All News briefs articles – Page 231
-
News briefsDescente sees 12.4% sales gain as profitability improves
Descente, the Japanese sportswear company, saw sales in its financial year ended March 31 increase by 12.4 percent to 108,892 million yen (€815.1m), despite the fourth quarter being marked by new Covid-19 lockdowns in China and sluggish apparel sales due to the warm winter in South Korea. Sales of athletic ...
-
News briefsStockX appoints chief impact officer
Source: StockX Damien Hooper-Campbell, CIO at StockX Vintage sneaker and other collectibles auction platform StockX has expanded its leadership team with the appointment of its first-ever chief impact officer, Damien Hooper-Campbell. He will report directly to CEO Scott Cutler and oversee key functional areas, including Diversity, Equity ...
-
News briefs
Recommerce specialist Trove has a new CEO
Trove, the California-based branded e-commerce specialist that counts Allbirds, Lululemon, Patagonia, Arc’teryx and REI among its clients, announced that its president, Gayle Tait, who has also been a company board member since January 2021, was promoted to CEO. Andy Ruben, who has served as CEO since the company’s launch in ...
-
News briefs
Sports Marketing Survey acquires Culture of Insight
Survey specialists Sports Marketing Survey have acquired data preparation and visualization experts Culture of Insight. The two companies had previously formed a close partnership. The employees of Culture of Insight will be employed by Sports Marketing Survey from now on. Culture of Insight brings clients such as Eurosport, Formula1 and ...
-
News briefsHéloïse Temple-Boyer is new chairwoman of Puma’s supervisory board
Source: Puma Héloïse Temple-Boyer Puma has elected Héloïse Temple-Boyer as the new chairwoman of its supervisory board. The financial expert succeeds Jean-François Palus, who will remain on the board for an orderly handover. Palus had held the position since 2007. Temple-Boyer has been on the board since ...
-
News briefsNew WFSGI webinar on regulatory trends in the sport and fashion industry
WFSGI and Compliance & Risks offer a webinar on regulatory trends. Stacey Bowers, manager global market access at Compliance & Risks and Charlotte Giudicelli, head of legal at WFSGI, will present the latest regulations and mandatory standards establishing labeling requirements for the sport and fashion industry. The webinar is scheduled ...
-
News briefsCraft management team goes on 450km charity bike ride from German HQ
Three German top managers of the Swedish brand Craft – André Bachmann (CEO), Wolfgang Lagler (sales manager) and Markus Müller (marketing manager) – are embarking on a three-day charity bike ride from their Bavarian headquarters. They want to cover a distance of 450 km to hand over the new club ...
-
News briefsPou Sheng International reports April, four-month sales
Pou Sheng International, the distribution and retail subsidiary of Yue Yuen that issued a first-quarter profit warning ten days ago, yesterday reported a constant currency sales decline in April of 38.2 percent to RMB 1,205,473,000 (€170.3m) from RMB 1,949,603,000. For the four months ended April 30, Pou Sheng’s consolidated operating ...
-
News briefs
Real Madrid builds metaverse stadium
In partnership with Astosch Technology and a Korean firm, Real Madrid has set up a virtual version of its home stadium – Santiago Bernabéu, complete with trophy case – and its environs. The walkable simulation includes a text and voice chat with real-time translation. The system enables fans anywhere in ...
-
News briefs
British Advertising Standards Authority bans Adidas advertising for nudity
After 24 complaints have reached the Advertising Standards Authority (ASA), the institution has banned an Adidas advertising for the company’s sports bras range from showing in the U.K. The ad that showed uncensored images of women’s bare breasts – to underline the variety in shapes and sizes of breasts and ...
-
News briefsArklyz acquires sneaker retailer Asphaltgold
Arklyz, the owner since 2021 of The Athlete’s Foot, the sports lifestyle footwear banner previously owned by Intersport International (IIC), has added Asphaltgold, a European omnichannel provider of high-end sneakers and streetwear based in Darmstadt, Germany, to its portfolio. “The acquisition of Asphaltgold was a very strategic decision for us,“ ...
-
News briefs
Euratex establishes new EUTI initiative to support connections to and from the Ukrainian textile sector
The European apparel and textile confederation Euratex has launched an initiative to support the Ukrainian textile and apparel sector by mentoring and supporting economic, industrial and trade relations between EU and Ukrainian companies: the EU-Ukraine Textile Initiative (EUTI). The project seeks to facilitate cooperation between the market players by offering ...
-
News briefsSnipes acquires Croatian retailer Shooster
Following its successful expansion into Poland (acquisition of the Distance fashion chain in June 2021) and the takeover of the American retail chains Jimmy Jazz and Expressions in the same year, Cologne-based sneaker and streetwear retailer Snipes is continuing its expansion course with the acquisition of Croatian retailer Shooster. Alongside ...
-
News briefsSanuk releases gender-neutral footwear collection in partnership with Pacific Pride Foundation
U.S. footwear company Sanuk, a division of Deckers Brands, announced the next version of its partnership with the Pacific Pride Foundation, the largest LGBTQ+ center between Los Angeles and San Francisco that works to create a thriving and visible LGBTQ+ community. Created in collaboration with artist and designer Maggie Johnson, ...
-
News briefsRun for the Oceans challenge registration starts with broader range of activities
In the sixth year of their partnership, Adidas and Parley for the Oceans are once again hosting the “Run for the Oceans” challenge. Registration is now open for the event that takes place from May 23 to June 8, 2022. For the first time, the Run for the Oceans includes ...
-
News briefsBoa launches new marketing campaign aimed directly at end consumers
Boa Technology, the maker of the Boa Fit System, is launching a new global brand campaign that targets consumers more directly than before. The campaign uses professional athletes in the brand’s key segments – snowboarders, road cyclists, trail runners, downhill mountain bikers, climbers and backcountry skiers – to ask consumers ...
-
News briefsLotto partners with Coupang to debut in South Korea
Coupang and WHP Global have announced a partnership to bring Lotto to South Korea. Under the terms of the agreement, Coupang will serve as the exclusive distributor for the brand in South Korea, bringing a collection of men’s and women’s lifestyle footwear, apparel and accessories to consumers. With nearly 18 ...
-
News briefsUnited Sports Brands acquires Pearl Izumi from Shimano
California-based United Sports Brands (USB), owner of Spalding, Nathan, Shock Doctor and KT Tape, among others, has acquired the bike apparel brand Pearl Izumi from Shimano. USB is a portfolio company of Bregal Partners, a private equity firm. Pearl Izumi has been part of the Japanese Shimano company since 2008. ...
-
News briefsAmer completes sale of Suunto
Amer Sports and Liesheng have completed the transaction in which Amer sold Suunto to the Chinese technology company, first announced in January. Suunto will continue to focus on high-end outdoor wearables under its new ownership, the participating parties said. Rothschild & Co acted as financial advisor and Avance as legal ...
-
News briefsLeFebvre takes over as HanesBrands’ president of global activewear
HanesBrands, the owner of the Champion brand, has appointed Vanessa LeFebvre as president of global activewear. In this role, LeFebvre will be responsible for the planned growth of Champion, focusing on product innovation, key markets and new distribution channels. She joins the group from Adidas, where she has been senior ...
