News Briefs – Page 488
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News briefs
Nike is one of the global brands that recently joined...
Nike is one of the global brands that recently joined other brands at a meeting organized in London to commit to the use of 100 percent sustainable cotton by 2025. The high-level meeting, which took place in the presence of HRH The Prince of Wales on May 24, was organised ...
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Lenzing has announced the launch of EcoVero, an eco-friendly viscose...
Lenzing has announced the launch of EcoVero, an eco-friendly viscose fiber which the Austrian company describes as a new benchmark for the industry. The new fiber is said to be based on sustainable wood resources, an ecological production process and a fully transparent supply chain. Lenzing claims its wood is ...
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Virgin Media has announced it will be donating its sponsorship...
Virgin Media has announced it will be donating its sponsorship of Southampton Football Club's shirts to Scope for a one-off match in order to raise awareness of the issues faced by disabled fans in the stands. Scope is a disability charity operating in England and Wales. The match was the ...
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News briefs
Anta Sports is offering a tranche of bonds worth a...
Anta Sports is offering a tranche of bonds worth a total of 3.6 billion yuan renmimbi (€468.5m-$522.5m) to pay down debt and for other corporate purposes. The Chinese company had debts of less than one billion renminbi (€130.2m-$145.2m) on its balance sheet at the end of last year. The offering has received ...
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News briefs
Sports Direct has raised its stake in Debenhams, the British...
Sports Direct has raised its stake in Debenhams, the British department store chain, from 16.0 percent to 17.08 percent. The move can be regarded as more than just a financial investment as Sports Direct has concessions in several Debenhams stores in the U.K.
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News briefs
Brooks Running Company, a subsidiary of Berkshire Hathaway, has announced...
Brooks Running Company, a subsidiary of Berkshire Hathaway, has announced that it will expand its global footprint with entry into two new markets – China and Brazil - starting in July of this year. In China, Brooks' products will be available online through T-Mall and Amazon as well as at ...
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News briefs
Marco Boglione, chairman of BasicNet, is taking over the minority...
Marco Boglione, chairman of BasicNet, is taking over the minority stakes of his brothers Enrico and Francesco in Basic World, the family holding company which owns 36.65 percent of BasicNet's shares. Both Enrico and Francesco, who are involved in other sectors, own 4.7 percent of Basic World. They will be ...
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News briefs
The Fenix Outdoor group has a new shareholder, Bestseller United,...
The Fenix Outdoor group has a new shareholder, Bestseller United, a Danish fashion group that already has stakes in Zalando and Asos, among others. Bestseller United is the holding company for Bestseller, the company behind several fashion brands. They include Jack & Jones, Vero Moda and Vila along with J. ...
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News briefs
Emerald Exposition Events, which owns Outdoor Retailer, Surf Expo, Interbike...
Emerald Exposition Events, which owns Outdoor Retailer, Surf Expo, Interbike and many other trade shows in the U.S., opened with a share price of $21.60 on the New York Stock Exchange today, giving it a market capitalization of $1.6 billion. The company and some of its shareholders started offering 15.5 ...
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News briefs
Claire Jenkins has resigned as a member of Sports Direct's...
Claire Jenkins has resigned as a member of Sports Direct's board of directors with immediate effect. The former manager of Rexam had been appointed as non-executive director six years ago. She was the only female director on the board. Her departure, for which no formal explanations were given, comes after ...
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Richard Tooby has been designated as the new chairman of...
Richard Tooby has been designated as the new chairman of Polygiene, the Swedish developer of odor control solutions for garments. Tooby, who comes from the chemicals industry, has been an independent director of the board since October 2015. He will take the place of Lennart Holm, who became chairman at ...
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News briefs
Sport Finance has moved Philippe Sachet from the U.K. to...
Sport Finance has moved Philippe Sachet from the U.K. to Spain to run Kappa Sport Iberia, taking the place of Francisco Cuesta after eight years. Sachet was previously working under Mark Ward, who has been running the British subsidiary of Sport Finance Distribution for two years. Sport Finance is the ...
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News briefs
Allan Vad Nielsen has been appointed as chief executive at...
Allan Vad Nielsen has been appointed as chief executive at Hummel, the Danish sports brand, after the abrupt dismissal of Søren Schriver earlier this year. Nielsen has spent most of his career at Bestseller, the Danish fashion group that owns Jack & Jones and Vero Moda, among others. He has ...
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News briefs
Supra has hired Kara Duffy as the brand's new senior...
Supra has hired Kara Duffy as the brand's new senior global director of product, with immediate effect. She will report directly to Cape Capener, the brand's president. Most recently, Duffy was global director of footwear operations at DC Shoes, part of Quiksilver. In her new role at Supra, she will ...
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News briefs
Bryan Timm is leaving as president and chief operating officer...
Bryan Timm is leaving as president and chief operating officer of Columbia Sportswear, after 20 years with the company. The company says his responsibilities will be handled by other senior managers while it goes through a reassessment of its operating model. Tim Boyle, chief executive of the group, says Timm ...
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Fenix Outdoor International, the company that owns three leading European...
Fenix Outdoor International, the company that owns three leading European outdoor retailers along with Fjällräven and several other outdoor brands, has agreed to take a stake of 75 percent in Alpen International, its distributor in South Korea. Fenix says the takeover will be made through a share issue, which is ...
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News briefs
Electric California has signed a master franchising deal for Europe,...
Electric California has signed a master franchising deal for Europe, the Middle East and Africa with Pilot Fish, a company in the French city of Biarritz that specializes in the distribution of emerging brands in the action sports sector. The brand of sunglasses was previously distributed in Europe by Volcom, ...
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News briefs
Sport 2000 has introduced a new concept for the S2...
Sport 2000 has introduced a new concept for the S2 stores in France. S2 Sneakers Specialist, formerly S2 Street and Sport, is described as focusing particularly on digital tools and customization. The colors of the banner, black and yellow, have remained unchanged. The new store concept was presented in Nancy ...
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News briefs
Sports Direct is opening a six-level megastore in Dublin. The...
Sports Direct is opening a six-level megastore in Dublin. The new 37,000-square-foot store is located in North Earl Street, on the premises that were once occupied by the Boyers department store. The store will offer 250 brands and feature around 50,000 products, for both children and adults, covering 30 sport ...
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News briefs
Ochsner Sport, the Swiss sporting goods retailer, has relaunched its...
Ochsner Sport, the Swiss sporting goods retailer, has relaunched its online store in cooperation with KPS, a business consultancy based in Munich. Ochsner Sport's new online store combines e-commerce with marketing and is based on technologies from SAP and Adobe. The Swiss retailer, which is part of the Deichmann group, ...
