All News briefs articles – Page 360
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News briefs
Glenmuir launches a special online platform
Glenmuir has launched a new online platform that is meant to simplify the buying process for golf professionals and retailers who wish to order club-crested clothing made by Glenmuir and its subsidiary Sunderland of Scotland. Described as being the first of its kind in the golf industry, the platform can ...
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News briefs
WFSGI webinar on product reviews for brand reputation
The World Federation of the Sporting Goods Industry (WFSGI) is organizing a webinar on Oct. 7 about the effect of online reviews on brand reputation. Schwalbe will show how it manages product ratings, reviews and Q&A sessions to learn from the customers’ feedback in order to enhance the brands’ reputation. ...
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News briefs
UA to control its EMEA sales from Amsterdam
Under Armour has announced plans to establish a “futuristic” digital hub at its European headquarters in Amsterdam to centralize sales operations and to improve the brand experience. The hub is to have a “combination of physical and digital attributes,” supporting in-person and remote selling. It will combine an “enhanced digital ...
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News briefs
Thule Group is changing its senior management
Thule Group is forming a new senior management team to take a “global approach” to its supply chain and product development, starting on Oct 1. The change comes with the announcement that Fred Clark, business area president for the Americas region, will be retiring in early 2021, as soon as ...
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News briefs
Hoka signs four-year extension of its deal with NAZ
Hoka One One has signed a four-year deal with the Northern Arizona (NAZ) Elite distance-running team. The deal, which takes effect on Jan. 1, will cover the members of the club and boost its “coaching resources,” enabling it to provide health insurance to the athletes for the first time. It ...
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News briefs
Liverpool coach becomes an Adidas ambassador
Just as Nike is starting to outfit the members of victorious Liverpool football team with its jerseys and cleats, Adidas has started a multi-year contract with the English club’s coach, Jürgen Klopp, to be one of its ambassadors, effective immediately. As he did before from 2016 with New Balance, the ...
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News briefs
Special status for Sport 2000 in Austria
Sport 2000 Österreich has been certified for the second time by PHP Sport Management as “Sport Leading Company” in its domestic market. The Austrian buying group, which reached a retail turnover of €579 million in 2019, claims a market share of 29 percent. It federates 240 retailers with 403 ...
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News briefs
Under Armour expands its restructuring plan
Under Armour is now planning to lay off a total of 600 employees, working primarily in its corporate offices around the world and representing around 9 percent of its total staff, as part of an expanded restructuring program involving pre-tax charges of between $550 million and $600 million to be ...
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News briefs
The Finnish biathlon team will wear Halti
Taking the place of Craft, its former sponsor, Halti has become the sponsor of the Finnish National Biathlon Team and the official supplier of clothing for the members of its men’s, women’s and junior teams under a new two-year contract that is expected to improve the brand’s international visibility because ...
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News briefs
Salvaged, Seafolly has a new CEO
Seafolly, the Australian swimwear and beachwear brand, has a new chief executive, Brendan Santamaria. The company came out of four months of voluntary bankruptcy proceedings at the beginning of August. Avoiding liquidation, it was rescued by its owner, L Catterton Asia, through a settlement under which it repaid in full ...
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News briefs
Fanatics acquires Top of the World from Vetta
Fanatics, the Florida-based provider of sports merchandise, is acquiring some of the assets of Vetta Brands, which is currently under liquidation. Chief among these assets is Top of the World, which, until the Covid-19 pandemic wiped out its business, had been manufacturing hats for hundreds of college sports brands at ...
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News briefs
Decathlon recalls Domyos exercise balls
Decathlon is recalling about 510 Swiss balls for exercising – model numbers 8529175, 8529176 and 8529177 – sold under the Domyos brand in the U.S. and through www.decathlon.com from February 2019 to March 2020. Decathlon USA knows of at least 26 cases worldwide – none in the U.S. – in ...
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News briefs
Fiske rejoins the industry as head of Marquee Brands
Marquee Brands, the parent company of Body Glove, Dakine and various fashion brands, has appointed Neil Fiske as its first chief executive. Sam Porat, managing director of Neuberger Berman, the investment company behind Marquee Brands, noted that Fiske is joining the group with “world-class multi-brand operational experience” and “a track ...
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News briefs
Helly Hansen overhauls its IT
Helly Hansen is overhauling its computer system to smooth operations, cut costs and come into compliance with regulations in various countries. The Norwegian sports apparel and gear producer is stringing together the Infor M3 enterprise resource platform (ERP), the Salesforce customer resource management (CRM) platform, the Front Systems point-of-sale system, ...
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News briefs
S&P downgrades Boardriders
Standard & Poor’s has downgraded the debt ratings for Boardriders in relation to a recent offering of $155 million intended to improve its liquidity position. The new offering includes $65 million worth of term loans contributed by the company’s major shareholder, Oaktree Capital Management, $45 million contributed by other existing ...
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News briefs
A single managing director for Derbystar
Andreas Filipovic, one of the two managing directors of Derbystar, has been dismissed from the German team sports company with immediate effect, without any reasons being given. The other managing director, Joachim Böhmer, will remain with the company, taking over Filipovic’s responsibilities in the areas of sales and sponsoring. Derbystar, ...
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News briefsApplications are open for Ispo Brandnew
ISPO Brandnew, the largest platform for sporting goods start-ups, is entering the next round, opening its application platform at ispo.com. The competition was launched 20 years ago and has since produced some high-profile winners including GoPro, Naish Kites, Maloja, Nixon and On Running. More than 400 products competed for the ...
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News briefs
100th redblue order show build up on its new virtual shows
Intersport Germany’s order show, called redblue, opened its doors on Sunday for the 100th time in Heilbronn. Six times a year, about 80 exhibitors and 600 to 800 retail members meet for 5 days per show to order the new collections. Despite the anniversary, the corona pandemic made it impossible ...
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News briefsArc’teryx launches virtual product advisor for consumers
If consumers can’t make it to a store, but have questions about Arc’teryx’ new product line for the autumn, they can now make an appointment online with the new Virtual Advisor. The Canadian brand claims that the 30-minute appointments, which are available worldwide but currently only in English, will help ...
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News briefs
Li & Fung appoints chief customer officer
Li & Fung of Hong Kong has appointed Deepika Rana to the new post of chief customer officer. A 17-year veteran of at the international sourcing group, Rana will retain the titles of president of supply chain solutions, president of the executive office, and executive vice president and country director ...
