News Briefs – Page 58
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News briefsAllbirds reduces Q2 operating loss, moves forward with international plans
Allbirds improved its year-over-year Q2 operating loss by 32 percent.
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News briefsFirst look of Foot Locker´s new EMEA distribution center
There is quite a lot going on for Foot Locker outside their home market in the US. One year ago the company appointed a new GMO for EMEA. Foot Locker has published the first images of the company´s new European distribution center in Haps, the Netherlands. This new distribution center ...
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News briefsSuperdry partners with Reliance Retail to launch athleisure line in India
The strategic move follows the formation of a joint venture in October.
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News briefsQuiksilver and Boardriders veteran Greg Healy is stepping down
Damian Campbell is taking over as interim President for Liberated APAC, replacing Healy, who is stepping down after nearly 30 years.
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News briefsChanges in Amazon Black Friday deadline for sellers
Sellers need to send their Black Friday products to Amazon one week earlier than in 2023.
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News briefsExecutive board member leaves Adidas after 27 years
Martin Shankland has informed Adidas AG’s Supervisory Board of his intention to step down from the Executive Board and leave the company after 27 years with the brand.
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News briefsAlo Yoga opens new flagship store in London
The US activewear brand continues its global expansion by opening a second London flagship store.
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News briefsAuthentic signs licensing partners for Ted Baker
Authentic Brands Group has announced that it has signed three foundational licensing partners for Ted Baker in the US and Canada.
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News briefsUpcoming leadership change at Bogner
CEO Gerrit Schneider will leave the German company at the end of the year. The company is looking for “strong partners” to continue investing in growth.
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News briefsNike and JD Sports roll out connected loyalty program to the US
The companies are expanding their connected loyalty program to the US to enhance the customer experience and underscore JD Sports’ growth ambitions in North America.
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News briefs11teamsports recruits Chief HR Officer from Adidas
The German sporting goods retailer appointed a new, experienced HR manager.
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News briefsNSGA has a new Business Development Director
The National Sporting Goods Association promoted Hayley Fansler to further advance NSGA’s strategic initiatives and strengthen industry relationships.
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News briefsZuckerberg talks mainly about AI in Meta’s Q2 earnings call
Meta’s CEO emphasizes his company’s advances in artificial intelligence and reports a 22% revenue increase in Q2.
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News briefsIronman Group appoints new Managing Director of Oceania
Michelle Pepper takes over the role from Geoff Meyer, who has just retired.
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News briefsNike launches new Artist Collection
The debuting 2024 collection with Anna Deller-Yee features floral designs in a bold but soft mix of colors and textures.
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News briefsJD Sports store in London Stratford is the chain’s top performer
The newly refurbished store achieves the retailer’s highest turnover globally.
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News briefsPuma ranks first in Fashion Revolution report on decarbonization strategies
The sportswear brand ranks first out of 250 major fashion brands and retailers.
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News briefsEtsy reports mixed Q2 amid strategic growth initiatives
The online marketplace recorded a mixed Q2. Despite a slight decline in total sales and net profit, the focus was on the gifts segment, which drove sales growth.
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News briefsYue Yuen sees recovery taking shape
Yue Yuen expects H1 profitability to surge, driven by improved capacity utilization, increased footwear shipments and a focus on efficiency.
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News briefsBasicNet’s H1 Ebitda falls by 22 percent
The Italian group ended the first six months with €-93.1 million and forecasts H2 results to be flat year over year.