All Team sports articles
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Article
Manchester United reaches agreement for Ratcliffe to acquire 25% of shares
After English soccer club Manchester United announced in November 2022 that its board was considering “strategic alternatives” to support the club’s future growth and success, Qatari investors briefly expressed interest in February of 2023. Last September, however, the Glazers family announced that they were taking the club off the market ...
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Puma is expanding its Re:Fibre textile-to-textile recycling technology
Puma has announced that it has scaled up its textile recycling innovation Re:Fibre and replace recycled polyester with its Re:Fibre technology in all Puma soccer kits for clubs and associations from 2024. Since the launch of the pilot project in 2022, where the brand produced recycled training kits for the ...
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NBA sponsorship revenues for the 2022/23 season hit $1.66bn
The National Basketball Association (NBA) posted record sponsorship revenues of $1.66 billion during the 2022/23 season, representing a 1.3 percent increase from the previous year, according to a study by Chicago-based sponsorship consultancy IEG. The figure, reported by Forbes, includes league, team and venue sponsorship rights fees while it excludes ...
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UA appoints Gap veteran as chief supply chain officer
Source: Under Armour Shawn Curran Under Armour (UA) announced that following an extensive search and interview process, Shawn Curran, a retail industry veteran, will join the company as Chief Supply Chain Officer on Oct. 16, reporting to President and CEO Stephanie Linnartz. The U.S. sports brand created ...
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Anta signs sustainable business initiative at SDG summit
Chinese sportswear maker Anta Group announced that it has signed the “Business in Action—Sustainable Industrial Development Commitments” during the Second United Nations Sustainable Development Goals (SDG) Summit, the highest-level United Nations summit in the field of sustainable development, which was held on Sept. 18-19 in New York. Furthermore, Anta Group’s ...
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New Asics President, more executive changes
Asics Corp. has announced the appointment of Mitsuyuki Tominaga as its new President and Chief Operating Officer, effective Jan. 1, 2024. Tominaga currently serves as the company’s Managing Executive Officer, Chief Data Officer and Chief Information Officer. Before joining Asics, he held leadership roles at SAP Japan, Works Applications America ...
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New Europe GM for Puma
Source: Puma Javier Ortega Puma has appointed Javier Ortega as General Manager Europe, effective Sept. 1, 2023. He will be responsible for Central Europe, France, the UK & Ireland, Southern Europe and Nordics, reporting directly to CEO Arne Freundt. Ortega, who has been with Puma since 2009 ...
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Authentic Brands Group raises $500 million from General Atlantic
Authentic Brands Group has announced a $500 million primary follow-on investment from global growth equity firm General Atlantic, its current investor. The continued partnership with General Atlantic is meant to support Authentic’s worldwide expansion. General Atlantic first partnered with Authentic in October 2017. The latest investment brings General Alantic’s total ...
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Former Decathlon Partnership Director joins Wasserman
Source: Wasserman Wim Mathues Global sports, music and entertainment agency Wasserman has appointed former Decathlon Partnership Director Wim Mathues as SVP of Brands and Properties in Belgium and the Netherlands. The appointment is the latest step in the agency’s growth strategy in Europe and follows the acquisition ...
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Sarah Massey appointed as RWC 2025 managing director
Sarah Massey has been appointed managing director of the Local Operating Company (LOC) for England’s Rugby World Cup (RWC) 2025, which will be the tenth edition of the women’s RWC. The LOC is a joint venture between World Rugby and the Rugby Football Union (RFU), or England Rugby. Most recently, ...
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Fútbol Emotion acquires Basket Revolution
Fútbol Emotion, the Spanish sports equipment retailer specializing in football that is part of Grupo Tansley, has acquired Basket Revolution, a specialty retailer that sells basketball footwear, apparel, accessories and equipment. The financial details of the transaction have not been disclosed. As we reported just a few days ago, Fútbol ...
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Qatari investors are reportedly targeting Manchester United
Daily Mail has revealed that a Qatar-based consortium of private investors is planning to bid for Manchester United. The group is set to make an offer by Friday, Feb. 17, the deadline set by the club’s current owners, the Glazer family. The British tabloid paper has also revealed that UEFA, ...
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Oregon wants to ban kangaroo leather
Oregon lawmakers are taking aim at kangaroo leather in athletic footwear, particularly high-end soccer shoes, according to SGI USA. A new proposed bill would ban the purchase, receipt, sale or commercial exchange of products containing parts of a dead kangaroo. In a related release, Nike was taken to task: “[We ...
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NBA All-Star Allen Iverson partners with Authentic Brands Group
Reebok owner Authentic Brands Group (ABG) has teamed up with Hall of Famer and 11-time NBA All-Star Allen Iverson to further develop Iverson’s own brand. Under the partnership, ABG will focus on growing Iverson’s entertainment business, securing new advertising deals and strategic partnerships, and developing new consumer product opportunities. Currently, ...
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Ceferin is set to be re-elected as UEFA president
Aleksander Ceferin, the current UEFA president, is set to be re-elected as he has emerged as the only candidate for the role, the organization has announced. Presidential elections at the European football governing body are scheduled to take place at its congress in April. Ceferin, 55, is standing for a ...
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New Balance plans $65 million investment to double production capacity in Maine
New Balance has announced a $65 million investment in construction and capital equipment in its Skowhegan, Maine factory, with a view to double production capacity and add over 200 new jobs to the facility, Footwear News has reported. The factory currently employs 250 people. The investment will allow the renovation ...
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eBay and Inter Milan partner on new e-commerce deal
Italy’s Serie A team Inter Milan has announced a partnership deal with eBay for the 2022/23 season. The agreement will see Inter open a dedicated club shop on the e-commerce platform. eBay recently agreed to a three-year deal with the Italian Football Federation (FIGC) to become a premium partner of ...
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Hummel and Amnesty International sign new two-year partnership, launch first collection
The Danish brand Hummel and Amnesty International Denmark have agreed to join forces in order to start various projects in order to raise money for the NGO’s work. As a kick-off of the new partnership, Hummel and Amnesty have designed a new lifestyle collection based on Amnesty’s black and yellow ...
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Foot Locker partners with Fanatics to expand licensed product offerings
Foot Locker and Fanatics have announced a new long-term connected inventory partnership that will “significantly expand” the officially licensed fan gear and merchandise product range available online to Foot Locker customers. Beginning in the fall, the shoppers visiting footlocker.com, kidsfootlocker.com and champssports.com will have access to a broad, tailored assortment ...
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Silver Lake to acquire Diamond Baseball Holdings
Endeavor Group Holdings has entered into a definitive agreement to sell Diamond Baseball Holdings (DBH), owner of ten Minor League clubs affiliated with six Major League Baseball (MLB) clubs: the Chicago Cubs, New York Yankees, San Jose Giants, San Francisco Giants, Atlanta Braves and Los Angeles Dodgers. The buyer is ...