News Briefs – Page 149
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News briefsNike Re-Creation program expands to Europe
Following on from a launch in Los Angeles in May 2022, the Nike Re-Creation program is being extended to London in April and Paris later this summer. The program collects local vintage and dead stock pieces and materials and uses them to create new, locally-designed and manufactured products per circular ...
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News briefsSports brand chosen for Vision 2045 documentary series
In 2045, the UN will celebrate its 100-year anniversary. To mark this and to show support for the UN and its objectives, TBD Media Group has brought together businesses from around the world and across industries to showcase the actions being taken today that set the standard for better practices ...
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News briefsNike develops new shoe based on observations from its Run Club app
Nike has announced the release of a new shoe made for walking, jogging and running, which was developed with insights from workouts logged on the Nike Run Club app. Source: Nike The Nike Motiva The new Motiva is the result of observations by the Nike team that ...
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News briefsWebinar on France’s EPR requirements
France’s Triman logo To mark last year’s new extended producer responsibility (EPR) laws in France, particularly the labeling legislation and the use of the “Triman” logo, we bought you an overview from our legal expert Rutger Oldenhuis. Now Irish-headquartered company Compliance and Risks – makers of an ...
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News briefsZalando opens virtual fitting rooms as pilot for millions of customers
Zalando has opened its virtual fitting room to millions of customers across its 25 markets for the first time. The pilot is part of Zalando’s Size & Fit initiatives. Customers can create a 3D avatar by entering their height, weight and gender. For a selected range of jeans (22 items ...
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News briefsMares introduces new sales director
Source: Mares Dominik Holzer Dominik Holzer is the new sales director Europe for Mares S.p.A. Rapallo. He is responsible for expanding the traditional snorkeling label Aquazone and the newly positioned swimming brand Zoggs Swim in the European direct markets of the Head subsidiary, which specializes in water ...
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News briefsLululemon promotes two employees to EVPs
Lululemon has promoted two members of its senior leadership team to executive vice presidents within the company. Susan Gelinas is the new chief people & culture officer, and Shannon Higginson now serves as chief legal and compliance officer. Gelinas joined the company in 2011 and has steadily expanded her responsibilities ...
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News briefsGoldwin launches free repair service
Source: Goldwin Japanese apparel brand Goldwin is launching its own repair service to extend the life of its products further, underscoring its commitment to sustainability. The new offer is free of charge, and the request for repair can be submitted either online or in Goldwin stores, e.g., ...
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News briefsReorganization of the Sport 2000 advisory board
In line with the dealer structure of the German retail group, Sport 2000 has reorganized its advisory board. The committee now includes a considerably larger number of representatives from specialist retail. The main task of the advisory board is to advise and work jointly with Sport 2000 management on the ...
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News briefsLululemon introduces shirts made from plant-based nylon
Lululemon has announced the launch of plant-based nylon products made in partnership with San Diego-based sustainable materials company Geno. Two short-sleeve shirts are the first in a series and part of the activewear company’s commitment to making its business fully sustainable by 2030. Geno and Lululemon used biotechnology and fermentation ...
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News briefsArchroma CEO to step down
Chemical technology expert Archroma has announced its transition plan for the role of chief executive officer. Heike van de Kerkhof, CEO since January 2020, will step down effective April 30, 2023, to pursue other professional opportunities. Mark Garrett, an experienced executive in the industry, will assume the role of interim ...
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News briefsWilson launches the eco-friendly “Gen Green” ball collection
Source: Wilson Wilson Sporting Goods, part of Amer Sports, is introducing the Gen Green collection to celebrate a new generation of the game and their commitment to planet Earth. The Gen Green range comprises basketballs, footballs, volleyballs and soccer balls made from more sustainable materials. The collection ...
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News briefsZalando to test fashion assistant powered by ChatGPT
European online fashion and lifestyle platform Zalando has announced that it will soon launch a beta version of a fashion assistant powered by ChatGPT across its web and app platforms. The OpenAI technology will allow customers to ask questions using their own words, helping them navigate Zalando’s assortment more intuitively. ...
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News briefsSporting goods sales in the U.S. grew 4.3% last year
U.S. wholesale sales of athletic footwear, apparel, sports and fitness equipment, and licensed products grew by 4.3 percent in 2022, totaling over $116 billion. This represents the second-largest percentage growth since 2010, although it also marks a pullback from the record performance of 15.8 percent in 2021. These figures were ...
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News briefsHoka launches kids’ footwear
Source: Hoka Hoka Youth Collection Hoka, a division of Deckers Brands, has launched its first-ever footwear collection for children. Designed specifically for young athletes, the “Youth” collection features kid-friendly features, an optimal fit and Hoka’s signature technologies found in its adult products. “You’ll find 100 percent Hoka ...
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News briefsAllbirds expands and extends its credit line
Allbirds reported in a regulatory filing that it has entered into an amendment credit agreement with its lender, JPMorgan Chase, that increases the committed amount from $40 million to $50 million. In addition, the amended terms include an increase in the uncommitted additional borrowing capacity from $35 million to $50 ...
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News briefsFarfetch hires new CMO
Farfetch, an Internet platform for luxury goods, announced that Nick Tran has joined the company as chief marketing officer. Tran will be based in London and will report to chief marketplace officer, Edward Sabbagh, and will oversee all global marketing functions for Farfetch Marketplaces. Tran brings more than 20 years ...
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News briefsStella Intl. Q1 sales hurt by lower shipments but ASP improves
Hong Kong-based Stella Intl. Holdings Limited suffered a nearly 26 percent drop in Q1 revenues to $277.4 million from $374.6 million. Year-over-year footwear shipments declined by 31 percent to 9.6 million pairs from 14.0 million in the year-ago period as certain sport and casual customers pulled back on ordering to ...
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News briefsLi Ning updates Q1 results
Retail sell-throughs for Li Ning, excluding the group’s Li-Ning Young business, rose by mid-single-digits year-over-year in Q1. The result was bolstered by high-single-digit growth in the offline channel and a mid-teens increase in the retail direct business. Q1 revenues to franchised distributors improved by a mid-single digit as the e-commerce ...
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News briefsJD Sports creates new global leadership position
JD Sports appointed Michael Armstrong to the newly created position of global managing director to drive growth and advance expansion plans internationally, particularly in the North American and European markets, to become the “leading global sports-fashion powerhouse.” Armstrong will work under CEO Régis Schultz to oversee JD’s strategic direction, business ...
