All News briefs articles – Page 250
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News briefsAlibaba's virtual influencer for the Olympics
Her name is “Dong Dong,” which means winter, and her mission is to engage with the fans of the Olympic Games in Beijing. That is what the official Olympic partner Alibaba Group said when presenting its new virtual influencer. Source: Alibaba Group Dong Dong is meant to ...
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News briefsDescente’s nine-month sales rise by 15%
Descente’s total sales grew by 15 percent to 76,681 million yen (€589.6m-$698.5m) in the nine-month period ended Dec. 31, 2021, with an increase of 13 percent in the third quarter, leading to an operating profit of ¥4,380 million (€33.7m-$39.9m) against a loss of ¥2,454 million in the corresponding nine-month period ...
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News briefsGoldwin forecasts 5.7% drop in operating income
Goldwin, the Japanese company whose brand portfolio includes territorial trademark rights or licenses for some western sports brands, is currently forecasting a 5.7 percent drop in annual operating earnings to 14 billion yen (€107.6m) for the 12 months ending March 31, 2022. Annual revenues are predicted to rise by 10.5 ...
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News briefsNew global store concept for Hoka launched in Asia
Green Room, an experimental design agency based in Birmingham, has partnered with footwear and apparel brand Hoka to develop a new global store concept that has been launched first in China and Southeast Asia. The partnership has developed a community-focused retail concept that will be rolled out in multiple locations ...
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News briefsStudy shows e-commerce continues to soar in Switzerland and Austria
A very detailed survey conducted last fall among 284 Swiss retailers (and, for the first time, also 63 Austrian companies) by the Institute for Marketing Management at the ZHAW School of Management and Law shows that nine out of ten online stores in Switzerland and Austria have grown during the ...
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News briefsDalbello launches ski boots made from recycled plastics
Green Gaia Dalbello, part of the MDV group of companies (with Marker and Völkl), is launching the Green Menace and Green Gaia for the 2022/23 winter season, two new ranges of eco-friendly ski boots built from recycled plastics as part of the brand’s Reboot project. The material ...
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News briefsSpain’s sporting goods production continues to grow
The production of sporting goods in Spain recorded a 70 percent increase in December 2021 as compared to the same month of 2020, based on provisional data from the Spanish Statistical Office (INE). The performance also marks the fourth consecutive month of growth in the sector’s industrial production index (IPI). ...
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News briefsLuanvi posts double-digit sales increase
Luanvi, the Spanish sportswear manufacturer, posted revenues of €14.5 million in 2021, which represent a 25 percent increase year-on-year. The result also marks an improvement as compared to pre-pandemic levels, the company said. As reported by CMD Sport, the positive trend is continuing in 2022, as the company recorded a ...
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News briefs
Italy focuses on bid to stage UEFA Euro 2032
The Italian Football Federation (FIGC) has announced plans to host the UEFA Euro 2032. Italy, the winner of the 2021 tournament, had considered a bid for Euro 2028, but FIGC’s president Gabriele Gravina said a proposal to host the tournament in 2032 would allow more time to modernize stadiums across ...
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News briefsLululemon launches “mushroom bags”
Canadian athletic apparel and accessories brand Lululemon is launching two bags made from Mylo, a material made from renewable mycelium, the root structure of mushrooms, and created by a team of scientists and materials experts at Bolt Threads. Lululemon first revealed its plans to make mushrooms last July, as part ...
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News briefsCallaway will support Women’s Golf Day for another three years
Callaway Golf has announced a three-year extension as the official golf club sponsor of Women’s Golf Day. This year’s initiative is scheduled to take place on June 7. Callaway has been Women’s Golf Day’s sponsor since 2020. Women’s Golf Day is a global movement that supports women and girls through ...
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News briefsGore-Tex expands its U.S. rental program
Gore-Tex has expanded its rental program called “Outerwear on Demand” in the U.S. The snowsports apparel rental service was originally launched in December 2020 and is now offered at 15 ski resorts and retail stores across the country. Gore-Tex has even developed a dedicated Outerwear On Demand collection. The apparel ...
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News briefs
Puma North America falls victim to ransomware attack
Bleepingcomputer.com reports that after a ransomware attack on one of Puma’s North American workforce management service providers, Kronos, in December 2021, cybercriminals also stole Puma North America employees’ data from the Kronos private cloud. Ransomware attacks involve malware that is installed undetected in the victim’s system. The malware then encrypts ...
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News briefsThe Olympics are beneficial for Alibaba
Chinese people like to use the days around Chinese New Year to do some shopping. According to the technology company Alibaba, the most popular shopping products this year include items related to the Olympic Games, skiing and ice sports. During the the New Year’s holidays (Jan. 31 ...
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News briefs
Adidas partners with NYCRUNS Brooklyn Marathon & Half Marathon
Adidas has been announced as the first-ever footwear and apparel partner for NYCRUNS Brooklyn Marathon & Half Marathon. The race will be held in Brooklyn on April 24 and is expected to see the participation of more than 20,000 runners, making it one of the largest running events in the ...
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News briefsK2-MDV renames itself Elevate Outdoor Collective
Seattle-based K2-MDV Holdings, the parent company of all K2 Sports and MDV brands, including K2 Skis, K2 Snowboarding, Marker, Dalbello, Völkl, Ride Snowboards, Line Skis, Backcountry Access, Atlas Snow Shoe Co, Tubbs Snowshoes, Madshus and K2 Skates, announced that it has rebranded itself Elevate Outdoor Collective, effective immediately. The company ...
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News briefsCollapsed textile factory: Rana Plaza trial continues
For five years, the trial surrounding the collapse of Rana Plaza in Bangladesh was suspended, but now it is to resume on Feb. 16. The eight-story Rana Plaza factory building collapsed on April 24, 2013, killing more than 1,100 people. It housed several textile and other companies, and clothes were ...
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News briefsSale of Millet Mountain Group approved
Following a binding offer from Jean-Pierre Millet and Inspiring Sport Capital in December regarding the acquisition of the Millet Mountain Group, the French Calida Group has received final approval from the French Works Council and signed a definitive binding agreement to sell its outdoor division. The transaction is expected to ...
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News briefsElement Skateboards will be donating 1% of its global hardgood sales
Element Skateboards has announced it will donate one percent of all global hardgoods sales to 1% for the Planet. In a press release, the brand said, “At Element, we are not climate scientists. We are skateboarders, adventurers, creatives; a community of passionate people who care. We care about our planet, ...
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News briefsNew Sports Direct flagship store planned in Manchester
Frasers Group has announced plans to open a new Sports Direct flagship in the Arndale shopping center in Manchester city center. Sports Direct currently occupies 2,700 square meters on the lower first floor of the shopping center. Under a new 15-year lease, Sports Direct will move into the 5,440-square-meter space, ...
