News Briefs – Page 626
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News briefs
Under Armour continues to expand its sports marketing activities internationally....
Under Armour continues to expand its sports marketing activities internationally. It has become the official technical supplier of the next two editions of the Copa del Rey, the Spanish basketball tournament, which will take place in Gran Canaria on Feb. 19 and 22. It will launch a special model of ...
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New Balance will make a big splash in the world...
New Balance will make a big splash in the world of global football as the new sponsor of the famous Liverpool FC team from the 2015/16 season. It will take over a juicy contract, worth a minimum of £20 million (€25.5m-$31.1m) per year, that had been previously signed by Warrior ...
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Zoggs has appointed a triathlon swimming champion, Adam Walker, as...
Zoggs has appointed a triathlon swimming champion, Adam Walker, as its ambassador in the segment. He is the first British triathlete to have completed the Oceans Seven challenge at his first attempt. The challenge involves swimming across the North Channel, the Cook Strait, the Molokai Channel, the English Channel, the ...
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News briefs
Fusalp, whose sales have grown by about 20 percent since...
Fusalp, whose sales have grown by about 20 percent since the French skiwear brand was acquired by members of the Lacoste family a year ago, has signed new sponsorship contracts to help sustain its regained momentum. It has gained the endorsement of Antoine Dénériaz, the French alpine ski champion who ...
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Lotto will be the main sponsor of María Teresa (Tita)...
Lotto will be the main sponsor of María Teresa (Tita) Torró, the rising star of Spanish tennis, for the next two years. The player broke into the women's top 50 for the first time in 2014. In April, she won her first singles title, at the Marrakech Grand Prix tournament ...
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News briefs
Reebok has announced a new partnership deal with Jon Jones...
Reebok has announced a new partnership deal with Jon Jones and Ronda Rousey, two of the best athletes in the world of Mixed Martial Arts (MMA). The sports brand announced on Dec. 2 its partnership with Ultimate Fighting Championship (UFC), the largest MMA promotion company in the world and starting ...
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News briefs
Adidas has become the title sponsor of Euroleague Basketball's international...
Adidas has become the title sponsor of Euroleague Basketball's international junior tournament for the next two years. The German sports brand will replace Nike as the title sponsor of the 14th edition of the Next Generation tournament, qualifying for which will begin at the end of December in Rome. The ...
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The World Federation of the Sporting Goods Industry is inviting...
The World Federation of the Sporting Goods Industry is inviting registrations on its website for its annual World Sports Forum on Feb. 4, the eve of the Ispo Munich show. It will focus this time on “Entering and Exploring new Markets.” Haico Ebbers, professor of international economics at Nyenrode Business ...
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News briefs
Ispo Textrends, the forum for textile innovations and components at...
Ispo Textrends, the forum for textile innovations and components at Ispo Munich, Ispo Beijing and Ispo Shanghai, has reported a 65 percent increase in the number of companies that have registered for 2015 compared with 2014. Next year's events will host a special exhibition, within the different Ispo shows, of ...
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The partnership between Ispo Munich and Paddle Expo, the world's...
The partnership between Ispo Munich and Paddle Expo, the world's largest exhibition for paddle sports, will now also incorporate Ispo Shanghai. The Asian exhibition, taking place on July 2-4, 2015, will be the first cross-segment sports business platform in the Chinese market. Paddle Expo and Ispo Shanghai will invite business ...
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News briefs
VF Corporation and International Finance Corporation (IFC), a member of the...
VF Corporation and International Finance Corporation (IFC), a member of the World Bank Group, have announced they have distributed loans to three garment factories in Bangladesh - Arunima Sportswear, Olio Apparels, and Radisson Apparel – totaling $1.3 million, under a new program for funding fire and building safety improvements. Through the ...
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News briefs
Décathlon has inaugurated a new campus for its three “mountain...
Décathlon has inaugurated a new campus for its three “mountain brands”: Quechua (outdoor), Wed'ze (snow sports) and Simond (climbing). The site regroups nearly 300 people who were previously dispersed over six sites, not including the workers at Simond's factory at Les Ouches. The new campus is located at Passy, near ...
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News briefs
Décathlon has also turned a one-year-old French distribution center at...
Décathlon has also turned a one-year-old French distribution center at Rouvignies, near Valenciennes and the Belgian border, into its sixth continental distribution platform, joining three others in France and two in Spain. Covering 56,000 square meters, it will process the merchandise received from the suppliers and dispatch it to any ...
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News briefs
Seafolly, the Australian swimwear label, has been taken over at...
Seafolly, the Australian swimwear label, has been taken over at undisclosed conditions by L Capital Asia 2, an investment vehicle of the LVMH luxury goods group. The business plan calls for Seafolly's international expansion and its diversification into new product categories in order to become an all-around lifestyle brand. Led ...
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News briefs
Head may be forced to go private following a negative...
Head may be forced to go private following a negative vote on a resolution proposed at a general shareholders' meeting on Dec. 3 to increase the nominal value of its shares by drawing on the company's own reserves. The Vienna Stock Exchange had informed Head that its listing would be ...
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JD Sports Fashion has announced that it has sold Bank,...
JD Sports Fashion has announced that it has sold Bank, its struggling fashion arm, to a subsidiary of Hilco Capital, a restructuring specialist, for an undisclosed amount. The British retailer said the deal would recover a “substantial” amount of its inter-company loan, the exact details of which will be confirmed ...
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News briefs
Accell Group has announced that it is in talks to...
Accell Group has announced that it is in talks to buy Cycle Service Nordic, a Danish distributor of bike parts and accessories. The expected takeover would further strengthen Accell's position in the Nordic countries, where it already owns Tunturi-Hellberg in Finland. Cycle Service Nordic, with an annual turnover of around ...
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Amer Sports signed on Dec. 2 an agreement for a...
Amer Sports signed on Dec. 2 an agreement for a €150 million syndicated revolving credit facility for the next five years. Negotiated at favorable terms, it will be used for general corporate purposes including the refinancing of a €200 million syndicated loan obtained in 2011, which has now been terminated ...
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News briefs
Puma announced today the departure of one of its top...
Puma announced today the departure of one of its top executives, Stefano Caroti. He will leave at his own request for family reasons with effect from Jan. 1. The company's chief executive, Bjørn Gulden, will take over his responsibilities as chief commercial officer at board level from Jan. 1. After ...
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News briefs
Two Andys are going to run Pentland Brands from next...
Two Andys are going to run Pentland Brands from next Jan. 1. After 16 years as chief executive of the company, Andy Rubin, 49, is stepping up to the new position of chairman at the subsidiary of Pentland Group. The new CEO is going to be 43-year-old Andy Long, who ...
