All News briefs articles – Page 66
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News briefsHas Shein already filed for an IPO?
We have been waiting for Shein to file for an IPO somewhere. According to Reuters, however, the filing appears already to have happened, in early June. It was done confidentially and in London. It seems, Reuters writes, that Shein has “updated China’s securities regulator officially about its change of listing ...
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News briefs3D display at Nike’s Paris store
We learn from Retail Technology Innovation Hub that Nike has set up 3D holograms at its Paris store, the House of Innovation, to promote its new Air Max Dn sneaker. To handle the set-up, Nike hired Hypervsn, a specialist in 3D displays and “phygital” marketing with headquarters in the UK, ...
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News briefsErik Janshen appointed Vice President DTC at Puma
Source: Puma Erik Janshen Puma has appointed Erik Janshen to lead its global direct-to-consumer (DTC) business, which includes Puma’s owned and operated stores, the puma.com website and various online marketplaces. Janshen, a German national, has more than 10 years of experience in digital sales and DTC ...
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News briefsGarmin promotes two executives to newly created COO role
Garmin announced today that Patrick Desbois and Brad Trenkle have both been appointed to the newly created role of co-Chief Operating Officer, effective July 1, 2024. Source: Garmin Patrick Desbois Desbois will provide executive oversight for Garmin’s aviation and auto OEM segments, global supply chain and operations, ...
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News briefsPGA Tour appoints Weitz as Chief Marketing & Communications Officer
Source: PGA Andy Weitz The PGA Tour has announced the appointment of Andy Weitz as Chief Marketing and Communications Officer and Executive Vice President, Investor Relations for the Tour’s global operations. In addition to overseeing marketing and communications, Weitz will take on a newly created investor relations ...
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News briefsNike and Hyperice partner on gear designed to ease warm-up and recovery
Nike has teamed up with Hyperice, a California-based wellness brand specializing in therapy technology, to create boots and a vest designed “to take warm-up and recovery to the next level.” The Nike x Hyperice Boot is a high-top shoe that offers heat and dynamic air-compression massage on demand for the ...
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News briefsWFSGI and sporting goods companies react to WHO’s inactivity data
According to the WHO, 31 percent of adults are “inactive” and “not meeting the recommended levels of physical activity (just 150 minutes of moderate exercise per week).” This figure, it predicts, will at the current rate of change rise to 35 percent by 2030. It stood at ...
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News briefsOakley outfits Team USA Surfing for Paris 2024
Oakley is teaming up with Team USA Surfing as the official offshore outfitter, marking a historic milestone as surf returns to the Olympic stage at this Summer’s Games. Building on the esteemed Team USA Partnership and as a core tenet of the brand’s heritage in surf, the Oakley Team USA ...
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News briefsItalian sportswear firm Macron opens US office
Bologna-based teamwear brand Macron has opened a US office in Bridgeport, Connecticut. Giovanni Maruzzi, the company’s Chief Sales Officer and CEO of Macron US, and Angelo Marino, Macron’s Director of Communications, attended the official ceremony. Macron’s new US headquarters has an area of approximately 2,000 sqm. It includes a ...
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News briefsSkechers and Harry Kane launch capsule collection
Harry Kane, the current captain of the English national team and center forward at FC Bayern since 2023, has launched an apparel capsule with Skechers. It is their first joint clothing collection, after Kane already acted as ambassador for Skechers’ first football boots, which were launched in Europe in September ...
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News briefsJuventus and Fanatics sign merchandise partnership
Serie A football club Juventus and Fanatics, a digital sports platform and a global leader in licensed sports merchandise, have announced a wide-ranging partnership in e-commerce, retail, manufacturing and licensing. Fanatics will manage all aspects of Juventus’ merchandise offering worldwide. The new partnership will run until the end of the ...
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News briefsUlrich Hanfeld takes over sole management of Hervis
Source: Hervis Dr. Ulrich Hanfeld Austrian sporting goods retailer Hervis is taking the next step in its ongoing restructuring: By the end of June 2024, Dr. Ulrich Hanfeld will assume sole responsibility for the management board. The retail professional was brought into the company at the beginning ...
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News briefsUnder Armour to pay €434 million settlement in shareholder lawsuit
Following a seven-year legal dispute between Under Armour (UA) and a group of shareholders, UA has agreed to pay $434 million in settlement. This should end the legal dispute from 2017, in which it was alleged that the company had misled shareholders about its sales growth to meet Wall Street ...
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News briefsFirst J.Lindeberg golf collection for the US team in Paris unveiled
Source: J.Lindeberg For the first time, Swedish sports fashion brand J.Lindeberg dresses the US men’s golf team for the Olympics in Paris. The complete collection of the outfits for both men and women was now unveiled. J.Lindeberg commented that it wanted to make the collection a mix ...
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News briefsWell−being on top of Asics’ sustainability agenda
With the release today of its 2023 sustainability report, Asics reveals how prioritizing mental and physical well-being is helping to drive its sustainability agenda across a range of material topics from supply chains to climate action. Key examples include: Raising awareness of the global gender gap ...
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News briefsSuperfeet partners with organization to prevent injuries in workplace
Insole maker Superfeet announced that it partnered with workplace injury prevention solutions provider Work Right NW (North West) to offer insoles as part of Work Right’s injury prevention program. The new partnership is meant to improve employee safety in the industrial workplace by providing workers access to the right insoles ...
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News briefsSanta Cruz collaborates with Jägermeister
Source: Jägermeister Jägermeister x Santa Cruz Together with German liquor brand Jägermeister, US label Santa Cruz has launched a limited, three-piece skateboard and fashion capsule collection. The collaboration focuses on the revival of an iconic deck, the Kendall, which Jeff Kendall, skateboarding legend and current CEO/CMO at ...
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News briefsSher cooperates with Italian luge athlete
Source: Sher Andrea Vötter Sher, an Italian sportswear brand for women inspired by cyclists, has entered into a partnership with Andrea Vötter, one of the best female luge athletes in the world. The young Italian athlete has already achieved considerable success with two overall World Cup victories, ...
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News briefsShareholders sue Nike
Nike, its President and CEO, John Donahoe, as well as its CFO, Matthew Friend, were sued in Oregon District Court by the Pembroke Pines City Pension Fund for Firefighters and Police Officers for misleading their investors by concealing Nike’s problems with Nike Direct and its DTC strategy. The company’s results ...
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News briefsPro pádel gains an association for coaches
The Professional Padel Players Coaches Association is making its debut at Premier Padel’s BNL Italy Major, running from June 15 to 23 in Rome. It has gathered 80 members so far, along with a president, Francisco Javier “Pozanco” Sánchez, a vice president, Jorge Bellmont, and a secretary, Ángel González. Its ...