All Ukraine articles – Page 2
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News briefsTurkish footwear retailer apparently plans to take over 100 Reebok stores in Russia
According to Reuters, Turkish footwear retailer Flo Magazacilik is reportedly in the midst of negotiations to acquire more than 100 stores that Reebok owns and operates in Russia. The retailer is currently a wholesaler in Russia but does not operate its own stores there in the country. Authentic Brands, owner ...
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News briefsNew WFSGI webinar on regulatory trends in the sport and fashion industry
WFSGI and Compliance & Risks offer a webinar on regulatory trends. Stacey Bowers, manager global market access at Compliance & Risks and Charlotte Giudicelli, head of legal at WFSGI, will present the latest regulations and mandatory standards establishing labeling requirements for the sport and fashion industry. The webinar is scheduled ...
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News briefsCraft management team goes on 450km charity bike ride from German HQ
Three German top managers of the Swedish brand Craft – André Bachmann (CEO), Wolfgang Lagler (sales manager) and Markus Müller (marketing manager) – are embarking on a three-day charity bike ride from their Bavarian headquarters. They want to cover a distance of 450 km to hand over the new club ...
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ArticleRussian import-replacement campaign faces difficulties
The Russian Industry and Trade Ministry has rolled out a 700 million rubles (€9.5m) program to support the import-replacement trend in the domestic sporting goods market. The authorities plan to encourage local companies to replace sportswear, sporting gear and athletic apparel, which are expected to be in short supply due ...
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News briefs
Euratex establishes new EUTI initiative to support connections to and from the Ukrainian textile sector
The European apparel and textile confederation Euratex has launched an initiative to support the Ukrainian textile and apparel sector by mentoring and supporting economic, industrial and trade relations between EU and Ukrainian companies: the EU-Ukraine Textile Initiative (EUTI). The project seeks to facilitate cooperation between the market players by offering ...
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ArticleOngoing war in Ukraine weighs on German consumer sentiment
As the consumer barometer of the German Retail Association (HDE) shows, consumer sentiment among Germans is continuing to deteriorate in May. After plummeting massively following the start of the Russian war in Ukraine, the index is now declining again. This is the sixth month of consecutive declines in the HDE ...
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News briefs
A fund to help PGA of Ukraine and their families
The Confederation of Professional Golf (CPG) and Ryder Cup European Development Trust have joined with the PGA of Ukraine to create a campaign that will help the PGA members and families who have been displaced by Russia’s war in their country. The campaign will drive donations via a GoFundMe campaign ...
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News briefsLindsey Vonn to host Laureus World Sports Awards 2022 in Seville
Former U.S. ski racer Lindsey Vonn will host the Laureus World Sports Awards Show 2022, which will be broadcast from the Spanish city of Seville on Sunday, April 24. The Laureus World Sports Awards were first presented in 2000. Since then, the awards have recognized the greatest sporting achievements of ...
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ArticleRussian sporting goods market hit by economic turmoil
Demand for sporting goods is falling in Russia amid price increases across the entire product range and the exodus of Western brands, according to Anna Lebsak-Kleimans, general director of Moscow-based consultancy Fashion Consulting Group. In recent years, sporting goods had fueled demand in the Russian fashion market, Lebsak-Kleimans said. “The ...
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News briefsTeijin collects more donations for victims of Ukraine war
Fibers and fabrics company Teijin Ltd. has once again increased its aid to the victims of the war in Ukraine. The company, which is part of the Japanese Teijin Group, will donate the equivalent of around €300,000 in humanitarian aid to the suffering people in Ukraine, in addition to the ...
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ArticleMore than $2 million already allocated for Ukrainian Olympic Community
The Solidarity Fund established by the International Olympic Committee (IOC) for the Ukrainian Olympic Community and sports movement has received so far over US$2 million, the IOC said. This fund was made up of an initial donation of $1 million from the IOC and Olympic Solidarity, followed by a further ...
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News briefsDecathlon suspends activities in Russia
After Decathlon had initially announced to keep its 60 brick-and-mortar and the web store open in Russia until further notice following the outbreak of war in Ukraine to protect its employees from possible harmful measures, the French company has now announced that it is ceasing its operations in the country ...
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ArticleRussia’s Sportmaster set to exit Denmark and Poland
The Singapore-based parent company of the Sportmaster Group, whose eponymous retail chain is the largest sporting goods retailer in Russia, has decided to divest the retail chains that it had acquired in Poland and Denmark in the last years as part of a wider geographic diversification. It already sold its ...
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News briefsJob portal for refugees from Ukraine
Thousands of refugees from the war zone in Ukraine are currently forced to settle in new places and are looking for a way to earn a living. To help with this, www.jobaidukraine.com, an initiative for Ukrainian refugees, was launched by the German initiative “Händler helfen Händlern” (“retailers support retailers”) as ...
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News briefsBeckham hands over Instagram account to doctor in Kharkiv
This week, David Beckham gives the term “influencer” a whole new meaning by handing over control of his Instagram account to a Ukrainian doctor. Iryna, a pediatric anesthesiologist and head of the regional perinatal center, shows the soccer star’s 71.8 million followers the conditions at her clinic in Kharkiv, Ukraine’s ...
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News briefsABG suspends all branded retail and e-com operations in Russia
Authentic Brands Group (ABG), the owner of a wide range of lifestyle and fashion brands including Airwalk, Eddie Bauer, Greg Norman, Muhammad Ali, Nautica, Prince, Reebok, Shaquille O’Neal, Spyder, Tretorn, Vision Street Wear and Volcom, announced that it has ceased all its branded retail and e-commerce operations in Russia effective ...
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ArticleUpdate: Sports companies and the war in Ukraine
We had previously reported on first, early measures taken by some sports companies such as Nike, Haglöfs and Mammut following Russia’s attack against Ukraine. In the meantime, other companies have joined, and industry groups and federations are also taking action. We have summarized the activities that we are aware of. ...
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News briefsReal Madrid will donate €1 million for Ukraine aid
Real Madrid Club de Fútbol has announced that it will donate €1 million within the framework of “Everyone with Ukraine,” a campaign that was launched by the Real Madrid Foundation on March 5 to help alleviate the humanitarian needs of the displaced population in Ukraine. Some of the funds raised ...
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News briefs
VF suspends commercial activities in Russia and supports refugees
VF Corp. has joined those companies temporarily suspending commercial operations in Russia. Accordingly, VF has closed Vans-operated retail stores across the country and suspended processing e-commerce orders through the Vans and The North Face brand websites, the company said. The VF Foundation has donated $250,000 to UNHCR, the United Nations ...
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ArticleRussian footwear market faces a crisis
The Russian market is braced for major turbulence after dozens of footwear brands pulled out of the country following the Russian invasion of Ukraine and the subsequent introduction of international sanctions. Adidas, Nike and Puma have joined the long list of international brands that have quit the country’s market, along ...
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