News Briefs – Page 121
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News briefsArmada, Atomic and Salomon recall ski touring bindings
Ski equipment manufacturers Armada, Atomic and Salomon have issued a voluntary and precautionary product recall for a specific production run of the “Tracer”, “Backland” and “MTN” bindings. The manufacturers say it has become apparent that, under certain conditions, the spring guide axle on the toe piece of the binding could ...
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News briefsInditex gets an H1 boost
Inditex improved its profitability by 40.1 percent in the first half of the year, which ended on July 31. According to Diffusion Sport, the Galician textiles firm’s net income amounted to €2.513 billion on revenues of €16.851 billion – themselves up 13.5 percent. Sales were up on- and offline and ...
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News briefsWorld Boxing announces four new member federations
World Boxing, the international federation set up in April 2023 to rival the International Boxing Association (IBA), has announced a new cohort of members. Four new federations have joined the organization – Denmark, Panama, Mongolia and French Polynesia – taking World Boxing’s membership up to 16. Denmark is the sixth ...
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News briefsGoldman Sachs creating sports franchise division
Financial services firm Goldman Sachs is developing a new global division called Sports Franchise in Investment Banking, according to The Wall Street Journal, which first reported the plan, and other press sources. The new division is meant to offer wealthy clients worldwide more opportunities for investment in teams and other ...
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News briefsFanatics signs Harry Kane to exclusive memorabilia deal
England captain and Bayern Munich striker Harry Kane has signed a multi-year memorabilia partnership with Fanatics. Under the terms of the agreement, Fanatics will become the sole distributor of Kane’s collectibles, autographs and memorabilia, including match-used boots and shirts. The 30-year-old is the first British athlete to partner exclusively with ...
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News briefsSolinski no longer CEO of Sport 2000 France
After 11 years in the role, Stéphane Solinski is no longer the CEO of Sport 2000 France.
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News briefsRoots celebrates its 50th anniversary with Barbie
Source: Roots Roots teams up with Barbie for the Candian brand’s 50th anniversary Canadian lifestyle brand Roots is celebrating its 50th anniversary with an exclusive apparel and doll collaboration with fashion icon Barbie. The two brands will launch Sept. 15, 2023, to inspire Barbie and Roots fans ...
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News briefsHey Dude fined by US consumer protection agency
Crocs-owned brand Hey Dude has agreed to pay $1.95 million to settle allegations by the US Federal Trade Commission (FTC) that it misled consumers by suppressing negative reviews, including more than 80 percent of those that did not award four or more stars. The FTC accuses the company of violating ...
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News briefsFootasylum adopts new retail concept in larger store
Footasylum, leading British retailer of branded fashion and footwear, has moved to a new and improved retail space at the Lakeside Shopping Center in England, where it previously occupied a space of around 300 sqm. The new 900-sqm space features a refreshed store concept that seeks to create a mobile-first ...
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News briefsIceberg enters golf apparel and accessories market
Iceberg has signed a licensing deal for golf apparel and accessories with Korean firm Amcr, the owner of high-end golf clothing brand AmazingCre. The new licensed collection, which is part of a five-year partnership agreement with Amcr, comprises men’s and women’s golf apparel and accessories. The line will launch with ...
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News briefsGolden Goose posts 21% sales growth in H1
Italian luxury sneaker brand Golden Goose saw its revenues reach €276.4 million in the first half of 2023, representing a 21 percent increase from the same period in 2022 and a 65 percent jump from the first half of 2021. Sales grew double-digit in all the main markets. Sales were ...
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News briefsSaysh launches first performance running sneaker
Source: Saysh The Felix Runner Saysh, the lifestyle brand founded in 2021 by Olympian Allyson Felix and her brother Wes, is introducing “The Felix Runner,” a new women’s sneaker and the brand’s first performance running shoe. While the Saysh One was primarily designed for walking and light ...
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News briefsFormer Puma MD for India & Southeast Asia to buy India’s largest athletic footwear manufacturer
Source: Puma Abhishek Ganguly India Retailing has reported that Agilitas Sports, co-founded by former Puma India & South East Asia Managing Director Abhishek Ganguly, will acquire Mochiko Shoes for an undisclosed amount. Agilitas Sports is a platform for sportswear and athleisure solutions, while Mochiko is India’s largest ...
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News briefsTrans skater Baker’s own Nike signature shoe
Source: Nike Non-binary skate pro Leo Baker The new Nike SB React Leo is a nod to iconic shoes from the Nike vaults and Leo Baker’s favorite skate staples. The result, according to Nike, is a genderless, minimalist mid-top skateboarding shoe that combines modern technology, personalized details ...
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News briefsLululemon unveils Casual collection for fall
Traditionally known for its activewear, Canadian brand Lululemon has unveiled a new casual collection that aims to “solve the unmet needs in your everyday wardrobe and elevate the essentials.” The new Fall 2023 Casual collection features classic basics that provide comfort and confidence and features several new items not previously ...
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News briefsSkechers football boots now available
Source: Skechers Skechers SKX_01 In recent weeks, fans around the world have watched Harry Kane on the pitch, scoring multiple goals for his new club Bayern Munich while wearing Skechers football boots. Now Skechers has launched the boots, for which Kane is an ambassador, in stores in ...
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News briefsAdidas presents fashion-forward LFSTLR collection
Source: Adidas Supporting the growing Blokecore fashion trend, Adidas has unveiled its new LFSTLR jersey collection featuring the third jerseys of the 23/24 season from some of its leading clubs, reinterpreted as fashion-forward lifestyle streetwear. LFSTLR, the “most wearable soccer jersey,” blurs the lines between soccer performance ...
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News briefsZalando launches Stories
Source: Zalando Storys on mobile In close collaboration with Highsnobiety, Zalando has introduced “Stories” on its platform. Curated editorial content is seamlessly linked to the shopping experience in visual formats, such as short videos, and is intended to serve as a new source of inspiration for customers. ...
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News briefsNike shareholders reject human rights proposals
At Nike’s annual meeting on Sept. 12, shareholders rejected proposals calling for more detailed reporting on employee pay by race and gender and better tracking of forced labor and wage theft risks in the company’s supply chain. The wage gap proposal came from Arjuna Capital and was supported by proxy ...
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News briefsColourWear taps Unify Brand Partnerships for UK distribution
ColourWear has teamed up with UK distribution company Unify Brand Partnerships to expand its presence in the UK active and outdoor market. The lifestyle brand is the shared passion of three board and freeski enthusiasts from Gothenburg, Sweden, who in 2010 said, “Enough with the grey!” Fredrik Abrahmson, Thor Kruse ...
