News Briefs – Page 315
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News briefs
Signa Sports United launches its online stores in Japan
Outfitter, one of the online retail chains of Signa Sports United (SSL), has launched its first online store in Japan in cooperation with Aeon. The two partners plan to add other online stores for two other properties of SSL, Tennis-Point and Probikeshop, in Japan next month. The Austrian-based Signa Retail ...
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News briefs
On Running launches documentary on the Athlete Refugee team
On Running, the Swiss brand of running shoes, launched a documentary to accompany the Athlete Refugee Team for the postponed 2020 Olympic Games on Saturday June 20, on the occasion of this year’s World Refugee Day. In the film, Tegla Loroupe, the well-known Kenyan runner who won the latest ...
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News briefs
Decathlon Germany passes on VAT cuts directly to consumers
In view of the decision by the German government to reduce the value-added tax from 19 to 16 percent for certain products and from 7 to 5 percent for others from July 1, the sporting goods retailer and manufacturer Decathlon Germany declared that it will pass on the tax benefits ...
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News briefs
Kinnevik sells shares in improving Zalando
Kinnevik, which is Zalando’s biggest shareholder, has sold 10.6 million shares in Zalando to institutional investors, reducing its stake from 26 percent stake to 21.3 percent and taking advantage of a recent increase in the e-tailer’s share price. The announcement came just before Zalando said that it will post significantly ...
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News briefs
Three more markets for Zalando’s Connect Retail program
From July, Zalando will be extending its offer to waive commissions on its Connected Retail program to Poland, Sweden and Spain. The initiative, which was originally aimed at supporting brick-and-mortar stores during the coronavirus crisis, was introduced in Germany and the Netherlands on April 1. The offer will run until ...
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News briefs
A new sustainable textile project by Puma
Puma has developed a new sustainable lifestyle and performance collection of garments based on a bio-design project called ”Design to Fade.” The non-commercial project served to research sustainable alternatives for textile production and textile dyeing. The result: Some of the products are dyed using bacteria, “while others are made of ...
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News briefs
A boost for Fila’s management in Europe
Petra Stürenberg, managing director of Medico Sports Fashion, Fila’s licensee of the brand for Continental Europe, has appointed new managers to sustain the brand’s strong momentum in the region with a goal to turn it into one of the top five sports brands in the market. Since June, Hansjörg Scharner ...
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News briefs
Head is about to buy Zoggs
Head is in advanced discussions for a takeover of Zoggs International, the leading U.K.-based brand of swim goggles, says an insider, commenting on a report in Sky News, stressing that the transaction is not yet completed. Mark Hammersley, the former president of Speedo International who has been running the brand ...
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News briefs
Standard launches sustainable snow sock
Standard, the Australian sock company, has launched a sustainable technical sock for skiing and snowboarding. These socks use a yarn that is produced in Spain by Hilaturas Ferre, specialized in the production of colored yarns and threads from recycled cotton fibers. The socks are made in Portugal. The ”Woods” sock ...
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News briefs
Specialized will have a new French head office
Construction of a new 2,250-square-meter facility for Specialized France has been launched in Valence, in southeast France, in the Parc d’Activité de la Lautagne. According to reports in sport-guide.com, the facility is scheduled for inauguration in January 2021. The historic headquarters of Specialized France at Charmes-sur-Rhône, near Valence, was destroyed ...
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News briefs
Sqairz partners with Nick Faldo
Sqairz, the young specialist in golf footwear from New England, has announced a long-term partnership with Sir Nick Faldo, the iconic English golfer. Faldo is also investing in the company, which was founded last January by Bob Winskowicz, an industry veteran who previously worked with MacGregor Golf and The Arnold ...
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News briefs
Cole Haan has a new VP of North American wholesale
Cole Haan has appointed Andrew Rudolph as senior vice president of North American wholesale sales, preparing the American casual footwear brand for its entry into the sporting goods retail channel. Rudolph spent the past five years as vice president of sales at Adidas, his home since at least 2007, generating ...
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News briefs
Converse signs its first WNBA star
Converse – a former brand of basketball shoes that has been under Nike’s ownership since 2003 – has signed its first endorsement deal with a female basketball player: Natasha Cloud, guard for the Washington Mystics. Converse returned to basketball in April of last year, signing in the interim the NBA ...
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News briefs
Smith introduces new commissions and rebates in N. America
To give its retailers a shot in the arm after the economic slowdown of the Covid-19 pandemic, Smith Optics is investing $300,000 into sales incentive program in North America called “Committed to Retail.” From June 9 to Sept. 7, the helmet and eyewear brand owned by the Safilo Group will ...
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News briefs
Lumos to receive Kickstarter funding for new helmet
As of June 17, the Ultra, a smart LED helmet from Lumos, had drawn 11,666 backers and raised $1,372,710 on Kickstarter. The Ultra project will be launched, as its funding has passed its goal of $60,000 and still has until July 20 to collect more. Among the helmet’s features are ...
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News briefsFitbit introduces suite to detect asymptomatic Covid-19 infection
Fitbit is introducing a new package of products, called Ready for Work, that combines the tracking of vital signs with a number of other services. According to a press release, the purpose is to help employees check their state of health to determine whether they should go to work or ...
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News briefs
More insulation options from Thermore
Thermore has expanded its line of blow-in Ecodown fibers, offering five different options in terms of weights and thicknesses with its heat-regulating technology. That includes a new Ecodown Fibers Light version, which provides a soft, ultra-light and packable insulation that is said to be 20 percent warmer than comparable products. ...
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News briefs
Mike Ashley makes new investments in fashion
Frasers Group, the parent company of Sports Direct, continues with its portfolio investments in the fashion sector, acquiring a 5.1 percent stake in Hugo Boss in the form of shares and derivative put options. If the options are fully exercised, the total exposure would be worth a maximum of around ...
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News briefs
Vans opens its first store in Japan
Vans has inaugurated its first retail location in Japan, a three-story building in the Harajuku district of Tokyo. The first two floors are for footwear, apparel and accessories; and the third one for its skate collection. Three Japanese artists – Shigeki Matsuyama, Yutaka and Hirotton – were commissioned to produce ...
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News briefs
Vivobarefoot develops an amphibian shoe with Michelin
Vivobarefoot has launched a new “swim run” shoe, created in collaboration with Michelin. The Vivobarefoot Tempest is the first style in Vivobarefoot’s Extreme Survival collection. The shoe has been designed to enable an easy transition from trails to water. The pattern of the outsole, developed in collaboration with Michelin, mimics ...
