All News briefs articles – Page 428
-
News briefs
In response to strengthening local demand, Velomotors is investing 400...
In response to strengthening local demand, Velomotors is investing 400 million rubles (€5.5m-$6.1m) in a factory in Kransnodar Krai in the southern part of Russia with an intended production capacity of 300,000 bicycles per year. Making use of an abandoned plant, the project is important because it is the first ...
-
News briefs
To celebrate the 50th anniversary of Man landing on the...
To celebrate the 50th anniversary of Man landing on the moon, Puma launched a special Space Explorer Pack collection on the 20th of July. The collection, which includes three models of athletic footwear and apparel, can be purchased on Asos, at Foot Locker and on the web shop of Puma. ...
-
News briefs
The Giorgio Armani group recently launched its EA7 Emporio Armani brand...
The Giorgio Armani group recently launched its EA7 Emporio Armani brand in Russia. The Italian-based company recently opened its first EA7 store in Moscow's Mega Teply Stan shopping center, which belongs to the Russian-based Ingka group, a successor company of the Ikea group. The Ingka group has 14 shopping centers in ...
-
News briefs
Roughly coinciding with the 70th anniversary of its foundation on...
Roughly coinciding with the 70th anniversary of its foundation on Aug. 18, 1949, Adidas celebrated the opening of its new headquarters in Herzogenaurach last Friday with the participation of some high-profile guests such as Pharrell Williams, Stan Smith, Philipp Lahm, Laura Dahlmeier and Magdalena Neuner. A daughter of the late ...
-
News briefs
The Accell Group will not be taking part in this...
The Accell Group will not be taking part in this year's edition of Eurobike, the usual venue for the company's product introductions in Friedrichshafen, where it has been one of the major exhibitors. This year, for the first time, the Dutch-based group introduced its new collections directly to its dealers ...
-
News briefs
Evoc Sports has acquired Tranzbag, a Swiss maker of foldable...
Evoc Sports has acquired Tranzbag, a Swiss maker of foldable bicycle transportation bags. Tranzbag was founded 25 years ago by Bendicht Luginbühl, a Bernese bike pioneer and media professional who is considered the inventor of the foldable, serially manufactured bicycle transport bag. Evoc, based in Munich, specializes in protective sports ...
-
News briefs
Nike has made another acquisition to boost its consumer-direct initiative....
Nike has made another acquisition to boost its consumer-direct initiative. After taking over a data analytics firm, Zodiac, and a developer of body-scanning technology, Invertex, it has acquired Celect, an American company that uses artificial intelligence to analyze retail data and predict future consumer purchases and the related allocations of ...
-
News briefs
McDavid has expanded its commercial activities in Germany. The producer...
McDavid has expanded its commercial activities in Germany. The producer of protective sports equipment is now the official business partner of the Borussia Monchengladbach football team for the 2019/20 season. The company will supply part of the bandages to the team. Marc-André ter Stegen, goalkeeper of FC Barcelona and of ...
-
News briefs
The former chief executive officer of the Adidas Group, Herbert...
The former chief executive officer of the Adidas Group, Herbert Hainer, will replace Uli Hoeness as chairman of the supervisory board of the FC Bayern Munich, the company controlling the homonymous football club, according to the business monthly Manager Magazin. Hainer, a passionate supporter of the team, in which Adidas ...
-
News briefs
Skechers and Adidas have reached a settlement in their dispute...
Skechers and Adidas have reached a settlement in their dispute over footwear stripes. A filing by Skechers on July 29 at the U.S. District Court for the Central District of California asked for the dismissal without prejudice of a lawsuit brought by Adidas, which had claimed that Skechers' Goldie-Peaks shoe infringed its Three Stripes ...
-
News briefs
Adidas is reportedly considering putting a deposit on sports shoes...
Adidas is reportedly considering putting a deposit on sports shoes – as in Germany's “Pfandsystem” (Pfand means “deposit”) – similar to what is often done with plastic and glass bottles. According to reports in sportstextiles.com, the brand is exploring charging a returnable deposit of €10 on a pair of shoes ...
-
News briefs
A private investment firm, Black Rock, has agreed to put...
A private investment firm, Black Rock, has agreed to put up $875 million to buy a stake in the Authentic Sports Group (ABG), according to the Wall Street Journal, valuing the company at around $4 billion. It will apparently replace Leonard Green Partners as the largest shareholder in the American ...
-
News briefs
The Australian golfer Greg Norman has become a brand ambassador...
The Australian golfer Greg Norman has become a brand ambassador for Garmin International, the Swiss-based company that brings GPS navigation and wearable technology to the automotive, aviation, marine, outdoor and fitness markets. Norman, also known as the “The (Great White) Shark,” is a two-time winner of the British Open and ...
-
News briefs
Lew's Holdings Corporation, an American supplier of fishing and hunting...
Lew's Holdings Corporation, an American supplier of fishing and hunting gear, is acquiring Fox International, Europe's largest privately owned fishing tackle company, with headquarters in Brentwood, Essex. The deal is subject to regulatory approvals and closing conditions, and the financial terms remain undisclosed. The two companies will be retaining their ...
-
News briefs
Asics has announced the first four start-ups that will take...
Asics has announced the first four start-ups that will take part in its accelerator program. They are: Elyza, which proposes the development of a sales/demand forecasting system based on artificial intelligence; No New Fold Studio, which plans to create smart running shoes that can measure foot movement while running; Biima, ...
-
News briefs
VF Corp. has announced the appointment of Jan Van Mossevelde...
VF Corp. has announced the appointment of Jan Van Mossevelde as vice-president and general manager of Icebreaker for the EMEA region, effective with this coming autumn. He will replace Peter Ottervanger, who has decided to leave the brand to pursue new opportunities. Van Mossevelde joined VF in 2015, and since ...
-
News briefs
Arc'teryx has opened a new store in Sapporo, the capital...
Arc'teryx has opened a new store in Sapporo, the capital of Japan's Hokkaido prefecture. The 425-square-meter floor surface of the store makes it the brand's largest in Japan.
-
News briefs
Mike Ashley likes to go for struggling retail operations, despite...
Mike Ashley likes to go for struggling retail operations, despite his fiasco with his investments in Debenhams and House of Fraser. His company, Sports Direct International, has acquired the brand and other assets of Jack Wills, a British chain of upscale fashion stores catering to young people, for £12.75 million ...
-
News briefs
Bally is launching a special edition of its classic Bally...
Bally is launching a special edition of its classic Bally Champion sneaker in August. The new interpretation will be available in a limited edition of 1,851 pairs to celebrate the brand's founding year. The Champion sneaker was first launched in 1990 and was a favorite with the tennis stars Jakob ...
-
News briefs
SportScheck is going for new partnerships in different ways, based...
SportScheck is going for new partnerships in different ways, based on a declared mission to bring together sports-minded people, particularly online. After its acquisition of Fitfox, the fitness community platform, the big German sports retailer has partnered with Fanatics to be its exclusive supplier of licensed products in its domestic ...
