All News briefs articles – Page 115
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News briefsNils Hult leaves Madshus
Referring to an internal message of Elevate Outdoor Collective (EOC), the Norwegian industry magazine sportsbransjen.no has reported that Nils Hult is leaving Madshus, the Norwegian brand specializing in cross-country skiing products within EOC, founded in 1906. “The functions that Nils Hult held have been absorbed by the structural changes and ...
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News briefsNew HR Director at Adidas
The Supervisory Board of Adidas has appointed Michelle Robertson as a member of its Executive Board, responsible for Global Human Resources, People and Culture, effective Jan. 1, 2024. The British national has held various HR positions at Adidas and previously at Reebok for over 18 years. Since July 2023, she ...
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News briefsCincinnati Athletics partners with Nike through 2029
The University of Cincinnati Athletics announced a direct multi-year agreement with Nike, beginning in 2025 and running through 2029, to outfit its athletic teams, called the Cincinnati Bearcats, with Nike-supplied jerseys, footwear, and other accessories. The Cincinnati Athletics teams will also continue to wear the Nike and Jordan brand logos ...
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News briefsGlobal skateboard market to grow at a CAGR of 3.5% to 2030
The global skateboard market size is expected to reach $4.25 billion by 2030, marking a compound annual growth rate (CAGR) of 3.5 percent from 2023 to 2030, according to a new study by Research and Markets. Growth is fueled by an increasing interest in newer sports and an inclination toward ...
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News briefsWilson Golf introduces AI-powered club fitting technology
Wilson is launching Fit AI, an innovative technology that uses artificial intelligence and is “set to change the future of golf club fitting,” the brand said. The technology combines Wilson’s “black box algorithm” with Blast Motion’s motion analysis technology. Wilson Fit AI is a mobile app-based fitting solution that integrates ...
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News briefsUK Athletics has a new president
UK Athletics has announced the election of former Olympic heptathlon champion Dame Denise Lewis as the organization’s new president. Lewis takes over from Jason Gardener, who has held the role since 2015. Lewis won a gold medal at the 2000 Sydney Olympics after winning bronze at Atlanta 1996. Since retiring ...
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News briefsThe WTA separates the roles of Chairman and CEO
The Women’s Tennis Association (WTA) has announced a further revision to its structure that will imply a separation of the Chairman and CEO roles. An additional new leader will, therefore, assume the role of CEO of the organization, responsible for managing and growing the operations of the WTA and its ...
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News briefsGildan appoints new CEO
Canadian sportswear brand Gildan Activewear has appointed a new President and CEO, Vince Tyra. He will take up the role on Feb. 12, 2024, replacing co-founder Glenn Chamandy, who has worked for Montréal-based Gildan for 40 years, 20 of them as CEO. “Over the span of his 40-year career, Glenn ...
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News briefsUS investor acquires Decathlon properties
French media report that US investor Realty Income has acquired part of Decathlon’s real estate assets. The transaction includes the sale of properties housing some 90 of the group’s stores in France, Spain, Portugal, Italy and Germany. The value of these properties is estimated at over €600 million and totals ...
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News briefsSportFits joins Sport 2000
The southern German outdoor and winter sports online retailer SportFits (TouriSpo GmbH & Co. KG) has joined the Sport 2000 network. The new partnership strengthens Sport 2000’s position in e-commerce and emphasizes its commitment to digital innovation in sports retail. SportFits recently moved into the modern company headquarters in Salzweg ...
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News briefsAlpargatas hires Mondelez exec as CEO
Liel Miranda, CEO of Mondelez International’s Brazil business unit since 2019, will join the publicly traded Brazilian footwear company Alpargatas as CEO on Feb. 1, 2024. He will replace the group’s interim CEO Luiz Fernando Edmond, who will remain a member of the company’s Board of Directors.
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News briefsInditex sales increase 14.9% in first 9 months at constant exchange rates
In the nine months to Oct. 31, the sales of Inditex, the Spanish parent company of several fast fashion brands including Zara and Massimo Dutti, grew by 11.1 percent to €25.6 billion, showing “very satisfactory” development both in stores and online, the Spanish fashion fast group said in a statement. ...
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News briefsNew Balance commits $10 million to new sports leadership institute at UMass Boston
The University of Massachusetts Boston (UMass Boston) has announced a commitment of $10 million from New Balance Athletics, Inc. to establish the New Balance Institute for Innovative Leadership in Sport at the university. The donation will provide operational funds to launch the institute. The New Balance Institute for Innovative Leadership ...
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News briefsRossignol opens new store in Courchevel
The Rossignol Group announces the opening of its new store in Courchevel, strengthening its presence in the heart of the Alps. Pre-opened on Dec. 9, the boutique, which spans two floors with a total area of 180 sqm, is the result of a partnership between the Rossignol Group and Patrick ...
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News briefsDaleBoot to offer customized ski boots based on 3D foot scans
Aetrex, a New Jersey-based specialist in foot scanning technology and data-driven orthotics and comfort footwear, announced its partnership with ski boot manufacturer DaleBoot. Using Aetrex’s Albert 2 Pro foot scanning technology, DaleBoot will transition from manually measuring customers’ feet to using automated 3D foot scan data to design custom ski ...
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News briefsOn selects Nedap technology for source-to-consumer RFID project
RTIH reports that Swiss sporting goods brand On has chosen Durch company Nedap to deploy its iD Cloud platform in factories, warehouses, distributors and stores worldwide. This allows On to track and trace every single item from source to consumer. On was already familiar with the technology and benefits of ...
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News briefsA record FY22 for Atmósfera Sport
The Spanish buying group Atmósfera Sport, which began life as Esport Deval in 1988, is wrapping up its 35th anniversary year with news of record annual sales, according to CMDsport. In full-year 2022 the retailer managed for the first time to break €30 million in sales – in fact, blew ...
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News briefsBODi announces $5.3m registered direct offering
California-based subscription health and wellness company The Beachbody Company (BODi) has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 543,590 shares of the company’s common stock (or common stock equivalents) at a purchase price of $9.75 per share of common stock ...
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News briefsStrava appoints former Nike, Google exec as CEO
Source: Strava Michael Martin Strava has announced the appointment of Michael Martin as the company’s new Chief Executive Officer. Martin will also join Strava’s Board of Directors when he takes office on Jan. 2, 2024. The news comes after Michael Horvath, who co-founded Strava 15 years ago ...
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News briefsPuma ends sponsorship of Israeli national football team
Puma is ending its sponsorship of the Israeli national football team in 2024. According to the German company, this decision was made a year ago and is not related to renewed calls for a consumer boycott, as Israel has continued its attacks on the Gaza Strip in response to the ...
