News Briefs – Page 120
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News briefsBabolat will open a padel innovation center in Spain
French equipment maker Babolat has announced that it is investing in a new padel technical center in Spain. The new unit, located in Sant Fruitós de Bages, about one hour from Barcelona, will be used by the brand as a studio for testing and developing its own padel racquets while ...
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News briefsBrooks launches running shoe made from partially recycled materials on path to net zero
Source: Brooks Running Green Silence Ghost 15 With the introduction of the Green Silence Ghost 15, Brooks takes another (running) step toward its net-zero emissions goal in 2040. 39.4 percent of the shoe is made from recycled materials, including 80 percent of the upper. Both represent the ...
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News briefsGulden comments on Kanye West incident on podcast
Nicolai Tangen, CEO of Norges Bank Investment Management, interviewed Bjørn Gulden, CEO of Adidas, on his podcast “In Good Company” on Sept. 13. The boss of the world’s second-largest sporting goods company said during the interview, among other things, that Kanye West may not have meant his anti-Semitic statements as ...
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News briefsAmer recovers in Spain
After two years of dips, Amer Sports Spain seems to have inverted the curve in 2022, falling just shy of the €60 million or so in revenues it was generating before the lockdowns came into force. According to the VAT-free figures that CMDsport has gathered from Spain’s commercial register, the ...
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News briefsGolden Goose could be next to go public
The private equity Permira has hired a financial advisor to study an initial public offering (IPO) on the Milan stock exchange for Golden Goose, according to the business newspaper Il Sole 24 Ore. The advisor is believed to be a US investment bank present in Europe. The IPO could be ...
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News briefsFreitag celebrates 30 years with a fake turned original
In the fall of 1993, two brothers made bags from used truck tarps in a Zurich apartment. Today, this has grown into a company that puts unique recycled bags on the road from Europe to Asia. The idea is to keep used materials in circulation for as long as possible ...
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News briefsAdidas opens new state-of-the-art automated distribution center in China
Adidas has partnered with Geek+, a specialist in mobile robots for logistics, to announce the opening of its state-of-the-art automated distribution center in Suzhou, China. The 139,000-sqm fully automated warehouse and distribution center sets a new industry standard with its high level of speed and flexibility in warehouse logistics. It ...
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News briefsBiotech company MycoWorks opens US factory for leather alternatives
Biotechnology company MycoWorks has begun production at its 12600-sqm factory in Union, South Carolina, making it the world’s first large-scale leather alternatives factory. The facility is capable of producing large quantities of the alternative leather material produced with Fine Mycelium technology. MycoWorks currently counts Hermès and General Motors among its ...
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News briefsSportmaster launches Russia’s first sporting goods marketplace
Russia’s largest sporting goods retailer, Sportmaster, has rolled out the country’s first marketplace focused exclusively on the sale of sporting and outdoor goods. The service was launched on Sportmaster’s website in the form of a separate page. The marketplace does not yet have a standalone name, and so far only ...
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News briefsDecathlon opts for internal solution for Germany CEO succession
Source: Decathlon Arnaud Sauret Following the promotion of long-time German CEO André Weinert to CEO for Central, Eastern and Southeastern Europe (CESEE), the French sporting goods retailer and manufacturer Decathlon has appointed Arnaud Sauret as his successor with immediate effect. Sauret has been responsible for Decathlon’s growth ...
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News briefsRoger Federer’s last Grand Slam-winning outfit up for sale in historic tennis auction
Source: Prestige Memorabilia Roger Federer’s 2018 Australian Open match worn and signed outfit Prestige Memorabilia announced an auction of tennis memorabilia culminating in an exclusive piece of tennis history: Roger Federer’s match-worn outfit from his landmark 20th Grand Slam victory at the 2018 Australian Open. The win ...
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News briefsPickleball becomes official in Spain
Spain’s tennis federation (RFET) has incorporated the sport of pickleball. It has, in consequence, established a committee to handle pickleball-related matters and chosen the leader of pickleball’s Spanish association, Roberto Pérez, to preside over it. RFET’s chairman, Miguel Díaz Román, acknowledging pickleball’s fast growth in Europe, says the RFET seeks ...
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News briefsHead of operations out at Pádel Nuestro
Pedro Martínez, head of new business at Pádel Nuestro and at its parent company, 360 Padel Group, resigned at the start of September, bringing nine years of employment to a close with the overall company – as Palco23 reports. Martínez served first, for most of 2015, as Padel Nuestro’s head ...
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News briefsHanesBrands evaluates strategic options for its Champion brand, weighs potential sale
HanesBrands has announced that its board and executive team are assessing strategic options for the global Champion business, including “a potential sale or other strategic transaction,” the company said in a statement. That does not mean that the assessment process will result in any particular transaction or strategic outcome regarding ...
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News briefsAnta signs sustainable business initiative at SDG summit
Chinese sportswear maker Anta Group announced that it has signed the “Business in Action—Sustainable Industrial Development Commitments” during the Second United Nations Sustainable Development Goals (SDG) Summit, the highest-level United Nations summit in the field of sustainable development, which was held on Sept. 18-19 in New York. Furthermore, Anta Group’s ...
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News briefsNew Asics President, more executive changes
Asics Corp. has announced the appointment of Mitsuyuki Tominaga as its new President and Chief Operating Officer, effective Jan. 1, 2024. Tominaga currently serves as the company’s Managing Executive Officer, Chief Data Officer and Chief Information Officer. Before joining Asics, he held leadership roles at SAP Japan, Works Applications America ...
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News briefsPatagonia releases new neoprene-free wetsuits with more stretch and comfort
The US magazine Surfers reports that Patagonia has released a redesigned line of its Yulex neoprene-free wetsuits. After searching for a way to get rid of neoprene – a synthetic rubber – since 2008, the outdoor brand released its first neoprene-free line of wetsuits in 2014, made from natural Yulex ...
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News briefsHuntsman develops first liquid TPU for the footwear industry, easy to process and circular
Source: Huntsman U.S. chemical company Huntsman has developed a liquid thermoplastic polyurethane (LTPU) that enables the rapid production of high-performance midsoles and aligns with the ambitions of brand-name manufacturers of athletic and casual footwear. The Smartlite® O LTPU system is easier to process than expanded forms of ...
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News briefsNike x Feng Chen Wang: Unconventional and sustainably-minded
Source: Nike Transform Jacket, Nike x Feng Chen Wang Nike and Chinese-born, London-based designer Feng Chen Wang have unveiled their first collaboration. It sees them break with conventions of apparel construction to reinterpret sportswear pieces as highly functional blends of different cultural and design elements, led by ...
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News briefsFormerly pure e-tailer predicts a record year
Deporvillage appears to have returned to double-digit growth in revenues and has accordingly raised its revenue forecast for the current year from €163 to €170 million, according to Modaes and Palco23. Should the crystal ball prove accurate, the retailer will surpass the record year of 2021 with its late-Covid euphoria. ...