News Briefs – Page 285
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News briefs
Former Zappos head Tony Hsieh dies
Tony Hsieh, who co-founded Zappos.com, the pioneering American footwear and clothing online retailer, and ran it for about two decades, died at the age of 46 due to complications from injuries sustained in a house fire in New London, Connecticut. Known for his kindness, generosity and a relentless focus on ...
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News briefs
Under Armour launches the Curry brand
Imitating what Nike has done so successfully with Michael Jordan and the Jordan brand, Under Armour has launched the Curry sub-brand and logo in a new line of apparel and footwear products for a variety of sports. It is named after Stephen Curry, the 31-year-old NBA star whom it has ...
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News briefs
Löbe leaves Puma to run Absolute Teamsport
Sport 2000 GmbH, the joint buying group for Sport 2000 retail members in Germany, Switzerland and the Benelux countries, has created a dedicated legal entity, Absolute Teamsport GmbH, for retailers specializing in team sports, similar to those that it already has in operation for running and outdoor specialists. The new ...
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News briefs
European Tour and PGA Tour unite
The European Tour and the PGA Tour have announced a “Strategic Alliance” for golf competitions, covering tournament scheduling, prize funding, media rights and commercial matters. The PGA Tour will be acquiring a minority stake in the European Tour’s media production company, European Tour Productions, and the PGA Tour’s commissioner, Jay ...
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News briefs
Superfeet introduces custom-insole system to Europe
The insole and footwear manufacturer Superfeet brought its Fitstation – which it describes as a “personaliszd” insole- and footwear-fitting system – to Europe in November. Already rolled out in the U.S., the system pairs elements from both the Swedish footwear-tech company Volumental and the American computer company HP. Volumental’s Engage ...
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News briefs
New Balance changes distributor for Romania and Bulgaria
Startline, the Greek distributor of New Balance, will also be responsible for Romania and Bulgaria from Jan. 1, taking over the role from the brand’s Turkish distributor, NBI Giyim. The company says that Startline has done a good job for the brand by creating a strong omni-channel business, including nine ...
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News briefs
The Italian bicycle market will grow by 20% in 2020
According to data from ANCMA (Associazione Nazionale Ciclo Motociclo Accessori), the sector’s trade association, sales of bicycles in Italy are expected to increase by 20 percent this year as compared to 2019. The pandemic provided the primary drive for the growth, followed by a mobility bonus that was allocated by ...
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News briefs
Technogym partners with Saudi Arabia’s largest fitness chain
Technogym has agreed a five-year agreement with Fitness Time, the largest network of sports and fitness clubs in Saudi Arabia, with a staff of over 2,600. The contract makes the Italian fitness company Fitness Time’s exclusive supplier for all its 138 existing clubs and future ones across the Kingdom of ...
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News briefs
Adidas is a new founding partner of the Global Sports Week
Adidas has been announced as a new founding partner of the Global Sports Week (GSW) in Paris. The German sportswear giant joins the other founding partners of the event, which are the French Ministry of Sport, the French banking group BPCE, and EGG Events. The first edition of GSW Paris ...
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News briefs
Schmidt-Eisenhart will be Calida’s new CEO
The board of directors of the Swiss Calida Group, which is about to take full ownership of the Lafuma Group with its outdoor brands Millet and Lafuma, has appointed Timo Schmidt-Eisenhart, a veran of Nike and VF Corp. as its chief executive. He will succeed Reiner Pichler in the first ...
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News briefs
Lycra creates Chief Innovation Officer position
The Lycra Company has appointed Steve Stewart as chief innovation officer, a newly created position in which he will be responsible for leading the company’s technology and strategic marketing teams. Stewart will also be responsible for accelerating the pace of development of innovative products and platforms for brands and retailers. ...
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News briefs
Tecnica among the most performing firms in Italy’s northeast
Tecnica Group has been ranked among the 100 top-performing companies in Italy’s Triveneto area for 2019. The ranking is available in TOP 100, a special supplement that the Gedi publishing group has devoted to the best-performing companies in Italy’s northeast. The supplement has been on sale since Nov. 20 with ...
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News briefs
Adidas launches its first road cycling shoe since 2005
Evidently responding to the booming demand for cycling products, Adidas is releasing the Road Cycling Shoe, its first since the launch of the Adistar Road SL over 15 years ago. The upper of the Road Cycling Shoe is made from Primegreen, which the company claims to be a 100 percent ...
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News briefs
Tecnica comments on Blizzard's situation in Austria
Earlier this week, some media reported that the ski manufacturer has stopped production at its Tecnica Group Ski Excellence Center in Mittersill, Austria, which has triggered various suspicions and rumors because of the Covid-19 situation. The Tecnica Group has now officially commented and clarified that the Tecnica Group and its ...
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News briefs
Kathmandu’s revenues keep surging thanks to Rip Curl
After registering record sales for its financial year ended on July 31, boosted by the acquisition of Rip Curl in October 2019, Kathmandu Holdings kept the momentum going during the start of its new financial year. In a trading update, the company said that its revenues for the first fiscal ...
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News briefs
Annecy Days trade show scheduled for January
A number of snow sports brands have come together to organize a new physical edition of the traditional Annecy Days. Scheduled for Jan. 11-12, the French trade show will be patterned after ASAP but be limited to B2B dealings at the brands’ permanent or temporary showrooms in the French city ...
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News briefs
Amazon launches its IP Accelerator in Europe
Amazon has launched its Intellectual Property Accelerator (IP Accelerator) in France, Germany, Italy, Spain, the Netherlands and the U.K. A version of it has been operational in the U.S. since 2019. The stated purpose is to connect small and medium-size enterprises (SMEs) with a “curated network” of European law firms ...
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News briefs
Zipfit hires new managers
Zipfit, an American producer of ski boot liners has boosted its management. The company has hired Chris Dominick to become its managing director and head of North American sales. Dominick is notably the co-founder of Wise Bar, a “superfood” bar in Colorado. Zipfit has also hired Thomas May, now director ...
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News briefs
New MD for the German Bicycle Industry Association
Burkhard Stork will serve as the new managing director of the Zweirad-Industrie-Verband (ZIV), the German bicycle industry organization, as from March 2021. Stork is currently federal managing director (MD) of the General German Bicycle Club (ADFC), the country’s largest bicycle lobby group, which he has been leading for nine years. ...
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News briefs
Report: JP Morgan looking for Reebok’s new owner
Indicating that the sale of Reebok may only fetch around $1 billion for the Adidas Group, The New York Times reports that it has retained JP Morgan Chase to assist in the process. That would be a big discount on the $3.8 billion that Adidas had spent in 2006 to ...