All News briefs articles – Page 422
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News briefs
Mascot Bidco Oy, the investment consortium led by Anta Sports...
Mascot Bidco Oy, the investment consortium led by Anta Sports Products, reports that it has gained title to all the shares in Amer Sports through the redemption of those that had not been tendered already. The stock was de-listed from the Nasdaq Helsinki exchange on Aug. 23.
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Dennis James “Chip” Wilson's investment in China's Anta Sports Products...
Dennis James “Chip” Wilson's investment in China's Anta Sports Products has paid off handsomely. The billionaire founder of Lululemon had paid $100 million to buy a 0.59 percent stake in the big and fast-growing Chinese company in May 2018. Shares in the Chinese company have risen strongly since then, along ...
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News briefs
Lego Wear, the Danish brand of sporting goods apparel for...
Lego Wear, the Danish brand of sporting goods apparel for children, has been cooperating with the German ski federation, DSV, for its “DSV on-tour” project since August. With this project, DSV aims to motivate children to learn to ski and is paying visits to sports clubs, kindergartens and schools in ...
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Kosaka Takeshi, a former chief operating officer, has been appointed...
Kosaka Takeshi, a former chief operating officer, has been appointed as chief executive of Li-Ning Company alongside its founder, Li Ning. He will focus on operations and the supply chain, where the Chinese company has encountered some difficulties.
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News briefs
Garneau has appointed Claude Loblond as business development director for...
Garneau has appointed Claude Loblond as business development director for Europe and the Middle East. The manager is joining the Canadian cycling company with more than 30 years of experience in the cycling industry and the sporting goods industry in general. He was most recently global vice president of sales ...
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News briefs
Lacoste has appointed Catherine Spindler as executive vice-president of marketing...
Lacoste has appointed Catherine Spindler as executive vice-president of marketing and branding, and Jean-Louis Delamarre as executive vice-president of markets and distribution. Spindler was most recently vice-president of customer experience at GM France. She started her career at LVMH, and has held various marketing and communication roles at Yves Rocher. ...
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News briefs
Wolverine Worldwide's board has approved a share repurchase program which...
Wolverine Worldwide's board has approved a share repurchase program which will return $400 million to shareholders over the next four years. The footwear group said it will repurchase shares as appropriate and in compliance with any restrictions contained in the company's credit agreements.
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News briefs
Mike Ashley, chief executive and majority shareholder of Sports Direct...
Mike Ashley, chief executive and majority shareholder of Sports Direct International, reportedly managed to get all resolutions passed at the company's annual general meeting last week, where the media were banned from attending. He refused to accept an independent review of corporate governance as all the major auditing firms have ...
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Asics, whose European office is in the Netherlands, has closed...
Asics, whose European office is in the Netherlands, has closed a deal with KLM to access the airline's staff and frequent travelers, providing them with footwear and apparel in the framework of the airline's Vitality program of fitness training and running events. The partnership will also connect KLM's 30,000 employees ...
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News briefs
Assosport, the Italian sporting goods industry association, has moved its...
Assosport, the Italian sporting goods industry association, has moved its main office from Treviso to Mestre, near Venice. The transfer is taking place because of the reconstruction of the building where the association had its seat. Located near Venice, the city of Mestre is easier to reach by train and ...
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News briefs
Toru, an autonomous robot that Zalando is using to pick...
Toru, an autonomous robot that Zalando is using to pick shoe boxes from the shelves of its warehouses, has completed its test phase at the German e-tailer's logistical hub in Erfurt, Germany. Next up are a pilot phase at the company's warehouse in Lahr and, if that is successful, deployment ...
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News briefs
From the current autumn season, BA Sport Products is the...
From the current autumn season, BA Sport Products is the Swedish agent for the cycling footwear range of Italy's Northwave. The agency has already been the agent for K2, including its ski boots and snowboard boots, for the past 25 years.
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News briefs
Matthieu Bazil has taken over as chief executive officer at...
Matthieu Bazil has taken over as chief executive officer at Aqua Lung. The new CEO comes with experience from Fox Racing, Oxbow and Boardriders, with leadership roles at DC Shoes and Quiksilver and key account management at Adidas. Based at the watersports equipment maker's offices in Carros, France, the self-professed ...
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News briefs
Intersport France has signed a three-year deal to become the...
Intersport France has signed a three-year deal to become the official distributor for the French Tennis Federation (FFT). The Swiss retailer will be providing exclusive offers to the federation's members as well as licensed apparel. Bernard Giudicelli, chairman of the FFT, hopes to boost membership to 1.5 million by 2020. ...
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News briefs
The Lenzing Group's fibers have been certified for full biodegradability...
The Lenzing Group's fibers have been certified for full biodegradability in fresh water by Organic Waste Systems (OWS), the independent research laboratory. The new and existing international certifications conducted by OWS, and issued by TÜV Austria, verify that Lenzing Viscose fibers, Lenzing Modal fibers and Lenzing Lyocell fibers are biodegradable ...
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News briefs
TBS, the French sneaker brand, is collecting shoes at the...
TBS, the French sneaker brand, is collecting shoes at the end of their functional life for the purposes of its Re-Source project. The TBS Re-Source is a recyclable and vegan shoe. At present, 70 percent of the rubber in the Re-Source's sole is made of recycled rubber. The next step ...
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News briefs
Speedo, the swimwear brand owned by Pentland, has released an...
Speedo, the swimwear brand owned by Pentland, has released an app that allows customers to try on swim goggles through an augmented reality (AR) function. The app uses the camera on mobile devices to apply a 3D scanner to customers' faces and generates recommendations on the basis of the scans. ...
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News briefs
Ispo Brandnew, purportedly the “world's largest and oldest international start-up...
Ispo Brandnew, purportedly the “world's largest and oldest international start-up competition in the sports business,” is celebrating its 20th anniversary by providing a total of €400,000 in start-up funding. This will be divided into 50 “support packages” of €25,000 each. In addition to the funding, these packages will provide booth ...
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News briefs
Ellesse and Wood Wood have jointly designed a capsule shoe...
Ellesse and Wood Wood have jointly designed a capsule shoe and footwear collection for autumn/winter 2019. The 30-item collection will debut in all Wood Wood stores as well as on both brands' web shops on Sept. 20. The first collaboration between the two brands dates back 10 years.
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News briefs
Nike has inaugurated a new European distribution center in Ham,...
Nike has inaugurated a new European distribution center in Ham, Belgium, that is entirely powered by renewable energy. Called the Court, it uses state-of-the-art technology that should help accelerate deliveries of online orders directly to consumers. Measuring 1.5 million square feet, it uses wind, solar, geothermal, hydroelectric and biomass energy. ...
