Latest Headlines – Page 314
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Action on the sports recruitment front
GlobalSportsJobs, the U.K.-based online recruitment company, is launching its platform in France. The new operation is run by Nicolas de Resbecq, who recently sold a website called MySportConnect.net. It follows the establishment of a similar website for the German market less than one year ago, headed up by Tobias Tromlik.Will ...
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Intersport is launching new retail concepts
Next year Intersport International Corporation will be launching a new specialist retail concept that franchisees can adopt for their smaller stores. Franz Julen, chief executive of IIC, declined to provide any further details at this stage but told us that the new project will be coupled with the development of ...
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Sport 2000 starts to work with Nike
After a first trial in Eastern Europe, Sport 2000 International has agreed on a wider cooperation with Nike to stimulate sports participation as part of the brand's “Designed to Move” campaign. The project was outlined to representatives of the national Sport 2000 organizations at its annual meeting in Bratislava last ...
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Wholesale woes sink Quiksilver’s value
The company's quotation on the stock exchange nosedived by 40 percent to $3.50 after its management indicated that it would probably take one year longer than expected to reach the targets it had outlined in its May 2013 strategic review. The statement, which accompanied the release of the company's results ...
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Musical chairs at Nike
Marc van Pappelendam returns in a way to previous responsibilities within Nike's European operation with his appointment as vice president and general manager for Central & Eastern Europe. He is taking the place of Michaela Stitz, who is leaving the group on Aug. 1. Stitz had been placed in charge ...
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Wolverine brings in executives from Adidas and Pentland
Wolverine Worldwide has announced three important new executive appointments including that of James D. Zwiers as president of its International Group, which it created three years ago to accelerate its global growth. While Zwiers is a company insider, the two other new executives come from important foreign groups.Zwiers has held ...
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Barry Bown leaves JD
JD Sports Fashion has announced that its long-time chief executive, Barry Bown, is stepping down from its board with immediate effect, after 30 years with the company. He will remain a consultant to JD.While praising his “significant contribution to the growth and development” of the company, a public statement by ...
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GoPro names president from Microsoft, goes for a $3 billion valuation
GoPro, the American brand of high-definition cameras used in sports and extreme action video photography, has appointed a former executive of Skype and Microsoft, Tony Bates, to the new position of president ahead of its long-awaited initial public offering. Reporting directly to GoPro's founder and chief executive, Nicholas Woodman, Bates ...
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Electric turns into a lifestyle brand
Electric, the Californian brand of sunglasses co-founded by Kipp Arnette 14 years ago, has run last week a temporary store across from the entrance of the huge Citadium lifestyle store in downtown Paris, featuring its new logo and an expanded line of products being developed under the same brand. Other ...
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Lululemon wants 40 stores outside North America
The new management of Lululemon Athletica, led by Laurent Potdevin, wants to push its international operations and play a stronger role in men's, which currently represent 13 percent of sales, after posting relatively poor results for the first quarter ended May 4. The Vancouver-based company reported a 60 percent drop ...
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Adidas partners with Bluesign
The Adidas Group wants to project a greener image with two new moves on the environmental front. It has decided to become a systems partner of Bluesign Technologies and it has made new public commitments to the phase out of harmful substances.Through Bluesign Technologies, the group's suppliers worldwide will be ...
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Brooks survey shows that running is sexy
To celebrate National Running Day in the U.S., Brooks Running Company connected with runners across the country to find out what running means to them. The company's second annual “Brooks Run Happy Nation Report” revealed that for 76 percent of all runners, people look sexy when they are running and ...
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Analysis: The sports apparel market 2013
The growth of the market softened from the rates of 8.1 percent and 2.6 percent recorded in 2011 and 2012, respectively, according to the annual study of the sports apparel sector conducted by Sporting Goods Intelligence. The major sporting goods companies raised their apparel revenues by only 1.8 percent to ...
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Nike is growing faster than Adidas
The two-horse race between Adidas and Nike is heating up. It always does on the eve of a football World Cup, where both brands will again have strong visibility, starting two weeks from now. Nike is going to outfit ten teams including the host, Brazil. Adidas will clad nine teams, ...
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The global football market should grow by 8% in 2014, says NPD
In 2014, the global football market is expected to generate retail sales of around €12.5 billion, up 8 percent compared with 2013, according to a recent study by NPD Group. The market this year will be boosted by the Fifa World Cup that starts in Brazil in a few days. ...
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Puma stabilizes
The first quarter of this year was better than the fourth quarter of 2013 for Puma as the company started to see the fruits of numerous strategic initiatives, but the new chief executive, Björn Gulden, cautioned that 2014 will still be a transitional, “turnaround” year. Sales will start to improve ...
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Foot Locker continues its momentum
Foot Locker is setting up new stores in under-penetrated markets in Europe and planning to further develop e-commerce in the continent, leaning on the digital platform of the Runners Point Group (RPG). Six new stores were opened in France during the first quarter of 2014, ended on May 3. E-commerce ...
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B24 acquires bWise Commerce
B24, a provider of software solutions for electronic trade flows in the retail trade, has acquired the Norwegian company bWise Commerce, which delivers EDI solutions to the sporting goods industry in Norway. It is a partner with the Norwegian sporting goods industry association, Sportbransjen.According to Bård Kristiansen, CEO of Sportbransjen, ...
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Swiss Intersport creates new roles
The board of directors of Intersport PSC Holding, Swiss licensee of Intersport International Corp., has decided to expand the management, appointing four executives in charge of different activities. They will report to Patrick Bundeli, the former chief financial officer of the company, who was recently appointed chief executive following the ...
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Zalando’s growth slows down
Zalando, the big European internet retailer, has reported a 35 percent sales increase to €501 million in the first quarter, including a rise of 27 percent to €223 million in the German-speaking area. The company's sales had surged by 74 percent in the same quarter a year ago, following its ...
