News Briefs – Page 158
-
News briefsAthleta brand now available in the U.K. on next.co.uk
Sports and activewear brand Athleta is now shoppable in the U.K. and Ireland via Gap Inc.’s joint venture with Next. Athleta offers 100 styles ranging from joggers and sweat tops to shorts, sports bras, leggings, tank tops and waterproof outerwear on next.co.uk. Gap acquired Athleta in 2008. The joint venture ...
-
News briefsBasicNet FY22 Ebitda rises by 38 percent
The parent company of Kappa, Robe di Kappa, K-Way, Superga, Sebago and other brands reported a net profit of €11.2 million against earnings of €65.7 million for the 12 months ended Dec. 31, including a €60.9 million contribution from K-Way in the year-ago period. Annual Ebitda rose 38 percent to ...
-
News briefsSport 2000 flagship store opens in Mauritius
Sport 2000 has opened a flagship store in Mauritius together with its partner, HV Group. The store, located in the Tribeca Mall Mauritius, is also the first to implement the new Sport 2000 multi-category retailer concept with over 30,000 products from more than 20 brands in around 1,000 square meters ...
-
News briefsBrazil will bid to host the 2027 FIFA Women’s World Cup
Brazil has announced plans to bid for the 2027 FIFA Women’s World Cup, the nation’s Sports Ministry announced on March 7. The other contenders are currently South Africa and a joint bid by Belgium, Netherlands and Germany. Soccer executives in the U.S. recently said they are also considering a bid ...
-
News briefsNPD and IRI unveil rebranding
IRI and NPD have unveiled a new combined company name and brand identity following their merger, which was announced in April 2022. The complex consumer behavior advisor will now be known as Circana (pronounced “Sir-kah-na”). Circana tracks millions of products spanning 2,000+ categories across 500,000+ stores in 20 countries, with ...
-
News briefsNew research identifies female runners' safety concerns
Adidas surveyed 9,000 runners internationally to understand men’s and women’s experiences and perceptions of safety when running. 92 percent of women reported feeling concerned for their safety, with half (51%) afraid of being physically attacked, compared to 28 percent of men. Over a third (38%) of women have experienced physical ...
-
News briefsGap Inc. reports drop in sales across brands, Athleta CEO steps down
Alongside reporting its fourth quarter and fiscal year (ended Jan. 28, 2023) results, Gap Inc. has announced several changes to its executive leadership teams across its daughters Old Navy, Gap, Banana Republic and Athleta. First and foremost, Mary Beth Laughton, president and CEO of Athleta, left the DTC retailer on ...
-
News briefsAllbirds appoints new CFO
Sustainable footwear and clothing brand Allbirds announced the appointment of Annie Mitchell as chief financial officer, effective April 24, 2023. She will succeed Mike Bufano, who is leaving the company but remain with it until mid-May to ensure a smooth transition. Mitchell is an experienced finance executive in the retail ...
-
News briefsPuma appoints new GM for Sportstyle unit
Source: Puma Lionel Telega Puma appointed Lionel Telega as new general manager of its Sportstyle business unit, the company’s largest division, effective immediately. A French native, Telega has been with Puma since 2004 and most recently served as global director of go-to-market. Prior to joining the company, ...
-
News briefsNew non-executive director at JD Sports
JD Sports Fashion announced that Ian Dyson has been appointed as a non-executive director, effective March 9. Dyson will serve on the audit and risk committee and the remuneration committee. He is currently chairman of Currys and has extensive experience in consumer-related industries and on the boards of public companies. ...
-
News briefsPuma signs Jack Grealish in new boot deal
Source: Puma Jack Grealish Puma has announced a new long-term partnership with Jack Grealish, the most expensive British football player ever. Grealish currently plays for Premier League club Manchester City and the England national team. The new boot deal with Puma has been described as “record-breaking” by ...
-
News briefsGerman Football Association and Fanatics expand and extend their partnership
The Deutsche Fußball Liga (DFB) and sports e-commerce giant Fanatics have announced a long-term extension to their existing omnichannel retail partnership. The expanded and extended partnership, encompassing both UEFA Euro 2024 in Germany and the 2026 FIFA World Cup, will see Fanatics retain exclusive global e-commerce rights with the DFB ...
-
News briefsFila partners with breakdance champion ahead of the sport’s Olympic debut
Fila has announced a new sponsorship agreement with Italian breaking champion Alessandra Chillemi. Breakdancing will be included for the first time on the Olympic Games’ agenda at Paris 2024. Chillemi, 23, was born in Messina, Italy, and is better known as Bgirl. She was crowned Italian Breakdancing Champion at the ...
-
News briefsNike announces changes in leadership roles
Nike has announced several senior leadership changes: Whitney Malkiel, current VP/GM of women’s, will leave the company as of March 13 and be replaced by Amy Montagne, currently VP/GM, Asia-Pacific and Latin America (APLA). Montagne has been with the Portland-based brand for 18 years. Her current role of VP/GM, APLA ...
-
News briefsGfK see 93 percent of Europeans on a spending freeze
In a recent study, market insights firm GfK shed light on the shopping behavior of European consumers in light of rising living costs and inflation. 93 percent of consumers in Europe have already adjusted their purchasing habits as household budgets are becoming tighter, according to the GfK comparison of 15 ...
-
News briefsPotential Keller Sports investor pulls out – web shop goes offline
The insolvency of Keller Sports is entering the next phase. According to a letter from insolvency administrator Christian Gerloff to Keller customers, Keller Group GmbH was unable to complete a takeover of the company by a third-party investor and has ceased operations as of March 7, 2023. The company – ...
-
News briefsNew chief diversity, equity & inclusion officer at Nike
James Loduca is to join Nike as its new chief diversity, equity & inclusion officer. Loduca has previously worked as vice president inclusion, diversity, equity and accessibility (IDEA) at Twitter, and was the director of equality at Salesforce. Announcing his new role on LinkedIn, Loduca wrote: “I’m thrilled to be ...
-
News briefsAlpargatas takes legal action over missed equity purchase payment
Alpargatas, the Brazilian footwear and apparel group, wants Carlos Roberto Wizard Martins to pay up. In a Sept. 2018 purchase and sale agreement, the investor struck a deal to acquire a 22.5 percent stake in Alpargatas S.A.I.C. from Alpargatas S.A. A first installment of the remaining purchase price equaling Brazilian ...
-
News briefsZalando reports a “healthy balance sheet” for 2022
Zalando has released its figures for 2022, stating that all financial figures came within the ranges of the updated company guidance despite a challenging economic backdrop. GMV grew 3 percent to 14.8 billion euros in 2022, with revenue stable at 10.3 billion euros compared with a year ago. Adjusted earnings ...
-
News briefsA Day for Jake to take place for fourth time
Burton is once again inviting snowboarders across the globe and in eight participating winter sports resorts in Europe to celebrate the legacy of its founder Jake Burton Carpenter, who passed away in November 2019. In-person or digital activities are planned for March 11, 2023 in the resorts of Switzerland, France, ...
