News Briefs – Page 131
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News briefsAsics has become an official sponsor of the World Athletics Athlete Refugee Team
Asics has become an official sponsor of the World Athletics Athlete Refugee Team. Through the new partnership, which will run until 2026, Asics will offer training, competition kits, and footwear for the elite and U20 refugee teams. In addition, the partnership includes access to Asics training facilities around the world. ...
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News briefsYoon Ahn adds nightlife-inspired approach to Nike football product
Source: Nike Nike x Ambush WC23 football and chainlink top and skirt In her latest collection, Tokyo-based Ambush designer and Nike collaborator Yoon Ahn puts sportswear, footwear and culture front and center while promoting fashion and self-expression – whether in the Ambush multiverse, on dance floors around ...
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News briefsAmazon’s Marketplace remedies satisfy UK regulators
The Competition and Markets Authority (CMA), the British competition watchdog, said the offer from Amazon to change the way it treats third-party sellers using its Marketplace platform in the UK addressed its competition concerns. “The CMA’s preliminary view is that the offer from Amazon addresses its competition concerns, and ...
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News briefsEssilorLuxottica signs indefinite global license with Kodak
EssilorLuxottica and Eastman Kodak Company have announced the signature of a perpetual, worldwide license agreement granting the Italo-French group the exclusive right to use the Kodak brand for all products and services connected to its business. The brand has been part of the group’s portfolio of lenses since 2010 and ...
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News briefsLVMH has become a premium partner of Paris 2024
Luxury conglomerate LVMH has become a premium partner of the Paris 2024 Olympic and Paralympic Games in an unprecedented partnership that “will contribute to heightening the appeal of France around the world,” Bernard Arnault, chairman and CEO of LVMH, said in a statement. The terms of the agreement were not ...
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News briefsMike Ashley is reportedly eyeing an outlet shopping village near Leeds
British billionaire Mike Ashley, the founder of Sports Direct, has reportedly offered nearly £50 million (€58.4m) for Junction 32, according to The Times. Junction 32 is an outlet shopping village on the outskirts of the U.K. city of Leeds, in Yorkshire. The shopping destination, which features a retail space of ...
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News briefsPadel Trend Expo preparing for its second edition
The second edition of Padel Trend Expo is scheduled for Jan. 19-21, 2024, at Allianz MiCo in Milan, Italy. Last year’s inaugural edition drew about 100 exhibitors and 18,000 visitors, some 2,000 of whom set foot on the six available pádel courts to take classes with professional coaches or try ...
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News briefsUEFA publishes ambitious ESG strategy for Euro 2024
Less than a year from the start of UEFA Euro 2024, scheduled to take place in Germany from June 14 to July 14 next year, the governing body has published the “UEFA Euro 2024 Environmental, Social and Governance (ESG) Strategy.” The UEFA European Championship is the third-largest sporting event worldwide, ...
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News briefsCastore is Britain’s second fastest-growing company, according to the Sunday Times
Castore, the sportswear brand backed by tennis star Andy Murray, has been named the second fastest-growing private company in Britain, according to The Sunday Times Hundred 2023 rankings. Recruitment firm Join Talent tops the list. Castore experienced annual sales growth over three years of 285.8 percent, according to the figures ...
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News briefsXero Shoes hires new Chief Product Officer
Following the retirement of Dennis Driscoll after a nearly 50-year career in the footwear industry, Xero Shoes has hired Michael Pao as its new Chief Product Officer, effective immediately. Pao joins Xero from Timberland, where he served as Vice President of Global Merchandising. In his 20-year career, the former professional ...
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News briefsLeki celebrates 75 years
Leki is continuing to celebrate its 75th anniversary with an online flipbook 75 Years of Leki: A look back on the company history, the Lenhart family legacy, and 75 years of innovation and growth. A collection of 75 Years of Historical Photos has also been released to mark the occasion. ...
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News briefsAdidas joins Fashion For Good’s footwear recycling pilot
Fashion for Good has launched a new pilot with brand partners, including Adidas and footwear recycling innovator FastFeetGrinded, to test and validate footwear recycling processes and to support the uptake of recycled content in footwear, towards a more circular footwear industry. Globally, 24 billion shoes are added to the market ...
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News briefsLife Fitness appoints new CEO
Illinois-based Life Fitness, a portfolio company of KPS Capital Partners and global leader in commercial fitness and home recreation equipment, has appointed Jim Pisani as Chief Executive Officer, effective immediately, while his predecessor Paul Stoneham joins Life Fitness’ Board of Directors as a senior advisor. Pisani has more than 25 ...
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News briefsBank engages in financed e-commerce
Gupo Kutxabank – born in 2012 from the merger of BBK, Kutxa and Vital, three banks in Spain’s Basque Country – has launched an online shop of goods and services for its customers, TradeSport reports. Kutxabankstore, as the service is called, divides its offering into six sections: technology, mobility, household, ...
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News briefsDunlop’s sustainable new pádel ball
Source: Dunlop Dunlop has introduced its most sustainable model of pádel ball, according to Diffusion Sport and Tradesport. The Dunlop Eco Padel has a pressure-less core and a covering of synthetic felt that the company believes extend its shelf life and therefore make it ideal for occasional ...
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News briefsWheelchair-pádel tournament coming up
The association Missing Link Sport, as The Padel Paper reports, has put out a call for entrants for the 2023 International Tournament for padel-fauteuil, or wheelchair pádel, scheduled for Aug. 30 - Sept. 1 in Paris. Missing Link specializes in promoting the para-version of pádel in France ...
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News briefsSales up for H1 at Base Detall Sport
Base Detall Sport is satisfied with its performance so far in 2023, which it considers a year of stabilization and consolidation. With VAT excluded, accumulated sales for the first half amounted to about €65 million, for an increase of 13 percent year-on-year, as Diffusion Sport and TradeSport have reported. Online ...
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News briefsPentland Brands looking to establish a youth board
Pentland Brands is joining mission-led start-up The People to form a new youth advisory board at the heart of its employee experience. The group, whose brands include Speedo, Ellesse, and Berghaus, is seeking six young people under 30 in its key markets – the UK, USA, India, Vietnam and China ...
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News briefsSmart wearables and navigation app announce partnership
Smart wearables brand Amazfit, owned by Zepp Health, is now offering routing and navigation connectivity with the popular outdoor activities app Komoot. Amazfit’s proprietary operating system, the Zepp OS, already enables supporting smartwatches to connect to external apps such as Adidas Running, Strava, Relive, Apple Health or Google Fit. ...
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News briefsAdidas updates guidance after Yeezy boost
Adidas, bolstered by its first sell-off of Yeezy styles, is now forecasting a full-year operating loss of about €450 million. That total represents a 36 percent improvement from its prior guidance of an FY23 operating loss of €700 million. If additional sales of Yeezy product are successful, annual results will ...
