All articles by Wolfgang Greiner – Page 13
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ArticleCanopy’s Pack4Good initiative wins over fashion giant Inditex
Inditex has joined Canopy’s Pack4Good campaign. Through the campaign, the partners aim to focus on sustainable alternatives to the deforestation of ancient and endangered forests, including recycled pulp and paper, next-gen solutions and FSC certification. Inditex committed to CanopyStyle a decade ago to stop using ancient and endangered forests for ...
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ArticleTrusTrace launches updated AI-powered forced labor prevention solution
Stockholm-based global SaaS company TrusTrace, which offers a unique product traceability and supply chain compliance platform for the fashion and retail industries, announced the launch of its updated, AI-powered Forced Labor Prevention (FLP) solution that will help brands proactively map supply chains, screen them for risk and efficiently collect evidence ...
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News briefsCoupang appoints AI specialist to Board of Directors
Source: Coupang Asha Sharma Coupang, Inc., the technology company that acquired the assets of global online luxury company Farfetch Holdings earlier this year, has appointed Asha Sharma, Corporate Vice President and Head of Product, AI Platform at Microsoft, to the company’s Board of Directors. Prior to joining ...
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ArticleUnrivaled Sports invests in indoor action sports center alongside White
US-based youth sports holding company Unrivaled Sports, founded in March by David Blitzer, Josh Harris and The Chernin Group (TCG), has made a strategic investment in Snöbahn, the operator of indoor action sports centers with two locations in Colorado. In addition, the company announced a strategic investment in its action ...
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ArticleLA28 announces updated master plan for Olympic and Paralympic venues
The Organizing Committee of the Olympic and Paralympic Games LA28 has revised and published the master plan for the venues. Almost all disciplines will take place in the greater Los Angeles area – with the exception of the canoe and softball competitions, which will be held in Oklahoma City. Overview ...
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ArticleShaun White launches first-ever professional halfpipe league
Source: Mike Dawson Announcement of The Snow League in Cannes Three-time Olympic gold medalist and entrepreneur Shaun White has announced the first professional winter sports league for snowboard and freeski halfpipe competitions called The Snow League, which will launch with its first event in the USA in ...
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ArticleUnder Armour to begin move to new HQ
Under Armour said it will start moving into its new global headquarters in November, the Baltimore Sun reports. By then, a first wave of employees will relocate from the current Tide Point headquarters to a signature, five-story building on the Baltimore Peninsula, which the company bought eight years ago for ...
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ArticleX Games plans to launch innovative X Games League
X Games is set to launch a bold new global team-based format in 2026. Backed by MSP Sports Capital (MSP), a portfolio company of Najafi Cos., the new X Games League (XGL) will provide a year-round international competition calendar for the X Games that will allow athletes to earn compensation ...
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ArticlePuma continues major marketing offensive during Euro and Copa
With the second chapter of its first global brand campaign in 10 years, “Forever. Faster. - See The Game Like We Do”, Puma is launching two offshoots of the campaign this summer during UEFA Euro 2024 and the Copa América 2024, in which the company tells the story of its ...
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ArticleNew CEO at FootBalance
Source: FootBalance Atul Midha Finnish company FootBalance, a leading provider of healthcare technology and customized insoles, has appointed Atul Midha as its new Chief Executive Officer, effective June 3. Midha joins FootBalance after a distinguished career that has included leadership roles at renowned companies such as Eton ...
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News briefsLe Coq Sportif’s losses soar, SIX suspends trading of Airesis
Swiss holding company Airesis announced as part of the presentation of preliminary figures that Le Coq Sportif, which will provide the French teams at the Olympic Games in Paris with around 370,000 items of clothing and equipment, suffered a loss of around 36 million Swiss francs (€37.3m) in 2023 and ...
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ArticleCisalfa opens first Intersport Superstore to strengthen presence in Italy
The Cisalfa Group has opened the first Intersport Superstore in Italy, a new format of multi-brand sports stores. This is a key part of the Italian group’s expansion plan to diversify its offerings and appeal to a broad and diverse customer base to reach new market segments and better respond ...
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ArticleDespite unsatisfactory 2023 result, Hummel’s CEO aims for top-ten market position
In its 2023 financial statements, Danish sports brand Hummel set a new sales record for the third year in a row. Revenue increased from 2.201 billion Danish kroner (€295.06m) in 2022 to DKK 2.225 billion (€298.27m) in 2023. Still, the cost of realizing inventory, rising interest rates and bankruptcies of ...
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News briefsNYC-based investment manager acquires Outdoor Voices
New York City-based consumer-focused investment manager Consortium Brand Partners (CBP) has announced the acquisition of Outdoor Voices, an athleisure lifestyle brand founded in 2013 by Tyler Haney, also from New York City. This is CBP’s second acquisition, following the announcement of a majority stake in Reese Witherspoon’s fashion and lifestyle ...
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ArticleAuthentic and Beaumanoir announce partnership for Boardriders brands in Western Europe
Authentic Brands Group announced a long-term partnership with Beaumanoir Group, which will take over the former Boardriders business in France and license the Quiksilver, Roxy, Billabong, DC Shoes, Element, RVCA and VonZipper brands in key Western European regions, including France, Germany and the UK. Through the partnership, Beaumanoir, headquartered in ...
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ArticleIndian TechnoSport raises 1.75bn rupees
Indian sportswear brand TechnoSport has raised 1.75 billion Indian rupees ( €19.32 million) from investment fund A91 Partners. The company plans to use the fresh capital to improve its production capacities, focus on digital brand development and strengthen its marketing activities. “With this support, we are poised to scale our ...
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ArticleTecnica Group receives SIS Eco Award for Recycle Your Boots
At the annual conference of the German Ski Association (DSV), the SIS Eco Award, endowed with €7,500, was once again presented – this year to Tecnica Group SpA for its Recycle Your Boots project. The Safety in Skiing Foundation (SIS) was looking for sustainable projects that implement resource conservation and ...
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ArticleCanada Goose’s new Creative Director's first campaign pays tribute to Jane Fonda
Canada Goose has appointed designer Haider Ackermann as the company’s first Creative Director. He is considered a luminary in the fashion industry and is celebrated worldwide for his talent in defining modern design. The Colombian-born French designer will be based in Paris and will work alongside Chairman and CEO Dani ...
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ArticleAgilitas Sports obtains licence for Lotto in India, Australia and South Africa
New York-based brand management firm WHP Global announced a new long-term license for Lotto with Indian sportswear and athleisure solutions platform Agilitas Sports. The license gives Agilitas exclusive rights to design, manufacture, promote and distribute the Lotto brand in India, Australia and soon in South Africa. The acquisition of the ...
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ArticleCourt approves BowFlex purchase agreement
The US Bankruptcy Court for the District of New Jersey has approved the sale of the acquired assets of Bowflex, Inc. under the terms of the previously announced stalking horse asset purchase agreement between Bowflex and Johnson Health Tech Retail, Inc., the parent company of the Matrix fitness equipment brand. ...
