Corporate:

+++ Levi Strauss & Co. says it is in line to acquire Beyond Yoga, an apparel producer specializing in leggings and other “body positive apparel” that will potentially add $100 million to the group’s revenues this year

+++ Arts et Bien, a Paris-based private equity firm, has acquired a majority stake in Pecheur.com and Chasseur.com, Sport-Guide has reported

+++ An Argentinian company, Bicontinentar Footwear Technologies, has bought a former factory of Paquetà that made Adidas shoes before being closed in 2018, to make shoes for a local brand, Athix, as well as Diadora and other companies, reportedly including Joma and New Balance

 

Management:

+++ Danilo Amoretty, a former manager of VF Corp., gets promoted by Carhartt to the newly created position of senior vice president of global product supply and operations

+++ Urs Stalder has stepped down as CEO of Sanitized after nearly three decades with the company and has been replaced by Michael Lüthi, a member of the family that owns Sanitized, but Stalder will remain as a member of the executive board

 

Legal & Institutional:

+++ Amazon has disclosed that Amazon Europe has been assessed a fine of $886.55 million nu the Luxembourg National Commission for Data Protection (CNPD) for processing personal data in violation of the European Union’s General Data Protection Regulation (GDPR)

 

Trade Shows & Other Events:

+++ The Vietnam Footwear & Leather Show in Ho Chi Minh City, originally scheduled in November, will be turned into a digital sourcing platform for international buyers, with the next physical fair now planned for July 13-15, 2022

+++ The venue for the next European Fishing Tackle Trade Exhibition (EFTTEX), scheduled to take place in June 2022, was hit by a fire that damaged 10,000-sqm of Hall 1 at PVA Expo Prague

 

CSR & Sustainability:

+++ Anta Sports Products has donated the equivalent of around $7.7 million to a charitable foundation of Henan province to help finance recovery efforts from the recent strong floods

 

Obituary:

+++ The World Federation of the Sporting Goods Industry has announced the death of the 62-year-old Jeroen Snijders Blok, who chaired the WFSGI Bicycle Steering Committee from 2011 to 2020 and was made an honorary director of the federation before his passing