News Briefs – Page 91
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News briefs
Nike Well Collective vision commits to support the holistic notion of wellness
Nike is introducing Nike Well Collective, a vision that is meant to epitomize the brand’s commitment to serving the full spectrum of wellness – body, mind and life. Nike Well Collective, which is said to be “inspired by insights from women” and the Nike Sport Research Lab, is built ...
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News briefs
IOC and WIPO collaborate on IP use in sports
The International Olympic Committee (IOC) and the World Intellectual Property Organisation (WIPO) are partnering in the area of sport-related intellectual property (IP) rights. The two organizations have signed a framework cooperation agreement to promote the use and management of IP in sports and establish a legal framework for collaboration. The ...
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News briefs
U.S. Senator opens investigation into PGA Tour merger
The PGA Tour, DP World Tour and Saudi-backed Public Investment Fund (PIF) announced on June 6 an agreement “to unify the game of golf on a global basis,” as we reported earlier. Connecticut Senator Richard Blumenthal has now opened an inquiry into the merger in his capacity as chairman of ...
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News briefs
XXL's struggles continue, warns on Q2
Persistent weak consumer demand, resulting in a need for aggressive pricing and promotions, continues to plague Norwegian retailer XXL ASA. The multi-country operator, slated to formally report Q2 results on July 14, is forecasting lower Ebitda, gross margin, and revenues for the period. Second quarter Ebitda is forecast to come ...
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News briefs
Thermore launches Ocean Cycle-certified Ecodown Fibers Ocean
Milan-based insulation manufacturer Thermore has launched its new fiber product called Ecodown Fibers Ocean, which it says is the first thermal insulation made from 100 percent ocean-bound raw materials (PET bottles). The new product is Ocean Cycle-certified and made at Thermore’s production site in Hong Kong. Thermore’s commitment to clean ...
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News briefs
Red Bull launches global 4-vs-4 soccer tournament
A new global 4-vs-4 soccer tournament called Red Bull Four 2 Score was launched by the Austrian beverage and sports event giant on five continents and in more than 20 countries, including Brazil, the USA, Kenya, the UAE, the UK, Germany and South Korea. The event series challenges male and ...
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News briefs
Adidas continues The Originals Creator Network
Adidas has announced the second edition of its educational program for underserved communities, The Originals Creator Network, in partnership with London-based creative agency and youth-led new media platform Guap. The mentorship program, first launched in March 2022, selects 40 emerging creatives from London for a series of mentorship workshops and ...
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News briefs
Superfeet welcomes former Nike executive as new CEO
Washington state-based insole manufacturer Superfeet has named Trip Randall as its new CEO. Randall has more than 23 years of experience in the footwear market and has held various positions at Nike, including Vice President and General Manager of Nike Running in North America, Global Vice President and General Manager ...
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News briefs
POC with new Head of Sales EMEA
Source: POC Oliver Coxhead POC, the manufacturer of snow sports and cycling helmets, goggles, protective equipment and apparel founded in Sweden in 2005, continues to expand its presence in key markets, adding important roles to its European and international sales organization. Oliver Coxhead, the current Country Manager ...
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News briefs
Decathlon unveils 3D-printed shoe
Decathlon, in partnership with printing specialists HP and the Italian-based Lonati (manufacturer of circular knitting machines), unveiled an innovation in shoe manufacture at the ITMA trade show in Milan, presenting a 3D-printed shoe. The shoe combines a sock made using Lonati’s XT-Machine and Double Cylinder E1530XS knitting machines, which enable ...
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News briefs
Adidas licensee to introduce a new pádel brand
All for Padel (AFP) is planning to field its own brand, according to a pair of reports in CMDsport. The brand is to make its debut in December (for the Christmas season); include racquets, apparel and shoes; and take aim at “the new generations.” CEO José Luís Sicre assures CMDsport ...
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News briefs
TradeInn looks abroad to break half a billion
TradeInn currently derives 82 percent of its sales from outside its home country of Spain, Diffusion Sport reports, citing an interview with CEO David Martín by Ecommerce News. Last year’s revenues amounted to €433 million, up by 14.55 percent year-on-year. Spain accounted for €78 million of the total. This year’s ...
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News briefs
Nobis expands into China via joint venture
Nobis Inc, a Canadian outerwear and accessories brand available in over 35 countries in the Americas, Europe and Asia, announced its joint venture with Shenzhen-based multi-brand fashion group ShenZhen Ellassay Fashion Co. as part of Nobis’ global expansion strategy. The strategic alliance leverages the strengths of both ...
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News briefs
Wolverine Worldwide appoints new Global Brand President for Sweaty Betty
Source: Wolverine World Wide, Inc. Melissa Mullen Melissa Mullen has been named Global Brand President of Sweaty Betty, a premium women’s activewear brand acquired by Wolverine World Wide, Inc. in August 2021. Mullen, an experienced leader in consumer-facing and omnichannel retail, most recently served as VP and ...
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News briefs
New chairman at Intersport Spain
Intersport Spain’s board of directors has a new chairman in Maite García Frutos, according to Diffusion Sport. García Frutos is chief executive of Tovarsport, an Intersport retailer in Murcia, and has had a seat on the board for the past 15 years. Oriol Tomás Carulla is stepping down from the ...
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News briefs
Sprinter revamps store in Granada
Sprinter has overhauled and reopened one of its top stores, located at the Granaita de Pulianas mall in Granada, Spain. According to Diffusion Sport, this more experiential version of the store covers some 2,300 square meters and has expanded its staff from 39 to 50. A section called Sports Lab ...
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News briefs
Has Anta signed Kyrie Irving?
Talksole has posted a photo on Instagram that swirls the rumor mill around Kyrie Irving, whose contract with Nike was terminated last November after public statements related to anti-Semitism. In the said photo, the NBA player is wearing a black pair of the Shock Wave Pro 5 shoes of the ...
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News briefs
StockX rejected $30 million worth of fake sneakers over the last 12 months
Detroit-based resale platform StockX has released a new report with data on its latest verification advancements and metrics. According to the document, titled Big Facts: The Verification Report, StockX rejected nearly $90 million worth of products that did not meet verification standards over the last 12 months. The most cited ...
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News briefs
Nike to open megastore in Malaga in 2024
Nike will open a two-floor store in the sixth largest city in Spain, Malaga, in 2024, according to El Español. The store near the Plaza Mayor Shopping Center will also comprise a gym operated by another company. Construction work, which is already underway, is expected to be completed by March ...
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News briefs
Frasers to launch Sports Direct in Indonesia via joint venture
Frasers Group subsidiary Frasers Group Asia Sdn Bhd (FGA) will bring Sports Direct to Indonesia via a joint venture with local retailer PT MAP Active, which acquired Foot Locker stores in Singapore and Malaysia earlier this year. The British company said the collaboration is the first step in a regional ...