News Briefs – Page 162
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News briefsFoot Locker announces interim CFO
Following the appointment of a new CEO and the continued restructuring of its management, the New York-based sports retailer Foot Locker has announced Robert Higginbotham has been appointed interim CFO, effective March 1. Higginbotham, former VP of investor relations, was recently promoted to SVP of investor relations and financial planning ...
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News briefsOn reportedly has plans for Paris
Swiss brand On is reportedly considering opening its first store in Paris. According to Sport Guide, the Swiss sports brand has been exploring a series of potential locations in France’s capital city, in trendy and elegant districts like the Marais and Saint-Germain des Près. However, the company has not confirmed. ...
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News briefsWilson Golf president to leave
Tim Clarke has stepped down as president of Wilson Golf, according to mygolfspy.com. Clarke first joined Wilson in the 1990s and became president in 2007. Bob Thurman, global R&D director, is reportedly stepping in as interim golf GM. Wilson Golf is part of Wilson Sporting Goods and has been owned ...
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News briefsZalando announces new basic fee and marketplace commission increase
According to information from various media for online retailers, Zalando will soon be introducing a new fee schedule. Previously, the Zalando platform only charged commissions for successful sales. As of July 1, Zalando is implementing a basic fee of €480 per year for its marketplace. The basic fee applies both ...
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News briefsMarks & Spencer launches The Sports Edit on M&S.com
Following the London-based retailer’s early 2022 acquisition of The Sports Edit and ongoing investments in growth categories, including sportswear, Marks & Spencer (M&S) has now integrated the dedicated and fast-growing sportswear platform directly into its own marksandspencer.com website. According to M&S, more than 200 women’s sportswear and apparel products from ...
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News briefsPou Chen reportedly plans massive job cuts at Vietnam footwear factory
Citing two local officials familiar with the company’s plans, Reuters reports that Taiwan-based Pou Chen Corp, which makes athletic footwear for Nike, Adidas and others, plans to cut about 6,000 jobs at its Pouyuen Vietnam plant in Ho Chi Minh City due to weak demand. The plant is reportedly set ...
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News briefsDecathlon to support research on adaptation to climate change
Decathlon has become an equipment partner in the new Deep Climate study, a research project by researcher Christian Clot and the Human Adaption Institute that looks at how humans adapt to situations of change and crisis. Together, they are conducting an expedition to three extreme climates (arid/hot, cold and tropical) ...
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News briefsPulp manufacturer Renewcell with triple-digit sales growth
Renewcell, the Swedish dissolving pulp manufacturer, reported net sales of 12.6 million Swedish kronor (€1.1m) for the full year to Dec. 31, 2022, up from SEK 2.8 million (€253K) in the previous year. Through its patented process, the company produces a dissolving cellulose pulp known as Circulose from 100 percent ...
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News briefsWFSGI announces a new webinar with IP specialists
The WFSGI has announced a new webinar, “Protect your brand online.” The event is in partnership with online brand protection and IP infringement specialists, Corsearch. The “Protect your brand online: What’s new in 2023 and what is next?” webinar is in response to the rapid growth in e-commerce and digital ...
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News briefsFrench firm sues Nike for allegedly using unlicensed font
Production Systems SAS, a Paris-based design firm that conducts business under the trade name Production Type, is suing Nike for allegedly using portions of its Kreuz font software without authorization. The lawsuit was filed in a New York federal court on Feb. 13. According to the French company, Nike purchased ...
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News briefsAMSilk and Brain Biotech develop high-performance biobased protein fibers
Biomaterial specialist AMSilk, based in Munich, and industry solutions provider Brain Biotech have entered a partnership to accelerate the development of high-performance fibers for the performance materials market. AMSilk produces biotechnological materials based on renewable carbon structural proteins that are fully recyclable, biodegradable and contain no microplastics. The company’s Biosteel ...
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News briefsWilson introduces 3D airless prototype basketball
Source: Wilson NBA All-Star Game 3D Airless Prototype Wilson Sporting Goods has introduced what it claims to be the first-ever 3D airless prototype basketball. The prototype made its debut during the first round of the AT&T Slam Dunk Contest in the National Basketball Association (NBA) All-Star game ...
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News briefsHead opens licensed training center in Abu Dhabi
Head is opening a licensed padel sports training center in Abu Dhabi, the brand’s first in the Middle East, in partnership with Xische Ventures. The official inauguration is scheduled for Feb. 21. Located in Musaffah, the 2,200 sqm facility features five padel courts, a VIP court for private bookings, a ...
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News briefsFormer NikeWomen exec expected to run English women’s football
Source: LinkedIn Nikki Doucet A NewCo will likely be formed to run the Women’s Super League (WSL) and Women’s Championship in English women’s football, and Nikki Doucet has been appointed by The Football Association (The FA) as a consultant to explore this plan, the Telegraph has revealed. ...
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News briefsFiber-to-fiber consortium gets a new member
A fiber-to-fiber consortium founded in 2022 by On, Puma, Salomon, Patagonia and the green biotech company Carbios, has welcomed a new collaborative partner: Fashion company PVH Corp (which includes brands Calvin Klein and Tommy Hilfiger). According to the consortium agreement, during the two-year collaboration, member brands will test and enhance ...
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News briefsMichael Jordan’s birthday fills grassroots organization’s budget with $2.3m
Basketball legend Michael Jordan celebrated his 60th birthday on Feb. 17, 2023. On the occasion, Jordan and his namesake label Jordan Brand have donated $2.3 million in community grant awards to 48 grassroots organizations in the U.S. Besides reinvestments in five organizations from 2021, 43 new organizations were introduced to ...
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News briefsRich Paul and New Balance launch new sportswear brand
Rich Paul is entering the sportswear business. The American sports agent representing severals prominent NBA players, has announced the launch of Klutch Athletics, a new sports apparel brand “co-authored” with New Balance. Paul is the sports agent who represents LeBron James and is also otherwise known for his romance with ...
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News briefsTechnogym introduces indoor bike for several connected training apps
Technogym has announced the launch of Technogym Ride in the U.S. market. The Technogym Ride is the first bike with a 22-inch screen that allows users to easily access their favorite training apps and content with a single login, including Zwift, Strava, Rouvy, Training Peaks, and entertainment apps such as ...
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News briefsFIFA Council approves 2022 annual report, highlights record revenues
The FIFA Council has approved the Annual Report 2022, which highlights the governing body’s record-breaking revenues of US$7.6 billion during the 2019-2022 cycle and the US$11 billion expected to be earned during the 2023-2026 period. The latest meeting of the FIFA Council was held via videoconference on Feb. 14. The ...
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News briefsNew Balance’s new store in Boston features innovative retail concept
New Balance has opened a new retail location at 124 Newbury Street in the U.S. city of Boston. The store’s retail concept is “built to put people, not products, at the center of the consumer experience,” said the brand. The store, designed around central seating, is supposed to encourage customers ...
