All News briefs articles – Page 112
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News briefsDP World Tour announces strategic partnership with China Tour
The DP World Tour and the China Golf Association (CGA) have announced a strategic partnership that expands the pathway for the players of the CGA-sanctioned China Tour to the DP World Tour and confirms the co-sanctioning of tournaments until at least 2025. The various pathways included as part of this ...
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News briefsJ.Lindeberg signs Christopher Eubanks
Source: J.Lindeberg Chris Eubanks Christopher Eubanks has signed with J.Lindeberg to become the Swedish brand’s new ambassador. The American player will wear his first outfit from J.Lindeberg during the Australian Open, starting Jan. 7. “We are simply delighted to welcome Christopher Eubanks to our team; with his ...
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News briefsXtep updates Q4, FY23 results in Greater China
Annual sales for Xtep International in FY23, in both offline and online channels, rose more than 20 percent year-over-year, the company reported yesterday. Inventory turnover for the 12 months was 4 to 4.5 months. Meanwhile, in Q4, which ended Dec. 31, 2023, the Chinese group generated year-over-year retail sales ...
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News briefsZumiez updates quarter-to-date sales
Zumiez, the parent of the Blue Tomato retail chain, reported a 4.2 percent increase in international net sales, consisting of revenues generated in Europe and Australia, for the nine weeks ended Dec. 30. However, comparable international sales were down 4.2 percent for the period. Group sales fell by 6.6 percent ...
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News briefsIntersport Spain still down from 2019
Neither separately nor in aggregate have the companies that make up Intersport Spain yet matched the annual sales of 2019 – which themselves were, for the most part, in decline from 2018. The latest available figure for its full-year 2022 is about 28 percent down from the pre-lockdown year. Intersport ...
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News briefsAdidas has a new President for North America
Source: Adidas John Miller Adidas has named a new President for its North American operations. John Miller is a familiar face at the company: He worked with sales for three years before moving on to Nike, where he was from 2006 to 2017. Most recently, Miller was ...
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News briefsPolar opens its ecosystem to other product segments
Polar Electro has unveiled a new partnership with the German premium audio brand Sennheiser. Sennheiser’s new fitness-focused Momentum Sport earbuds will be powered by Polar, which means it’s offering wearers access to Polar’s suite of biosensing capabilities and enhanced guidance for fitness and wellbeing. The earbuds will provide more than ...
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News briefsSunnyFit releases free fitness app
In over two decades, California-based Sunny Health & Fitness has had profitable growth in the fitness industry. Now, they are releasing SunnyFit, a free fitness app built on their own products. The goal of the fitness app is to “reshape the way individuals engage with their health and well-being.” However, ...
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News briefsLululemon raises guidance
Lululemon Athletics announced in a preannouncement before the ICR Conference that, for Q4 of FY 2023, it expects net revenue to be somewhere from $3.170 to $3.190 billion, a 14 to 15 percent increase compared to the last quarter of FY 2022. Previous guidance saw shares in the range of ...
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News briefsTiger Woods and Nike part ways
Golf star Tiger Woods revealed on social media that his cooperation with Nike Golf, which lasted 27 years, has come to an end. His last 10-year contract extension was signed in 2013, which reportedly paid him around $200 million. Woods wrote, “There will certainly be another chapter,” but gave no ...
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News briefsGerman consumer sentiment deteriorates
After the consumer mood in Germany recovered at the end of 2023, consumers are once again more pessimistic about the future in the new year. This was revealed by the consumer barometer for January published by the German Retail Association (HDE), which is compiled monthly by the Handelsblatt Research Institute ...
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News briefsUnited Sports Brands with new CEO
Source: United Sports Brands Phil Gyori, Chief Executive Officer California-based United Sports Brands (USB), the parent company of Pearl Izumi, Shock Doctor, McDavid, Cutters, Nathan and Glukos, has appointed Phil Gyori as its new Chief Executive Officer. His appointment comes in the weeks following the acquisition of ...
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News briefsFila Holdings promotes Fila USA President Klein to Global Brand President
Source: Fila Holding Todd Klein Fila Holdings announced a new leadership structure on Jan. 8, naming Todd Klein, President of Fila USA, as the new Global Brand President. Klein will report to Fila Holdings and join the board of Fila Luxembourg, a wholly owned subsidiary of Fila ...
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News briefsFIP and FEP to collaborate in Spain
The International Padel Federation (FIP) and the Spanish Padel Federation (FEP) have joined forces to hold the FIP’s Platinum and Gold tournaments in Spain, to be organized in conjunction with the federations of the country’s autonomous regions. Platinum tournaments have a prize pool of €120,000, and Gold tournaments have a ...
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News briefsAuthentic partners with BBC Int'l for DC Shoes in USA, Canada
Authentic Brands Group has partnered with Florida-based BBC International for its skateboarding, snowboarding and street lifestyle brand DC Shoes. Under this agreement, BBC will handle the global design, wholesale distribution and sourcing of DC Shoes footwear and snowboard boots in the US and Canada. BBC is a full-service footwear company ...
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News briefsMacron is Barbarian F.C.’s new technical partner
Barbarian F.C., one of the most famous names in rugby, has entered 2024 with a brand new partnership with Italian teamwear brand Macron. The rugby club does not have its own clubhouse but is a global club at home wherever rugby is played. The club’s history began in 1890 and ...
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News briefsTikTok and Peloton enter exclusive partnership offering short-form fitness classes
Connected fitness company Peloton and social media short video platform TikTok have announced an exclusive partnership to bring Peloton’s workout content to the TikTok community. The result is a new fitness hub on TikTok called #TikTokFitness, where Peloton will create its own co-branded hub with customized Peloton content: #TikTokFitness Powered ...
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News briefsPuma presents Natural Performance collection with Mercedes-AMG Petronas F1
Puma and the Mercedes-AMG Petronas Formula 1 Team have unveiled the Natural Performance collection for SS2024, represented by F1 driver George Russell. According to Puma, bionics is the driving force behind the collection, as the designers were inspired by nature’s functions and forms, resulting in a clean and organic ...
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News briefsBrooks appoints new VP of Apparel and Accessories
Gabriel Rodriguez has returned to Brooks Running. Having previously worked for the company as Field Marketing Representative from 2007 until 2010, he has now been appointed VP of Apparel and Accessories. In this role, he is responsible for the design, development, product management and merchandising of apparel and accessories for ...
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News briefsAmer Sports files registration statement for planned IPO in the US
Finnish Amer Sports, Inc., which includes the Arc’teryx, Salomon, Wilson, Peak Performance and Atomic brands, among others, announced on Jan. 4, 2024, that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. The ...
