News Briefs – Page 20
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News briefsShein files for Hong Kong IPO
The fast-fashion e-commerce giant seeks Hong Kong listing to influence UK regulators amid stalled London plans.
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News briefsPerfect Moment closes float of 10m shares
Perfect Moment has closed its public offering of 10 million shares of common stock at $0.30 per share. The skiwear producer has in addition granted the underwriters a 45-day option to purchase another 1.5 million shares, to cover any over-allotments. The offering is expected to generate gross proceeds of $3 ...
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News briefsOn opens first LightSpray factory, in Switzerland
Swiss running brand On has inaugurated its first LightSpray production facility near Zurich, marking a major step toward localized, on-demand manufacturing.
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News briefsIRX 2025: Big names, hosted buyers and curated content for Amsterdam debut
As the launch of the International Running Expo (IRX) draws closer, the organizers have revealed a growing roster of confirmed speakers, exhibitors and curated networking formats.
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News briefsRobin Trebbe and Christoffer Jansén joined Al Mana
Following its 2023 acquisition of Go Sport, Qatar-based Al Mana has named Robin Trebbe as General Manager of Go Sport Franchising and Christoffer Jansén as General Manager of the Sports Division at Al Mana Fashion Group. Trebbe will oversee the expansion of the Go Sport franchise network, while Jansén will ...
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News briefsSuma sells its stake in TradeInn to Apollo
Headquartered in Girona, Spain, TradeInn generated revenues of €554 million in 2024, making about 85 percent of its sales abroad. It first crossed the half-billion mark in 2023.
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News briefsK-Way names Marco D’Avanzo head of international business
D’Avanzo was most recently at Moose Knuckles.
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News briefsNBA’s basketball-related revenue falls short this season
Players with the highest salaries will be suffering the largest pay cuts.
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News briefsLacoste appoints Eric Vallat as its new CEO
Vallat takes over the role from Thierry Guibert.
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News briefsWNBA plans three more teams
After Toronto and Portland, the league will be adding Cleveland (2028), Detroit (2029) and Philadelphia (2030).
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News briefsLululemon sues Costco
Lululemon claims Costco sold unauthorised and unlicensed apparel that uses knockoff, infringing versions of its patents.
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News briefsColumbia has opened up in Tokyo
Columbia keeps going offensive in Asia. The new store, one of the biggest in Japan, mixes natural materials like wood and stone into a sophisticated and urban setting.
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News briefsZalando boss quits, replaced by two new colleagues
Baum’s achievements during his years with the company include steering it through a pandemic and establishing the brand in several new markets.
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News briefsThe Italian Olympic Committee has a new President
Luciano Buonfiglio takes over from Giovanni Malagò as President of CONI.
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News briefsSport 2000 gets another facelift
Sport 2000 Group International has once again updated its logo. This is to be as visible on digital platforms as possible, the company said.
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News briefsHead to launch first-ever tennis shoe with Boa
Shoes and boots for running, biking, snowboarding, and more. But here is the first-ever Head shoe with Boa wrap for tennis.
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News briefsRevenue decline amid strategic restructuring for Accell Group
The Dutch bicycle manufacturer shares progress on its restructuring after a year marked by revenue decline, one-offs and supply chain adjustments.
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News briefsIndia considers scaling up circular-fiber production
India’s agricultural and textile waste is being transformed into next-generation fiber on a large scale, thanks to plans spearheaded by the Canada-based sustainability nonprofit Canopy.
