News Briefs – Page 395
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News briefs
Solvay and Lenzing have joined forces on the development of...
Solvay and Lenzing have joined forces on the development of a new sustainable fabric that combines two of their products: Amni Soul Eco biodegradable polyamide and Tencel-branded lyocell, respectively. The new fabric features Tencel on the back and Amni Soul Eco on the front. The Tencel side of the fabric ...
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News briefs
Puma has announced that its use of cotton from sustainable...
Puma has announced that its use of cotton from sustainable sources reached 50 percent in 2018, two years earlier than the scheduled target of 2020. According to the company's estimates, the use of sustainable cotton, such as cotton from the Better Cotton Initiative (BCI), has reduced its water consumption by ...
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News briefs
Under Armour (UA)'s social compliance program has been accredited by...
Under Armour (UA)'s social compliance program has been accredited by the Fair Labor Association (FLA), the multi-stakeholder organization that monitors labor standards in order to promote and protect workers' rights and improve conditions in the workplace. The accreditation follows a multi-year examination of a company's labor compliance program that supports ...
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News briefs
The Skechers Foundation's tenth annual Pier to Pier Friendship Walk,...
The Skechers Foundation's tenth annual Pier to Pier Friendship Walk, in October 2018, raised more than $2 million. As a result, Skechers has now distributed checks totaling more than $1 million to six educational foundations and delivered a seventh check – for about $600,000, in its largest single donation to ...
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News briefs
Adidas has announced in a tweet that its sponsored players...
Adidas has announced in a tweet that its sponsored players on the winning team in the upcoming 2019 Fifa Women's World Cup, starting in France on June 7, will get the same performance bonus as their male counterparts. The announcement was made just hours after it was revealed that the ...
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News briefs
Puma's supervisory and management boards are proposing a 10-for-1 stock...
Puma's supervisory and management boards are proposing a 10-for-1 stock split for its equity at the company's general meeting on April 18. They are also proposing to use company funds to raise the share capital by €112,213,532 to €150,824,640. The number of shares will be raised by a factor of ...
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News briefs
Rallye has confirmed the finalization of the sale of the...
Rallye has confirmed the finalization of the sale of the French Courir chain of athletic footwear stores to Equitone Partners Europe for €283 million. With 236 stores at the end of 2017, the chain had made that year a profit of €17.5 million on sales of €332 million. According to ...
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News briefs
Belle International, the largest Chinese operator of athletic footwear stores...
Belle International, the largest Chinese operator of athletic footwear stores for international brands, is planning to go public again with a valuation of $2.87 billion, according to Reuters. The company was taken private in 2017 with a valuation of $6.8 billion by a group of investors led by its management, ...
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News briefs
Made for Sport (MFS), a recently formed distributor, has reached...
Made for Sport (MFS), a recently formed distributor, has reached a licensing agreement with the undisclosed investment group that purchased Sport Enebe, the defunct Spanish sporting goods brand from Alicante, according to CMDsport. MFS, which is also headquartered in Alicante, will be producing and marketing Sport Enebe's line of table ...
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News briefs
Rossignol has confirmed the restructuring of its subsidiary Time Sport...
Rossignol has confirmed the restructuring of its subsidiary Time Sport International, the French manufacturer of high-end road bicycles and accessories. In a recent interview with the French newspaper Dauphiné Libéré, Bruno Cercley, the group's chairman, confirmed that 29 jobs out of 43 will be lost in Voreppe, in France's Isère ...
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News briefs
Asics has appointed Gary Raucher to take responsibility for marketing,...
Asics has appointed Gary Raucher to take responsibility for marketing, merchandising and product in Europe, the Middle East and Africa (EMEA). As an executive vice president of Asics EMEA, he will lead a newly instituted Category organization to drive growth in running, core performance sports and sports style in the ...
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News briefs
Engelhorn, the big German sports and fashion retailer based in...
Engelhorn, the big German sports and fashion retailer based in Mannheim, has placed both parts of its business in the hands of Armin Weger, who had been running Engelhorn Sports since 2015. He is also taking over the functions of Oliver Beuthien, who is leaving the company after running the ...
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News briefs
K2 Sports Europe has appointed Max Anselstetter as its new...
K2 Sports Europe has appointed Max Anselstetter as its new marketing manager and Sebastian Schmitz as its new marketing coordinator. Anselstetter was hired in 2012 as European marketing coordinator for K2 Snowboarding, adding BCA (Backcountry Access) to his duties in 2014. He assumed his new post late last year, with the ...
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News briefs
Jeff Mechura is taking the place of Gary Fleming as...
Jeff Mechura is taking the place of Gary Fleming as the new president and chief executive of Elan Sports USA, an independent subsidiary of the Slovenian company ski company. Mechura will oversee the Elan Sports USA office in Lebanon, New Hampshire, liaising with the group's headquarters in Begunje, Slovenia. Hired ...
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News briefs
At the start of May, Charles Wolf Joner will become...
At the start of May, Charles Wolf Joner will become the general manager for Europe, the Middle East and Africa (EMEA) at Mustad, the leading Norwegian maker of hooks and fishing tackle. He is at present managing director of sales and marketing at Pure Fishing in Norway. Joner has about ...
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News briefs
Bogner, the German luxury sports brand, has appointed Gerrit Schneider...
Bogner, the German luxury sports brand, has appointed Gerrit Schneider as chief financial officer. The 45-year-old will be responsible for finances, IT and human resources. Schneider succeeds Marcus Breyer, who left the company at his own request. Before joining Bogner, Schneider worked as chief financial officer in the aviation division ...
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News briefs
Poc, the Swedish sportswear specialist, recently appointed Kolja Plegt to...
Poc, the Swedish sportswear specialist, recently appointed Kolja Plegt to the position of European sales director. For the past five years, Plegt has worked as key account manager at Poc. Plegt replaces Hans Schlick and Sven Taube, whose positions have been combined into one. He will be responsible for sales ...
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News briefs
Eram has appointed Julien Bianchi as the new managing director...
Eram has appointed Julien Bianchi as the new managing director of TBS. He succeeds Jean-Marc Taillieu, who left TBS in September 2018. Bianchi has 15 years of experience in the sports and footwear sectors. He has previously worked at Kappa Europe (formerly Sport Finance), La Halle and venteprivée.com. TBS will ...
