All News briefs articles – Page 3

  • Logo 361
    News briefs

    361 Degrees' profit increases by 29 percent in 2023

    2024-03-18T06:56:00Z

    Bolstered by nearly 36 percent sales growth for its kids’ business, 361° realized 21 percent annual sales growth last year to 8,423.3 million yuan renminbi (€1.07bn) from RMB6,960.8 million. Annual operating income improved by 29 percent to RMB 1,383.5 million (€176.5m). The FY23 profit attributable to shareholders rose 29 percent ...

  • 360Padel
    News briefs

    360 Padel Group hires CEO

    2024-03-17T09:12:00Z

    360 Padel Group has hired Sascha Beyer as its CEO, as we have learned from CMDsport and confirmed on the blog of one of the group’s divisions, Padel Nuestro. Beyer served as Tennis-Point’s Managing Director from 2016 to 2023 and its CEO for North America from 2021 to 2023, leading ...

  • revo-logo-vector
    News briefs

    Revo opens flagship store in Manhattan’s SoHo district

    2024-03-15T16:23:00Z

    Source: Revo New Revo sunglass store in the heart of Manhattan’s SoHo district Revo, the performance sunglass brand, announced the grand opening of its inaugural brick-and-mortar retail store in Manhattan’s SoHo district. Situated at 436 West Broadway, a bustling shopping hub, the store promises a unique and ...

  • vans logo
    News briefs

    Vans' Product Chief departs

    2024-03-15T15:43:00Z

    Marissa Pardini, Vans’ Chief Product and Merchandising Officer, has announced her departure from the brand by the end of March. This follows a series of turnovers within VF Corp. Pardini, who joined Vans in December 2022 after a decade with the company and a stint at sister brand The North ...

  • Smith_Logo_Primary_Final
    News briefs

    ​Smith with new sales team for German market

    2024-03-15T08:26:00Z

    After a long-standing and successful sales partnership with three agencies in Germany, eyewear and helmet specialist Smith, part of Safilo Group, is opening the next chapter for the brand in the German market. Therefore, the brand has welcomed Michael Horstmann and Florian Krach to its sales force. A particularly strong ...

  • alibaba-logo-elements
    News briefs

    Big in South Korea? Alibaba plans to invest $1.1bn

    2024-03-14T09:46:00Z

    Alibaba Group is set to inject $1.1 billion into South Korea over the next three years, according to a business strategy document cited by South Korean news agency Yonhap on Thursday. The investment aims to establish a logistics center and bolster business operations in the region. Reportedly, the Chinese e-commerce ...

  • Adidas-Mexico
    News briefs

    See all Adidas kits for Copa America

    2024-03-14T09:19:00Z

    Adidas has revealed the latest lineup of technical performance kits for five football teams ahead of Copa America. Today marks the unveiling of the home and away jerseys for Argentina, Chile, Colombia, Mexico, and Peru, offering fans and players a glimpse of the attire they’ll don this summer. This release ...

  • Under Armour
    News briefs

    Change again at Under Armour's helm

    2024-03-14T06:42:00Z

    Under Armour (UA) founder Kevin Plank, the current Executive Chair of the Board, is set to again become President and CEO of the Baltimore, Maryland company on April 1. At the same time, Dr. Mohamed A. El-Erian, an independent UA director since 2018 and lead director since 2020, will become ...

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    News briefs

    Asics EMEA introduces a young exercise influencer team

    2024-03-13T16:31:00Z

    Asics has announced the launch of what it claims is “the world’s youngest exercise influencer team.” Asics “Little Reminders” is a group of seven and eight-year-olds from across the UK who are on a mission to remind adults to exercise for how it makes them feel, not how it makes ...

  • autry-1
    News briefs

    Style Capital buys majority stake in Autry

    2024-03-13T16:29:00Z

    Milan-based private equity investor Style Capital is buying Autry International, the owner of the Italian sneakers brand Autry, from Made in Italy Fund. The financial details of the transaction were not disclosed. Style Capital will buy a 50.2 percent stake, while the Doro family, the brand’s founders, will retain a ...

