Latest Headlines – Page 277
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Changes at Camelbak’s reins
Sally McCoy is leaving as chief executive of Camelbak Products after nine years in the role and five months after its sale by Compass Diversified to Vista Outdoor. A well-known personality in the outdoor industry, McCoy grew Camelbak from $122.2 million in 2010 to $160 million before the latest change ...
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Changes at K-Swiss' helm
Truman Kim, chairman of K-Swiss Global Brands, is adding the title of chief executive of the company, as Larry Remington retires as president and CEO. They had been appointed to their respective positions immediately after the acquisition of K-Swiss by E-Land of South Korea in the spring of 2015.The company ...
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New management for Apex Ski Boots
Kevin Tice is taking over as chief executive and president of Apex Ski Boots after several years at the company, most recently as chief operating officer and chief financial officer. He takes over from Denny Hanson, who co-founded the Apex ski boot brand in Boulder in 2006. Tice is also ...
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Brooks runs at a slower pace
Brooks Running says it raised its global sales by 5 percent in terms of volume during the past year, with increases of 5 percent in North America, 3 percent in Europe, the Middle East and Africa, and 8 percent in Asia-Pacific and Latin America. It did not provide figures in ...
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UA invests in digital fitness gear
After several acquisitions in connected fitness communities last year, Under Armour has come up with its own package of connected fitness devices, consisting of a health tracking system, as well as a smart shoe and two wireless headphones.Meant to be used with a new version of the company's UA Record ...
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New Balance launches digital division
Another sports apparel and footwear company that made its mark in the digital business at the Consumer Electronics Show (CES) in Las Vegas is New Balance, which announced a smart watch to be launched by a new Digital Sport division toward the end of the year.New Balance Digital Sport is ...
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Partial win for selective distribution in Germany
In a high-profile case around selective distribution, the competition chamber of Frankfurt's higher state court (Oberlandesgericht) has decided that Deuter Sport should be allowed not to deliver to retailers who sell their products through marketplaces such as Amazon. On the other hand, the court found it unacceptable from a competition ...
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European industry takes action on digital single market
European sporting goods retailers and suppliers are teaming up to take an active part in the decision-making process around the European Union's digital single market project, which is taking shape this year and could have far-reaching repercussions on distribution strategies in the European sporting goods market.Fesi, the federation of the ...
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WFSGI Forum shows new ways of motivating workers
Confronted with rising wages and high worker turnover rates, manufacturers in China and other increasingly less “low-cost” countries are introducing systems that engage the workforce and stimulate higher productivity rates. Examples of these non-monetary benefit systems were given at the third Manufacturers Forum, organized by the World Federation of the ...
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No end in sight for Nike growth spurt
There's still no end in sight to the latest growth spurt at the Nike group, as its sales advanced by 4 percent to $7,686 million and by 12 percent in constant currencies for the quarter until the end of November. Even more impressively, futures orders for the Nike brand were ...
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Receivers file for Macintosh bankruptcy
Macintosh Retail Group announced yesterday that its receivors asked a Dutch court to withdraw a suspension of payments granted to the retail company earlier this month, and to simultaneously decide on bankruptcy for the group. Macintosh is the parent company of several shoe retailing concepts and a significant partner for ...
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Sanfo on the stock market – at last
Beijing Sanfo Outdoor Products, which claims to be China's largest specialty retail group in the outdoor sector, had a good start at the Shenzhen Stock Exchange on Dec. 9. The retailer raised about 160.1 million yuan renminbi (22.6m€- 24.7m$) from its long-awaited initial public offering, issuing 17 million new shares ...
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Allsport is taking a break
Allsport Moden, the Austrian outdoor and winter sports apparel company, has decided to terminate production and distribution of the Allsport brand after the upcoming summer range. The company wants to take a break to rethink its business approach and to offer its services to other sports and outdoor companies, as ...
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Swix buys Norwegian bike brand
The Swix Sport Group is further expanding its offering with the acquisition of Hard Rocx, a Norwegian brand specializing in high-end mountain bicycles, which should be completed at the start of next year. The Swix group, which already owns several brands of outdoor and winter sports apparel, footwear and equipment, ...
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Karhu ski production returns to Finland
Karhu Holding, the company that holds rights to the Karhu brand for skis, running and other sports products, has struck a new licensing agreement for production and sales of Karhu-branded cross-country skis, boots and poles. Covering Europe, Russia and CIS countries, Japan and South Korea, the deal will allow Karhu ...
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Sport-Tiedje buys U.K. stores
Sport-Tiedje, the German retailer of fitness equipment, has taken over Powerhouse Fitness, an originally Scottish fitness chain, which runs outlets both in Scotland and in England. Powerhouse Fitness operates nine stores in Glasgow, Nottingham, London, Newcastle, Aberdeen, Edinburgh and Leeds as well as an online shop. The takeover was agreed ...
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SDI disgruntled about Findel vote
Sports Direct International (SDI) issued an angry statement after shareholders in Findel, a specialized British retailer in which SDI owns a stake of 17.5 percent, rejected its proposed appointment of Benjamin Gardener as a board member at an extraordinary shareholders' meeting on Dec. 21. The proposed appointment was rejected by ...
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VF looks for closer partnership with some factories
Participants in the third Manufacturers Forum, organized by the World Federation of the Sporting Goods Industry (WFSGI) in Hong Kong earlier this month, called on sports brands to develop a more collaborative spirit along the supply chain in order to optimize processes and reduce costs.The message was relayed through numerous ...
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Sport participation in Spain is on the rise
According to a recent survey by the Spanish Ministry of Culture and Sports, 53.5 percent of the Spanish citizens aged 15 or more have participated in sport over the last 12 months. This percentage, which includes both regular and occasional participants, represents a 9.2 percent increase since the previous survey ...
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The world's biggest retail chains grew faster in 2014
The 73 biggest integrated sporting goods retailers raised their sales to $92.2 billion in 2014, according to an annual SGI survey, indicating growth of 8.4 percent in local currencies and 7.5 percent in U.S. dollars. This represents a slight acceleration in their expansion as compared to 2013, when their sales ...
