All News briefs articles – Page 1028
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News briefs
Cronos, one of the numerous Spanish buying groups for sporting...
Cronos, one of the numerous Spanish buying groups for sporting goods, is planning to open a 1,000-square-meter store near Toledo. The group is negotiating with others to form an alliance of Spanish buying groups, uniting the operators of some 1,000 sports shops, in order to negotiate better terms with the ...
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Coinciding with the Sportex show in Dubai, Emaar Properties inaugurated...
Coinciding with the Sportex show in Dubai, Emaar Properties inaugurated last week the Dubai Mall, described as the world's largest shopping center in terms of gross space. It will have about 1,200 stores by next year, half of which are already open. Besides a large aquarium and other amenities, the ...
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Skechers has opened its largest concept store to date on...
Skechers has opened its largest concept store to date on 7,500 square feet in San Francisco. The company reported 2.1 percent higher third-quarter revenues of $403.2 million, while net income rose by 14.3 percent to $28.3 million, thanks to a lower tax rate. The company’s wholesale business in the USA ...
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News briefs
More and more consumer-oriented golf shows are taking place in...
More and more consumer-oriented golf shows are taking place in Europe, including one due to take place in Rome on Nov. 21-23, but Madridgolf stands out as a major success. The show, which was held for the third time in Madrid last Oct. 24-26, attracted a total of almost 15,000 ...
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News briefs
The recreation & leisure division of Dorel Industries saw a...
The recreation & leisure division of Dorel Industries saw a large increase in sales for the third quarter, nearly doubling to $162.3 million because of the acquisition of Cannondale, Sugoi Performance Apparel and PTI Sports. The segment’s organic growth grew as well thanks to strength in the mass market channel. ...
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News briefs
Cybex had operating income of $951,000 against an operating loss...
Cybex had operating income of $951,000 against an operating loss of $852,000 for the third quarter ended Sept. 27. Total sales for the 2008 period were 9.7 percent higher at $35.8 million. Quarterly gross margin was 0.1 percentage points higher at 32.3 percent. Net income dropped 93 percent to $340,000 ...
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News briefs
Under Armour had a 24.1 percent sales increase in the...
Under Armour had a 24.1 percent sales increase in the third quarter to $231.9 million, with net income up by 28.1 percent to $25.7 million over the year-ago period. Footwear sales jumped by 495 percent to $13.1 million, boosted by the launch in the second quarter of performance trainers. In ...
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News briefs
Oakley’s third quarter sales rose by 16 percent in dollar...
Oakley’s third quarter sales rose by 16 percent in dollar terms during the third quarter, with both its optics and apparel, footwear and accessories (AFA) divisions enjoying double-digit growth. Luxottica did not release a precise sales figure, however. The brand enjoyed significant double-digit growth in the USA, where its retail ...
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News briefs
Lafuma reports a 5.2 percent sales increase to €263.7 million...
Lafuma reports a 5.2 percent sales increase to €263.7 million for the financial year ended last Sept. 30, partly due to the consolidation of Eider. On a comparable basis, sales went up by 2.9 percent. Its various operations followed different curves. Millet and Oxbow rose by 6.1 and 10.4 percent, ...
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NexCen Brands has opened 21 independently owned and operated franchised...
NexCen Brands has opened 21 independently owned and operated franchised shoe stores (The Athlete’s Foot or Shoebox New York) outside the USA year-to-date. Recently, the company signed Athlete’s Foot franchise agreements for 10 stores in Angola over the next 10 years and three stores in Botswana and Namibia over the ...
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News briefs
Alan Hed, a 25-year industry veteran who most recently served...
Alan Hed, a 25-year industry veteran who most recently served as president of the Asia-Pacific unit of Levi Strauss, is the new executive vice president for international operations at New Balance. Hed steps into a role that was vacated by Joe Preston in March when he became New Balance’s executive ...
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Puma’s sales in the third quarter were up by 6.3...
Puma’s sales in the third quarter were up by 6.3 percent to €713 million, with a rise of 9.2 percent on a comparable basis, says its new parent company, PPR Group. PPR was satisfied with the results from all of Puma’s categories, but noted particularly good growth in the double ...
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News briefs
Columbia Sportswear’s net sales decreased by 4 percent to $452.4...
Columbia Sportswear’s net sales decreased by 4 percent to $452.4 million in the third quarter. Net income slipped from $62.6 million to $58.3 million in the same period. Business was flat especially in the Europe, Middle East and Africa region where sales went down by 10 percent to $78.2 million. ...
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News briefs
Last week, Colin Nathanson, 59, chief executive of California-based Giant...
Last week, Colin Nathanson, 59, chief executive of California-based Giant Golf Company and president of Play Big Enterprises, pleaded guilty to six federal charges related to $29 million worth of securities fraud. He now faces up to 120 years in prison when sentenced in February. Play Big sold golf clubs ...
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Adidas has filed another lawsuit, this one in U.S. District...
Adidas has filed another lawsuit, this one in U.S. District Court in Oregon, alleging that California Board Sports, 88 Footwear and Tony Chen infringed on the German company’s trademark. The defendants, jointly doing business in San Diego, sell the shoes at www.osirisshoes.com. The complaint also charges the defendants with intentionally ...
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Fending off a rival bid from Kempa, Adidas has reached...
Fending off a rival bid from Kempa, Adidas has reached an agreement with the French Handball Federation that extends its sponsorship for four years from next Jan. 1. Withholding the details, Adidas says the new contract calls for higher financial investments, performance bonuses, supplies and communication.
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After two editions, Sportitaly, the Italian trade show in Bolzano,...
After two editions, Sportitaly, the Italian trade show in Bolzano, has come to an end. The fair that was planned to be held in February 2009 has been cancelled. A spokesperson of Messe Bozen/Fiera Bolzano told SGI Europe that the demand for such a show was great on the side ...
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Lance Armstrong officially announced that he will be competing in...
Lance Armstrong officially announced that he will be competing in Giro d’Italia 2009. It will be the centenary edition of Italy’s most important cycling competition. Armstrong won the centenary edition of the Tour de France and has the chance to make a unique double. Further motivations for the American cyclist ...
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News briefs
Ottmar Barbian has been appointed international director for sales and...
Ottmar Barbian has been appointed international director for sales and marketing at Head’s racquet division, replacing Claus Müller. Since 2003, Barbian worked in the tourism business. Before, he was actually with Head in various positions, including the global sales of Penn, the company’s tennis ball brand.
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News briefs
Riddell has a new president, Dan Arment, a seven-year veteran...
Riddell has a new president, Dan Arment, a seven-year veteran of its parent company Easton-Bell Sports. He was previously executive vice president and general manager of the company’s mass market business. Before arriving at Bell Sports in 2001 as vice president for mass sales, he was vice president for national ...
