All News briefs articles – Page 8
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News briefs
Heydude embarks on outlet expansion plan
Heydude is embarking on an aggressive expansion plan to increase its number of outlets. In 2024, the company plans to open 30 new outlet stores, a significant jump from the five opened in the past six months. The surge in outlet openings stems from a strategic shift in 2023. “We’re ...
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News briefs
Gymshark women’s head of brand steps down
Stephanie O’Neill, the Head of Brand for Gymshark’s women’s division, has announced her departure from the Solihull-based activewear company after a seven-year tenure. Joining Gymshark in 2017 from Religion Clothing, O’Neill held various roles and was promoted four times, most recently in April 2023. Her replacement has yet to be ...
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News briefs
Trump unveils sneakers at Sneaker Con
Former President Donald Trump made an unexpected appearance at Sneaker Con in Philadelphia over the weekend, where he unveiled his new line of signature sneakers. The move came amidst ongoing legal battles and as he vies for the Republican presidential nomination in 2024. Trump, facing a $355 million judgment in ...
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News briefs
Unexpected news: Craft Sportswear introduces post-run craft beer
Craft Sportswear, in collaboration with Swedish brewery Billdale, has crafted a post-run beer, catering to dedicated runners who enjoy a well-deserved beverage after a challenging session. The beer, named Craft Beer, is packed with extra nutrients, minerals, and vitamins essential for recovery. Launched during UTMB, the world’s ...
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News briefs
Tradition meets innovation: Fischer’s limited NFT ski bundle
Austrian company Fischer Sports GmbH has launched its 100 Years NFT Ski Bundle, available since Feb. 14, 2024, which allows fans to immerse themselves in both the history of skiing and the futuristic world of digital collectibles. This makes the 100-year-old company one of the first ski companies to pioneer ...
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News briefs
Nike France has a new director of communications
Nicolas Serres is Nike’s new head of communications for France. Most recently, he served as deputy director of communications at Ligue 1 club Paris Saint-Germain (PSG), from 2021 to January this year. He had previously worked at PSG from 2015 to 2020. Serres also served as head of communications and ...
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News briefs
Puma steps into the digital future with Touchtech partnership
Touchtech, a platform renowned for its sales assistance tools, has announced a collaboration with Puma Group. The move reflects Puma’s commitment to digitalization in a rapidly evolving retail landscape. Andres Castro, Team Head of Customer Connectivity at Puma Group, emphasized the importance of digitalization to meeting the evolving needs of ...
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News briefs
UEFA reports record revenues for top-tier clubs
According to UEFA’s latest report, top-tier clubs participating in UEFA competitions have achieved unprecedented revenue levels in the 2021/22 fiscal year. The European Club Finance and Investment Landscape report disclosed that these clubs collectively generated approximately €23.9 billion in revenue during this period, marking a historic high. The staggering figure ...
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News briefs
Authentic Brands Group partners with SHG to expand Reebok in UK and Ireland
Authentic Brands Group (ABG) has forged a collaboration with Source Sport Limited T/A Sports Hub Group (SHG), a brand licensee, for the handling of the Reebok brand in the UK and Ireland. Under the agreement, SHG will produce and distribute Reebok-branded football and basketball team training gear, uniforms, sportswear, training ...
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News briefs
On forges partnership with Zalando, opens up to "new audience”
On and Zalando have joined forces to bring On’s range of running products to Zalando’s base of active customers. The collaboration marks On’s debut on Zalando’s platform, giving it access to 22 markets. Zalando, a prominent online destination for lifestyle and sports products in Europe, is welcoming around 100 performance ...
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News briefs
SportChek comparable sales fall in Q4, FY
SportChek, the Canadian Tire-owned retail chain, which ended 2023 with 371 stores, suffered a 6.4 percent decline in comparable store sales in the final period, because of lower sales of outerwear, skis and snowboards. Its total sales declined by 13.5 percent in Q4 to C$552.2 million (€380.1m) from C$637.9 million. ...
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News briefs
JD Sports plans flagship store in Munich
British sports fashion retailer JD Sports has secured itself a prime location in Munich for its largest German flagship store to date. Now that the German sports chain SportScheck will soon have to give up its flagship store in Munich’s pedestrian zone in the city center (Neuhauser Straße) following the ...
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News briefs
HanesBrands closes distribution center in North Carolina
As reported by businessnc.com, HanesBrands is shutting down operations at its distribution center in Winston-Salem, North Carolina, USA, as the company streamlines its operations. This is the third major cost-cutting measure at HanesBrands since last January. The closure of the facility will cost 159 jobs – the fourth set of ...
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News briefs
Dunlop Sports’ operating profit increases by 40% in FY23
Sumitomo Rubber’s sports division generated a 40 percent gain in annual operating income to ¥12,482 million (€77.4m) from ¥8.943 million for the 12 months ended Dec. 31. Annual sales rose by 8.6 percent to ¥126,647 million (€785.0m) from ¥116,597 million, bolstered by golf gains in North America and South Korea ...
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News briefs
Spyder skiwear to launch PFAS-free products this autumn
Liberated Brands (Liberated) unveiled a bold plan to eliminate per- and polyfluorinated substances (PFAS) from its Spyder skiwear line starting in autumn 2024. A comprehensive assessment of Spyder products has led to a strategic multi-season initiative to phase out PFAS across its branded skiwear. As Spyder is one of the ...
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News briefs
Tennis Industry Association rebrands to serve diverse community
Tennis Industry Association (TIA) has undergone a transformation, rebranding itself as the Racquet Industry Research Group (RIRG). The change signifies more than just a shift in name; it marks a strategic move to broaden its mission and serve the entire racquet sports community with research and data. Recognizing the diverse ...
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News briefs
Adidas Arena inaugurated ahead of Paris 2024
The Adidas Arena was officially inaugurated in Paris’s 18th arrondissement, near Porte de la Chapelle, on Feb. 11, hosting a match between Paris Basketball and Saint-Quentin Basket-Ball. The venue will be hosting badminton and rhythmic gymnastics during the upcoming Olympics, and then para-badminton and para-powerlifting during the Paralympics. The Paris ...
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News briefs
BasicNet's 2023 revenues rise to €398.6M despite brand revenue dip
BasicNet generated consolidated revenues of €398.6 million in 2023, up by 2.7 percent from the year earlier, as aggregate group brands revenues slipped by 10.4 percent to €1.14 billion, preliminary results show. The Italian company, which is the parent of such brands as Kappa, Robe di Kappa, K-Way, Superga and ...
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News briefs
Lululemon accused of “greenwashing” by climate group Stand.earth
Environmental advocacy organization Stand.earth has announced an anti-competition complaint against Lululemon Athletica with respect to its “Be Planet” marketing campaign. The complaint was submitted to Competition Bureau Canada. According to Stand.earth, Lululemon “misleads customers about its environmental impact.” Lululemon’s own Impact Report, publicly released last autumn, revealed that the company ...
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News briefs
Salter achieves 20% sales growth, equaling its record in 2020
Spanish gym equipment maker Salter saw revenues reach €14 million in 2023, a 20 percent increase from the previous year and the same as in 2020, at the peak of the pandemic crisis, CMDsport has reported. The growth was primarily attributed to the recovery of the B2B sector, which accounted ...