News Briefs – Page 74
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News briefsNFL keeps looking across the pond
America’s professional league for American football, the NFL, announced back in May that it would be shifting five games in the regular season to Europe for its International Series of 2023. These will be taking place in October and November, with three games in London and two in Germany. The ...
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News briefsAthleisure market to grow at 5.2% CAGR by 2032
The global athleisure market generated $2.0 billion in 2022 and is projected to generate $3.2 billion by 2032, posting a compound annual growth rate (CAGR) of 5.2 percent from 2023 to 2032. The data is included in a recent 300-page report by Allied Market Research, a business-consulting wing of Allied ...
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News briefsAsics releases lightest CO2 emissions sneaker
Source: Asics Asics has launched the Gel-Lyte™ III CM 1.95 sneaker, calling it the lightest CO2 emissions sneaker on the market, based on a calculation conducted by Asics and validated by SGS (Société Générale de Surveillance) Japan, in accordance with ISO14067 standard in August 2022. Inspired by ...
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News briefsSwedish Stiga Sports expands presence in racquet sports segment
Swedish company Stiga Sports, already well established in the table tennis and padel segments, is expanding its focus to tennis. There are an estimated 400,000 active players in Sweden alone, with 105,000 registered, so the market is huge, according to the company. In the first step, three variants of the ...
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News briefsFESI supports rugby world cup team with a difference
The Rugby World Cup may have kicked off in Paris on Friday, but last week also saw the culmination of another rugby competition: The Parliamentary Rugby World Cup. Taking place at the Stade de la Faisanderie in Paris, the final game was between the UK Parliament rugby team and ...
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News briefsCraft Sportswear Germany restructures management
Source: Craft / New Wave GmbH Germany Felix Lechner (left) and Markus Müller In early May, the German subsidiary of the New Wave Group, New Wave GmbH, restructured its management and appointed long-time employees Felix Lechner (formerly COO) and Markus Müller (formerly Head of Marketing) to the ...
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News briefsNew Era Cap reportedly preparing for IPO
According to a Reuters report based on trusted sources who wish to remain anonymous, Buffalo, New York-based New Era Cap, best known for its official licensing partnerships with MLB and the NFL, has begun preparations for an initial public offering in New York that could be valued at $4 billion ...
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News briefsDecathlon to close two of its four stores in Sweden
Citing Fastighetsnytt, ehandel.se reported at the end of last week that the French sports chain Decathlon has decided to close two of its four Swedish stores. Decathlon established itself in Sweden in 2011 with a first test store in Bromma. The idea was then to expand extensively with stores in ...
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News briefsRunning Conseil has a new GM
Jérémy Marchetti is the new general manager of Running Conseil, effective Sept. 1. Running Conseil is a group of 64 independent stores in France specializing in running, trail running and triathlon gear. Marchetti, 41, is the owner of a Running Conseil store in Ollioules in southeastern France. The Running Conseil ...
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News briefsFirst new Rihanna x Puma collaboration revealed
After teasing her return in March this year, Rihanna and Puma have launched their newest collaboration. With the singer now the Creative Director of Fenty x Puma, a new sneaker from the footwear franchise was unveiled today. The Fenty x Puma Avanti is a mix of two Puma icons, blending ...
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News briefsSaucony launches vegan Triumph RFG sneaker
Source: Saucony Triumph RFG Saucony has launched the Triumph RFG (“Running For Good”), described by the performance running lifestyle brand as “its most sustainable shoe to date.” The new shoe features plant-based, petroleum-free CovationBio PDO Susterra propanediol. Specifically, the Triumph RFG is the first athletic shoe to ...
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News briefsAuthentic taps RVCA’s Global GM to manage Boardriders brand portfolio
According to ShopEatSurf and following the official closing of the acquisition of the Boardriders Group, former RVCA Global General Manager David Brooks has accepted the position of Executive Vice President of Lifestyle Brands at Authentic Brands Group. In his new position, he is responsible for managing Authentic’s lifestyle brands – ...
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News briefsNike teams up with the Olympic Refuge Foundation
Nike is collaborating with the Olympic Refuge Foundation (ORF) to help support displaced athletes. Together, they will ensure displaced women and girls benefit from safe port through the ORF’s Terrains d’Avenir program. The ORF and Nike will also collaborate to increase the capacity of coaches to provide a safe and ...
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News briefsGlobal ski equipment market to post 5.15% CAGR by 2026
The ski equipment market is projected to progress at a compound annual growth rate (CAGR) of 5.15 percent from 2021 to 2026, according to a new report by research firm Technavio. Growth will be primarily driven by increasing participation rates in skiing and other snow sports. The rising trend of ...
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News briefsA Miami conference for all racquet sports
A new racquet-sports conference is promising a three-day show with some 100 companies and 150 speakers on hand. RacquetX is scheduled to take place on March 24-26 – the middle weekend of the Miami Open – at the Miami Beach Convention Center. It is to cover tennis, pop tennis, squash, ...
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News briefsBoth Zalando CEOs extend contracts
Zalando founders Robert Gentz and David Schneider will continue to lead the company as co-CEOs. The Supervisory Board made this decision at its regular Q3 meeting and extended both contracts by another four years until December 2027. Gentz and Schneider will drive the strategy to establish Zalando as the first ...
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News briefsRossignol Group appoints new VP DTC
Source: Rossignol Group Daniele Milani Daniele Milani has joined the Rossignol Group as VP of Global Retail and E-commerce. He is responsible for the continued acceleration of the growth of the DTC business, with the goal of growing from 10 percent to more than 15 percent of ...
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News briefsPuma's head of sustainability says EU reporting requirements are challenging
Puma’s Head of Sustainability Stefan Seidel has said that meeting new European Union requirements for corporate reporting on sustainability is a challenge, according to Reuters. Speaking at the Reuters Impact conference in London during the panel discussion, “Collecting consistent, comparable and quality data,” Seidel is quoted as saying: “We are ...
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News briefsXponential Fitness signs deal with Gympass, cites 3-year operating targets
The largest global franchisor of boutique fitness brands has issued new operating targets for 2026 that include systemwide sales of $2.33 billion, revenues of $405 million and adjusted Ebitda of $190.0 million as it opens 500 new studios. Xponential Fitness, which generated a 9 percent increase in Q2 net profit ...
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News briefsHanesBrands and G-III announce licensing agreement for Champion, C9 Champion outerwear
HanesBrands and G-III Apparel Group have entered into a strategic, multi-year licensing agreement for the design, production and distribution of outerwear for the Champion and C9 Champion brands in North America, which includes exploring opportunities in Champion’s global network as a key partner. “G-III’s proven track record in category expansion ...
