News briefs – Page 4
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News briefsBMC seeks short-time work amid market struggles
The Swiss bicycle market is facing tough times. Several brands from the Alpine country have struggled since the pandemic, with BMC being the latest on that list. Because of decreased demand, the company has filed a preemptive application for short-time work with the competent department for economy and labor in ...
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News briefsUEFA president will not stand for reelection in 2027
Aleksander Ceferin, the head of European football governing body UEFA, has announced that he would not stand for reelection in 2027 and an unprecedented fourth term at the helm of the organization. An amendment to UEFA’s statutes passed by the organization’s Congress on Feb. 8 would have ...
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News briefsSkechers celebrates dismissal of shareholder lawsuit by Delaware Court
Skechers USA. Inc. has announced that the Delaware Chancery Court has dismissed with prejudice the shareholder derivative lawsuit filed on July 21, 2022, against all current and former members of the Skechers Board of Directors named as defendants. The Court’s decision to dismiss the action with prejudice was met with ...
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News briefsFIFA unveils 2026 World Cup schedule
FIFA has announced the schedule for the 2026 World Cup, set to be split between Mexico, the US and Canada. The final of one of the world’s largest sporting events will take place at New Jersey’s MetLife Stadium, which has beat out Dallas’ AT&T Stadium for the privilege in a ...
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News briefsFigures for the 2024 Winter Youth Olympic Games
The fourth edition of the Winter Youth Olympic Games, which was held in Gangwon, South Korea, from Jan. 19 to Feb. 1, attracted more than 270,000 spectators, who could attend the Games as well as an extensive program of cultural and interactive sports activities, on offer through the “Let’s Play ...
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News briefsBullpadel victorious in commercial court
Spain’s Provincial Court of Murcia has confirmed the sentence of the same province’s Third Commercial Court against Team Sport DM S.L., the company behind the e-commerce websites padeliberico.es and padelman.net – as Diffusion Sport and others have reported. Bullpadel brought suit against Team Sport for an apparent bait-and-switch operation. As ...
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News briefsEbay slashes 1,000 jobs amid economic struggles
In a recent internal memo made public, eBay’s CEO, Jamie Iannone, announced plans to reduce the company’s workforce by 9 percent, amounting to approximately 1,000 jobs. The memo cited external challenges, including a “challenging macroeconomic environment,” as reasons for the downsizing, noting that the company’s expenses have outpaced its business ...
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News briefsSwedemount successfully confirms reconstruction plan approval
Swedemount Sportswear & Fashion AB has successfully had a reconstruction plan approved. The majority of Swedemount’s suppliers and groups of creditors voted to confirm the reconstruction plan. Johan Andgren, the Swedish company’s CEO, expresses gratitude to nearly all creditors who have supported them throughout the reconstruction plan. Andgren attributes the ...
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News briefsGolf in Spain keeps growing
The number of golf federation members in Spain reached nearly 300,000 (298,959) in 2023, 1.8 percent more than the previous year, of which 297,378 amateurs and 1,581 professionals, according to figures from the Royal Spanish Golf Federation (RFEG). Golf in Spain has experienced five years of consecutive growth, achieving a ...
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News briefsHyperice expands patent infringement lawsuits
Hyperice, a California-based wellness brand specializing in therapy technology, has filed a total of 16 new lawsuits in federal court against Sharper Image, HoMedics, Ekrin Athletics and a dozen other companies that have sold massage guns that allegedly infringe Hyperice’s patented percussion massage technology. The lawsuits encompass both direct sellers ...
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News briefsAdidas confronts accusations of environmental and worker exploitation
According to a report by the investigative journalism platform Follow the Money, Adidas is facing allegations of contributing to worker exploitation and Amazon destruction in producing its sports shoes. The report suggests that the leather used in Gazelle and Spezial trainers comes from Brazilian meat producers involved in Amazon deforestation. ...
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News briefsGlobal Esports Federation unveils senior executive team
Paul J. Foster, CEO of the Global Esports Federation (GEF), has announced a series of updates to the organizational structure as part of the introduction of the GEF 5.0 strategy for the 2024-2028 cycle. Each member of the executive team will lead a core GEF division: Rustam Aghasiyev, Chief ...
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News briefsSoMe guidlines changed by IOC, help athletes at Paris and Gangwon 2024
Get ready to see more content from athletes during the Olympic Games in Paris and Winter Youth Olympic Games in Gangwon. The IOC has changed its guidelines to make it easier for athletes (and sponsors).
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News briefsGeographic mislabeling at Boohoo
Boohoo appears to have put “Made in the UK” labels on perhaps thousands of articles of clothes that were manufactured in southern Asia (Pakistan, for example), as we have learned through Business of Fashion. The original – and presumably correct – labels were removed and replaced last year at the ...
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News briefsFrench sports minister turns into “superminister”
Amélie Oudéa-Castéra, who has been serving as France’s Ministry of Sports and the Olympic and Paralympic Games since May 2022, now has additional responsibilities for national education and youth in what French newspaper Le Monde has called a “superministry.” The appointment follows the designation of Gabriel Attal as France’s new ...
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News briefsFrench government launches France.Sport portal
The French Government has launched https://france.sport, a new portal dedicated to high-level sports in France, defined as “la maison numérique du sport de haut niveau” (the digital house of high-level sports). The new digital platform is fully funded by the Ministry of Sports and the Olympic and Paralympic Games through ...
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News briefsThree bids for FIFA Women’s World Cup 2027
FIFA has confirmed three bids from member associations to host the FIFA Women’s World Cup 2027: two joint-bid submissions and one single-bid submission received from member associations representing three confederations. The bids include a joint submission from the Royal Belgian Football Association, the German Football Association and the Royal Netherlands ...
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News briefsDP World Tour announces strategic partnership with China Tour
The DP World Tour and the China Golf Association (CGA) have announced a strategic partnership that expands the pathway for the players of the CGA-sanctioned China Tour to the DP World Tour and confirms the co-sanctioning of tournaments until at least 2025. The various pathways included as part of this ...
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News briefsFIP and FEP to collaborate in Spain
The International Padel Federation (FIP) and the Spanish Padel Federation (FEP) have joined forces to hold the FIP’s Platinum and Gold tournaments in Spain, to be organized in conjunction with the federations of the country’s autonomous regions. Platinum tournaments have a prize pool of €120,000, and Gold tournaments have a ...
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News briefsUS Sports & Fitness Industry Association Chairman re-elected
The US Sports & Fitness Industry Association (SFIA) announced the re-election of Jonathan Ram, Chief Executive Officer of Clarks, as Chairman of the SFIA Board of Directors for the 2024 term. In addition, Isabel Coscia, Senior Vice President of Marketing at Technogym, Ryan Cruthirds, Chief Digital Commerce and Brand Development ...
