All News briefs articles – Page 128
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News briefsNew VP Supply Chain Ops EMEA at VF
An Claes has been appointed as the new Vice President of Supply Chain Operations EMEA for VF Corp. She succeeds Stuart Pond, who now holds the position of Vice President of Global Supply Chain Platforms. Claes has a 24-year track record in the supply chain sector, with experience in logistics, ...
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News briefs361° retail sales rise 30 percent in Q3
The Chinese company 361 Degrees Intl., which launched its Soaring Clouds skateboarding shoes during the period, reported a 15 percent increase in 361° core branded products and 25 to 30 percent sales growth for 361° kids’ products during the quarter ended Sept. 30. Overall, 361° e-commerce sales improved by 30 ...
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News briefsAnta Sports buying majority stake in women’s activewear firm
Anta Sports is taking action to acquire an approximate 75 percent stake in Mayiya Clothing (Shanghai) Co., Ltd. for an undisclosed sum. The company, founded in 2016, markets the Maia Active sportswear brand for Asian women with a principal focus on the yoga sports category. Anta sees the acquisition bolstering ...
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News briefsXtep Intl. releases Q3 update
Retail sell-through for the Chinese company’s core Xtep brand, including online and in-store sales, rose by high teens year over year. Meanwhile, the company said there was a 25 to 30 percent discount level during the three months ended Sept. 30 with an inventory turnover level of 4.5 to 5.0 ...
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News briefsInternational Federation of American Football receives full IOC recognition
The International Federation of American Football (IFAF) has been granted full recognition by the IOC at its 141st Session in Mumbai. The decision follows the proposal made by the IOC executive board in March. The IFAF is the international governing body for the sport of American football, including flag football, ...
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News briefsPremier Padel appoints Eno Polo as CEO
Source: Premier Padel Eno Polo Premier Padel, the global pro padel tour founded by Qatar Sports Investments (QSI) with the International Padel Federation (FIP) and the Professional Padel Association (PPA), has announced the appointment of Eno Polo as CEO, effective Nov. 16. Polo has a long-standing experience ...
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News briefsSpanish retailer Oteros Sport exits bankruptcy and draws expansion plan
Spanish athletic footwear retail chain Oteros Sport, which entered bankruptcy in September 2022 due to the impact of the Covid-19 pandemic, has announced that it has been authorized by a commercial court in Cordoba to continue its operations. The company is therefore maintaining its 66 locations and 249 jobs and ...
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News briefsPadel is experiencing exponential growth in Italy
Italy is second in Europe (after Spain) regarding the number of padel courts and participants, the International Padel Federation (IPF) said in a statement. The country experienced an increase of 16 percent in facilities (sports clubs, padel clubs, accommodation facilities) in the first nine months of 2023 compared to 2022 ...
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News briefsPro-Sports joins the International Textile Manufacturers Federation
Pro-Sports, a Vietnam-based garment manufacturer that primarily focuses on performance, active, sports and casual wear, has joined the International Textile Manufacturers Federation (ITMF) as a corporate member. Located in northern Vietnam, Pro-Sports specializes in both woven and knit products and has a workforce of 6,000 people in four factories. The ...
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News briefsFormer Iconix CEO Neil Cole sentenced to 18 months in prison on fraud charges
The US Attorney for the Southern District of New York, Damian Williams, has announced that Neil Cole, the founder and former CEO of Iconix Brand Group, has been sentenced in Manhattan federal court to 18 months in prison “for participating in a scheme to fraudulently inflate Iconix’s revenue and earnings ...
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News briefsSailGP teams up with Mover to create plastic-free technical sportswear
Global sail racing league SailGP has announced a collaboration with Swiss sportswear firm Mover, a pioneer in 100 percent plastic-free apparel, to create “the world’s first plastic-free technical sportswear.” The collaboration sees the release of a capsule collection of six items, including T-shirts, polos and fleece hoodies, all crafted from ...
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News briefsPuma announces new partnerships with CONMEBOL and CAF
Puma has announced a partnership with the South American Football Confederation (CONMEBOL) for all club and national team matches for the next three years, starting from the 2024 season. Founded in 1916, CONMEBOL is the oldest continental football federation. Puma will sponsor major tournaments across Latin America like the Copa ...
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News briefsWattbike secures new financing
UK-based exercise bike manufacturer Wattbike has secured third-party financing to fund its international expansion strategy and launch “an exciting new product,” and expand its digital offering. Founded in 2008, the company says it has a customer base that includes more than 500 Olympic medalists, top athletes, Premier League, NFL and ...
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News briefsKodama returns to Asics North America as CEO and President
Asics North America reports that Koichiro Kodama is returning to Asics North America as President and CEO, replacing Richard Sullivan, effective immediately. Sullivan had been President and CEO for North America since January 2022, having served as President and COO since October 2020. He initially joined the company as President ...
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News briefsFootway’s sales fall, losses widen in Q3
Swedish Footway Group AB, the operator of specialized online stores, which has been undergoing restructuring since July 25 this year, has presented its latest figures for the third quarter of the current fiscal year. Sales amounted to 136 million Swedish kroner (€11.77m) compared to SEK 261.6 million (€22.63m) in the ...
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News briefsUA appoints Gap veteran as chief supply chain officer
Source: Under Armour Shawn Curran Under Armour (UA) announced that following an extensive search and interview process, Shawn Curran, a retail industry veteran, will join the company as Chief Supply Chain Officer on Oct. 16, reporting to President and CEO Stephanie Linnartz. The U.S. sports brand created ...
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News briefsSerena Williams first athlete to receive Fashion Icon award
Serena Williams is receiving the Fashion Icon award at the 2023 CFDA Fashion Awards presented by Amazon Fashion. The tennis champion is the first athlete to receive this award. Williams, who smashed countless records during her career, is also an entrepreneur, philanthropist and designer. Her lifelong passion for design led ...
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News briefsDPS announces trade-in program for used skis
U.S.-based ski manufacturer DPS Skis has launched Revive, a new program that offers customers the opportunity to trade in qualifying used DPS skis for a credit toward new DPS skis and equipment. The credit is up to $500, depending on the condition of the traded-in ski. Upon receipt, DPS will ...
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News briefsAnta Sports provides Q3 operational update
The Chinese company Anta Sports disclosed some details on its Q3 results for its brands except for its joint venture ownership of Amer Sports Corp. Anta brand sales rose by high-single digits during the period ended Sep. 30. Meanwhile, year-over-year Fila brand sales increased by a low-teens percentage. Retail sales ...
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News briefsMacron participates in the 2nd Paralympic Day ahead of Paris 2024
The 2nd Paralympic Day was held at Place de la République in Paris on Oct. 8, on the eve of the opening of the ticket sales for the 2024 Paralympic Games. The event, which saw the presence of French President Emmanuel Macron, was co-organized by the Paris 2024 Organising Committee ...
