All News briefs articles – Page 1006
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News briefs
Fairpoint Outdoors, one of the leading players in the Scandinavian...
Fairpoint Outdoors, one of the leading players in the Scandinavian sport-fishing world, has started Move Mountains, a brand of apparel for outdoor sports and fishing. The Danish company’s biggest Scandinavian market is currently Norway, where it generates turnover of 30 million Danish kronor (€4.03m-$5.32m) annually, out of a total annual ...
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News briefs
Peter Wolf, who ran Karstadt from 2006 until the summer...
Peter Wolf, who ran Karstadt from 2006 until the summer of 2008, has sued its parent company, Arcandor, and its former chief executive, Thomas Middelhoff, requesting damages. He says his reputation has suffered following an interview last December where Middlehoff criticized him for high spending and made him responsible for ...
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News briefs
The 75-year-old chairman and co-founder of Giant is going to...
The 75-year-old chairman and co-founder of Giant is going to take a cycling trip from Beijing to Shanghai, a 1,688-kilometer trip that he plans to make in 20 days. King Liu will set off on May 9. He made the announcement at the opening day of the 2009 Taipei International ...
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News briefs
Intersport España is about to open its fourth factory outlet...
Intersport España is about to open its fourth factory outlet as well as the fourth fashion sport boutique under the name Unisport. All the units will be run by retail members of the Spanish buying group. In fact, a former chairman of Intersport España, Jordi Comes, has bought the first ...
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News briefs
Hervis Sports is scaling down its aggressive expansion program in...
Hervis Sports is scaling down its aggressive expansion program in Romania because of the difficult economic situation in the country. Instead of opening four or five new stores in Romania this year, it will open only its seventh Romanian store on 1,500 square meters next month in the Militari shopping ...
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News briefs
Bicycletas De Alava, better know as BH, has expanded its...
Bicycletas De Alava, better know as BH, has expanded its plant in Vitoria, Spain, to include new offices and a fully robotized warehouse. It will function as the Basque manufacturer’s main distribution center, shipping out 1,500 bikes worldwide every day. At the plant’s opening, it showed off its new G4 ...
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News briefs
Kaufhof has announced that it will shut down four insufficiently...
Kaufhof has announced that it will shut down four insufficiently profitable department stores by the end of 2010, when rental contracts expire. Claudia Reinery, a 42-year-old manager who is now in charge of sales at Karstadt, has agreed to join the Metro subsidiary by April 2010 at the latest. She ...
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News briefs
Sugoi Performance Apparel has launched a jacket small enough to...
Sugoi Performance Apparel has launched a jacket small enough to fit into one of the company’s back pockets. The Helium jacket is made of an ultra lightweight polyester shell, and the company says it is lighter than a T-shirt. It is wind- and water-resistant and features Scotchlite reflective material on ...
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News briefs
Foot Locker has secured a new four-year, asset-backed revolving credit...
Foot Locker has secured a new four-year, asset-backed revolving credit facility for up to $200 million initially with a consortium of lenders. Under the agreement, Foot Locker can make up to four requests for up to a total of $100 million additionally. The money can be used to issue letters ...
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News briefs
Globetrotter Ausrüstung, Europe’s largest multi-channel specialty outdoor retailer, increased its...
Globetrotter Ausrüstung, Europe’s largest multi-channel specialty outdoor retailer, increased its sales after VAT to €205 million in the last fiscal year ended Feb. 28, compared with €178 million the year before. The increase of around 15 percent exceeded the targeted growth of 10 percent. Both the mail order and the ...
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News briefs
Davide Rossetti, who has been running Invicta since it was...
Davide Rossetti, who has been running Invicta since it was sold by Diadora to Gruppo Seven in 2006, is being placed in charge of all the house brands of the Italian backpacks group as Invicta’s staff of about 20 people joins Seven’s large head office and distribution center near Turin, ...
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News briefs
Shimano Europe has combined its businesses in the Benelux countries...
Shimano Europe has combined its businesses in the Benelux countries and Germany, placing them under Frank Beissel as general manager. Mike Smink, a senior sales manager for Benelux and the international sales division, is the new senior sales manager for Shimano’s bike division. Gerard Bakkenes, marketing manager, will take over ...
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News briefs
Burton has laid off a small percentage of its staff...
Burton has laid off a small percentage of its staff in North America and is cutting salaries there as well – starting with its owners, Jake Burton and Donna Carpenter, who are eliminating their own pay. Employees who make the most will see the biggest cuts. In addition, bonuses and ...
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News briefs
Three shoe factories in China and one in Vietnam are...
Three shoe factories in China and one in Vietnam are the latest victims of the economic downturn, as Nike has announced it will stop orders from the plants, in addition to canceling shipments from contract facilities. The companies will have six months to find new customers and fill capacity. Cutd ...
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News briefs
Columbia Sportswear’s European operations have installed the position of a...
Columbia Sportswear’s European operations have installed the position of a trade marketing manager. It has hired Marc Hasenstein, formerly with The North Face. Hasenstein reports to Marijo Bee, director of apparel in Europe, and will support the product management team. For 2009, Columbia will focus on Austria and Germany as ...
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News briefs
Rallye, the French parent company of the Groupe Go Sport,...
Rallye, the French parent company of the Groupe Go Sport, reports a net loss of €86 million for 2008, compared with a net profit of €288 million the year before. The loss was partly due to exceptional charges of €69 million linked to a devaluation of the group’s portfolio of ...
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News briefs
Gore-Tex supports the “Skiers Regions Guide,” a web-based database developed...
Gore-Tex supports the “Skiers Regions Guide,” a web-based database developed by freeskiers.net. The database targets freeride skiers and supplies them with in-depth information on more than 50 ski resorts and their backcountry facilities.
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News briefs
Oxylane Group denies a report that Décathlon is postponing the...
Oxylane Group denies a report that Décathlon is postponing the opening of its own bike production facilities in the Lille area of France. Its B’Twin Village is scheduled as before to go on stream in the second half of 2010. Company officials would not comment on a related report from ...
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News briefs
The Outdoor Group of Wolverine World Wide has a new...
The Outdoor Group of Wolverine World Wide has a new president in James D. Zwiers, who has been with the company since 1998. In this position, he will be in charge of the company’s Merrell, Patagonia Footwear and Chaco businesses, while Scott Sible will focus on Merrell as president of ...
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News briefs
It was reported only now that HTM Ibérica, the Spanish...
It was reported only now that HTM Ibérica, the Spanish subsidiary of Head, has been run since last September by Bruno Lenglart, general manager of Head France. Nicolas Fauré, former category manager for racquet sports at Head France, is now sales and marketing manager of the Spanish subsidiary, which covers ...