News Briefs – Page 64
-
News briefsPolygiene reports Q3 operating loss on lower sales
Despite a 30 percent decline in third-quarter revenues to 28.7 million Swedish kroner (€2.4m) and a corresponding operating loss of SEK 2.4 million, Polygiene is optimistic about Q4 results as early orders have exceeded expectations. The group, which said Q3 results showed signs of a slow recovery, has shifted its ...
-
News briefsQuiksilver and Roxy launch apparel rental service in France
As reported by the website Apparel Resources, boardsports brands Quiksilver and Roxy have launched an online rental service in France under the label “Boardriders Rental.” The website offers high-quality performance apparel for men, women and children for rent. François Latterrade, Head of Quiksilver Europe, told the website that the rental ...
-
News briefsMuuvr appoints Jan van Berkel as European business development manager
Muuvr, the newly launched fitness app, has named former pro triathlete Jan van Berkel as European Business Development Manager. In his new role, he will work across both business development and partnerships. Van Berkel is a four-time winner of Ironman Switzerland. Muuvr was launched to the public in early October. ...
-
News briefsCollaboration between Amazon and luxury brands leads to guilty plea from international counterfeiter
Information and evidence provided by Amazon’s Counterfeit Crimes Unit (CCU) and other luxury brands, including the Prada Group, to Chinese law enforcement has led to a counterfeit seller’s guilty plea to crimes related to the sale of counterfeit luxury products. Amazon has described the collaboration as “a unique and landmark ...
-
News briefs“Free shoes…if you can outrun our security guard”
The Parisian running store Distance recently ran a campaign, “Rob it to get it,” inviting customers – for one day only – to try their hand at stealing participating products if they could outrun the security guard. The catch? The security guard on the day of the promotion in Sept. ...
-
News briefsOn opens second London store
Swiss sportswear brand On is opening a second London store on Nov. 3. After unveiling a three-story flagship store in London’s Regent Street in February, the brand will now inaugurate a new location at 37 Brushfield Street at Spitalfields Market, in East London. The new 280-sqm store will sell the ...
-
News briefsLIV Golf appoints COO
Source: LIV Golf Lawrence J. Burian Following a “competitive international recruiting process,” LIV Golf has announced the appointment of Lawrence J. Burian as Chief Operating Officer (COO). In this role, he will oversee a large range of responsibilities, including corporate development and strategy, investor relations, human resources, ...
-
News briefsDecathlon launches BuyBack in the UK
Following a successful launch in continental Europe, Decathlon has introduced BuyBack in the UK, a service that allows customers to sell their old bikes back to the retailer for up to 45 percent of the RRP. The first part of the program will focus on bicycles and will later be ...
-
News briefsVF Corp. targeted by another activist investor
Only one week after Engaged Capital set its sights on VF Corp., a second activist investor, Los Angeles-based Legion Partners, has acquired an undisclosed stake in the company and wants it to divest brands such as Timberland, Bloomberg reported, citing sources familiar with the matter. VF just named former Nike ...
-
News briefsNike partners with US retailer Hibbett on rewards program
US athletic-inspired fashion retailer Hibbett announced the launch of its Connected Partnership, connecting Hibbett and Nike’s loyalty programs. The newly integrated Hibbett Rewards X Nike Membership will provide Hibbett shoppers with new benefits and elevated retail experiences when they purchase Nike and Jordan products at a Hibbett store or online. ...
-
News briefsDTC brand Red Run opens flagship in Liverpool
Red Run, an active streetwear brand for women based in Liverpool, England, founded in 2020 during the Covid lockdowns, has opened a 130-sqm flagship store in the Liverpool ONE shopping, residential and leisure complex. To complement Red Run’s direct-to-consumer offering, the brand has partnered with Asics to sell a range ...
-
News briefsUYN launches initiative to recycle unused face masks
The Italian brand UYN is buying up unsold face masks from retailers and using them to create a sustainable accessories collection made from recycled materials. Under the “Change the Face of Your Mask” initiative, UYN will buy the masks – previously required during the Covid-19 pandemic – at €2.50 each ...
-
News briefsNext SSU sub files for insolvency
Stuttgart-based Internetstores GmbH, which includes the bike and outdoor online shops Fahrrad.de, Bikester, Campz and Addnature, filed for insolvency at the Stuttgart District Court on Monday afternoon. The company is part of Signa Sports United (SSU), the sporting goods division of the Signa Group founded by Austrian investor René Benko. ...
-
News briefsOdlo releases first snowboarder-specific baselayer with Burton
Odlo has joined forces with Burton to create the first snowboard-specific base layer in the Swiss base layer brand’s history. The Odlo x Burton Slokar Performance Wool 200 base layer is a seamless, technical performance base layer comprising of a crew neck long sleeve top and matching 7/8th length ...
-
News briefsInstagram has highest media impact value in the fashion, lifestyle and beauty industries
Amidst a rapidly evolving social media landscape, Instagram reigns as the top platform for brand amplification in the fashion, lifestyle, and beauty industries, according to a new data report from Launchmetrics in collaboration with fashion shopping platform Lyst. Launchmetrics, born from the merger of Fashion GPS and Augure in January ...
-
News briefsFarfetch receives EC clearance to buy stake in Yoox Net-A-Porter
Farfetch, the Internet platform for luxury goods, is cleared by the European Commission to acquire a 47.5 percent equity stake in Yoox Net-A-Porter (YNAP) in exchange for Farfetch Class A ordinary shares going to Richemont, a publicly traded company on the Swiss Exchange that operates three luxury business units. Yoox, ...
-
News briefsVF Corp. appoints former Nike President to board
Source: VF Corp Trevor Edwards Trevor Edwards has been appointed to the board of directors at VF Corp. Edwards, currently a strategic advisor to direct-to-consumer brand and investment firms, began his 25-year career at Colgate-Palmolive in 1986. He currently serves as a strategic advisor to direct-to-consumer brands ...
-
News briefsSSU: Tennis-Point insolvency will be followed by further insolvencies
According to information released after the insolvency of Tennis-Point GmbH, the parent company Signa Sports United (SSU) is preparing to open further insolvency proceedings in the coming days. Further insolvency applications for other legal entities of the SSU Group, “including Signa Sports United N.V.,” are in preparation, the company stated. ...
-
News briefsEU takes steps to block products made by forced labor
The European Parliament is proposing a new legislation framework to investigate the use of forced labor in companies’ supply chains. If it is proven that a company has used forced labor, all import and export of the related goods would be halted at the European Union (EU)’s borders. Companies would ...
-
News briefsNearly 1,000 golf brands to showcase their products at 2024 PGA Show
The next edition of the PGA Show, the world’s largest gathering for the business of golf, will be held in Orlando, Florida, on Jan 23-26, 2024. The event is organized by the PGA of America and PGA Golf Exhibitions (part of RX) and is open exclusively to golf industry professionals. ...
