News Briefs – Page 252
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News briefs
Asos and DPD team up on clothes recycling initiative
Asos has teamed up with DPD, the big British parcel delivery firm, on a new textile recycling initiative called ReLove. Under the scheme, Asos customers will have an opportunity to donate unwanted clothing to five charities, including the British Heart Foundation, British Red Cross, Marie Curie, Scope or The Children’s ...
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News briefsKappa collaborates on Naples’ kit with an Argentine designer
County of Milan, a brand run by the Argentine designer Marcelo Burlon, has collaborated with Kappa to revamp the uniform of the SSC Napoli football club in a rather sumptuous way. Kappa, which is the official sponsor of the club, calls it “a celebratory collection” to “convey the culture, ...
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News briefs
Spain’s Cronos opens a first store in Portugal
According to CMDsport, Deportes Cronos will be opening its first Portuguese store under its own name on April 24. Located in the capital city of Lisbon, and measuring some 100 square meters, the store is to be the first of seven in the country. The Spanish buying group for independent ...
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News briefs
Sequential narrows losses, but deadline looms
While reporting lower losses, the Sequential Brands Group, whose brand portfolio includes And1 and Avia, warned that it will not be able to comply with some of its debt covenants for the next 12 months. It is still negotiating an extension of a new waiver on a credit agreement expiring ...
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News briefs
Bleyer files for insolvency
Bleyer, a German producer of sports shoes for special activities, has filed for temporary insolvency because of cash problems caused by the coronavirus pandemic. The company, which employs 21 people, and its web store will continue to operate like before, hoping that the current restrictions on sports and dance events ...
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News briefs
Canada Goose will buy back fur and upcycle it
Reacting to the attacks of animal welfare activists, Canada Goose has introduced a new Fur Buy Back program to help achieve the declared goal of ending the purchase of new furs by 2022, while introducing reclaimed fur into the supply chain. A global Reclaimed Fur Working Group has created an ...
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News briefs
NOBULL gets PE investment to diversify from training
NOBULL, which defines itself as “a brand for people who train hard and don’t believe in excuses,” has received an unspecified investment from Exeter Capital, a new private equity firm in Boston, to help it to grow and expand its product line. The company, which recently took over the sponsorship ...
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News briefs
Macron gets involved in digital fitness
Macron has announced a three-year apparel partnership with Fitbook, a virtual community for fitness trainers to promote and manage activities, information and events related to the world of fitness. While Macron specializes in the development and sale of team sports jerseys, it is based in the Italian city of Bologna ...
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News briefs
Dish sues Peloton, Lululemon and Icon Health & Fitness over streaming technology
Connected fitness remains a hot issue in terms of intellectual property rights. Dish Network Corp. and its Sling TV division are suing Peloton Interactive, Lululemon Athletica and Icon Health & Fitness for allegedly infringing five patents for technology that improves the quality of video content on the internet through multi-bitrate ...
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News briefs
Adidas uses mushroom fibers in a Stan Smith model
Adidas has launched the Stan Smith Mylo, its first shoe whose upper is made with the Mylo material, a soft, natural and renewable alternative to leather that uses mycelium, which comes from the roots of mushrooms. Developed by a biotechnology firm, Bolt Threads, Mylo is described by the company as ...
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News briefs
Puma reportedly agrees not to use the Tokyo 2020 mark
Puma has reportedly settled a dispute with the U.S. Olympic and Paralympic Committee (USOPC), which claims to own trademarks for the Tokyo 2020, Beijing 2022 and Paris 2024 labels, with the right to use them for licensing and sponsorship agreements. The committee and Team USA had filed a suit against ...
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News briefs
Kolon Sport partners with Aquafil for an apparel line with recycled nylon
Kolon Sport, the South Korean brand of sports and outdoor apparel, has partnered with Italian nylon maker Aquafil to develop a new ecological material which they call Kolon Nylon. The 100 percent recycled nylon material has been used for ten garments in Kolon’s spring/summer 2021 collection, including vests, jackets and ...
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News briefs
Saucony partners with a British charity, GoodGym
Saucony and GoodGym, a British charity, have announced a new partnership that will make the brand the exclusive apparel and running footwear partner of GoodGym for the next two years. Headquartered in London, GoodGym combines regular exercise with helping communities. Its group of runners walk, run or cycle to help ...
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News briefs
Under Armour outlines specific environmental pledges
Under Armour (UA) has announced three specific commitments to reduce the impacts of its operations on the environment. Firstly, the company has committed to reduce absolute scope 1, 2 and 3 greenhouse gas (GHG) emissions by 30 percent by 2030 from a 2018 base year - a science-based emissions target ...
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News briefsWolverine appoints Tesla director to its own board
Wolverine Worldwide appointed Kathleen Wilson-Thompson to its board of directors. A graduated lawyer and experienced top executive, she is currently also a member of Tesla’s board of directors and brings global retail experience in senior management positions and a total of 14 years as a director with Tesla and two ...
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News briefs
Big sales jumps for Yue Yuen
Yue Yuen Industrial Corp. reported a 30 percent jump in total revenues to $870.9 million for the month of March as compared to a year ago, when the novel coronavirus pandemic shut down its manufacturing and retail operations in China. Revenues from manufacturing and retailing were up by 12 percent ...
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News briefs
Kettler gets involved in an Atlantic rowing race
As part of its repositioning, Kettler is supporting the Prowject X project of two Swiss 30-year-old women, Sonja Graf and Marina Hunziker, the only female team competing in this year’s Talisker Whisky Atlantic Challenge, a 5,000-kilometer rowing race from La Gomera to Antigua. The German sports equipment brand, which rights ...
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News briefsAnta Sports had a good start to 2021
In an operational update on the first quarter ended March 31, which relates to the performance of Anta, Fila, Descente, Kolon Sport, Sprandi and Kingkow, but does not include the businesses of Amer Sports, Anta Sports Products Limited said retail sales of Anta branded products advanced by 40 to 45 ...
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News briefs
Puma launches “Only See Great” campaign to spark optimism
Puma has unveiled “Only See Great,” a new brand campaign that is meant to spread a vision of hope, optimism and self-belief during these challenging times, and ahead of major sporting events this summer like the Formula One World Championship series, the European Football Championships and the Olympic Games in ...
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News briefsNew capsule from Arena pays tribute to Mark Spitz
Arena has dedicated a retro-style capsule collection of swimsuits, T-shirts and sweatshirts to Mark Spitz, the American swimmer who in 1972 won more gold medals than any other single athlete ever had at any edition of the Olympic Games – setting world-record times in all of those events. His record ...
