News Briefs – Page 393
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News briefs
The Ispo Digitize Summit, which made its debut in June...
The Ispo Digitize Summit, which made its debut in June 2018, is being held for a second time on July 3-4 in Munich, just after the new OutDoor by Ispo trade show. The sports industry conference will be addressing five topics: Data Analytics & CRM, Digital Talents & Recruiting, Change ...
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News briefs
Puma and First Mile will launch a sustainable sportswear collection...
Puma and First Mile will launch a sustainable sportswear collection in 2020 consisting of shoes and apparel featuring utility pockets and outdoor elements. First Mile supports more than 4,000 people from low-income communities in Haiti, Honduras, and Taiwan in its collection network. Using the collected plastic bottles, which would otherwise ...
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News briefs
Puma has partnered with First Mile, a producer of recycled polyester...
Puma has partnered with First Mile, a producer of recycled polyester sourced from plastic refuse collected in low-income communities, on the launch of a sustainable sportswear collection made from recycled polyester. First Mile supports people from low-income communities in Haiti, Honduras and Taiwan in its collection network. The Puma x First ...
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News briefs
Adidas has partnered with the New Zealand men's rugby union...
Adidas has partnered with the New Zealand men's rugby union team, the All Blacks, to design new training apparel for the team made from recovered ocean plastic. The jersey is part of the first Adidas Parley rugby collection, which continues the brand's relationship with Parley for the Oceans, the ocean ...
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News briefs
Icebug claims to have become the first climate-positive outdoor shoe...
Icebug claims to have become the first climate-positive outdoor shoe company. After the summer of 2018, Icebug, which specializes in making shoes with a good grip, made the promise to be climate-positive by 2020. Since then, the issue has been a high priority for the company, which managed to achieve ...
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News briefs
On the 25th of every month, Bergans of Norway will...
On the 25th of every month, Bergans of Norway will cut the prices of its circular-economy services by 25 percent. The goal is to attract even more people to repair, rent or buy used products. The first price cut took place on Monday, March 25, and the offer will be ...
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News briefs
Hohenstein now offers wastewater testing, following its recent recognition by...
Hohenstein now offers wastewater testing, following its recent recognition by the Zero Discharge of Hazardous Chemicals (ZDHC) Program as a partnering wastewater testing laboratory. The ZDHC has the goal of significantly reducing or completely banning the use of harmful chemicals in the production process of textiles, leather and shoes. Hohenstein ...
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News briefs
The Open Apparel Registry (OAR) has been officially launched. The...
The Open Apparel Registry (OAR) has been officially launched. The tool is an open source global map and database of apparel factories worldwide, which assigns a unique ID number to each facility. The official launch follows a beta release last year and a series of improvements, based on consultation with ...
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News briefs
Eurazeo has sold its entire remaining stake of 4.8 percent...
Eurazeo has sold its entire remaining stake of 4.8 percent in Moncler, making a major capital gain with a total price of $445 million for the shares. It had invested €950 million to acquire a 45 percent stake in the Italian company in 2011, prior to its public offering. Meanwhile, ...
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News briefs
Amer Sports has announced the sale of Mavic, the brand...
Amer Sports has announced the sale of Mavic, the brand of bicycle components inherited from Salomon, to an American equity company, Regent. The price being paid for Mavic, which represented only about 3 percent of the group's sales, was not disclosed. There was no comment by the group about the ...
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News briefs
Mike Ashley is doing whatever he can to call all...
Mike Ashley is doing whatever he can to call all the shots at Debenhams, the struggling British department store chain in which Sports Direct International holds a 30 percent stake. He has pledged to relinquish his position as chief executive of SDI and to provide Debenhams with an interest-free loan ...
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News briefs
The insatiable Mike Ashley has made an indicative takeover offer...
The insatiable Mike Ashley has made an indicative takeover offer for LK Bennett, according to the Financial Times. This major U.S.-based shoe and apparel retail chain, which is positioned in the upper-middle segment of the market, recently filed for administration, the British equivalent of bankruptcy protection. Acting through Sports Direct ...
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News briefs
Tecnica Group is a winner of a Leonardo Italian Quality...
Tecnica Group is a winner of a Leonardo Italian Quality Prize 2018. The award honors companies for the quality of their products as well as their potential in terms of international and commercial prospects. The Quality Prize and the other Leonardo Prizes are presented every year by the Leonardo Committee ...
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News briefs
JD Sports is among the companies targeted by The Investment...
JD Sports is among the companies targeted by The Investment Association, the trade body that represents U.K. investment managers, for failing to have enough women on their boards. The Investment Association and the Hampton-Alexander Review sent a letter to 69 of the FTSE 350 companies, asking them to outline what ...
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News briefs
Andy Murray has taken a stake in Castore, the British...
Andy Murray has taken a stake in Castore, the British premium sports and casual menswear brand. The company did not unveil the financial details of Murray's investment. Meanwhile, the 31-year-old tennis player is also becoming the brand's global ambassador. The financial details of the sponsorship deal were not revealed either, ...
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News briefs
Skechers India is transitioning to a wholly-owned subsidiary of Skechers...
Skechers India is transitioning to a wholly-owned subsidiary of Skechers USA following the purchase by Skechers USA of a 49 percent stake in its Indian joint venture from Future Group. The financial details of the transaction have not been disclosed. This development is meant to accelerate expansion and to build ...
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News briefs
Skechers reports the opening of its 3,000th store. With a...
Skechers reports the opening of its 3,000th store. With a surface of 3,000 square meters, it is its largest mono-brand store in the world. It is located in the Chinese city of Shenyang. The store has an entertainment area for children and a large assortment of branded clothing to complement ...
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News briefs
Adidas has named the candidates standing for election to its...
Adidas has named the candidates standing for election to its supervisory board at the annual general meeting on May 9, as Frank Appel, Katja Kraus and Willi Schwerdtle will not be standing for reelection. New on the board would be Jing Ulrich, managing director and vice chairman for Asia-Pacific at JPMorgan ...
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News briefs
The Oberalp Group has appointed Andrea Carraro to the post...
The Oberalp Group has appointed Andrea Carraro to the post of general manager for footwear and technical equipment. He will be leading the development team for this products at the office in Montebelluna, and thereby working to increase the market share of the Salewa and Dynafit brands in the categories ...
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News briefs
Brooks Running has promoted Dan Sheridan to the new post...
Brooks Running has promoted Dan Sheridan to the new post of executive vice president and chief operating officer. In heading up the sales, e-commerce, digital, supply-chain and IT teams, Sheridan will be spearheading the enterprise and digital platforms as well as the wholesale business and distributor partnerships worldwide. Sheridan's two ...
