Corporate:

+++ In a regulatory announcement, JD Sports Fashion reports that Peter Cowgill, executive chairman of the group, has bought 50,000 shares in the company, raising its total holdings to 3,942,934 shares representing 0.4% of its capital (and carrying a value of £34.09 million)

 

Management:

+++ Melody Harris-Jensbach, the former product development manager of Puma and former CEO of Jack Wolfskin, has been appointed as general manager of the diversified Zeitfracht Logistik Holding group to oversee the integration of the recently acquired Adler chain of fashion stores

+++ Puma has announced that Prabhdeep Bedi has joined the company as director and head of direct-to-consumer (D2C) e-commerce operations in India

 

Retail

+++ Frasers Group has opened a digitally-enabled Flannels store in Sheffield, England, offering some activewear along with luxury fashion and beauty products on 55,000 square feet of retail space, to be followed by similar investments in Leicester and Liverpool

 

DTC & E-commerce:

+++ Working in partnership with Lids, Fanatics has opened its first NBA store in the U.K., located in the Carnaby Street shopping area of London, with plans to open three more stores around the world in the next 18 months

+++ Nike’s Jordan brand has inaugurated a 230-square-meter concept store at the Dubai Mall in Dubai, which is still the largest shopping mall in the world

 

 

Legal & Institutional:

+++ The U.K. government said it will no longer be mandatory to wear masks in a store from July 19, but it “expects and recommends” shoppers and staff to continue to wear them

+++ FIFA has appointed Kay Madati, who previously woked at Twitter, Viacom, Facebook, Time Warner and LinkedIn, as chief commercial officer

+++ Forcing importers to prove that their goods don’t violate the 1930 Tariff Act, the U.S. Senate has voted a bill creating a presumption that all products manufactured in China’s Xinjing Uighur Autonomous Region are made with forced labor, but the legislation still has to pass at the House of Representatives

 

Statistics:

+++ Consumer confidence has reached a 13-year record in the U.K., according to a poll of 2,000 adults conducted by PwC on June 18-20

 

Marketing:

+++ Under a new four-year contract from the 2021/22 season, Macron will replace Hummel as the new technical sponsor of Club Deportivo Castellón, a football club based in Castellón de la Plana, in the Valencian Community of Spain, that currently plays in the Spanish Primera División RFEF

+++ Nike is replacing Hungaria as the new kit supplier of Rugby Club Toulonnais (RCT), a French professional rugby union club based in Toulon that competes in the first-tier Top 14

 

CSR & Sustainability:

+++ North Sails Apparel has obtained B Corp certification, which confirms a company’s social and environmental performance based on the B Lab’s B Impact Assessment