All News briefs articles – Page 1033
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News briefs
Cortina has bought the rights to the Patrick brand for...
Cortina has bought the rights to the Patrick brand for the USA, Canada and Mexico through its 100 percent owned subsidiary Patrick Holding, and it is looking for distributors in those countries. Those rights were held by Lonsdale, the company now owned by Mike Ashley, which marketed Patrick shoes in ...
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News briefs
Uvex, the German specialty brand for eyewear and helmets, has...
Uvex, the German specialty brand for eyewear and helmets, has created the position of director of marketing and international business development. Markus Winning, a former Adidas executive, took over the role on Sept. 1. One of his main activities in the near future will be the development of Uvex’ business ...
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News briefs
Fenix Outdoor, the Swedish group that markets the brands Fjällräven,...
Fenix Outdoor, the Swedish group that markets the brands Fjällräven, Primus, Tierra and Hanwag, increased its sales by 14 percent to 451 million Swedish kronor (€46.7m-$68.5m) in the first six months of 2008. The operating profit was up by 21 percent and reached SEK 58 million (€6.0m-$8.8m). The group’s result ...
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News briefs
A U.S. court that ruled in May that Collective Brands’...
A U.S. court that ruled in May that Collective Brands’ Payless ShoeSource had to pay Adidas $305 million in a trademark infringement case has reduced the judgment by more than 75 percent. The judge said there was no evidence that Adidas lost sales to Payless, which was selling two- and ...
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News briefs
California-based Camelbak, maker of hydration systems, is changing its distribution...
California-based Camelbak, maker of hydration systems, is changing its distribution system in Germany, France, Italy and Spain. It will have two separate distributors for its products in each country. In Germany, Sport Import will continue selling bicycle-related equipment, while Everest will distribute Camelbak outdoor products. Royal Velo France will remain ...
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News briefs
Earlier this month Callaway Golf unveiled its new driver, the...
Earlier this month Callaway Golf unveiled its new driver, the FT-iQ, which it calls «the most technologically advanced driver in the company’s history.» It is 35 percent straighter than its previous best, the FT-i, and is the longest driver Callaway has developed. Inspired by stealth jets and futuristic concept cars, ...
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News briefs
Eurobike is going to change its dates slightly next year,...
Eurobike is going to change its dates slightly next year, running from Wednesday, Sept. 2, to Saturday, Sept. 5. A “Demo Day” will take place on Sept. 1. Saturday will be open to the general public. Europe’s leading trade fair for bicycles and related apparel and equipment reported a new ...
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News briefs
Robert Skinner, formerly the chief executive of Kellwood Corporation, has...
Robert Skinner, formerly the chief executive of Kellwood Corporation, has been tapped to be the CEO of Lacoste USA when its chief, Robert Siegel, retires this fall. Skinner left Kellwood when it was bought by Sun Capital. Siegel, 71, has been with Lacoste USA since 2002.
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News briefs
Cindy Davis, who has headed up Nike Golf in the...
Cindy Davis, who has headed up Nike Golf in the USA for the last three years, was appointed earlier this month as president of this subsidiary of the Nike group. She takes over from Bob Wood, who has been with Nike for 28 years and will stay at the company ...
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News briefs
Intersport Denmark has decided not to continue the transaction and...
Intersport Denmark has decided not to continue the transaction and the activities of selling the chain to private investors after two months of seeking a buyer to replace Arev, the Icelandic capital fund that pulled out of a formerly agreed-upon sale after a transaction period of more than 12 months. ...
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News briefs
The El Corte Inglés group has disclosed a net profit...
The El Corte Inglés group has disclosed a net profit of €747.6 million, up by 5.1 percent, for the financial year ended last Feb. 29 on 4.7 percent higher revenues of €17.9 billion. As reported, its turnover in sporting goods grew by about 4.9 percent to €460 million before VAT ...
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News briefs
As gas prices crept up so did sales of portable...
As gas prices crept up so did sales of portable bicycles, with Dahon, the world leader in folding bikes, reporting record sales in the first half of 2008. The company said that sales by volume were up by 32 percent and by value grew by 30 percent. Both figures were ...
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News briefs
The East Kent Youth Football League lost Parker Steel as...
The East Kent Youth Football League lost Parker Steel as its sponsor, and the ball maker Molten has stepped in. The Molten East Kent Youth Football League is one of the U.K.’s largest youth leagues, with more than 400 teams and 6,000 youths of all ages. Molten will supply balls ...
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News briefs
Stating that swimming is not part of its long-term strategy,...
Stating that swimming is not part of its long-term strategy, the sports footwear giant has decided to stop investing in R&D on swimwear. Nike will continue to supply coaches and colleges with its competitive swimsuits, such as the Nike Swift Swim. Nike’s Swift Swim has won 15 Olympic medals and ...
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News briefs
NexCen has released preliminary results for the second quarter that...
NexCen has released preliminary results for the second quarter that ended June 30, reporting that the number of its franchises boomed by 61.4 percent to 1,895 locations. Royalty revenue was also up significantly by 94 percent to $6.8 million. The company has signed a letter of intent to open at ...
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News briefs
Giant Manufacturing says its sales grew by 25.1 percent in...
Giant Manufacturing says its sales grew by 25.1 percent in the first half of this year to 19.5 billion New Taiwan dollars (€430.8m-$618.7m), but gross margins declined because of rising raw material costs and the appreciation of the Taiwanese currency against the U.S. dollar. Net income rose by 14.5 percent ...
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News briefs
Topher Gaylord, a 15- year veteran of VF Corporation and...
Topher Gaylord, a 15- year veteran of VF Corporation and most recently the group’s president for international outdoor and action sports as well as managing director of The North Face EMEA, is about to go back to the USA. Gaylord, who has been appointed president of Seven for All Mankind, ...
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News briefs
The New Wave Group of Sweden had a 27 percent...
The New Wave Group of Sweden had a 27 percent increase in sales to 1,245.4 million Swedish kronor (€131.6m-$188.9m), bumping its net income for the second quarter by 16 percent to SEK85.8 million (€9.1m-$13.0m). Sales, especially in the USA, were boosted by last year’s acquisition of Cutter & Buck. Organic ...
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News briefs
Sales grew by 60.3 percent at Li-Ning in the first...
Sales grew by 60.3 percent at Li-Ning in the first half of the fiscal year, rising to 3.06 billion Chinese yuan (€311m-$446.8m). The spurt helped profits soar by 68.0 percent to CNY 333.7 million (€33.9m-$48.7m). In the six months ended June 30, the gross margin was down by 0.4 percentage ...
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News briefs
Shimano had a strong first half through June 30, with...
Shimano had a strong first half through June 30, with sales up by 16 percent to ¥115.50 billion (€745m-$1.1bn) over the 2007 figure. The net income grew by 24 percent to ¥12.51 billion (€80.8m-$116.1m), and operating income saw an increase of 36 percent to ¥19.51 billion (€126.1m-$181.0m). After the positive ...
