News Briefs – Page 75
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News briefsFabletics launches desert-inspired collection with Khloé Kardashian
California-based activewear brand Fabletics, founded in 2013, has announced its latest celebrity collection in collaboration with entrepreneur, fitness enthusiast and television star Khloé Kardashian, launching Sept. 8. The nine fashionable pieces feature a desert-inspired theme that the company says reflects Kardashian’s perseverance and is directly influenced by her ability to ...
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News briefsZalando appoints VP of Sustainability and Diversity & Inclusion
Source: Zalando Pascal Brun Online retailer Zalando has hired Pascal Brun, a renowned expert in the textile and apparel industry, as its new Vice President of Sustainability and Diversity and inclusion (D&I). In his role, he will report directly to Padmaja Bommareddy, SVP of Corporate Development. The ...
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News briefsAmer Sports confidentially files for IPO
Amer Sports, the Finland-based company controlled by Anta Sports and parent of Salomon, Wilson, Atomic, Arc’teryx, Peak Performance, Armada and other brands, has confidentially filed for an initial public offering in the USA to offer between $1 and $3 billion of its equity, Bloomberg reports, citing sources familiar with the ...
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News briefsG-Shock NFTs to come
Casio is opening a “digital community” through Discord for customers of its long-running G-Shock line of digital watches. On Sept. 23, moreover, the company will be issuing and distributing, free of charge, through the Polygon blockchain, an initial run of 15,000 “G-Shock Creator Pass” NFTs. Holders will ...
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News briefsSports stars back Apex Capital’s new €50 million sports fund
Lisbon-based Apex Capital, an investment firm that partners with professional athletes, has announced the launch of its new €50 million Elite Performance Fund. Formula One drivers Carlos Sainz, Lando Norris and Valtteri Bottas are among the sports stars confirmed as part of the new fund. Other backers include Manchester United’s ...
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News briefsManchester United will reportedly be taken off the market
The Daily Mail has revealed that the Glazers are going to take Manchester United off the market after failing to get close to their anticipated asking price. The newspaper cites “a source with long-standing close ties to the American family.” Reports in February suggested that a Qatar-based consortium of private ...
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News briefsDecathlon appoints Jimena Almendares as chief digital officer
Source: Decathlon Jimena Almendares Decathlon has announced the appointment of Jimena Almendares as Global Chief Digital Officer. She joined Decathlon in August. Almendares has 20 years of experience in business innovation and has worked in 16 countries across North America, Latin America, Europe and Asia. Before joining ...
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News briefsAre Visa and Mastercard raising fees?
The Wall Street Journal reported on Aug. 30 that, according to company documents it had seen and sources it had spoken with, Visa and Mastercard would be raising interchange fees – that is, the fees charged to merchants when they accept customer credit cards. The rise was to occur this ...
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News briefsTraceability specialist Haelixa receives capital injection from ZSIG
Switzerland-based Haelixa has announced that it has received a new capital injection from the Zürich Silk Association (ZSIG). Haelixa offers proprietary solutions to physically mark, trace, and authenticate products along the consumer goods supply chains, empowering textile and fashion companies to make more responsible choices. Its founders developed the concept ...
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News briefsNike introduces the ISPA Link Axis, a fully circular shoe
Source: Nike ISPA Link Axis production Nike is launching the ISPA Link Axis, described by the brand as its “first exploration into creating a fully circular shoe,” a closed-loop system that yields no waste. Every part of the Link Axis can be recycled, claims the company. ...
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News briefsVölkl celebrates 100 years “Made in Germany” with limited-edition skis
Source: Völkl Limited Edition 1923 Mantra German ski manufacturer Völkl is currently celebrating its 100th birthday. Since its founding in 1923 by Franz Völkl, the Bavarian company has become Germany’s largest and last remaining major ski manufacturer and has been operating worldwide for decades. To properly celebrate ...
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News briefsUnder Armour appoints John Varvatos as Chief Design Officer
Source: Under Armour John Varvatos Under Armour has a new Chief Design Officer in fashion industry veteran John Varvatos, who will join the company on Sept. 11, 2023. Varvatos joined UA as a consultant earlier this year and brings his extensive expertise in style and form to ...
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News briefsAlibaba.com launches “Super September”
Since Sept. 1, the global B2B e-commerce platform Alibaba.com has been running “Super September,” its biggest B2B sales event of the year. Super September brings together more than 40 million buyers and 200,000 sellers from around the world to discover new products and services and shop more securely online. More ...
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News briefsYanmar develops new marine activity called “Wheeebo”
Yanmar, a Japanese supplier of small and large engines, agricultural machinery and equipment, construction equipment, power systems, marine equipment, machine tools and components, has developed a new marine activity called Wheeebo. Users of the round board lean in the desired direction of travel – similar to using a hoverboard on ...
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News briefsCoats completes sale of European Zips business
Coats said that it has completed the sale of its low-margin European Zips business. In July, the British industrial thread and global footwear component manufacturer, announced that it had entered into an agreement to sell its European Zips business to Aequita for an expected nominal cash consideration of around $1 ...
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News briefsSaudi Arabia is reportedly lobbying to host the FIFA 2034 World Cup
Saudi Arabia is refocusing its ambitions on a sole bid for the FIFA 2034 World Cup. The original idea of co-hosting the event in 2030 alongside Egypt and Greece has reportedly been abandoned, according to The Times, as the country’s authorities are already lobbying with senior figures in European football ...
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News briefsIntersport International has a new commercial director
Source: IIC Pierre Irelli Pierre Irelli has been appointed commercial director at Intersport International (IIC). Irelli was most recently chief product officer at Intersport France, a role he has held since 2019. He started his professional career in 2013 at Intersport as a category manager for team ...
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News briefsLouis Vuitton launches first campaign featuring Carlos Alcaraz
Louis Vuitton has unveiled its first marketing campaign featuring Carlos Alcaraz. The Spanish tennis star was announced as a brand ambassador earlier this summer. Alcaraz is appearing in Louis Vuitton men’s New Formal Collection campaign, where he wears evening wear from the brand’s spring/summer 2024 collection. Video: Carlos ...
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News briefsOn says it’s made “good progress” towards sustainability goals in 2022
Hot on the heels of its Q2 financial figures, On has released the company’s second most important set of numbers: its sustainability progress figures. The Impact Progress Report 2022 marks On’s third annual sustainability report. The company, which has as its dream “a future where everything we make is fossil-free ...
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News briefsTopgolf Callaway Brands among investors in EP Golf Ventures’s first investment fund
EP Golf Ventures, a strategic investment partnership between Elysian Park Ventures and the PGA of America designed to support innovation in the golf industry, has announced the completion of the first closing of its first investment fund, EP Golf Ventures Fund I. Selected investors in EP Golf Ventures Fund I ...
