News Briefs

  • perfect-moment
    News briefs

    Perfect Moment reports Q3 results

    2024-03-28T15:31:00Z

    London-based luxury lifestyle brand Perfect Moment, which completed a NYSE IPO on Feb. 8, reported a 69 percent drop in operating income to $728,000 from $2.32 million for the period ended Dec. 31. Year-over-year net income fell by 63 percent to $1.2 million from $3.27 million. Total revenues declined by ...

  • alibaba-logo-elements
    News briefs

    Alibaba logistics unit Cainiao drops IPO plans

    2024-03-28T12:38:00Z

    Alibaba announced that its logistics subsidiary Cainiao Smart Logistics Network Limited has withdrawn its initial public offering and listing application on the Hong Kong stock exchange. The Chinese online retailer plans to offer minority shareholders of Cainiao, including employees, the possibility to sell all their shares for $0.62 per share, ...

  • 24SS_PR_TS_Football_Federation-Refibre-Kits_Combined_Home_Product_KV_00001_16x9_1920x1080 kopiera
    News briefs

    Puma unveils 2024 national team kits with sustainability at the core

    2024-03-28T12:20:00Z

    Source: Puma Puma has launched its latest National Team Home and Away kits for 2024, showcasing designs that pay homage to each nation’s heritage. The Authentic versions boast Puma’s Ultraweave technology, while the replica jerseys are crafted using Puma’s Re:Fibre recycling innovation. Re:Fibre represents Puma’s commitment to ...

  • Decathlon-logo-
    News briefs

    Decathlon partners with Blue Light Card to offer discount to frontline workers

    2024-03-28T10:54:00Z

    Decathlon is extending its support to frontline workers by offering a special discount through the Blue Light Card program, providing valuable savings on a range of essential products. The sports retailer is offering a 10 percent discount on a carefully selected assortment of items to NHS, social care, ambulance, police, ...

  • Canada-Goose-Logo-PNG
    News briefs

    Canada Goose to reduce corporate roles at its head office

    2024-03-28T08:59:00Z

    Canada Goose is planning to cut about 17 percent of its global corporate roles in a cost-cutting push. The layoffs are set to involve about 156 jobs at its corporate headquarters, according to Reuters. Between April 2021 and April 2023, the company nearly doubled the number of employees at its ...

  • Golf-Ireland
    News briefs

    Golf Ireland announces new sustainability plan

    2024-03-28T08:59:00Z

    Golf Ireland, the governing body for golf in Ireland, has launched its Sustainability Action Plan “Drive the Green” for 2024 to 2027. Golf Ireland assists the 379 affiliated golf clubs cross the country on their sustainability journey, both on and off the golf course. The new action plan is designed ...

  • XX-XY-Athletics
    News briefs

    Former Levi’s president Jennifer Sey launches XX-XY Athletics

    2024-03-28T08:58:00Z

    Jennifer Sey, the former Levi’s Global Brand President, is launching her own direct-to-consumer athletic apparel brand, XX-XY Athletics. The new brand is meant to offer premium casual athletic clothing while also focusing on a message that recommends “being brave, telling the truth, and protecting women’s sports.” No athletic or fitness ...

  • Newcastle-United
    News briefs

    Mike Ashley sues Newcastle United over replica shirts for 2024/2025

    2024-03-28T08:58:00Z

    Mike Ashley, the founder of Sports Direct, is suing Newcastle United over next season’s kit. Ashley owned the football club for 14 years, between 2007 and 2021. He has taken legal action against the club for “stopping his Sports Direct empire from selling their replica shirts” in favor of rival ...

  • Nike-mobile
    News briefs

    Nike teams up with Fortnite for Air Max Day celebration

    2024-03-28T06:06:00Z

    Nike and the video game Fortnite have teamed up once again, unveiling their latest collaboration as part of the “Air Max Day” festivities. Tuesday night marked the debut of the Airphoria Vol. 2 map within the gaming universe, showcasing Nike’s Dynamic Air technology featured in the new Nike Air Max ...

