Corporate:

+++ JD Sports Fashion has finalized the sale of Sports Unlimited Retail, which owns the Aktiesport and Perrysport chains in the Netherlands, to its 50.02 percent owned Iberian Sports Retail Group (ISRG) for €16.5 million

+++ Clarus Corp. has finalized the acquisition of Rhino-Rack for the equivalent of €172 million in cash and shares, and expanded its existing senior credit facilities to a $100 million revolving credit and a $125 million term loan

+++ Giovanni Pietra, who left as chief sales officer of Babolat in 2017, has made an investment in Rushmix, a five-year-old French company whose technology allows companies to put together their videos

 

Executive Changes:

+++ Nicola Rosin, who left the Selle Royal Group in October after 19 years, has been named CEO of Colnago

 

DTC & E-Commerce:

+++ New Balance has opened a new 180-square-meter store in Madrid, at calle Fuencarral 39

+++ Salewa has opened a 140-square-meter mono-brand store in Munich, the city where the brand was born in 1935

 

Marketing:

+++ On Running has launched a “Dream On” digital campaign to attract new loyal customers

+++ Joma will continue to be the official footwear supplier of the World Padel Tour for the next few years

+++ Macron will continue as title sponsor of the Warrior Viadana, and Italian club of Powerchair hockey, after ten years of collaboration

 

Events:

+++ The International Cricket Council (ICC) said that the men’s Twenty20 World Cup , scheduled to take place from Oct. 17 to Nov. 14, has been moved away from India, due to a second wave of Covid-19 in the country, to the United Arab Emirates (UAE) and Oman