All News briefs articles – Page 1042
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News briefs
Hi-Tec, the English sports and outdoor footwear company, lifted its...
Hi-Tec, the English sports and outdoor footwear company, lifted its sales by just 1 percent to about $220 million in 2007, as it concentrated on reorganization and improvements in its profitability. This drive prompted the divestment of activities that had generated annual sales of about $10 million. Taking only continuing ...
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Puma is continuing its strategy to sponsor football teams that...
Puma is continuing its strategy to sponsor football teams that are not necessarily the best, but are interesting. Puma’s latest team is Germany’s Hoffenheim, which made it into the Bundesliga recently. A co-founder of the software company SAP, Dietmar Hopp, invested a lot of money in the club to raise ...
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News briefs
Nike has signed a global five-year contract with Siemens for...
Nike has signed a global five-year contract with Siemens for the maintenance of its computers worldwide. Reporting to Roland Paanakker, chief information officer of Nike in Portland, Siemens is setting up a support desk to provide problem-solving and other services in 11 languages throughout the company. Nike has about 23,000 ...
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News briefs
As part of the restructuring of its lifestyle division, New...
As part of the restructuring of its lifestyle division, New Balance promoted Joe Casagrande to be the general manager of the category, and hired Steve Gardner to replace him as its strategic business unit manager. The company is trying to make lifestyle a core part of its offerings on the ...
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News briefs
Sportex, the recently established sporting goods show in Dubai, will...
Sportex, the recently established sporting goods show in Dubai, will be held again from Nov. 3 to 5. Last year 84 companies from 12 countries exhibited there, and it drew 3,000 trade visitors from 44 countries. According to show officials, the market for sporting goods and investments in sports facilities ...
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News briefs
Messe München says the first edition of its Running Order...
Messe München says the first edition of its Running Order Show is already booked. The event, which takes place in Munich’s order center, or MOC, from June 29 until July 1, will host 96 companies representing more than 100 brands. The new show format, which all major brands including Adidas, ...
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News briefs
K-Swiss has emphasized its ties with tennis in France through...
K-Swiss has emphasized its ties with tennis in France through an interesting guerilla marketing campaign around the French Open. While it had little presence within the Roland Garros compound where the tournament was played, K-Swiss set up a catchy mobile display outside the grounds. It consisted of a big purple ...
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News briefs
Johnson Outdoors is expecting sales of its military tents to...
Johnson Outdoors is expecting sales of its military tents to reach $17 million to $20 million this year, a huge drop from the $64 million the company hit in 2004. As a result, it will be eliminating 50 positions at its factory in Conklin, New York, which has a total ...
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News briefs
Callaway Golf plans to shut down its 70,000-square-foot ball manufacturing...
Callaway Golf plans to shut down its 70,000-square-foot ball manufacturing plant in Gloversville, New York, next July 31 and to outsource most of its production to China. Some of it will be shifted to the company’s former Spalding plant in Chicopee, Massachussets. The Gloversville facility employs 120 persons.
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News briefs
FEDERADAS, an Italian association with 3,000 large and small sporting...
FEDERADAS, an Italian association with 3,000 large and small sporting goods retailers as affiliates, is set to merge into the larger Federazione Moda Italia (Federmoda), which groups some 50,000 clothing and leathergoods retailers all over the country. Piero Caleri, a Florentine sporting goods retailer who has been acting as chairman ...
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News briefs
By August 1, Calvin Anderson will assume the newly created...
By August 1, Calvin Anderson will assume the newly created position of retail director at Peak Performance. The Australian-born Andersen has worked in Europe for more than 10 years. Most recently, Andersen managed Adidas’ retail operations in Scandinavia and the Baltic countries. Before, he was in charge of retail operations ...
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News briefs
K-Swiss has acquired a controlling stake in Palladium, a profitable...
K-Swiss has acquired a controlling stake in Palladium, a profitable French brand of casual footwear whose sales are expected to reach €15 million in Europe for the financial year ending next Sept. 30. Palladium had been bought in 1997 by Consolidated Shoe Corporation in the USA, but its French chief ...
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News briefs
Cristina Guevara is the new secretary general of AFYDAD, the...
Cristina Guevara is the new secretary general of AFYDAD, the Spanish sporting goods industry association, replacing Andrès Vazquez, who is leaving to work for a company in Switzerland. Guevara has been assisting Vazquez in the association for the last two years, notably by taking care of the participation of Spanish ...
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News briefs
Head’s annual general meeting, held at Amsterdam’s airport, approved all...
Head’s annual general meeting, held at Amsterdam’s airport, approved all the resolutions presented to the shareholders. That includes the authority given to the board of management to repurchase up to 30 percent of the company’s shares over the 18 months ending Nov. 28, 2009, and to cancel them, in order ...
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News briefs
Patagonia put all of its paddle sports equipment on close-out...
Patagonia put all of its paddle sports equipment on close-out after announcing that it was getting out of the business. It has been selling it under both the Lotus and Patagonia brand names. The company said the returns on the product were not high enough. It started selling paddling jackets ...
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News briefs
Alvarez, a major French distributor of bicycle products, has gone...
Alvarez, a major French distributor of bicycle products, has gone into receivership, reportedly because of its inability to pay outstanding debts of €8 million. The company began to suffer financial problems after losing the distributorship of Look and Specialized for France in 2006. It still distributes the products of Campagnolo ...
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News briefs
Novator has proposed three directors to join Amer Sports’ board...
Novator has proposed three directors to join Amer Sports’ board at a special shareholders’ meeting on June 4. One of them is Martin Burkhalter, the 56-year-old former chief executive of Intersport International and general manager of Reebok Europe, who is currently chief commercial officer at the software company Vizrt in ...
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News briefs
Andrea Nalesso, who was appointed by Geox last year in...
Andrea Nalesso, who was appointed by Geox last year in charge of Europe, the Middle East and Africa, with the exception of Italy and the Germanic countries, reporting directly to the top management, left the company a few weeks ago to become commercial director of Dainese, a large Italian supplier ...
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News briefs
Daiwa Seiko’s annual net income for its fiscal year ended...
Daiwa Seiko’s annual net income for its fiscal year ended on March 31 shot up by 65 percent to ¥3.83 billion (€23.4m-$36.4m). Its annual operating income was 0.3 percent higher at ¥3.7 billion (€22.6m-$35.2m), while revenues increased by 7 percent to ¥63.34 billion (€386.7m-$602.7m). The Japanese fishing and sporting goods ...
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News briefs
Nike has a new managing director for Switzerland, Austria, and...
Nike has a new managing director for Switzerland, Austria, and Slovenia. Rico Fallegger will replace by June 1 Stefanie Teichmann, who leaves Nike at her own request. Fallegger has served as general manager of Nike Switzerland and will report in his new position to Michaela Stitz, managing director of Nike ...
