All News briefs articles – Page 290
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News briefs
Kathmandu group issues a profit warning
The new Covid-related retail lockdowns in Australia have negatively affected the profitability of Kathmandu Holdings, whose assets include Rip Curl. Its guidance for the financial year ending July 31 has been reduced to underlying Ebitda of 120 million New Zealand dollars (€71.3m-$84.1m) on revenues of NZ$ 930 million (€552m-$651m), which ...
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News briefs
Omnichannel purchasing has become the norm in Spain
According to the “Estudio E-Commerce 2021,” a study put out by IAB Spain and Elogia, the distinction between e-tail and physical retail has blurred this year in Spain to the point of indifference for 58 percent of the country’s consumers. This is an increase of six percentage points from last ...
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News briefs
Titleist opens a European fitting center in England
Titleist has inaugurated a new Titleist Performance Center at the Woburn Golf Club in Bedfordshire, England. The center will serve as the brand’s new home for Tour Players’ support in Europe. The same custom-fitting and performance analysis equipment available to Tour professionals will be available to golfers of all levels, ...
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News briefs
Joma is the new kit supplier of Norwich City
Joma and the Norwich City Football Club have agreed on a new technical kit partnership deal. The financial terms and the length of the agreement, which replaces the club’s previous contract with Errea, have not been disclosed, although the club has described it as a “record-breaking sponsorship deal.” Joma will ...
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News briefs
Decathlon launches its marketplace in France
The international French-based sports retailer has finally rolled out its new online marketplace concept in its domestic market, acting in collaboration with a local developer, Mirakl. The items being offered on the French website can be filtered by supplier or brand name, by type of product, by sport and by ...
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News briefsAdidas appoints MD for Central Europe and VP of ‘Global Hype’
Adidas has promoted Marina Moguš from general manager of Eastern Europe to managing director of Central European operations. She will now have charge of the markets of Germany, Austria, Switzerland, Poland, the Czech Republic, Hungary, Slovakia, Lithuania, Latvia and Estonia. The company will in time be expanding her purview to ...
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News briefs
Bolivia's Pumapunku site inspires a line by Puma and Pronounce
Puma has teamed up with Pronounce, a designer brand with offices in Milan and Shanghai, on a debut collaborative collection of apparel, footwear and accessories inspired by Pumapunku, an ancient archaeological site in Bolivia. Pronounce was founded in 2016 by Yushan Li and Jun Zhou. The collaborative collection, which “combines ...
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News briefs
Ellesse partners with Patta to promote inclusivity in tennis
Ellesse has announced a three-year partnership with Patta, a global streetwear brand, which aims to change the perception of tennis, making it more accessible for everyone regardless of their socio-economic background. The partnership will kick off with a community-based tennis tournament in the U.K., called “City Slam,” on July 18. ...
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News briefs
MTS takes over the Crossboccia brand
After distributing the Crossboccia brand since 2009, MTS Sportartikel has taken over the global rights to the brand. Building on the basic idea of the old street games of boccia and boules, Crossboccia is played with soft balls made of robust fabric and filled with granules. Both companies are German. ...
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News briefs
FightCamp raises $90 million in a new funding round
FightCamp, the at-home training system for boxing and kickboxing, has raised $90 million from a long list of investors that also includes contributions from famous fighters like Mike Tyson, Floyd Mayweather Jr., Georges St-Pierre and Francis Ngannou. The funding round was led by two venture capital firms, New Enterprise Associates ...
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News briefs
Authentic Brands moves the Spyder license to Liberated Brands
Authentic Brands Group (ABG) has announced the transition of its core licenses for its ski-focused Spyder brand to Liberated Brands. Under the terms of the new long-term agreement, Liberated Brands will assume outerwear and apparel sourcing, product design, marketing, wholesale, e-commerce and retail store operations across the U.S., Canada, Australia, ...
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News briefs
Decathlon sends its first American athlete ambassadors to the Olympics
Decathlon has announced that two of its sponsored athletes, Jamal Hill (paralympic swimming) and Robyn Stevens (race walking), have qualified for the Tokyo Summer Olympics and will be the first Team USA athletes to represent the French brand at the Olympic Games. After being postponed due to the Covid-19 pandemic, ...
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News briefs
Oakley announces new partnership with the Korean Olympic Committee
Oakley has agreed on a new sponsorship agreement for sunglasses with the Korean Sport & Olympic Committee (KSOC). Oakley will provide sunglasses and goggles to the athletes of Team Korea participating in the Olympic Games and Asian Games through to the end of 2024. As part of the agreement, Oakley ...
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News briefs
Castore partners with Newcastle United
Castore has agreed on a new multi-year deal with Newcastle United as the new kit partner of the Premier League club. The British sportswear brand will replace Puma in this role from the 2021/22 season. As part of the agreement, Castore will also take over the club’s retail operations. This ...
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News briefs
Adidas sues Thom Browne
Adidas has filed a formal lawsuit in a New York federal court for copyright infringement against Thom Browne, according to The Fashion Law, charging that the New York-based menswear designer is “selling athletic-style apparel and footwear featuring two, three or four parallel stripes in a manner that is confusingly similar ...
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News briefsTNF to retire its Futurelight logo
The North Face plans to “phase out and discontinue” the logo it introduced in 2019 for its Futurelight line of apparel and accessories. In January, a graffiti artist in New York working under the name Futura filed a lawsuit in California Central District Court alleging that the VF-owned brand had ...
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News briefs
Nike partners with Fútbol Emotion for new football deal
The RCD Mallorca football club has signed a technical partnership contract with Nike for the next five seasons in connection with its return to the first division of the Spanish La Liga. The contract will be managed by Fútbol Emotion, following a business model similar to the one recently adopted ...
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News briefs
Peloton opens a store in Leipzig
Peloton Interactive continues to expand its presence at retail in Germany, one of the few foreign markets currently under its radar. It has opened its eighth German store in the city center of Leipzig, replacing a former pop-up area in the local department store of Breuninger. Located in the Specks ...
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News briefsA new Swiss chairman and CEO for Arena
A Swiss citizen, Peter Graschi, has been appointed as the new chairman and CEO of Arena by Capvis, the Swiss private equity firm that took over control of the Italian-based swimwear company in 2014. Starting on July 1, he has taken the place of Luca Selvatici, chairman and joint CEO, ...
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News briefs
Hoka One One strengthens its product team
Hoka One One has announced Evie Moe and Matt Rask as new senior members of its product team. Moe has been hired as the brand’s first senior director of apparel. Hoka’s apparel division was launched in March 2020, and it is growing rapidly. Most recently, Moe served as the vice-president ...
