All News briefs articles – Page 254
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News briefs
TheDrop.com hires a chief merchandising officer
TheDrop.com, a Las Vegas-based online lifestyle marketplace that targets Millennials and Gen Z, has hired Scott Keating to fill the new post of chief merchandising officer. He will be managing relations with the 300-odd brands and retail shops that sell through the company, including Nike, Roxy, Supreme and Volcom. .Keating ...
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News briefs
Moncler says some data were stolen in cyber attack
Moncler said that key data on the credit cards of its customers and other means of payment were not included among the data stolen in a cyber attack suffered a few weeks ago, as the company did not store such data on its systems. It admitted that other data on ...
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News briefsFormer Sport 2000 CEO joins a Dutch insole startup
Markus Hupach, who recently left as joint CEO of Sport 2000 in Germany, is joining the Dutch startup Arion based in Eindhoven as CEO, effective immediately. Arion’s 7-year-old parent, the sports tech company Ato-Gear, claims to be ushering in “a revolution in athletic footwear” with Arion, a digital software/insole solution ...
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News briefsPolygiene acquires another British antimicrobial additive business
Polygiene has entered into an agreement to acquire the SteriTouch business of Radical Materials, a U.K.-based company, founded in 2003, that is also operating with the product ranges Konduct, Scopic and Steritype. Its SteriTouch range consists primarily of antimicrobial additives for plastics, paints, coatings, silicone, rubber and textiles. The largest ...
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News briefsThe freeskier Chris Benchetler takes creative reins at Atomic
Source: Atomic Chris Benchetler Atomic announced the appointment of the long-time athlete, freeskier and artist Chris Benchetler, hailing from Mammoth Mountain, California, as its new creative director for freeride and freeski products, responsible for their visual design, creativity and styling. The announcement comes shortly after the launch ...
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News briefs
Urban Outfitters launches its own activewear line
According to media reports, the international Urban Outfitters chain is one of the retailers that has been cut off by Nike. The company has reacted with a launch of its own line of activewear styles for women, called Frans Sport. It consists of 40 styles, all made with recycled polyester ...
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News briefs
Puma starts its own voyage into the metaverse
Joining Nike, Adidas and Under Armour, which recently filed similar trademark applications, the Wild Cat filed its own applications with the U.S. Trademark Office on Jan. 11 to use the Puma mark in virtual content, indicating that it is planning its own journey into the fast-growing metaverse. Specifically, it wants ...
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News briefs
Stella International grows by 44.9%
A sales increase in consolidated revenues of 44.9 percent to $405.8 million in the fourth quarter of 2021 is expected to lead to an increase of 35.6 percent to around $1.5 billion for the full financial year, said Stella International, thanks to a continued recovery in orders for its shoe ...
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News briefs
JD to sponsor an e-sports team
JD Sports Fashion is the new sponsor of Excel Esports, whose team competes in tournaments for such video games as FIFA, Fortnite and League of Legends. JD is replacing BT Sport, a provider of pay-to-view sports on TV in the U.K. Terms have not been disclosed. Excel’s e-sports players will ...
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News briefs
Bogner and James Bond celebrate their partnership
Bogner and James Bond are celebrating their respective anniversaries as well as their long-standing and “bulletproof partnership” with a joint, limited-edition capsule collection of sportswear that will come out in the autumn of 2022. While the James Bond franchise is celebrating its 60th anniversary since the release of the first ...
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News briefs
Many ski brands show in the Netherlands
Many leading snow sports brands are participating in the “Winter Hardware Days” being organized at the Sports Business Center at Leusden for the Dutch market on Jan. 24 and 25, filling the gap left from the postponement of ISPO Munich to the end of November. Buyers are being asked to ...
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News briefs
Ellesse to sponsor electronic-music festival
Ellesse has signed a three-year contract to sponsor Tomorrowland Winter, a festival of electronic music in the French Alps. This year’s edition – the second one, after the inaugural one in 2019 – is scheduled for March 19-26 at the Alpe D’Huez resort and expects to draw 18,000 people from ...
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News briefs
European app logs post-pandemic surge in walking
In 2021, with the easing of pandemic restrictions, Europeans emerged from their houses to walk – or so says WeWard, which has been producing and operating a walking app since 2019. The company’s study of data collected for 2020 and 2021 – as generated by some 4.5 million app users ...
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News briefs
Moody’s switches Nike’s outlook to stable from negative
Moody’s improved its outlook for Nike’s debt from “negative” to “stable,” due to its recent strong growth in revenues and earnings, “powered by its successful execution of its Consumer Direct Acceleration strategy.” The rating agency confirmed all other ratings for the company, including an A1 senior unsecured debt rating, pointing ...
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News briefs
Nasdaq downgrades Peloton
The Nasdaq stock exchange said it will take Peloton Interactive out of its prime Nasdaq 100 Index on Jan. 24, when it will be replaced by a trucking company. The change follows a drop of 74 percent in the company’s stock market capitalization in the course of 2021. It closed ...
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News briefs
PureGym enters the U.S. market
PureGym, the U.K.-based operator of affordable fitness clubs, has opened its first gym in the U.S., located in Tysons Corner, Virginia. It will be followed by two others shortly in Springfield, Virginia and Elkridge, Maryland. Franchising is a possibility going forward. Memberships start at $9.99, with no long-term contractual obligations. ...
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News briefs
Nike links up with China's Pou Sheng for customer memberships
Nike will link consumer membership data with Pou Sheng, the Chinese retailer owned by Yue Yuen, which operates Nike stores in more than 300 cities, serving about 150 customers each year. In an arrangement that resembles Nike’s recent member sharing deal with Dick’s Sporting Goods, the biggest sports retailer in ...
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News briefs
IMG veteran joins Fanatics for its international development
Fanatics has appointed Matthew Primack as senior vice president of international development. Based in London, he will responsible for the acquisition of new rights, reporting to Gary Gertzog, Fanatics’ president of business affairs. Primack has been work for IMG Licensing for 14 years, most recently as senior vice president, providing ...
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News briefs
Covid cut Messe München’s revenues by €400m in 2020 and 2021
Messe München, the organizer of the ISPO trade shows, says it lost about €400 million in revenues over the past two years because of the Covid pandemic, but it is optimistic about this year, which will see 54 directly managed events being held inside and outside Germany, particularly in the ...
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News briefs
SMS comments on UK Active’s report on “social prescribing”
A new report by UK Active has called for an expansion of sports participation to reduce pressure on the National Health System (NHS) of the U.K. The report, sponsored by Matrix, discusses the role of “social prescribing” in the fitness and leisure sector. In the U.K., social prescribing is a ...
