News Briefs – Page 298
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News briefs
Lacoste’s branded face mask for Roland-Garros is sold out
Lacoste is getting strong extra visibility as a “premium sponsor” of the Roland-Garros tennis tournament through the sale of a branded anti-coronavirus face mask. Featuring its famous alligator logo, it is being worn by the tournament’s personnel, including the referees and the ball boys. The re-usable cotton mask has been ...
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News briefs
Royer will have to trim its staff
The loss of a major distribution contract for New Balance in France, the Benelux countries and Germany and the crisis linked to Covid-19 have led Groupe Royer of France to start discussions with its staff about the dismissal of about 200 of its 500 employees. The loss of the contract, ...
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News briefs
Clarus raises $11.5m from three top investors
Clarus Corporation, parent company of Black Diamond, Pieps, Sierra Bullets and Skinourishment, has entered into an agreement with three of its top 10 investors - Brown Advisory, Greenhouse Funds and TT Investimentos - to sell 900,000 registered shares of the company to support future growth. The sale will be priced ...
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News briefs
Early launch of Swix’ next-gen fluoro-free race wax
Swix Soirt has launched its latest gliding wax collection, Swix Pro, comprising three lines called Performance Speed, High Speed and Top Speed, with both solid and liquid waxes available in the stores this autumn. The new line has been in development for over ten years and was originally planned for ...
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News briefs
Dynafit strengthens its sales team
Dynafit , the mountain sports specialist owned by the Oberalp Group, has strengthened its team. The newly created position of strategic account specialist is now filled by Herbert Steinmassl, who has already worked for Dynafit for more than five years and was most recently brand representative responsible for Bavaria. His ...
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News briefs
Smith moves its consumer & dealer services division to Portland
Smith Optics has transferred its consumer & dealer services division to its headquarters in Portland, where it will join the product, marketing and sales departments. The division was previously located at Smith’s Utah-based manufacturing facility. The Portland team will include account managers coming from Utah and new hires such as ...
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News briefsNew brand identity and new products for avalanche airbag pioneer ABS
SpinCapital, the Munich-based owner the ABS since 2017, is reinventing the well-known avalanche airbag brand founded in 1985 with a new strategy, a new brand identity, new products, a digital offensive and stronger trade marketing.The founder of SpinCapital and chief executive of ABS, Stefan Mohr, is responsible for the newly ...
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News briefs
Unify distributes Nixon in the U.K.
Nixon, the California brand of lifestyle watches and other accessories, has announced a distribution contract for the U.K. with Unify Brand Partnerships, effective immediately. The partnership covers Nixon’s full range of products, including its new line of backpacks, convertible duffels, totes and other carry products made with Reprieve Our Ocean ...
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News briefs
Record golf memberships in the U.K.
The number of commercial golf courses and driving ranges affiliated with the UK Golf Federation (UKGF) has reached 936, after breaking the threshold of 900 this summer. The federation offers its members 13 “business support services” free of charge as well as a reservation service for venues and courses through ...
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News briefs
Gucci teams up with The North Face
Gucci has revealed that it is partnering with The North Face for an unspecified collaboration in the coming months “that celebrates the rich heritage of both brands.” For the big Italian luxury brand, it is the first collaboration of this kind since Alessandro Michele became its creative director five years ...
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News briefs
Reebok to release a plant-based running shoe
In October, Reebok will be releasing the Forever Floatride Grow, a running shoe with uppers derived from eucalyptus trees, midsoles from sustainably cultivated castor beans, sock liners from bloom-algae foam and outsoles from plant rubber. According to Footwear News, the U.S. Department of Agriculture (USDA) has conferred some sort of ...
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News briefs
New super loan leads S&P to upgrade Boardriders’ credit rating
Shortly after downgrading Boardriders’ credit rating, Standard & Poor’s upgraded it slightly from SD to CCC as the parent company of Quiksilver, Billabong, Roxy and other action sports brands completed a new transaction with its lenders. It notably obtained a “super senior term loan” that provides it with much-needed liquidity ...
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News briefs
Positive rating by Moody’s for Canada Goose
Rating its debt for the first time, Moody’s gave Canada Goose a B1 corporate family rating and a B2 rating to a proposed senior secured loan of 402 million Canadian dollars (€258m-$300m) due in 2027, nearly half of which would be used to add cash to its balance sheet and ...
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News briefs
Asics joins renewable-energy coalition
Asics has joined RE100, an international, multi-sector coalition of companies that run or have pledged to run their business entirely on renewable energy. Asics itself hopes to draw exclusively on renewable energy in 60 percent of its “business bases” by 2030 and in all of them by 2050. It has ...
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News briefs
WMDUK to distribute Spy+ in the U.K.
Bollé Brands has appointed VMDUK for the distribution in the U.K. of Spy+, the Californian brand of action sports sunglasses, prescription frames and winter products. Founded in 1994 in San Diego, the brand was taken over by Bollé Brands in September 2019 it was taken over by Bollé Brands, which ...
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News briefsNew Tencel fibers receive CarbonNeutral certification
Under the Tencel brand, the Austrain firm Lenzing is releasing Lyocell and Modal fibers that have received CarbonNeutral® certification. In other words, they comply with the carbon-neutral protocol set up – originally in 2002 – by Natural Capital Partners. In Lenzing’s summation, “the emissions associated with the fibers’ production, manufacturing ...
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News briefs
Stefan Herzog becomes president at VDS
Stefan Herzog, who has been secretary general of the German sporting goods retailers’ federation (VDS) since 2018 and president since last spring of Fedas, the European umbrella organization of the specialist sports retail trade, has moved to the top of the German association. He was appointed as VDS’ new president ...
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News briefs
Ispo Awards to open for submissions
The 10th annual Ispo Awards will be receiving product submissions from Sept. 28 to Dec. 4. All companies in the sports industry, even non-exhibitors at the forthcoming Ispo Munich show, may submit. Those who do so by Nov. 6 will enjoy an early-bird discounted rate: €125 for exhibitors, €325 for ...
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News briefs
Puma appoints new distribution GM for EEMEA
Puma has assigned Johan Kuhlo to a new position as general manager in charge of distribution for Eastern Europe, the Middle East and Africa (EEMEA). Kuhlo, who has been lately the company’s head of corporate strategy and investor relations, will be working out of the German company’s regional hub in ...
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News briefs
Dakine updates its Heli Pack series
Dakine is celebrating the 25th anniversary of its Heli Pack backpack by releasing a refitted, more durable iteration of the series, with recycled materials in its construction. The company describes the original backpack, released in 1996, as the “first low-volume backpack designed specifically for backcountry snowboarders and skiers.” It was ...
