News Briefs – Page 295
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News briefs
Vans names Anderson .Paak as its global music ambassador
Vans has announced the appointment of Anderson .Paak as its first-ever global music ambassador. The artist, born as Brandon Paak Anderson and also known as AP, a three-time Grammy Award winning singer, songwriter and producer. AP once worked at a Vans retail store in Topanga Canyon, California. As an artist, ...
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News briefs
Puma celebrates Tommie Smith’s legacy with made-in-Italy Suede
Puma has announced a limited edition of its classic Suede silhouette that honors Tommie Smith, the sprinter who raised his fist toward the sky after winning a gold medal at the 1968 Olympics. The gesture, which was meant as a claim for justice and equality, has since become one of ...
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News briefs
New Balance may replace Nike as AS Roma’s shirt supplier
According to reports in the Italian newspaper La Stampa, New Balance will take over from Nike as the kit sponsor of AS Roma, the Italian Serie A football club. The new four-year deal, which would start in the 2021/22 season, is now awaiting final approval from Dan Friedkin, the new ...
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News briefs
Li & Fung shuffles its top management
Li & Fung, which went private in May of this year, is shifting Joseph Phi from group president to chief executive. Spencer Fung, CEO since 2014, is in turn moving to executive chairman. He will be replacing William Fung, who is taking a seat alongside his brother, Victor Fung, on ...
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News briefs
4F emerges in Ukraine
One of the major Polish sports apparel brands, 4F, has emerged on the Ukrainian market by opening its first store in the country through Epicenter K, which has become 4F’s exclusive partner in the country. The first store is located in Kiev, and by the end of 2020, Epicenter plans ...
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News briefsA new brand may be unveiled at Oberalp’s next Virtual Convention
The first ”Oberalp Virtual Convention” in May 2020 was extremely positive for the Italian company and its brands - Salewa, Dynafit, Wild Country, Evolv and Pomoca - with more than 37,000 clicks. As ongoing travel restrictions due to the Covid-19 pandemic continue to make physical events difficult, the family-owned company ...
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News briefsMoody’s switches Vista Outdoor’s outlook from negative to positive
Favorable trends in U.S. outdoor activity and Vista Outdoor’s good competitive position with leading brands in various niches of the market have led Moody’s to change the group’s debt rating from negative to positive, following an improvement in its Ebitda margin. Vista’s brand portfolio includes Camelbak, Bushnell, Camp Chef, Primos, ...
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News briefs
A new round of layoffs is reportedly underway at Nike
According to reports in the Portland-based Oregonian newspaper, Nike has launched a new round of downsizing measures. A first phase over the summer involved more than a hundred vice-presidents, says the newspaper. The current phase is now reportedly hitting so-called “S-band” employees – namely some of the most senior and ...
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News briefs
Including Skechers, the casual shoe market grew by 6.0% in 2019
In spite of strong competition from the athletic footwear brands in the disputed territory of lifestyle sneakers, the branded casual footwear market grew by 6.0 percent in terms of invoiced dollars to an estimated level of $20.8 billion in 2019, according to a study conducted by Shoe Intelligence in collaboration ...
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News briefsNew textile infusions from drirelease
Optimer Brands, the parent company of the drirelease brand of “wicking, drying, cooling and freshening” textiles, is launching a series of substances for infusion during the manufacture of fabrics to produce such effects as dynamic temperature control, skin-soothing and “fresh garment confidence.” Lee Thompson, the company’s business development manager, describes ...
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News briefs
Exer Labs raises new seed capital
Exer Labs, a fitness start-up headquartered in Denver, Colorado, has secured $2 million in further seed capital, bringing it up to $4.5 million. The new investors are GGV, AME Cloud Ventures, Morado Ventures, Range VC, Service Provider Capital, Shatter Fund, and Mike and Albert Lee, the co-founders of MyFitnessPal. ...
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News briefs
Phelps Brand recruits a Canadian ambassador
The Phelps Brand – a brand of technical swimwear born in 2014 from a partnership between the Olympic champion Michael Phelps, the coach Bob Bowman and the swim-gear producer Aqua Sphere – has brought aboard Canada’s youngest world champion swimmer, Penny Oleksiak, to be a global brand ambassador. Oleksiak holds ...
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News briefs
Fibo holds four digital events
Since the end of last month, Fibo has held four events: the European Health & Fitness Forum (EHFF), FIBO@business and FIBO@home from Sept. 30 to Oct. 3 and the FIBO Shopping Week on Oct. 4-11. All have been, for the first time, digital. Together they have drawn more than 4,500 ...
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News briefs
Big e-commerce growth holding up in Switzerland
Online retailing for sporting goods and other products continued to grow in Switzerland after the Covid-related spring quarantines, and the same has been happening elsewhere, to judge from recent reports. What’s more, e-commerce is widely expected to be very strong in the pre-Christmas period through events like Singles Day, Black ...
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News briefs
Foot Locker partners with Adyen for online and in-store payments
Foot Locker is expanding its relationship with Adyen to various markets internationally for in-store and online payments. The international athletic footwear retailer has been working with Adyen since 2018. Headquartered in Amsterdam, Adyen has offices across Europe, North and South America, Asia and Australia.
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News briefs
Tecnica goes partly direct in the U.K.
After 17 years of collaboration, the Tecnica Group has decided to stop working with a distributor in the U.K. and Ireland for the Blizzard, Tecnica and Nordica brands, using sales agents instead. The current distributor, TKC Sales, will deliver the autumn/winter 2020 collections as planned, with the exception of the ...
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News briefsBurton appoints new creative and marketing executives
Source: © Burton Adrian Margelist Burton Snowboards has named Adrian Josef Margelist as its new executive creative director, and Kelly Murnaghan as senior vice-president of global marketing. Both Margelist and Murnaghan, who have already started in their respective roles, will report to Burton’s chief executive, John Lacy. ...
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News briefs
Latest GoPro camera boosts subscriptions, confirming DTC push
GoPro reported that high demand for its latest action camera, the Hero9 Black, has pushed the number of paying GoPro subscribers past the 500,000 milestone. With the vast majority of consumers purchasing the new camera through the company’s website along with an annual paid GoPro subscription, which includes unlimited cloud ...
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News briefsHead takes over Indigo
Sportsbusiness.at has reported that Head N.V., the holding company of Head Sports, has taken over Indigo, a Munich-based ski producer that filed for bankruptcy protection in April. Indigo is best known as the exclusive licensee of Bogner and its Fire+Ice sub-brand for skis and ski accessories, including helmets, goggles, glasses, ...
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News briefs
New B2B platform by Bollé Brands
Bollé Brands has started implementing a new digital B2B program, consecutively in Europe and the U.S., as a service to its retail clients. It involves a new internet platform with clear product descriptions and intuitive ordering tools, supported by an advanced ERP system and inventory management program. Monitored by the ...
