News Briefs – Page 54
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News briefs
SportFits joins Sport 2000
The southern German outdoor and winter sports online retailer SportFits (TouriSpo GmbH & Co. KG) has joined the Sport 2000 network. The new partnership strengthens Sport 2000’s position in e-commerce and emphasizes its commitment to digital innovation in sports retail. SportFits recently moved into the modern company headquarters in Salzweg ...
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News briefs
Alpargatas hires Mondelez exec as CEO
Liel Miranda, CEO of Mondelez International’s Brazil business unit since 2019, will join the publicly traded Brazilian footwear company Alpargatas as CEO on Feb. 1, 2024. He will replace the group’s interim CEO Luiz Fernando Edmond, who will remain a member of the company’s Board of Directors.
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News briefs
Inditex sales increase 14.9% in first 9 months at constant exchange rates
In the nine months to Oct. 31, the sales of Inditex, the Spanish parent company of several fast fashion brands including Zara and Massimo Dutti, grew by 11.1 percent to €25.6 billion, showing “very satisfactory” development both in stores and online, the Spanish fashion fast group said in a statement. ...
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News briefs
Rossignol opens new store in Courchevel
The Rossignol Group announces the opening of its new store in Courchevel, strengthening its presence in the heart of the Alps. Pre-opened on Dec. 9, the boutique, which spans two floors with a total area of 180 sqm, is the result of a partnership between the Rossignol Group and Patrick ...
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News briefs
New Balance commits $10 million to new sports leadership institute at UMass Boston
The University of Massachusetts Boston (UMass Boston) has announced a commitment of $10 million from New Balance Athletics, Inc. to establish the New Balance Institute for Innovative Leadership in Sport at the university. The donation will provide operational funds to launch the institute. The New Balance Institute for Innovative Leadership ...
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News briefs
DaleBoot to offer customized ski boots based on 3D foot scans
Aetrex, a New Jersey-based specialist in foot scanning technology and data-driven orthotics and comfort footwear, announced its partnership with ski boot manufacturer DaleBoot. Using Aetrex’s Albert 2 Pro foot scanning technology, DaleBoot will transition from manually measuring customers’ feet to using automated 3D foot scan data to design custom ski ...
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News briefs
On selects Nedap technology for source-to-consumer RFID project
RTIH reports that Swiss sporting goods brand On has chosen Durch company Nedap to deploy its iD Cloud platform in factories, warehouses, distributors and stores worldwide. This allows On to track and trace every single item from source to consumer. On was already familiar with the technology and benefits of ...
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News briefs
A record FY22 for Atmósfera Sport
The Spanish buying group Atmósfera Sport, which began life as Esport Deval in 1988, is wrapping up its 35th anniversary year with news of record annual sales, according to CMDsport. In full-year 2022 the retailer managed for the first time to break €30 million in sales – in fact, blew ...
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News briefs
BODi announces $5.3m registered direct offering
California-based subscription health and wellness company The Beachbody Company (BODi) has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 543,590 shares of the company’s common stock (or common stock equivalents) at a purchase price of $9.75 per share of common stock ...
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News briefs
Strava appoints former Nike, Google exec as CEO
Source: Strava Michael Martin Strava has announced the appointment of Michael Martin as the company’s new Chief Executive Officer. Martin will also join Strava’s Board of Directors when he takes office on Jan. 2, 2024. The news comes after Michael Horvath, who co-founded Strava 15 years ago ...
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News briefs
Puma ends sponsorship of Israeli national football team
Puma is ending its sponsorship of the Israeli national football team in 2024. According to the German company, this decision was made a year ago and is not related to renewed calls for a consumer boycott, as Israel has continued its attacks on the Gaza Strip in response to the ...
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News briefs
Cricket equipment market to grow at a CAGR of 3.28% by 2028
The global cricket equipment market is projected to grow by $2,536.35 from 2023 to 2028, representing a compound annual growth rate (CAGR) of 3.28 percent, according to a recent report by research and advisory firm Technavio. Growth will be primarily driven by the increase in the number of cricket tournaments, ...
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News briefs
New executive appointment for Reebok Europe and Reebok LTD
Source: NGG Markus Kleber New Guards Group (NGG) announced the appointment of Markus Kleber as Senior Vice President, General Manager of Reebok Europe and Reebok LTD. He will lead the business strategy and oversee all functions of Reebok Europe and Reebok LTD. Kleber joins NGG from Adidas, ...
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News briefs
Paris Saint-Germain, Nobis and Jay Chou collab for Ace of Stade
Parisian football club PSG, Canadian outerwear brand Nobis and Asian superstar Jay Chou have launched a collaboration, the “Ace of Stade” 3-in-1 Collector’s Set. According to the trio, the exclusive partnership combines ”a spectacular blend of fashion, football, and music in their one-of-a-kind jacket pairing.” According to Nobis, the collaboration ...
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News briefs
Under Armour opens two new stores in Italy with Oberalp
Oberalp Group, the exclusive distributor of Under Armour in Italy, has recently opened two new Under Armour stores in the country. There’s a new Under Armour Brand House at the new Merlata Bloom shopping mall near Milan since Nov. 15, with 140 sqm focusing on training, running and sportstyle. In ...
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News briefs
Nike’s new Tokyo store focuses on running
Nike has opened a new store in downtown Tokyo dedicated to serving the city’s running community. Nike Ginza features a Running Hub that serves the needs of local runners through a variety of services and programming, including trialing for the latest running silhouettes, Nike Run Club (NRC) Live training sessions, ...
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News briefs
Hyosung partners with Santoni and Tefron on seamless apparel
Sustainable textile solutions provider Hyosung is collaborating with two of the leading global seamless companies, Tefron and Santoni, to introduce a new generation of sustainable sportswear and seamless apparel made with its certified and multi-functional yarns. The three companies unveiled their collaborative product at ISPO Munich 2023. Santoni introduced its ...
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News briefs
Uvex subsidiary BSA to shut down, 190 jobs affected
German Uvex Group plans to close an independent Uvex subsidiary, B-S-A Gesellschaft für Kunststoffverarbeitung und -handel mbH (BSA), based in Obernzell, where bicycle, riding and winter sports helmets have been produced for 30 years, by the end of 2024. All 190 jobs are to be affected by the closure. Uvex ...
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News briefs
SafeSize wins “Startup of the Year“ award, recognized as Innovation & Disruption Leader
SafeSize was named Startup of the Year at the Startupper Awards 2023, an award for excellence in the Greek innovation and startup ecosystem. Angelos Stavrakis, founder and CEO of SafeSize, received the coveted award from the Deputy Minister of Digital Administration, Konstantinos Kyranakis, in recognition of the company’s remarkable international ...
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News briefs
Absolute Run opens in Brussels
On Dec. 7, 2023, the overall eleventh Absolute Run store was opened in Brussels in collaboration between Sport 2000 and its partner Jogging Plus. It is the second Belgian Absolute Run Jogging Plus store after Liège and is located in an attractive downtown location with 230 sqm of retail space ...