News Briefs – Page 51
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News briefsTiger Woods and Nike part ways
Golf star Tiger Woods revealed on social media that his cooperation with Nike Golf, which lasted 27 years, has come to an end. His last 10-year contract extension was signed in 2013, which reportedly paid him around $200 million. Woods wrote, “There will certainly be another chapter,” but gave no ...
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News briefsGerman consumer sentiment deteriorates
After the consumer mood in Germany recovered at the end of 2023, consumers are once again more pessimistic about the future in the new year. This was revealed by the consumer barometer for January published by the German Retail Association (HDE), which is compiled monthly by the Handelsblatt Research Institute ...
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News briefsUnited Sports Brands with new CEO
Source: United Sports Brands Phil Gyori, Chief Executive Officer California-based United Sports Brands (USB), the parent company of Pearl Izumi, Shock Doctor, McDavid, Cutters, Nathan and Glukos, has appointed Phil Gyori as its new Chief Executive Officer. His appointment comes in the weeks following the acquisition of ...
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News briefsFIP and FEP to collaborate in Spain
The International Padel Federation (FIP) and the Spanish Padel Federation (FEP) have joined forces to hold the FIP’s Platinum and Gold tournaments in Spain, to be organized in conjunction with the federations of the country’s autonomous regions. Platinum tournaments have a prize pool of €120,000, and Gold tournaments have a ...
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News briefsFila Holdings promotes Fila USA President Klein to Global Brand President
Source: Fila Holding Todd Klein Fila Holdings announced a new leadership structure on Jan. 8, naming Todd Klein, President of Fila USA, as the new Global Brand President. Klein will report to Fila Holdings and join the board of Fila Luxembourg, a wholly owned subsidiary of Fila ...
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News briefsAuthentic partners with BBC Int'l for DC Shoes in USA, Canada
Authentic Brands Group has partnered with Florida-based BBC International for its skateboarding, snowboarding and street lifestyle brand DC Shoes. Under this agreement, BBC will handle the global design, wholesale distribution and sourcing of DC Shoes footwear and snowboard boots in the US and Canada. BBC is a full-service footwear company ...
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News briefsMacron is Barbarian F.C.’s new technical partner
Barbarian F.C., one of the most famous names in rugby, has entered 2024 with a brand new partnership with Italian teamwear brand Macron. The rugby club does not have its own clubhouse but is a global club at home wherever rugby is played. The club’s history began in 1890 and ...
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News briefsTikTok and Peloton enter exclusive partnership offering short-form fitness classes
Connected fitness company Peloton and social media short video platform TikTok have announced an exclusive partnership to bring Peloton’s workout content to the TikTok community. The result is a new fitness hub on TikTok called #TikTokFitness, where Peloton will create its own co-branded hub with customized Peloton content: #TikTokFitness Powered ...
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News briefsPuma presents Natural Performance collection with Mercedes-AMG Petronas F1
Puma and the Mercedes-AMG Petronas Formula 1 Team have unveiled the Natural Performance collection for SS2024, represented by F1 driver George Russell. According to Puma, bionics is the driving force behind the collection, as the designers were inspired by nature’s functions and forms, resulting in a clean and organic ...
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News briefsBrooks appoints new VP of Apparel and Accessories
Gabriel Rodriguez has returned to Brooks Running. Having previously worked for the company as Field Marketing Representative from 2007 until 2010, he has now been appointed VP of Apparel and Accessories. In this role, he is responsible for the design, development, product management and merchandising of apparel and accessories for ...
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News briefsAmer Sports files registration statement for planned IPO in the US
Finnish Amer Sports, Inc., which includes the Arc’teryx, Salomon, Wilson, Peak Performance and Atomic brands, among others, announced on Jan. 4, 2024, that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. The ...
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News briefsUS Sports & Fitness Industry Association Chairman re-elected
The US Sports & Fitness Industry Association (SFIA) announced the re-election of Jonathan Ram, Chief Executive Officer of Clarks, as Chairman of the SFIA Board of Directors for the 2024 term. In addition, Isabel Coscia, Senior Vice President of Marketing at Technogym, Ryan Cruthirds, Chief Digital Commerce and Brand Development ...
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News briefsAdidas to set up GCC in East India
According to reports in Indian media, Adidas is setting up its first and only global capacity center (GCC) in Asia outside China in the eastern Indian city of Chennai. The location will enable the company to focus on key processes within the organization. Adidas has a headquarters in Gurugram, but ...
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News briefsPGA Tour and LIV Golf extend merger deadline into 2024
A framework agreement between the PGA Tour and the Saudi Arabia-backed LIV Golf league for the men’s golf circuits to merge was announced on June 6, and the two parties had originally set Dec. 31, 2023, as the deadline for the conclusion of the deal. Merger talks have now been ...
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News briefsJD.com wins anti-monopoly lawsuit against Alibaba
Chinese e-tailer JD.com has announced that it has won an antimonopoly lawsuit against Alibaba Group, Reuters reported. According to the High People’s Court of Beijing, Tmall, Alibaba’s brand platform, abused its market dominance and adopted monopolistic practices known as “choose one from two,” causing JD.com serious damage. Alibaba Group Holding ...
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News briefsHall of Famer joins USA Pickleball as VP of Competition
USA Pickleball, the national governing body for the sport of pickleball in the US, has appointed Steve Wong as Vice President of Competition. In this role, Wong will lead USA Pickleball’s competition department, focusing on expanding and streamlining all sanctioned tournaments, including national championships, regional tournaments and general sanctioning. ...
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News briefsSport Achat Hiver: Jan. 29-31 in Grenoble
The French trade show Sport Achat Hiver will take place this year from January 29 to 31 at the Alpexpo in Grenoble. The event will welcome over 4,000 professionals from the outdoor industry to the 20,000 sqm exhibition center. If you would like to attend Sport Achat ...
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News briefsSportsShoes.com partners with Parkrun
SportsShoes.com has announced a global partnership with community event network Parkrun. The UK online running shoes, running clothing and outdoor gear retailer is now the exclusive official retail partner of Parkrun in the UK, supporting the global Parkrun community with the sourcing and distribution of Parkrun’s range of merchandise. This ...
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News briefsSkechers opens distribution hub in Mumbai
Skechers opened a national distribution center near Mumbai, India. The 55,700-sqm facility is located in the Lodha Industrial and Logistics Park in Kalyan and has the capacity to dispatch up to 60,000 pairs of shoes daily. The site represents the initial phase of a strategic partnership to develop a 102,000-sqm ...
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News briefsSelfridges seeks debt financing after Signa insolvencies
Following the wave of insolvencies that have hit the Signa Group, British department store chain Selfridges Group is reportedly in talks with the Thailand-based Central Group to negotiate future financing to settle outstanding debts. Signa bought Selfridges together with Central Group last year for £4 billion. Central became the majority ...
