All News briefs articles – Page 99
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News briefsBoss signs two new tennis ambassadors
Boss is making further strides in the world of tennis, announcing two new ambassadors, Noma Noha Akugue and Ella Seidel. According to the German fashion brand, Akugue and Seidel have already established themselves as players worth watching more closely. Just in time for the Australian Open, the two German tennis ...
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News briefsFila deepens commitment to pickleball
Fila is doubling down on pickleball. Since 2019, when the company released its first shoe designated for the sport, it has been pushing to get into the pickleball market. With the release of its new Volley Burst shoe model, the company now claims to be “at the forefront of performance ...
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News briefsXponential updates FY23 operating highlights
US-based Xponential Fitness, Inc., a global franchisor of boutique fitness brands, which generated $1.4 billion in systemwide sales and 16 percent same-store sales growth in 2023, has updated its FY23 operating highlights. This includes an increase in the number of studios to 3,062 and total licenses to 6,255 across ...
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News briefsBalenciaga’s new collection inspired by football
Luxury fashion house Balenciaga has launched a limited series of clothes and accessories, including hats, scarves, jerseys, tracksuits, sweatpants and hoodies, inspired by the world of football. The collection is characterized by logos reminiscent of on- and off-duty uniforms worn by football teams during both gameday and off the pitch. ...
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News briefsCastore names former JD Sports exec as investment director
British sportswear brand Castore has appointed Stuart Puddy as its new Investment Director. Prior to joining Castore, Puddy spent seven years at JD Sports, where he served most recently as Head of Mergers and Acquisitions (M&A). On LinkedIn, Puddy commented: “Delighted to be starting my new role as Investment Director ...
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News briefsAdidas uses its Airchill technology in a tennis range
Source: Adidas New Melbourne tennnis collection with Airchill To mark the start of the 2024 Grand Slam tennis season, Adidas has unveiled its spring/summer 2024 Melbourne apparel collection, for which it used, for the first time in a tennis range, its Airchill material technology. Airchill involves loose-knit ...
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News briefsDP World Tour announces strategic partnership with China Tour
The DP World Tour and the China Golf Association (CGA) have announced a strategic partnership that expands the pathway for the players of the CGA-sanctioned China Tour to the DP World Tour and confirms the co-sanctioning of tournaments until at least 2025. The various pathways included as part of this ...
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News briefsJ.Lindeberg signs Christopher Eubanks
Source: J.Lindeberg Chris Eubanks Christopher Eubanks has signed with J.Lindeberg to become the Swedish brand’s new ambassador. The American player will wear his first outfit from J.Lindeberg during the Australian Open, starting Jan. 7. “We are simply delighted to welcome Christopher Eubanks to our team; with his ...
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News briefsXtep updates Q4, FY23 results in Greater China
Annual sales for Xtep International in FY23, in both offline and online channels, rose more than 20 percent year-over-year, the company reported yesterday. Inventory turnover for the 12 months was 4 to 4.5 months. Meanwhile, in Q4, which ended Dec. 31, 2023, the Chinese group generated year-over-year retail sales ...
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News briefsZumiez updates quarter-to-date sales
Zumiez, the parent of the Blue Tomato retail chain, reported a 4.2 percent increase in international net sales, consisting of revenues generated in Europe and Australia, for the nine weeks ended Dec. 30. However, comparable international sales were down 4.2 percent for the period. Group sales fell by 6.6 percent ...
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News briefsIntersport Spain still down from 2019
Neither separately nor in aggregate have the companies that make up Intersport Spain yet matched the annual sales of 2019 – which themselves were, for the most part, in decline from 2018. The latest available figure for its full-year 2022 is about 28 percent down from the pre-lockdown year. Intersport ...
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News briefsAdidas has a new President for North America
Source: Adidas John Miller Adidas has named a new President for its North American operations. John Miller is a familiar face at the company: He worked with sales for three years before moving on to Nike, where he was from 2006 to 2017. Most recently, Miller was ...
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News briefsPolar opens its ecosystem to other product segments
Polar Electro has unveiled a new partnership with the German premium audio brand Sennheiser. Sennheiser’s new fitness-focused Momentum Sport earbuds will be powered by Polar, which means it’s offering wearers access to Polar’s suite of biosensing capabilities and enhanced guidance for fitness and wellbeing. The earbuds will provide more than ...
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News briefsSunnyFit releases free fitness app
In over two decades, California-based Sunny Health & Fitness has had profitable growth in the fitness industry. Now, they are releasing SunnyFit, a free fitness app built on their own products. The goal of the fitness app is to “reshape the way individuals engage with their health and well-being.” However, ...
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News briefsLululemon raises guidance
Lululemon Athletics announced in a preannouncement before the ICR Conference that, for Q4 of FY 2023, it expects net revenue to be somewhere from $3.170 to $3.190 billion, a 14 to 15 percent increase compared to the last quarter of FY 2022. Previous guidance saw shares in the range of ...
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News briefsTiger Woods and Nike part ways
Golf star Tiger Woods revealed on social media that his cooperation with Nike Golf, which lasted 27 years, has come to an end. His last 10-year contract extension was signed in 2013, which reportedly paid him around $200 million. Woods wrote, “There will certainly be another chapter,” but gave no ...
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News briefsGerman consumer sentiment deteriorates
After the consumer mood in Germany recovered at the end of 2023, consumers are once again more pessimistic about the future in the new year. This was revealed by the consumer barometer for January published by the German Retail Association (HDE), which is compiled monthly by the Handelsblatt Research Institute ...
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News briefsUnited Sports Brands with new CEO
Source: United Sports Brands Phil Gyori, Chief Executive Officer California-based United Sports Brands (USB), the parent company of Pearl Izumi, Shock Doctor, McDavid, Cutters, Nathan and Glukos, has appointed Phil Gyori as its new Chief Executive Officer. His appointment comes in the weeks following the acquisition of ...
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News briefsFila Holdings promotes Fila USA President Klein to Global Brand President
Source: Fila Holding Todd Klein Fila Holdings announced a new leadership structure on Jan. 8, naming Todd Klein, President of Fila USA, as the new Global Brand President. Klein will report to Fila Holdings and join the board of Fila Luxembourg, a wholly owned subsidiary of Fila ...
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News briefsFIP and FEP to collaborate in Spain
The International Padel Federation (FIP) and the Spanish Padel Federation (FEP) have joined forces to hold the FIP’s Platinum and Gold tournaments in Spain, to be organized in conjunction with the federations of the country’s autonomous regions. Platinum tournaments have a prize pool of €120,000, and Gold tournaments have a ...
