All News briefs articles – Page 240
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News briefsDecathlon suspends activities in Russia
After Decathlon had initially announced to keep its 60 brick-and-mortar and the web store open in Russia until further notice following the outbreak of war in Ukraine to protect its employees from possible harmful measures, the French company has now announced that it is ceasing its operations in the country ...
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News briefsNew Balance opens fifth North American factory
New Balance has opened its 80,000-square-foot “Factory of the Future” in Methuen, Mass. for production of its Made 990v5 model. The Methuen plant, which underwent a roughly $20 million renovation, is the company’s fifth factory in North America. All five factories contribute to the production of “New Balance Made” sneakers, ...
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News briefsOrthoLite announces new sales manager for Portugal
Source: OrthoLite Marisa Costa Insole specialist OrthoLite is expanding its global sales management team in Europe with the appointment of Marisa Costa as its new sales manager for Portugal. Costa has extensive experience in footwear development and design, working with both brands and factories in the past. ...
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News briefsJenifer Boughey is Garmin’s new head of corporate communication
Source: Garmin Jenifer Boughey Garmin has strengthened its communications team with Jenifer Boughey as the new head of corporate communications at its Munich office. Having held numerous senior positions in global, regional and local communications departments at EDS, Rolls-Royce, Fujitsu Siemens and most recently Fujitsu, Boughey is ...
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News briefsSport 2000 Absolute Teamsport concept grows by two new specialized stores in Germany
Two new shops in Germany have opened their doors under the Absolute Teamsport concept by Sport 2000. The concept aims to provide a specialized, comprehensive range of team sports products and services. With the new Absolute Teamsport Rauscheid in Alsdorf and the Absolute Teamsport Burdenski Sportswear in Bremen, the total ...
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News briefsSigna’s Padel-Point launches French amateur padel tour supported by Cupra
Padel-Point, a brand of Tennis-Point GmbH, a Signa Sports United company, has launched the Cupra Padel-Point Tour, France 2022. The first event of its kind in France, consisting of eleven tournaments across the country from April to September, is designed to create a world-class amateur padel tournament in France and ...
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News briefsRegeneration.VC launches $45 million fund for sustainable investments
The newly launched venture capital fund Regeneration.VC, based in Los Angeles, has closed its $45 million inaugural fund. The company aims to support circular business models, as initially done with materials science company Pangaia, rental service Arrive or vegan hide producer VitroLabs. Regeneration.VC’s investment strategy encompasses design (materials and packaging), ...
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News briefsPádel Nuestro renews tournament sponsorship
According to CMDsport, Pádel Nuestro has extended to 2023 its deal to be the “premium” sponsor and official store of the Challenger youth tournaments put on by the World Padel Tour (WPT) and Ultimate Padel Company (UPC). The original deal dates to last year and the tournaments have since evolved ...
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News briefsAllied Feather + Down releases first down capsule collection in the U.S.
Allied Feather + Down has announced the U.S. drop of its first down jacket capsule collection. It will be available on Allied’s Zero Degrees North website. The collection of four jackets, originally released exclusively to the Japanese market this past autumn, is described as blurring the line “between outdoor performance ...
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News briefsDainese wants to grow in Asia and the U.S. while doubling revenues
In a recent interview with Italian newspaper La Stampa on March 21, Cristiano Silei, who has been at the head of Dainese for the last seven years, said that the company is putting growth in Asia and the U.S. at the heart of its expansion plans. The brand is already ...
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News briefsAmazon to open first fulfilment center in Turkey
Amazon has announced plans to open its first logistics base in Turkey in autumn 2022. The facility, which will be based in Istanbul’s Tuzla municipality, is expected to create 1,000 new jobs during the first year. Amazon is investing more than 100 million dollars in the new site, which is ...
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News briefsFoot Locker wants to reach net zero greenhouse gas emissions by 2050
Foot Locker has announced its ambition to achieve net-zero greenhouse gas (GHG) emissions by 2050 or sooner, answering the call to limit the global temperature rise to 1.5°C as well as feedback from stakeholders. This target was described by the specialty athletic retailer as “an important milestone in the company’s ...
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News briefs
New study highlights dangerous chemicals in counterfeit goods
The American Apparel & Footwear Association (AAFA) has unveiled the results of a recent study on the dangers of counterfeit goods for consumers, conducted with British quality assurance provider Intertek. The study focused on the dangers of hazardous chemicals and heavy metals. Tests were conducted on clothing, footwear and accessories. ...
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News briefs
Intersport France names new managing director
Intersport France has reportedly appointed Sylvain Darracq as its new managing director, Sport-Guide.com has revealed. He is to replace Corinne Gensollen, who has held the role since 2016. Gensollen will remain as an advisor to Jacky Rihouet, the chairman of Intersport France, for international matters, CSR and brand platform. Darracq ...
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News briefsHoka and Boston streetwear boutique unveil footwear capsule
Hoka, a division of Deckers Brands, has entered a collaboration with Boston-based streetwear boutique Bodega, resulting in a limited-edition line combining outdoor performance technology with urban-inspired streetwear design. The capsule includes two items: a special edition Kaha Low GTX trail hiker and the Ora Recovery Slide, available now exclusively at ...
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News briefsAdidas rolls out new ambassador network for college student-athletes in the U.S.
The U.S. National Collegiate Athletics Association (NCAA) (a non-profit through which many colleges and universities in the U.S. organize their athletic programs) has shifted its economic model in July 2021, allowing student-athletes the ability to monetize the use of their Name, Image and Likeliness (NIL) for the first time. Now, ...
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News briefsStrellson launches exclusive off-bike capsule collection with Olympian Fabian Cancellara
The Swiss men’s fashion brand Strellson has announced a collaboration with two-time Olympic gold medalist and Swiss race bike legend Fabian Cancellara. Part of the partnership is a limited edition “off-bike” capsule collection. Cancellara and a design team at Strellson led by Marco Tomasi created a collection of thirteen fashionable ...
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News briefs
Circle Sportswear raises €2.5 million
Circle Sportswear, a French start-up, has raised €2.5 million in new funding round, less than one year after raising €1 million in April 2021. The new funds will support product innovation and the expansion of the company’s presence in markets across Europe and the U.S. Founded by Romain Trébuil and ...
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News briefsiFIT launches iFIT Adventures, offering real-life excursions to iFIT workout destinations
iFIT, a specialist in connected fitness software, content and equipment, has announced the launch of iFIT Adventures, a new series of in-person travel fitness experiences that allow members to explore destinations around the globe. iFIT Adventures, led by iFIT’s in-demand trainers, are all-inclusive travel experiences that enable members to move ...
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News briefs
Balance Athletica to change name to Vitality
Balance Athletica, a Denver-based athleisure brand founded in 2018, has announced that it will change its name to Vitality. The announcement follows a trademark infringement lawsuit filed by New Balance in the U.S. District Court of Massachusetts in November 2020. New Balance claimed that Balance Athletica used a “confusingly similar ...
