All News briefs articles – Page 261
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News briefs
VF promotes Nina Flood to president of global packs
Source: VF Corp Nina Flood VF Corp. has appointed Nina Flood as president, global packs for Eastpak, JanSport and Kipling. She has most recently served as president of Eastpak, after a long career at two other VF brands, Nautica and Kipling. Flood joined VF in 2003 after ...
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News briefs
eBay buys Sneaker Con’s authentication business
On Nov. 24, eBay closed a deal to acquire the sneaker-authentication business of Sneaker Con Digital, which operates in the U.S., the U.K., Canada, Australia and Germany. Terms have not been disclosed. The companies have been collaborating since October 2020, with Sneaker Con providing a panel of experts to review ...
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News briefs
Casall grows by 21%
Casall Sport, the Swedish supplier of fitness clothing and equipment, grew by 21 percent to 267 million Swedish kronor (€26.0m-$29.4m) in the past financial year, ended on Sept. 30, leading to a fivefold increase in profits according to Sportfack. In June 2020, when Hanna Hedlund became the company’s CEO, Casall ...
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News briefs
Nike and others pay tribute to Virgil Abloh upon his death
Virgil Abloh, the visionary American fashion designer behind the nine-year-old Off-White brand of streetwear, died of cancer on Sunday Nov. 28, aged 41. While his collection consists mainly of clothing, including many sweatshirts and some jogging pants, Nike has been partnering since 2016 with Abloh on some special sneakers, with ...
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News briefs
A new COO for Boardriders
Boardriders has appointed Deborah Palmer Keiser as chief operating officer, according to Shop-Eat-Surf. Replacing Colin Smith, who served as COO on an interim basis, she will start her job at the company’s head office in California on Dec. 13. Keiser has been most recently the president of Timbuk2, the California-based ...
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News briefs
Peloton sues Lululemon
Peloton Interactive filed a lawsuit in a Manhattan federal court on Nov. 24 against Lululemon Athletica, a former partner with which it subsequently parted amicably. It appears that the American supplier of connected fitness equipment is seeking to head off a likely legal challenge from the Canadian-based sports apparel company, ...
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News briefs
On takes over the distribution in Spain
CMD Sport reports that On Running will take control of its business in Spain through its own subsidiary. The Swiss brand has officially announced the consensual termination of its business relationship with Siker Sport, which has been distributing On over the past seven years. As of Jan. 1, 2022, the ...
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News briefs
JD goes for a five-for-one stock split
With 100 percent of the votes cast in favor of a proposed resolution, a general shareholders’ meeting of JD Sports Fashion decided on Nov. 26 to divide each ordinary share of 0.25 pence into five ordinary shares of 0.05 pence. The 5,158,135,745 new shares, all with voting rights, will start ...
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News briefs
Rudholm Group acquires Euro Brand Management for sustainable packaging
The Rudholm Group (RH), a Swedish-based supplier of garment accessories, packaging and logistical services for apparel producers, has taken over Euro Brand Management (EBM), a Munich-based company specializing in sustainable packaging and supply chain management solutions in all the segments of the footwear market. Founded in 1951 by the eponymous ...
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News briefs
Pusu teams up with Spinnova for more sustainable skis
A five-year-old Finnish manufacturer of skis and snowboards, Pusu, has decided to partner with Spinnova, using its sustainable fibers to replace carbon and glass fiber as a durable, composite reinforcement material to go with wood. The company has already started pre-selling the first model of skis made with Spinnova for ...
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News briefs
Nike debuts virtual world on Roblox
In early September it was Vans. Now Nike has established a virtual world on Roblox, the virtual environment and platform for multi-player video games. In Nike’s case, however, the move could relate to a whole new business. As we reported in December of last year, the American sportswear giant has ...
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News briefs
New top manager and new ambitions for Footway
Indicating that it may develop into a marketplace for other retailers, the Swedish-based Footway Group announced the recruitment of a top manager from the H&M Group, Daniel Claesson, to serve as chief commercial officer, starting next Jan. 1. He acted most recently as chief product office at the H&M Group, ...
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News briefs
Kickz invests in NFTs via The Football Club
Kickz, the German sneaker and streetwear retailer, is planning a cooperation with a German startup, The Football Club (TFC), that specializes in NFTs. TFC, a Munich-based crypto-soccer-platform that is currently in beta test mode, claims to be the world’s first app-based provider of NFT games. Run by Ante Kristo, TFC ...
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News briefs
Growing Stadium group shelves sneaker store concept
The Stadium Group, the leading Swedish sporting goods retailer, reportedly opened a Sneakers Point store last May on Nordstan in Gothenburg, but it has already closed it, with no plans to develop further such a concept. According to a spokeperson, five other stores under this banner and a website have ...
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News briefs
A second logistics hub for growing Intersport France
Intersport France has launched the project for the establishment of a second logistics platform of 84,000 square meters in the area of Château-Renault in the Loire Valley, in collaboration with local authorities. Scheduled to go on stream in 2024, it would employ about 150 people at the start, growing to ...
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News briefs
French pioneer in snowboard bindings has passed away
Robert Emery, a French pioneer in the development and manufacturing of snowboard bindings, has passed away at the age of 68. He inherited a factory that was making camping accessories and other products from his father Roger in 1948. The eponymous firm, Emery; then developed a series of ski bindings ...
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News briefs
Nike cancels orders in the U.S.
A tweet circulated by Brendan Dunne of Complex, which reports mostly about sneakers, has raised new doubts about the Swoosh’s ability to service its retail clients in the U.S. due to the current supply chain disruption, sending down slightly Nike’s share price and that of some major U.S. retailers. Dunne ...
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News briefs
Nike settles with Skechers
Nike and Skechers have reached a settlement at undisclosed conditions of their long-standing legal battle, putting an end to three intellectual property lawsuits after the mediation of a judge for the Central District of California. The dispute started in January 2016, when Nike accused Skechers of using design elements of ...
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News briefs
A Nov. 30 webinar on the EU’s new norms on vendor/retailer relations
Two webinars will be held on Tuesday, Nov. 30 to discuss new strategic opportunities and trade complications for the sale of sporting goods in Europe as of June 2022, based on a new updated version of the European Union’s Vertical Block Exemption Regulation (VBER), which has been regulating vertical supply ...
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News briefs
Sprinter opens a first store outside Spain
Sprinter – the biggest and more techical sports retail banner within the Iberian Sports Retail Group (ISRG) – confirms that has opened its 173rd physical store and its first one outside of Spain. According to CMDsport, the Sprinter store is located at the Zuidplein mall in the Dutch port city ...
