All News briefs articles – Page 126
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News briefsUYN launches initiative to recycle unused face masks
The Italian brand UYN is buying up unsold face masks from retailers and using them to create a sustainable accessories collection made from recycled materials. Under the “Change the Face of Your Mask” initiative, UYN will buy the masks – previously required during the Covid-19 pandemic – at €2.50 each ...
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News briefsNext SSU sub files for insolvency
Stuttgart-based Internetstores GmbH, which includes the bike and outdoor online shops Fahrrad.de, Bikester, Campz and Addnature, filed for insolvency at the Stuttgart District Court on Monday afternoon. The company is part of Signa Sports United (SSU), the sporting goods division of the Signa Group founded by Austrian investor René Benko. ...
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News briefsOdlo releases first snowboarder-specific baselayer with Burton
Odlo has joined forces with Burton to create the first snowboard-specific base layer in the Swiss base layer brand’s history. The Odlo x Burton Slokar Performance Wool 200 base layer is a seamless, technical performance base layer comprising of a crew neck long sleeve top and matching 7/8th length ...
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News briefsVF Corp. appoints former Nike President to board
Source: VF Corp Trevor Edwards Trevor Edwards has been appointed to the board of directors at VF Corp. Edwards, currently a strategic advisor to direct-to-consumer brand and investment firms, began his 25-year career at Colgate-Palmolive in 1986. He currently serves as a strategic advisor to direct-to-consumer brands ...
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News briefsInstagram has highest media impact value in the fashion, lifestyle and beauty industries
Amidst a rapidly evolving social media landscape, Instagram reigns as the top platform for brand amplification in the fashion, lifestyle, and beauty industries, according to a new data report from Launchmetrics in collaboration with fashion shopping platform Lyst. Launchmetrics, born from the merger of Fashion GPS and Augure in January ...
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News briefsFarfetch receives EC clearance to buy stake in Yoox Net-A-Porter
Farfetch, the Internet platform for luxury goods, is cleared by the European Commission to acquire a 47.5 percent equity stake in Yoox Net-A-Porter (YNAP) in exchange for Farfetch Class A ordinary shares going to Richemont, a publicly traded company on the Swiss Exchange that operates three luxury business units. Yoox, ...
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News briefsEU takes steps to block products made by forced labor
The European Parliament is proposing a new legislation framework to investigate the use of forced labor in companies’ supply chains. If it is proven that a company has used forced labor, all import and export of the related goods would be halted at the European Union (EU)’s borders. Companies would ...
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News briefsNearly 1,000 golf brands to showcase their products at 2024 PGA Show
The next edition of the PGA Show, the world’s largest gathering for the business of golf, will be held in Orlando, Florida, on Jan 23-26, 2024. The event is organized by the PGA of America and PGA Golf Exhibitions (part of RX) and is open exclusively to golf industry professionals. ...
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News briefsFirst global coalition for Trusted Reviews
Amazon, Booking.com, Expedia Group, Glassdoor, Tripadvisor and Trustpilot have teamed up to launch the global Coalition for Trusted Reviews, a cross-industry collaboration committed to protecting access to trustworthy consumer reviews worldwide. Members will collectively define best practices for hosting online reviews and sharing methods to identify fake reviews, with the ...
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News briefsZalando introduces ZEOS Fulfillment
Zalando is launching the ZEOS brand (short for Zalando E-commerce Operating System), which aims at enabling brands and retailers to manage their multi-channel business across Europe within one unified platform. In October 2022, Zalando piloted a multi-channel fulfillment solution with selected partners, which is now moving under a new dedicated ...
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News briefsOn opens first flagship in French capital
Swiss sports brand On continues to expand its global retail network, opening its first flagship store in France – its third in Europe. Located in the historic Saint-Germain district of Paris, the 250-sqm store will showcase On’s latest product innovations. On’s Paris flagship store will officially open to customers on ...
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News briefsSwitzerland seeking to host a decentralized Winter Olympics
On Oct. 18, the Swiss Olympic Committee released a feasibility study to introduce a country-wide proposal to host two consecutive Winter Olympic and Paralympic Games. The study follows by about a week an announcement by the International Olympic Committee (IOC), as we’ve just reported, that even fewer cities have the ...
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News briefsNike’s employees at its global HQ will return to office four days a week
Starting in January, the Nike employees at its Oregon headquarters will be required to work in the office four days a week, The Oregonian/OregonLive has reported. Nike’s current policy requires workers to be in the office three days a week. “We’ve seen the power and energy that comes from working ...
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News briefsNBA sponsorship revenues for the 2022/23 season hit $1.66bn
The National Basketball Association (NBA) posted record sponsorship revenues of $1.66 billion during the 2022/23 season, representing a 1.3 percent increase from the previous year, according to a study by Chicago-based sponsorship consultancy IEG. The figure, reported by Forbes, includes league, team and venue sponsorship rights fees while it excludes ...
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News briefsCisalfa appoints new group corporate and internal communication director
Italian sporting goods retailer Cisalfa has appointed Federico Filippa as group corporate and internal communication director. In his new role, Filippa will oversee internal, external and executive communications, media relations, corporate reputation management and crisis and issues management for the group, as per his Linkedin account. Filippa spent the past ...
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News briefsNautilus, Inc. to change corporate name to BowFlex Inc.
Nautilus, Inc. has confirmed plans to change its corporate name to BowFlex Inc. to focus on the company’s strongest consumer brand and further execute its growth strategy called North Star. “Over the last few decades, BowFlex has become a powerful brand in our portfolio, recognized for quality and innovative strength ...
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News briefsIOC warns about climate change threatening future Winter Olympics
Natural snowfalls have declined in some regions due to rising temperatures, while water scarcity negatively impacts snow-making. Under these circumstances, the existence of the global snow-sport industry is at stake. Speaking at a press conference in Mumbai alongside the International Olympic Committee (IOC)’s executive board meeting on Oct 13, IOC ...
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News briefsNetflix will host its first-ever live sporting event this autumn
Netflix has announced plans to stage The Netflix Cup, its first-ever live sports event. Scheduled for this autumn, The Netflix Cup will be a celebrity golf tournament featuring athletes from Netflix sports docuseries Formula 1: Drive to Survive and Full Swing. The event will be held at ...
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News briefsEuropean Olympic Committees seeks CEO
The European Olympic Committee (EOC) has announced that it has started the search for a paid full-time CEO “in an effort to become more professional,” explained the organization. The EOC is a not-for-profit international organization whose objective is to propagate the fundamental principles of Olympism at the European level. The ...
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News briefsTopsports Intl. turns higher sales, profits in H1
Chinese sportswear retailer Topsports Intl., which works with 14 leading sports brands including Nike and Adidas, reported a 16.7 percent increase in H1 profit attributable to shareholders to 1,337.20 million yuan renminbi (€173.0m) for the six months ended Aug. 31. Six-month operating profit improved by 9.2 percent to RMB 1,725.9 ...
