All articles by Jesper Johansson – Page 2
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News briefsPuma expands supervisory board, elects two new independent members
Puma has expanded its Supervisory Board with the election of Harsh Saini and Roland Krüger as independent members during its annual general shareholders meeting. Their election follows the departure of long-time board member Thore Ohlsson and marks an increase in the board’s size from six to seven members. The pair ...
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ArticleNidecker Group acquires iconic skate brands, expands legacy in action sports
The Nidecker Group has announced the acquisition of the skate brands Etnies, éS, Emerica and ThirtyTwo from Sole Technology. The deal sees Sole Tech’s founder, Pierre André Senizergues, remain CEO while retaining a minority interest in the brands. Under the leadership of Senizergues, the brands have become pioneers in the ...
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News briefsAre helmets about to be normal gear for every surfer?
Surfing has traditionally shunned helmets, but rising concerns about head trauma are changing attitudes in the sport. At this year’s Lexus Pipe Pro, an increasing number of Championship Tour surfers wore helmets, recognizing the risks posed by dense crowds and dangerous breaks over shallow reefs. While helmets remain optional at ...
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News briefsNike unveils ‘Nike Jam’ sneakers for breakdancing debut at 2024 Summer Olympics
With the 2024 Summer Olympics on the horizon, Nike is set to make a splash in the debut of breakdancing as an official competition sport. Introducing the Nike Jam, a performance sneaker crafted specifically for breakdancers, which was unveiled at Nike’s “Nike on Air” Olympic preview event last month. Designed ...
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News briefsFootBalance wins at 2024 Sports Technology Awards with 3D foot scanning tech
Finnish company FootBalance clinched the top spot in the Medical category at the 2024 Sports Technology Awards with its MyFootBalance 3D foot scanning technology. The awards ceremony, held in London on May 9, 2024, celebrated the forefront of sports technology innovation, recognizing leaders across 23 different categories. The company’s founder, ...
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ArticleCastore opens first London outlet store at The O2
Castore has launched its first London outlet store at Outlet Shopping at The O2. This new storefront occupies 121 square meters on the upper level of the complex, nestled next to Reiss. The store features a range of Castore’s women’s and men’s athletic wear and includes a special section for ...
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News briefsLaura Miele joins On’s Board of Directors
On Holding announced the election of Laura Miele to its Board of Directors as an independent member. Miele will also contribute to the Audit Committee. “We are thrilled to welcome Laura to the On Board of Directors and could not be happier for such a qualified and dedicated individual to ...
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News briefsRetail resilience: physical stores prove crucial for driving growth in digital era
The retail landscape, deeply transformed by the Covid-19 pandemic, is demonstrating resilience and a symbiotic relationship between physical stores and online sales. Despite the surge in digital shopping during the pandemic’s peak, recent data indicates that brick-and-mortar stores remain essential for driving growth in the retail sector. According to an ...
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News briefsAdidas CEO faces backlash over use of kangaroo leather amid protests at annual meeting
Adidas CEO Bjørn Gulden is facing scrutiny over the company’s use of kangaroo leather following a protest at the annual general meeting. Activists from Animal Rebellion disrupted the event with signs declaring, “Kangaroo leather is cruel,” highlighting the contentious issue surrounding the use of wild Australian animals for products. Australia’s ...
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News briefsFanatics secures retail and merchandising partnership with golf’s R&A
Fanatics has secured an extensive omnichannel retail and merchandising partnership with the R&A, the governing body for golf outside of the USA and Mexico. This long-term agreement encompasses e-commerce, event and physical retail, memorabilia, and licensing rights for The Open and AIG Women’s Open. Under the deal, Fanatics will manage ...
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News briefsChampion unveils weighted hoodie to enhance mental health support
Champion has unveiled its latest product, the Champion Weighted Hoodie. This adaptive apparel prototype is designed to promote mental health and provide comfort. The hoodie integrates weighted technology commonly used in therapeutic blankets, inspired by a brand survey where over ninety percent of 19 to 35-year-olds ...
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News briefsImperial acquires Pukka, bolsters position in custom headwear market
Imperial, now under the ownership of CPC, announced the completion of its acquisition of Pukka, Inc., a custom headwear company based in Findlay, OH. Known for its designs in golf, action sports, and team sporting goods markets, Pukka’s existing management team and operational structure will remain intact. Todd Johnson, CEO ...
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News briefsLululemon announces organizational restructure following Chief Product Officer’s departure
Lululemon has announced significant organizational changes following the resignation of Sun Choe, its Chief Product Officer, who is departing later this month to pursue a new opportunity. Choe’s exit marks the end of her seven-year tenure with the company, during which she significantly bolstered Lululemon’s product-focused leadership. Calvin McDonald, CEO ...
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News briefsPeloton shares drop as company announces $275m debt offering and refinancing plans
Shares of Peloton Interactive, Inc. tumbled by 16.3 percent following the announcement of the company’s plans for a comprehensive global refinancing effort. The fitness giant revealed it would issue $275.0 million in convertible senior notes due in 2029 as part of a private offering. Additionally, Peloton plans to secure a ...
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News briefsSuperdry prepares for emergency sale amid restructuring plan uncertainty
Superdry, the British fashion retailer, is facing a pivotal moment as it braces for the potential rejection of a restructuring plan proposed by CEO Julian Dunkerton. If creditors do not approve the plan, Superdry is set to launch a four-week emergency sale process, which could lead to a pre-pack administration ...
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News briefsAston Villa secures kit deal with Adidas, ends controversial partnership with Castore
Aston Villa, the Premier League soccer club, has announced a significant multi-year kit supply agreement with Adidas, starting from the 2024-25 season. This partnership marks the end of Villa’s current association with Castore, which has been marred by player complaints over the quality and functionality of the kits. The deal ...
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News briefsNorwegian sports chains see 9.5 percent sales decline in Q1 2024
Sports chains in Norway, including XXL, Sport1, Intersport, Anton Sport, Löplabbet, Stadion, Obs!, and Stadium Outlet, reported a significant sales downturn in the first quarter of 2024, with revenues dropping 9.5 percent compared to the same period in 2023, totaling 2.7 billion Norwegian kroner (€233.2 million). The decline is attributed ...
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ArticleZwiebler appointed permanent CEO of WFSGI, set to advance global sporting goods initiatives
Source: WFSGI WFSGI CEO Emma Zwiebler The World Federation of the Sporting Goods Industry (WFSGI) has officially named Emma (Mason) Zwiebler its permanent Chief Executive Officer, effective May 1, 2024. This decision follows her interim CEO role, which started on Nov. 1, 2023, and was confirmed during ...
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News briefsNike faces decline in running shoe website traffic as rivals gain ground
Nike has seen a notable decline in website traffic for its running shoe category, falling behind in a fiercely competitive market. According to Similarweb’s data, traffic to Nike.com’s running segment has steadily decreased from March 2022 to March 2024, a period during which rival brands like Brooks have caught up, ...
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Sports Direct loses court appeal over Newcastle United’s kit supply deal with JD Sports
Sports Direct has failed in its bid to secure a Court of Appeal ruling over a dispute with Newcastle United concerning the football club’s exclusive kit supply deal with JD Sports for the 2024/25 Premier League season. The Frasers Group-owned retailer sought a temporary court order to force Newcastle United ...
