News Briefs – Page 153
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News briefsMoncler recognized for its “disruptive communication”
At a recent event in Milan, Moncler was chosen as an example of championing disruptive communication by Zalando and Camera Nazionale della Moda Italiana (CNMI). On March 28, Zalando, in partnership with CNMI and collaboration with fashion media brand Highsnobiety, brought together and recognized some leading members of the Italian ...
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News briefsAdidas x Gucci returns with new sneakers for spring/summer 2023
Source: Adidas Adidas x Gucci The Adidas x Gucci collection, which first launched in 2022, is back in spring/summer 2023 with a series of new sneakers that celebrate the legacies of both labels. Alongside the return of the Adidas x Gucci Gazelle, this season marks the arrival ...
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News briefsBrooks Running to invest $10 million to support young runners
Source: Brooks Brooks Running has announced that it will invest $10 million over the next five years in Future Run, an initiative to support youth in the U.S. and help them discover the benefits of the run and its community. Future Run is an evolution of the ...
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News briefsRouvy and Challenge Family athletes raise $30,000 for Turkey and Syria
In the wake of the devastating earthquakes in Turkey and Syria, more than 8,700 Rouvy and Challenge Family athletes helped raise $30,000 for the Red Cross to support those affected. The cyclists had two weeks to complete the virtual ride on Rouvy’s indoor cycling platform, with the amount raised depending ...
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News briefsShareholder lawsuit against Peloton dismissed
A federal judge in New York has dismissed a shareholder class action lawsuit against Peloton that accused the fitness company of intentionally misleading investors who lost money when the company’s stock price plunged after the pandemic. The suit was a consolidation of several shareholder lawsuits filed against the company and ...
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News briefsJD.com to spin off industrial and real estate units
Inside Retail Asia reports that Chinese e-commerce company JD.com plans to spin off its real estate and industrial units and list them on the Hong Kong Stock Exchange. In 2017, the Beijing-based company spun off its logistics unit into a separate entity and then opened its delivery and warehousing services ...
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News briefsNike develops absorbent liner that helps protect women against period leaks
Nike has created the Leak Protection: Period, an ultrathin, absorbent liner that helps protect against period leaks. The company said that periods could be a barrier to sport and movement for teens and adults, and Leak Protection is meant to provide extra comfort and confidence. Nike designers combined a two-layer ...
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News briefsDecathlon U.K. launches rental scheme nationwide
Following a successful trial last year, Decathlon is now rolling out its sports rental scheme in all its stores across the U.K. The rental scheme includes bikes, tennis rackets, paddle boards and kayaks. The retailer has committed £1 million (€1.14m) worth of products to the scheme. Decathlon tested the scheme ...
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News briefsThe Athlete’s Foot appoints Beth Greenfield as lead merchandiser and buyer
Specialty footwear and lifestyle chain The Athlete’s Foot has announced industry veteran Beth Greenfield as its new lead merchandiser and buyer. Greenfield has over 25 years of experience in retail, buying and merchandising, working for brands like Champion, Puma, Footlocker, and Citi Trends. In her new role at The Athlete’s ...
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News briefsActivist platform calls on Nike to be more transparent about supply chain labor conditions
According to Reuters, London-based activist shareholder platform Tulipshare is calling on Nike to provide more transparency about working conditions in its supply chain and disclose whether the company’s policies actually meet its stated justice goals and human rights commitments. The group, which owns 276 Nike shares and wants to help ...
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News briefsAdizero: Road To Records returns
Adidas announced the return of the third edition of its Adizero: Road To Records, which will take place on April 29, 2023. Since its debut in 2021, some of the world’s fastest runners have set two world records, one European record and nine national records – all at the Adidas ...
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News briefsPuma announces new U.S. kids collection inspired by hit show CoComelon
As previously announced, Moonbug Entertainment, a subsidiary of Candle Media, has partnered with Puma to launch a new children’s footwear and apparel collection inspired by the characters of Moonbug’s hit series CoComelon. Inspired by the popular characters, including JJ, Nina and Cody, the Puma x CoComelon collection includes five different ...
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News briefsTechnogym results driven by B2B, North America
Annual operating income increased by 4.9 percent to €82.8 million from €78.9 million for Technogym as the Italian company realized 14.9 percent constant-currency revenue growth to €721.5 million, driven by expansion in the business-to-business sector. Sales to consumers declined by 9.0 percent year-over-year to €165.4 million from €181.7 million but ...
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News briefsWolverine Worldwide announces change to Sweaty Betty reporting structure
Wolverine Worldwide has announced Sweaty Betty will now report to its London-based International Group, which is responsible for operations outside the U.S. Previously, Sweaty Betty was aligned with Wolverine’s Active Group but reported to Wolverine Worldwide president and CEO Brendan Hoffman. Sweaty Betty will now report to Isabel Soriano, president ...
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News briefsIntersport Spain has a new country director
Ángel Solores will replace Xavier Alomar as the head of Intersport Spain, effective April 1. Alomar, who joined Intersport in 2019, is leaving the company to pursue other personal projects, Intersport said. Solores has long-standing experience in sports retail and consulting after running Probike for ten years and working for ...
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News briefsFrancophone Games take place this summer after being postponed twice
The Democratic Republic of Congo (DRC) will host the 9th edition of the Francophone Games in its capital city, Kinshasa, from July 28 to Aug. 6. This edition of the Games was initially scheduled for 2021 and postponed twice, first because of the Covid-19 pandemic, rescheduled to ...
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News briefsAlibaba continues global digital talent program with global conference
The Alibaba Group has continued its global digital talent (DGT) program, an initiative to promote academic exchanges and talent incubation for global digital transformation and inclusive development. The first hybrid conference since the pandemic brought together representatives of Alibaba’s global partner educational institutions, showcasing the learnings and achievements of the ...
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News briefsAdidas withdraws opposition to Black Lives Matter trademark application
Adidas has reversed its decision to pursue an objection to a Black Lives Matter Global Network Foundation (BLM) application for a trademark with the U.S. Trademark Office. The application, from Nov. 2020, features a design including three parallel stripes. Adidas originally sought on Monday, March 27, to block the application, ...
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News briefsTech company for shoe fitting secures €14 million in funding
SafeSize, the tech company that helps consumers find the perfect fitting shoes in physical and online stores, has raised €14 million in Series B funding, with the participation of Phaistos Investment Fund as well as existing investors Convent Capital and 3TS Capital Partners. SafeSize will use this capital to expand ...
