All News briefs articles – Page 370
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News briefs
Puma appoints Paul Spencer as regional sales director Europe
Puma has announced that Paul Spencer is taking over the position of regional sales director for Europe with immediate effect. He succeeds Marek Drvota, who has left the company. The briton has been with Puma since 2007, where he started as a lifestyle sales manager. He became general manager for ...
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News briefs
Focusing on core brands, Pentland invests on sustainability and digitalization
Having completed a “strategic review,” Pentland Brands will be refocusing on its core brands: Speedo, Berghaus, Endura, Canterbury, Mitre, Ellesse, Kickers and SeaVees. To this end, it will “hibernate” the Boxfresh brand of men’s shoes and lay off about 350 employees from its headquarters in the U.K. According to Pentland ...
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News briefs
Titleist and Footjoy extend PGA partnership
Acushnet, the parent company of the Titleist and Footjoy golf brands, has extended its partnership with The Professional Golfers’ Association (PGA) for a further three-years until 2023. Both Titleist and FootJoy are principal partners of the PGA, and will continue to support the organization in several areas, including its Continuing ...
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News briefs
On and Federer unveil “The Roger”
On, the Swiss performance footwear brand specializing in running, has introduced its first collaborative sneaker with Roger Federer, the Swiss tennis champion who joined as an investor and a brand ambassador last November. “The Roger,” inspired by the tennis sneaker of the ‘70s, features an all-white color scheme, with white ...
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News briefs
JD Sports is Celtic’s new retail partner
The Celtic football club has named JD Sports as its “official retail partner.” The official kits and training wear products of the Glasgow-based professional football club, which plays in the Scottish Premiership, will be available across the globe in JD’s physical and online stores as well as in the club’s ...
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News briefs
A “green” credit agreement for Moncler
Moncler has signed a €400 million “green” credit agreement with Italy’s big Intesa Sanpaolo bank. The revolving credit line is meant to support its initiatives in the areas of environmental protection and corporate and social responsibility. It includes a rewarding mechanism linked to the actual achievement of certain environmental targets. ...
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News briefs
Nautilus to focus on home fitness
Nautilus has hired an investment banker, William Blair, as an adviser to find a buyer for its commercial Octane Fitness business. It bought Octane for $115 million in 2015 to broaden its range of fitness equipment for the clubs, while adding a line of higher-end elliptical machines for the home. ...
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News briefs
Shimano’s chairman emeritus has died
Yoshizo Shimano, chairman emeritus and former president of his family’s eponymous company, died of chronic heart failure on July 2. He was 85. He was the third son of Shimano’s founder, Shozaburo Shimano, and joined what was then called Shimano Industrial in 1958. Yoshizo Shimano will doubtless be remembered for ...
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News briefs
Shimano to handle its own distribution in Spain, Portugal
Shimano will be overhauling its business in Spain and Portugal on Jan.1 by establishing a subsidiary in the city of Alcobendas, in the autonomous community of Madrid. Shimano Iberia will in turn be establishing a business network of its own for the distribution, commercialization and sale of cycling components and ...
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News briefs
Showrooms hold show of their own in Madrid
About 30 sports brands with showrooms located in close proximity of the Tribeca de Alcobendas complex – in the Spanish city of Alcobendas, within the autonomous community of Madrid – have decided to organize a group show. Open Showroom Madrid, as they have called it, will be open to retail-industry ...
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News briefs
Pádel now has its own lobby
The Clúster Internacional del Pádel (CIP) is officially established as of this month as a global development platform for the Spanish version of paddle tennis, with its membership now open to any pádel-related raw-materials supplier, manufacturer, distributor, importer/exporter, retailer, service provider or club anywhere in the world. The CIP’s founding ...
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News briefs
Engelhorn cooperates with Rose Bike
Engelhorn, the big German sports and fashion retailer based in Mannheim, and Rose Bike, the German bike company, have signed a cooperation agreement. In August, both partners will open a Rose Bike shop-in-shop inside the bike department of Engelhorn Sports’ big store in Mannheim. Catering to a growing demand for ...
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News briefsMizuno launches a new energy-return footwear technology, Mizuno Enerzy
Mizuno is introducing Mizuno Enerzy, an innovative footwear technology that has been designed to deliver high energy return and enhanced softness. The purpose of the technology, which is the result of more than two years of development and testing, is to allow athletes to retain more of the energy that ...
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News briefs
Clim8 enters North America
Clim8, the French company founded in 2016, has announced its expansion into the North American market. Clim8 is the developer of an innovative, patented thermal management technology that has already been launched in collaboration with premium brands in Europe (Odlo, Ixon) and South Korea (K2 Korea). Having already established important ...
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News briefs
JD boosts its Iberian store count
According to CMDsport, JD Sports has managed to open three new stores on the Iberian Peninsula – in or around Malaga, Ceuta and Oporto – amid all the re-openings of the post-pandemic. The highlight of the British retail chain’s new stores was the one that opened on June 13 in ...
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News briefs
Saucony opens a store in Shanghai
Saucony has inaugurated a store in Shanghai, at Super Brand Mall, in collaboration with its local partner Xtep. The 122-year-old running shoe brand plans to open brick-and-mortar stores in other Chinese cities.
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News briefs
FISE Montpellier goes digital
FISE has announced the first web-only version of FISE Montpellier, its international action sports festival. The decision follows the cancelation of the 24th edition of the current event in France over health and safety measures related to the coronavirus. The e-Fise Montpellier by Honor webseries will be held from July ...
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News briefs
Two more Salomon stores in Germany
Salomon is opening new stores in Frankfurt and Cologne, indicating that they are based on an “epicenter strategy” to raise brand awareness and help local retail partners create synergies and increase sales. The stores will focus on road running, trail running, hiking and backpacking as well as general sportswear, skiwear ...
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News briefs
Decathlon and Sprinter grow in Spain
Decathlon has reported sales growth of 2.9 percent in Spain to €1,952 million, including VAT, for 2019. Sales over the internet went up by 17 percent to €136 million in the country. The number of stores increased by six to a total of 171. Meanwhile, after checking the public record, ...
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News briefs
Moody’s downgrades Boardriders’ debt
Moody’s has changed its outlook for Boardriders’ debt from stable to negative, considering the effects of Covid-19 in terms of temporary store closures and declines in discretionary consumer spending. With only $100 million in cash on its balance sheet and $15 million in credit availability as of May 20, the ...
