News Briefs – Page 148
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News briefsIntersport to acquire Go Sport
The commercial court of Grenoble has come to a decision with respect to Go Sport Group, ruling today in favor of Intersport France’s bid for the company, according to BFM Business. Making its offer in a joint venture with the Qatari firm Al-Mana, Intersport has prevailed over about 20 companies ...
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News briefsAnta Sports publishes Supplier Sustainability Management Handbook
Chinese group Anta Sports has published its Supplier Sustainability Management Handbook, a 97-page document that “applies to all suppliers and their subcontractors relating to production, processing, storage, and distribution of brand products under Anta Sports.” The document includes a series of guidelines to ensure compliance with the ...
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News briefsUnder Armour sued over midsole patents
Athalonz, LLC, a company that distributes golf and baseball shoes, has filed suit against Under Armour in the East Texas District Court, accusing the company of infringing patents on its Hovr, Curry 4 FloTro and Harper 7 models for specially shaped midsoles with variable foam density designed to provide wearers ...
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News briefsUEFA is considering Champions League final in the U.S.
In an exclusive interview with Men in Blazers, a soccer-focused media company in North America, UEFA president Aleksander Čeferin said that the UEFA Champions League final could be held in the U.S. in the future as UEFA seeks to capitalize on the sport’s rising popularity in the country. The Champions ...
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News briefsNike to open new 1,200 sqm concept store in the U.K.
Nike will open a new, digitally focused, 1,200-sqm store in Manchester, U.K., in the city’s Arndale shopping center. The two-story store will focus on the Nike Rise concept, which uses digital services to empower athletes to make sport a daily habit, according to RetailGazette.co.uk. Manchester Arndale is one of the ...
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News briefsFanatics appoints new head of investor relations
Fanatics, the world’s leading digital sports platform, has just hired a new head of investor relations with experience in publicly traded companies. Deborah Crawford, most recently VP and head of IR at Meta, has been named SVP and head of investor relations at Fanatics, rumored for years to be planning ...
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News briefsAmazon winds down its line of Halo health and fitness devices
Amazon has announced that it will stop supporting Halo, effective July 31, 2023. In practical terms, it means that beginning on Aug. 1, 2023, Halo devices and the Halo app will no longer function. The decision was due to “significant headwinds, including an increasingly crowded segment and an uncertain economic ...
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News briefsVista Outdoor PAC donates $85,000 to five nonprofits
Vista Outdoor has announced that it will donate $85,000 in unused funds from the Vista Outdoor Political Action Committee (PAC) to five American-based nonprofit organizations. The funds will be split evenly between the Congressional Sportsmen Foundation, National Interscholastic Cycling Association, Recreational Boating and Fishing Foundation, American Junior Golf Association, and ...
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News briefsFrasers Group to introduce loyalty scheme across all brands
Frasers Group, the owner of Sports Direct, is set to launch a new membership program called Frasers Plus in the U.K. market. Speaking at the World Retail Congress in Barcelona on April 26, Frasers Group’s chief executive, Michael Murray, described the solution as the retailer’s version of Amazon Prime. Frasers ...
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News briefsAlpargatas’ CEO to step down
Brazilian footwear and apparel group Alpargatas, owner of flip-flop sandal brand Havaianas, informed its shareholders on April 27 that members of the board of directors have received the resignation letter of Roberto Funari, the company’s CEO. As a result, the board has decided to appoint Luiz Fernando Ziegler de Saint ...
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News briefsHDE: German retail expected to lose 9,000 doors in 2023
Following the Covid years, the retail sector in Germany is set to lose 9,000 more stores (across all consumer goods segments) in 2023, according to a forecast by the German Retail Association (HDE). Increasing vacancies in many city centers are making locations less attractive and putting more businesses at risk. ...
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News briefsPádel high over Manhattan’s 57th Street
Emerging from a field of more than 20 firms, Padelgest has won the contract to build a pádel court inside the so-called Steinway Tower, according to CMDsport. This building, the world’s slenderest skyscraper by the ratio of its base to its height (1:23), forms part of a complex called 111 ...
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News briefsSympatex offering "No to PFAS" webinar on action and alternatives
Sympatex has announced its latest webinar, “No to PFAS,” to be held on May 4, 2023, at 10:30–12:00 CEST. Katy Stevens (EOG), Lisa Skedung (RISE) and Jonatan Kleimark (ChemSec) will give an overview of specific PFAS restriction consequences in the textile industry, current PFAS alternatives, the concrete procedure of ECHA’s ...
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News briefsBritish MPs write to Frasers Group against use of facial recognition cameras
A cross-party collection of nearly 50 Members of Parliament and peers have written to Frasers Group, the owner of Sports Direct, condemning the use of “live facial recognition” cameras in the group’s stores, The Guardian has reported. The parliamentarians have described the technology as “invasive and discriminatory,” urging the group ...
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News briefsIronman and L’Equipe Group form new partnership in France
Ironman and L’Equipe Group have announced a new broadcast partnership that will see L’Equipe provide live coverage in France for 12 Ironman races in 2023. These will include both the men’s and women’s editions of the VinFast Ironman World Championship triathlon in Nice, France – the first time since the ...
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News briefsWorld Rugby puts women’s rugby at the heart of its growth plans
World Rugby, the global governing body for the sport of rugby union, has announced details of Accelerate, a new framework for the development of women’s rugby. Accelerate will see the international federation form bespoke partnerships with national unions, governments and brands to raise standards on and off the field. The ...
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News briefsAW LAB launches new store concept in Italy
Sneakers and lifestyle retail chain AW LAB has introduced a new retail concept in its Italian stores in Rimini, Viareggio, Rome, Verona and Carini. The new store concept, developed in partnership with London-based agency TRC, is meant to provide a contemporary feel and enhance the shopping experience. The retail concept ...
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News briefsNew Balance teams up with gaming platform Rival
New Balance is joining forces with gaming platform Rival to give the gaming community special access to the brand through athletes, ambassadors, exclusive products and unique experiences. This spring, New Balance will launch its presence on Rival through a Rocket League tournament. Gamers and fans of the brand will compete ...
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News briefsJD Sports appoints two non-executive directors
Following last week’s appointment of Michael Armstrong as the company’s first global managing director to further drive the group’s growth and achieve its goal of becoming the “leading global sports-fashion powerhouse,” JD Sports has appointed Angela Luger and Darren Shapland to the board as non-executive directors. Luger will join the ...
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News briefsNike boosts digital transformation with IT service provider Cognizant
U.S.-based IT service provider Cognizant Technology Solutions has entered into a new agreement with Nike to transform and support the sporting goods brand’s technology operations. Building on the two companies’ 14-year relationship, this new agreement will consolidate several of Nike’s existing IT support functions, with Cognizant supporting Nike across more ...