Corporate:
++++ JD Sports Fashion reports that its executive chairman, Peter Cowgill, has disposed of 10,000,000 shares in the company at an average price of 213.2 cents, or a total of £2.13 million (€2.55m-$2.93m), reducing his stake to 0.19 percent of the capital
+++ Schwan-Stabilo, the owner of Deuter, Maier Sport, Gonso and Ortovox, has acquired a minority stake in Doghammer, a young German brand of sustainable, slippers, sandals, sneakers and hiking/trekking shoes (more in the Outdoor Industry Compass)
+++ Killer Instinct, an American supplier of crossbows and other archery products, is being taken over by a private equity firm, Generation Growth Capital Fund III
Retail:
+++ After opening three new Sports Direct stores in the Republic of Ireland last year, Frasers Group is launching its successful Flannels chain of fashion stores in the country, with three new stores due to open by the start of 2023
DTC:
+++ Munich, the Spanish brand of sports shoes and sneakers, has opened two new mall-based stores in Madrid and Valencia, raising the total number of mono-brand stores in Spain to 24
Marketing:
+++ Three American female long-distance runners – Sara Vaughn, Annie Frisbie and Dakotah Lindwurm – have joined Puma’s roster of sponsored athletes
+++ Expanding into tennis apparel, Lululemon has signed up Leylah Fernandez, the runner-up champion in the 2021 U.S. Open, as its first brand ambassador for the sport
