News Briefs – Page 273
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News briefs
Showroom format allows in-person trade shows for Austria and the Netherlands
ÖSFA, the traditional sporting goods show for the Austrian sports market, is going to be split into two physical events to allow social distancing and to provide more flexibility in terms of orders. An ÖSFA Start fair will be held on Feb. 2 and 3, followed by the regular 108th ...
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News briefs
Dorel is asked to pay back taxes in Europe
Dorel Industries said it plans to appeal a decision that would force one of the company’s subsidiaries to pay €46.8 million in taxes plus interest in connection with the transfer of certain assets made in the context of an international corporate reorganization made in 2015. The decision was notified to ...
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News briefsDr. Martens commands a high Ebitda multiple with its IPO
Dr. Martens is being valued between £3.3-3.7 billion (€3.7bn-$4.5bn to €4.2bn-$5.1bn) in its planned public offering on the London Stock Exchange, whichis already fully booked. The valuation implies a multiple of over 17 times Ebitda, as the company generated Ebitda of £184 million (€204.2m-$248.3m) on revenues of £672 million (€745.8m-$907m) ...
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News briefs
Endura has planted 1.3 million trees in a year to offset emissions
Endura, a Scottish cycling apparel brand founded in 1993 and part of Pentland Brands since 2018, says it has now planted more than 1.3 million trees in Maputo Bay, Mozambique. That is 30 percent more than the original goal of the “One Million Trees” initiative announced in early 2020. With ...
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News briefs
Mastercard hikes fees on U.K. e-commerce purchases from EU
In yet another indication of the inflationary effects of Brexit, Mastercard is preparing to at least quadruple the fees it charges to merchants located in the European Union and the rest of the European Economic Area when British cardholders buy their goods online. It warned that the move could lead ...
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News briefs
Performance Days to debut in China
Performance Days is expanding to Shanghai. Functional Textiles Shanghai by Performance Days is scheduled for Sept. 28-29 at the city’s Shanghaimart Exhibition Center. The Munich show’s founder, Design & Development GmbH Textile Consult, will be organizing the event along with Tengda Exhibition, which handles trade fairs and sourcing events in ...
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News briefs
We Are Spindye to supply Arket
We Are Spindye has become a supplier for the new sports fashion collection by Arket, the sustainable Swedish retailer owned by H&M. The dying of the collection’s recycled polyester, We Are Spindye claims, reduces water consumption by 75 percent, chemical consumption by 90 percent and CO2 emissions by 30 percent ...
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News briefs
Giro to supply Sweden’s ski-cross team
The Swedish trade paper Sportfack reports that Giro – through its Swedish distributor, JO Sport – will be supplying goggles and helmets to Sweden’s national ski-cross team. A new helmet for downhill / SuperG grand slalom and ski-cross will be making its debut at some point during 2021. The cooperation ...
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News briefs
Tennis-Point opens second Spanish physical store
Diversifying from e-tail, Tennis-Point has opened its second brick-and-mortar store in Spain. This one is located on a premium thoroughfare – the Passeig de Gràcia – in the city of Barcelona, covering some 600 square meters. It will operate on an omni-channel model with a staff providing personalized advice. Tennis-Point’s ...
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News briefs
Casall Sport collaborates with Polygiene
Casall Sport is releasing a training glove treated with Polygiene’s ViralOff, which has received an ISO18184:2019 certification for its elimination of more than 99 percent of viruses (the SARS-CoV-2 virus behind Covid-19 included) within two hours. The glove went on sale on Casall.com, at Casall’s concept stores and at selected ...
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News briefs
Nike and Stüssy team up on eco-friendly apparel line
Nike and Stüssy have introduced a collaborative capsule collection that comprises a trio of upcycled and insulated garments. The pullover hoodie, skirt and pants in this collection are made from a translucent ripstop fabric that utilizes at least 75 percent recycled nylon from waste products. Furthermore, Thermore EcoDown from recycled ...
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News briefs
Santini and UCI launch World Championships collection, sold exclusively at Decathlon
Santini and the Union Cycliste Internationale (UCI) are introducing a new collection of clothing and accessories for Decathlon that features the symbolic rainbow bands of the UCI World Championships. The items in this collection will be available exclusively at Decathlon shops in Italy, Switzerland, Belgium and Hungary as well as ...
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News briefs
Adidas introduces extra-light golf shoe
Adidas has unveiled the new ZG21 spiked golf shoe. The new shoe is said to weigh 20 percent less than any previous spiked model sold by the brand. This is made possible by a cushioning that is 40 percent lighter than the typical EVA foam in the market. The ZG21 ...
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News briefs
Tradeinn's sales exceed expectations
Tradeinn, the Spanish e-retailer that runs several specialized international retail websites including snowinn.com, trekkinn.com, bikeinn.com, xtremeinn.com and many others, posted revenues of €288 million for 2020, representing an increase of €100 million from 2019, according to sport-guide.com. According to the report, the esults for the full year exceeded the company’s ...
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News briefs
Ski Lacroix’ parent is placed in receivership
Idealp Sport, a French skiwear company based in Albertville, has been placed in receivership (“procédure de sauvegarde” under French law) by the Chambéry commercial court, as reported by sport-guide.com. The Henri Duvillard brand, which Idealp sold to Amateis in December, is not involved in the procedure. The Degré 7 brand, ...
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News briefs
Strong growth for Storck Bicycle
Storck Bicycle, a German bicycle manufacturer that celebrated its 25th anniversary last year, says it is satisfied with its performance in the past fiscal year and expects the current growth curve to continue. One of the reasons for the good performance was the fact that the company’s founder, Markus Storck, ...
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News briefs
Switzerland’s Expo des Neiges 2021 is cancelled
Due to the Swiss Federal Council’s directives and the ban on events, Expo des Neiges 2021, scheduled to take place in Aigle from March 30 to April 1, has been cancelled. The first edition of the new ski show has thus been postponed until March 2022. An exact date has ...
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News briefsNew Central European manager for Hestra in Munich area
Hestra, the the Swedish glove producer, has appointed Chris Weber as country manager for Central Europe, a new position in the family-owned company’s corporate structure. Based in the Munich area, Weber took on the position on Dec. 1. Weber previously served as a key account manager for Schöffel and Oakley. ...
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News briefs
Shimano will replace Mavic for neutral support at Tour de France after 43 years
Shimano has signed a new agreement with the Amaury Sport Organisation (A.S.O.) that will see Shimano provide neutral support at all the men’s and women’s road cycling events organized by A.S.O., starting with the first stage of the Paris-Nice race on March 7. The partnership will also cover the iconic ...
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News briefs
Macron donates match kits to grassroots football clubs in Italy
Macron has teamed up with the Lega Nazionale Dilettanti (LND), the Italian governing body for amateur football, on “Insieme per Ripartire,” an initiative to support talented young football players across the country and make sure that they are ready to return to the sport once the restrictions due to the ...
