CORPORATE AND M&A
+++ French sports nutrition brand Baouw has raised €2 million in a new funding round led by Seventure Partners
+++ According to ShopEatSurf, Boardriders has sold the beachfront Billabong House on Oahu’s North Shore, which has always been a focal point for the brand during the Hawaiian winter surf season, hosting athletes and Billabong marketing events +++
EXECUTIVE CHANGES
+++ Eddy Ferhi is replacing Arnaud Leroux as the new marketing director of Asics France +++
RETAIL & DISTRIBUTION
+++ In December, Futbol Emotion will open a 1,200-sqm shop in Bilbao’s Megapark shopping mall and another one with 500sqm in Barcelona’s Diagonal Mar mall
+++ Base has recently revamped its stores in Girona, Adra and Icod de los Vinos (Tenerife) and has opened a new store in Las Palmas (Gran Canaria)
+++ Frasers Group has opened its first Frasers multi-brand concept in the Republic of Ireland at the Whitewater Shopping Centre in Newbridge, County Kildare, with 2,800 square meters of retail space
+++ Oxbow is opening a 120-square-meter store in Mérignac, the French city where the company has its headquarters, which will sell second-hand surfboards, new and second-hand wetsuits and accessories from eco-responsible partner brands, Sport Guide reported
+++ Foot Locker has opened a new 10,000 square meter flagship store in Stratford, London, with a technology-focused, “elevated retail experience” designed to inspire youth culture and build communities, according to Retail Gazette
+++ Bosideng International Holdings, China’s largest down jacket manufacturer, has reopened its flagship store in London at 28 South Molton Street, first opened during the London 2012 Olympics, after being closed since the second half of 2018
PRODUCT & MARKETING
+++ Italian helmet manufacturer Kask is equipping 24-year-old U.S. skier River Radamus of Colorado (three gold medals at the Youth Olympic Games, fourth place in the giant slalom at the Beijing Olympics) with the new Kask Omega, a helmet specially designed in the wind tunnel with what Kask claims is the best aerodynamics of any racing helmet
+++ Jordan Brand has signed Paolo Banchero, the No. 1 overall pick from the 2022 NBA draft
+++ The Italian Football Federation (FIGC) has announced a three-year partnership with eBay, which will support the domestic women’s game as a premium partner of Serie A Femminile, Supercoppa Femminile and Coppa Italia Femminile, starting in the 2022/23 season
+++ POC and Swiss ski racer Marco Odermatt continue their partnership with a new four-year contract, which is celebrated with a limited edition goggle exclusively designed by Odermatt and POC, which will be used for the first time at the World Cup opening in Sölden
+++ Austrian middle distance runner Sebastian Frey is the latest addition to the On Athletics Club Europe team +++
LEGAL & INSTITUTIONAL
+++ The Asian Football Confederation (AFC) has announced that the 2023 Asian Cup football tournament will be held in Qatar, which previously hosted the tournament in 1988 and 2011 +++
E-COMMERCE & DTC
+++ With the launch of PayPal Rewards, PayPal customers in the U.S. can now earn points for cashback through merchant offers, deals and other discounts that can be redeemed when paying with PayPal +++
CSR & SUSTAINABILITY
+++ According to a report in Drapers, Frasers Group CEO Michael Murray has sent a letter to suppliers stating that his group will stop purchasing fur products from all partners from autumn/winter 23 onwards +++
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