All News briefs articles – Page 11
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News briefsFootasylum’s annual sales and profits surge
British retailer Footasylum saw its sales and profits for the year to Jan. 27, 2024 surge, driven by store openings and the implementation of an omnichannel point-of-sale system. The retailer opened a 1,850-sqm flagship in London’s Oxford Street in September, among other openings. Revenues in the year rose by 7 ...
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News briefsThe Paris 2024 Paralympics will benefit from record media coverage
The Paris 2024 Paralympic Games are set to be the most broadcast covered in history. Paris 2024 and the International Paralympic Committee (IPC) have confirmed that media rights holders in more than 160 countries and territories have committed to broadcasting the Paris 2024 Paralympic Games, which will start on Aug. ...
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News briefsFanatics cuts 100 jobs at commerce division
Sports licensing giant Fanatics is cutting more than 100 jobs from its commerce division, its largest unit, including workers at its Tampa, Florida, and Easton, Pennsylvania, facilities. The news was first reported by Sports Business Journal (SBJ). The cuts included VPs, directors and managers, says the report, which also stresses ...
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News briefsDecathlon signs EU’s Sustainable Consumption Pledge
Decathlon has signed the European Commission’s Sustainable Consumption Pledge as part of the company’s commitment to reduce its impact on the planet. The retailer described the Sustainable Consumption Pledge as its “renewed commitment to changing the way we do business.” The Sustainable Consumption Pledge involves voluntary cooperation from businesses ...
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News briefsBeijing to host 2027 World Athletics Championships
The World Athletics (WA) governing body has revealed that Beijing, China’s capital, will be the host city for the prestigious 2027 edition of the World Athletics Championships. The decision was announced following a council meeting in Scotland, preceding the World Athletics Indoor Championships set to take place in Glasgow from ...
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News briefsReebok expands into eyewear market
Authentic Brands Group announced a new collaboration with eyewear manufacturer and distributor Mondottica Group for Reebok. Under the partnership, Mondottica will handle the design, production and distribution of Reebok-branded eyewear and sunglass products for all ages. “Through our partnership with Mondottica Group, we’re expanding the Reebok brand into the realm ...
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News briefsAdidas opens Home Of Sport concept store in Mumbai
Adidas has opened a Home Of Sport concept store in Mumbai on Linking Road with a retail space of 585 sqm over four floors, according to LinkedIn. The store has the first ever “Run Lab” in India, offers a “Made for you” zone where customers can co-create designs in collaboration ...
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News briefsAgassi joins another pickleball board
Life Time, a publicly traded holding company for athletic and country clubs and related services, has made Andre Agassi the first Chairman of its new Pickleball and Tennis Board. Company Chairman and CEO Bahram Akradi will serve on the board alongside Agassi as Co-Chairman. Source: Life Time ...
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News briefsAsics drops new Metaspeed models
Asics has launched two new models in the flagship Metaspeed series called the Metaspeed Sky Paris and the Metaspeed Edge Paris. The shoes combine Asics’ top technologies to “support runners who want to feel and perform at their best when chasing down new personal bests,“ the brand ...
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News briefsVogue to host fashion show to kick off Paris Olympics
Fashion magazine Vogue has unveiled plans for a one-off fashion show to celebrate the Paris Olympics that will bring together some of France’s leading luxury brands ahead of the sporting mega-event. The outdoor fashion show will take place in Paris’ Place Vendome on June 23, International Olympic Day, about a ...
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News briefsAccent Group to end franchise model for The Athlete’s Foot down under
Inside Retail has reported that Australia-based Accent Group, a digitally integrated retail and distribution company in the performance and lifestyle apparel and footwear market in Australia and New Zealand with more than 800 stores, 34 brands and more than 40 websites, plans to end its franchise model for The Athlete’s ...
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News briefsBundesliga club RB Leipzig moves from Nike to Puma
The German Bundesliga football club RB Leipzig is changing its kit supplier. The existing contract with US sporting goods supplier Nike, which has been in place since 2014, expires in 2024. From the 2024/25 season, German company Puma will kit out all of RB Leipzig’s men’s, women’s and youth teams. ...
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News briefsNew global marketing head at Dickies
Dickies, a VF Corp. brand, appointed Denise Anderson as VP, Global Marketing. Anderson joins from another VF Corp. brand, Smartwool, where she has spent the last 9 years in varying marketing and creative roles, including the last 4 years leading Global Brand Marketing and Creative Design. She has over 20 ...
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News briefsDecathlon partners with the Madrid Padel Federation
Decathlon has announced a partnership with the Madrid Padel Federation (FMP) to promote the sport. The new agreement offers those who have never been registered the possibility to enroll free of charge in the federation, at the national level, for 2024. The two entities will also jointly organize a series ...
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News briefsEl Corte Inglés shuttering its sportswear banner
El Corte Inglés will be closing down its Sportown banner, which is devoted to sportswear, on Feb. 29, according to CMDsport. The reason is the failure to meet sales targets. The first Sportown stores, covering some 350 sqm apiece, opened in 2009 in major Spanish cities. There are, at present, ...
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News briefsMaui Jim and Red Bull sign 3-year partnership for action sports events
Maui Jim has announced that it has signed a three-year partnership with Red Bull for the “co-creation” of a series of action sports events. The Red Bull-branded events, focused on skateboarding and watersports, include Boarding Pass and Terminal Takeover (skate, New Orleans), Magnitude (surf, Hawaii), Cope‘n’waken (wakeboard, Copenhagen, Denmark), King ...
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News briefsNike launches open-source grantmaking guide
Nike celebrated the fourth anniversary of its Black Community Commitment (BCC), a ten-year, $140 million investment to advance racial equity and help eradicate racism, with an event in Washington, D.C. on Feb. 21-22, called “Path to Progress.” During the event, Nike unveiled the “Nike Social & Community Impact Grantmaking Guide,” ...
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News briefsAdidas launches global Yeezy inventory rollout
Today, Adidas initiates the next phase of its Yeezy inventory release, unveiling a selection of existing products set to hit the market in stages over the forthcoming weeks on a global scale. In accordance with its earlier announcement in 2024, Adidas is set to unveil its remaining Yeezy inventory, featuring ...
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News briefsNew Balance’s European sales grew by 35 percent in 2023
Overall, the privately held Boston company New Balance grew annual revenues by 23 percent last year to reach $6.5 billion worldwide, according to Joe Preston, President and CEO, fueled by double-digit growth and market share gains across every global market. Additionally, the group, which presently counts 350 contracted athletes and ...
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News briefsLululemon and Samsara Eco introduce enzymatically recycled nylon product
Source: Lululemon Lululemon’s Swiftly top Lululemon and Samsara Eco, an Australian environmental technology start-up, have debuted what they claim is the world’s first enzymatically recycled nylon 6,6 product. Lululemon has created samples of its Swiftly Tech Long-Sleeve Top using recycled nylon 6,6 made with Samsara Eco’s technology. ...
