News Briefs – Page 11
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News briefsIOC sets up working group on the protection of the Fundamental Principles of Olympism
The IOC Executive Board reaffirms sport as a beacon of hope and peace.
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News briefsJordan Brand honors Lucha Libre in new footwear collection
Jordan Brand’s El Vuelo shoe range connects sneaker fans and Mexican wrestling fans around the world.
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News briefsNew Balance opens expanded Central Maine factory
The expansion represents a $65 million investment.
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News briefsXponential Fitness divests Lindora stake
Xponential Fitness, a global franchisor of boutique health and wellness brands, has completed the divestiture of Lindora to Next Health Management Group. “The Lindora divestiture will allow Xponential to focus the Company’s time and capital on our core fitness modalities with the greatest impact to our profitability,” says Mike Nuzzo, ...
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News briefsCambodia sets wage increase for 2026 garment workers
Cambodia raises garment wages to $210 for 2026.
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News briefsIn 2025, US footwear distributors and retailers expect to pay $2bn in import duties
“That number is tracking now to be about $5 billion at the end of the year,” says Matt Priest, FDRA’s President and CEO.
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News briefsLondon Sneaker School launches footwear design platform
The new Kickback platform aims to democratize footwear design and production.
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News briefsFanatics expands its partnership with the NFL
The merchandise giant has become the official partner of the NFL’s upcoming 2025 games in Dublin and London.
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News briefsReusch relocates to new Milan headquarters and logistics facility
The new HQ is located in Vignate, near Milan.
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News briefsAmer Sports growth targets driven by Arc’teryx expansion
The group sets aggressive 2030 revenue goals for its flagship brand while accelerating global retail expansion.
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News briefsMacron’s first lifestyle collection premieres
Macron O.N.E. (Own. Nothing. Else.) wants to combine a high-end lifestyle collection with Italian design and the highest level of comfort.
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News briefsActive Brands Group and Imbox in new partnership deal
The two companies can now the offer its retail customers Imbox’s patented services in protection of footwear and headwear.
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News briefsPuma share price jumps amid takeover rumors involving Adidas, CVC and ABG
Takeover rumors around Puma have intensified, with reports linking the brand to CVC, ABG and Adidas.
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News briefsJD opens new stores in New Zealand and Australia
The store openings have brought JD’s total number of stores to 72 in the ANZ region.
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News briefsDecathlon Germany pushes teamsport ambitions with Icon League sponsorship
The team Two Stripes United will be outfitted with Kipsta jerseys and footwear.
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News briefsSupertri acquires Blenheim Palace and New Jersey State Triathlons
These events rank among the largest triathlons globally.
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News briefsAsics’ new head office in Tokyo
The office is designed to promote activity-based working and foster collaboration between different teams at Asics.
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News briefsLululemon executive joins Best Buy’s board
Best Buy has appointed Meghan Frank, CFO of Lululemon, to its Board of Directors.
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News briefsThirtyTwo enters snowboard binding market and signs new athlete
The Snowboard boot specialist expands into the binding segment with the launch of its first binding line.
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News briefsBoard veteran and former Nike exec joins Vuori’s board of directors
Andrew Campion “brings a unique perspective”, Vuori’s CEO Joe Kudla said.
