News briefs – Page 6
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News briefs
The IOC and WHO renew cooperation to promote physical activity
The International Olympic Committee (IOC) and the World Health Organisation (WHO) have announced a new cooperation agreement that reiterates their joint commitment to promoting healthy lifestyles, including physical activity, sport and active recreation, as a tool for better health conditions across the globe. The agreement was signed by the IOC’s ...
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News briefs
Icebreaker works with a start-up on temperature-taking armband
Icebreaker, a brand of VF Corp., is partnering with a start-up on the development of a smart armband designed to monitor the wearer’s temperature, which could become a key tool in the post-coronavirus world. Nightingale MedTech, the company behind the armband idea, was only formed on May 1. The prototype ...
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News briefs
Giant’s Q1 results are hit by the pandemic
Giant saw its revenues in the first quarter decline by 9.3 percent on an annualized basis to $444.5 million. The net income before taxes dropped by 16.9 percent to $27.4 million. Sales of e-bikes and traditional bikes in many European countries were hit by strict shutdowns in connection with the ...
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News briefs
Arc’teryx urges politics to include climate among post-Covid 19 priorities
Arc’teryx Equipment has joined 155 multinational companies in a statement jointly issued by the Science Based Targets Initiative, the UN Global Compact and the We Mean Business coalition that urges governments to include climate action in their strategies to rebuild the economy after the coronavirus epidemic. The other signatories include ...
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News briefs
Down supplier makes masks
Allied Feather & Down, the down supplier and maker of bedding, is switching a large portion of its bedding production over to face masks. The company will be using the tightly-woven cotton that it normally employs for pillows and comforters to make washable two-layer face masks. Allied has also partnered ...
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News briefsSchöffel organizes its first digital sales meeting
Like Oberalp, Schöffel has decided to hold its first virtual sales meeting because of the coronavirus outbreak. The family-owned German company quickly created an extensive program with product presentations, video contributions, webinars, discussions and live broadcasts across national and continental borders. The venue for the digital sales meeting, which was ...
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News briefs
Spain permits large stores to open in “Phase 1” regions
Decathlon has reopened its 24 small Decathlon City stores in Spain in two stages, while offering click & collect at 74 of its larger stores in the country. Spain’s Ministry of Health has revised its initial guidelines for stores re-openings in Phase 1 regions. By the estimate of the Spanish ...
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News briefs
Two Swiss companies produce fashionable, reusable masks
Two Swiss textile companies, Schoeller Textil and Forster Rohner, have a developed a washable mask to meet the criteria of the Swiss National Covid-19 Science Task Force, establishing a short supply chain and improving on disposable masks from an ecological perspective. Schoeller is supplying the fabric, a two-layer weave of ...
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News briefs
UA and others commit to pay suppliers for certain cancelled orders
Under Armour has committed to the PayUp campaign, an initiative that urges fashion brands to pay their garment factories for orders that are both completed and in production, and yet cancelled or delayed because of the coronavirus pandemic. The campaign was launched by Remake, a workers’ rights organization, at the ...
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News briefs
Under Armour is manufacturing face masks
Under Armour (UA) is making special face masks that require no sewing to support the healthcare professionals at the nearby University of Maryland Medical System (UMMS) in their fight against the coronavirus pandemic. UA’s global headquarters is located in Baltimore, Maryland. The sports brand is also working on face shields ...
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News briefs
Intersport Germany publishes report on buying behavior in times of the coronavirus
Intersport Germany recently published an interesting report on buying behavior in the midst of the coronavirus crisis, based on a survey of 300 consumers. According to it, 41 percent of the respondents were exercising more during their confinement than before the lockdown. However, not all the consumers that were exercising ...
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News briefs
Fedas fears big sales losses for sports retailers
The Federation of European Sports Retailers (Fedas) has developed a plan of action to improve the protection of employees, customers and particularly vulnerable persons in the retail sector from coronavirus infection. The concept was developed under the leadership of Peter Bruggmann, vice president of Fedas and president of the Swiss ...
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News briefs
Nike stores are reopening
As of May 14, all of Nike’s owned stores and more than 95 percent of its partner stores in Greater China and South Korea were open, although some still have shortened hours. Store traffic there remains low, according to Nike, but overall retail traffic and conversion rates are rising and ...
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News briefs
Brands believe in sponsorship despite coronavirus
A large majority of brands involved in the sponsorship of sports and entertainment events in Europe (72 %) are planning to extend their sponsorship deals despite the uncertainty caused by the coronavirus pandemic. The recent survey by the European Sponsorship Association (ESA), entitled “Sponsorship Sentiment Tracker,” also found that more ...
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News briefs
Adidas pairs Covid-19 donations to exercise tracking apps
Adidas is launching the #HomeTeamHero Challenge to support the Covid-19 pandemic’s essential workers. For every hour of app-tracked exercise from May 29 to June 7 Adidas will donate $1 to the Covid-19 Solidarity Response Fund of the World Health Organization (WHO). The objective is to reach one million hours. The ...
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News briefs
Eagle Creek donates face masks to European retail partners
Eagle Creek, the producer of travel bags and backpacks from southern California, is donating thousands of face masks to independent retailers in Europe. From next week, the company’s European retail partners will receive 2,400 masks intended not for resale but for the staffs of retail stores, in order to minimize ...
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News briefs
Covid-related charge sinks Iconix’ results
The Iconix Brands Group, which owns a host of brands including Umbro, booked an impairment charge of $13.7 million for the first quarter, attributing it to the recent and future effects of the coronavirus pandemic on Umbro and four other brands in its portfolio. The charge inflated the company’s net ...
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News briefs
Decathlon Germany implements “Scan & Go”
Decathlon has started to offer a “Scan & Go” option in its German stores. It makes use of MishiPay mobile technology that allows customers to scan and pay for items by simply using their smartphones. The system thereby minimizes the contact with both check-out devices and the store staff. Customers ...
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News briefs
Store closures end Black Diamond’s strong growth
Store closures due to the pandemic pushed Clarus Corp.’s sales for the first quarter down by 12 percent to $53.6 million. The parent company of Black Diamond, Pieps and Sierra Bullets saw its net income tumble to $36,000, compared with $3.8 million for the three months ended on March 31, ...
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News briefs
Efftex postponed until 2021
The 2020 edition of the European Fishing Tackle Trade Exhibition (Efttex), originally scheduled for June 11-13 in Prague, has been postponed until next year. It will be taking place at the same venue at a still undertermined date. Speaking to Angling International, Olivier Portrat – president of the European Fishing ...
