News Briefs – Page 150
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News briefsAmer appoints new group CFO
Source: Amer Sports Andrew Page Andrew Page has been appointed group CFO of Amer Sports and a member of the executive committee, effective April 20. Page reports to chairman and CEO James Zheng. He comes with three decades of leadership experience in finance and accounting. After starting ...
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News briefsFrench courts to decide Go Sport’s fate
According to multiple sources in the French press, the fate of Go Sport and its parent, Groupe Go Sport, lies in the hands of the commercial court of Grenoble, the city for which the sporting-goods retailer is named (Grenoble Olympique Sport). Go Sport’s owner Hermione, People & Brands (HPB) has ...
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News briefsTwitter top sports executive steps down
TJ Adeshola, head of global content partnerships at Twitter, has announced that he is leaving the social media company after more than a decade. Adeshola was in charge of establishing relationships between Twitter and sports leagues and brands. He joined Twitter as a senior account manager in August 2012 before ...
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News briefsDecathlon extends partnership with food co-op VéGé in Italy
Decathlon has confirmed its partnership with VéGé Group, an Italian food cooperative, on a national project to support amateur sports associations. The project, which was first launched in 2022, provides financial support for clubs, gyms and sports associations, with the objective to supply sports apparel and equipment for amateur sports ...
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News briefsCeferin re-elected as UEFA president
Aleksander Ceferin was re-elected as UEFA president by acclamation at the 47th Ordinary UEFA Congress, which was held in Lisbon on April 5. Ceferin, a 55-year-old Slovenian lawyer, will serve a further four-year term, his third as president of the continental sport governing body. Ceferin’s election did not come as ...
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News briefsNike’s .SWOOSH platform drops first virtual collection
Source: Nike .Swoosh OF1 poster Nike has announced the launch of the Our Force 1 (OF1) collection, co-curated by the .SWOOSH community and built for the digital generation. Last November, Nike launched its new digital member platform for virtual creations called .SWOOSH. The platform, which has since ...
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News briefsFor now, chain in Madrid to expand only online
The watchwords for this year at Deportes Halcón are recovery and stability. CMDsport has spoken with its director of finance and marketing, Sandra Benito, according to whom sales for first-quarter 2023 at the four-store chain in Madrid are more or less flat. “The market,” she says, “is not easy.” Suppliers ...
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News briefsOrthoLite Cirql hires director of development and commercialization in Vietnam
OrthoLite, a manufacturer of branded footwear with high performance, sustainability and comfort, has announced Marc Kronenberg as director of development and commercialization for OrthoLite Cirql™. OrthoLite Cirql is a plastic-free, recyclable, biodegradable and industrially compostable foam technology for footwear and a patented footwear solution that enables brands and factories to ...
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News briefsShiffrin listed in Time’s 100 most influential people of 2023
After surpassing Ingemar Stenmark’s 1989 record for the most Alpine World Cup victories ever to become the most successful skier of all time (or the sport’s “GOAT”) in March, American skier Mikaela Shiffrin has now been named one of Time’s 100 most influential people of 2023. Source: Team ...
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News briefsLululemon could be eyeing sale of Mirror
After acquiring Mirror for $500 million in 2020, Lululemon Athletica, Inc. may now be looking into selling the company, according to a report from Bloomberg, which in turn cites sources “familiar with the matter.” It has not been confirmed, however, whether this is indeed the case. Lululemon bought Mirror in ...
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News briefsRussian market lost nearly 20% of fitness equipment suppliers
Since March 2022, almost every fifth fitness equipment supplier from Europe and the U.S. has curtailed operations in the Russian market. Currently, a large share of fitness equipment is imported to the Russian market through parallel import schemes, a study conducted by the Russian National Fitness Community (NFS) showed. For ...
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News briefsSprinter expands in the Netherlands
Sprinter has opened a 532-sqm store in Tilburg and will soon open a 1,000-sqm store in The Hague, raising its Dutch total to six. Both will have Player Service, in which sports teams can have their name and logo screen-printed on apparel. The Spanish retailer operates in its home country ...
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News briefsPou Chen to invest $280 million in India
The Indian state government announced April 17 that a subsidiary of the world’s largest maker of branded athletic footwear, Pou Chen, will invest 23 billion rupees (€256 million) to set up a manufacturing plant in Tamil Nadu. The Taiwanese footwear maker, which sells brands such as Nike, Adidas, New Balance ...
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News briefsCrocs’ EVP, chief legal and risk officer to retire next year
Daniel P. Hart, Crocs’ EVP, chief legal and risk officer, announced on April 11 his intention to retire from the company, effective April 1, 2024. Hart joined Crocs in June 2009. He is currently responsible for overseeing the company’s legal affairs and risk management program. Hart joined Crocs after serving ...
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News briefsMizuno revamps R&D at HQ
Mizuno has opened a new 6,500-sqm building for R&D at its world headquarters in Osaka. The I+D+i: Mizuno Engine, as it is called, has cost about 5 billion Japanese yen (€34m); has a sewing room, an adhesive/painting room, a 3D workshop, an environmental test room, an impact-test room, a gymnasium, ...
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News briefsFrance will invest up to €5 million to promote women’s football, adding to existing funds
Philippe Diallo, interim president of the French Football Federation (FFF), and Jean-Michel Aulas, member of the FFF executive committee and the owner of French football club Olympic Lyonnais, presented on April 13 a new plan to promote elite women’s football in the country. The budget that the FFF allocates to ...
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News briefsFrench Government to distribute 400,000 free tickets for Paris 2024
The French Government will distribute around 400,000 tickets for the Paris 2024 Olympic and Paralympic Games under the “Tous aux Jeux” scheme, which is meant to make the events accessible to all. Around 100,000 of these tickets will be distributed for the Olympic Games and a further 300,000 for the ...
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News briefs361 Degrees updates Q1 results
Retail sales of core 361 Degrees products rose by a low-teens percentage in Q1, the Chinese company reported. Also, retail sales of 361 Degrees Kids branded products increased by 20 to 25 percent, and overall e-commerce sales were up 35 percent year-over-year.
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News briefsDecathlon Ireland has a new CEO
French sporting goods retailer Decathlon has appointed Elena Pecos as the new chief executive of its Irish business. She takes over the role from Bastien Grandgeorge, who had led Decathlon Ireland since 2017 and is now at the helm of the French Decathlon business. Pecos joined Decathlon in 2006 as ...
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News briefsAdidas among the top European cross-border e-commerce retailers
Brussels-based Cross-Border Commerce Europe (CBCommerce), the platform that stimulates cross-border e-commerce in Europe, has released the fifth edition of “TOP 500 Cross-Border Retail Europe,” a research paper that ranks the 500 strongest European players with a focus on cross-border performance. Adidas Group took the 10th spot in the latest edition ...
