All News briefs articles – Page 125
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News briefsGozen secures $3.3 million in funding
Gozen, a San Francisco-based biocreation start-up founded and led by Ece Gozen, has announced a $3.3 million funding round. The funding comes from Happiness Capital (lead investor), Accelr8, Astor Management, and SOSV. This investment will enable Gozen to accelerate research, development, and scaling efforts for its debut biomaterial, called Lunaform, ...
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News briefsUA unveils first signature athlete with Curry Brand
Under Armour (UA) has announced the Sacramento Kings point guard, De’Aaron Fox, as the first signature athlete with Curry Brand on a new multi-year partnership. The 25-year-old NBA player has been sporting Curry Brand footwear throughout the 2022/23 season. In his new role, he will work closely alongside Stephen Curry ...
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News briefsReebok Basketball announces first endorsement deal under Shaq’s lead
Reebok has announced a new endorsement agreement with American college basketball player Angel Reese. It is the first signing since former NBA star Shaquille O’Neal was named president of Reebok Basketball earlier this month. Reese plays for the Louisiana State University (LSU) Tigers of the Southeastern Conference. O’Neal also studied ...
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News briefsAsics announces first Indian event promoting start-up collabs
Asics Corp. has announced that Asics Ventures Corp., its investment arm, will host an event with Indian start-ups titled Asics Innovation Pitch in India. The event is powered by the Indian firm GHV Accelerator. This is Asics’ sixth program for start-ups, following the Asics Tenkan-Ten, which was held twice in ...
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News briefsMitre and The FA launch new three-year partnership
Mitre, a Pentland brand, has entered into a new three-year partnership with The Football Association (FA), the highest-ranking football governing body in England and the Crown Dependencies of Jersey, Guernsey and the Isle of Man, which will see a range of new football designs inspired by football fan culture. The ...
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News briefsDb achieves B Corp status
Db, makers of luggage for activities including surfing and snowboarding, has achieved B Corp status. Db achieved a 98.1 score, compared to the minimum requirement of 80. To complete the certification, Db has taken certain steps to cement its commitment to being legally accountable to all of its stakeholders – ...
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News briefsBoardriders laying off workers in California
Boardriders is laying off 84 employees following the completion of its acquisition by Authentic Brands Group in September. This is according to a WARN (Worker Adjustment and Retraining Notification) notice filed in California. The layoffs are part of a restructuring that also affects the positions of CEO, Global CFO, Chief ...
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News briefsElite Prospects is Official Career Partner of 2024 IIHF World Junior
Everysport Group’s hockey platform Elite Prospects becomes official career partner of the 2024 IIHF World Junior Championship to be played in Gothenburg this Christmas/New Year. Elite Prospects already supports the development of international hockey in a variety of ways and now joins the list of national partners for the 2024 ...
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News briefsLi Ning updates Q3 results
Retail sell-throughs for Li Ning, excluding the group’s Li-Ning Young business, increased by mid-single-digits year-over-year in Q3. Retail/wholesale (offline channel) sales rose by high single digits; direct sales improved by the “low twenties,” wholesale franchised distributor sales inched up by a low single digit, and e-commerce sales slipped by a ...
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News briefsPolygiene reports Q3 operating loss on lower sales
Despite a 30 percent decline in third-quarter revenues to 28.7 million Swedish kroner (€2.4m) and a corresponding operating loss of SEK 2.4 million, Polygiene is optimistic about Q4 results as early orders have exceeded expectations. The group, which said Q3 results showed signs of a slow recovery, has shifted its ...
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News briefsQuiksilver and Roxy launch apparel rental service in France
As reported by the website Apparel Resources, boardsports brands Quiksilver and Roxy have launched an online rental service in France under the label “Boardriders Rental.” The website offers high-quality performance apparel for men, women and children for rent. François Latterrade, Head of Quiksilver Europe, told the website that the rental ...
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News briefsMuuvr appoints Jan van Berkel as European business development manager
Muuvr, the newly launched fitness app, has named former pro triathlete Jan van Berkel as European Business Development Manager. In his new role, he will work across both business development and partnerships. Van Berkel is a four-time winner of Ironman Switzerland. Muuvr was launched to the public in early October. ...
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News briefsCollaboration between Amazon and luxury brands leads to guilty plea from international counterfeiter
Information and evidence provided by Amazon’s Counterfeit Crimes Unit (CCU) and other luxury brands, including the Prada Group, to Chinese law enforcement has led to a counterfeit seller’s guilty plea to crimes related to the sale of counterfeit luxury products. Amazon has described the collaboration as “a unique and landmark ...
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News briefsLIV Golf appoints COO
Source: LIV Golf Lawrence J. Burian Following a “competitive international recruiting process,” LIV Golf has announced the appointment of Lawrence J. Burian as Chief Operating Officer (COO). In this role, he will oversee a large range of responsibilities, including corporate development and strategy, investor relations, human resources, ...
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News briefs“Free shoes…if you can outrun our security guard”
The Parisian running store Distance recently ran a campaign, “Rob it to get it,” inviting customers – for one day only – to try their hand at stealing participating products if they could outrun the security guard. The catch? The security guard on the day of the promotion in Sept. ...
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News briefsOn opens second London store
Swiss sportswear brand On is opening a second London store on Nov. 3. After unveiling a three-story flagship store in London’s Regent Street in February, the brand will now inaugurate a new location at 37 Brushfield Street at Spitalfields Market, in East London. The new 280-sqm store will sell the ...
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News briefsDecathlon launches BuyBack in the UK
Following a successful launch in continental Europe, Decathlon has introduced BuyBack in the UK, a service that allows customers to sell their old bikes back to the retailer for up to 45 percent of the RRP. The first part of the program will focus on bicycles and will later be ...
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News briefsVF Corp. targeted by another activist investor
Only one week after Engaged Capital set its sights on VF Corp., a second activist investor, Los Angeles-based Legion Partners, has acquired an undisclosed stake in the company and wants it to divest brands such as Timberland, Bloomberg reported, citing sources familiar with the matter. VF just named former Nike ...
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News briefsDTC brand Red Run opens flagship in Liverpool
Red Run, an active streetwear brand for women based in Liverpool, England, founded in 2020 during the Covid lockdowns, has opened a 130-sqm flagship store in the Liverpool ONE shopping, residential and leisure complex. To complement Red Run’s direct-to-consumer offering, the brand has partnered with Asics to sell a range ...
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News briefsNike partners with US retailer Hibbett on rewards program
US athletic-inspired fashion retailer Hibbett announced the launch of its Connected Partnership, connecting Hibbett and Nike’s loyalty programs. The newly integrated Hibbett Rewards X Nike Membership will provide Hibbett shoppers with new benefits and elevated retail experiences when they purchase Nike and Jordan products at a Hibbett store or online. ...
