Sporting Goods Industry News for May 17, 2024
The longtime Sports & Fitness Industry Association president & CEO will step down from the role in Oct., he revealed in a LinkedIn Post.
Net income attributable to shareholders at the Taiwanese footwear and sporting goods manufacturer climbed 70% to TWD 1,270.6 million ($40.3 mm) in the first quarter from TWD 749.4 million, on 6% higher revenues of TWD 20,616.5 million ($654.5 mm) up from TWD 19,502.8 million.
The Big Cat appointed company veteran, Bas van den Bemt as its new managing director for Central Europe, effective Jul 1, succeeding Nina Graf-Vlachy, who departed for the top sports role at German e-tailer Zalando.
Martin Badour, the Foot Locker veteran who was most recently EVP of US retail at the sneaker and streetwear retailer, becomes president of Snipes in the USA effective immediately.
Barbara Furlow-Smiles pleaded guilty to defrauding Facebook of almost $5 million, and stealing another $121,000 from Nike, in Atlanta federal court.
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