News Briefs – Page 381
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News briefs
Reebok has been chosen as the official human performance partner...
Reebok has been chosen as the official human performance partner of the Navy Seal Foundation, the charity that supports and assists the U.S. Naval Special Warfare (NSW) community and its families. The partnership is meant to raise awareness around human performance and the benefits that fitness can provide to cope ...
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News briefs
Fifa (Fédération Internationale de Football Association) has launched a virtual...
Fifa (Fédération Internationale de Football Association) has launched a virtual hackathon, in partnership with Github, entitled “Give Voice to Football.” The organization called upon developers to propose ideas and prototypes relating to the usage of voice assistants to interact with football events and football data. In particular, Fifa focused on ...
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News briefs
Gary Burrell, co-founder of Garmin International, a unit of Garmin...
Gary Burrell, co-founder of Garmin International, a unit of Garmin Ltd., died on June 12 at the age of 81. Burrell was an electrical engineer specializing in integrated avionics, designing and developing the first successful combined navigation receiver and communications transceiver (nav/comm) for the general aviation market. He held executive ...
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News briefs
Rallye, the French parent company of the Go Sport chain...
Rallye, the French parent company of the Go Sport chain of sporting goods stores, has been granted a request for voluntary insolvency, with six months to come up with an acceptable plan to cope with its high net debt of more than €3.2 billion. The company pointed out that its ...
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News briefs
The battle for control of Netshoes, the biggest sports e-tailer...
The battle for control of Netshoes, the biggest sports e-tailer in Latin America, is escalating. As reported in our last issue, Magazine Luiza initially made a bid for Netshoes at $2.00 per share, valuing the company at $62 million. Late last month, Grupo SBF, which owns the big Centauro chain ...
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News briefs
Alpargatas is wrapping up the sale of its textile plant...
Alpargatas is wrapping up the sale of its textile plant in Catamarca, the group's final asset in that province of Argentina. The plant currently has a staff of 90. The move follows a country-wide reduction in activity for the Brazilian footwear group. Last year, it closed plants in Chaco and ...
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News briefs
Asics Ventures has taken a stake in Aura Vision, a...
Asics Ventures has taken a stake in Aura Vision, a two-year-old company based in London whose pioneering technology gathers data from the existing security cameras in retail stores to track in-store traffic. It can distinguish age, gender and other demographics without relying on facial recognition, which is prohibited under GDPR ...
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News briefs
The Authentic Brands Group (ABG) has completed the acquisition of...
The Authentic Brands Group (ABG) has completed the acquisition of the intellectual property of Sports Illustrated (SI) from Meredith Corp. for $110 million. The acquisition will give ABG the right to key events like Sportsperson of the Year and the possibility to use the brand to produce other new events ...
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News briefs
Scott Sports has acquired a majority share in Bold Cycles,...
Scott Sports has acquired a majority share in Bold Cycles, a Swiss start-up best known for its hidden rear shocks. Both companies are based in Biel, Switzerland. Bold will remain an independent company, but will be strategically supported by Scott for sourcing, logistics, global distribution and marketing. Vincenz Droux, Bold's ...
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News briefs
Golf Digest has been sold by Condé Nast to Discovery....
Golf Digest has been sold by Condé Nast to Discovery. The acquisition is to support Discovery's GOLFTV OTT platform, which will now house Golf Digest content, alongside its existing coverage of the PGA Tour, European Tour and Ladies European Tour. Discovery is also expanding its 12-year partnership with the PGA ...
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News briefs
Mascot Bidco, the investment vehicle of Anta Sports Products and...
Mascot Bidco, the investment vehicle of Anta Sports Products and other investors for the takeover of Amer Sports, said earlier this month that the District Court of Helsinki decided on May 8 to appoint a trustee, Timo Kaisanlahti, as an arbitrator to help finalize the redemption of the remaining shares ...
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News briefs
Vibram is celebrating the 10th anniversary of the Vibram Technological...
Vibram is celebrating the 10th anniversary of the Vibram Technological Center (VTC) in Guangzhou, China. The facility is an innovation hub where the Italian brand studies innovative compounds and technologies and creates prototypes of new products prior to launching them on the market. The VTC staff operates in close synergy ...
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News briefs
Tretorn is developing its online business with the aim of...
Tretorn is developing its online business with the aim of boosting the proportion of online transactions with consumers and through retailers and internet marketplaces. The long-term goal is for online sales to account for 40 percent of total sales. To achieve it, a new team of three employees has been ...
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News briefs
Aigle's owner, Maus Frères, has announced the appointment of Sandrine...
Aigle's owner, Maus Frères, has announced the appointment of Sandrine Conseiller as the new president of the Aigle brand. Conseiller spent 20 years at Unilever, where she held evolving roles, from brand manager up to vice president. Most recently, she was marketing and brand director of Lacoste, which is also ...
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News briefs
Woolrich International has appointed Stefano Saccone as its new chief...
Woolrich International has appointed Stefano Saccone as its new chief executive. Saccone joins from VF Corp., where he spent seven years, most recently as vice-president/general manager of Vans. Prior to VF Corp., he held marketing roles at Ralph Lauren, and served as general manager of sportswear and action sports at ...
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News briefs
Adidas has promoted Neelendra Singh to general manager for India....
Adidas has promoted Neelendra Singh to general manager for India. He takes over the role from Dave Thomas, who has been appointed as Adidas' managing director for emerging markets. Singh, who was previously senior vice-president of global DTC and franchise, will continue to report to Dave Thomas. Singh joined Adidas ...
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News briefs
Mizuno Iberia has made Josep Maria Munill its new sales...
Mizuno Iberia has made Josep Maria Munill its new sales director. For the past several months, Munill has been working with Oliver Strenguetto, who runs the Iberian subsidiary, to establish the Japanese company's sales team on the peninsula. Munill has otherwise spent his 20-year career at Fila, as sales director ...
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News briefs
Primaloft has announced the appointment of Zoltan Kelemen as the...
Primaloft has announced the appointment of Zoltan Kelemen as the new territory sales manager for the U.K., Benelux (Belgium, Netherlands, Luxemburg) and Denmark. He replaces Wim Neels, who has become vice-president of business development of fashion and lifestyle global, still at Primaloft. In his new role, Kelemen will report to ...
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News briefs
Callaway Golf has agreed to pay 2 billion yen (€16.4m-$18.5m)...
Callaway Golf has agreed to pay 2 billion yen (€16.4m-$18.5m) for the 48 percent stake it does not already own in its Japanese joint venture with TSI Groove & Sports Co. The price gives a valuation of nine times projected Ebitda for 2019 for the operation, which includes a subsidiary ...
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News briefs
Like Polygiene of Sweden (see the article in this issue),...
Like Polygiene of Sweden (see the article in this issue), HeiQ of Switzerland is expanding its international operations. It has just announced the establishment of subsidiaries in Shanghai and Taiwan to serve clients in the region. The two operations will be led by officials who have had close to 20 ...
