News Briefs – Page 346
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News briefs
Odlo has announced a partnership with the Lausanne 2020 Organising...
Odlo has announced a partnership with the Lausanne 2020 Organising Committee of the Third Winter Youth Olympic Games, which will be held in Lausanne in January 2020. As an official partner of the Games, the Swiss brand will provide the 3,500 volunteers with uniforms in the colors of Lausanne 2020, ...
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The Big Gear Show (TBGS), a new American outdoor industry...
The Big Gear Show (TBGS), a new American outdoor industry show focusing on hardgoods, paddling, cycling, climbing and camping, has announced that its first event will take place on July 21-25, 2020, at the Calvin L. Rampton Salt Palace Convention Center in Salt Lake City, Utah. Cycling will be a ...
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News briefs
Ispo has been the exclusive digital host of the Rocket...
Ispo has been the exclusive digital host of the Rocket League World Championships in Germany since November. The live broadcast on its own channels, with commentaries in German, is a continuation of Ispo's commitment to eSports. The Rocket League Championship Series has been the championship for the best teams from ...
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Decathlon has committed to reducing its emissions of CO2 sufficiently...
Decathlon has committed to reducing its emissions of CO2 sufficiently to help limit the warming of the earth's climate to 1.5 degrees Celsius above pre-industrial levels and ensure a net-zero change after that. In other words, it has joined the #OurOnlyFuture campaign launched by the United Nations and various business ...
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The Renewal Workshop, a provider of circular solutions for apparel...
The Renewal Workshop, a provider of circular solutions for apparel and textile brands, has raised $5.5 million in Series A financing. The Oregon-based company is working with brands like The North Face, Eagle Creek, Osprey, Pearl Izumi, and Prana to renew existing products, analyzes companies' operations, and provides a “circular ...
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A notable boost in production is on the cards for...
A notable boost in production is on the cards for the ZQ natural fiber produced by the New Zealand Merino Company. Through a collaboration with VF Corporation, its affiliated ZQ farmers will receive long-lasting supply commitments from VF subsidiaries such as Icebreaker and Smartwool. The farmers will get more than ...
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News briefs
On its inaugural Checkerboard Day, which took place on Nov....
On its inaugural Checkerboard Day, which took place on Nov. 21, Vans put its headquarters on pause, donated about $1 million to Imagination.org and announced the Vans Checkerboard Fund, which will support charities worldwide that “enable creative expression through Vans' core pillars of action sports, art, music and street culture.” ...
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New Balance is adopting Gap's Personal Advancement & Career Enhancement...
New Balance is adopting Gap's Personal Advancement & Career Enhancement training program for female employees in its global supply chain, who account for 80 percent of its workforce. For Monica Gorman, vice president of responsible leadership and global compliance, the program is meant to “give them the skills and confidence ...
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News briefs
Ortovox wants to go further after being awarded Leader Status...
Ortovox wants to go further after being awarded Leader Status by the Fair Wear Foundation (FWF) for the second consecutive year for its progressive commitment to safe and healthy working conditions, viable wages and reasonable working hours throughout the supply chain. Leader Status is the highest award for fair working ...
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News briefs
Reebok is working to turn plant matter into a running...
Reebok is working to turn plant matter into a running shoe that it plans to release in autumn 2020 as part of the brand's commitment to reduce the use of petroleum-based plastics in footwear. The Forever Floatride Grow, as the shoe is called, revamps the Forever Floatride Energy and draws ...
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News briefs
Sports Direct International is going to change its name to...
Sports Direct International is going to change its name to Frasers Group, following its acquisition of House of Frasers, the struggling British chain of department stores. The move, which is supposed to improve its image, is likely to be approved by shareholders at a meeting in mid-December as the company's ...
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News briefs
After divesting Courir, its chain of athletic footwear stores, the...
After divesting Courir, its chain of athletic footwear stores, the Go Sport Group has entered negotiations to sell off its Go Sport Montagne franchise to Skiset, a group founded in 1994 that is now operating 900 ski-rental stores internationally. Go Sport launched the franchise three years ago as a complement ...
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News briefs
Roger Federer owns both 20 Grand Slam trophies and more...
Roger Federer owns both 20 Grand Slam trophies and more than 250 pairs of sneakers. Now, as retirement from professional tennis approaches, the Swiss tennis champion has signed something more than an endorsement deal with On Running, the Swiss brand of running shoes. He has taken an unspecified financial stake ...
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News briefs
Anta Sports Products, which had a 57.95 percent stake in...
Anta Sports Products, which had a 57.95 percent stake in the consortium that bought Amer Sports earlier this year, will no longer have to include and report Amer's figures, which have been dilutive, in its consolidated income statements. Anta is shedding 5 percent of its economic interest in the group ...
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News briefs
The consortium led by Anta Sports Products that bought Amer...
The consortium led by Anta Sports Products that bought Amer Sports last month is exploring the possible sale of its U.S.-based fitness equipment brand, Precor, according to Bloomberg. The report indicates that several potential buyers have shown interest in the brand, which could fetch about $500 million. Prior to its ...
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Nike has invested in and signed an intellectual-property licensing deal...
Nike has invested in and signed an intellectual-property licensing deal with Handsfree Labs, whose devices enable people to put shoes on without using their hands. The companies have not disclosed the terms of the investment. Strategically, however, remarks from Tom Clarke, Nike's president of innovation, have suggested a link with ...
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News briefs
New Balance has partnered with Unmade, a provider of fashion...
New Balance has partnered with Unmade, a provider of fashion customization software, for a shoe called the Unmade x New Balance 111 Knit. On the brand's NB1 customization platform, customers can choose any of three graphic patterns and six colorways, along with some text. The platform will then display the ...
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News briefs
Pon Bike has acquired Urban Arrow, a Dutch brand of...
Pon Bike has acquired Urban Arrow, a Dutch brand of electric cargo bikes. Pon has disclosed no financial details about the acquisition. Founded in Amsterdam in 2010 by Jorrit Kreek and Gerald van Weel, Urban Arrow operates in 20 countries and employs a staff of 60 at its headquarters and ...
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News briefs
The producers of the Gi Fly, the “one-second full-size folding...
The producers of the Gi Fly, the “one-second full-size folding e-bike,” are seeking an industrial partner to scale up in Europe and elsewhere in the world. The bike is a “project” at a company called Bignay, a consultancy and product developer whose method is to “combine software and hardware to ...
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News briefs
Spin Capital, a Munich-based investment company, has expanded its sports...
Spin Capital, a Munich-based investment company, has expanded its sports portfolio with the acquisition of a majority stake in the Freeride Film Festival and the winter camp's organizer, The Freeride Experience. Spin acquired the avalanche backpack specialist ABS Protection two years ago and the eco-sports apparel label Pyua one year ...
