CORPORATE AND M&A
+++ Shop Eat Surf reports that Boardriders announced in a meeting at its California headquarters that the closing of the acquisition by Authentic Brands Group has been postponed from July 31 to Aug. 31
+++ As part of its strategy shift toward digital content, Lululemon has laid off 100 employees from its Lululemon Studio business (which includes Mirror), a Lululemon spokesperson told Retail Dive +++
EXECUTIVE CHANGES
+++ Slinger Bag and Gameface.ai parent Connexa Sports Technologies has appointed Steven Crummy and Rodney Rapson to its board of directors to fill the seats left vacant by the 2022 retirements of Gabriel Goldman and Rohit Krishnan
+++ Aspen One, the newly named parent company of Aspen Skiing Company, Aspen Hospitality and ASPENX, has hired David Tanner, previously CEO of Boardriders, Inc. from 2018 until February 2021 and a partner at Oaktree Capital Management, as CEO
+++ Sneaker and streetwear retailer Snipes has appointed its first Chief Retail Officer for the European market in Daniel Bontjer, who has already worked for Snipes since 2012, including as Head of Retails Europe
+++ Fanatics has appointed former Chobani CIO Parag Agrawal as Chief Information Officer, a newly created position at the company +++
PRODUCT & MARKETING
+++ Jonnie Peacock, a sprinter born in Cambridge, England, who lost his right leg to meningitis at the age of five, is the latest addition to the Asics athlete portfolio
+++ X Games announced an extension of its partnership with Monster Energy, in place since 2014, making the brand the exclusive energy drink of X Games California 2023
+++ Nike, which last year was one of several major partners to pause its sponsorship deal in the wake of heavy criticism of the organization’s handling of sexual assault allegations against members of the 2018 World Junior Championship team and settlement payments, has now ended its sponsorship of Hockey Canada, Globe and Mail reported
+++ Adidas has unveiled “el alma del club” – Real Madrid’s new away kit for the 2023/24 season – that will make its first appearance on the pitch in Los Angeles on July 23 for the match against AC Milan as part of the club’s US pre-season tour +++
LEGAL & INSTITUTIONAL
+++ Because Meta persistently violates EU law, the Norwegian data protection authority has banned the advertising group from playing personalized ads – for three months for the time being
+++ After the Federal Court of Justice (BGH) rejected an appeal against the non-admission of an appeal of a judgment of the Berlin Appellate Court in the proceedings at the end of June this year, the word mark “Black Friday” must be deleted from the register of the German Patent and Trademark Office +++
