News Briefs – Page 2
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News briefsGolden Goose introduces summer retail concept
Italian luxury sneaker brand Golden Goose is unveiling Bar Golden, a new retail experience inspired by the Italian culture and design of the 1960s. The new concept is launching in the seaside resorts of Forte dei Marmi, Italy, and Bodrum, Turkey. The stores showcase a selection of vintage objects such ...
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News briefsCrocs releases Comfort Report and extend net zero to 2040
Crocs has released its third annual Comfort Report, highlighting the company’s progress in corporate responsibility, including initiatives in social responsibility and sustainability. In the report, the company claims to have reached a “milestone” in material innovation by exceeding a monthly average of 20 percent bio-circular content in its proprietary Croslite ...
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News briefsConsumers can buy Spalding’s original Globetrotters game ball
Source: Spalding Limited-edition Spalding x Harlem Globetrotters Official Game Ball Spalding announced that the official game ball of the Harlem Globetrotters will be available for purchase for the first time. The limited edition, uniquely designed basketball will be featured at all Harlem Globetrotters games, giving fans the ...
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News briefsAmazon reportedly plans to launch Chinese goods discount store
According to the Financial Times, Amazon aims to include a new discount section on its app’s homepage with products from Chinese warehouses that can be delivered to shoppers in nine to 11 days. The news comes as Amazon faces intensifying competition from Chinese e-commerce platforms like Temu and Shein. The ...
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News briefsMunich posts 9% sales growth
Spanish sneaker brand Munich recorded sales exceeding €81 million in 2023, representing a 9 percent growth compared to the previous year and an 82 percent increase when compared to 2019, La Vanguardia reported. Growth last year was driven by internationalization and the expansion of its own retail network. Munich opened ...
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News briefsWilson opens football factory in Ohio and extends NFL partnership
According to a press release from Wilson, the National Football League (NFL) and Wilson Sporting Goods have renewed and extended their contract, naming Wilson again as the league’s official football. This partnership has lasted since 1941. As part of the multi-year extension, Wilson debuted its new factory in Ada, Ohio, ...
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News briefsAdidas and AFA to continue partnership until 2038
The Argentinian Football Association (AFA) and Adidas have extended their long-term kit supplier contract until 2038. The brand has been Argentina’s supplier since 2001. The long-term extension means that Adidas will continue to outfit the Argentinian men’s, women’s and youth teams throughout the next four FIFA Men’s World Cups in ...
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News briefsShops 1st Try relocates
After ten years, Shops 1st Try, Europe’s largest B2B snowboarding demo, is moving 35 kilometers from Alpbachtal to a new location in Hochfügen in Austria’s Ziller Valley. The date remains the same: January 19-21, 2025. The new location is divided into two areas: the On-Snow Demo and Exhibition Area in ...
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News briefsTSG moves Swiss sales in-house, new country manager
Swiss action sports company TSG International AG has announced that it will handle the entire sales process in Switzerland directly from Sept. 1, 2024, and will therefore end its cooperation with its previous Swiss distribution partner Bucher + Walt SA on August 31, 2024. Bucher + Walt will take over ...
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News briefsFoot Locker relaunch the FLX Rewards Program
Foot Locker unveiled an enhanced FLX Rewards program and announced upcoming upgrades to its mobile app, marking key milestones in the company’s Lace Up strategy, its strategy to drive sustainable and profitable growth. Based on extensive consumer insights, the revamped FLX Rewards program introduces FLX Cash, which allows customers to ...
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News briefsQuiksilver upcycles wetsuits to sunglasses
Quiksilver will drop 150 pairs of sunglasses made from upcycled wetsuits, a limited-edition series created with French eyewear producer Oceneo. The eyewear line is the latest result of the board sports brand’s Take Back program, launched in 2022 to support research into developing a collection and recycling system for used ...
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News briefsCoupang appoints AI specialist to Board of Directors
Source: Coupang Asha Sharma Coupang, Inc., the technology company that acquired the assets of global online luxury company Farfetch Holdings earlier this year, has appointed Asha Sharma, Corporate Vice President and Head of Product, AI Platform at Microsoft, to the company’s Board of Directors. Prior to joining ...
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News briefsTeijin Frontier and Save the Duck jointly establish Save the Duck Japan
The Italian Trade Agency (ITA) has reported that the Japanese company Teijin Frontier Co., Ltd. founded the joint venture Save the Duck Japan Ltd. based in Tokyo together with the Milan-based clothing company Save the Duck, a brand of animal-free outerwear. Kenichi Haruta of Teijin Frontier was appointed president. The ...
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News briefsHas Shein already filed for an IPO?
We have been waiting for Shein to file for an IPO somewhere. According to Reuters, however, the filing appears already to have happened, in early June. It was done confidentially and in London. It seems, Reuters writes, that Shein has “updated China’s securities regulator officially about its change of listing ...
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News briefs3D display at Nike’s Paris store
We learn from Retail Technology Innovation Hub that Nike has set up 3D holograms at its Paris store, the House of Innovation, to promote its new Air Max Dn sneaker. To handle the set-up, Nike hired Hypervsn, a specialist in 3D displays and “phygital” marketing with headquarters in the UK, ...
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News briefsGarmin promotes two executives to newly created COO role
Garmin announced today that Patrick Desbois and Brad Trenkle have both been appointed to the newly created role of co-Chief Operating Officer, effective July 1, 2024. Source: Garmin Patrick Desbois Desbois will provide executive oversight for Garmin’s aviation and auto OEM segments, global supply chain and operations, ...
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News briefsErik Janshen appointed Vice President DTC at Puma
Source: Puma Erik Janshen Puma has appointed Erik Janshen to lead its global direct-to-consumer (DTC) business, which includes Puma’s owned and operated stores, the puma.com website and various online marketplaces. Janshen, a German national, has more than 10 years of experience in digital sales and DTC ...
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News briefsPGA Tour appoints Weitz as Chief Marketing & Communications Officer
Source: PGA Andy Weitz The PGA Tour has announced the appointment of Andy Weitz as Chief Marketing and Communications Officer and Executive Vice President, Investor Relations for the Tour’s global operations. In addition to overseeing marketing and communications, Weitz will take on a newly created investor relations ...
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News briefsNike and Hyperice partner on gear designed to ease warm-up and recovery
Nike has teamed up with Hyperice, a California-based wellness brand specializing in therapy technology, to create boots and a vest designed “to take warm-up and recovery to the next level.” The Nike x Hyperice Boot is a high-top shoe that offers heat and dynamic air-compression massage on demand for the ...
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News briefsWFSGI and sporting goods companies react to WHO’s inactivity data
According to the WHO, 31 percent of adults are “inactive” and “not meeting the recommended levels of physical activity (just 150 minutes of moderate exercise per week).” This figure, it predicts, will at the current rate of change rise to 35 percent by 2030. It stood at ...
