News Briefs – Page 589
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News briefs
Michael Jordan has lost the lawsuit he had filed in...
Michael Jordan has lost the lawsuit he had filed in the Chinese courts against Qiaodan Sports for using a name and images similar to his own Jordan brand with Nike. The former Chicago Bulls basketball player is known in China as “Qiaodan,” a Chinese version of his name. “Qiaodan” is ...
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News briefs
Adidas filed a suit against Sears in the U.S. District...
Adidas filed a suit against Sears in the U.S. District Court of Portland, Oregon on July 28, charging that the two- and four-striped shoes offered by the retailer have been infringing on the Big a's Three-Stripe logo. The lawsuit seeks injunctions, compensation and damages for alleged trademark infringement and dilution, ...
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News briefs
Adidas is launching Standard 19, a new premium training collection...
Adidas is launching Standard 19, a new premium training collection for young urban consumers, which marks the return of the German brand in the premium sportswear niche just over a year after it discontinued SLVR. The new line is made up of materials including polyester, elasthane and merino wool. Climacool, ...
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AGV has launched a dedicated website for its K-5 helmet,...
AGV has launched a dedicated website for its K-5 helmet, the most recent addition by the Italian company to its series of high-performance helmets. Among other things the K-5 helmet features the IVS ventilation system and is set up for the Share communication system. Additional information on the helmet, including ...
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News briefs
Speedo is the first swimwear company to adopt Econyl nylon...
Speedo is the first swimwear company to adopt Econyl nylon 6, the recycled fabric obtained by Aquafil from post-production fabric scraps through a special regeneration process. The Speedo Powerflex Eco swimwear range developed through this fabric is said to retain its shape up to ten times longer than conventional swimwear ...
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News briefs
In a bid to get more visibility in the U.S....
In a bid to get more visibility in the U.S. market, Adidas is reportedly on the verge of taking over the sponsorship of the New York Marathon from Asics, outbidding New Balance and Brooks with an offer for $100 million over a 10-year period. The Three Stripes has also reportedly ...
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News briefs
Nike has signed a sponsorship deal with Karl-Anthony Towns, the...
Nike has signed a sponsorship deal with Karl-Anthony Towns, the No. 1 pick in the NBA draft in June. The terms of the deal were not disclosed. Towns played for one season at the University of Kentucky and was selected in the first round of the draft by the Minnesota ...
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News briefs
In the midst of the world swimming championships, which ended...
In the midst of the world swimming championships, which ended in Kazan yesterday, Speedo announced a five-year agreement with Fina, the international swimming federation, to be its exclusive swimwear and swim equipment supplier for its Swimming World Cup until 2019. The first of eight events in the Fina World Cup ...
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News briefs
Srixon Sports Europe, a subsidiary of Dunlop Sports, has signed...
Srixon Sports Europe, a subsidiary of Dunlop Sports, has signed a new partnership deal with The Ladies European Tour. As an Official Partner of the Tour, it will provide golf balls to be used for all pre-tournament practice sessions.
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News briefs
Skechers USA has signed an endorsement contract with the Darmstadt...
Skechers USA has signed an endorsement contract with the Darmstadt 1898 football team in Germany for the 2015/16 playing season. It will not provide football boots for the team's players, but rather casual shoes to be worn off the pitch. The club, which was formerly sponsored by Nike, has remained ...
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News briefs
Beijing has won the bid to host the 2022 Winter...
Beijing has won the bid to host the 2022 Winter Olympic Games. It was not a big surprise, considering the Chinese government's determination to grow the country's involvement in sports and the fact that the Chinese capital will be able to use some of the facilities already built for the ...
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CORRECTION: Lotto Sport points out that its sales should break...
CORRECTION: Lotto Sport points out that its sales should break out as $3 million in the U.S. and $187 million in the rest of the world in the SGI Athletic Footwear Chart published in our last issue, based on average OECD exchange rates. In terms of euros, its sales amounted ...
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News briefs
El Corte Inglés, the big Spanish retailer, which plays a...
El Corte Inglés, the big Spanish retailer, which plays a big role in the sporting goods market, has sold a 10 percent stake for €1 billion to Sheikh Hamad Bin Jassim Bin Jaber Al Thani, a former Prime Minister of Qatar and former head of the Qatar Investment Authority. Sheik ...
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News briefs
Niki Lauda, the famous Austrian Formula 1 champion, has reported...
Niki Lauda, the famous Austrian Formula 1 champion, has reported acquired a stake of more than 10 percent in Signa Retail, the Austrian-based real estate company that controls the Karstadt department store chain and the Karstadt Sports stores in Germany, through his foundation. The car racer is also investing in ...
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News briefs
Decathlon has signed two contracts with the Goodman group for...
Decathlon has signed two contracts with the Goodman group for the installation of two new logistic platforms in China. One will be established in the Goodman Hannan Logistics Park at Wuhan, in Hubei province, and will have a surface of 85,000 square meters. The other one will measure 72,000 m² ...
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News briefs
Duca del Cosma, the German brand of golf and golf-inspired...
Duca del Cosma, the German brand of golf and golf-inspired shoes and clothing, has filed for insolvency proceedings in a court at Landshut. Plans are to stabilize the financial situation and to look for professional investors with the help of Advantum Corporate Finance. The brand was launched in 2004 by ...
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News briefs
Quiksilver may lose its listing on the New York Stock...
Quiksilver may lose its listing on the New York Stock Exchange (NYSE) unless it manages to lift its share price in the next six months or by its next annual meeting. The group says it was notified by NYSE on July 10 that it no longer complies with a requirement ...
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News briefs
Brunswick Corp., the parent company of Life Fitness, has acquired...
Brunswick Corp., the parent company of Life Fitness, has acquired Scifit Systems and added it to its Life Fitness division. The financial terms of the transaction were not disclosed. Scifit, based in Tulsa, Oklahoma, has a line of fitness equipment designed to meet the needs of senior citizens and patients ...
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Jason Whitson and Tommy Fad, the founders of Gritness, have...
Jason Whitson and Tommy Fad, the founders of Gritness, have confirmed on their own website that their search engine for group fitness activities has been sold to Under Armour (UA). The idea behind Gritness, launched in June 2013 in Austin, Texas, was to stimulate group fitness by creating a digital ...
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News briefs
According to the Oregonian, Adidas is considering the establishment of...
According to the Oregonian, Adidas is considering the establishment of a factory in Detroit to make sneakers for the North American market. The rumor, which could not be confirmed, follows a statement by Nike that it would create 10,000 jobs in the U.S. if the Trans-Pacific Partnership with Vietnam and ...
