News Briefs – Page 135
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News briefsInterim CFO of HanesBrands assumes permanent role
Source: HanesBrands Scott Lewis Champion’s parent company HanesBrands announced that Interim Chief Financial Officer Scott Lewis has been appointed Chief Financial Officer, effective immediately. Lewis will also continue in his role as Chief Accounting Officer, a position he has held since 2015. A 17-year veteran of HanesBrands ...
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News briefsCrocs sues former employee over company secrets
Crocs has sued former executive Kellen McCarvel and his company Joybees in a Colorado district court. The company alleges McCarvel left Crocs with several thousand highly confidential trade secrets that he downloaded onto a personal thumb drive and then used to build a competing shoe company. Some of the documents ...
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News briefsApparel brand Kit and Ace bought by Unity Brands
Unity Brands Inc., a brand management and consulting firm, has acquired the Canadian technical lifestyle and apparel brand Kit and Ace Technical Apparel Inc. With the acquisition, Unity Brands aims to “propel Kit and Ace into a future marked by enhanced strategic initiatives, expanded market presence, amplified brand campaigns, elevated ...
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News briefsIronman CEO to retire
Andrew Messick has announced that he will be retiring in 2023 from his position as president and CEO of The Ironman Group. Following the recruitment of a new CEO, he will remain a stakeholder and member of the board of directors. Messick joined The Ironman Group in 2011. Before that, ...
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News briefsReport highlights investment needed in materials supply chains for net-zero conversion
Global decarbonization goals have sparked a “materials transition.” A new report by management consulting firm McKinsey & Company explains the actions that will be required in materials supply chains to safeguard the speed of the transition. According to the report, with the decarbonization trajectory trending toward 2.4°C, ...
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News briefsDance performance in Paris introduces “next era for Nike Women”
Source: Nike A scene from “Goddess Awakened” featuring pieces from Nike x Feng Chen Wang On July 5, Nike hosted Goddess Awakened, an outdoor performance in Paris to celebrate the power of womanhood through movement and style, in collaboration with New Zealand dancer, choreographer and Nike partner ...
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News briefsThe FA launches new five-year sustainability strategy
The Football Association (FA), the governing body of English associative soccer, has announced a new five-year sustainability strategy. Dubbed “Playing for the Future,” the new strategy sets the body’s environmental ambitions until 2028 and beyond. The plan focuses on three core areas: “Shoot for net zero,” aiming to achieve ...
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News briefsCanada Goose to launch its first sneaker collection
Canada Goose is introducing its first-ever sneaker line on July 18. Called The Glacier Trail, the sneakers, which will debut in both a low-cut version as well as a high, for men and women, have been described by the brand as intersecting style and performance for versatile, multi-seasonal wear. The ...
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News briefsLPGA sponsors reap up to 400% return on their investment, suggests new report
Brands that sponsor the Ladies Professional Golf Association (LPGA) are gaining up to a 400 percent return on their investment, according to a report from global sports and entertainment intelligence platform SponsorUnited. The report was compiled using SponsorUnited’s proprietary platform, based on data from 1,200 brands, 75 athletes and nearly ...
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News briefsBrooks enters resale market with ReStart program
Brooks Running has launched a new program reselling refurbished used Brooks footwear in the U.S.. The ReStart program will sell “lightly used” running shoes at three quality levels: “Like New,” “Great,” or “Good” condition. The move is part of Brooks’ sustainable consumption strategy in support of the United Nations Sustainable ...
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News briefsAI design helps Canterbury create the lightest boot yet
Rugby brand Canterbury has launched the lightest and most advanced rugby boot the brand has ever made. The Speed Infinite Elite boot weighs just 217 grams (about the same as an iPhone); a 28 percent reduction in weight compared with the previous generation, achieved using AI-powered design. The Speed Infinite ...
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News briefsKMD’s CFO to resign
KMD Brands Chief Financial Officer Chris Kinraid has announced his resignation, effective December 2023, after nine years with the group to take a position as Chief Executive Officer at Hallenstein Glasson Holdings, an Auckland, New Zealand-based men’s and women’s fashion retailer also listed on the New Zealand Stock Exchange, with ...
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News briefsJapanese gain better access to sports merch on Rakuten
License Global reports that Fanatics has opened its first online marketplace in Japan, on Rakuten Ichiba, operated by global Internet services provider Rakuten Group, to provide fans across Japan with access to licensed sports merchandise. Japanese sports fans can access Fanatics’ range of licensed sports merchandise here. The store currently ...
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News briefsCoDi’s longtime director C. Sean Day retires
Compass Diversified Holdings (CoDi), the Connecticut-based owner of several sporting goods brands, including Boa Technology, 5.11, Marucci Sports, PrimaLoft and Velocity Outdoor, announced that C. Sean Day has retired from the company’s Board of Directors effective June 30, 2023, for personal health reasons. Day joined the board in 2006, coinciding ...
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News briefsCoats sells European zips business to Aequita
Shortly after the company announced the launch of a new footwear division, Coats Group, the British multinational specializing in the manufacture of yarns and structural components for apparel and footwear, announced the sale of its Opti Zips EMEA business to Aequita for an expected $1 million after the deduction of ...
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News briefsJannik Sinner brings Gucci bag to Wimbledon’s Centre Court
Italian tennis player Jannik Sinner became the first-ever player to carry a non-white luxury branded bag, as opposed to a bag from a technical sponsor, onto a Wimbledon court on July 3. Sinner is an ambassador for Gucci. The custom bag, created by the Italian fashion house with the player, ...
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News briefsHighsnobiety lays off 10% of its workforce
Highsnobiety has laid off around 10 percent of its workforce – around 24 employees – across several departments, including editorial, commerce, data and marketing, according to Business of Fashion. Breaking the news, BoF cites Highsnobiety Founder and CEO David Fischer and Chief Operating Officer Jürgen Hopfgartner as blaming unfavorable ...
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News briefsVivobarefoot tests digital platform for personalized footwear
Footwear and lifestyle brand Vivobarefoot is introducing VivoBiome, an experiential platform for personalized, circular, locally assembled footwear. Each VivoBiome product can be tailored to the customer’s needs and preferences. The VivoBiome footwear uses SLS 3D printing and artificial intelligence (AI) data. Vivobarefoot is looking for 200 Brits to try the ...
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News briefsAdidas’ Executive Board Member resigns
Adidas has announced that Amanda Rajkumar, 51, member of the company’s Executive Board and Labor Director of Adidas responsible for Global Human Resources, People and Culture, has decided not to extend her executive board mandate beyond Dec. 31, 2023. The termination of Rajkumar’s appointment as an executive board member is ...
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News briefsTrusTrace releases a second industry playbook featuring Asics
TrusTrace has released its second industry playbook, The Traceability Roadmap: A practical, step-by-step guide to implementing traceability in supply chains. With the free Traceability Roadmap, businesses can find out how to define needs, set goals, outcomes, success indicators, and return on investment to ensure cross-functional buy-in. The ...
