News Briefs – Page 199
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News briefsThe Kapsul neck protector becomes an ingredient brand
Kapsul Tech has started to market its neck protection device, rebranded as Kapsul, as an ingredient brand. The Canadian company is promoting awareness for the neck as a vulnerable and poorly protected part of the body in a variety of sports, especially among younger athletes, who still have underdeveloped neck ...
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News briefs
Footway launches ninth e-tail shop, focusing on racquet sports
The Footway Group has launched its ninth specialty e-commerce site, Racketnow.com, which will be selling tennis, badminton, squash, table tennis, padel and other racquet sports products online in 24 countries, operating under the supervision of Gustav Land, general manager of the project. “The ambition,” says Land, “is for Racketnow.com to ...
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News briefs
CCM Hockey’s parent acquires two brands of figure, roller and inline skates
Sport Maska, owner of the CCM Hockey brand, has acquired Tournament Sports Marketing. Headquartered in Cambridge, Ontario, Tournament owns the Jackson Ultima brand of figure skates and the Atom brand of roller and inline skates. Marrouane Nabih, Sport Maska’s CEO, calls it “a strategic acquisition that allows us to expand ...
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News briefs
Zara to offer subscriptions for on-demand workouts through partnership
Zara has struck a deal with TRX Training, which will be offering Zara’s customers subscriptions to its digital fitness platform, called TRX Training Club, for on-demand and live guided workouts. In tandem, Zara will be selling the company’s signature TRX product, the Suspension Trainer (which resembles a pair of Olympic ...
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News briefs
Addmaster develops anti-microbial drink-switcher
In collaboration with Mix Innovations, Addmaster has developed a way for thirsty runners, hikers and cyclists to choose water or a sports drink as they like, without any residue tainting the water. The M:X Dual Hydration System is a “small device,” with a drink switch, that “attaches to the shoulder ...
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News briefs
Energy drinks will grow faster than sports drinks
GlobalData – a market research agency founded in 2016, combining several smaller such firms, and headquartered in London – has released a report titled Energy and Sports Nutrition Market – Overview, Consumer Behavior and Market Trends. According to this report, the pandemic depressed the near totality of the market for ...
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News briefs
Adriano Testa, former president of FEDAS, has passed away
Adriano Testa, a former president of the European sporting goods federation (FEDAS), has passed away, aged 86. Inheriting the reputed Testa Sport sports store in St. Moritz from his father, he ran it from 1964 to 1996. As a member of ASMAS, the Swiss sporting goods retailers’ association, he acted ...
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News briefsHigg appoints a chief strategy officer to lead the platform’s expansion
Higg, the environmental software platform responsible for the Higg Index, has appointed James Schaffer as chief strategy officer to lead business development and partnerships. Schaffer’s experience in developing industry initiatives in the apparel sector, where Higg’s platform is widely used, is expected to be instrumental in guiding the company’s expansion ...
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News briefsCMP opens its first HUB superstore, taking the place of Nardelli Sport
CMP, the Italian sports brand that belongs to the Fratelli Campagnolo group, is using the space previously occupied at Mezzolombardo near Trento by Nardelli Sport, a well-known store focused on alpine skiing, for its first superstore based on its new HUB CMP Sport concept. About 70 percent of the 1,700-square-meter ...
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News briefsFormer Nike footwear product manager joins Arc’teryx in a similar role
Arc’teryx has appointed Ovidio Garcia as vice president of footwear, effective immediately. He will be reporting directly to Katie Becker, Arc’teryx’ chief creative officer. Garcia brings 15 years of experience at Nike in product management, merchandising and product operations for footwear on a global scale, most recently as global footwear ...
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News briefsBiden will boycott Beijing Olympics, citing human rights violations
The U.S. government has just announced a diplomatic boycott of the upcoming Beijing edition of the Winter Olympic Games. This means that President Joe Biden and his administration will stay away from Beijing and China during the Games, although U.S. athletes will be allowed to compete. “The Biden administration will ...
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News briefsCallaway expands its board to welcome a financial expert
Callaway Golf Company has expanded the company’s board of directors from 12 to 13 members with the appointment of Bavan M. Holloway. The company’s bylaws require that its board of directors consist of a minimum of six and a maximum of 15 members, the vast majority of whom must be ...
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News briefs
Nebbia, a Slovak brand of gymwear, opens its first store in Russia
A Slovak sports brand specializing in body-building apparel for men and women, Nebbia, has launched its first mono-brand store in Russia, located in a shopping center of St. Petersburg. The company said it plans to work with professional athletes “to test and develop sportswear fit for the most demanding conditions.” ...
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News briefs
Lids comes to Europe
Lids is opening its first European stores at four locations in the London metropolitan area this month. The leading U.S. retailer for sports caps mentioned the success it has enjoyed with the opening earlier this year of an NBA store that it has been operating in London, in cooperation with ...
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News briefs
Shake-up in Alibaba’s top management
Maggie We, the long-time finance director of the Alibaba Group, is resigning as part of a reorganization of the group that will also see Jiang Fan, 36, take responsibility for its international operations. Alibaba has not been doing well since its founder, Jack Ma, complained last year about the suspension ...
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News briefs
SMS: More than 10.6m golfers now in Europe
The number of golfers playing on Europe’s full-length courses – 7.9 million in 2016 – now exceeds 10.6 million, according to the latest edition of the European Golf Participation Report, drawn from the research of Sports Marketing Surveys and published by The Royal and Ancient Golf Club of St. Andrews ...
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News briefs
Malmö to get Scandinavia’s largest designer outlet village
The Malmö Designer Village in Sweden is purportedly set to become Scandinavia’s largest designer outlet village. The location will put the village within 90 minutes’ travel for some 3.8 million residents in southern Sweden and greater Copenhagen, and within an hour’s travel for 26 million tourists per year. The first ...
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News briefs
Sequential settles with the SEC
The U.S. Securities & Exchange Commission (SEC) has reached a settlement with the bankrupt Sequential Brands Group, ending a pending civil suit against the American licensing company. Based on its reported assets and liabilities in the bankruptcy case, Sequential will have to pay no penalties. The SEC had accused Sequential ...
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News briefs
Nike gets funding for apparel recycling research
The Remade Institute, a 132-member public-private partnership established by the U.S. Department of Energy (DOE) with an initial investment of $140 million, announced a funding round worth $33.2 million in new technology research, selecting 23 new projects. One of the beneficiaries will be Nike, which will explore the use of ...
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News briefs
Patagonia and Nike are charged in a Dutch court with fostering forced labor in China
We hear that the European Center for Constitutional Rights (ECCHR), with the support of human rights legal office of Prakken d’Oliveira, has filed criminal complaints against several Dutch and U.S. textile and fashion brands that have their European headquarters in the Netherlands. They argue that Patagonia, Nike, C&A and State ...
