News Briefs – Page 34
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News briefsGrendene Q4 net rises by 36%
Domestic sales increased 9 percent to R$829.4 million (€136.9m).
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News briefsLululemon announces Lewis Hamilton as a new brand ambassador
The seven-time F1 world champion is also internationally admired as a style leader.
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News briefsWorld Boxing gets provisional IOC recognition
World Boxing was publicly launched in April 2023.
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News briefsPuma and Brooks settle running-shoe patents and trademark dispute
Both companies reportedly asked to dismiss the cases with prejudice, to ensure they cannot be reopened.
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News briefsNike opens a new store in Madrid
The store is located at walking distance from the Santiago Bernabéu stadium.
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News briefsA1 Padel has a new official court
The company courts will now be installed for the purpose elsewhere in Spain.
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News briefsNew CCO at Gymshark
Continuing its US expansion, Gymshark has promoted its General Manager of North America to the role of Chief Commercial Officer.
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News briefsSwiss brand On opens a store in Newport Beach
Measuring 530 square meters, It is the brand’s largest store in the US.
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News briefsBurton Snowboards and Leica collab on a camera
The brands have produced an exclusive special edition of the instant camera.
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News briefsSports Emotion hires former Nike manager as Demand Planning Director
Gerard Martinez Costa spent over ten years at Nike, from 2010 to 2021.
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News briefsNew Chairman joins Decathlon
Fabien Derville has a successor as Chairman of the Board at Decathlon.
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News briefsAuction puts The Hundred’s value over €1bn
Ownership of The Hundred, the UK cricket league so named for its unique 100-balls-a-side style of play, has complexified.
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News briefsXebio operating profit rises by 30% for nine months
Net profit attributable to owners of the parent rose by 21 percent to ¥3,925 million (€24.7m).
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News briefsA glimpse of Saudi padel
Saudi Arabia is the Middle Eastern country with the highest number of padel players. Over the next five years (by 2030) Saudi Arabia hopes to register 5,000 players in local competitions.
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News briefsSports Direct owner Frasers Group abandons XXL ASA bid
Frasers Group will not pursue a voluntary offer for shares in XXL ASA at NOK 10 (€0.86) per share.
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News briefsFabletics aims to elevate its supply chain with new tech solution
The active lifestyle brand aims to evolve its end-to-end planning, allocation and replenishment with Blue Yonder, a solution from the supply chain and retail expert company Plantensive.
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News briefsOrganizing Committee created for the French Alps 2030 Olympics
The General Assembly also voted in favor of Edgar Grospiron as its President.
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News briefsAnta signs MoU with Hong Kong Research Institute of Textiles and Apparel and the China Textile Academy
The collaboration is meant to accelerate technology transfer toward pilot tests and trials.
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News briefsKontoor acquires Helly Hansen for $900m
Kontoor expects Helly Hansen to generate more than $680 million of revenue and $80 million of adjusted Ebitda for full-year 2025.