All News briefs articles – Page 368
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News briefs
Nike will stop sponsoring the AS Roma team
AS Roma announced that it had agreed with Nike on an early termination of their sponsorship agreement after the end of the 2019/20 season. Reports indicate that Under Armour may be in line to take Nike’s place, paying higher fees. “The early termination of the commercial agreement will allow AS ...
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News briefs
Decathlon Italy partners with Carrefour
Decathlon is further expanding its collaborations with grocery store chains across Europe as part of its plan to make its products available to shoppers in their everyday life. After partnering with Carrefour in Belgium earlier this year, Decathlon is now teaming up with Carrefour in Italy. Some roducts of the ...
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News briefs
New face masks regulations in the U.K. and France
The British government has requested that people wear face masks in stores as of July 24, and the French government is considering making masks mandatory in stores and all other public places by Aug. 1 at the latest. The British Retail Consortium has said that retailers should not be required ...
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News briefs
Wolverine hires its first VP of advanced concepts and innovation
Wolverine Worldwide has hired Barry McGeough to be its first vice president of advanced concepts and innovation, with a purview extending to all 12 of the company’s brands. He will be seeking out new technologies, materials and other advancements – 5G, augmented reality (AR), artificial intelligence (AI), etc. – for ...
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News briefs
McDavid develops face masks for athletes
McDavid, a company that specializes in sports medicine, recovery items and personal protection equipment for variety sports, has developed a face mask for athletes. Available in three sizes and various colors, its new re-usable Sport Face Mask is structured in three layers. An antimicrobial lining effectively blocks droplets and particles ...
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News briefs
Wilson promotes Joe Dudy to president
Wilson Sporting Goods has promoted Joe Dudy to president. Dudy has been acting leader of the brand since autumn 2019, when Michael Dowse left in connection with the closing of Anta Sports Products’ takeover of Wilson’s parent company, Amer Sports. He is taking the helm at Wilson as the brand ...
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News briefs
Germany’s RSG Group to acquire Gold’s Gym
According to SGB Media, RSG Group, Germany’s largest chain of gyms, has submitted a winning bid of $100 million to acquire Gold’s Gym, an American chain founded in 1965 in Venice Beach, California, well known for its role in the rise of bodybuilding. The original Gold’s Gym is a primary ...
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News briefs
Apple’s European tax victory may favor Nike’s case
Observers feel that the European Commission’s legal stance against Nike Europe over an alleged under-payment of taxes in the Netherlands has been weakened by a ruling by the General Court of European Court Justice that annulled its previous decision against Apple Corp. and the Irish government. The Commission had charged ...
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News briefs
Chillos to launch a slide model for Saucony’s Endorphin Collection
Back in April, Saucony introduced the Endorphin Collection, a range of running shoes that comprises the Speed and Shift models as well as the the brand’s “fastest shoe ever,” a carbon-plated racing flat called the Endorphin Pro. Now another brand owned by Wolverine Worldwide, Chaco Footwear, is releasing a limited-edition ...
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News briefs
Fesi is promoting European School Sport Day
The Federation of the European Sporting Goods Industry (Fesi) and the Moving Schools Alliance are working together to promote the European School Sport Day (ESSD), the main event of the #BeActive European Week of Sport. This year’s ESSD is scheduled for a requisite 120 minutes of activity (in several sessions, ...
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News briefs
Garmin partners with Surfline to provide watch-controlled surf video
Garmin has paired the release of two smartwatches – the Fenix 6 Solar and the Surf Edition of the Instinct Solar – with the inauguration of a partnership with Surfline Sessions of Huntington Beach, California. Garmin’s wearable devices measure wave count, top speed, distance surfed and total water time. The ...
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News briefs
Iconix puts itself up for sale
Iconix Brand Group said it will “broaden” the exploration of strategic alternatives for the company to include its possible sale, merger or other business combination. It is also considering a recapitalization. Ducera Parners has been retained as a financial advisor to work with its law firm, Deckert, in seeking new ...
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News briefs
Napapijri’s Circular Series obtains Cradle to Cradle Gold certification
Napapijri’s Circular Series of fully recyclable jackets has been recognized as Cradle to Cradle Certified Gold, the standard for safe, circular and responsible materials and products. In order to receive certification, products are assessed for environmental and social performance across five sustainability categories: material health, material re-use (achieved via either ...
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News briefs
Vittoria has a new Italian owner
The Vittoria Group, a leading producer of bicycle tires, has presented Wise Equity, a private equity fund based in Milan, as the company’s new owner, which is bring it back to its Italian roots. The group owns the Vittoria brand and markets third-party brands in some countries (Fox in Italy; ...
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News briefs
Yue Yuen's plants generated 19% less revenues in June
Yue Yuen Industrial reported a 10.6 percent drop to $724.6 in its turnover in June, as compared to the same month a year ago. The company pointed out that its retail segment, represented by Pou Sheng, saw its sales increase by about 3 percent to $314.4 million, which would imply ...
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News briefs
Google asked to make concessions to acquire Fitbit
Google has been told by the anti-trust authorities of the European Commission that they might endorse its proposed $2.1 billion acquisition of Fitbit, according to an exclusive Reuters report, as long as it pledges not to use the latter’s health and wellness data for its online advertising and search engine ...
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News briefs
Lululemon opens corner in a Munich department store
Lululemon has opened a shop-in-shop of 90 square meters in the urban sports section of Oberpollinger, the high-end department store in downtown Munich. It’s the first of the kind in Germany for Lululemon, which already has a store in Munich and eight others in the rest of the country.
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News briefs
Emil Iversen to race with One Way Sport
Fischer Sports has announced that Emil Iversen, the Norwegian cross-country ski champion who won two gold medals at last year’s World Cup in Seefeld, has adopted the new Premio SLG 20 ski racing poles of its One Way Sport subsidiary. The pole features a lighter carbon shaft than before.
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News briefs
Duca del Cosma appoints new global marketing director
Duca del Cosma, the international golf shoe brand owned by Frank van Wezel, has appointed Honorata Nel as its new global marketing director. Nel worked most recently for the New York Runners, the organizers of the annual New York City Marathon, where she served for five years as director of ...
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News briefs
Venum will replace Reebok as UFC apparel provider
Venum, a French manufacturer of clothing and accessories for combat sports, will replace Reebok as the new outfitting and apparel partner of the Ultimate Fighting Championship’s (UFC) mixed martial arts promotion starting in April 2021. The contract has been brokered by IMG. The financial terms of the deal have not ...
