News Briefs – Page 287
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News briefsPatagonia hires a European environmental action & initiative director
Source: Patagonia Beth Thoren, new Environmental Action & Initiatives Director, EMEA Patagonia is strengthening its mission “We’re in business to save our home planet” with the hire of Beth Thoren as environmental action and initiative director for the EMEA region. With her extensive previous experience, Thoren’s addition ...
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News briefs
Pentland reports on modern slavery
Pentland Brands has produced a report on labor practices in its supply chain. Called Modern Slavery, the report reviews such criteria as geography, political stability and worker demographics to gauge the likelihood of slavery’s use in various parts of the world. Homeworkers appear to be of particular concern for the ...
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News briefs
Sports Direct to purchase four stores in Spain
In a deal worth €34 million, Frasers Group’s sports banner, Sports Direct, will be purchasing six Toys ‘R’ Us stores in Spain in a sale & leaseback deal. They are located in the cities of Alcobendas (outside Madrid), Sant Boi (outside Barcelona), Granada, Valencia, Málaga and Pamplona. Toys ‘R’ Us ...
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News briefs
Joma to sponsor the Italian Tennis Federation
Joma Sport will become the new technical sponsor of the Italian Tennis Federation (FIT) on Jan. 1, supplying all apparel to all Italian national teams and equipment to the federation’s tennis centers for the next five years. Joma will also participate in the federation’s brand makeover, which is intended to ...
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News briefs
McKinsey makes recommendations to cope with Covid
The World Federation of the Sporting Goods Industry (WFSGI) has pointed to an interesting series of proposals recently made by McKinsey & Co. to help overcome the Covid-19 crisis and to make the most of the post-crisis recovery. We feel that decision-makers in our sector and others should think ahead ...
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News briefs
SMS looks to expand in Asia
Sports Marketing Surveys (SMS) has appointed Eric Lynge as special for Asia in order to expand its operations in the region, particularly in the areas of golf, cycling, outdoor and tennis. He will continue as the chief executive of the Asian Golf Industry Federation, which he has led since 2014. ...
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News briefs
The Nike United retail concept goes live
Nike is introducing a new retail concept, called Nike United, at nine locations around the world, including one at East Kilbride in the U.K. The others are in the U.S., China and South Korea. Coming after the Nike House of Innovation, Nike Rise and Nike Live, the new concept is ...
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News briefs
Decathlon opens its largest store in Germany
The largest Decathlon store in Germany is opening in November in Weiterstadt, covering 8,000 square meters and employing 80 people. In addition to the classic sales area for more than 100 sports segments and 85 private labels, there will also be numerous test areas, a sports park and an exhibition ...
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News briefs
Head takes over the distribution of some products in Scandinavia
Head Scandinavia is taking over the distribution of its racquet sports operations in Sweden, Denmark and Finland from GSL, which has had the rights for Sweden since 2010. According to Sportfack, it will be pushing in particular the paddle tennis segment, which is growing strongly in Sweden. Head Scandinavia is ...
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News briefs
New licensing director for Fanatics from Nike
Eager to continue to expand internationally, Fanatics has appointed a new licensing director, Younes Latayi, to drive its global licensing strategy and to manage its growing international portfolio of partners, maximizing their online and offline offerings. He will be based in Europe, reporting to Vicky Picca, Fanatics’ senior vice president ...
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News briefs
Facebook monetizes Instagram with a new shopping function
After Google’s reported tests to turn YouTube into a shopping platform, Facebook has announced a new functionality on Instagram that will allow customers to buy products through a new “Shop” tab on its home screen. Represented by a shopping bag, it will lead directly to the Instagram Shop, a commercial ...
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News briefs
Pitti Uomo is postponed to late February
Pitti Uomo is basically the only trade show in Italy where sports brands have been showing new products. Its organizers have decided to postpone the dates of the international menswear show in Florence from Jan. 12-14 to Feb. 21-23, making it coincide with two other exhibitions for textile yarns and ...
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News briefs
Carla Murphy will lead Adidas Outdoor
In yet another important management change, Adidas has appointed Carla Murphy as general manager of its Adidas Outdoor business unit, starting on Dec. 14. She will assume one of the two roles of Tim Janaway, who has been with the Adidas group for more than 20 years, serving most recently ...
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News briefs
Puma signs deals with two European singers
Puma has signed two endorsement deals with two singers: Ana Mena of Spain, who has found success both in her home country and in Italy, and Dua Lipa of the U.K, who is one of the top female acts on Spotify. Dua Lipa will be headlining Puma’s gender-focused “She Moves ...
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News briefs
Alleging stolen advertising secrets, Peloton countersues Icon
As we already reported, Icon Health and Fitness launched a suit against Peloton Interactive last month, charging that its new and more advanced stationary bike, the Bike+ model, violates patents that the older company has held since the late 1990s. In a suit filed in Wilmington, Delaware, Peloton is now ...
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News briefs
Umbro’s current sponsorships in La Liga
Umbro is the N° 3 sportswear sponsor in the second division of Spain’s second-tier La Liga football league for the 2020/21 season, notably equipping Rayo Vallecano, Mallorca and Logroñés. While lacking any clubs in the first division, Umbro is also sponsoring amateur and futsal clubs in the country. Worldwide, the ...
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News briefs
OR Winter Online opens registration under a new CEO
Registration is now open for the new virtual version of the American Outdoor Retailer show, OR Winter Online, a three-day digital marketplace focused on outdoor and snow sports scheduled to open on Jan. 6. Buyers will be able to connect through March 19. Camp, Fischer Sports, Helly Hansen, Scott Sports, ...
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News briefs
Polygiene to treat Caterpillar apparel
Polygiene has signed a deal with Caterpillar. The manufacturer of construction and mining equipment will be using Polygiene’s antimicrobial treatments in its casualwear as of 2021, with workwear to follow. According to Caterpillar’s senior vice president of apparel, Greg Gemette, this will “reduce the ecological footprint” of the apparel, “as ...
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News briefs
Sequential turns around
The Sequential Brands Group turned around in the third quarter, posting net income from continuing operations of $4.5 million against a loss of $18.4 million in the year ago period. The recovery was partly aided by a gain of $3.7 million from the sale of two non-core brands. Total revenues ...
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News briefs
Exiting China makes Iconix profitable
Despite Covid-19, which caused its revenues to decline by 31 percent to $35.5 million in the third quarter as compared to a year ago, the Iconix Brand Group returned to a profit in the third quarter, posting net income of $45.7 million compared to a loss of $35.7 million. The ...
