News and insights about brands in the sporting goods industry – Page 394
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News briefs
The board of directors of Amer Sports has announced that...
The board of directors of Amer Sports has announced that the company will begin a share repurchasing program as a way to implement share-based incentive plans for key personnel in 2011 and 2012. The process will start on Feb. 23 and the final date will be Sept. 9, at the ...
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The Manchester United football club appears set to break the...
The Manchester United football club appears set to break the £100 million barrier for its annual commercial revenues
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News briefs
Under Armour is replacing Reebok as the official supplier of...
Under Armour is replacing Reebok as the official supplier of performance footwear to Major League Baseball in the U.S. The rapidly growing U.S. brand is also said to be ready to pay more than $1 million a year to be endorsed by Cam Newton, a quarterback with the American Auburn ...
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Chris Stephenson, a former player for the England rugby team,...
Chris Stephenson, a former player for the England rugby team, is a new brand ambassador for Canterbury of New Zealand
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News briefs
More sporting goods companies are partnering with Sympatex, the German...
More sporting goods companies are partnering with Sympatex, the German provider of functional textiles. For winter 2011-12, Belowzero, Bench, Four Elements, Rusty and Sportalm will use Sympatex materials in their ski and snowboard collections. They showed off some of the new products at Ispo this month. Sympatex' name is also ...
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Errea is the new official sponsor of the Spanish Volleyball...
Errea is the new official sponsor of the Spanish Volleyball Federation
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Adidas' To.7 table tennis table, developed by Green-Fit, won the...
Adidas' To.7 table tennis table, developed by Green-Fit, won the X Plus Award in all three categories – design, quality and functionality – and were on display at Ispo
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Adidas extends its sponsorship of the Spanish Football Federation until...
Adidas extends its sponsorship of the Spanish Football Federation until the end of 2018
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Article
Amer Sports confirms its recovery
With favorable weather triggering buoyant re-orders, brisk sales of outdoor footwear and apparel in Europe continued to drive the recovery of Finland's Amer Sports group in the fourth quarter of last year. The expansion of the company's balls sports and fitness units remained weaker, but the group was in leaner ...
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News briefs
A new title sponsor is expected to be announced soon...
A new title sponsor is expected to be announced soon for the Dublin Marathon. Last year, the title sponsor of three years, Lifestyle Sports, stepped down. In addition, Adidas stopped its 10-year involvement as a sponsor; it has been replaced by Asics. The race director, Jim Aughney, has said that ...
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Lorpen, the producer of performance socks, is sponsoring the Canadian...
Lorpen, the producer of performance socks, is sponsoring the Canadian Association for Disabled Skiing
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Garmont is running commercial spots on large public screens at...
Garmont is running commercial spots on large public screens at major ski resorts in Austria and Switzerland until the end of February to draw the attention of 18 million spectators to its new Delirium ski boot
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News briefs
The NBA and FIBA Europe are partnering up to increase...
The NBA and FIBA Europe are partnering up to increase the awareness of basketball com-petitions in Europe. The multi-year deal includes EuroBasket Men and Women in 2011 and 2013. Part of the efforts will include clinics for referees and coaches, and the two groups will use the internet to spread ...
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Kelme is going to sponsor the international marathon of San...
Kelme is going to sponsor the international marathon of San Sebastian next Nov. 28, and the Spanish company is planning to have a presence on Facebook and Twitter from Dec. 1
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Article
Amer Sports is expected to announce a 50 percent improvement...
Amer Sports is expected to announce a 50 percent improvement in operating profit and a 21 percent increase in net profit to €44.3 million on 14 percent higher sales of €552 million for the fourth quarter of 2010 when it reports its full-year results on Thursday, according to the mean ...
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News briefs
Amer Sports has sold off the manufacturing site of Salomon...
Amer Sports has sold off the manufacturing site of Salomon that it wasn’t using in Rumilly, France, to the French company Ecologgia. The €8 million transaction means a capital gain of €7.4 million, and includes 15 hectares of land and 35,000 square meters of buildings. Amer used the campus to ...
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The chairman of Anta Sports, Ding Shizhong, is the 37th...
The chairman of Anta Sports, Ding Shizhong, is the 37th richest man in China with a net worth of $3.1 billion, according to the Hurun Report.
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News briefs
Pantaloon Retail India has opened a new Planet Sports store...
Pantaloon Retail India has opened a new Planet Sports store in the Growel Mall of Mumbai, the first to be based on a new concept. The 6,000-square-foot store displays products on the basis of category across brands. Research indicates that makes for easier navigation by customers. Some classifications include running, ...
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News briefs
Anta Sports has said that it got off to a...
Anta Sports has said that it got off to a strong start for 2010 with successful backing of the Chinese team at the Winter Olympics in Vancouver. By the end of the year, the Chinese company expects to have 7,400 Anta stores, 600 Sports Lifestyle Series stores and 350 Kids ...
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Article
Adidas Reports ‘Fantastic’ Quarterly Performance
Never shy of superlatives, the Adidas Group’s chief executive, Herbert Hainer, hailed a “fantastic” performance for the company since the start of the year – justifying a slightly improved forecast for the full year. After an already robust first quarter, the Adidas Group’s sales jumped by 18.7 percent to ...
