All News briefs articles – Page 375
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News briefs
More anti-virus technology
Graphene Composites (GC) and G-Form have joined forces in the development and distribution of a virus-killing ink that can be used to pre-treat both medical equipment and athletic apparel or footwear. Utilizing an innovative technology from GC, G-Form medical protective equipment and athletic gear/apparel will be pre-treated with a GC ...
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News briefs
Tecnica donates for Covid-19 aid
In the U.S., Tecnica said that it will donate $10 on every pair of shoes sold in the country between June 10 and July 31 to the Covid-19 Crisis Relief Fund of the Two Ten Footwear Foundation. The fund aids employees in the footwear sector, particularly store employees, and their ...
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News briefs
Adidas will hold a virtual AGM
The supervisory board of the Adidas Group has decided to hold its annual general meeting in a purely virtual format on Aug. 11, using a dedicated portal on the group’s website, www.adidas-group.com/agm. Shareholders of record who have registered for the AGM will be able to submit questions on the portal ...
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News briefs
Zumiez has weathered the corona crisis relatively well
Zumiez has reported a 35.3 percent dip in its global sales for the first quarter ended on May 2, but indicated that the rate of decline has slowed in subsequent weeks. On May 2, only 9 percent of its 719 stores in North America, Europe and Australia were open. By ...
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News briefs
Nike signs a female football player from Norway
Nike has signed a 10-year endorsement deal with Ada Hegerberg, a striker for the French Olympique Lyonnais football club. AFP, the French news agency, reports that the deal is worth more than €1 million, whereas Forbes reports that Hegerberg will be receiving a six-figure annual fee. The 24-year-old Norwegian was ...
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News briefsRose Marcario leaves as CEO of Patagonia
Rose Marcario is stepping down as chief executive of Patagonia on June 12, after 12 years with the company, the last six as CEO. She joined Patagonia as chief financial officer in 2008 after spending 15 years in private equity. Patagonia’s chief operating officer, Doug Freeman, will take her place ...
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News briefs
Ultimate Nordic acquires Altra’s distributor
Ultimate Nordic is taking over Getvital Sports, adding Altra running shoes and Injinji socks and technical running equipment to its portfolio of sports and outdoor products, which also includes Buff, Stanley, LedLenser and Soto. Ultimate Nordic is a Norwegian distributor, formerly called Trygve Alm. Established in 1928, it is a ...
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News briefs
The Swiss love sports
According to a new study by the Federal Office of Sport, the number of Swiss residents aged 15 or older who never participate in physical activity is down to 16 percent, one of the lowest percentages in Europe. Only Finland and Sweden can boast a better performance, with rates of ...
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News briefs
A $100 million donation to fight racism by Jordan and the Jordan brand
Michael Jordan and the Jordan brand, which is part of Nike, have jointly announced a donation of $100 million over the next ten years to organizations dedicated to promoting racial equality, social justice and greater access to education. The announcement comes after a week of nationwide anti-racism protests across the ...
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News briefs
Aldi launches climate-neutral sneaker
The German food discounter Aldi Süd has developed a climate-neutral sneaker under its own brand, Crane Pure, which will be on sale from June 10. The sneaker is made partly from recycled PET bottles, and the CO² emissions caused by production, transport and distribution are offset by a certified climate ...
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News briefs
Amazon in talks to become Flamengo’s main jersey sponsor
Amazon may become the main jersey sponsor of Flamengo, taking the place of a local bank, Banco BS. The Brazilian football club, based in Rio de Janeiro, and Amazon are reportedly negotiating the deal, which could be announced over the next few weeks. Adidas is still the technical sponsor of ...
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News briefs
Dielmann files for insolvency proceedings under self-administration
Dielmann, a German retailer with 48 footwear and sporting goods stores operating under such banners as Schuhhaus Dielmann and Sporthaus Robert Hübner, filed for insolvency proceedings on June 4. The local court of Darmstadt opened the proceedings under self-administration on June 8. The coronavirus is seen as having been an ...
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News briefs
Globetrotter moves into SportScheck store in Berlin
Globetrotter, the German outdoor retail chain that is part of the Fenix Outdoor group, will move into SportScheck’s 10-year-old store in Berlin-Steglitz, which is scheduled to closed on July 20. Decathlon has a store that is located opposite to the new Globetrotter store, on the premises of a former SportScheck ...
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News briefs
Stephan Fanderl leaves Galeria
Stephan Fanderl is said to be leaving the position of chief executive of Galeria Karstadt Kaufhof (Galeria), the holding company formed in 2018 from the merger of the Galeria Kaufhof and Karstadt department stores. He has suggested a consensual separation to the Austrian-based Signa Retail Group, parent company of Galeria, ...
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News briefs
Joma to reward the pandemic’s anonymous athletes
In tribute to those who have either undertaken or continued to practice a sport during the Covid-19 pandemic, Joma and the Portuguese Olympic Committee (COP) have established a “national team of anonymous athletes.” By continuing down the road they’re already on, these ordinary citizens can register to receive either technical ...
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News briefs
Madrid to cover half the cost of a bicycle
To relieve its public transport and roads – and prepare for a post-Covid-19 world – the autonomous community of Madrid is offering to cover half the cost of a scooter, bicycle, moped or electric motorcycle for its inhabitants. Bicycles may cost up to €500, mopeds up to €600 and motorcycles ...
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News briefs
Italy registers booming bike sales
Bicycle sales in Italy have jumped by 60 percent since bicycle shops reopened after the lockdown on May 6, as compared to the same period of 2019. According to data released on June 9 by Ancma (Associazione Nazionale Ciclo Motociclo Accessori), the sector’s trade association, Italians bought 540,000 units in ...
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News briefs
Decathlon grew by 26.4% in Germany in 2019
Correcting a German press report, the German subsidiary of Decathlon indicates that its net sales went up by 26.4 percent to €654 million in 2019. Online sales accounted for more than 20 percent of the French retailer’s sales in the country. Decathlon opened 16 stores in Germany in the course ...
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News briefs
Burton donates face visors to educational institutions in Austria
Burton Europe has donated 340 face visors to educational institutions in and around Innsbruck, Austria. The face visors were made in Absam, near Innsbruck, by a local manufacturer, MP Solutionz, that revamped its production for face visors during the coronavirus crisis. Burton’s European headquarters have been located in Innsbruck since ...
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News briefs
Oeko-Tex launches QR codes for its Made in Green label
Oeko-Tex has introduced a unique QR code for products labelled as Made in Green by Oeko-Tex, allowing customers to trace the production chain of the products and find out why they have been certified. More than 3,700 products have been certified with the label, which signifies sustainable production of textiles ...
