News Briefs – Page 284
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News briefs
New U.S. partner for Capranea
Capranea, which describes itself as “Switzerland’s leading alpine-inspired luxury brand,” announced today that it has secured a strategic private investment aimed at driving its global expansion. The message sounds similar to Moncler’s almost simultaneously announcement of its takeover of Stone Island. Capranea has signed a deal with the Progression Brands ...
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News briefs
Titleist announces licensing deal with the Lions
Titleist has announced a new licensing partnership with the British & Irish Lions, the touring team of rugby players selected among the best players from the national teams of England, Scotland, Wales and Ireland. The deal has been secured by The Point.1888, a U.K.-based brand licensing company. Titleist will offer ...
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News briefs
Rip Curl extends sponsorship of Gabriel Medina
Rip Curl has extended by another five years its sponsorship of Gabriel Medina, the two-time surfing world champion. Their arrangement has lasted 12 years so far. This year’s World Surfing Tour has been cancelled over Covid-19, but the Billabong Pipe Masters competition remains scheduled for Dec. 8. Medina will also ...
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News briefs
JD Sports’ acquisition of Footasylum faces another legal hurdle
JD Sports Fashion’s battle to retain ownership of the British Footasylum chain is taking another turn, with the U.K.’s Competition and Markets Authority (CMA) “applying for permission” to appeal a recent judgement by the Competition Appeal Tribunal in the case, “after careful consideration.” JD had appealed to the tribunal to ...
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News briefs
New leadership structure for Outdoor Research
Outdoor Research (OR), the Seattle-based brand of functional outdoor, tactical and medical apparel, announced a new leadership structure late last month with an industry veteran, Roger Barton, taking the helm of the company. For the past two years, Barton led all aspects of finance and operations at OR, helping the ...
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News briefs
European bike sales to jump by 47% by 2030
A new forecast from CIE (Cycling Industries Europe), Conebi (Confederation of the European Bicycle Industry) and ECF (European Cyclists’ Federation), three industry groups based in Brussels, has predicted that Europeans will buy an extra 10 million bicycles per year by 2030. This would represent an increase of 47 percent as ...
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News briefs
StockX booms over Cyber Weekend
This year StockX enjoyed its best Cyber Weekend ever. The daily gross merchandise value (GMV) for the period averaged a growth of 100 percent year-on-year. Black Friday’s rate of one trade per second rose at times in the subsequent days to as much as three per second. The website received ...
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News briefsEuropean visitors can participate in Ispo Beijing through an avatar
The forthcoming Ispo Munich trade show will be digital, but Ispo Beijing will be held in person as planned – or almost so - on Jan. 14 to 16. Whereas China has opened again for business, Europe remains under varying degrees of Covid-19 lockdowns. To enable Europeans to take ...
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News briefs
Adidas grants a Corona bonus to all employees
Adidas has announced that it will give a Corona thank you bonus to all the members of its staff of about 60,000 employees around the world for Christmas. Regulations introduced by the German government will make the bonus free of taxes and social charges. The bonus will amount to up ...
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News briefsZalando adds 1 mln clients during Cyber Week
Zalando acquired more than one million new customers during the sixth edition of its Cyber Week, surpassing last year’s new customer record. The gross merchandise volume (GMV) grew by about 35 percent over same the period and some 7,500 orders were placed per minute at peak times. The share of ...
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News briefsSequential undergoes strategic review
The Sequential Brands Group’s board of directors has re-launched a “broad exploration of strategic alternatives,” which may include the sale of the company or the disposal of one or more of its brands. The company’s vast portfolio includes sports brands such as And1, Avia and Heelys, among others. “The company ...
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News briefs
Foot Locker’s CFO is due to retire in April
Foot Locker expects Lauren B. Peters to step down as executive vice president and chief financial officer and retire in April 2021. The sports retailer has engaged the headhunting firm Crist | Kolder to find a successor from in- or outside its ranks. Peters has been with Foot Locker for ...
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News briefs
Obituary: Pat Doran
Patricia Doran, a well-known and respected American fashion designer and fashion journalist, has passed away. John Horan, former editor of Sportstyle and current editor of the American edition of Sporting Goods Intelligence, calls her “the first lady of sports fashion.” She began her career in fashion journalism at Ski Magazine ...
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News briefs
Sergio Ramos leaves Nike, probably for Adidas
The captain of the Real Madrid football club and the Spanish national football team, Sergio Ramos, has decided not to extend his 10-year deal with Nike. He has now posted a photo on Instagram of him wearing Adidas boots, leading to press speculations that he has signed up with the ...
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News briefs
Two Italian teams wear special jerseys to honor Maradona
SSC Napoli honored the late Diego Armando Maradona by wearing a special fourth kit during the Serie A match between Naples’ football team and AS Roma on Nov. 29. The Kombat kit was designed with Kappa last year, and was indeed expected to be unveiled during the match against Roma, ...
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News briefs
Kathmandu’s group CEO is unexpectedly leaving
Xavier Simonet has given notice that he will leave Kathmandu Holdings within the next six months. He has held the role of chief executive of the group for the last five-and-a-half years. The company said that Simonet’s departure was unexpected. During his tenure, Simonet has repositioned the group and overseen ...
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News briefs
Stefan Rosenkranz will be BSI’s new managing director
Source: BSI Stefan Rosenkranz The board of the Federal Association of the German Sporting Goods Industry (BSI) has appointed Stefan Rosenkranz as its new managing director. Rosenkranz will take up his new position on Feb. 1, 2021, taking the place of NIcole Espey, who left at the ...
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News briefs
Next World Cycling Forum takes place during IAA Motor Show in Munich
The World Federation of the Sporting Goods Industry (WFSGI) announced that the next edition of its World Cycling Forum (WCF) will take place on Sep. 9-10, 2021 during IAA Mobility (Sep. 7-12) at Messe München’s International Congress Center (ICM). Following the relocation of the IAA automotive show from Frankfurt to ...
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News briefsVF opens its first multi-brand store
VF Corporation has opened its first multi-brand store on a surface of 2,000 square meters on three levels in a landmark building near Milan’s cathedral. Named after its address, Orefici11 carries three brands – Timberland, The North Face and Napapijri – with dedicated show windows for each brand and dedicated ...
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News briefs
Burton re-sells a surf brand
In 2006, Burton Snowboards bought Channel Islands, a brand of surfboards, from Al Merrick, a shaper who founded it 51 years ago in Santa Barbara, California. Burton has now agreed to sell CI Surfboards to the founder’s son, Britt Merrick, along with members of its management and athletes. According to ...
