All News briefs articles – Page 1035
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News briefs
The French licensee of Kappa, Sport Finance, has opened the...
The French licensee of Kappa, Sport Finance, has opened the first Robe di Kappa store in the country in Grenoble and plans to add a few more by next year. The company, which expects to reach a turnover of €30 million this year, has also signed a sponsorship deal with ...
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Intersport Germany forecast that its members’ sales at retail prices...
Intersport Germany forecast that its members’ sales at retail prices will increase from €2.3 billion to €2.4 billion in 2008 compared with 2007. Without mentioning absolute figures, Intersport records an increase in sales of 8 percent for the first eight months of the current calendar year – which is not ...
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In the second quarter of 2008, Rocky Brands rebounded from...
In the second quarter of 2008, Rocky Brands rebounded from a $1.4 million loss in the same period last year to report a profit of $700,000. Net sales were up as well, by 2.9 percent to $60.5 million. The gross margin overall was down by 0.4 percentage points to 40.3 ...
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Dorel Industries reports a 29.3 percent increase in sales to...
Dorel Industries reports a 29.3 percent increase in sales to $593.7 million for the most recent quarter. Though it had growth in all of its segments, the largest by far was the 60.0 percent increase in revenues in its recreational/leisure division, which saw sales of $191.7 million. The gross profit ...
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Cybex International saw its sales drop by 4.6 percent to...
Cybex International saw its sales drop by 4.6 percent to $33.1 million in the second quarter ended June 28, compared with the previous year. The American fitness equipment company’s net income plunged by 88.4 percent to $128,000. Orders were promising at the end of the quarter.
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News briefs
Acushnet, the subsidiary of Fortune Brands that markets Titleist, Cobra,...
Acushnet, the subsidiary of Fortune Brands that markets Titleist, Cobra, FootJoy and Pinnacle golf products, saw a 4.7 percent decline in sales to $452.4 million, and a 23.1 percent drop in operating income to $68.1 million. Management said golf ball sales were down slightly, while sales of golf clubs dropped ...
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News briefs
Adidas has filed a trademark infringement lawsuit against five defendants...
Adidas has filed a trademark infringement lawsuit against five defendants in a U.S. District Court in California. The subjects allegedly sold shoes infringing on the Three-Stripe design. The defendants are Wah Lei Footwear, Fu Ju Group, Sunny Shoes Corporation, Top Shoes and L.A. Discount Shoes, all based in California.
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Adidas shrugged at reports that Li Ning, the Chinese gymnast...
Adidas shrugged at reports that Li Ning, the Chinese gymnast behind the largest Chinese sports brand, hijacked the scene at the opening ceremony of the Beijing Olympics. Billions of viewers watched Li Ning, the last torchbearer, as he was hoisted up into the Beijing sky and ran horizontally around the ...
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Footwear workers in Vietnam went on strike again at the...
Footwear workers in Vietnam went on strike again at the beginning of the month, this time at an Adidas supplier, Shyang Hung Cheng, and at Kingmaker Footwear Company, which makes products for Nautica, Caterpillar, Timberland and Sperry Top-Sider. A total of about 14,000 workers went on strike, demanding higher pay ...
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News briefs
The Victoria & Albert Museum in London has opened an...
The Victoria & Albert Museum in London has opened an exhibition, “Fashion Versus Sport,” that looks at the relationship between style and sportswear. The show covers sportswear that has been designed by fashion designers, fashion brands that are clearly modeled after sportswear, and fashion advertising featuring notable sports figures. One ...
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News briefs
Max Alfthan, executive board member and senior vice president of...
Max Alfthan, executive board member and senior vice president of Amer Sports in charge of communications, will be leaving the company to become chief strategy officer at Fiskars Corporation, owner of Silva and other outdoor brands. He will switch during the last quarter of the year.
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News briefs
We are also going to run a new version of...
We are also going to run a new version of our rugged outdoor chart in the next issue of The Compass and in Shoe Intelligence with better figures for Merrell. Its total footwear sales grew last year by 12.7 percent to $540 million, with increases of 8.7 percent to $250 ...
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CAT Footwear, Coleman, Magnum and Gola Sport are among the...
CAT Footwear, Coleman, Magnum and Gola Sport are among the latest suppliers to have signed agreements with the STAG, joining some 130 other brands. In one of its numerous initiatives, the fast-growing British buying group, which wants many of its 400-plus members to subscribe to the European edition of Sporting ...
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CORRECTION: The sports apparel chart published in the last issue...
CORRECTION: The sports apparel chart published in the last issue did not do justice to Billabong, whose financial year ends in June, due in part to currency issues. Billabong’s global apparel sales were US$928 million in calendar 2007 versus $768 million, an increase of 21 percent. Sales in the Americas ...
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Puma has appointed Natali Stojovic as retail manager for Europe,...
Puma has appointed Natali Stojovic as retail manager for Europe, starting from August. She fills this new position after several years as a global retail director for Helly Hansen. Stojovic is reporting directly to Michael Specht, head of global retail, and Europe is the only continent to have a separate ...
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Columbia Sportswear has appointed Patrick Chevallier as director of sales...
Columbia Sportswear has appointed Patrick Chevallier as director of sales in Europe. The 46-year-old Frenchman held a comparable position with Amer Sports for which he supervised 20 countries in the EMEA region, especially in Eastern and Central Europe. Prior to that, he had served for Salomon for twelve years. Chevallier ...
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New Balance is teaming up with Nine West, the U.S.-based...
New Balance is teaming up with Nine West, the U.S.-based chain of shoe shops, to launch a co-branded and jointly designed line of shoes in the USA and the rest of the world in the Spring of 2009. The target is a younger female consumer than that of the company’s ...
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News briefs
Johan Vikman, former chief executive of Fenix Outdoor, has become...
Johan Vikman, former chief executive of Fenix Outdoor, has become the new chief executive of Norrwin, the recently former Swedish outdoor group for the brands Tenson, Five Seasons and Lundhags. Vikman is 40 years old and worked previously in corporate finance and business development at Accenture and Danske Bank. He ...
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The textile industry in China has been lobbying the government...
The textile industry in China has been lobbying the government to help it as it faces higher costs and slowing demand. The government has answered: It has raised its export tax rebates on many textiles and garments to 13 percent from 11 percent. The products affected include silk, yarn and ...
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News briefs
Puma unveiled a new foray into fashion in Beijing, when...
Puma unveiled a new foray into fashion in Beijing, when it heralded the arrival of its “It” bag. The tote, which has an Olympic theme, is part of Puma’s new Runway collection, so named not just for the catwalk of a fashion show but also because Puma sponsors 10 track ...
