News Briefs – Page 239
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News briefs
Eliasch is the new president of the International Ski Federation, and he may quit as Head CEO
Johan Eliasch, the Swedish billionaire and long-time major shareholder and CEO of Head, has been elected as the new president of the International Ski Federation (FIS). He succeeds Gian-Franco Kasper, who has stepped down after 23 years in charge of the governing body. Eliasch, who secured more than half of ...
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News briefs
Vans introduces the Eco Theory collection
Vans has introduced a new take on some of its best-known silhouettes, made from responsibly sourced materials. The new capsule collection, dubbed the “Eco Theory” line, features new takes on the Authentic, Slip-On and Style 36 models. For the Eco Theory, Vans has used materials like natural rubber, organic cotton, ...
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News briefs
Kathmandu signs new green credit facilities
Kathmandu Holdings, which owns the Kathmandu, Rip Curl and Oboz brands, has already been recognized as a certified B Corp. The company has now refinanced its credit facilities with two others where the borrowing costs are linked to the achievement of certain targets for reduced carbon emissions, transparency and labor ...
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News briefs
361° retires the rest of its debt
361 Degrees has fully redeemed the remaining principal of around $130 million still outstanding from the the Chinese sports brand’s senior noted due on June 3, which were yielding an annual interest of 7.25 percent. The company had repurchased other tranches in the past two years. After this move, Standard ...
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News briefs
New global sales and e-commerce managers at Smartwool
Smartwool has announced two changes to its top management team. Corey Stecker, who was promoted to international general manager of sales and marketing last January, has been named global head of sales. Stecker has been with Smartwool since 2016. In his new role, he will be responsible for global wholesale ...
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News briefs
TNF under fire from U.S. oil industry after rejected clothing order
SGB Media reports that a U.S. oilfield company, Liberty Oilfield Services, is using billboards around Denver, a website and videos on YouTube and Twitter to pillory The North Face (TNF) for hypocrisy. Last December, TNF turned down an order from Innovex, a Texas-based oil and gas company, to buy ...
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News briefs
New British Cycling Show in June 2022
Raccoon Events, the U.K.-based company behind events such as the National Running Show, the National Snow Show or the National Outdoor Expo, announced today that it is adding another consumer event to its portfolio: The National Cycling Show, scheduled for June 18-19, 2022, at the NEC in ...
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News briefs
A 2.8% CAGR forecast for tennis shoes by 2028
The market for tennis shoes was worth $2.19 billion in 2020, and is forecast to reach $2.60 billion by 2028, representing a compound annual growth rate (CAGR) of 2.8 percent from 2021 to 2028, according to a new report by Allied Market Research (AMR). By playing surface, the hard-court tennis ...
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News briefs
U.S. congressmen urge basketball players to end Chinese endorsements
The co-chairmen of the Congressional-Executive Commission on China, Senator Jeff Merkley of Oregon and a member of the House of Representatives, James P. McGovern of Massachusetts, have addressed a letter to Chris Paul and Michele Roberts, the president and executive director of the National Basketball Players Association (NBPA). In it ...
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News briefs
Women’s Golf Day 2021 exceeds previous records
Women’s Golf Day (WGD) 2021 saw the total number of participating venues reach 941, exceeding previous records. The sixth edition of WGD took place in more than 80 countries around the world on June 1st. New Zealand, Japan and Argentina joined the WGD Community for the first time this year. ...
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News briefs
Puma replaces Mitre as match ball supplier of the English Football League
The English Football League (EFL) has announced Puma as its new official match ball supplier. The agreement with Puma, which will begin at the start of the 2021/22 season, replaces the EFL’s historic partnership with Mitre after 45 years. The new contract will see Puma supply the official match ball ...
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News briefs
Nodale becomes president of Lacoste’s parent
Alexandre Nodale, 43, has been promoted to the new position of deputy CEO of Maus Frères, reporting to Thierry Guibert who became CEO of the Swiss family-owned group in January. Nodale has also been made president of MF Brands Group International, the group’s subsidiary that oversees Lacoste, Aigle, Gant, Tecnifibre ...
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News briefs
MacNeill Pride Group appoints new CEO and board
The MacNeill Pride Group (MPG) has announced the appointment of Keith Bornholtz as its new CEO. MPG is a portfolio company of Centre Partners, a middle-market private equity firm. Bornholtz, who has more than 30 years of experience in branded consumer products, joins MPG from Central Garden & Pet, where ...
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News briefs
Deporvillage to get a new HQ
Deporvillage plans to move its headquarters to new buildings in the Catalonian municipality of Sant Fruitós de Bages sometime late this year. There the staff, which recently came to exceed 100, will occupy 2,500 square meters of space. The Spanish e-tailer last expanded its office space in 2017, and has ...
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News briefs
Dolomite backs the Clean Mont Blanc project
Dolomite, the 124-year-old Italian outdoor apparel and footwear brand owned by the Scott Sports Group, is supporting the Clean Mont Blanc project, led by the Summit Foundation and Aqualti. This cross-border initiative will see a multi-disciplinary team collect water samples for microplastic testing around the Mont Blanc Massif and organize ...
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News briefs
Asics analyzes the effects of physical exercise on the collective mood
For a month starting on Global Running Day, June 2, Asics will be conducting a worldwide study to track the effects of sport on the “collective mood of cities, nations and the world.” The Japanese brand is using an interface called the “Mind Uplifter” – available through the Race Roster ...
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News briefs
Sports retailers’ closures up by 84% year-on-year in Spain
Like in other countries, the pandemic has accelerated a reduction in the number of sporting goods stores in Spain, adding to factors such as the growing weight of e-commerce, the more selective distribution policies of the major sports brands and the general modernization of the trade. Some 372 sporting goods ...
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News briefs
Under Armour celebrates Pride Month
For several years, Under Armour has been pursuing a policy of standing for equality through its “Unified” program, which helps to create a safe, friendly and empowering workplace for people who identify as LGBTQ. Unified is now one of nine “Teammate Resource Groups,” or TRGs, described as networks of more ...
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News briefs
Derbystar creates new functions
While extending its contract with the German Football League (DSL) to provide the official matchball for the first and second Bundesliga as well as at the Supercup, Derbystar has created new functions to better meet customer needs. It has set up a new e-commerce department headed by Fabian Wenten, in ...
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News briefs
Hoka appoints marketing executives
Hoka One One has appointed Norma Delaney as vice president of global brand marketing. Hoka has been a client for Delaney’s through her approximately four-year-old firm, Delaney Brand Consulting. She has in fact made a career of brand marketing, starting at Keds and Sperry, when it was a division of ...