News Briefs – Page 72
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News briefsHead of operations out at Pádel Nuestro
Pedro Martínez, head of new business at Pádel Nuestro and at its parent company, 360 Padel Group, resigned at the start of September, bringing nine years of employment to a close with the overall company – as Palco23 reports. Martínez served first, for most of 2015, as Padel Nuestro’s head ...
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News briefsHanesBrands evaluates strategic options for its Champion brand, weighs potential sale
HanesBrands has announced that its board and executive team are assessing strategic options for the global Champion business, including “a potential sale or other strategic transaction,” the company said in a statement. That does not mean that the assessment process will result in any particular transaction or strategic outcome regarding ...
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News briefsAnta signs sustainable business initiative at SDG summit
Chinese sportswear maker Anta Group announced that it has signed the “Business in Action—Sustainable Industrial Development Commitments” during the Second United Nations Sustainable Development Goals (SDG) Summit, the highest-level United Nations summit in the field of sustainable development, which was held on Sept. 18-19 in New York. Furthermore, Anta Group’s ...
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News briefsNew Asics President, more executive changes
Asics Corp. has announced the appointment of Mitsuyuki Tominaga as its new President and Chief Operating Officer, effective Jan. 1, 2024. Tominaga currently serves as the company’s Managing Executive Officer, Chief Data Officer and Chief Information Officer. Before joining Asics, he held leadership roles at SAP Japan, Works Applications America ...
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News briefsPatagonia releases new neoprene-free wetsuits with more stretch and comfort
The US magazine Surfers reports that Patagonia has released a redesigned line of its Yulex neoprene-free wetsuits. After searching for a way to get rid of neoprene – a synthetic rubber – since 2008, the outdoor brand released its first neoprene-free line of wetsuits in 2014, made from natural Yulex ...
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News briefsHuntsman develops first liquid TPU for the footwear industry, easy to process and circular
Source: Huntsman U.S. chemical company Huntsman has developed a liquid thermoplastic polyurethane (LTPU) that enables the rapid production of high-performance midsoles and aligns with the ambitions of brand-name manufacturers of athletic and casual footwear. The Smartlite® O LTPU system is easier to process than expanded forms of ...
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News briefsNike x Feng Chen Wang: Unconventional and sustainably-minded
Source: Nike Transform Jacket, Nike x Feng Chen Wang Nike and Chinese-born, London-based designer Feng Chen Wang have unveiled their first collaboration. It sees them break with conventions of apparel construction to reinterpret sportswear pieces as highly functional blends of different cultural and design elements, led by ...
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![Binding image[25]](https://d1f00kj7ad54bu.cloudfront.net/Pictures/100x67/8/9/8/29898_bindingimage25_188956.jpg)
News briefsArmada, Atomic and Salomon recall ski touring bindings
Ski equipment manufacturers Armada, Atomic and Salomon have issued a voluntary and precautionary product recall for a specific production run of the “Tracer”, “Backland” and “MTN” bindings. The manufacturers say it has become apparent that, under certain conditions, the spring guide axle on the toe piece of the binding could ...
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News briefsFormerly pure e-tailer predicts a record year
Deporvillage appears to have returned to double-digit growth in revenues and has accordingly raised its revenue forecast for the current year from €163 to €170 million, according to Modaes and Palco23. Should the crystal ball prove accurate, the retailer will surpass the record year of 2021 with its late-Covid euphoria. ...
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News briefsInditex gets an H1 boost
Inditex improved its profitability by 40.1 percent in the first half of the year, which ended on July 31. According to Diffusion Sport, the Galician textiles firm’s net income amounted to €2.513 billion on revenues of €16.851 billion – themselves up 13.5 percent. Sales were up on- and offline and ...
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News briefsWorld Boxing announces four new member federations
World Boxing, the international federation set up in April 2023 to rival the International Boxing Association (IBA), has announced a new cohort of members. Four new federations have joined the organization – Denmark, Panama, Mongolia and French Polynesia – taking World Boxing’s membership up to 16. Denmark is the sixth ...
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News briefsGoldman Sachs creating sports franchise division
Financial services firm Goldman Sachs is developing a new global division called Sports Franchise in Investment Banking, according to The Wall Street Journal, which first reported the plan, and other press sources. The new division is meant to offer wealthy clients worldwide more opportunities for investment in teams and other ...
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News briefsFanatics signs Harry Kane to exclusive memorabilia deal
England captain and Bayern Munich striker Harry Kane has signed a multi-year memorabilia partnership with Fanatics. Under the terms of the agreement, Fanatics will become the sole distributor of Kane’s collectibles, autographs and memorabilia, including match-used boots and shirts. The 30-year-old is the first British athlete to partner exclusively with ...
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News briefsSolinski no longer CEO of Sport 2000 France
After 11 years in the role, Stéphane Solinski is no longer the CEO of Sport 2000 France.
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News briefsRoots celebrates its 50th anniversary with Barbie
Source: Roots Roots teams up with Barbie for the Candian brand’s 50th anniversary Canadian lifestyle brand Roots is celebrating its 50th anniversary with an exclusive apparel and doll collaboration with fashion icon Barbie. The two brands will launch Sept. 15, 2023, to inspire Barbie and Roots fans ...
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News briefsHey Dude fined by US consumer protection agency
Crocs-owned brand Hey Dude has agreed to pay $1.95 million to settle allegations by the US Federal Trade Commission (FTC) that it misled consumers by suppressing negative reviews, including more than 80 percent of those that did not award four or more stars. The FTC accuses the company of violating ...
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News briefsFootasylum adopts new retail concept in larger store
Footasylum, leading British retailer of branded fashion and footwear, has moved to a new and improved retail space at the Lakeside Shopping Center in England, where it previously occupied a space of around 300 sqm. The new 900-sqm space features a refreshed store concept that seeks to create a mobile-first ...
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News briefsSaysh launches first performance running sneaker
Source: Saysh The Felix Runner Saysh, the lifestyle brand founded in 2021 by Olympian Allyson Felix and her brother Wes, is introducing “The Felix Runner,” a new women’s sneaker and the brand’s first performance running shoe. While the Saysh One was primarily designed for walking and light ...
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News briefsIceberg enters golf apparel and accessories market
Iceberg has signed a licensing deal for golf apparel and accessories with Korean firm Amcr, the owner of high-end golf clothing brand AmazingCre. The new licensed collection, which is part of a five-year partnership agreement with Amcr, comprises men’s and women’s golf apparel and accessories. The line will launch with ...
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News briefsGolden Goose posts 21% sales growth in H1
Italian luxury sneaker brand Golden Goose saw its revenues reach €276.4 million in the first half of 2023, representing a 21 percent increase from the same period in 2022 and a 65 percent jump from the first half of 2021. Sales grew double-digit in all the main markets. Sales were ...
