All News briefs articles – Page 1043
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News briefs
Falke, Germany’s big player in the socks business, is getting...
Falke, Germany’s big player in the socks business, is getting serious about the development of its apparel branch. From the summer 2009 season, Falke will offer a line of shirts, tops, pants and coats for sporty people who want highly functional garments. The brand is going to support the launch ...
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News briefs
Deckers Outdoor Corp. has bought Tsubo, the California-based high-end casual...
Deckers Outdoor Corp. has bought Tsubo, the California-based high-end casual footwear company, for $6 million plus a potential future earnout. Tsubo shoes have a bubble outsole design and are made with eco-friendly materials. In 2007, the brand reported sales of about $10 million from more than a dozen countries. Deckers, ...
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News briefs
China Hongxing Sports, parent of the Erke brand, had a...
China Hongxing Sports, parent of the Erke brand, had a huge jump in net profit for the first quarter ended March 31, climbing by 45 percent to 114.2 million yuan (€10.6m-$16.5m). Revenues were up by 44 percent to 648.6 million yuan (€60.1m-$93.6m) thanks to heavy advertising and an expansion of ...
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News briefs
The British Office of Fair Trading has cracked down on...
The British Office of Fair Trading has cracked down on Sportsdirect.com Retail, Hargreaves Sports and Gilesports for labeling promotions in their stores as “closing down” sales. The government said that by claiming that shops were closing, the stores were encouraging bargain-hunting shoppers to believe that there was only a limited ...
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News briefs
Shimano Europe Holding is preparing to build a new warehouse...
Shimano Europe Holding is preparing to build a new warehouse in Nunspeet, Netherlands, to handle its Shimano Nordic Cycle operations, which cover Sweden, Norway and Finland. The new facility will provide a higher fill ratio and lower costs. Shimano plans to move its Nordic stock to the warehouse by the ...
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News briefs
Intersport France and Twinner, the French buying group previously serviced...
Intersport France and Twinner, the French buying group previously serviced by Garant and by Sport 2000, have gone one step further in their collaboration. The board of Intersport France has agreed to let in 48 retail members of Twinner as shareholders in their cooperative, benefiting from its guaranteed central settlements. ...
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News briefs
Don Carroll, a management consultant who joined Heelys last Jan....
Don Carroll, a management consultant who joined Heelys last Jan. 2 in the new position of senior vice president for marketing, has been appointed as president and chief executive of the company. He takes the place of Ralph Parks, who has served as interim CEO since the departure of the ...
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News briefs
Marcolin’s closure of its French subsidiary Cébé, which took effect...
Marcolin’s closure of its French subsidiary Cébé, which took effect at the end of last year, had an immediate effect on its results, which showed a doubling in its profit for the first quarter of 2008. They also had a major effect on the sales of a couple of French ...
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News briefs
Quiksilver has established a distribution center in Rives, France, near...
Quiksilver has established a distribution center in Rives, France, near Grenoble, to supply goods for Quiksilver and Rossignol stores and franchises, other points of sale and distributors in Europe, Russia and the Middle East. The California-based company is leasing the 18,000-square-meter facility, where about 60,000 items are processed daily; Quiksilver ...
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News briefs
Golf House, the German specialty chain, is reportedly for sale....
Golf House, the German specialty chain, is reportedly for sale. SGI Europe hears that Arques, the majority shareholder, intends to sell its stake this year. A spokesperson at Arques did not want to comment, but noted that it is general practice for a private equity investor to acquire and sell ...
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News briefs
Henri-Lloyd is expanding its retail chain, while planning to open...
Henri-Lloyd is expanding its retail chain, while planning to open a new flagship store in Manchester. It is also making its Carnaby Street store in London larger to make room for its new collection, HL Jeans Co. In the U.K., the company has 10 stand-alone stores, two franchises and 12 ...
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News briefs
Jarden Corporation confirms Sam A. Salomon as president and chief...
Jarden Corporation confirms Sam A. Salomon as president and chief executive of The Coleman Company. This 23-year veteran of various consumer product companies has worked for Coleman for the last three years. Also, Dan Hogan, a former senior vice president of operations at Easton-Bell Sports, is named chief financial officer. ...
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News briefs
Stride Rite Europe has opened its new logistic and customer...
Stride Rite Europe has opened its new logistic and customer service center at Heerhugowaard near Amsterdam. With a capacity to stock 300,000 pairs of shoes in a first phase, it will service the markets of Germany, the Benelux countries, Austria, the U.K. and Poland. A team of 20 people is ...
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News briefs
Décathlon is now expected to open its first store in...
Décathlon is now expected to open its first store in the fast-growing Romanian market in April 2009. The 5,000-square-meter store will be part of the second development phase of the Militari shopping center in the southwestern part of Bucharest, which already hosts a Praktiker store and is located next to ...
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News briefs
Puma and the Maxim magazine are starting a golf tournament...
Puma and the Maxim magazine are starting a golf tournament in the loosest sense of the word. The Puma Open, which will be held in six cities in the USA from June through October, is going to be a nine-hole competition in which foursomes play regular holes as well as ...
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News briefs
The Italian Outdoor Group is organizing for the second time...
The Italian Outdoor Group is organizing for the second time packages for Italian retailers visiting the OutDoor show in Friedrichshafen, placing two buses at their disposal from the cities of Bergamo and Turin. They will only pay €99 for the round-trip and one hotel night. This will be in addition ...
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News briefs
Wolverine World Wide has named a new senior vice president,...
Wolverine World Wide has named a new senior vice president, chief financial officer and treasurer. Donald Grimes will take over the role from Stephen L. Gulis, who was named president of the company’s Global Operations Group last October. Previously, Grimes had been executive vice president and CFO of Keystone Automotive ...
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News briefs
Oakley plans to set up sales offices and showrooms for...
Oakley plans to set up sales offices and showrooms for its sports eyewear in Rome, Barcelona, Annecy (France), Munich and Stockholm to service the European sports trade, working through dedicated sales reps for all the non-prescription products in the company’s range. The new sales network, which is going to cover ...
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News briefs
Pre-orders for the 2008-09 collection of KJUS Skiwear are up...
Pre-orders for the 2008-09 collection of KJUS Skiwear are up by 40 percent, led by Germany with an increase of 58 percent. Austrian orders are up by 38 percent and Switzerland’s are up by 32 percent. The Swiss company LK International makes the KJUS Skiwear and KJUS Spirit collections, and ...
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News briefs
A 19-year veteran of Nike, Keith Houlemard, has been appointed...
A 19-year veteran of Nike, Keith Houlemard, has been appointed as president of the Jordan brand, reporting to Craig Zanon, head of the company’s global basketball business. Houlemard, 43, served as apparel director for the Jordan brand before working most recently as U.S. director of footwear merchandising. The appointment follows ...
