All News briefs articles – Page 247
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News briefsUnder Armour announces $500 million share repurchase program
Under Armour’s board of directors has authorized the repurchase of up to $500 million of the company’s Class C common stock, effective immediately. Repurchases under this program may be made over the next two years through various methods, including open market transactions, privately negotiated or accelerated share repurchases. The timing, ...
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News briefsSkechers launches pickleball footwear and sponsors US Open
Skechers is getting involved in one of the fastest-growing sports in North America as the official footwear sponsor of the US Open Pickleball Championships, organized by Spirit Promotions since 2016. With no corresponding footwear in the Skechers collections until now, the brand will introduce a range of specific Skechers pickleball ...
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News briefsBrooks elevates two executives
Dan Sheridan, who has worked for Brooks Running for 24 years and is well respected in the running shoe industry, has been promoted to president and chief operating officer. In a separate executive promotion at Brooks Running, Matt Dodge, who has led the brand to record growth in the EMEA ...
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News briefsFESI demands harmonized standards in EU due diligence
Regarding the Corporate Sustainability Due Diligence initiative proposal presented by the European Commission on Feb. 23, 2022, the Federation of the European Sporting Goods Industry (FESI) took the opportunity to call again for a fully harmonized approach of the due diligence topic at the EU level that is harmonized with ...
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News briefsGermans invest in home fitness
A representative study by the German Industry Association for Fitness and Health (DFIG) has found that home fitness continues to be a growth market in Germany. The Covid-19 pandemic has boosted the market, and this trend continues. The survey shows that: 50 percent of households in Germany purchased fitness ...
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News briefsABG partners with New Guards for Reebok in Europe
Authentic Brands Group (ABG) has appointed Milan-based luxury fashion manufacturing and distribution holding company New Guards Group as its operating partner for the Reebok brand in Europe. Under the agreement, New Guards, which is owned by U.K.-based international e-commerce company Farfetch Limited, will operate retail stores and e-commerce for the ...
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News briefsAction Sports Career Fair in Hossegor is back this week
After two years of absence due to the pandemic and following the two very successful first editions, EUROSIMA, the MACS District Council and the City of Hossegor, together with the Saint-Vincent-de-Tyrosse Employment Agency, are organizing the third edition of the Action Sports Career Fair on Friday, March 25, 2022, from ...
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News briefsGo Sport has a new GM
Hermione People & Brands (HPB) has announced the appointment of Benoît Verdier as the new general manager of Go Sport, with immediate effect. He will report to Wilhelm Hubner and Samuel Alimi, respectively the president and vice-president of HPB. Verdier has more than 15 years of experience in the retail ...
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News briefsSport Job Day is back in France
After three years of absence, the Sport Job Day will be back in Paris on April 20. The sport-focused career fair, hosted at the iconic Parc de Princes stadium, is co-organized by Union Sport & Cycle, the Paris Municipality and the French employment center (Pôle Emploi). The first two editions ...
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News briefsDP World Tour and EDGA further expand reach of golf for the disabled
The DP World Tour has announced an expanded G4D (Golf for the Disabled) schedule and a “transformational” support package for the European Disabled Golf Association (EDGA). As part of the agreement, the 2022 G4D Tour’s international schedule will feature a minimum of seven tournaments, up from five in 2021. In ...
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News briefsNew sales manager for Arena Germany and Austria
Source: Arena Oliver Pfaff Italian swimwear specialist Arena has hired Oliver Pfaff as sales manager for Germany and Austria. Pfaff comes to Arena with a broad range of experience: For the last three years, he was head of key account management for the eyewear brand Marcolin; before ...
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News briefsU.S. Women’s Soccer reaches agreement on equal pay and working conditions
The players on the US Women’s National Team (USWNT) who filed a gender discrimination lawsuit against the US Soccer Federation have reached a settlement, ending a dispute over equal pay and working conditions that has been ongoing since 2016. In 2016, five USWNT players had initially filed a wage discrimination ...
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News briefsPiping Hot partners with University of Technology Sydney on textile made from seaweed
Australian surf brand Piping Hot and the University of Technology Sydney (UTS) have announced a research partnership to develop a sustainable textile made from seaweed. Starting in February 2022, scientists at the UTS Climate Change Cluster will be building a prototype fiber. Piping Hot commissioned this research to UTS as ...
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News briefsSlinger closes PlaySight Interactive acquisition
Shortly after completing its acquisition of Gameface.ai, connected sports technology company Slinger, formerly Slinger Bag, has added the final building block to its “Watch, Play, Learn” strategy with video capture and analytics company PlaySight Interactive. PlaySight was founded in 2014 and is now firmly established in the U.S. team sport ...
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News briefsJD raises its profit forecast
JD Sports Fashion indicated a few days ago that it expects to report pre-tax earnings of at least £900 million (€1,074m) for the financial year ended Jan. 29, up from previous guidance of £750 million given in September and £810 million on Jan. 12. On the other hand, the international ...
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News briefsPuma signs Puerto Rican music artist for motorsport lifestyle marketing
After a chess grandmaster and a video game, Puma is now supporting another professional not known at first glance for sports: Puerto Rican music artist Myke Towers. Towers is Puma’s first official global motorsports lifestyle ambassador, tasked with connecting the worlds of music and automotive culture for the sports brand. ...
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News briefsDecathlon continues to expand its presence in professional sports
Decathlon is signing more athletes from a wide range of sports, further putting its own brands in the spotlight. Following the commitment of French tennis player Gaël Monfils and the expanded involvement in padel sports (we reported), the company has announced additional partnerships in cycling, volleyball, athletics and trail running, ...
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News briefs
Panteres Grogues get support from Barça, and Puma
Puma has signed a cooperation agreement with the Spanish LGTBIQ+ multisport association Panteres Grogues in Barcelona as part of #Reform, the brand’s global initiative to defend universal equality. On the occasion of the International Day to Combat LGTBI-Phobia in Sport, celebrated on February 19, FC Barcelona also signed a cooperation ...
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News briefsMoody’s outlook for Callaway remains negative, despite refinancing
Moody’s maintained its negative outlook about the increasingly diversified Callaway Golf group despite a new move intended to simplify its capital structure by refinancing its debt, following its $1.7 billion acquisition of Topgolf International, the U.S.-based operator of golf venues and entertainment centers, in March 2021. In a previous diversification ...
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News briefsFanatics is acquiring Mitchell & Ness
Fanatics has teamed up with a celebrity cohort, which also includes Jay-Z, to acquire Mitchell & Ness, a brand merchandising company. As reported by the New York Times, the deal was closed on Feb. 16, and valued Mitchell & Ness at about $250 million. Under the terms of the transaction, ...
