All News briefs articles – Page 101
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News briefsMayden returns to Jordan as Chief Design Officer
Nike Inc. has named Jason Mayden as Chief Design Officer for the Jordan brand. He returns to the brand where he started as the very first design intern 23 years ago. Most recently, Mayden served as President of Fear of God Athletics from 2020 to late 2022. He previously spent ...
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News briefsPeak Ski promotes Catie Park to business development director
Source: Peak Ski Company Catie Park Montana-based Peak Ski Company has promoted Catie Park to Director of Business Development and Special Projects. Park most recently served as Retail Manager at Peak. “Catie’s passion for all things outdoors and the mountains, including skiing, hiking, and backcountry adventures, makes ...
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News briefsManagement changes at Alibaba
Chinese e-commerce giant Alibaba Group has announced the appointment of Eddie Yongming Wu as Group CEO and Chairman of Taobao and Tmall Group with immediate effect. He will also serve as CEO of the two subsidiaries. He replaces Daniel Zhang, who is resigning from the group’s executive positions to focus ...
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News briefsNordica launches US Connect Tour
Nordica announced The Connect Tour for the US market, a multi-resort national tour for women to help connect and build communities through group ski days. “Skiing makes people feel alive. We want to share that joy with others and help them connect with a new ski buddy,” explains Carly Driscoll, ...
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News briefsEU court finds in favor of Super League
“The FIFA and UEFA rules on prior approval of interclub football competitions, such as the Super League, are contrary to EU law,” the Court of Justice of the European Union has ruled. FIFA and UEFA may not subject “any new interclub football project” to their prior approval or prohibit clubs ...
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News briefsCoDi receives $75.2m through private placement
Compass Diversified (CoDi), the Connecticut-based owner PrimaLoft, Boa Technology, 5.11 and Velocity Outdoor, completed a $75.2 million private placement offering of approximately 3.6 million of its common shares to an Allspring Global Investments mutual fund for $21.18 per share. “We are thrilled to receive this substantial investment from Allspring,” commented ...
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News briefsBlue Tomato expands “Rent Your Ride” rental service
Action sports and lifestyle retailer Blue Tomato is expanding its offer to rent selected products such as snowboards, splitboards, boots and bindings. As part of the “Blue Tomato Rent Your Ride” service, customers can obtain advice on the products in several stores in Germany and Austria and then rent them. ...
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News briefsRip Curl to expand its retail presence in Spain
Rip Curl, part of KMD Brands, is planning to expand its retail presence in Spain in partnership with the El Corte Inglés department stores, according to Modaes. Spain is Rip Curl’s second European market after France. The brand currently has three stores in Spain, where it also sells its products ...
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News briefsCanada Goose fills new position of President, Finance, Strategy & Admin
Source: Canada Goose Beth Clymer, new President, Finance, Strategy & Administration Canada Goose has created a new position – President, Finance, Strategy & Administration – and hired Beth Clymer, who will be responsible in this role for finance, human resources & culture, corporate strategy and legal. “Beth ...
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News briefsAlibaba.com records rising demand for smart fitness and sustainable sports products
B2B e-commerce platform Alibaba.com recently published the most important trends among B2B buyers in the sports sector. The Chinese company found that the total number of orders for smart fitness products increased by 51 percent year-on-year (mid-October to mid-November 2023 compared to the same period in 2022). The most popular ...
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News briefsDecathlon reportedly continued to sell in Russia, denies allegations
According to investigative media site Disclose, French sporting goods retailer Decathlon has secretly continued to sell clothes in Russia despite its official announcement on March 29, 2022, that it was ending its activities in the country due to the war in Ukraine. In October of this year, Decathlon sold its ...
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News briefsMatthias Mack joins Descente
Source: Descente Matthias Mack After 30 years at Bogner, Matthias Mack has made the switch to Descente. The long-standing sales professional sees great potential for more growth for the Japanese brand on the German market in the recently formed alliance with sales partner Solo Tres BV from ...
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News briefsTonal offers trade-in program after Lululemon discontinues Mirror
Tonal, an intelligent home gym with a personalized approach to strength training, announced “Mirror Trade-In,” a trade-in program that offers customers of Lululemon Studio Mirror hardware the opportunity to replace their discontinued Mirror device with a Tonal device. Lululemon stopped selling Mirror hardware and announced it would stop producing new ...
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News briefsNew CEO for PrimaLoft
Compass Diversified (CoDi), the Westport, Connecticut-based owner of several sporting goods brands, including Boa Technology, 5.11 and Velocity Outdoor, announced the appointment of Anne Cavassa as Chief Executive Officer of its subsidiary PrimaLoft Inc. effective Jan. 1, 2024. The move follows Cavassa’s recent appointment as President of the company. The ...
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News briefsEyewear start-up Out Of raises over €7m in crowdfunding
Out Of, the Italian-based sports eyewear start-up, has raised a total of €7.6 million from approximately 580 investors through a 30-day crowdfunding campaign on Mamacrowd earlier this autumn. According to Italian media, it was the largest ever crowdfunding campaign in Italy, close to the legal €8 million upper limit. New ...
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News briefsVF Corp. operations impacted by cyber attack
The Vans, the North Face, and Timberland parent VF Corp. disclosed its Dec. 13 discovery of cyber attack breach on its systems in a public filing. The group, which has initiated an incident investigation with experts and been forced to shut down some systems, confirmed that that cyber attack has ...
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News briefsDecathlon to offer ultra-fast car chargers at UK stores
Decathlon has partnered with public electric vehicle charging infrastructure provider Be.EV to provide ultra-fast electric vehicle charging points in a number of stores across the UK. This is Decathlon UK’s first partnership with a public charging network. Locations are already planned in various stores across the UK, with the Decathlon ...
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News briefsXtep purchases Wolverine’s stake in joint venture
Xtep Intl. is paying Wolverine Worldwide $61 million for its share of a joint venture that the two companies established in 2019 for the distribution of the Saucony and Merrell brands in Greater China, Hong Kong and Macau. Additionally, due to the early success and profitability of the Saucony brand ...
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News briefsFarfetch acquired by Coupang
Luxury fashion online retailer Farfetch has been acquired by South Korean e-commerce company Coupang for an undisclosed sum. Coupang has already founded a company called Athena Topco LP together with the financial firm Greenoaks Capital Partners LLC for the purpose of the takeover. The deal reportedly provides the ailing luxury ...
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News briefsAsics honored for its sustainability achievements
Japanese sportswear firm Asics Corp. has been selected for the ninth consecutive year as a component company of the Dow Jones Sustainability Asia/Pacific Index (DJSI Asia/Pacific). The Dow Jones Sustainability Indices (DJSI), jointly determined by S&P Dow Jones Indices and ESG assessment company SAM, measure the performance of companies selected ...
