All News briefs articles – Page 105
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News briefsOrigify from Bosch protects sneakers against counterfeiters
Bosch is launching Origify, an invisible authentication solution to protect sneakers and other products against counterfeiters. Using a product-specific optical fingerprint, Origify detects luxury products along the entire product lifecycle. Contrary to physical security features, like serial numbers, barcodes, RFID, and others, Origify does not require any intervention in the ...
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News briefsAlibaba Group boosts sustainability efforts with membership of WBCSD
Alibaba Group, the ecosystem with over a billion users and a platform for millions of small businesses, has joined over 200 of the world’s leading sustainable businesses and is now a member of the World Business Council for Sustainable Development (WBCSD). “Alibaba’s position as the largest e-commerce and digital technology ...
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News briefsEileen Gu named global ambassador for 2024 Winter Youth Olympic Games
Source: IOC Chinese two-time Olympic and Youth Olympic freestyle skiing champion and record holder Eileen Gu The 20-year-old Chinese two-time Olympic and Youth Olympic freestyle skiing champion and record holder Eileen Gu will be the Global Ambassador for the 2024 Winter Youth Olympic Games (YOG) in Gangwon. ...
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News briefsAuthentic and Sakar form partnership for Reebok
Authentic Brands Group and New Jersey-based electronics company Sakar International have partnered to develop a range of sports and training equipment for Reebok. Under the partnership, Sakar International will design, manufacture and distribute Reebok-branded basketball, pickleball, baseball, soccer and football equipment, as well as electronics such as audio, tech and ...
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News briefsExpanded career zone at the next PGA Show
Following its successful launch in 2023, the PGA Show Career Zone is expanding in 2024. In addition to staff recruitment by golf industry organizations, the Career Zone will offer professional networking events and presentations on employment-related subjects. Informal employer-professional networking receptions will be held each afternoon. Furthermore, the Career Zone ...
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News briefsBelgium gets its first Blue Tomato retail store
Austrian board sports and lifestyle specialist Blue Tomato has opened its first store in Belgium. The 240-sqm shop is located in the center of Antwerp, on the historic Wiegstraat. Of the decision to open a store in Belgium, Tillmann Ruprecht, Director of Sales and Service at Blue Tomato, said: “Antwerp, ...
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News briefsSportScheck files for insolvency, Frasers pulls out - for now
After the real estate and retail holding company Signa, led by Austrian magnate Rene Benko, filed for insolvency last week following failed attempts to secure new financing, German retailer SportScheck GmbH has now also filed for insolvency. SportScheck has 34 stores in Germany and reported annual sales of around €350 ...
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News briefsUYN signs Bode Miller as brand ambassador
Italian technical sportswear brand UYN Sports has named former alpine ski racer Bode Miller as its first US brand ambassador. Miller and UYN will work together to create the Bode Miller Signature Baselayer Collection for men and women. This exclusive line of Natyon 3.0 baselayers is made with 40 percent ...
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News briefsFoot Locker expands to India
US specialty athletic retailer Foot Locker has entered into a long-term partnership with Metro Brands Ltd. and Nykaa Fashion to enter the Indian market. While Metro Brands will have exclusive rights to own and operate Foot Locker stores in India, Nykaa Fashion will be the exclusive e-commerce partner to operate ...
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News briefsRossignol supports promoting more diversity with limited edition ski model
Source: Business Wire Rossignol launches limited-edition ski to support increased diversity in the outdoors. French ski manufacturer Rossignol announced its new charitable ski initiative in the US in partnership with the Share Winter Foundation and renowned contemporary artist Ya La’ford. For over a year, Rossignol and Share ...
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News briefsChampion introduces synthetics that act like naturals on the environment
Source: Champion Champion Athleticwear has launched Eco Future Reverse Weave with CiCLO technology, a patented solution that enables synthetic textiles to behave like natural fibers in the environment. More than 60 percent of today’s textiles are made from synthetic, plastic-based fibers such as polyester and nylon, which ...
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News briefsFarfetch suspends Q3 results
Luxury fashion platform Farfetch Limited has announced that it will not be announcing its financial results for the third quarter of 2023. Accordingly, the related conference call on Nov. 29 was also canceled. The company expects to provide a market update in due course. At the moment, no forecasts and ...
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News briefsSports bicycle market to grow at a CAGR of 6.19% from 2022 to 2027
The sports bicycle market is expected to grow at a compound annual growth rate (CAGR) of 6.19 percent from 2022 to 2027, according to a new 160-page report by research firm Technavio. Growth is driven by increasing fuel prices, which boost the demand for sports bicycles. Most Europeans now use ...
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News briefsPSG store in New York will move to expanded 5th Avenue location
Following the success of its Fifth Avenue store in New York City, French football club Paris Saint-Germain (PSG) and its partners, Fanatics and Lids, will be moving to a larger location at 535 5th Avenue on Dec. 15. The previous store closed on Nov. 25 and will reopen in the ...
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News briefsPentland adopts new software for traceability
Pentland will be using Segura’s software-as-a-service (SaaS) package to map and monitor the entirety of its supply chain for “transparency and traceability.” The system will also serve to ensure that suppliers abide by its principles of sustainability. Customers will have some view of the results, as Pentland says the system ...
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News briefsEngland and Wales Cricket Board signs up to the UN’s Sports for Climate Action Framework
The England and Wales Cricket Board (ECB) has launched its new Environmental Sustainability Plan for Cricket. The national governing body has identified three priorities for action across the game in England and Wales: Tackling climate change, managing resources, and protecting and enhancing the natural environment. As part of this broader ...
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News briefsHanesBrands receives $20.5 million insurance compensation for 2022 ransomware attack
HanesBrands Inc. has received $20.5 million in insurance compensation for the 2022 ransomware attack that cost the company around $100 million in global sales. The apparel manufacturer disclosed the insurance payout in its third-quarter regulatory filing with the U.S. Securities and Exchange Commission (SEC), as the payment represents compensation for ...
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News briefsLacoste teams up with The Sandbox on a Web3 experience
On its 90th anniversary, French fashion firm Lacoste will step into the virtual world after agreeing on a partnership with The Sandbox, a gaming virtual world and subsidiary of Chinese game software company Animoca Brands. The Sandbox team has collaborated with Lacoste to create the Lacoste World Tour, a multiplayer ...
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News briefsCanada Goose acquires its first European factory
Canada Goose has acquired the operating assets of Paola Confectii Manufacturing in Romania. These will now become the brand’s first factory in Europe. Its other seven factories are all in Canada. Paola Confectii has been supplying knitwear to Canada Goose since its founding in 2017. Its General Manager, Giannino Lessi, ...
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News briefsUnited Sports Brands acquired by private equity firm
California-based United Sports Brands (USB), the parent of Pearl Izumi, Shock Doctor, McDavid, Cutters, Nathan and Glukos, has been acquired by US private equity firm Norwest Equity Partners. The transaction closed on Nov. 20, 2023, and financial terms were not disclosed. Norwest’s history with USB brands dates ...
