News briefs – Page 12
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News briefsSports organizations pledge to first-ever international “Sports for Nature Framework”
Twenty-three sports organizations, including the International Olympic Committee (IOC) as a founding partner, have signed the first-ever Sports for Nature Framework. The signatories commit to protecting and avoiding damage to important species and habitats, restoring key ecosystems, creating sustainable supply chains, and educating and inspiring the wider sporting community to ...
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News briefsFINA rebrands as World Aquatics
The International Swimming Federation (FINA) has become World Aquatics following a vote in Melbourne on Dec. 12 at an extraordinary congress on the eve of the World Swimming Championships (25m) 2022. Founded in 1908, FINA controls the development of aquatic events in swimming, water polo, diving, artistic swimming, high diving ...
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News briefsMove City Sport to continue as a biennial event
The organizers of Move City Sport have announced a second edition of the event, which is set to take place on Oct. 23-24, 2024, in Bergamo, Italy. The announcement comes on the heels of the success of the inaugural show, which was held earlier this year, also in Bergamo, on ...
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News briefsPeloton executives accused of insider trading by shareholders
A lawsuit filed in Delaware Chancery Court by Krikor Arslanian on behalf of Peloton shareholders accuses 12 current and former Peloton executives, including co-founders John Foley and Hisao Kushi, of insider trading. The executives sold $500 million worth of stock last year despite allegedly knowing about the safety problems with ...
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News briefsChina eases Covid restrictions
China announced a general relaxation of Covid-19 health rules, authorizing patients with mild symptoms and for asymptomatic cases to quarantine at home. Previously, such cases were sent to mass quarantine centers. The National Health Commission also indicated that negative PCR test results would no longer be needed for domestic travel ...
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News briefsUN Resolution highlights power of sport to achieve peace and sustainable development
The United Nations (UN) General Assembly in New York adopted on Dec. 1 a consensus resolution that recognizes the power of sport to expand sustainable development and inspire young people around the planet. The text is titled “Sport as an enabler for sustainable development.” In his opening remarks, the president ...
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News briefsKappa introduces its first U.S. Ski & Snowboard collection
Kappa’s first U.S. Ski & Snowboard collection has hit the brand’s stores and related online outlets. The range – the activewear version of the race outfits worn by the athletes on the U.S. team – comprises a ski jacket and pants, a fleece sweater, an ultra-light ...
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News briefsFESI renews president, elects board
The Federation of the European Sporting Goods Industry (FESI) held its general assembly at an unusual location, this year’s ISPO Munich, to mark the show’s post-lockdown reopening. At the meeting, FESI reappointed president Neil Narriman for a new three-year term and elected a new board, with representatives from five brands ...
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News briefsNew joint IOC-WHO program to promote physical activity
The International Olympic Committee (IOC) and the World Health Organization (WHO) have launched a new joint program to strengthen the role of sport in contributing to reducing physical inactivity and fostering active lives. According to a recent report by the WHO, 81 percent of adolescents and 27.5 percent of adults ...
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News briefsGerman sports retailer association VDS elects new board
At the annual meeting of the Verband Deutscher Sportfachhandel e.V. (VDS) in Munich, the board of directors was unanimously elected, including two new members: President Stefan Herzog, Munich Jochen Schnell, Pforzheim (new) Katrin Hanel, Oschatz (new) Honorary president Werner Haizmann, Stuttgart Treasurer Harrison Kahlert, Hildesheim Mark Antonius Rothe, Berlin ...
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News briefsInfantino to remain FIFA president for four more years, delivers bizarre speech in Qatar
Gianni Infantino has emerged as the only candidate for the next election in March and is therefore set to head FIFA for another four-year term beyond the 2026 World Cup. Infantino was first elected to the top role of football’s global governing body in 2016 to replace Sepp Blatter, and ...
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News briefsHDE elects Intersport Germany CEO to be the new president
On Nov. 16, the delegates of the German Retail Association (HDE) elected Alexander von Preen as the new president by a large majority. The assembly of retail entrepreneurs thus followed a corresponding proposal made by the HDE board in June of this year. Previously, the previous association president Josef Sanktjohanser ...
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News briefsFrance’s government focuses on sports employment
France’s ministers of labor, sports, and education and vocational training – Olivier Dussopt, Amélie Oudéa-Castéra and Carole Grandjean – have signed a roadmap document to accelerate professional integration through sport. Sport currently represents 448,000 jobs in France, namely 2.2 percent of the country’s overall salaried workforce. It is also a ...
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News briefsIOC confirms Singapore to host first Olympic Esports Week in 2023
The International Olympic Committee (IOC) has confirmed that the first Olympic Esports Week will be held in Singapore from June 22-25, 2023. The announcement is the next major step in supporting the development of virtual sports within the Olympic Movement and deepening collaboration with competitive gamers. In partnership with the ...
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News briefsIOC launches Climate Action Awards
The International Olympic Committee (IOC) wants to recognize National Olympic Committees (NOCs), International Federations (IFs) and Olympians and Paralympians for effective projects to combat climate change and has launched the Climate Action Awards to do just that. Supported by TOPs (Worldwide Olympic and Paralympic Partners), Airbnb, P&G and Deloitte, the ...
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News briefsAmazon helps seize fake sports apparel and other counterfeit products in China
Amazon has announced the identification and disruption of three counterfeiting operations in China’s Guangdong and Jiangxi provinces, thanks to a collaboration between the local public security bureaus (PSBs) and intel provided by Amazon’s Counterfeit Crimes Unit (CCU). Chinese law enforcement seized more than 240,000 counterfeit items, including fake sports apparel, ...
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News briefsLaureus 2022 Sport for Good Index released
Laureus, the global organization that celebrates sporting excellence and the power of sport to transform the lives of children and young people, has unveiled the second edition of the Laureus Sport for Good Index. The Index, developed in partnership with sports media and events company SportsPro, highlights the brands that ...
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News briefsAndrea Varnier set to become the new CEO of Milano Cortina 2026
Andrea Varnier is set to become the new CEO of the organizing committee of the Milano Cortina 2026 Winter Olympic and Paralympic Games. Varnier was chosen for the role by Italy’s minister of sports, Andrea Abodi. His appointment will not be official until Italian prime minister Giorgia Meloni approves it. ...
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News briefsPeloton and Echelon settle all pending litigation
Peloton Interactive, Inc. and Echelon have settled all pending litigation between them, Peloton said in a press release on Nov. 8. All pending actions are dismissed. As a result of this global settlement, Echelon has agreed to cease using Peloton’s patented leaderboard technology in on-demand courses. The parties indicated they ...
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News briefsGermany decides on energy price cap, effective 2023
German energy price caps announced by Chancellor Olaf Scholz to mitigate the impact of inflation will go into effect in early 2023, according to a government timetable. The gas price effect is set to go into effect on Jan. 1 for large companies and on March 1 for households and ...
