News Briefs – Page 85
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News briefs
Global demand for “Made in China” increases on Alibaba.com
Chinese online wholesale marketplace Alibaba.com reported on its blog that cross-border demand for “Made in China” goods on its platform rose 33 percent year-on-year in the first half of 2023. Cross-border trade with Europe and the United States partially recovered through Alibaba.com between January and June, supporting continued rapid growth ...
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News briefs
Fila pushes sales at Anta Sports, all brands with strong performances
Second-quarter sales were up for all brands at Anta Sports Products Ltd. The Anta brand generated high-single-digit, year-over-year sales growth, while the Fila brand posted high-teens positive, year-over-year sales growth for the period. Retail sales of all other brands sold by the group were up 70 to 75 percent. For ...
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News briefs
About You, Yoox Net-A-Porter and Zalando expand their “Fashion Leap for Climate” platform
On the second year of their collaboration, About You, Yoox Net-A-Porter and Zalando are expanding their co-created “Fashion Leap for Climate” climate learning platform. The three online retailers have extended invitations to 250 of their brand partners, up from 55 brands who took part in the first year of the ...
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News briefs
Decathlon to run 17 stores in part on solar power
Decathlon Spain is installing some 12,542 square meters of solar panels onto the roofs of 17 of its stores, according to Diffusion Sport. It expects the panels to generate more than 3.7 million kWh, or about 35 percent of the stores’ annual consumption of electricity, for a savings of 1,277 ...
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News briefs
Fútbol Emotion on track for record year
Fútbol Emotion’s football, e-commerce and team-sports divisions have together achieved year-on-year growth of 70 percent for the first half of 2023, according to CMDsport’s sources within the company. Annual sales have risen from about €34 million in 2021 to €50 million in 2022. For the current year, the company is ...
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News briefs
SSU adds former Accell Group CEO to board of directors
Signa Sports United N.V. (SSU), an NYSE-listed sports e-commerce company with businesses in cycling, tennis, outdoor and team sports, announced the appointment of Anthonie Anbeek to its board of directors, effective April 1, 2024. Anbeek, an experienced consumer products and cycling executive who most recently served as CEO of bicycle ...
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News briefs
An online course on AI for footwear
Footwearology, the self-described “only academy for footwear professionals” with operations in Barcelona, has introduced a course called “AI for Footwear.” Taught by Nicoline van Enter, one of the founders of Footwearology and Footwearology Lab, the course is designed for managers seeking an understanding of AI as well as for designers ...
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News briefs
Zalando introduces size recommendations based on customers’ body measurements
The online shopping platform Zalando has introduced a new tool allowing customers to receive size recommendations based on their body measurements. Taking two photos with a smartphone in tight-fitting clothes is enough to determine body measurements and help customers find the right fit for their next purchase. This is an ...
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News briefs
Nike introduces new ReactX foam cushioning and the first sneaker to feature it
Source: Nike The new Nike ReactX foam is making its debut in the new Nike InfinityRN 4 running shoe. Compared to Nike React foam, the new ReactX foam is engineered to cut down its carbon footprint in a pair of midsoles by at least 43 percent thanks ...
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News briefs
Jordan Brand Jumpman appears on a WNBA uniform for the first time
The Jordan Brand Jumpman emblem appeared for the first time on a Women’s National Basketball Association (WNBA)’s uniform during the 2023 WNBA All-Star Game in Las Vegas on July 15. The logo appears on the chest of the jerseys and underscores the commitment of the Jordan Brand, jointly run by ...
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News briefs
ICC announces equal prize money for men’s and women’s teams in cricket
The International Cricket Council (ICC) has announced that men’s and women’s teams will receive equal prize money at ICC events. The historic decision was taken at the ICC Annual Conference in Durban, South Africa, ”well ahead” of the 2030 scheduled deadline that had previously been set for that objective. Teams ...
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News briefs
China Dongxiang increases Chinese Kappa sales in Q1
China Dongxiang, which has been publicly traded for 15 years and holds the rights to the Kappa brand in China, announced that retail sales at its Kappa and Kappa Kids stores - 1,020 doors at the end of the quarter, a decrease from the previous quarter of five stores - ...
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News briefs
11teamsports acquires Kickz
11teamsports, one of Europe’s leading team sports specialists for products and team services, has acquired basketball and streetwear retailer Kickz. Kickz was founded in Munich in 1993 and is a multi-brand retailer specializing in basketball and sneakers. Zalando purchased Kickz in 2017 and sold it in late 2019 to Play ...
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News briefs
Lotto extends partnership with AC Monza
Lotto Sport Italia and Italian football club AC Monza have announced an extension of their partnership agreement until and including the 2025/26 season. The partnership between the sportswear brand and the club has been in place since the 2019/20 football season. Founded in 1912, AC Monza currently competes in Serie ...
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News briefs
Westfield becomes a shopping destination for Paris 2024 official products
The Paris 2024 Organizing Committee for the Olympic and Paralympic Games (OCOG) has announced Westfield, part of the Unibail-Rodamco-Westfield (URW) group, as an official supporter of the Games, the third level in its national marketing program. Westfield has eight shopping centers in France, located in Ile-de-France, Lyon and Lille. Paris ...
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News briefs
Le Coq Sportif reportedly seeks €30 million in equity financing
In March 2020, Le Coq Sportif secured an agreement to supply apparel for the French Olympic and Paralympic teams for the Paris 2024 Games. The brand was awarded the kit deal as a result of an apparel supplier tender that was issued in September 2019. Three years later, and just ...
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News briefs
France’s new money-back scheme aims to encourage repairs
In its continuing bid to clean up the fashion industry, France is once again leading the way with legislation to encourage a more circular form of ownership. This week, Bérangère Couillard, the Secretary of State for Ecology, announced that individuals will be able to claim back between €7 and €25 ...
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News briefs
Are there similarities between football and chess?
Puma has announced a collaboration between five-time world chess champion Magnus Carlsen and professional footballer Christian Pulisic. The two athletes met on a football field to talk about the differences and similarities between chess and football. Similarities? Well, the conversation actually shows that there are many things that are relevant ...
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News briefs
Garmin begins labeling compatible products in showrooms
Garmin has instituted a program for retailers called “Garmin Ready.” The idea is to label e-bikes with that very phrase so as to inform prospective customers that the bikes are set up for wireless data exchange with a Garmin device, such as a GPS or smart-watch, and can display things ...
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News briefs
FIP expands by eight
At its recent general assembly the International Padel Federation (FIP) raised its total of countries represented to 71, thanks to the addition of eight: Slovakia, Montenegro, Kosovo, Luxembourg, Kazakhstan, Azerbaijan, Tunisia and Venezuela. Slovakia has established national men’s and women’s teams, built its National Padel Centre (with bi-weekly tournaments) in ...