All News briefs articles – Page 136
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News briefsRossignol Group appoints new VP DTC
Source: Rossignol Group Daniele Milani Daniele Milani has joined the Rossignol Group as VP of Global Retail and E-commerce. He is responsible for the continued acceleration of the growth of the DTC business, with the goal of growing from 10 percent to more than 15 percent of ...
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News briefsXponential Fitness signs deal with Gympass, cites 3-year operating targets
The largest global franchisor of boutique fitness brands has issued new operating targets for 2026 that include systemwide sales of $2.33 billion, revenues of $405 million and adjusted Ebitda of $190.0 million as it opens 500 new studios. Xponential Fitness, which generated a 9 percent increase in Q2 net profit ...
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News briefsPuma's head of sustainability says EU reporting requirements are challenging
Puma’s Head of Sustainability Stefan Seidel has said that meeting new European Union requirements for corporate reporting on sustainability is a challenge, according to Reuters. Speaking at the Reuters Impact conference in London during the panel discussion, “Collecting consistent, comparable and quality data,” Seidel is quoted as saying: “We are ...
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News briefsHanesBrands and G-III announce licensing agreement for Champion, C9 Champion outerwear
HanesBrands and G-III Apparel Group have entered into a strategic, multi-year licensing agreement for the design, production and distribution of outerwear for the Champion and C9 Champion brands in North America, which includes exploring opportunities in Champion’s global network as a key partner. “G-III’s proven track record in category expansion ...
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News briefsFabletics launches desert-inspired collection with Khloé Kardashian
California-based activewear brand Fabletics, founded in 2013, has announced its latest celebrity collection in collaboration with entrepreneur, fitness enthusiast and television star Khloé Kardashian, launching Sept. 8. The nine fashionable pieces feature a desert-inspired theme that the company says reflects Kardashian’s perseverance and is directly influenced by her ability to ...
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News briefsZalando appoints VP of Sustainability and Diversity & Inclusion
Source: Zalando Pascal Brun Online retailer Zalando has hired Pascal Brun, a renowned expert in the textile and apparel industry, as its new Vice President of Sustainability and Diversity and inclusion (D&I). In his role, he will report directly to Padmaja Bommareddy, SVP of Corporate Development. The ...
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News briefsAmer Sports confidentially files for IPO
Amer Sports, the Finland-based company controlled by Anta Sports and parent of Salomon, Wilson, Atomic, Arc’teryx, Peak Performance, Armada and other brands, has confidentially filed for an initial public offering in the USA to offer between $1 and $3 billion of its equity, Bloomberg reports, citing sources familiar with the ...
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News briefsG-Shock NFTs to come
Casio is opening a “digital community” through Discord for customers of its long-running G-Shock line of digital watches. On Sept. 23, moreover, the company will be issuing and distributing, free of charge, through the Polygon blockchain, an initial run of 15,000 “G-Shock Creator Pass” NFTs. Holders will ...
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News briefsSports stars back Apex Capital’s new €50 million sports fund
Lisbon-based Apex Capital, an investment firm that partners with professional athletes, has announced the launch of its new €50 million Elite Performance Fund. Formula One drivers Carlos Sainz, Lando Norris and Valtteri Bottas are among the sports stars confirmed as part of the new fund. Other backers include Manchester United’s ...
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News briefsManchester United will reportedly be taken off the market
The Daily Mail has revealed that the Glazers are going to take Manchester United off the market after failing to get close to their anticipated asking price. The newspaper cites “a source with long-standing close ties to the American family.” Reports in February suggested that a Qatar-based consortium of private ...
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News briefsDecathlon appoints Jimena Almendares as chief digital officer
Source: Decathlon Jimena Almendares Decathlon has announced the appointment of Jimena Almendares as Global Chief Digital Officer. She joined Decathlon in August. Almendares has 20 years of experience in business innovation and has worked in 16 countries across North America, Latin America, Europe and Asia. Before joining ...
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News briefsNike introduces the ISPA Link Axis, a fully circular shoe
Source: Nike ISPA Link Axis production Nike is launching the ISPA Link Axis, described by the brand as its “first exploration into creating a fully circular shoe,” a closed-loop system that yields no waste. Every part of the Link Axis can be recycled, claims the company. ...
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News briefsTraceability specialist Haelixa receives capital injection from ZSIG
Switzerland-based Haelixa has announced that it has received a new capital injection from the Zürich Silk Association (ZSIG). Haelixa offers proprietary solutions to physically mark, trace, and authenticate products along the consumer goods supply chains, empowering textile and fashion companies to make more responsible choices. Its founders developed the concept ...
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News briefsAre Visa and Mastercard raising fees?
The Wall Street Journal reported on Aug. 30 that, according to company documents it had seen and sources it had spoken with, Visa and Mastercard would be raising interchange fees – that is, the fees charged to merchants when they accept customer credit cards. The rise was to occur this ...
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News briefsVölkl celebrates 100 years “Made in Germany” with limited-edition skis
Source: Völkl Limited Edition 1923 Mantra German ski manufacturer Völkl is currently celebrating its 100th birthday. Since its founding in 1923 by Franz Völkl, the Bavarian company has become Germany’s largest and last remaining major ski manufacturer and has been operating worldwide for decades. To properly celebrate ...
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News briefsUnder Armour appoints John Varvatos as Chief Design Officer
Source: Under Armour John Varvatos Under Armour has a new Chief Design Officer in fashion industry veteran John Varvatos, who will join the company on Sept. 11, 2023. Varvatos joined UA as a consultant earlier this year and brings his extensive expertise in style and form to ...
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News briefsAlibaba.com launches “Super September”
Since Sept. 1, the global B2B e-commerce platform Alibaba.com has been running “Super September,” its biggest B2B sales event of the year. Super September brings together more than 40 million buyers and 200,000 sellers from around the world to discover new products and services and shop more securely online. More ...
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News briefsYanmar develops new marine activity called “Wheeebo”
Yanmar, a Japanese supplier of small and large engines, agricultural machinery and equipment, construction equipment, power systems, marine equipment, machine tools and components, has developed a new marine activity called Wheeebo. Users of the round board lean in the desired direction of travel – similar to using a hoverboard on ...
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News briefsCoats completes sale of European Zips business
Coats said that it has completed the sale of its low-margin European Zips business. In July, the British industrial thread and global footwear component manufacturer, announced that it had entered into an agreement to sell its European Zips business to Aequita for an expected nominal cash consideration of around $1 ...
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News briefsSaudi Arabia is reportedly lobbying to host the FIFA 2034 World Cup
Saudi Arabia is refocusing its ambitions on a sole bid for the FIFA 2034 World Cup. The original idea of co-hosting the event in 2030 alongside Egypt and Greece has reportedly been abandoned, according to The Times, as the country’s authorities are already lobbying with senior figures in European football ...
