News Briefs – Page 564
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News briefs
Sepp Blatter and Michel Platini both indicated that they intend...
Sepp Blatter and Michel Platini both indicated that they intend to appeal after the adjudicatory chamber of Fifa's independent ethics committee banned them from any football-related activities for eight years. The chamber also ordered fines of 50,000 Swiss francs (€46,127.5-$50,423.5) for Blatter, Fifa's president, and CHF 80,000 (€73,798.5-$80,672.4) for Platini, ...
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Bianchi, part of Cycleurope, has partnered with Ducati Motor Holding...
Bianchi, part of Cycleurope, has partnered with Ducati Motor Holding to produce a new range of Ducati bicycles. The new product line will include junior, MTB, sport and city models. Ducati Motor Holding has been in the bicycle market for several years. The bicycles will be distributed to independent bicycle ...
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News briefs
OIC Columbia Sportswear is making a significant expansion into the...
OIC Columbia Sportswear is making a significant expansion into the performance underwear category through an exclusive global licensing agreement with Delta Galil Industries. Under the contract, the Israeli firm, which is already Columbia's global licensee for socks, will produce a range of Columbia branded products including men's and women's underwear ...
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Primaloft is coming out with a new insulation for high-output...
Primaloft is coming out with a new insulation for high-output sports activities, called Primaloft Gold Insulation Active, as a step-up to the Primaloft Silver Insulation Active solution introduced one year ago. Both use proprietary manufacturing and finishing processes that lock its fibers in place, preventing them from migrating through fabrics. ...
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Working in collaboration with two other organizations, Eurosima and Sporaltec,...
Working in collaboration with two other organizations, Eurosima and Sporaltec, Outdoor Sports Valley has sponsored and published the first research study on ceramics-lined garments, comparing their effect during exercise to placebo garments. The purpose was to determine whether ceramics-lined apparel modifies skin temperature, improving the feeling of comfort, and whether ...
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Foot Locker Europe has signed a sponsorship deal with Anthony...
Foot Locker Europe has signed a sponsorship deal with Anthony Martial, the French 19-year-old footballer who has played for the Manchester United team since last summer. He will be involved in various brand initiatives and programs on behalf of the chain over the next 12 months.
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Asics has signed a ten-year endorsement deal with Candace Hill,...
Asics has signed a ten-year endorsement deal with Candace Hill, a 16 year-old U.S. sprinter who is regarded as one of the most promising athletes for the next years. According to a feature in The New York Times, Hill became the youngest American female sprinter to turn professional, as her ...
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Adidas has signed up Nick Young from the Los Angeles...
Adidas has signed up Nick Young from the Los Angeles Lakers, as part of its latest drive to invest in prominent U.S. team sports players. Young announced the deal when he turned up at a game against the Houston Rockets donning a pair of Adidas Yeezys, the shoes designed for ...
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OIC The European Commission is proposing for the first time...
OIC The European Commission is proposing for the first time to enforce a simplified, fast-track procedure to check the presence of nearly 300 carcinogenic, mutagenic or toxic substances in textile and apparel items sold in the European Union. To this end, the Commission has published a consultation requesting information on ...
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OIC The Fair Wear Foundation, Greenroom Voice and the Sustainable...
OIC The Fair Wear Foundation, Greenroom Voice and the Sustainable Apparel Coalition will present their approaches to the rating of the brands' sustainability performance at a round-table discussion during the Ispo Munich show at 4 PM on Tuesday, Jan. 26. The challenges faced in the transparent and factual measurement of ...
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News briefs
A new sporting goods trade show is being launched in...
A new sporting goods trade show is being launched in Myanmar by Minh VI Exhibition & Advertising Services (Veas Co.), the company in Ho Chi Minh City that organized the Sportex Vietnam show in 2013 and 2014. The new Myanmar Sports & Leisure Expo has been scheduled to take place ...
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UBM is launching a new trade show on 3D Printing...
UBM is launching a new trade show on 3D Printing in Shanghai next Apr. 17-19. Called the Shanghai Digital Printing Industry Fair (TPF), it is expected to attract more than 200 exhibitors and 12,000 visitors in the textile, leather and ceramic/glass sector.
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Lawrence Pugh, who accompanied VF Corporation's rise as a leading...
Lawrence Pugh, who accompanied VF Corporation's rise as a leading U.S.-based denim and sportswear company, has passed away at the age of 82. VF Corp is the owner of The North Face, Vans and Timberland along with many other sports, denim and fashion brands. Pugh was appointed president in 1980. ...
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Adidas has announced the acquisition of a new building next...
Adidas has announced the acquisition of a new building next to its campus in North Portland, Oregon as part of an expansion of its North American operations. It will accommodate about 150 employees on 25,000 square feet of office space, adding to the five existing buildings of the local Adidas ...
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Exceeding its previously set targets, Nike has spent $380 million...
Exceeding its previously set targets, Nike has spent $380 million to expand its world headquarters in Portland, Oregon, hiring more than 2,000 new employees there, according to the Portland Business Journal. The Swoosh had made a deal with the state of Oregon three years ago to avoid paying tax on ...
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Herbert Hainer, chief executive at the Adidas Group, denied a...
Herbert Hainer, chief executive at the Adidas Group, denied a report in The New York Post that it was preparing a sale of Reebok CCM Hockey in another effort to simplify its business. He acknowledged in a press briefing earlier this month that several parties were interested in the ice ...
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Polartec has decided to close its factory in Lawrence, Massachusetts,...
Polartec has decided to close its factory in Lawrence, Massachusetts, moving its operations to its other plants in Hudson, New Hampshire and Cleveland, Tennessee. The latter was acquired by Polartec in September from United Knitting. The Lawrence factory had been rebuilt by Malden Mills 20 years ago, after being ...
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The price of GoPro shares briefly increased earlier this month...
The price of GoPro shares briefly increased earlier this month after an influential U.S. analyst described it as an interesting potential acquisition target for Apple. Dan Ives from FBR & Co reportedly wrote that action cameras were uniquely positioned at the intersection of Apple's smartphone, wearables and multimedia offerings. He ...
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Implus, the acquisitive U.S. company that owns numerous sports, fitness...
Implus, the acquisitive U.S. company that owns numerous sports, fitness and footwear accessories brands, has enlarged its fitness category to form the Implus Fitness & Wellness Division, after the purchase of Trigger Point Performance, Harbinger Fitness and Fuel Belt earlier this year. The move is meant to accelerate expansion in ...
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News briefs
Amer Sports' board of directors has approved a Performance Share...
Amer Sports' board of directors has approved a Performance Share Plan and a Restricted Stock Plan as incentives for key employees. The first one will allow about 250 people to earn rewards in cash and Amer shares, up to a maximum of 1.1 million shares, based on the ...
