Excel Fitness, a Planet Fitness franchise group, California-based Altamont Capital Partners has exited its investment with the sale of the company Olympus Partners from Connecticut. As part of the transaction, which closed last month, Excel’s management team and founders worked with Altamont to establish a ...
-
News briefs
Adidas sues Nike over technology infringements
After Nike last sued Adidas in December 2021 over its Flyknit knitted upper technology, claiming that a total of 49 Adidas shoe models infringed its technology, the German sporting goods company is now accusing the American company in federal court in Texas of “knowingly and intentionally” infringing nine patents related ...
-
News briefsLids will open 20 stores in Germany
Source: Lids Lids store in the U.K. Lids, the U.S. sportswear retailer headquartered in Indianapolis, is expanding into Germany with the opening of 20 stores. The first three locations will open in Berlin in the coming weeks. Alexa Berlin is set to open on June 17, followed ...
-
News briefsA new Nike concept store in Hong Kong with GMG
GMG has launched a new Nike concept store in Hong Kong. The 200-square-meter store is located at the Hang Tau district’s East Point City shopping mall. GMG is a global company retailing, distributing and manufacturing a portfolio of international and home-grown brands across sports, food and health sectors. The company ...
-
News briefsNew eco-friendly eyewear brand from Switzerland
Veteran action sports designer Tony McWilliam is the driving force behind Attika, a new eco-friendly sports eyewear manufacturer that uses only biopolymers and recycled materials instead of virgin plastic and offers a repair service and used product (end-of-life) collection. Based in Verbier, Switzerland, Attika says its management team includes seasoned ...
-
News briefsPuma and Sympatex start product partnership
Improving the recyclability of products is one of the goals Puma has set out in its sustainability report, as is a reduction in its carbon footprint. As part of the evolution of the company’s strategy, the German brand has now partnered with materials provider Sympatex to develop and use more ...
-
News briefsFitnessConnected show in Munich moves to ICM
The FitnessConnected show (planned for Nov. 28-30, 2022) is moving from Hall C1 of the Messe Munich exhibition center to the International Congress Center (ICM). This brings the show into the immediate vicinity of the Therapie München exhibition, which will remain in Hall B0 as initially planned. In addition to ...
-
News briefsVarlion and Pádel Nuestro sponsoring Human French Padel Open
Varlion and Pádel Nuestro are sponsoring this year’s Human French Padel Open, respectively providing the official racquet and serving as the official store. The tournament is part of the World Pádel Tour and scheduled for June 12-19 in Toulouse. Varlion’s official racquet is the Maxima Human Padel Open, a limited ...
-
News briefsDecathlon to help provide certified training in sales and repair
In September, to meet what it calls the demands of “urban mobility,” Decathlon will be inaugurating 17 apprentice training centers (CFA) for bicycle repair and sales throughout France. Established in partnership with the AFPA – which began certifying workers in 1949 to help rebuild France after the Second World War ...
-
News briefs
Deporvillage relocates to new headquarters
Deporvillage, the Spanish multichannel sports e-tailer, has moved to a new 2,600-square-meter headquarters in Sant Fruitós de Bages, near Barcelona. The two-floor facility is just a few minutes from the previous headquarters in Manresa. The move is meant to help the company meet the operational requirements of its growing business. ...
-
News briefsDeckers appoints Angela Ogbechie to the new role of chief supply chain officer
Deckers Brands, the owner of Hoka, Teva and other brands, has announced the promotion of Angela Ogbechie to the newly created chief supply chain officer role, effective June 24. Ogbechie has held various operational roles at Deckers since 2008 and served most recently as senior vice-president of global operations and ...
-
News briefs
Amazon seized more than 3 million counterfeit products in 2021
In 2021, Amazon identified, seized and disposed of more than 3 million counterfeit products, according to the second Amazon Brand Protection Report. This figure compares to around 2 million counterfeit products seized in 2020. In addition, Amazon stopped more than 2.5 million attempts to create new selling accounts by bad ...
-
News briefsNew Balance sues Steve Madden for alleged copyright infringement
New Balance Athletics has filed a design patent, trademark infringement, and unfair competition case, claiming that Steve Madden deliberately copied its 327 sneaker model with the launch of the “Chasen” shoe model. The complaint was filed in a Massachusetts District Court on June 7. New Balance introduced the 327 design ...
-
News briefs
France to extend the beneficiaries of the Pass’Sport
France will extend the so-called Pass’Sport, currently available to around 800,000 youngsters, to more than 5 million potential beneficiaries. The announcement was made by French President Emmanuel Macron during a speech in Clichy-sous-Bois, near Paris, on June 8. Launched in May 2021, the Pass’Sport is a €50 subsidy that aims ...
-
News briefsLille Stadium to become Decathlon Arena in €6 million naming deal
The Pierre Mauroy Stadium in Lille, in France’s northeast, is set to become the ”Decathlon Arena” following the signing by the French sporting goods manufacturer and retailer of a renewable five-year deal worth €6 million with the European Metropolis of Lille (MEL), which manages the facility. France Bleu first revealed ...
-
News briefsPou Sheng reports sales decline in May
Pou Sheng International, the distribution and retail subsidiary of Yue Yuen, reported a 19.1 percent constant currency, year-over-year sales decline in May to 1.53 billion yuan renminbi (€213.8m) from RMB 1.89 billion. For the five months ended May 31, Pou Sheng’s consolidated operating revenues were down 26.3 percent to RMB ...