  • French-olympics-
    News briefs

    French Olympic team collaborates with Le Coq Sportif

    2024-03-13T14:47:00Z

    As the Olympic Games approach Paris this summer, the French national team is gearing up with a touch of Parisian flair. Stéphane Ashpool, the founder and designer of Pigalle, a streetwear label, has been tapped to elevate the athletes’ attire. Teaming up with French sportswear label Le ...

  • kappa-logo
    News briefs

    Kappa sponsors platform for women’s football

    2024-03-13T12:34:00Z

    The sports-apparel brand Kappa, we learn from Diffusion Sport, has become the technical sponsor of WomanGoal, which describes itself as the “first international platform created to promote women’s soccer” and as specializing in “talent recruitment, training, asset creation and business building for women’s soccer at a global level.” WomanGoal seeks ...

  • Starvie
    News briefs

    Spanish pádel brand to give factory tours

    2024-03-12T14:12:00Z

    StarVie is opening its factory to public tours, according to TradeSport. The factory is located in Azuqueca de Henares, Spain, and purported to be the largest of its kind in Europe. Visitors will be able to see the full production line, from design to finished product, and then test racquets ...

  • tecnica-group-sede2020
    News briefs

    Tecnica Group confirms previous year's record results

    2024-03-12T14:11:00Z

    Tecnica Group sustained its strong performance through a market and product diversification strategy amidst post-pandemic challenges. Despite prevailing uncertainties, the group showcased resilience in 2023, maintaining its growth trajectory initiated in 2020, which saw double-digit expansion in 2021 and 2022. The fiscal year 2023 concluded with sales totaling €540 million ...

  • PGA Tour
    News briefs

    Famous non-golfers among PGA Tour Enterprises’ investors

    2024-03-12T12:46:00Z

    As we have been reporting, the PGA Tour struck a deal with the consortium known as Strategic Sports Group (SSG) to found PGA Tour Enterprises in January and disclosed the member of the venture’s board of directors earlier this month. The PGA Tour has now confirmed a piece in the ...

  • JD Sports Fashion
    News briefs

    JD Sports’ Dutch retailers Perry Sport, Aktiesport, Sprinter now closing

    2024-03-12T12:46:00Z

    Closing its final lot of Dutch retailers, JD Sports’ Perry Sport, Aktiesport and Sprinter stores will shutter on Tuesday. Curator Kees van de Meent confirmed to De Telegraaf the closure of the last six branches, operated under JD’s subsidiary Sports Unlimited Retail, which went bankrupt in 2023. While the British ...

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    News briefs

    Real Madrid and Y-3 unveil travel collection collaboration

    2024-03-11T17:46:00Z

    Continuing their partnership, Y-3 and Real Madrid have unveiled a new travel collection for 2022. This collaboration, following Real Madrid’s 120th-anniversary celebration with a special kit, presents a seven-piece ensemble curated by Yohji Yamamoto. The collection, drawing inspiration from the monochromatic aesthetics shared by both brands, features a range of ...

  • gaastra_international_sportswear_logo
    News briefs

    Gaastra to cease operations for the second time in 3 years

    2024-03-11T17:46:00Z

    Following the insolvency filing of the Unlimited Footwear Group (UFG), best known for producing shoes for brands such as Levi’s, Björn Borg and Gap, in early March, it became known that the Gaastra brand, which only celebrated its relaunch under UFG in 2022 after the insolvency of its previous owner, ...

  • Björn Borg
    News briefs

    Björn Borg takes full control of footwear line

    2024-03-11T15:08:00Z

    Björn Borg announces its decision to seize full control over the design, development, and distribution of its shoe line across all markets. This strategic move follows Serve & Volley’s reorganization, prompting Björn Borg to take the reins of its footwear destiny. CEO Henrik Bunge expresses the company’s forward-looking vision, stating: ...

  • tingey-injury-law-firm-DZpc4UY8ZtY-unsplash
    News briefs

    US SEC accuses Skechers of payments to executives’ family members

    2024-03-11T09:52:00Z

    On March 7, the US Securities and Exchange Commission (SEC) said that California-based Skechers USA Inc. agreed to pay a $1.25 million civil penalty to settle charges for failing to disclose payments for the benefit of its executives and their immediate family members. According to the US regulator, from ...