All News briefs articles – Page 253
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News briefs
Reebok may lay off 150 people
Reebok is planning to lay off 150 people after the completion of its sale by Adidas to the Authentic Brands Group (ABG) in the course of the first quarter of this year, according to the Boston Globe and Footwear News. The brand employs some 4,000 people around the world, but ...
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News briefs
A new boss for Euretco Sport
On Feb. 1, Olaf de Boer will become the new general manager of Euretco Sport, taking the place of Jan Willem Juffer, who is taking a new position as CEO of ANWB Retail. Euretco Sport is the Dutch franchisee for Intersport and The Athlete’s Foot, and it runs the Runnersworld ...
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News briefs
Babolat pádel racquet wins readers’ poll
Babolat’s Air Viper has won best pádel racquet of 2021 in Padel Spain magazine’s annual readers’ poll, with about 150,000 people voting online. Babolat says it developed its oversized Air Viper line through the observation of pádel play and a technical study. The company believes that there exist three pádel ...
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News briefs
Hugo Boss returns to winter sports
Like Ellesse and Prada, Hugo Boss is returning to the skiwear segment under its new management and with its new and bolder logo for the Boss brand. It has started a new four-year partnership as the official partner of the Hahnenkamm Races, one of the most prestigious events in the ...
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News briefsGore fabrics get Global Recycled Standard certification
The Gore fabrics division, part of W.L. Gore & Associates, has achieved full compliance with the Global Recycled Standard (GRS) certification for its production sites in Germany and China. GRS is an international, voluntary product standard (issued by the nonprofit organization Textile Exchange) that sets requirements for the certification of ...
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News briefsIsbjörn of Sweden may change ownership
Online Brands Nordic, a Swedish investment group, is bidding to acquire Nordic KidsWear, which owns Isbjörn of Sweden, the Swedish brand of sustainable children’s outdoor and ski clothing. It is offering a cash payment of about 17.9 million Swedish kronor (€1.71m-$1.92m), the issuance of 597,165 shares in Online Brands, ...
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News briefs
Investor calls for Peloton to be sold and its boss to be fired
An activist investor in Peloton Interactive is calling on its board of directors to dismiss its CEO and co-founder, John Foley, and to explore a sale of the company, whose share price has declined drastically due to falling demand for its products and connected fitness solutions. Blackwells Capital, which holds ...
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News briefs
Gorilla Sports gains foothold in Spain
Gorilla Sports has found a local investor to help it set up a shop in Spain. The German home fitness equipment company is establishing a subsidiary, to be led by Guillem Boix, in Fontcoberta, a city in the Catalonian province of Girona. Offices and warehouse together will occupy about 1,000 ...
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News briefsBike24 launches online shops in Italy and France
As part of its international expansion, Bike24, a German-based e-commerce bike platform listed on the stock exchange since mid-2021, has launched country-specific webshops in France and Italy, two major European cycling nations. It previously made a similar move in Spain, more than doubling its sales in the country. The company ...
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News briefsFrance is Inov-8’s newest direct market
Source: Inov-8 Emmanuel Fedon The U.K.-based running, hiking and fitness brand Inov-8 has added France to its portfolio of European direct markets, led by Emmanuel Fedon as sales manager. Fedon lives in Annecy and brings two decades of sports industry experience to the role. He previously worked ...
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News briefsAdidas sets tennis court afloat off Great Barrier Reef
Adidas and Parley for the Oceans have constructed a tennis court out of recycled ocean plastic and set it afloat, in time for the Australian Open, within Australia’s Great Barrier Reef marine park. The court does not itself float but is set atop one of the park authority’s barges. It ...
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News briefs
Koch is pushing Sting box gloves in Europe
Franz Koch, a German entrepreneur who has spent some 35 years in the sporting goods industry, is taking on the distribution in Europe of Sting, an Australian brand of boxing gloves and other products. He will also help a Taiwanese fitness equipment manufacturer, GooHoo, to grow in the region. Founded ...
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News briefs
Sporting goods retailers hit by the unrest in Kazakhstan
Sportmaster and other retailers in Kazakhstan suffered losses of around 25 billion tenges (€50.5m -$57m) from marauders as part of the recent civil unrest in the country, the Union of Trade Networks of Kazakhstan said in a statement on its website, adding that this data is preliminary. The National Chamber ...
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News briefs
U.S. Congress seeks reassurances from the IOC over Xinjiang
On Jan. 12, the U.S. Congressional Executive Commission on China (CECC) sent a letter to the president of the International Olympic Committee (IOC), Thomas Bach, inquiring about contracts for the acquisition of Olympic uniforms, as the suppliers, Anta and Hengyanxiang (HYX), have publicly acknowledged that they use cotton from the ...
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News briefs
Macron replaces Canterbury as sponsor of World Rugby
Macron has announced a new technical partnership with World Rugby, taking over a contract that had been signed by the global governing body with Canterbury in 2018. The Italian teamwear company, which already sponsors many of the 128 national federations that belong to World Rugby, will provide the technical apparel ...
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News briefs
Puma hires a new country manager for Benelux
As of March 1, 2022, Gerwin Willemsen will be Puma’s country manager for Benelux, in charge of sales, marketing and operations. He will be taking over from Bas van den Bemt. Willemsen has been with Adidas Benelux for the past 12 years or so, most recently as sales director for ...
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News briefs
Boardriders appoints new head of retail
Boardriders has promoted Andrew Henry to head of retail in Europe, the Middle East and Africa (EMEA) for all its brands – Quiksilver, Boardriders, Element, Roxy, RVCA and DC Shoes. Henry is now in charge of 13 Boardriders stores, the 35 European outlets, and several stores and concessions for the ...
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News briefs
Nike, Columbia to begin firing unvaxxed employees
According to Oregonlive, which covers the sportswear giant’s home state of Oregon, Nike was set on Jan. 15 to begin firing employees who were not, by the current definition, vaccinated against Covid-19 and had not received a religious or medical exemption. According to the same source, Columbia Sportswear, also headquartered ...
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News briefs
Puma grew by 14% in Q4 and by 32% in 2021
In a preliminary statement, Puma reports a currency-adjusted sales increase of about 14 percent to €1,767 million in the fourth quarter of 2021, leading to an improved operating profit of €65 million for the period, up from €63 million in the corresponding quarter of 2020. The results were achieved in ...
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News briefs
New president and CEO for Ecco USA
Ecco has appointed Tom Berry as president and CEO of Ecco USA, effective immediately. After more than 20 years with the Danish footwear brand, the former president, Dave Quel, had announced his retirement last summer, and Klaus Flock, the chief financial officer of the subsidiary, serving as interim president since ...
