All News briefs articles – Page 397
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News briefs
Philipp Plein is discontinuing Plein Sport
Philipp Plein, the German luxury fashion company, is discontinuing its dedicated sports line, Plein Sport. Instead, sports products will be integrated into the main collection in the future, with a potential especially for sneakers. The sports line was launched in 2016, with a plan to open around 50 stores within ...
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News briefs
Hummel acquires two Danish sports brands
Hummel has acquired two other Danish sports brands, Halo and Newline, from Performance Group Scandinavia. The purchase price has not been disclosed. Founded in 1981 by a parachutist and pentathlon athlete, Helge Petersen, Newline specializes in running and cycling apparel, complemented by running shoes since 2011. Halo is a recent ...
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News briefs
VF Corp. exploring workwear divestments
VF Corp. is exploring options for divestments in its occupational workwear segment. The nine brands under review are Red Kap, VF Solutions, Bulwark, Workrite, Walls, Terra, Kodiak, Work Authority and Horace Small. Dickies and Timberland Pro are excluded. For VF’s chairman, president and chief executive, Steve Rendle, “divesting these brands ...
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News briefs
Wolfgang Schnellbügel, 61, passed away on Jan. 1 after four...
Wolfgang Schnellbügel, 61, passed away on Jan. 1 after four years of fighting against the Lou Gehrig's disease, which is a form of lateral sclerosis. The well-known German executive was the managing director of Sport 2000 International from 2006 to 2015, developing its operations all over Europe and the buying ...
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News briefs
On July 1, Puma will become the new sponsor and...
On July 1, Puma will become the new sponsor and exclusive supplier of the German Handball Federation (DHB), outfitting all coaches, supervisors and referees for both indoor and beach handball. The current sponsorship deal, with Kempa, will be expiring. The new DHB collection of apparel, footwear, accessories, underwear, merchandise and ...
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News briefs
Tradeinn was expecting to close out 2019 with about €150...
Tradeinn was expecting to close out 2019 with about €150 million in sales. The Spanish online retailer of sporting goods has instead achieved €188 million, for a leap of 40 percent from the previous year. According to the founder, David Martín, the group was already looking past its stated target ...
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News briefs
Sport 2000 Austria reports on a 4 percent increase in...
Sport 2000 Austria reports on a 4 percent increase in sales at its 235 affiliated stores during the Christmas season. Ski equipment and clothing, also for children, were in high demand, and ski touring is still very popular. More sales are expected after Christmas as several customers will be redeeming ...
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News briefs
In the summer of 2019, Zalando completed the construction of...
In the summer of 2019, Zalando completed the construction of buildings X and O in Berlin. In April 2020, the e-commerce company will be starting the construction of another building (Z) in Friedrichshain, Berlin. The new building is expected to offer a flexible working environment, allowing employees to work individually ...
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News briefs
Polartec was among the winners at the 2019 edition of...
Polartec was among the winners at the 2019 edition of the R&D 100 Awards, in December. Its winning product – in the Mechanical/Materials category – was Power Air, a fabric designed to reduce fiber shedding by encasing air in a continuous yarn. According to the company, the resulting fabric sheds ...
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News briefs
Sport 24, the third-largest sporting goods retailer in Denmark, which...
Sport 24, the third-largest sporting goods retailer in Denmark, which has been growing fast, has moved to a new 3,200-square-meter headquarters in Jutland. Henrik Bruun, the founder, has used his own money to build an attractive, modern building to handle all functions for the chain's six divisions. There is also ...
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News briefs
David Conn, a brand executive of 25 years' experience with...
David Conn, a brand executive of 25 years' experience with a huge curriculum, is the new director and chief executive of Sequential Brands Group. He is replacing Chad Wagenheim, president, who took charge temporarily in October of last year. Wagenheim will now be working in partnership with Conn. Conn was ...
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News briefs
Wilson Golf is launching the D7 Forged irons, as part...
Wilson Golf is launching the D7 Forged irons, as part of its range of D7 products. The D7 Forged irons feature a urethane-filled Power Chamber and centered power holes, alongside a new clubhead design and a thinner topline. The clubface is forged from soft 8620 carbon steel. The thicker sole ...
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News briefs
According to an annual report from Observatorio Cetelem, sporting goods...
According to an annual report from Observatorio Cetelem, sporting goods emerged as the Spanish sector with the most total customers and the greatest percentage growth in 2019. All sectors but one (leisure items) saw growth last year, but the percentage of Spanish consumers purchasing sporting goods climbed seven points to ...
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News briefs
Adidas has announced the start of the third tranche of...
Adidas has announced the start of the third tranche of its multi-year share buyback program, which calls for the purchase of up to €3.0 billion worth of its own shares between March 2018 and May 2021. It is planning to purchase own shares worth up to €1.0 billion in 2020. ...
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News briefs
Adidas has reached a negotiated settlement with Rick Pitino, the...
Adidas has reached a negotiated settlement with Rick Pitino, the former coach of Louisville University’s basketball team who was fired in 2017 over a bribery scandal, ESPN has reported. Pitino claimed to have no knowledge of a deal under which James Gatto, a former sports marketing executive of Adidas, and ...
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News briefs
Adidas has launched new laceless footwear for tennis players. The...
Adidas has launched new laceless footwear for tennis players. The new Stycon shoe, whose silhouette does not look like the typical tennis sneaker, is said to offer optimized comfort for wearers thanks to improved fit and control. The shoe has no shoelaces and a knit collar, designed to naturally expand ...
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News briefs
Adidas has launched a range in collaboration with Pokémon Company...
Adidas has launched a range in collaboration with Pokémon Company for the new year, according to Hypebeast. The range comprises tracksuits, T-shirts, shorts and footwear for youth and adults, marked with graphics inspired by the visuals of the early Pokémon video games. Patterns of pixels are used to create colors, ...
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News briefs
Australian cotton production is being heavily affected by fires and…
Australian cotton production is being heavily affected by fires and drought. Analysts at Rabobank suggest that production for the 2019/20 period, estimated at 735,000 bales, will be the lowest in more than a decade, with a 16 percent drop from 2017/18 production. Queensland and central New South are the hardest ...
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News briefs
Giant Ibérica struck a collaboration agreement with Giant France in...
Giant Ibérica struck a collaboration agreement with Giant France in late December and, with the turn of the new year, has begun operating through the latter subsidiary. The agreement covers marketing, sales, logistics and product development. The cycling brand is thereby consolidating its largest market worldwide. France, Spain, Portugal and ...
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News briefs
Bluestar Alliance, the new owner of Hurley, is moving quickly...
Bluestar Alliance, the new owner of Hurley, is moving quickly to turn Nike's former action sports brand into a licensed operation. According to ShopEatSurf, it has signed contracts for the U.S. with companies specializing in men's clothing, women's clothing and swimwear. The licensees will rehire some or all of Hurley's ...
