All News briefs articles – Page 1003
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News briefs
Sportler has opened its 20th store in the Italian town...
Sportler has opened its 20th store in the Italian town of Merano, close to the Austrian border. Replicating a business model that it has successfully followed in Bolzano, the new 1,000-square-meter outlet is based on the Sportler Alpin format, which is totally dedicated to outdoor sports. The €500,000 investment by ...
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News briefs
Though 2008 got off to a bad start in Finland’s...
Though 2008 got off to a bad start in Finland’s sporting goods industry, and was bookended with a deteriorating economic climate, overall for the year it saw growth of 5.3 percent to €1,014.8 million before VAT at the retail level, according to an annual survey compiled by Sporttymyyjä. At the ...
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News briefs
Ispo China 2010 will be held from March 4-6 at...
Ispo China 2010 will be held from March 4-6 at the China International Exhibition Centre in Beijing. Moving the dates from February to the beginning of March accommodates China’s two-week celebration of the Chinese New Year, which in 2010 is Feb. 14. The show’s collaboration with Alpitec China will also ...
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News briefs
The annual net loss at Orange 21, the parent of...
The annual net loss at Orange 21, the parent of Spy Optic, rose by 90 percent to $15.2 million, but included non-cash charges of $8.4 million for goodwill impairment related to the California company’s acquisition of LEM in Italy in 2006. Annual sales grew by 1.6 percent to $47.3 million. ...
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News briefs
Groupe Rossignol is going to inject €38 million into its...
Groupe Rossignol is going to inject €38 million into its Dynastar subsidiary to refinance its operations, although it is reported to have a similar level of profitability as other activities of the group. Meanwhile, officials of Dynastar have expressed worries about a possible loss of identity for the brand in ...
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News briefs
Décathlon reports a 9.8 percent sales increase for its Spanish...
Décathlon reports a 9.8 percent sales increase for its Spanish store network in 2008, down from the 18.5 percent increase recorded in 2007. Coming short of a target to reach the €1 billion level, Spain’s leading sports retailer recorded a turnover of €979 million last year. Sales were boosted by ...
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News briefs
The Adidas Group is moving ahead with further integration of...
The Adidas Group is moving ahead with further integration of its Adidas and Reebok businesses in the United Kingdom. After the decision to close down the former Reebok office in Bolton by the end of this year, the supervision of both the Adidas and Reebok brands in the country is ...
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News briefs
Intersport España is doing business again with Todosport, a Spanish...
Intersport España is doing business again with Todosport, a Spanish retailer belonging to the Paños group that had been one of its members until five years ago. Todosport will continue to trade under its own banner through its 21 corporate stores and its 17 franchises, but it will no longer ...
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News briefs
The board of directors of Amer Sports has decided to...
The board of directors of Amer Sports has decided to cancel an extraordinary general meeting that had been scheduled for April 28. Novator Finland, which is now the company’s largest shareholder, had requested the meeting to review the nomination process for the members of the board and possible to elect ...
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News briefs
Suunto, the subsidiary of Amer Sports that makes sports precision...
Suunto, the subsidiary of Amer Sports that makes sports precision instruments, has bought Tacktick, a manufacturer of wireless marine sensors. Tacktick, a U.K.-based company, has 14 employees, all of whom will be staying on. It was formed in 1996 and makes solar-powered wireless instruments for use on dinghies, sports boats, ...
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News briefs
Jarden Corporation has announced preliminary first-quarter results, stating that it...
Jarden Corporation has announced preliminary first-quarter results, stating that it expects revenues of $1.14 billion, down from $1.22 billion in the first quarter last year but almost 3 percent higher than previous forecasts. About two-thirds of the drop can be attributed to currency exchange rates. Final and more detailed figures ...
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News briefs
Exel, the Finnish company, changed its name at its annual...
Exel, the Finnish company, changed its name at its annual general meeting on April 16. Instead of Exel Oyj, it will be hence be called Exel Composites Plc. This reflects a focus on its composites business, which it cited when it sold off its floorball business in March. The company ...
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News briefs
The Boston Athletic Association (BAA), which organizes the annual Boston...
The Boston Athletic Association (BAA), which organizes the annual Boston Marathon, has extended its agreement with Adidas, which has already been affiliated with the marathon for 20 years. The new deal runs through 2021, which includes the 125th anniversary of the BAA and the 125th running of the marathon in ...
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News briefs
Herman Ossenblok has been appointed general manager of Sneakers and...
Herman Ossenblok has been appointed general manager of Sneakers and Cinderella, two Dutch footwear chains belonging to the same shareholders. Cinderella, a chain of 21 fashion footwear stores, was sold last year by the Bons family to Rikon Holding, which already owned Sneakers, a chain of 41 stores around the ...
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News briefs
The Russian Association of Sporting Industry Manufacturers (APSI) celebrated its...
The Russian Association of Sporting Industry Manufacturers (APSI) celebrated its fifth anniversary on April 10. In five years the association has managed to bring together the key players of the Russian sports industry and represent the interests of Russian companies in the sporting goods segment: manufacturers, suppliers, distributors and retailers. ...
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News briefs
The Federation of Sports and Play Associations in the U.K....
The Federation of Sports and Play Associations in the U.K. has set the date for its workshop event for FSPA members, Sport England, its network of county sports partners and national governing bodies. It will be held on May 21 at Canary Wharf in London. The event is meant to ...
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News briefs
Rucanor, the Dutch sports brand, is preparing to lay off...
Rucanor, the Dutch sports brand, is preparing to lay off about 10 percent of its staff as part of the cost-cutting measures to be implemented by its new owners. The company was acquired earlier this year by investors around Atlantic Capital and Martijn Nelissen, formerly in charge of the fitness ...
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News briefs
The Brandery is the name of the new fashion fair...
The Brandery is the name of the new fashion fair being organized in Barcelona twice a year, following the move of Bread & Butter to Berlin. The first session will take place on July 7-9. It will be hard, however, to reach the stated target of 10,000 visitors.
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News briefs
Briko is going to launch a new line of technical...
Briko is going to launch a new line of technical cycling clothing for spring/summer 2010 under the name of Paolo Bettini, an Italian champion who has just retired from competition at the age of 35.
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News briefs
It was a busy product introduction week last week for...
It was a busy product introduction week last week for Nike, which unveiled two new products. At a Saturday NBA game, LeBron James showed off the Zoom Soldier III shoe, the lightest shoe so far designed for the star basketball player. The shoe weighs just 0.40 kilograms and features a ...
