LEGAL & INSTITUTIONAL
+++ The International School Sport Federation (ISF) has inaugurated its new headquarters at the Olympic House in Lausanne in the presence of Thomas Bach, President of the International Olympic Committee (IOC)
+++ World Sailing has appointed Fiona Kidd as Head of International Development
+++ Birmingham has been confirmed as the host of the 2026 European Athletics Championships
+++ Jahangir Kabir Nanak is the new Minister of Textiles and Jute of Bangladesh +++
CORPORATE AND M&A
+++ BrandAlley, a UK-based off-price e-tailer, has acquired a majority stake in London-based rare sneaker resale platform The Edit LDN, which was founded in 2020 and has been struggling with cash flow constraints since the last quarter of 2023 due to a challenging e-commerce environment
+++ Compass Diversified (CoDi), the Connecticut-based owner of PrimaLoft, Boa Technology, 5.11 and Velocity Outdoor, has announced the acquisition of Atlanta, Georgia-based feminine care systems supplier The Honey Pot Company
+++ The Swiss Arklyz Group AG, which owns The Athlete’s Foot, Asphaltgold, Intersocks and global licenses and distribution rights for brands such as Salomon, Head, Crocs, Nordica, Adidas and Hey Dude, has acquired the German company Lloyd Shoes GmbH, founded in 1888, from Ara AG +++
TRADE FAIRS & CONFERENCES
+++ For its 2024 edition, the sports-tourism show Fitur, organized by Afydad, will have as its Global Partner the French agency for the development of tourism, A Tout France, and – with the help of the Nice Metropolitan Office and BCD Sport (part of Avoris Group) – will be promoting the 2024 Olympic Games, in Paris +++
EXECUTIVE CHANGES
+++ Jochen Lagemann, who has almost 30 years of experience in the sports industry, including at Nike, W.L. Gore, PrimaLoft, and most recently, Amann Group, has joined the Danish manufacturer of functional clothing, Spectre A/S, as Global Sales Director
+++ The Running Industry Alliance (RIA) has appointed running industry veteran Tom Kerry as co-lead for event and mass participation members
+++ TSG Consumer Partners, a California-based private equity firm that has invested in several sports and outdoor companies, including Backcountry, Canyon or Planet Fitness, announced a total of nine promotions across the firm, including Alec Fogarty to Principal (San Francisco), Alex Gilmore to SVP (London), Kelly Pease to SVP (New York), Alex DiFelice to VP (New York), Josh Ronson to VP (London), Gaurish Gwalani to Senior Associate (San Francisco), Christian Pavlakos to Senior Associate (New York), Jordan Phelan to Senior Associate (San Francisco) and Phoebe Wallwork to Senior Associate (London) +++
RETAIL & DISTRIBUTION
+++ Adidas is opening a 400-sqm store in Málaga, Spain, on Calle Larios, its main shopping street, according to Palco23
+++ Frasers Group has reportedly signed a new long-term lease for a 880 sqm unit at M&G Real Estate’s Fremlin Walk shopping center in Maidstone town center, Kent, England, due to open this fall
+++ US-based Stitch Golf has appointed Yumax Golf as its sales, marketing and distribution partner, with an immediate focus on key partner accounts in the UK and Ireland and plans to broaden its footprint across the rest of Europe throughout 2024 +++
PRODUCT & MARKETING
+++ Italy’s top player in women’s pádel, Carolina Orsi, has signed an endorsement deal with Bullpadel and will be competing with the brand’s Elite 2024 racquet, according to Diffusion Sport
+++ Speedo has signed German professional swimmers Isabel Gose and Angelina Köhler to its athlete roster
+++ Descente has agreed on a multi-year partnership with American pro golfer and Tokyo Olympics gold medalist Xander Schauffele, the 6th top-ranked player in the latest 2023 world rankings, who will also collaborate on golf product development
+++ The International Olympic Committee (IOC) announced that AB InBev will become a Worldwide Olympic Partner through 2028, with Corona Cero zero-alcohol beer being the global beer sponsor of the Olympic Games, highlighting the IOC and InBev’s commitment to responsible consumption
+++ X Games and Taiga Motors Corporation, a Canadian electric powersports brand, announce a first-of-its-kind partnership that will make Taiga the exclusive Electric Snowmobile provider of X Games Aspen 2024
+++ Macron has announced a four-year technical sponsorship deal with the Equatorial Guinea football team
+++ Rafael Nadal has been appointed as a long-term ambassador for the Saudi Tennis Federation (STF) as part of a wider push by the country to influence the sport, including the establishment of a tennis academy in the country
+++ On Running added French middle-distance runner Agathe Guillemot to its team of athletes
+++ Alo Yoga, the L.A.-based yoga brand founded in 2007 that opened its first UK store last November, has signed up K-pop star Jisoo (also brand ambassador for Dior, Cartier and Dyson) of Korean girl group Blackpink for its spring 2024 campaign
+++ Japanese fashion and footwear brand Onitsuka Tiger collaborates with “Astro Boy,” the oldest anime in Japan
+++ On Running has added Spanish long-distance runner Laura Luengo to its team of athletes
+++ Californian sunglasses maker Revo has launched the Goggle Rx program, which allows customers to incorporate their eyewear prescription into the Revo x Bode Miller goggle collection +++
