Latest Headlines – Page 315
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The Stöcklis sell their shares to the Kaufmanns
The founding family of Stöckli Swiss Sports AG, established in 1935, has sold all of its shares to another Swiss family of entrepreneurs, the Kaufmanns. The latter have held an unspecified, but apparently substantial interest in Stöckli, an interesting company that has been making bicycles and skis and running a ...
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Mizuno recovers in Europe
While reporting a double-digit sales increase in Europe for its last financial year, ended on March 31, Mizuno Corporation announced that all its European operations outside the golf sector – running, indoor sports, football and performance underwear – will be based at the company's German subsidiary at Ascheim, near Munich.The ...
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The Tacchinis want their brand back
Sergio Tacchini, the 76-year-old former Italian tennis champion, and his 49-year-old son Alessandro have made a proposal to reacquire the rights to the Sergio Tacchini brand, which they had sold seven years ago to a Chinese supplier, Hembley. The rights are currently held by an Italian company, Sergio Tacchini International, ...
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USG expands European operations further
Jacques van der Manden has been appointed international business development manager for USG Brands, the Dutch company that owns Tenson and distributes or licenses many other brands. He takes the position from Steve Preston, who will now concentrate on USG's retail business. Van der Manden worked previously for O'Neill and ...
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GoPro has new plans
GoPro has filed the paperwork for a $100 million public offering on Nasdaq, providing some interesting figures and indicating that it plans to turn into a social media giant based on the huge video contents generated by more than 8.5 million customers who have bought its HD action cameras around ...
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Rob Fyfe becomes Icebreaker’s CEO
Switching jobs with the company's 44-year-old founder, Rob Fyfe has been appointed chief executive of Icebreaker, the New Zealand brand that pioneered merino wool apparel 19 years ago, with effect on June 2. The founder, Jeremy Moon, is going to act as executive chairman and creative director of the company.Fyfe ...
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Keen has a new president
Steve Meineke has agreed to act as president of Keen Footwear, starting on June 1. He comes from Accell Group, the big Dutch-based bicycle manufacturing group, where he led its North American subsidiary for the past two years. He previously acted as president of Raleigh America, now a property of ...
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Peak Performance improves margins
IC Companys reports a 4 percent increase in the revenues of its Premium Outdoor segment, represented by Peak Performance, in the third quarter of its financial year, ended on March 31. The revenues grew at a wholesale level of 8.3 percent as compared to the corresponding period of 2013, largely ...
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Vietnamese plants reopen after anti-Chinese protest
According to the latest reports from Vietnam, most of the the low-cost manufacturing operations that were shut down due to a wave of anti-China riots earlier this month have been reopened. Some will reportedly seek reimbursement from the Vietnamese government, with pressure from Taiwan, for damages suffered by their facilities.Almost ...
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Grendene licenses Olympikus for sandals
Grendene has signed a licensing deal for the manufacture and sale of Olympikus branded sandals. Olympikus' parent company, Vulcabras, and Grendene, which makes sandals under the Ipanema, Rider and Cartago brands, belong to different parts of the Grendene family.Aside from a couple of brands of fashion shoes, Azaleia and Dijean, ...
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Alpargatas expands in Europe and into apparel
According to Alpargatas Europe, sporting goods stores represent around 35 percent of its Havaians business in the continent and the ratio is growing thanks to stengthened relations with retailers and buying groups, especially in Germany.Alpargatas has taken over the distribution of its products in the German-speaking and Benelux countries, starting ...
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England Golf invests to encourage youth golf
England Golf has invested £87,900 (€108,563-$147,971) to encourage youngsters to get into golf and the investment has paid off. Almost 16,000 boys and girls received golf coaching in the year to the end of March. Of those, around 2,000 youngsters have gone on to become junior members of golf clubs.Almost a quarter ...
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An improved OutDoor show is on the agenda
Messe Friedrichshafen has opened online registrations for the 21st session of the OutDoor fair, scheduled for July 10-13, which will feature a number of improvements in the back office and on the show floor.The biggest visible changes will take place in Hall A2. Called the Hall of Visions, it ...
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Asia Outdoor will have a Running Village
Asics, Odlo, Salomon, X-Bionic and Skins will be among the international brands that will present their products in a new “Running Village” at the ninth edition of the Asia Outdoor trade show in Nanjing on July 23-26. The new initiative will be accompanied by various running-related events.Aside from a “Night ...
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Tough start of the year for the Big a
Adidas Group's financial results for the first quarter reflect the challenging start of the year that its management had already warned investors about. However, Herbert Hainer, the group's chief executive, noted “many positive underlying trends” that should lead to an acceleration of its performance for the remainder of 2014.Currency headwinds ...
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Adidas may sell Rockport
The Adidas Group has mandated an investment bank, Guggenheim Partners, to review proposals for the acquisition of Rockport, following an increasing number of inquiries by potential investors in the past few months. The candidates are said to be other shoe companies as well as private equity firms.Adidas bought the Massachusetts-based ...
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Adidas relocates more managers
The executive board of the Adidas Group has decided to have more rotation among its managers between the head office and the markets, among the markets themselves and among its different brands upon the recommendation of Roland Auschel and Eric Liedtke, the board members responsible for global sales and global ...
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Encouraging signs for Puma & Co.
Ahead of Puma's release of its financial results for the first quarter, which is scheduled for next Wednesday, its parent company, Kering, indicates that its sales were broadly stable in the first quarter, both at wholesale and at retail, with an overall decline of 0.4 percent in constant currencies, although ...
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Asics improves strongly, not just in yen
Asics Corporation reports a sales increase of 26.6 percent to 329.5 billion yen (€2,351.86m-$3,236.26m) for the financial year ended March 31. Sales rose by 6.7 percent in the domestic Japanese market, reaching ¥100.3 billion (€715.91m-$985.12m). They grew by 37.9 percent to ¥229.1 billion (€1,635.24m-$2,250.16m) in the rest of the world, due in ...
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A strong quarter for Callaway
Quoting information from Golf Datatech while commenting on its first-quarter results, the management of Callaway Golf informed financial analysts that it improved its market shares in golf equipment by 5.1 percentage points to 19.3 percent in the U.S., by 6.5 percentage points to 17.8 percent in the U.K. and by ...
