News Briefs – Page 202
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News briefs
Wildberries’ export branch posts a tenfold jump in sporting goods sales
Russia’s largest online retailer, Wildberries, has reported that its turnover in sporting goods outside its domestic market jumped tenfold between January and October 2021, as compared to the same period of the previous year. Wildberries said in a statement that sporting goods represented the fastest-growing segment in its export division, ...
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News briefs
McEnroe brothers to play Antarctica’s first tennis match
John and Patrick McEnroe, the legendary American brothers who have both retired from professional tennis, will be playing the first official tennis match to take place in Antarctica. The events company LegendsAbroad.com and the sports and entertainment agency Octagon are organizing a trip there for the occasion for an “intimate ...
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News briefs
Zara partners with Joma for men’s athletic line
Zara has launched a line of fitness apparel and running shoes for men under its private label for sports products, Athleticz, limited for sale on its website and at some of its stores in Paris, Milan, Dubai, Manchester, Leidschendam-Voorburg (the Netherlands), Barcelona, Madrid and La Coruña (Spain). The Spanish brand ...
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News briefs
Karakoram to make snowboard bindings at a new U.S. factory
While continuing to get them made in the U.S., Karakoram, the American supplier of splitboard bindings founded by Bryce and Tyler Kloster in 2008, will move into a new factory in North Bend, Washington state, close to the mountain region around Snoqualmie Pass. The company has just come out with ...
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News briefsFoot Locker announces “organizational enhancements”
Creating a new position, Foot Locker has promoted Franklin R. Bracken to chief operating officer, and is seeking candidates another new post of ”chief strategy, innovation and development officer.” According to the company’s chairman and CEO, Richard A. Johnson, the new posts will produce “a more streamlined and agile organizational ...
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News briefs
StockX acquires Scout
StockX is making its first acquisition, and the target company is Scout, which has developed a the cloud-based inventory-management software topShelf. Once the deal goes through and the integration is completed, StockX will be inviting certain subscribers to use Scout’s automation, inventory management, distribution and pricing tools free of charge. ...
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News briefsArena signs up a young Alaskan Olympic champion
Arena announced a sponsorship contract with Lydia Jacoby, the phenomenal 17-year-old Olympic breaststroke champion. It is described as the first such deal signed since the U.S. National Collegiate Athletic Association (NCAA) imposed its new NIL (name, image and likeness) rules last July 1st. Jacoby surprised everybody when she won the ...
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News briefs
Another Nike Unite store opens in Spain
The second Nike Unite store in Spain has opened near Madrid, taking the place of a former regular Nike store in the Las Rozas The Style Outlets center. The first one opened earlier in Terrassa near Barcelona. Launched one year ago, the community-oriented retail concept has already been implemented in ...
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News briefs
Nike raises its quarterly dividend
Despite the current supply chain challenges, Nike’s board of directors has decided to grant a quarterly cash dividend of 30.5 cents per share to its shareholder on Dec. 28, for an increase of 11 percent versus the previous quarterly dividend. Noting that this is the company’s 20th consecutive year of ...
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News briefsOrthoLite launches new sustainable insole technologies
Source: OrthoLite OrthoLite HybridPlus Bio insole Addressing the rising demand for more sustainable insole solutions from its customers, U.S. brand OrthoLite is putting its plans announced earlier this year into action, introducing two new sole technologies that elevate the total eco content of the insoles to 57 ...
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News briefs
Moncler, Gildan and Adidas star in the DJSI
The 2021 edition of the S&P Global Dow Jones Sustainability Index lists Moncler in its Gold Class, Gildan in its Silver Class and Adidas in the Bronze Class. Three other sports companies – Asics, Puma and the Super Retail Group – were listed along with The Gap and companies in ...
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News briefs
Musical chairs between K2 and CCM Hockey
Manuel Streif has left Under Armour after eight years to join K2 Sport Europe as European key account manager and sales manager for K2 skates and Madshus. Prior to working with UA, where he gradually moved up to the position of sales manager for Germany, he served brief stints at ...
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News briefs
Sentryc helps Oeko-Tex to track thousands of piracy cases over the internet
In a move intended to protect its trademark from infringements on the eve of Black Friday and the Christmas shopping season, Oeko-Tex has revealed a partnership with a Berlin-based software firm, Sentryc, whose AI-based cloud solution scans more than 120 international online marketplaces and all the social media for product ...
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News briefs
Spanish sports show in Cádiz targets a broader audience
A new Spanish Sports and Health Show (Feria del Deporte y la Vida Sana) is scheduled for Nov. 19-21 on the C-IFECA fairgrounds in Cádiz, hosting some 40 exhibitors. The organizers highlight a broadening of the industry’s focus since 1990 from elite athletes and professional clubs to the public at ...
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News briefs
New U.S. office for Amundsen Sports
Amundsen Sports, the Norwegian technical apparel supplier named after the famous Arctic explorer, has opened a “Clubhouse” on Pearl Street in Boulder, Colorado. The space will serve as the company’s North American head office, with a showroom and an event space to present its products. The brand has been selling ...
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News briefs
Peloton sues iFIT and Echelon Fitness again
Peloton Interactive is suing iFIT and Echelon Fitness in a federal Delaware court, accusing them of infringing on its four patents for on-demand exercise classes and other features, including two patents inherited through its acquisition of Precor. Peloton sued Echelon in 2019 for patent infringement and for copying its business ...
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News briefs
Peloton offers over $1.1 bn in new shares
With its cash flow turned negative by $522 million at the end of its September quarter, Peloton Interactive has decided to launch a secondary offering for 23.9 million Class A shares priced at $46 each to raise $1,099 million. It is also proposing an over-allotment of $150 million depending on ...
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News briefs
Anta starred in China’s Singles’ Day
Alibaba has logged another record-breaking Singles’ Day, but the year-on-year growth of its sales in gross merchandise volume (GMV) for the event is on the decline. According to the trade publication Sportstextiles, this year’s 11.11 Global Shopping Festival, spread over 11 days, brought in for the Chinese e-commerce giant about ...
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News briefs
Goldwin improves quarterly results
Goldwin has reported a 53 percent increase in net income to 1,397 million yen (€10.8m-$12.7m) for its second quarter ended Sept. 30 as its revenues for the period went up by 9 percent to 21.13 billion (€163.7m-$192.0m). In addition to its own brand, the Japanese group owns the distribution of ...
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News briefs
While rising strongly in the Americas and Europe, Globeride is flat in Japan
For its second quarter ended Sept. 30, Globeride, the Japanese parent of the Daiwa brand of golf and fishing products, reported a 28 percent increase in net income to 2,621 million yen (€20.1m-$23.8m) on 12 percent higher revenues of ¥31.69 billion (€240m-$288m). Sales were affected by Covid restrictions in Japan, ...
