News Briefs – Page 269
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News briefs
Rossignol finds a new buyer for some of Time's assets
Rossignol has sold many of the bike frame manufacturing assets of Time Sport International to Cardinal Cycling Group of Little Rock, Arkansas. Rossignol had originally planned to make the sale to WhaTTfornow, but this French e-bike producer pulled out of the deal for lack of funds. Cardinal has entrusted the ...
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News briefsTecnica launches a ski boot recycling project
Tecnica has introduced Recycle Your Boots, a project that aims to promote the circular economy by transforming old, used boots into second-generation materials. A ski boot is made of up to 120 components, which typically end up in the landfill, the company explains. Any skier who plans to buy a ...
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News briefs
Another legal victory for the Moon Boot
Tecnica Group has won a second court verdict in Italy to protect the intellectual property rights behind its Moon Boot, and it is now planning to carry the fight to other countries as well, starting with Germany and Italy. The Milan Tribunal ruled on Jan. 25 that the unique design ...
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News briefs
New Balance wins a $3.9m lawsuit against a Chinese copycat
New Balance has won another trademark lawsuit in China against New Barlun, a footwear maker based in Fujian, and its distributor Shanghai Shiyi Trade. The Shanghai Huangpu District Court awarded New Balance 25 million renmimbi (€3.2m-$3.9m) in damages on Jan. 5. According to the Financial Times, it is one of ...
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News briefs
Mandatory shoe tagging doesn’t prevent counterfeiting in Russia
Russian law enforcement agencies have discovered a big store that had been selling fake sports shoes under the guise of famous brands for almost one year in a shopping center in the central Nevsky district of St. Petersburg. It was estimated that the store caused the rights holders damages close ...
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News briefs
Ecco unveils the new BIOM H4 golf shoe
Ecco has launched the BIOM H4, the latest development in its BIOM series of hybrid golf shoes. The BIOM H4 features a new outsole design – the innovative ECCO MTN GRIP outsole – with three sections, to offer a combination of grip, stability and rotational support throughout the swing. A ...
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News briefs
Under Armour opens in downtown Rome
Oberalp, the exclusive distributor of Under Armour in Italy, has opened a second Under Armour Brand House in Rome, this time in the very heart of the city, at 175 Via del Tritone. It measures almost 400 square meters. An older store is located in the Romaest shopping center. With ...
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News briefs
Slinger Bag finds a distributor for Russia
Slinger Bag has signed a five-year distribution deal for Russia with Neva Sport, which handles the distribution for Babolat in the country as well. Slinger Bag will be launching its product in the country on April 1. As we have reported over the past few months, Slinger Bag has been ...
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News briefs
Xtep to open operation center in Shanghai
Xtep International has plans to establish a new operation center in Shanghai. According to a report in Sportstextiles.com, the Chinese sportswear group has entered into an agreement with a property company to acquire a site covering around 11,000 sqm close to Hongqiao Airport. Xtep will use the new site for ...
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News briefs
Babolat works with a human engineering firm
Babolat, the leading French racquet sports producer, has announced an interesting collaboration with HumanFab, a French company specializing in the application of human engineering to sports performance, to jointly explore racquet sports dynamics. The collaboration will start this year with the construction of a dedicated, 2,500-square-meter Racquet Sports Laboratory in ...
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News briefs
A factory in Argentina will start making sports shoes again
An Argentinian manufactrurer of sports shoes, Bicontinentar Footwear Technologies, will be re-starting an old factory in Chivilcoy, a city in the province of Buenos Aires. Its production first began in 2006 under the ownership of a Brazilian company, Paquetá, which manufactured shoes for Adidas. Argentina’s footwear production began to decline ...
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News briefs
Frasers cashes out of French Connection
Frasers Group, the parent company of Sports Direct, has sold its entire 24.93 percent interest in French Connection, a British fashion company in which it started to invest in 2017, when the share price was higher than it is now. The shares were probably worth less than £4 million (€4.5m-$5.5m) ...
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News briefs
TaylorMade Golf is for sale, according to the NYT
The New York Times (NYT) reported on Feb. 2 that KPS Capital Partners has hired Morgan Stanley to run a sale of TaylorMade Golf. Spokespeople for KPS and Morgan Stanley declined to comment and TaylorMade was unavailable for comment, the NYT reports. KPS, an investment company with headquarters in New ...
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News briefs
Hoka One One expands its EMEA roster of athletes
Hoka One One has announced the addition of several athletes to its elite team in the EMEA region. For 2021, the brand is welcoming Hayley Carruthers (road running), Jonathan Davies (track), Lucy Hall (thriathlon), Jessica Judd (track), Khahisa Mhlanga (track) and Carla Molinaro (ultra), among others. The brand has signed ...
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News briefs
Nike acquires a data integration firm
Nike has acquired Datalogue, a high-tech company founded in 2016 that operates out of New York City. Datalogue has built a proprietary machine-learning platform to siphon information from apps, supply-chain systems, enterprise data and so forth. According to John Donahoe, Nike’s president and CEO, the acquisition will help Nike “transform ...
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News briefs
Fibit and Garmin win an IP round against Philips
An administrative law judge of the International Trade Commission of the U.S. issued an initial determination that clears Garmin and Fitbit of a charge that they have been infringing on patents held by Koninklijke Philips and its North American subsidiary. In December 2019, the Dutch electronics multinational had brought a ...
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News briefs
Former Nike executive moves to Gatorade
Here is another Nike executive who is going to work for another company. PepsiCo has hired Kalen Thornton as chief marketing officer for Gatorade, the group’s sports drink brand. Thornton has worked for Nike for ten years, serving most recently as vice president of men’s brand management for North America. ...
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News briefsVF launches “Sustainable Solutions” digital media series
VF Corp. Is partnering with Pattrn, a sister brand of IBM’s Weather Channel, to launch a new digital media series that highlights its solutions to address climate change. The five-part series showcases the work happening across VF and its family of brands, including Vans, The North Face and Icebreaker, and ...
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News briefsNew president for the Americas at Thule Group
Hilary Hartley has been named president of Thule Group’s Americas business area, which recently recovered after performing less well than Europe and the rest of the world for a while. He will join the Swedish company’s global corporate leadership team, reporting to its CEO and president, Magnus Welander. At the ...
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News briefs
Nike releases sustainable Cosmic Unity basketball shoe
The Nike Cosmic Unity basketball shoe and the brand’s first performance shoe is being released under its Move to Zero initiative, which epitomizes Nike’s journey toward circular economy. The Cosmic Unity is made with at least 25 percent recycled content by weight. The sockliner is made in part from recycled ...
