News Briefs – Page 94
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News briefsSneaker resale marketplace Laced raises $12 million
UK-based sneaker resale platform Laced has secured $12 million in Series A funding on the same day it unveiled its new visual identity. The e-commerce site features the latest collections from several well-known brands, including Nike, Jordan, Adidas and New Balance. Founded in London in 2018, Laced facilitates the sale ...
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News briefsNorda launches second shoe model
Source: Norda norda 002 in Alpine White Norda, a running shoe brand from Québec, Canada, founded in 2021, has launched a new trail running shoe, the 002. In developing the 002, the brand focused on using the same materials and evolving elements of its very first model, ...
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News briefsPPL Cup to air on CBS
The Pro Padel League (PPL) will have its inaugural championship broadcast on television. The league has come to an agreement with the U.S. pay TV network CBS Sports, which will film the final match and air it about two weeks later, on June 22. The PPL was itself inaugurated last ...
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News briefsDecathlon Sports Marketplace cooperates with Puma
At the end of 2020, Decathlon opened its website to other brands. The new online business model, “Decathlon Sports Marketplace,” has since offered brands and partners the opportunity to add their products online to Decathlon’s existing retail offering. In doing so, Decathlon aims not only to offer its partners a ...
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News briefsLululemon’s “Further” looks to meet needs of female endurance athletes
Lululemon’s new “Further” initiative, announced this week, is set to include product launches and events celebrating human possibility and how far women can go when they’re supported with resources and product innovations. To mark the launch, Lululemon released its first-ever road-to-trail running shoe, Blissfeel Trail, a continuation of the brand’s ...
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News briefsAuthentic Brands Group forms Authentic Studios
Authentic Brands Group (Authentic), the parent company of more than 40 global brands including Sports Illustrated, Reebok, Nautica, Eddie Bauer, Spyder, Volcom, Tretorn, Prince and Airwalk to name a few, and currently in the process of acquiring Boardriders, has announced the formation of “Authentic Studios;” a full-service production studio designed ...
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News briefsTopsports sticks to gameplay despite volatile years
The Chinese sportswear retailer offering a portfolio of athletic brands, dominated by Nike and Adidas, suffered a 25 percent drop in net income attributable to shareholders to 1,836.6-million-yuan renminbi (€258.8m) for the 12 months ended Feb. 28. Gross margin slipped by 170 basis points to 41.7 percent from 43.3 percent ...
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News briefsBurton launches capsule with Design Your Pride contest winner
Source: Burton Burton has announced the Burton x Happy Impulse Capsule collection designed by Roberta Hall, aka “Happy Impulse;” winner of the brand’s 2022 Design Your Pride contest. Burton’s initiative called for LGBTQ+ artists from around the world to submit a body of work (in any medium) ...
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News briefsMunich sees sales jump 40%
Spanish sneaker brand Munich has registered a 40 percent sales increase for 2022, La Vanguardia has reported. Revenues for the full year 2022 reached €74.3 million, primarily driven by padel (+52 percent), domestic sales (+35 percent) and strong international sales. Munich was founded in 1939 by Luís Berneda in Sant ...
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News briefsSpanish eco-friendly fashion company launches sports brand
Ecoalf, a Spanish eco-friendly fashion company, is entering the sportswear market with Ecoalf Sports, its new brand of sustainable sportswear for running, cycling, surfing, yoga and pilates. Like its other collections, the new Ecoalf sportswear uses natural and recycled fibers. Founded in 2009 by Javier Goyeneche, Ecoalf posted revenues of ...
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News briefsAdidas and Prada launch first joint football boot collection
Adidas and Prada have unveiled their first joint collection of football boots. The Adidas Football for Prada collection for men and women combines Prada’s sophisticated codes and materials with Adidas’ performance football technologies. The collection reimagines three Adidas products – the Predator Accuracy, Copa Pure and X Crazyfast. The boots ...
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News briefsHummel launches re.hummel recycling program
Danish sportswear brand Hummel has launched a new recycling program to help customers handle their old sportswear while promoting a circular economy. Named re.hummel, the program is part of the brand’s new loyalty program. Customers can return used Hummel items in exchange for loyalty points, regardless of the item’s condition ...
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News briefsRiminiWellness expects 100,000 visitors
RiminiWellness, the international event for the wellness community in the Italian seaside town of Rimini, is targeting 100,000 visitors this year to match the pre-pandemic figure in 2019. Organized by the Italian Exhibition Group, the show claims to be “the world’s biggest gathering devoted to fitness, well-being, business, sport, physical ...
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News briefsAdidas launches Move For The Planet initiative in June
Source: Adidas Adidas has introduced Move For The Planet, a new global initiative to encourage people to turn their activities into actions. The company is committed to donating €1 to Common Goal for every 10 minutes of activity recorded on the Adidas Running App across 34 sports ...
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News briefsMeta receives record fine and must stop exporting Facebook’s EU user data
Meta (formerly Facebook) has been hit with a formal suspension order requiring it to stop exporting user data from the European Union to the U.S. for processing. The European Data Protection Board (EDPB) announced on May 22 that Meta Platforms Ireland Limited has been fined €1.2 billion by the Irish ...
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News briefsSão Paulo FC goes virtual
The latest sports team to expand into a metaverse is São Paulo FC. According to the metaverse’s custodians, Crypto Blockchain Industries (CBI), the “audiovisual content” will cover the professional men’s team, the women’s team, youth teams and club news. Fans will be able to talk to one another and gain ...
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News briefsAnta Sports receives several awards in Asia
Anta Sports Products Ltd, the parent company of Anta, Fila, Descente, Kolon Sport and the Amer Sports group, announced that it has received several prestigious awards in the areas of corporate governance, investor relations and sustainability. Most notably, Anta Sports was named “Best Managed Companies in Hong Kong - Consumer ...
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News briefsWilson breaks ground on new ball factory in Ohio
Wilson has broken ground on an expansion of its Ada, Ohio, plant, which is scheduled to open next summer and will measure nearly 7,500 sqm, more than double the size of the current facility. At present, the factory produces between 500,000 and 600,000 handmade NFL footballs annually. The goal for ...
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News briefsWolverine looking for new Saucony brand president
Anne Cavassa, who joined Saucony as the brand’s first woman president in May 2018 after more than 20 years working for the likes of Brooks Running, Timberland, Nike, and Reebok Intl., recently left Wolverine Worldwide (WWW). Senior company executives disclosed her departure during last week’s earnings conference call. Chris Hufnagel, ...
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News briefsOn and SportScheck launch 24-hour world record attempt
On May 24 and 25, Swiss brand On and German sports retailer SportScheck will jointly launch a world record attempt: The longest distance run in a relay on a treadmill in 24 hours. The “SportScheck Record Run 23” is an official world record attempt and will take place at the ...
