News Briefs – Page 186
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News briefs
Björn Borg reports successful Q4, ends year with strong momentum
From Oct. 1 to Dec. 31, 2021, the Swedish, Solna-based Björn Borg Group’s net sales amounted to 180.6 million Swedish kronor (€16.9m), an increase of 12.6 percent. Net sales of company-owned e-commerce and e-tailer businesses amounted to SEK 63 million (€5.9m) in the fourth quarter, an increase of 9.6 percent. ...
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News briefs
SNKRS may have a new boss
According to a leaked internal memo picked up by several media outlets, Lucy Rouse is to head Nike’s SNKRS business, the app through which the company’s most limited-edition and coveted newest products are sold, as VP/GM NBHD (Nike’s high-level boutique partners), SNKRS Launch and S23NYC, starting in April. Rouse would ...
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News briefs
Elevate Outdoor Collective hires global creative director
Elevate Outdoor Collective, formerly K2-MDV Holdings, has hired Peter Stolz as global vice president design/creative director. Stolz joins the Seattle-based group after spending the past three years at Converse as global senior creative director for men’s and women’s apparel and accessories and, before that, more than three years as deputy ...
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News briefs
ABG to co-own and manage David Beckham’s brands
Authentic Brands Group (ABG) has entered into a partnership with David Beckham to co-own and manage his brands and businesses, which include endorsements with Adidas, Tudor, Maserati, EA Sports, Sands and Diageo. In keeping with the deal’s terms, Beckham has become a shareholder in ABG, while ABG has become the ...
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News briefs
Frasers acquires troubled online retailer Studio Retail
Frasers Group, the parent company of Sports Direct, announced today it has acquired Studio Retail Limited and certain other assets of Studio Retail Group plc. The British online retailer Studio Retail Group had filed for administration earlier this month for itself and its wholly-owned subsidiary Studio Retail Limited after failing ...
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News briefs
WSL expands partnership with Rip Curl
The World Surf League (WSL) and Rip Curl announced an extended partnership, with the Australian surf brand coming on board as the presenting partner of the MEO Pro Portugal, the third stop on the 2022 Championship Tour (CT), along with the Boost Mobile Gold Coast Pro and the Sydney Surf ...
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News briefs
Therabody plans to expand brick-and-mortar presence
Therabody, the digitally native specialist in wellness technology, has announced plans to open six new standalone retail locations across the U.S. in 2022. Three opened in January, including White Plains in New York state, Caesars in Las Vegas, and Santa Monica, California. Three more are expected to open soon in ...
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News briefs
Superfeet with new management hires
Source: Superfeet Cambria Schmidt Washington-based insole manufacturer Superfeet has announced a series of promotions and a new hire. In addition to hiring a new chief financial officer, Cambria Schmidt, five employees were promoted to VP level: Matt Gooch is now VP Product & Innovation, Frits Kuper VP ...
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News briefs
Under Armour announces $500 million share repurchase program
Under Armour’s board of directors has authorized the repurchase of up to $500 million of the company’s Class C common stock, effective immediately. Repurchases under this program may be made over the next two years through various methods, including open market transactions, privately negotiated or accelerated share repurchases. The timing, ...
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News briefs
Skechers launches pickleball footwear and sponsors US Open
Skechers is getting involved in one of the fastest-growing sports in North America as the official footwear sponsor of the US Open Pickleball Championships, organized by Spirit Promotions since 2016. With no corresponding footwear in the Skechers collections until now, the brand will introduce a range of specific Skechers pickleball ...
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News briefs
Brooks elevates two executives
Dan Sheridan, who has worked for Brooks Running for 24 years and is well respected in the running shoe industry, has been promoted to president and chief operating officer. In a separate executive promotion at Brooks Running, Matt Dodge, who has led the brand to record growth in the EMEA ...
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News briefs
FESI demands harmonized standards in EU due diligence
Regarding the Corporate Sustainability Due Diligence initiative proposal presented by the European Commission on Feb. 23, 2022, the Federation of the European Sporting Goods Industry (FESI) took the opportunity to call again for a fully harmonized approach of the due diligence topic at the EU level that is harmonized with ...
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News briefs
Germans invest in home fitness
A representative study by the German Industry Association for Fitness and Health (DFIG) has found that home fitness continues to be a growth market in Germany. The Covid-19 pandemic has boosted the market, and this trend continues. The survey shows that: 50 percent of households in Germany purchased fitness ...
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News briefs
ABG partners with New Guards for Reebok in Europe
Authentic Brands Group (ABG) has appointed Milan-based luxury fashion manufacturing and distribution holding company New Guards Group as its operating partner for the Reebok brand in Europe. Under the agreement, New Guards, which is owned by U.K.-based international e-commerce company Farfetch Limited, will operate retail stores and e-commerce for the ...
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News briefs
Action Sports Career Fair in Hossegor is back this week
After two years of absence due to the pandemic and following the two very successful first editions, EUROSIMA, the MACS District Council and the City of Hossegor, together with the Saint-Vincent-de-Tyrosse Employment Agency, are organizing the third edition of the Action Sports Career Fair on Friday, March 25, 2022, from ...
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News briefs
Go Sport has a new GM
Hermione People & Brands (HPB) has announced the appointment of Benoît Verdier as the new general manager of Go Sport, with immediate effect. He will report to Wilhelm Hubner and Samuel Alimi, respectively the president and vice-president of HPB. Verdier has more than 15 years of experience in the retail ...
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News briefs
Sport Job Day is back in France
After three years of absence, the Sport Job Day will be back in Paris on April 20. The sport-focused career fair, hosted at the iconic Parc de Princes stadium, is co-organized by Union Sport & Cycle, the Paris Municipality and the French employment center (Pôle Emploi). The first two editions ...
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News briefs
DP World Tour and EDGA further expand reach of golf for the disabled
The DP World Tour has announced an expanded G4D (Golf for the Disabled) schedule and a “transformational” support package for the European Disabled Golf Association (EDGA). As part of the agreement, the 2022 G4D Tour’s international schedule will feature a minimum of seven tournaments, up from five in 2021. In ...
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News briefs
New sales manager for Arena Germany and Austria
Source: Arena Oliver Pfaff Italian swimwear specialist Arena has hired Oliver Pfaff as sales manager for Germany and Austria. Pfaff comes to Arena with a broad range of experience: For the last three years, he was head of key account management for the eyewear brand Marcolin; before ...
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News briefs
U.S. Women’s Soccer reaches agreement on equal pay and working conditions
The players on the US Women’s National Team (USWNT) who filed a gender discrimination lawsuit against the US Soccer Federation have reached a settlement, ending a dispute over equal pay and working conditions that has been ongoing since 2016. In 2016, five USWNT players had initially filed a wage discrimination ...