News Briefs – Page 165
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News briefsDecathlon signs Spanish mobility manifesto
Decathlon has signed the Manifesto for Active Mobility, one of four such documents put forth by a public-private joint partnership in Spain called (in translation) The Future of Mobility. (The other three concern multimodal mobility, urban logistics and electric mobility.) The objective is to decarbonize transport so as to “generate ...
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News briefsBabolat increasingly focusing on padel
In an interview with French online sport publication Sportbuzzbusiness.fr, Babolat’s sales director, Olivier Plancon, said that the company now expects padel to become nearly as relevant for the company as tennis, which remains its main sales driver. Padel currently accounts for 25 percent of Babolat’s business in Europe, and 20 ...
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News briefsZwift raises $620 million from backers
Zwift has raised $620 million from backers including Amazon’s Alexa Fund, KKR & Co. and Permira Holdings. According to Bloomberg, Zwift expects these investments to enable it to increase subscription prices, reach the milestone of ten million subscriptions (from roughly one million), take the company public and eventually invest in ...
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News briefsIronman broadens inclusivity with new divisions
Ironman has announced its updated 2023 global competition rules for the Ironman and Ironman 70.3 Triathlon Series, which will include new and modified athlete divisions focused on broadening inclusivity. The PC Open/Exhibition division has been expanded to include athletes with an intellectual disability, creating the Physically Challenged/Intellectual Disability (PC/ID) Open ...
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News briefsSiux signs retail deal
Siux has reached a deal for the sale of its pádel racquets throughout Spain via Tennis-Point, according to CMDsport. At present the retail chain operates nine physical stores, located in the provinces of Madrid, Barcelona and Valencia. The largest is in Madrid, followed by the one in Alfafar (Valencia) and ...
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News briefsHow Nike is celebrating LeBron James
Nike’s marketing team score with their recognition of athlete’s unbelievable achievement
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News briefsWhat the Adidas and Les Mills partnership is about
Adidas and Les Mills have joined forces to shape the future of training. The collaboration aims to offer adiClub’s 300 million plus members a personalized approach to fitness, both live and digital, as well as exclusive benefits and immersive experiences. The latest high-performance training apparel, footwear and accessories from Adidas ...
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News briefsUnder Armour and Volumental hope to improve shoe satisfaction
Under Armour is to beta-test a self-service version of the 3D foot scanners from Volumental in dedicated in-store, co-branded spaces. Designed for a shopper-led experience, the service will allow customers to take their own measurements and pinpoint the best-fitting model for their feet. A global rollout is planned for 2023 ...
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News briefsFIBO to increase space for wellness sector
At the coming FIBO trade show, taking place on April 13-16 in Cologne, the world of wellness and spas will get more space alongside the established big fitness industry players. A new meeting point spa & wellness in hall 8 will offer exhibition space as well as an agenda of ...
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News briefsHelly Hansen participates in International Ski Patrol Day celebration
For the second year, International Ski Patrol Day will be celebrated on Feb. 10 to honor the work of ski patrols around the world who work to ensure an open and safe skiing experience. Helly Hansen is participating in the day by collecting 5 percent of the proceeds from its ...
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News briefsDivestment of more brands from JD Sports to Frasers group
In the ongoing divestment of 15 of JD Sports’ non-core, U.K.-based fashion businesses to the Frasers Group, the transaction has been completed for five more brands: Tessuti, Scotts, Choice, Giulio and Cricket. The company expects to complete the divestment of Topgrade Sportswear later. According to JD Sports, Rascal Clothing Ltd. ...
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News briefsValencian firm aligns with PPA
Already the official court provider for the World Padel Tour (WPT), Padel Galis has struck a deal to become the first official supplier of courts and grass to the Professional Padel Association (PPA), according to CMDsport. The deal’s terms will give professional players a say in the official court’s design. ...
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News briefsSaucony turns 125 and celebrates with new release
Saucony is celebrating its 125th anniversary with the release of its “lightest, fastest and energy-efficient shoe.” Endrophin Elite Source: Saucony The Endorphin Elite combines PWRRUN HG foam with an articulated and forked carbon plate, an upper of knitted fabric and mesh, and a “race-ready” midfoot webbing. The ...
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News briefsMoncler pushing "co-creator" element in its latest Genius event
This year will mark a redefinition of the Moncler Genius project, characterized by its evolution “from a world of fashion collaborations to a platform for co-creation across different industries,” the company said. Moncler will introduce this year’s roster of co-creators at The Art of Genius, a live show at the ...
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News briefsAmazon Q4 revenues top forecasts while profit decreases
Amazon posted net sales of $149 billion for its fourth quarter ended Dec. 31, 2022, for a 9 percent increase compared with the fourth quarter of 2021. Revenues topped forecasts and were driven by “a record-breaking holiday season,” the company said. As previously reported, the company expected net sales in ...
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News briefsAuthentic Brands Group partners with Global Citizen
Authentic Brands Group and Global Citizen, an international advocacy organization on a mission to end extreme poverty, have announced a multi-year alliance. The four-year partnership, described as “the first-of-its-kind for both companies,” will include the creation of an exclusive brand mark for consumer products, marketing activations, donation programs and more. ...
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News briefsParis 2024 sports director resigns for personal reasons
Jean-Philippe Gatien has resigned from his position as sports director of the Paris 2024 Olympic and Paralympic Games organizing committee. According to Insidethegames, which first reported the news on Jan. 27, Gatien stepped down due to “personal reasons.” Aurélie Merle, executive director of sports competition and deputy sports director on ...
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News briefsGermany and France imagine a “year of sport” at latest meeting
A Franco-German Council of Ministers celebrated the 60th anniversary of the Elysée Treaty in Paris on Jan 22 – a treaty of friendship between France and West Germany, signed by President Charles de Gaulle and Chancellor Konrad Adenauer on Jan 22, 1963 at the Élysée Palace. The recent Council of ...
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News briefsSport Voswinkel replaces half of its management duo
On August 1, 2023, Ralf Lehmkuhl will join the management of Intersport member Sport Voswinkel (a German retail company currently operating 35 stores) as a co-CEO together with Marcus Neul. Lehmkuhl joins Voswinkel from Karstadt Sports, where he was most recently responsible for SportScheck’s controlling. According to Voswinkel, a particular ...
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News briefsJD Sports leaves South Korea, but plans major expansion in U.S. and Europe
JD Sports is leaving South Korea after five years in the market, according to multiple press sources. The decision has reportedly been made in connection with the negative impact of the Covid-19 pandemic. The British sporting goods retailer operated in South Korea through a partnership with Shoemarker, and opened its ...
