All News briefs articles – Page 1009
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News briefs
ZEG, Germany’s leading buying group for bicycle retailers, is taking...
ZEG, Germany’s leading buying group for bicycle retailers, is taking over Véloland, the French franchised co-operative. According to press reports, all 16 shareholders are about to sell their stakes to ZEG. Currently, the French retail network has some 70 outlets under the Véloland format as well as Véloland City, with ...
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News briefs
The board of directors at Callaway Golf has expanded by...
The board of directors at Callaway Golf has expanded by one with the addition of John F. Lundgren, the eighth member. Lundgren is chairman and chief executive for the Stanley Works, a tool and security company in the U.S. Before that he was president for European consumer products at Georgia ...
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News briefs
Jack Wolfskin and Lafuma have both recruited leading executives in...
Jack Wolfskin and Lafuma have both recruited leading executives in the Netherlands. Marcel Postma started from the beginning of this month as Dutch sales manager at Jack Wolfskin Benelux. For the last two years he was a buyer at Intersport Nederland, dealing with several equipment categories and outdoor apparel and ...
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News briefs
Intersport has launched a marketing campaign under the Run Free...
Intersport has launched a marketing campaign under the Run Free Now tag. According to the group, it is the largest campaign promoting running, and is conducted in cooperation with Asics and Adidas. Customers of European Intersport shops can join a raffle in which the champion can win €75,000 and 18 ...
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News briefs
The number of retail doors carrying Nikita, the Icelandic women’s...
The number of retail doors carrying Nikita, the Icelandic women’s snowboarding brand, has increased considerably over the past year, notably in the fashion segment, as the company has been making its streetwear collection more feminine to appeal to a wider variety of retailers. The size of its purely fashion collection ...
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News briefs
Ochsner Sport, Switzerland’s leading sporting goods retail chain, increased its...
Ochsner Sport, Switzerland’s leading sporting goods retail chain, increased its sales by 11.4 percent to 394 million Swiss Francs (€266.8m-$340.5m) in 2008. A driving force behind the impressive increase was the Euro soccer cup, which Switzerland co-hosted in 2008. In cooperation with SFV, the Swiss soccer association, Ochsner inserted fan ...
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News briefs
In the new position of chief operating officer for Puma,...
In the new position of chief operating officer for Puma, Klaus Bauer will take over the responsibilities of Dieter Bock, the chief financial officer who is stepping down for personal reasons. In addition to finance, Bauer will also be responsible for legal, operations, logistics, information technology and human resources, effective ...
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News briefs
PT Prima Inreksa Industries (PII), an Indonesian shoe manufacturing company...
PT Prima Inreksa Industries (PII), an Indonesian shoe manufacturing company that had worked for Adidas since 1997, faces bankruptcy for failing to meet debt payments worth over US$37 million. Creditors include the Bank of Negara Indonesia and CV Cisarua, a leather supplier. The problem stems from the global financial crisis ...
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News briefs
The Italian government is considering a proposal by the industry...
The Italian government is considering a proposal by the industry organization ANCMA for a 30 percent tax incentive on electric bikes. Not only would this help cut carbon emissions in urban areas, but could significantly increase sales of e-bikes. The incentive would apply to all e-bikes of 250 watts or ...
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News briefs
Nike has extended its distribution contract with Elmec Sport for...
Nike has extended its distribution contract with Elmec Sport for Romania and Bulgaria until May 2011. According to a report in the Romanian press, the Nike brand generated sales of €10.6 million in Romania and €5 million in Bulgaria last year.
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News briefs
Since January and through the middle of this month, Cycleurope...
Since January and through the middle of this month, Cycleurope in France has cut its production down to only two weeks per month. While this time of year frequently sees production shut down in weekly shifts, this is a bigger cut, prompted by the global economic slowdown. The company insists ...
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News briefs
Oxylane, the group that owns Décathlon, will open its first...
Oxylane, the group that owns Décathlon, will open its first Décat outside France in the Plenilunio shopping center near Madrid next month. The project is based on a new concept for sports fashion products already tried out in France. At the same time, Oxylane is opening or planning to open ...
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News briefs
Lafuma has decided to sell the rights to the Millet...
Lafuma has decided to sell the rights to the Millet brand in Korea to its local licensee, Edelweiss, for €5.8 million. The brand generated sales of €6.2 million in that country last year. The transaction will help Lafuma to reduce its high indebtedness. The French group says it has concluded ...
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News briefs
Messe München is working hard on developing its young sports-related...
Messe München is working hard on developing its young sports-related show formats. Bike Expo has launched its own website, www.bike-expo.com, in three languages, German, English and Chinese. It has sealed a new agreement with Taipei Cycle, the big show in Taiwan, where Bike Expo will exhibit. For the second edition ...
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News briefs
Fourth-quarter sales in the recreation/leisure division at Dorel Industries shot...
Fourth-quarter sales in the recreation/leisure division at Dorel Industries shot up by 79 percent to $153.8 million, fueled by the acquisition of Cannondale/Sugoi and PTI Sports as well as 10 percent organic growth in the mass channel. Segment operating income for the quarter, ended Dec. 30, fell by 43 percent ...
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News briefs
Head N.V. has filed a form with the U.S. Securities...
Head N.V. has filed a form with the U.S. Securities and Exchange Commission to terminate its registration and reporting obligations there. The obligations are suspended immediately, to take official effect 90 days after the filing. Until that time Head can change its mind. The company cited the increasing complexity and ...
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News briefs
Quiksilver has opened a store in Frankfurt’s new shopping mall...
Quiksilver has opened a store in Frankfurt’s new shopping mall MyZeil. The brand joins other sports-related brands there such as Odlo, PeakPerformance, Chiemsee, Napapijri and The North Face. Most recently, the company opened seven new stores in the country: two franchises, four corporate and one Roxy outlet. Currently, there are ...
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News briefs
IFM Marketing Surveys has signed on as an official partner...
IFM Marketing Surveys has signed on as an official partner of the International Sailing Federation’s Sailing World Cup. The first World Cup, which comprises seven top sailing competitions, kicked off last year in Australia, went to Miami, Florida, in January, and will head to Europe to finally finish in the ...
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News briefs
The Russian pole vaulter Yelena Isinbayeva has signed a multi-year...
The Russian pole vaulter Yelena Isinbayeva has signed a multi-year deal with the Chinese company Li-Ning after her contract with Adidas expired last year. The world-record-holder plans to retire in 2013, the year the world athletics championships are held in Moscow, after competing in the world championship this summer in ...
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News briefs
As of April 1, Bruno In-Albon will retire as head...
As of April 1, Bruno In-Albon will retire as head of the textile trade division within Gregor Furrer & Partner Holding, the long-time Swiss distribution partner of Völkl International and other brands. The textile division is the Swiss distributor for Chervò and Descente. In-Albon will be replaced by Reto Furrer, ...
