All News briefs articles – Page 130
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News briefsFrasers Group submits plans for new HQ
According to Retail Gazette, U.K. retailer Frasers Group has submitted a planning application to establish a new global headquarters at Ansty in Rugby, Warwickshire. The move is intended to support its growth ambitions, the retail group said. The campus is expected to include a logistics area, offices, R&D retail, a ...
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News briefsANWR and SABU postpone joint trade shows
After the original announcement of a trade show cooperation between the Mainhausen-based Ariston-Nord-West-Ring Schuh GmbH (ANWR) and Heilbronn-based SABU Schuh & Marketing GmbH, the two German footwear trade groups have now decided to organize the order shows in the old rhythm for the time being. ANWR supplements the trade show ...
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News briefsWintersteiger presents new products and services for skiing
Source: Wintersteiger Daniel Steininger, Managing Director of Wintersteiger Sports GmbH Wintersteiger was founded as a mechanical engineering company in Obernberg am Inn exactly 70 years ago. In addition to the sports business, the Austrian company has also been very successful in serving customers in the areas of ...
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News briefsTexhibition attracts record number of visitors
The fourth edition of the Texhibition trade show, held at the Istanbul Expo Centre on Sept. 13-15, attracted more than 20,000 visitors from 112 countries, representing a 10 percent increase compared to the previous edition in March. International visitors were 4,091, a 44 percent increase from the latest edition. The ...
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News briefsSuperdry transfers IP for South Asia to joint venture with Indian retailer
India’s largest retailer, Reliance Brands Limited (RBL), through its wholly-owned subsidiary in the UK (RBUK), signed a definitive agreement to form a joint venture with British fashion brand Superdry PLC to acquire its intellectual property for the territories of India, Sri Lanka and Bangladesh, the company said in a statement. ...
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News briefsLululemon will reportedly cut 120 jobs amid Peloton partnership
Lululemon is reportedly undergoing a round of cuts after its new partnership with Peloton. According to reports by Footwear News and Forbes, Lululemon will lay off 120 workers who support its Lululemon Studio. Lululemon acquired Mirror, a home fitness start-up selling a wall-mounted device for workout classes, in 2020. Two ...
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News briefsAthletico Ventures launches its first collective investment vehicle
Athletico Ventures, a London-based venture capital firm, has announced the formation of Athletico Ventures Collective#1, its first collective investment vehicle. More than 40 elite athletes from various sports, technology figures, corporate executives and investors are involved in the collective. The list includes renowned names like French footballer and World Cup ...
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News briefsDecathlon and NBA announce extended merchandise partnership
Decathlon and the National Basketball Association (NBA) have announced a multiyear expansion to their existing merchandising partnership, encompassing a more comprehensive offering of officially licensed NBA products in Africa, Asia, Europe, the Middle East and Latin America. Decathlon was named official NBA licensee in January 2021. The sporting goods retailer ...
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News briefsFanatics brings US collegiate fan merchandise to Europe
US apparel and collectibles powerhouse Fanatics has entered into a long-term agreement with Collegiate Licensing Company (CLC) to sell licensed fan merchandise in international markets. Fanatics will offer a wide range of products in the UK and beyond, including lifestyle apparel, hard goods and accessories. Under the agreement, Fanatics will ...
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News briefsBurton partners with HDry
According to Outdoor Retailer’s The Daily, Burton Snowboards has entered into a new partnership with HDry focused on expanding and advancing HDry’s direct 3D membrane lamination technology for waterproofing outdoor products. The HDry membrane is 100 percent PFAS-free and is manufactured without PTFE. It is also Oeko-Tex Standard 100 certified ...
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News briefsVuori plans IPO
California-based activewear brand Vuori, founded in 2015, is in talks with investment banks to prepare for an initial public offering next year, according to Bloomberg, citing sources familiar with the matter. Vuori’s recent $400 million investment from Softbank in October 2021 valued the company at $4 billion. According to the ...
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News briefsReorganization of ANWR's Executive Board completed
Matthias Grevener has left the Executive Board of the German ANWR Group eG on Sept. 30, 2023, after a total of 17 years and as the longest-serving member of the Board. He also resigned all his mandates within the ANWR Group of companies but will continue to be available to ...
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News briefsNew Balance phases out kangaroo leather
Just months after Nike and Puma’s announcements, New Balance has informed the Center for a Humane Economy that the company will also phase out its use of kangaroo hides and stop selling kangaroo-based shoes by December 2024. Kangaroo skins are commonly used to make soccer cleats. The Center for a ...
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News briefsAston Villa might terminate its partnership with Castore
Aston Villa is looking into options to cut its partnership with kit supplier Castore short, according to reports by The Telegraph, after players complained about the sportswear brand’s jerseys retaining sweat and affecting performance. Aston Villa and Castore debuted their partnership in the 2022/23 season when Castore succeeded Kappa as ...
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News briefsPuma calls on ambassadors to form the “Class of 23”
Puma, which was founded 75 years ago in 1948, has launched a beanie campaign called “Class of 23” to unite ambassadors from around the world who represent the close-knit Puma family. Each talent, from Neymar Jr. and Pamela Reif to Gianmarco Tamberi and Winnie Harlow, was captured in their own ...
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News briefsFabletics appoints new VP wholesale for Europe
California-based activewear brand Fabletics has appointed Thomas Fröhlke as its new Vice President of Wholesale Europe. Fröhlke previously spent four years as Sales Manager at UK-based Hunter Boots. With more than 14 years of experience in the industry, he has also worked at other well-known companies, including Canada Goose and ...
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News briefsAuthentic makes official WeChat debut
Authentic Brands Group has officially joined WeChat, the leading social media app in China with more than 1.6 billion active users around the world. The launch is part of a targeted strategy to expand Authentic’s corporate presence and drive the growth of its brand portfolio in the region. Through its ...
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News briefsLe Coq Sportif sees sales momentum, earnings recovery in H2
Le Coq Sportif said it is seeing sales momentum and expects to see earnings recover in the second half of the year after its top line disappointed, and losses widened in the first half. The brand reported sales of €63.2 million in the first six months of 2023, down by ...
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News briefsPGA study highlights “enormity of opportunity” for growth of women’s golf in the U.K.
A recent study carried out by U.K.-based Professional Golfers Association (PGA), in collaboration with Ipsos, has highlighted a huge opportunity to grow the women’s game in the U.K. and Ireland. The study is part of a comprehensive initiative, known as “Golf for All,” that aims to delve into the evolving ...
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News briefsWorld Boxing boosts its executive board and announces inaugural congress
World Boxing has added two new members to its executive board, Dinah Glykidis and Marketa Vochoska Haindlova. Glykidis is the CEO of Boxing Australia. Haindlova is the founder and principal of an international law firm, Marketa Haindlova, specialising in sports law. In parallel to her legal practice, she has extensive ...
