All News briefs articles – Page 251
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News briefsAnta Sports and Li Ning shares benefit from the Beijing Games
With the start of the Olympic Games in Beijing, the share prices of Chinese sports companies Anta Sports and Li Ning have risen, each by almost five percent in recent days. Analysts attribute this to a positive mood among the population due to the Games. The value of one Anta ...
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News briefsDecathlon Germany tests CO2-friendly same-day delivery
The sporting goods retailer and manufacturer Decathlon is testing the expansion of sustainable services in Germany. In Munich, a pilot project has been set up in collaboration with Glocally, a logistics company founded in 2021 by three students at the Technical University of Munich. The company focuses on a sustainable ...
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News briefsBodytone may have equaled its record year
According to CMDsport, Bodytone International Group appears to have equaled in 2021 its record annual sales of 2020, which amounted to €28.5 million. And the Spanish producer of fitness equipment is looking forward to an even better 2022. Speaking with CMDsport, one of Bodytone’s two CEOs, Joaquín Marín, projected a ...
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News briefsAsics invests in video-analysis start-up
Asics, through its subsidiary Asics Ventures Corp. of Kobe, Japan, has purchased a stake in Run.Edge Limited, a start-up that was spun off from Fujitsu Limited in June 2018 and produces applications for real-time sports video analysis. Among its applications are Fl-ux, Pitchbase and Taguru. Fl-ux is in use by ...
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News briefsFIBO 2022 holds on to April event in Cologne
The organizers of FIBO are committed to a return to normality in 2022. After a two-year absence, the global fitness show is to return as a physical show on April 7-10 in Cologne, Germany, with” the best possible health and safety protection for all attendees,” Koelnmesse says. One day before ...
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News briefs
Superkicks with 4th brick-and-mortar store in India
Indian online sneaker retailer Superkicks opened its fourth brick-and-mortar store in Guwahati in the country’s northeast on Feb. 5. To test the market, which the retailer says has already been very profitable for its online business in the past, Superkicks opened an 80-square-meter pop-up store for a six-month period. ...
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News briefsAre Amazon and Nike interested in Peloton?
We recently reported that an activist investor in Peloton had called on the board to fire the CEO and explore a sale of the company, whose share price had fallen dramatically due to declining demand for its connected fitness solutions. Now Peloton’s share price has risen by just over a ...
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News briefs
Helmet company Kask takes over footwear company Vogel
Kask, an Italian company founded in 2004 specialized in sports and work helmets, announced the acquisition of Vogel, a Manhattan-based maker of riding boots and other footwear since 1879. The purchase is part of Kask’s strategy of increasing its presence in the fashion business while remaining an established company in ...
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News briefsMistral acquired by Dutch investor
The surf brand Mistral has been acquired by the Dutch investment company Nederlands MerkGoed (NMG) from Haarlem. Nothing was disclosed about the takeover price. Mistral was the first European windsurfing brand, founded in 1976. Mistral’s portfolio currently includes windsurfing equipment, SUPs and apparel. The company generated sales of €80 million ...
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News briefsOn outfits Swiss Olympians – and bobsledders – in Beijing
After the Olympic Games in the summer of 2021, On, the Swiss sports shoe manufacturer traded on the New York Stock Exchange, is now also equipping the Swiss Olympic team in Beijing. For Tokyo 2021, On started supplying the entire Swiss team with apparel and footwear. In Beijing, the company ...
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News briefsSeventh Absolute Run store opened
Sport 2000 reports that the seventh Absolute Run store opened on Feb. 4 in Germany. The owner of the store, which has been existing as “Laufsport Andreas” since 2006 in the city of Minden in North Rhine-Westphalia (80,000 inhabitants), is Petra Benecke, who has now reopened her store as “Absolute ...
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News briefsWithings acquires health and fitness app 8fit
Withings, a French electronics company with offices in the U.S. and Hong Kong and focusing on at-home connected health, announced the acquisition of 8fit, a global health, fitness and wellness app with more than 40 million downloads, launched in Berlin in 2014. Available in six languages, 8fit provides its users ...
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News briefs
Puma to release collection with Minecraft
Puma is releasing a streetwear collection co-branded with Minecraft, the video game produced by Mojang Studios, a division of Xbox Game Studios, itself owned by Microsoft.The Puma x Minecraft range will include T-shirts, hoodies, trousers and Puma’s Suede shoe, all sized for both children and adults. It is due for ...
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News briefs
Ellesse releases a collection with a Netflix show
Ellesse has released an apparel collection co-branded with Cobra Kai, the Netflix show that serves as a sequel to the old Karate Kid movies. The collection’s hoodies, sweatshirts, T-shirts, track tops and track pants sport the colors, catchphrases and logos of the show’s two rival karate dojos, Cobra Kai and ...
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News briefs
Varlion finds a distributor in Sweden
Varlion, the Spanish producer of pádel racquets, has opted not to set up a branch office in Sweden and entrust its distribution there to Active Brands Group. According to founder Felix Regalia, who spoke with the Swedish trade publication SportFack, the accompanying marketing plan is simple: argue that Varlion’s products ...
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News briefs
Kappa has not been doing well in China
China Dongxiang struggled with the Kappa brand, for which it holds the rights in China, during the third quarter ended Dec. 31. The company indicated that retail revenues at Kappa and Kappa Kids stores in China declined by the mid-teens during the period, and that they were off by a ...
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News briefs
Performance shares for Accell’s new supply chain leader
Accell Group, which was recently notified about an intended, indirect takeover offer from Pon Holdings, has announced that Francesca Gamboni, who started on Feb. 1 as chief supply chain officer of the company, has been granted 10,000 conditional performance shares in the group, subjected to her continued employment three years ...
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News briefs
Nike suspends football player on allegations of sexual assault
Nike has suspended the four-year sponsorship contract it had signed a year ago with Mason Greenwood, the 20-year-old Manchester United striker who was arrested last Sunday on suspicion of raping a woman, based on videos posted on social media. The local police is also suspecting that he was threatening to ...
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News briefsMeta partners with NFL for social-media avatars
Meta, the owner of Facebook, has introduced a number of aesthetic options for 3D avatars on Facebook, Messenger, Instagram Stories and direct messages (DMs) for users in North America and elsewhere. From now to Feb. 28, for instance, they can dress their avatar in the colors of the Cincinnati Bengals ...
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News briefs
UA seeks to help youths engage in sport
Under Armour is making a “new, long-term commitment” to help more youths take part in sport. The company will be focusing on three areas: Pathways: Increasing opportunities for young people to engage in organized, structured, and competitive sports programming. People: Bringing together coaches, organizations, and community stakeholders to help ...