  • PUMA_Logo_Standard-No1
    News briefs

    Puma pairs with anime

    2024-03-27T09:46:00Z

    Puma has struck a licensing deal with an anime series, One Piece, and thus presumably with some combination of the Japanese manga artist Eiichiro Oda, the Japanese publishing company Shueisha and the Japanese animation studio Toei Animation, part of the Toei Company. One Piece was recently adapted for live action ...

  • On Running
    News briefs

    On sets sail: Partnering with Alinghi Red Bull Racing

    2024-03-27T09:46:00Z

    Introducing Cloudregatta, engineered for the open sea.

  • Revelyst-PinSeeker
    News briefs

    Revelyst acquires PinSeeker

    2024-03-27T09:15:00Z

    Revelyst, the outdoor product segment of Vista Outdoor Inc. that will become a stand-alone public company later this year, has finalized its acquisition of PinSeeker, a leading simulator off-course golf and connectivity app previously under the Wasserman portfolio. “The PinSeeker team is thrilled to begin our next chapter as part ...

  • Skärmavbild 2024-03-26 kl. 15.56.00
    News briefs

    Jordan Brand’s World Of Flight opens in Beijing, unveiling exclusive collection

    2024-03-27T07:42:00Z

    Source: Jordan Brand Jordan Brand’s World Of Flight retail concept has landed in China, marking its inaugural debut in Beijing’s Sanlitun district. This new location will serve as the exclusive launch site for the ”Jordan Wings” collection, initially introduced in March and available solely in the Greater ...

  • ABG Boardriders
    News briefs

    Authentic Brands Group nearing deal for Boardriders brands in Europe

    2024-03-26T14:22:00Z

    Authentic Brands Group is on the verge of finalizing a partnership deal for the Boardriders brands in Europe.

  • lululemonathleticalogovector_470603
    News briefs

    Lululemon opens up store in Stockholm

    2024-03-26T09:29:00Z

    Canadian yoga and fitness brand Lululemon is set to open its doors at a new store on Biblioteksgatan 9 in Stockholm – in a property that has been rebuilt after a fire in 2017. “We are thrilled to welcome Lululemon to our rebuilt property in Bibliotekstan. The brand will bring ...

  • International Labour Organization
    News briefs

    Illegal profits from forced labor rose 37% since 2014, ILO report finds

    2024-03-26T09:05:00Z

    Forced labor in the private economy generates US$236 billion in illegal profits per year, according to a new study from the International Labour Organization (ILO). The total amount of illegal profits from forced labor has risen by 37 percent since 2014, fueled by a growth in the number of people ...

  • Technogym-12311887-log1
    News briefs

    Strong B2B growth, product mix fuel growth for Technogym

    2024-03-26T09:05:00Z

    Bolstered by double-digit sales increases across all segments of its B2B (commercial) business, Technogym reported record FY23 revenues of €808 million, up 12 percent year-over-year, and record adjusted Ebitda to €152 million for the 12 months ended Dec. 31. Annual operating income grew more than 17 percent to €97.4 million ...

  • Lenzing-logo-1
    News briefs

    Lenzing announces concept to support sustainable glacier protection

    2024-03-26T07:05:00Z

    The Lenzing Group has announced an innovative concept that is meant to contribute to the sustainable protection of our glaciers while inspiring a circular economy in the nonwovens and textile value chain. Geotextiles are used to protect ice and snow from melting due to global warming. However, the nonwovens ...

  • PUMA_Logo_Standard-No1
    News briefs

    Puma unveils Jamaican Olympic kits

    2024-03-25T15:53:00Z

    Puma has unveiled the Jamaican Olympic Association kits at the ISSA Boys & Girls Championships in Kingston, Jamaica. “In their truest form, these kits are an expression of speed. Speed has always been Puma’s vantage point. It is what enables us to see the game differently, challenge convention, and create ...

  • Allbirds
    News briefs

    Allbirds announces new international distribution deals

    2024-03-25T15:53:00Z

    Global lifestyle brand Allbirds has announced definitive agreements with distributors in the Gulf Countries and Southeast Asia. Alyasra Fashion will be the exclusive Allbirds distributor in the Gulf countries while The Primer Group of Companies will distribute Allbirds’s products across Malaysia, Singapore, Indonesia and the Philippines. Alyasra Fashion is a ...