All News briefs articles – Page 303
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News briefs
AAFA releases updated Restricted Substance List
The American Apparel & Footwear Association (AAFA) has released the 22nd edition of its Restricted Substance List (RSL), which lists banned or restricted chemicals and substances in finished apparel, footwear and home textile products around the world. The 22nd version of the RSL covers 12 categories with more than 250 ...
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News briefs
Peloton pushes software lock to Tread+
Peloton Interactive has followed through on its agreement with the CPSC to improve the safety of its treadmills by requiring users to unock the devices with a four-digit PIN, dubbed “Tread Lock,” after 45 seconds of inactivity. The feature is part of an automatic software upgrade that is being pushed ...
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News briefs
Shareholder suit against UA may proceed
Following Under Armour’s acceptance of a $9 million settlement with the Securities and Exchange Commission (SEC) earlier this month, Baltimore federal court judge Richard Bennett has ruled that a long-running consolidated shareholder suit against the company can go forward. The suit, which names the company and its former CEO Kevin ...
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News briefs
New Balance signs up Raheem Sterling
New Balance has announced a new multi-year sponsorship deal, on and off the pitch, with Raheem Sterling who will become a new global face of the brand. The 26-year-old football star, who plays for Manchester City and the England national team, will wear special New Balance Furon V6+ boots on ...
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News briefs
New Balance partners with Returnity on waste-free sampling solution
New Balance is providing schools and clubs across the U.S. with team uniforms, which require a robust sample shipment process. Returnity, a specialist in reusable packaging integration for brands and retailers, has developed reusable shipping packaging for the Team Sports initiative at New Balance, with the objective of creating an ...
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News briefs
Decathlon plans to introduce franchising in Switzerland
Decathlon is further expanding its activities in Switzerland, while introducing the concept of franchising in mountain areas. According to Swiss media reports, a first franchise store is to open in Valais in the winter of 2022. Decathlon also intends to generate further growth in its wholesale business. Since mid-2020, the ...
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News briefs
Surfrider Europe launches Green Sport program
The Surfrider Foundation is launching its Green Sports Hub Europe program. Over the past few years, the NGO has actively participated in sports-related projects to protect the ocean and its users. The launch of Green Sport represents the next step in Surfrider Europe’s mission to promote healthier environmental sporting practices. ...
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News briefs
Decathlon plans to expand further in Italy
Decathlon has plans for eight new stores in Italy by the end of the year, four of which have already been inaugurated. The new stores are located in Asti, Bologna, Lonato del Garda (Brescia), Ponte nelle Alpi (Belluno) Roma Ostiense, Taranto, Trapani and Venaria (Turin). The new openings, which also ...
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News briefs
Puma will remove mulesed wool by 2025
Puma has committed to stop using wool from mulesed sheep by 2025 at the latest, and will be working to source only from Responsible Wool Standard (RWS) certified wool suppliers by that date. The decision follows a campaign by the animal welfare organization Four Paws to ban mulesing of lambs. ...
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News briefs
Puma commits to make nine out of ten products with more sustainable materials by 2025
Puma has announced that by 2025, nine out of ten Puma products will be made with more sustainable materials. In 2020, the brand already achieved the milestone of sourcing 100 percent of the core materials used in its apparel and accessories (down, cotton, viscose etc.) from more sustainable sources. More ...
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News briefs
Puma develops a purely female motor racing suit
Puma has resumed its partnership with the W Series, the international single-seater motor racing championship for female drivers. The brand will tailor its racewear with a female-first design in 2021. Race suits for female racing drivers are traditionally redesigned versions of suits that were initially made for their male counterparts. ...
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News briefs
Puma partners with EVOS Esports
Puma has signed a product partnership deal with a Southeast Asian esports organization, EVOS Esports. The partnership will involve the release of an exclusive co-branded EVOS Esports Puma tracksuit that will be given to players representing the organization. In addition, both parties will launch a range of physical and virtual ...
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News briefs
Nike produces documentary for broadcast in the U.K.
To highlight Nike’s Play New platform, the Nike Creative Studio and the Wieden & Kennedy London agency have produced a 22-minute documentary that will be airing in excerpts during commercial breaks on Channel 4 and All 4 in the U.K. Titled New Heights, the film is about a “30-day challenge” ...
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News briefs
Skechers projects operating margins in the mid-teens
Skechers sees no structural impediment to reaching an operating margin in the mid-teens in the long term, compared with the 10 percent margin reached in 2019. The company told investors at a “Life After Covid” conference organized by Morgan Stanley that its centralized product development, management and marketing structure will ...
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News briefs
S&P maintains a negative outlook for Champion’s parent
Standard & Poor’s was only partially impressed by the presentation of Hanesbrands’ new business plan by its new CEO, Steve Bratspies. The rating agency maintained a negative outlook on the parent company of Champion, citing an “execution risk” for the three-year growth plan due to increased capital investment and marketing ...
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News briefs
Eleiko launches a superior liquid chalk for weightlifting
Eleiko, a leading Swedish supplier of weight lifting equipment, has partnered with another Swedish company, Disruptive Materials, to offer the Performance Liquid Chalk, a material that is said to provide an enhanced grip, with minimal residue, by absorbing twice the amount of moisture than other liquid chalks. Developed by Disruptive ...
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News briefs
Beachbody names a chief strategy officer
The Beachbody Company has announced the appointment of Kathy Vrabeck to the newly created role of chief strategy officer. Reporting to Carl Daikeler, co-founder, chairman and CEO of Beachbody, she will be responsible for prioritizing and driving strategic growth initiatives focused on department interaction, human capital allocation, M&A and integration, ...
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News briefs
Arc’teryx appoints Karl Aaker as brand vice president
Arc’teryx Equipment, the Canadian sports brand inherited by Anta Sports Products and other interests through their investment in Amer Sports in 2019, announced the appointment of Karl Aaker to the role of VP brand, effective immediately. In his new role, Aaker will be responsible for leading the global brand strategy, ...
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News briefsNepal in humanitarian crisis, donations needed
Source: Sherpa Adventure Gear Sherpa Adventure Gear’s teams in the U.K. and Germany are receiving dramatic reports from the brand’s home country, Nepal. Medical care in the country is already at a very modest level under “normal” circumstances, but now it is catastrophic, according to the news. ...
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News briefs
Rip Curl CEO steps up to lead Kathmandu Group
Kathmandu Holdings has appointed the CEO of the Rip Curl brand, Michael Daly, to head the whole group, which includes the Kathmandu, Rip Curl and Oboz brands. Daly replaces the former CEO and managing director, Xavier Simonet, who left the company on April 9 to take the helm at the ...
