All News briefs articles – Page 148
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News briefsBrooks enters resale market with ReStart program
Brooks Running has launched a new program reselling refurbished used Brooks footwear in the U.S.. The ReStart program will sell “lightly used” running shoes at three quality levels: “Like New,” “Great,” or “Good” condition. The move is part of Brooks’ sustainable consumption strategy in support of the United Nations Sustainable ...
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News briefsAI design helps Canterbury create the lightest boot yet
Rugby brand Canterbury has launched the lightest and most advanced rugby boot the brand has ever made. The Speed Infinite Elite boot weighs just 217 grams (about the same as an iPhone); a 28 percent reduction in weight compared with the previous generation, achieved using AI-powered design. The Speed Infinite ...
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News briefsKMD’s CFO to resign
KMD Brands Chief Financial Officer Chris Kinraid has announced his resignation, effective December 2023, after nine years with the group to take a position as Chief Executive Officer at Hallenstein Glasson Holdings, an Auckland, New Zealand-based men’s and women’s fashion retailer also listed on the New Zealand Stock Exchange, with ...
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News briefsJapanese gain better access to sports merch on Rakuten
License Global reports that Fanatics has opened its first online marketplace in Japan, on Rakuten Ichiba, operated by global Internet services provider Rakuten Group, to provide fans across Japan with access to licensed sports merchandise. Japanese sports fans can access Fanatics’ range of licensed sports merchandise here. The store currently ...
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News briefsCoDi’s longtime director C. Sean Day retires
Compass Diversified Holdings (CoDi), the Connecticut-based owner of several sporting goods brands, including Boa Technology, 5.11, Marucci Sports, PrimaLoft and Velocity Outdoor, announced that C. Sean Day has retired from the company’s Board of Directors effective June 30, 2023, for personal health reasons. Day joined the board in 2006, coinciding ...
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News briefsCoats sells European zips business to Aequita
Shortly after the company announced the launch of a new footwear division, Coats Group, the British multinational specializing in the manufacture of yarns and structural components for apparel and footwear, announced the sale of its Opti Zips EMEA business to Aequita for an expected $1 million after the deduction of ...
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News briefsJannik Sinner brings Gucci bag to Wimbledon’s Centre Court
Italian tennis player Jannik Sinner became the first-ever player to carry a non-white luxury branded bag, as opposed to a bag from a technical sponsor, onto a Wimbledon court on July 3. Sinner is an ambassador for Gucci. The custom bag, created by the Italian fashion house with the player, ...
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News briefsHighsnobiety lays off 10% of its workforce
Highsnobiety has laid off around 10 percent of its workforce – around 24 employees – across several departments, including editorial, commerce, data and marketing, according to Business of Fashion. Breaking the news, BoF cites Highsnobiety Founder and CEO David Fischer and Chief Operating Officer Jürgen Hopfgartner as blaming unfavorable ...
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News briefsVivobarefoot tests digital platform for personalized footwear
Footwear and lifestyle brand Vivobarefoot is introducing VivoBiome, an experiential platform for personalized, circular, locally assembled footwear. Each VivoBiome product can be tailored to the customer’s needs and preferences. The VivoBiome footwear uses SLS 3D printing and artificial intelligence (AI) data. Vivobarefoot is looking for 200 Brits to try the ...
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News briefsAdidas’ Executive Board Member resigns
Adidas has announced that Amanda Rajkumar, 51, member of the company’s Executive Board and Labor Director of Adidas responsible for Global Human Resources, People and Culture, has decided not to extend her executive board mandate beyond Dec. 31, 2023. The termination of Rajkumar’s appointment as an executive board member is ...
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News briefsTrusTrace releases a second industry playbook featuring Asics
TrusTrace has released its second industry playbook, The Traceability Roadmap: A practical, step-by-step guide to implementing traceability in supply chains. With the free Traceability Roadmap, businesses can find out how to define needs, set goals, outcomes, success indicators, and return on investment to ensure cross-functional buy-in. The ...
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News briefsAmazon to bring first Rivian electric delivery vehicles to Europe
Amazon has announced the launch of new customized electric delivery vehicles in Europe from Rivian, a publicly traded U.S. electric car manufacturer based in Plymouth, Michigan. More than 300 of these vehicles will enter service in Germany – in the Munich, Berlin and Düsseldorf areas – in the coming weeks. ...
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News briefsKlutch Athletics by New Balance launches in 100 stores in the U.S.
Source: New Balance Chase Young signs on as first ambassador for Klutch Athletics by New Balance Klutch Athletics, the brand of American star agent Rich Paul, has launched in 100 U.S. retail locations at Dick’s Sporting Goods, Foot Locker, JD Sports, DTLR and Snipes, Front Office Sports ...
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News briefsFESI raises alarm over stalled GSP Trilogue Negotiations
The Federation of the European Sporting Goods Industry (FESI) has expressed concern over the breakdown of negotiations on the Generalized System of Preferences (GSP). FESI strongly believes that the GSP regulation is the most important element of the EU’s trade and sustainable development policy. It has been shown to help ...
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News briefsAuthentic Brands Group raises $500 million from General Atlantic
Authentic Brands Group has announced a $500 million primary follow-on investment from global growth equity firm General Atlantic, its current investor. The continued partnership with General Atlantic is meant to support Authentic’s worldwide expansion. General Atlantic first partnered with Authentic in October 2017. The latest investment brings General Alantic’s total ...
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News briefsAnta’s board becomes (a bit) more diverse
Anta Sports announced that to achieve “a greater balance of gender diversity and expertise” among board committee members and to also align the group’s management structure with its strategic direction, changes are being made to the composition of its remuneration, nomination, risk management and sustainability committees. As a first change, ...
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News briefsNew “Enhanced Games” without drug testing
Aron D’Souza, a Melbourne-born businessman who lives in London, is launching the Enhanced Games, described on the event’s website as “an alternative to the corrupt Olympic Games.” D’Souza plans to stage the inaugural Olympic-styled competition in December 2024. A key specificity of the Enhanced Games is that, contrary to the ...
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News briefsPrecor and Stages Cycling announce global distribution partnership
Precor, a wholly owned subsidiary of Peloton, and Stages Cycling, a U.S. manufacturer of commercial indoor bicycles, power meters and cycling computers, announced that they intend to enter into a “strategic global distribution agreement that will expand the availability and reach of Stages Cycling products to new markets and customers.” ...
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News briefsPPL adds eighth pádel team
The Pro Padel League (PPL), which operates in North America, has added an eighth team, representing New York City. Its ownership will be detailed over the summer, and the franchise will enter league play next season. Among the people behind the other franchises are musician (“King of Reggaeton”) Daddy Yankee ...
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News briefsFootball equipment market to grow 2.59% CAGR by 2027, propelled by eco-friendly products
The football equipment market is estimated to grow by $2,021.66 million from 2022 to 2027, representing a compound annual growth rate of 2.59 percent during the forecast period, according to a recent research report by Technavio. Europe, which accounted for the largest share of the global market in 2022, is ...
