News Briefs – Page 517
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News briefs
Decathlon has withdrawn an advertising poster promoting ammunition for hunting...
Decathlon has withdrawn an advertising poster promoting ammunition for hunting migratory game birds in the city of Ajaccio, the capital of the French island of Corsica. It featured a bird accompanied by a large script reading as “special migration” (Migration Special). The message of the poster was diverted by Nordpresse.be, ...
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News briefs
The action sports section at Ispo Munich has been redesigned...
The action sports section at Ispo Munich has been redesigned for next year's edition, with a concept of polygonal modules in Hall B6. Providing suitable space for brands of all sizes, the new design is meant to put more emphasis on products and innovation, as well as sustainability. The hall ...
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News briefs
Our assumptions were right. Next year's European Outdoor Summit (EOS)...
Our assumptions were right. Next year's European Outdoor Summit (EOS) will be held in Italy. The venue will be the beautiful city of Venice. The 2017 edition of the EOS will be staged in partnership with the Italian Outdoor Group and Assosport, which recently agreed to join forces for this ...
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News briefs
Bright, the ten-year-old action sports trade show at Arena Berlin,...
Bright, the ten-year-old action sports trade show at Arena Berlin, is adding a new outdoor segment for its next session, scheduled for Jan. 17-19. It is proposing to host a selected number of streetwear and lifestyle-minded outdoor brands as well as more technical brands that connect design with functionality. Most ...
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News briefs
The Ispo Textrends section at Ispo Munich will introduce for...
The Ispo Textrends section at Ispo Munich will introduce for the first time an Eco Area next February for innovations that protect the environment while enriching the market. Furthermore, new products that are environmentally friendly will be given bonus points by an Ispo Award Eco judging panel.
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News briefs
Oeko-Tex has announced it will be featuring a new tagline...
Oeko-Tex has announced it will be featuring a new tagline “Confidence in Textiles” in every product logo. This has been timed to coincide with the associations' 25th anniversary next year. Oeko-Tex is an international body of independent research and testing institutes focused on improving product safety and sustainable production in ...
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News briefs
The University of Oregon announced that it has received a...
The University of Oregon announced that it has received a lead gift of $500 million from Nike's co-founder and his spouse, Phil and Penny Knight. The university said it was creating the Phil and Penny Knight Campus for Accelerating Scientific Impact, which is meant to fast-track scientific discoveries and to ...
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News briefs
Nike's draw for its self-lacing Mag sneakers has so far...
Nike's draw for its self-lacing Mag sneakers has so far raised $6.75 million for The Michael J. Fox Foundation (MJFF), which funds research for the development of a cure for Parkinson's disease. The sports brand and MJFF made the sneakers available to the public through an online draw that ran ...
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News briefs
Adidas has collaborated with Parley for the Oceans, an organization...
Adidas has collaborated with Parley for the Oceans, an organization dedicated to reducing plastic waste in oceans, on the first mass-produced footwear made of recycled plastic from oceans. Last year, the collaboration had created a 3-D printed prototype, which is now turning into actual pairs of shoes that customers can ...
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News briefs
Volcom has teamed up with Aquafil, the Italian yarn maker,...
Volcom has teamed up with Aquafil, the Italian yarn maker, on a women's swimwear collection for spring 2017 made with a fiber derived from entirely regenerated nylon waste materials. The Simply Solid collection is composed of 78 percent of the sustainable Econyl fiber, suitable for creating durable and lightweight garments ...
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News briefs
Nike is inviting designers, engineers and innovators to participate in...
Nike is inviting designers, engineers and innovators to participate in the Nike Ease Challenge, a competition for design ideas that will aid athletes of all abilities. The challenge, with $50,000 as its grand prize, is already open and submissions will be accepted until Dec. 15. The designers of the three ...
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News briefs
A large investment fund, Brookfield Asset Management, has taken advantage...
A large investment fund, Brookfield Asset Management, has taken advantage of the distressed price of Performance Sports Group (PSG) shares to accumulate a 13.2 percent stake in the company, which owns Bauer Hockey and other sports brands. The share price jumped by 16 percent to $4.16 on the news, but ...
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News briefs
Honma Golf, the Japanese maker of gold-plated golf clubs whose...
Honma Golf, the Japanese maker of gold-plated golf clubs whose customers include Donald Trump, the presidential hopeful, went public on the Hong Kong stock exchange a few days ago, raising proceeds of HK$1.26 billion (€147.5m-$162.4m), but its stock market capitalization fell to HK$5.5 billion (€643.7m-$708.9m) in early trading. The shares were ...
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News briefs
Air Liquide says it has entered exclusive negotiations for the...
Air Liquide says it has entered exclusive negotiations for the sale of Aqua Lung, its scuba diving equipment subsidiary, to Montagu Private Equity, the European investment fund previously known as HSBC Private Equity. The latest reported data show that Aqua Lung's revenues fell by 5 percent to €103 million in ...
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News briefs
Åre Skidfabrik, an alpine ski factory located in Åre, Sweden,...
Åre Skidfabrik, an alpine ski factory located in Åre, Sweden, has fully or partially taken over the production of skis for three Norwegian ski brands: SGN Skis, Stereo Skis and Moonlight Mountain Gear. According to Sportfack's news service, the three ski brands made the decision to move production from lower-cost ...
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News briefs
One of Germany's wealthiest men, Carsten Mashmeyer, has agreed to...
One of Germany's wealthiest men, Carsten Mashmeyer, has agreed to invest more than €750,000 to acquire a 20 percent stake in Glorify, the Austrian brand of supposedly unbreakable sports and sun glasses. He responded to an appeal for funding made on a popular TV show by the president of Glorify, ...
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News briefs
Carve Designs, a California-based producer of women's swimwear, beachwear, surfwear...
Carve Designs, a California-based producer of women's swimwear, beachwear, surfwear and beach-inspired apparel, has received a significant, unspecified investment from Warren B. Kanders, the executive chairman of Black Diamond. He also chairs Mountain Khakis and Safariland. Thayler Sylvester and Jennifer Hinton, who founded Carve Designs in 2003, will continue to ...
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News briefs
Moncler, one of the stars on the Milan stock exchange,...
Moncler, one of the stars on the Milan stock exchange, lost 2 percent of its value, going down to €15.28 a share, after analysts heard that its major shareholder, Eurazeo, divested 6 percent of the company's equity for €230 million. The investment fund's stake in Moncler has thus declined to ...
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News briefs
361 Degrees announced that it has no outstanding notes in...
361 Degrees announced that it has no outstanding notes in issue, following the early redemption of all senior 7.5 percent notes that were due in 2017. The last batch of notes, worth a total of 306,920,000 yuan renmimbi (€41.36m-$45.71m) was redeemed in full on Oct. 5. All the notes have ...
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News briefs
Nike will begin construction in mid-2017 of a sixth building...
Nike will begin construction in mid-2017 of a sixth building at its world headquarters in Beaverton, Oregon, adding about 360,000 square feet of office space and 330,000 square feet for parking to its campus. As for other buildings under development, it will aim for LEED Platinum Certification as part of ...
