All News briefs articles – Page 7
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News briefsFrance seeks to ban exports of used clothes
France would like the EU to ban exports of used clothes, the country’s Ministry for Ecological Transition and Territorial Cohesion has told Reuters. Of particular concern for France is Africa, which, the ministry said, “must no longer be the dustbin of fast-fashion.” France enjoys the support of Sweden and Denmark ...
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News briefsAdidas Golf unveils new material concepts in Ultimate365 apparel range
Source: Press image Adidas Golf use new materials in their new apparel Adidas Golf is introducing two new material concepts – Twistknit and Twistwave – aimed at redefining performance on the golf course. These innovations are available in both men’s and women’s Ultimate365 apparel. The ...
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News briefsPuma and Formula 1 unveil their inaugural collaboration collection
Source: Press image Puma and Formula 1 collaborate for their first collection Puma and Formula 1 have joined forces to introduce their first full collaborative collection for Spring/Summer 2024. This comprehensive collaboration marks a significant milestone in motorsport fashion, according to the brands. Inspired by race suit ...
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News briefsRip Curl signs eight-time surfing champion
Source: Photo: Trent Mitchell Stephanie Gilmore has signed a new deal with Rip Curl Rip Curl has made waves in the surfing world with its latest signing of eight-time world surfing champion Stephanie Gilmore. The groundbreaking agreement, valued in the millions, spans eight years, coinciding with Gilmore’s ...
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News briefs361 Degrees' profit increases by 29 percent in 2023
Bolstered by nearly 36 percent sales growth for its kids’ business, 361° realized 21 percent annual sales growth last year to 8,423.3 million yuan renminbi (€1.07bn) from RMB6,960.8 million. Annual operating income improved by 29 percent to RMB 1,383.5 million (€176.5m). The FY23 profit attributable to shareholders rose 29 percent ...
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News briefs360 Padel Group hires CEO
360 Padel Group has hired Sascha Beyer as its CEO, as we have learned from CMDsport and confirmed on the blog of one of the group’s divisions, Padel Nuestro. Beyer served as Tennis-Point’s Managing Director from 2016 to 2023 and its CEO for North America from 2021 to 2023, leading ...
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News briefsRevo opens flagship store in Manhattan’s SoHo district
Source: Revo New Revo sunglass store in the heart of Manhattan’s SoHo district Revo, the performance sunglass brand, announced the grand opening of its inaugural brick-and-mortar retail store in Manhattan’s SoHo district. Situated at 436 West Broadway, a bustling shopping hub, the store promises a unique and ...
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News briefsVans' Product Chief departs
Marissa Pardini, Vans’ Chief Product and Merchandising Officer, has announced her departure from the brand by the end of March. This follows a series of turnovers within VF Corp. Pardini, who joined Vans in December 2022 after a decade with the company and a stint at sister brand The North ...
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News briefsSmith with new sales team for German market
After a long-standing and successful sales partnership with three agencies in Germany, eyewear and helmet specialist Smith, part of Safilo Group, is opening the next chapter for the brand in the German market. Therefore, the brand has welcomed Michael Horstmann and Florian Krach to its sales force. A particularly strong ...
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News briefsBig in South Korea? Alibaba plans to invest $1.1bn
Alibaba Group is set to inject $1.1 billion into South Korea over the next three years, according to a business strategy document cited by South Korean news agency Yonhap on Thursday. The investment aims to establish a logistics center and bolster business operations in the region. Reportedly, the Chinese e-commerce ...
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News briefsSee all Adidas kits for Copa America
Adidas has revealed the latest lineup of technical performance kits for five football teams ahead of Copa America. Today marks the unveiling of the home and away jerseys for Argentina, Chile, Colombia, Mexico, and Peru, offering fans and players a glimpse of the attire they’ll don this summer. This release ...
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News briefsChange again at Under Armour's helm
Under Armour (UA) founder Kevin Plank, the current Executive Chair of the Board, is set to again become President and CEO of the Baltimore, Maryland company on April 1. At the same time, Dr. Mohamed A. El-Erian, an independent UA director since 2018 and lead director since 2020, will become ...
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News briefsAsics EMEA introduces a young exercise influencer team
Asics has announced the launch of what it claims is “the world’s youngest exercise influencer team.” Asics “Little Reminders” is a group of seven and eight-year-olds from across the UK who are on a mission to remind adults to exercise for how it makes them feel, not how it makes ...
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News briefsStyle Capital buys majority stake in Autry
Milan-based private equity investor Style Capital is buying Autry International, the owner of the Italian sneakers brand Autry, from Made in Italy Fund. The financial details of the transaction were not disclosed. Style Capital will buy a 50.2 percent stake, while the Doro family, the brand’s founders, will retain a ...
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News briefsFrench Olympic team collaborates with Le Coq Sportif
As the Olympic Games approach Paris this summer, the French national team is gearing up with a touch of Parisian flair. Stéphane Ashpool, the founder and designer of Pigalle, a streetwear label, has been tapped to elevate the athletes’ attire. Teaming up with French sportswear label Le ...
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News briefsKappa sponsors platform for women’s football
The sports-apparel brand Kappa, we learn from Diffusion Sport, has become the technical sponsor of WomanGoal, which describes itself as the “first international platform created to promote women’s soccer” and as specializing in “talent recruitment, training, asset creation and business building for women’s soccer at a global level.” WomanGoal seeks ...
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News briefsSpanish pádel brand to give factory tours
StarVie is opening its factory to public tours, according to TradeSport. The factory is located in Azuqueca de Henares, Spain, and purported to be the largest of its kind in Europe. Visitors will be able to see the full production line, from design to finished product, and then test racquets ...
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News briefsTecnica Group confirms previous year's record results
Tecnica Group sustained its strong performance through a market and product diversification strategy amidst post-pandemic challenges. Despite prevailing uncertainties, the group showcased resilience in 2023, maintaining its growth trajectory initiated in 2020, which saw double-digit expansion in 2021 and 2022. The fiscal year 2023 concluded with sales totaling €540 million ...
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News briefsFamous non-golfers among PGA Tour Enterprises’ investors
As we have been reporting, the PGA Tour struck a deal with the consortium known as Strategic Sports Group (SSG) to found PGA Tour Enterprises in January and disclosed the member of the venture’s board of directors earlier this month. The PGA Tour has now confirmed a piece in the ...
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News briefsJD Sports’ Dutch retailers Perry Sport, Aktiesport, Sprinter now closing
Closing its final lot of Dutch retailers, JD Sports’ Perry Sport, Aktiesport and Sprinter stores will shutter on Tuesday. Curator Kees van de Meent confirmed to De Telegraaf the closure of the last six branches, operated under JD’s subsidiary Sports Unlimited Retail, which went bankrupt in 2023. While the British ...
