News Briefs – Page 320
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News briefs
Brooks to organize virtual Global Running Day
After setting up an online training platform with training materials, product information and videos, on April 8, Brooks Sports will now organize a virtual global running day. Runners are invited to participate in a “Brooks Global Running Day 5k” between June 3 and 7. Every runner will complete a virtual ...
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News briefs
Burton cancels 2021 snowboarding event
Burton Snowboards announced that the company had cancelled the 2021 edition of the Burton U.S. Open Snowboarding Championships, scheduled for March 1-6, 2021 at Vail Mountain Resort in Colorado, due to ongoing uncertainties around the Covid-19 pandemic. Burton’s chief executive, John Lacy, explained that it was a difficult decision as ...
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News briefs
Sportmaster managed to avoid staff cuts
In contrast with earlier reports, Russia’s biggest sporting goods retailer managed to avoid the threatened elimination of nearly 2,000 jobs from its payroll because of the retail lockdown introduced in Russia to slow down the spread of Covid-19. Roughly 1,800 Sportmaster employees found temporary jobs with some major Russian food ...
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News briefs
Temporary layoffs stop at XXL in Norway and Finland
A recovery in the demand for sporting goods products in Norway and Finland has led XXL to cancel all the temporary layoffs that it had announced on March 23 due to a considerable sales decline caused by the Covid-19 situation. Sales normalized in April and have picked up recently especially ...
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News briefs
Sports Direct blasts at delayed store reopenings
The Frasers Group, the British company formerly called Sports Direct International, announced on May 22 that it would continue to guarantee full payment of its employees’ wages in the U.K. through the end of this month, as it did in April, but it’s not sure whether it will continue to ...
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News briefs
Macron kits out Rugby Canada and more
Macron, the Italian teamwear specialist, will dress up all the national teams of Rugby Canada, the national rugby federation born in 1974 from the merger of two former federations, under a new longterm sponsoring agreement. Canterbury of New Zealand was the previous sponsor. Macron is already sponsoring the national rugby ...
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News briefs
Schildkröt's owner opts for rail freight for goods made in China
MTS-Sport, a German producer and distributor of sporting goods, has decided to rely on transportation by train for goods manufactured in China. Over the next few weeks, the company will increase the amount of rail freight and stop using transportation by boat. Due to production delays caused by the ...
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News briefs
Puma sponsors Iceland’s small football team
Puma is replacing on July 1 Italy’s Erreà after 20 years as technical sponsor of the Football Association of Iceland (KSI), providing the jerseys for its men’s, women’s and youth teams. Iceland will join other European national teams on Puma’s roster such as Italy, Austria, Serbia, Switzerland and the Czech ...
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News briefs
New management for Orvis
Simon Perkins has been appointed as the new president of Orvis, the leading American supplier and retailer of fly-fishing equipment, clothing and footwear. Starting immediately, he will take the place of Bill McLaughlin, who will work as an adviser during a transition period. Perkins is the son of Leigh Perkins, ...
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News briefs
Galeria Karstadt Kaufhof to centralize sports logistics
While threatening to close about one-third of its department stores, Galeria Karstadt Kaufhof (or Galeria), the new holding company formed in 2018 from the merger of the Galeria Kaufhof and Karstadt department stores, has decided to centralize the logistics for its sporting goods segment, using some extra capacities at its ...
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News briefs
Adidas launches reusable face mask
Adidas has launched its own washable face mask to help consumers battle the coronavirus pandemic. It is called Face Cover and is made from a soft and breathable material, using a minimum of 40 percent recycled content. Face Cover is not a medically graded mask nor a Personal Protective Equipment, ...
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News briefs
Italy’s sporting goods industry calls for public support
Assosport, the Italian Association of the Sporting Goods Industry, is urging the Italian government to adopt effective measures to help the sector recover, after three months of inactivity. In its opinion, the measures should include, among others, an exceptional reduced VAT rate of 4 percent on sporting goods until July ...
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News briefs
Technogym supports fitness clubs’ re-opening
Technogym’s Mywellness platform will be offering additional features to assist fitness clubs in their re-opening phase. During the lockdown, fitness facilities were able to connect with their members via the Mywellness platform, which allowed them to offer digital coaching and remote support services. Members of the Mywellness community will now ...
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News briefs
Decathlon steps up commitment to biodiversity
Decathlon has signed up to the ten principles of the Act4nature France initiative and has joined the Orée network, as part of an ongoing commitment to preserve biodiversity. Act4nature France (“Entreprises Engagées pour la Nature” in the original French version) was launched last December by the French government to help ...
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News briefs
Alibaba anticipates a slowdown in sales this year
Alibaba, the Chinese e-commerce giant, expects revenues to rise by about 27.5 percent to over 650,000 million yuan renminbi (€83,725.8m-$91,168.5m) in the current fiscal year after its top line rose by 35 percent to RMB 509,711 million (€65,647.3m-$71,487.9m) in the fiscal year ended on March 31. The company achieved its ...
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News briefs
ZDHC releases the Chemical Management System (CMS) framework
The Zero Discharge of Hazardous Chemicals (ZDHC) Foundation has released the ZDHC CMS (Chemical Management System) framework, which provides the textile, apparel and footwear industries with a united base to work from. The ZDHC Foundation helps companies in these industries reduce their chemical footprint. The CMS Framework is part one ...
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News briefs
Macron announces a virtual version of the Bologna Marathon
Macron, the Italian sportswear company based in Bologna, has announced a virtual replacement for the annual Bologna Marathon, which was supposed to take place on March 1. The brand is the official technical sponsor of the event. The first Bologna Virtual Marathon is scheduled to take place on June 5-6-7. ...
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News briefs
Good first “virtual” sales meetings from Europe
The first virtual sales conventions organized by Schöffel and Oberalp went well, according to the two companies. Schöffel’s 100-percent digital sales meeting was held on May 19 and 20, involving roughly 130 participants from about 15 different countries in all the major markets, more than originally expected. A total of ...
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News briefs
Ugg’s decline offset by Hoka One One and Teva
Despite headwinds from Covid-19, robust sales at Hoka One One and Teva helped limit the damage for Deckers Brands’ revenues in its fourth fiscal quarter, ended on March 31. The group’s quarterly sales declined by 4.9 percent to $374.9 million, or by 4.5 percent in constant currencies, while net income ...
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News briefs
Centric Brands goes bankrupt
Centric Brands has filed a voluntary application for Chapter 11 bankruptcy protection, with the support of Blackstone and other secured lenders who are providing $435 million in debtor-in-possession financing. The company said the proceedings will not impact its decision to reopen relevant locations. Centric Brands is a licensee for more ...
