News Briefs – Page 118
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News briefsAston Villa might terminate its partnership with Castore
Aston Villa is looking into options to cut its partnership with kit supplier Castore short, according to reports by The Telegraph, after players complained about the sportswear brand’s jerseys retaining sweat and affecting performance. Aston Villa and Castore debuted their partnership in the 2022/23 season when Castore succeeded Kappa as ...
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News briefsPuma calls on ambassadors to form the “Class of 23”
Puma, which was founded 75 years ago in 1948, has launched a beanie campaign called “Class of 23” to unite ambassadors from around the world who represent the close-knit Puma family. Each talent, from Neymar Jr. and Pamela Reif to Gianmarco Tamberi and Winnie Harlow, was captured in their own ...
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News briefsFabletics appoints new VP wholesale for Europe
California-based activewear brand Fabletics has appointed Thomas Fröhlke as its new Vice President of Wholesale Europe. Fröhlke previously spent four years as Sales Manager at UK-based Hunter Boots. With more than 14 years of experience in the industry, he has also worked at other well-known companies, including Canada Goose and ...
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News briefsAuthentic makes official WeChat debut
Authentic Brands Group has officially joined WeChat, the leading social media app in China with more than 1.6 billion active users around the world. The launch is part of a targeted strategy to expand Authentic’s corporate presence and drive the growth of its brand portfolio in the region. Through its ...
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News briefsLe Coq Sportif sees sales momentum, earnings recovery in H2
Le Coq Sportif said it is seeing sales momentum and expects to see earnings recover in the second half of the year after its top line disappointed, and losses widened in the first half. The brand reported sales of €63.2 million in the first six months of 2023, down by ...
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News briefsPGA study highlights “enormity of opportunity” for growth of women’s golf in the U.K.
A recent study carried out by U.K.-based Professional Golfers Association (PGA), in collaboration with Ipsos, has highlighted a huge opportunity to grow the women’s game in the U.K. and Ireland. The study is part of a comprehensive initiative, known as “Golf for All,” that aims to delve into the evolving ...
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News briefsWorld Boxing boosts its executive board and announces inaugural congress
World Boxing has added two new members to its executive board, Dinah Glykidis and Marketa Vochoska Haindlova. Glykidis is the CEO of Boxing Australia. Haindlova is the founder and principal of an international law firm, Marketa Haindlova, specialising in sports law. In parallel to her legal practice, she has extensive ...
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News briefsMunich basketball league team pioneers new LED floor
BMW Park, the arena in Munich, Germany, and home to the FC Bayern Basketball club, has had a giant LED display installed in the form of a glass playing floor. Never before has such a floor been used for competition in the German Basketball League (BBL), although one was used ...
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News briefsGoldwin, The North Face and others with protein product launch
The first items to be mass-produced with so-called Brewed Protein are hitting the market this autumn. As reported in June of this year, the Japanese biotech start-up Spiber has been working on what it calls its Biosphere Circulation Program, which ferments bio-based and biodegradable textiles and agricultural waste to yield ...
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News briefsXponential Fitness reconfirms partnership with Lululemon after activewear brand joins forces with Peloton
Following on from yesterday’s announcement that Lululemon and Peloton are to join forces in a fitness content and apparel deal, Xponential Fitness has released its own joint statement with Lululemon reconfirming their ongoing retail partnership. “Xponential Fitness has been a valued partner since we announced our Lululemon Studio collaboration in ...
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News briefs“Take me out to the view screen”
Major League Baseball (MLB) has streamed its first regular season game – the Los Angeles Angels vs. the Tampa Bay Rays at Tropicana Field, Tampa – through its interactive, virtual ballpark. Spectators anywhere in the world with an internet connection could watch the game in three dimensions, from unprecedented vantage ...
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News briefsChanges to Canada Goose Board and executive team
Canada Goose Holdings Inc. has announced the appointment of two new board members. Gary Saage, former Group Chief Financial Officer for the Richemont Group, and Jennifer Davis, Partner, Bain Capital Private Equity, join the Canada Goose Board of Directors, effective immediately. Davis, who brings with her decades of experience in ...
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News briefsAuthentic Brands Group furthers strategic partnership with Liberated Brands
Authentic Brands Group has entered into a new long-term agreement with its strategic partner Liberated Brands, to be the retail and e-commerce operator for its brands Quiksilver, Billabong, Roxy, RVCA, Honolua and the recently acquired Boardriders in the US and Canada. Additionally, Liberated will become the license partner and wholesale ...
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News briefsNautilus, Inc. receives stock delisting warning
Nautilus, Inc. has revealed that it received notice from the New York Stock Exchange (NYSE) that it is not in compliance with NYSE’s listing criteria. The notice, issued on Sept. 21 was given because the average closing price of the company’s stock was less than $1.00 per share over a ...
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News briefsMarks & Spencer expands its online roster of sports brands
British retailer Marks & Spencer (M&S) has added an extensive mix of womenswear products from Adidas and Sweaty Betty to The Sports Edit online platform, in line with its strategy of enhancing its Sportswear category. This latest addition brings the total number of third-party sportswear brands available on M&S.com to ...
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News briefsXtep announces brand strategy upgrade and international store opening support initiatives
Chinese sportswear company Xtep has announced its brand strategy upgrade of “World-class Running Shoes of China Xtep.” Marking a new chapter in innovation, the company launched the latest additions to its 160X running shoe series – the 160X 5.0 PRO and 160X 5.0 models. The new 160X running shoes adopt ...
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News briefsPeloton appoints new Chief Product Officer as co-Founder Tom Cortese steps down
Peloton has announced the appointment of Nick Caldwell as Chief Product Officer, effective Nov. 1, 2023. Caldwell succeeds Peloton Co-Founder, Tom Cortese, and will report to CEO Barry McCarthy, leading global product development. The connected fitness brand describes Caldwell as a Silicon Valley veteran with more than 20 years of ...
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News briefsNew study shows circular strategies can help brands grow while reducing carbon emissions
Confirming what many already suspected, a new study released by Trove and the impact intelligence platform Worldly has concluded that circular strategies can lead to significant carbon reduction in the fashion industry. The study, entitled Where Are Circular Models Effective Sustainability Strategies for Fashion Brands?, models the impact of resale ...
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News briefsGolf equipment market projected to grow at 4% CAGR by 2028
The golf equipment market, which was worth US$7.6 billion in 2022, is projected to post a compound annual growth rate (CAGR) of 4 percent during the period 2023–2028, according to a new report by Research and Markets. The growth will be primarily driven by the increasing popularity of golf, with ...
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News briefsZalando creates VP of Creative Direction role
Zalando has appointed Morten Grubak as new Vice President of Creative Direction as of Oct. 1. Grubak will be responsible for the creative direction of the Zalando brand in the newly created role. Source: Zalando Grubak, who joins from the Vice Media Group where he led the ...
