Corporate:
+++ Frasers Group, which is already a minority shareholder in Hugo Boss, denies rumors that it plans to made a bid for the German fashion company
Legal & Institutional:
+++ The state court of Nordrhein-Westfalen has rejected a claim for damages by a Germany sports retailer, Intersport Drucks, which sued the state for its failure to compensate it for lost sales due to the federal coronavirus-related lockdown measures
+++ Deckers has launched separate suits in California against Airwalk and five other brands or companies, charging that they imitate Sanuk’s Yoga Sling sandal
+++ UEFA and the United Nations High Commissioner for Refugees (UNHCR) are partnering on a Cooperation Protocol that commits the two organizations to establishing long-term initiatives to support refugees and forcibly displaced people
+++ The China Cotton Textile Association (CCTA) has elected Dong Kuiyong as its new chairman +++
Management:
+++ Markus Rech, who led the German SportScheck chain for five years until April 2020, has now resigned as CEO of Takko Fashion, a German chain of discount apparel stores, after only a few weeks in the post
+++ John Douglas, former chief technology officer at Burberry, MCM Fashion and Tory Burch, has been appointed to a similar position at Gymshark
+++ Polar has appointed Manu Lafora, previously the head of Polar Iberica for 12 years, as managing director of Polar Italia and the new South Europe region +++
Retail:
+++ After opening stores at three European ski resorts, CMP opens one in the Italian city of Verona
+++ Fanatics opened a new teamwear store for the Paris Saint-Germain football team in the Westfield Century City Mall of Los Angeles
Product:
+++ On Running says it has developed an experimental, hybrid shoe, the Cloudnova Z5, as the first of a series of special-edition “cross-breads,” or “Monsters,” that pairs the upper of the Cloudflash running shoe with the sole of its more comfortable Cloudnova
Marketing:
+++ Zoggs has signed up Kari-anne Payne, a retired triple Olympic champion in 10K open-water swimming, as brand ambassador
+++ The Professional Triathlon Organisation (PTO) has named Huub as the official outfitter of Team Europe at the inaugural Collins Cup, a new triathlon event modelled after the Ryder Cup, with European, International and U.S. athletes competing against one another +++
+++ Slinger Bag agreed a partnership deal with Ultimate Tennis Showdown (UTS), an international individual tennis league inspired by e-sports, that made Slinger Bag a sponsor for the UTS event at the Mouratoglou Academy on the French Riviera on May 24-25
+++ Extreme E, an off-road racing series for electric SUVs, has announced the British sustainable brand Coral Eyewear as a sunglass supplier
+++ UNKNWN is collaborating with Sports Illustrated (SI) on a capsule collection that honors LeBron James’ first cover on the American sports magazine