All News briefs articles – Page 1005
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News briefs
Alexander Popov, the Russian swimming star, is expected to be...
Alexander Popov, the Russian swimming star, is expected to be elected the board of directors of Adidas at the company’s annual meeting next May 7 along with Herbert Kauffmann, a top executive of Daimler. These two persons, who are 37 and 57 years old, respectively, are due to replace two ...
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News briefs
The British company Reflec has bought all the shares in...
The British company Reflec has bought all the shares in its American joint venture, Reflec USA, for $2 million from Reflec USA’s former president, Peter Smith. The new subsidiary is called Reflec Technology, and its goal is to expand the company’s high-tech reflective fabrics globally. Reflec USA had been working ...
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News briefs
DJO, the American orthopedics company that merged at the end...
DJO, the American orthopedics company that merged at the end of 2007 with ReAble, former owner of Compex-Cefar, has decided to close two small French offices at Annecy and Chantonnay, each of which employs about 25 persons, and to regroup their operations at the company’s main French office at Mouguerre, ...
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Jørgen Andsbjerg, a retail expert who has run DIAS Danmark,...
Jørgen Andsbjerg, a retail expert who has run DIAS Danmark, has been elected as the new chairman of Sport Danmark, the buying organization for the Sport-Master stores in Denmark. Replacing Eric Schou, he has the task of restoring the company to profitability after a year in which it suffered an ...
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News briefs
Timberland strikes another blow for the environment, announcing that it...
Timberland strikes another blow for the environment, announcing that it is going to launch two new collections of shoes using recycled tires for the outsoles. The company says it will be the first footwear manufacturer to use Green Rubber proprietary and patented technologies, producing 200,000 of the new shoes for ...
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News briefs
Stefan Lörke is the new head of outdoor apparel and...
Stefan Lörke is the new head of outdoor apparel and accessories at Adidas, starting at the beginning of April. The 42-year-old comes from Schöffel, where he was the head of product management. In his new job he will report to Rolf Reinschmidt, the senior vice president for global outdoor Adidas. ...
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News briefs
Knut Krumholz, a retailer who has been member and chief...
Knut Krumholz, a retailer who has been member and chief of Intersport Germany’s supervisory board, is going to hand over his functions in his own sports stores to his son Oliver by Sept. 1. He will remain in the company as a member of the supervisory board of Intersport Krumholz ...
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News briefs
The owner of a company in Vicenza, Italy, has been...
The owner of a company in Vicenza, Italy, has been arrested after customs officials intercepted a shipment of 35,000 counterfeit Crocs at the port of Genoa. The shoes were on a boat from China.
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News briefs
Lotto's first flagship store in Beijing was opened last week...
Lotto's first flagship store in Beijing was opened last week as the Italian company and its new Chinese licensee, Li Ning, unveiled the first Lotto collection created for the market. The 20-year partnership, which excludes the territories of Hong Kong and Macau, calls for the opening of 260 mono-brand stores ...
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News briefs
Messe München is promoting its new Bike Expo show with...
Messe München is promoting its new Bike Expo show with attractive side events. Under the slogan “Big in Bavaria,” the organizers are inviting the top 10 of both the BMX and the mountain bike scenes for contests in a dirt jump line to be held on July 25 and 26.
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News briefs
Paul Fireman’s private equity firm, Fireman Capital Partners, has bought...
Paul Fireman’s private equity firm, Fireman Capital Partners, has bought a controlling stake in the upscale Hudson Jeans brand in collaboration with Webster Capital. The deal is said to be worth about $30 million, and is hoped to help expand the brand both within the U.S. and outside the domestic ...
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News briefs
Nike is in court in Shanghai, China, for its case...
Nike is in court in Shanghai, China, for its case against two companies there that it says are infringing on its trademarked logo of the silhouette of Michael Jordan slam-dunking a basketball. Shanghai Century Lianhua Chengshan Supermarket Company sold sports pants featuring the logo, and bought them from Changhai Kangchen ...
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News briefs
The Odlo Sports Group is getting a new chief executive...
The Odlo Sports Group is getting a new chief executive on April 1, as Andreas Kessler replaces Odd Roar Lofterød, who will keep his position as chairman of the company’s supervisory board. Kessler, 44, has been Odlo’s head of marketing since last autumn, after working for Unilever and Swatch. and ...
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News briefs
China’s textile and garment industry is getting a helping hand...
China’s textile and garment industry is getting a helping hand from the government in the form of higher export rebates. To help the industry get through the tough economic times, the tax rebates are being raised by another percentage point, the fourth increase since last August. The new rate of ...
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News briefs
Hamm Market Solutions, the German company that was formerly the...
Hamm Market Solutions, the German company that was formerly the licensee of Tommy Hilfiger footwear, has been picked by PeakPerformance, the Swedish sports and lifestyle apparel label, as its European licensee for footwear. Hamm is in charge of design, product development and distribution throughout Europe. The sporty collection will be ...
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News briefs
RegioPlan, the Vienna-based consultancy firm, says in its latest report...
RegioPlan, the Vienna-based consultancy firm, says in its latest report on the Central and Eastern European countries that due to the global financial crisis, the boom of developing shopping malls in those emerging markets has come to a halt. While only 10 percent of the planned shopping malls in the ...
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News briefs
CORRECTION: Russell plans to shut only one of its three...
CORRECTION: Russell plans to shut only one of its three plants in Honduras because of declining orders. The issue has led to some controversy as more than a dozen U.S. colleges canceled licensing contracts with the brand, thinking that the choice of the factory was due to its recent unionization. ...
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News briefs
A manager of Hervis Sport says that a Romanian court...
A manager of Hervis Sport says that a Romanian court has closed a case that had been opened against the chain in the country under Romanian legislation by a service provider. That company had requested that the court pronounce the insolvency of Hervis’ Romanian subsidiary because it had not been ...
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News briefs
Stephen Proctor has stepped down as the head of IFM...
Stephen Proctor has stepped down as the head of IFM Sports Marketing Surveys, and the new managing director is Frank Saez. Saez’ previous positions include vice president of Comperio, the research division of IMG, and as director of research at Kagan Media World. Proctor will remain a director of the ...
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News briefs
Quiksilver Europe has named two new executives to step in...
Quiksilver Europe has named two new executives to step in for the departing vice president for finance and operations, Sébastian Loux. Pierre Boccon-Liaudet is the new chief financial officer and José Cledera is the new chief operating officer. Boccon-Liaudet, 40, has been finance director of the company since he joined ...