Latest Headlines – Page 491
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Karstadt Quelle says it completed its reorganization successfully in the...
Karstadt Quelle says it completed its reorganization successfully in the 4th quarter of 2006, posting a sales increase of 1 percent to €4.2 billion without include Neckermann and other operations being spun off. The brick-and-mortar business, which includes the Karstadt Sport superstores, grew by 4.4 percent to €1.38 billion, with ...
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The majority of the retail members of SED who were...
The majority of the retail members of SED who were selling bikes and bike accessories in France under the Véloland banner on 16 stores, have split off and bought the rights to the brand to form their own buying group, leaving the French buying group with two other banners, Twinner ...
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Shakespeare, the fishing tackle subsidiary of K2, has bought Penn...
Shakespeare, the fishing tackle subsidiary of K2, has bought Penn Fishing, a U.S. company based in Philadelphia that is described as a market leader in salt-water trolling, spinning reels and salt-water rods. Financial terms of the purchase were not disclosed. Penn will likely remain based in Philadelphia and will continue ...
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Elisa, a large Finnish telecommunication operator with annual sales of...
Elisa, a large Finnish telecommunication operator with annual sales of some €1.5 billion, has taken over FRWD, a small bankrupt Finnish developer of outdoor computers that entered the consumer market two years ago. FRWD, which stands for Forward, says it had gotten excellent feedback for its new series of sports ...
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In line with its policy to control more of the...
In line with its policy to control more of the distribution of Reebok’s products around the world, the Adidas Group has bought the rights for the Reebok brand from the former distributor, RBK Sport Urunieri, through its own Turkish subsidiary, Adidas Spor Malzmeleri Satis ve Pazarlama. Haluk Özmutlu, managing director ...
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The Hockey Company will change its name to Reebok-CCM Hockey,...
The Hockey Company will change its name to Reebok-CCM Hockey, reflecting its focus on two of its brands, Rbk and CCM. It will continue to operate also under the Reebok, Jofa and Koho brands.
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Erima has set up a new subsidiary in Holland for...
Erima has set up a new subsidiary in Holland for the Dutch and Belgian markets, led by Arian Verrijt who has been associated with the German team sports brand since 1997. The German company says it reached its previously targeted turnover of €44 million in 2006. The visibility of the ...
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The Salewa group has appointed Christopher Sword as managing director...
The Salewa group has appointed Christopher Sword as managing director and president of its newly established North American subsidiary, Salewa USA. Sword was previously the director of marketing, product development and corporate development for Russell Corporation’s Outdoor Group. Flanking him will be Tim Kelley, named sales director. Kelley was most ...
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Scott Lewis stepped down last week as commercial director of...
Scott Lewis stepped down last week as commercial director of Oakley Europe. His functions will be taken over by Giuseppe Servidori, who was appointed managing director and vice president of the French-based subsidiary in January 2006. Lewis worked for Oakley for nearly ten years, previously as managing director of Oakley ...
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David Sanderson, a former Reebok executive who ran its Rockport...
David Sanderson, a former Reebok executive who ran its Rockport division and was president of Dexter, has been named as president of Isaac Daniel LLC, a company based in Miami that is introducing this year the Compass, a patented sneaker with an embedded Global Positioning System (GPS) system. The shoe ...
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Goldwin will enter the European motorcycle apparel market this February,...
Goldwin will enter the European motorcycle apparel market this February, beginning in Italy. The company’s motorcycle apparel has been sold in Japan since 1983. The brand hopes to reach sales of $1.7 million in Europe by 2010. After about two years on the Italian market, where Goldwin has its European ...
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Icon Health & Fitness’ consolidation of some of its production...
Icon Health & Fitness’ consolidation of some of its production in Utah will result in about 250 people losing their jobs in mid-March, when the company will close its factory in Clearfield and fold them into its facility in Logan. Icon is eliminating a total of 450 positions at its ...
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BasicNet has signed a licensing agreement with House of Scandinavia...
BasicNet has signed a licensing agreement with House of Scandinavia Fare, which will produce and market a range of fragrances and beauty care products under the Kappa and Robe di Kappa brands. The 8-year deal specifies a minimum amount of sales over the period, guaranteed for over €30 million, and ...
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Puma has signed a long-term sponsorship agreement with FC Brügge,...
Puma has signed a long-term sponsorship agreement with FC Brügge, the Belgian first division football club, which will take effect from the 2007/2008 season. This makes Puma the official supplier of all competition and training apparel and equipment. The endorsement deal aligns FC Brügge with other clubs sponsored by Puma, ...
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Li Ning has announced a major 6-year sponsoring agreement with...
Li Ning has announced a major 6-year sponsoring agreement with Argentina’s professional basketball league, the Confederación Argentina de Basquet (CABB), beginning this year. Through the deal, Li Ning will sponsor a line of specially designed sports apparel at major international sports events like the 2008 Olympics in Beijing and the ...
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Li Ning, the Chinese sporting goods company, has signed an...
Li Ning, the Chinese sporting goods company, has signed an agreement with the CCTV National Sports TV Channel in China which sees all hosts and reporters on the channel wearing apparel sponsored by Li Ning in 2007 and 2008. Li Ning is providing the Li Ning and Aigle brands for ...
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Bever Zwerfsport of the Netherlands and Platou Sport of Bergen...
Bever Zwerfsport of the Netherlands and Platou Sport of Bergen in Norway are the first retailers that have become members of the European Outdoor Group’s (EOG) Association for Conservation. Messe Friedrichshafen, organizer of the OutDoor fair, has also joined the EOG, whose members include brands such as Nike, Salomon, The ...
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Keen Footwear has launched Hybrid.Give, which follows on from Hybrid.Life...
Keen Footwear has launched Hybrid.Give, which follows on from Hybrid.Life and is part of the Keen Foundation which supports environmental and social causes. The foundation was established after the Tsunami disaster with money that had been redirected from its advertising budget. For 2007, the foundation is supporting nine initiatives, including ...
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Schoeller Textil has received the 2006 Frost & Sullivan award...
Schoeller Textil has received the 2006 Frost & Sullivan award for product innovation of the year for its waterproof and windproof membrane technology, called c_change, which stands for «climate change.» The membrane adapts to changes in temperature and humidity, and is designed to offer wearers a high level of breathability ...
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Lotto Sport Italia has signed a technical sponsorship agreement with...
Lotto Sport Italia has signed a technical sponsorship agreement with the Liquigas Team in a move designed to associate its name with bike racing. Filippo Pozzato and other members of this major Italian bike racing team will wear technical after-race materials, clothing, footwear and accessories under the Lotto brand throughout ...