All News briefs articles – Page 540
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News briefs
The situation of Italy's sporting goods industry is improving, and...
The situation of Italy's sporting goods industry is improving, and the industry is mainly investing in innovation, internationalization and digitalization. This is what emerged from the recent General Assembly of Assosport, the Italian sporting goods industry association, which was held in Vicenza on June 29. The industry is worth €8.6 ...
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News briefs
Nike has reportedly opened a new head office in New...
Nike has reportedly opened a new head office in New York City, as part of its move to focus on a dozen key cities. Covering six floors, the new office is situated on Sixth Avenue in lower Midtown Manhattan, making it a central location for the brand's stores in the ...
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News briefs
Umbro is the official kit supplier for the inaugural Star...
Umbro is the official kit supplier for the inaugural Star Sixes tournament, the six-a-side indoor football competition where former international players represent a senior national team for which they played. The inaugural tournament will take place at the O2 Arena in London on July 13-16. The brand is already the ...
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News briefs
J&F Investimentos has terminated the negotiations over the sale of...
J&F Investimentos has terminated the negotiations over the sale of a controlling stake of 86 percent in Alpargatas, the parent company of Havaianas and the licensee of Mizuno for Brazil and Argentina, apparently because it could not agree on the price of the transaction. The company was in exclusive talks ...
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News briefs
Decathlon has opened its 15th store in the Paris area....
Decathlon has opened its 15th store in the Paris area. Located in the suburb of Malakoff, it measures 3,500 square meters. In Spain, the French retailer inaugurated on June 16 a smaller store of 1,800 sqm. in the Maquinista shopping center of Barcelona.
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News briefs
Vaude announced that its summer 2018 apparel collection will be...
Vaude announced that its summer 2018 apparel collection will be completely PFC-free, thereby meeting the requirements set in the Vaude Greenpeace Detox Commitment. The trekking and rain jackets are made with the Ceplex Green membrane, 100 percent PTFE and PFC-free. The collection is made by up to 25 percent recyclable ...
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News briefs
Merrell will accompany the launch of its spring/summer 2018 outdoor...
Merrell will accompany the launch of its spring/summer 2018 outdoor shoe collections with a campaign around the theme of “Create your Trail.” The collection will include a new version of the Chamaleon shoe with a lighter construction, and a flexible MQM (Moving Quickly in the Mountains) shoe with the Gore-Tex ...
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News briefs
Original Buff, which is celebrating its 25th anniversary this year,...
Original Buff, which is celebrating its 25th anniversary this year, will organize a new family event, the Buff Mountain Festival. It will be held for the first time on July 7-9 in Vall de Boi, a valley in northern Spain. The festival will feature various competitive and non-competitive activities including ...
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News briefs
Invista is spending more than $65 million to expand the...
Invista is spending more than $65 million to expand the capacity of its Camden nylon factory in the U.S. for the production of high-tenacity nylon fibers used in Cordura fabrics for outdoor and lifestyle clothing, footwear and equipment. The new facilities will use patented and proprietary technology for solution dyeing ...
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News briefs
ABC Distribution will again be the Italian distributor of Inov-8,...
ABC Distribution will again be the Italian distributor of Inov-8, the British brand of trail running shoes owned by Descente, starting with the spring/summer 2018 season. ABC, which now also sells the backpacks of Ultimate Direction, had taken on the Italian distribution for Hoka One One at the start of ...
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News briefs
Inov-8 has unveiled a new partnership with Total Warrior, the...
Inov-8 has unveiled a new partnership with Total Warrior, the U.K.-based obstacle course race, ahead of this year's series. Under the terms of the partnership, all the warriors who participate in the three courses of the series this summer – in Leeds, Shap and Edinburgh - will benefit from exclusive ...
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News briefs
Exercising an option, BasicNet has agreed to acquire the Briko...
Exercising an option, BasicNet has agreed to acquire the Briko brand of sports eyewear and apparel, which it has been licensing and distributing since March 2016. Depending on its performance, it will pay up to €4 million for the brand, starting with a lump sum of €1 million, to the ...
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News briefs
Compass Diversified Holdings (Codi) has acquired Crosman Corporation, a leading...
Compass Diversified Holdings (Codi) has acquired Crosman Corporation, a leading American producer of airguns, archery products, outdoor optics and related accessories sold under the Crosman, Benjamin and CenterPoint brands. It is paying about $152 million for the business, representing about 1.3 times revenues and 7.3 times adjusted Ebitda, to its ...
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News briefs
Sports Direct International has completed the acquisition of Bob's Stores...
Sports Direct International has completed the acquisition of Bob's Stores and Eastern Mountain Sports (EMS) in the U.S. The British sporting goods retailer is expected to enter U.S. retailing with 51 stores, of which 21 are EMS and 30 are Bob's. Sports Direct paid $101 million in cash for the ...
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News briefs
Nike's ad “The Switch” featuring Cristiano Ronaldo came out victorious...
Nike's ad “The Switch” featuring Cristiano Ronaldo came out victorious on this year's Top 10 Cannes YouTube video ad leader-board. The ranking is compiled through an algorithm that takes into account paid views, organic views and audience retention, which refers to how much of a video people watched. The leader-board ...
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News briefs
Adidas is boosting its infrastructure in Paris and regrouping its...
Adidas is boosting its infrastructure in Paris and regrouping its local teams under Guillaume de Monplanet, general manager of Adidas France, by opening of a new office near the trendy Pigalle area. Adidas and Reebok employees, who were previously working at different offices inside and outside the French capital, will ...
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News briefs
Bernard Tapie, the former majority shareholder of Adidas, has lost...
Bernard Tapie, the former majority shareholder of Adidas, has lost a final appeal in French courts against a ruling that he should reimburse €404 million paid out to him after arbitration proceedings around the sale of the sports company in 1993. Tapie has long alleged that he was fleeced by ...
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News briefs
Kasper Rørsted, the new chief executive of the Adidas Group,...
Kasper Rørsted, the new chief executive of the Adidas Group, is the most popular manager in the German fashion industry, according to Glassdoor. The company, which operates an employment and recruitment platform, recently released its list of the ten most popular managers in the country. Glassdoor's list includes managers from ...
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Thule Group has entered into an agreement with Curt Group,...
Thule Group has entered into an agreement with Curt Group, a company of Audax Private Equity, for the sale of United Welding Services (UWS), a maker of storage solutions and truck accessories headquartered in Perry, Florida. The transaction is expected to be finalized this month. The move is part of ...
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News briefs
The Alpinestars Tech-Air airbag system has been honored at this...
The Alpinestars Tech-Air airbag system has been honored at this year's Consumer Electronics Show (CES) Asia Innovation Awards, taking away the prize in the Wearables category. The Tech-Air, which is said to be the first self-contained street airbag system, can be used for any type of motorcycle or scooter. The ...
