News Briefs – Page 93
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News briefsApparel brands address textile waste management in new report
Apparel brands have come together with the Policy Hub – Circularity for Apparel & Footwear and Eunomia Research & Consulting to research and publish a set of principles for an effective waste management system to tackle pollution and facilitate the transition to a circular economy for textiles ...
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News briefsNike strikes deal with video game giant
Source: Nike Nike Virtual Studios has established a partnership with EA Sports, producer of such video games as the FIFA series and Madden NFL. The objective is to “build new immersive experiences” and open new avenues for customization, especially through .Swoosh. As our readers might recall, .Swoosh ...
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News briefsFoundation Wellness acquires Currex
Foundation Wellness, a U.S. manufacturer of insoles and orthotics under several different brands, has acquired Currex, a German brand of insoles designed for athletes and active people. According to the company, Currex is the leading brand in running retail in the U.S. and Germany. With this acquisition, Foundation Wellness expands ...
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News briefsAdidas signs golfer Rose Zhang
Source: Adidas Rose Zhang Adidas has signed American golfer Rose Zhang to a multi-year contract. The most decorated athlete in the history of amateur women’s golf will wear apparel, footwear and accessories from the German brand as she begins her professional career on the course. Zhang’s accolades ...
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News briefsMitre official ball sponsor for TST 7v7 football tournament in North Carolina
British brand Mitre, part of Pentland Brands, has been announced as the official match ball supplier for The Soccer Tournament (TST), an international football competition that kicks off in Cary, North Carolina, on June 1, 2023. The tournament, which will award $1 million in prize money to the winner, will ...
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News briefsCanada Goose to open stores in Australia
Canada Goose is entering Australia in partnership with the Australian retail group Brand Collective, with plans to open stores in Melbourne and Sydney later this year. The partnership with Brand Collective is the company’s first foray into the luxury market. In addition, Canada Goose will establish an e-commerce platform and ...
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News briefsBabolat launches range of specially designed children’s racquets
Source: Babolat Babolat is introducing a range of racquets conceived, designed and developed for the specific needs of 4–12 year-olds. The range was designed based on input from the French laboratory LIBM (Laboratoire Inter-Universitaire de Biologie et Motricité), which studied what a racquet needs to avoid injuries ...
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News briefsMacron’s latest partnerships in football and rugby
Macron, the Italian teamwear firm headquartered near Bologna, has announced a series of new partnership agreements. First, Macron is to be the new Referee Match Kit Supplier of the Confederação Brasileira de Futebol (CBF). Macron will kit out all the referees in the matches organized by the CBF for the ...
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News briefsCourt ends insolvency proceedings of Galeria Karstadt Kaufhof
By order of a German district court, the insolvency proceedings of the Galeria Karstadt Kaufhof (GKK) department store group will come to an end at the close of May 31. This makes legally binding the insolvency plan for the department store chain, which was approved by the creditors’ meeting of ...
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News briefsFinnish factory to begin spinning its web
Woodspin is set to begin operating what it calls a “zero-emission factory producing sustainable textile fiber from certified wood at scale.” Its objective is to produce an annual yield of a thousand tons of Spinnova textile fiber, and to scale up to a million with the aid of a second ...
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News briefsAdidas may have to pay West $75 million
The Yeezy nightmare seems to be far from over for Adidas. According to Bloomberg, a federal judge in Manhattan denied Adidas’ request for an emergency order to refreeze $75 million that Kanye West would have been entitled to receive for marketing the Yeezy brand. The payment freeze was originally imposed ...
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News briefsNike appoints new Converse CEO
Following last week’s leadership changes, Nike has announced a new president and CEO for Converse. Jared Carver will succeed Scott Uzzell, effective June 1. Carver will report to John Donahoe, President & CEO of Nike, Inc. Uzzell has transitioned to a new role as VP/GM, North America for Nike. Carver ...
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News briefsAthleta Q1 sales fall by 11 percent
Athleta, the Gap-owned retailer, which continued to face consumer pushback to certain products during the period, reported an 11 percent year-over-year decline in Q1 sales to $321 million. However, revenues were 45 percent higher than in Q1/19 before the pandemic commenced. Comparable store sales fell by 13 percent. Athleta ...
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News briefsFitFlop partners with new distributors to support global expansion
Shortly after receiving a new $30 million, 5-year revolving credit facility from independent lender Aurelius Finance Company to support its long-term growth ambitions, London-based footwear company FlipFlop announced that it has secured several new global distribution partners to support its growth: Spain: Albion 1897 Canada: Slavin+Raphael Eastern Europe: Orbico ...
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News briefsUnion Sport & Cycle with new event about innovation
Union Sport & Cycle (USC), the French sporting goods and cycling industry association, has announced the launch of NEXTGEN by USC, a new event for sports industry players focusing on innovation and the social impact of sports. The event’s inaugural edition will take place on June 19-20 at the Maison ...
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News briefsNFL expands its Global Markets Program to new European markets
The National Football League (NFL) has announced the growth of its Global Markets Program, with new markets and new clubs set to participate in 2023. Twenty-one clubs will now participate in the program in 2023 across 14 international markets, up from 19 participating clubs in ten countries in 2022. The ...
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News briefsFIFA and WHO extend collaboration
FIFA and the World Health Organization (WHO) have agreed to extend their collaboration to promote health through football worldwide. FIFA president Gianni Infantino and WHO director-general Tedros Adhanom Ghebreyesus signed a four-year extension to the Memorandum of Understanding, which has been in place since 2019, during the 76th World Health ...
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News briefsISPO Munich to have two pádel courts
According to the Spanish Sport Association (Afydad), this year’s edition of ISPO Munich (Nov. 28–30, 2023) will have two pádel courts at the Padel Village. Brands will be permitted to set up matches there for their sponsored pros, display their wares at the Padel Village stand and ...
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News briefsNew FIS Games in 2028
The International Ski and Snowboard Federation (FIS) has announced the upcoming creation of a new competition of an unprecedented size among snow sports events. The new FIS Games, taking place over 16 days, will represent the full range of snow sports talent from both Olympic and Non-Olympic sports, including para ...
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News briefsSpain hits the milestone of four million federated athletes
The total number of federated athletes in Spain exceeded four million for the first time in 2022. According to figures from the Spanish Ministry of Culture and Sports, federated athletes were 4.1 million last year, representing both a record number and a rise of 4.5 percent compared to the pre-pandemic ...
