All News briefs articles – Page 1046
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News briefs
Golf sales at Fortune Brands, where the golf segment includes...
Golf sales at Fortune Brands, where the golf segment includes Titleist, Cobra Golf and FootJoy, rose by 8.0 percent to $396.4 million during the first quarter ended March 31. Sales were particularly strong in Japan and Korea. However, the segment’s operating profits fell by 3.9 percent to $51.5 million.
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News briefs
Icon Health & Fitness has filed a lawsuit in California...
Icon Health & Fitness has filed a lawsuit in California against Octane Fitness of Brooklyn Park, Minnesota, and Nellie’s Exercise Equipment of Corona, California. The action alleges that the two companies are infringing on two patents belonging to Icon: one for an exercise machine control system released in April 1992 ...
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News briefs
Mondial Pêche, the French chain of fishing tackle stores, suffered...
Mondial Pêche, the French chain of fishing tackle stores, suffered a 1.1 percent drop in sales on a comparable store basis in 2007. Total revenues increased by 2.71 percent to €18.28 million, with a 7.27 percent drop to €2.94 million for the fourth quarter.
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News briefs
Opening and closing times will change at the next Eurobike...
Opening and closing times will change at the next Eurobike fair during its trade days on Sept. 4-6 to help avoid excessive traffic jams on the approaches to the fairgrounds in Friedrichshafen. The show will start at 10 a.m., one hour later than usual, and close down two hours later ...
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News briefs
Three Japanese companies have changed their forecasts for the results...
Three Japanese companies have changed their forecasts for the results that they will report for the fiscal year ended last March 31. Descente raised its projection for consolidated revenues to ¥81.3 billion (€500.3m-$771.8m), 3.6 percent more than its former forecast. The projection for net income of ¥2.0 billion (€12.3m-$19.0m) remains ...
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News briefs
The fitness equipment company Cybex International enjoyed increases in its...
The fitness equipment company Cybex International enjoyed increases in its first quarter, but warned that the second quarter will not be as healthy. In the first period, ended March 29, net income grew by 19 percent to $1.3 million. Operating income increased by 26 percent to $2.7 million, and sales ...
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News briefs
Jarden Corp. is dissolving Stearns, one of the components of...
Jarden Corp. is dissolving Stearns, one of the components of K2, and folding it into The Coleman Company. The move will involve the shutdown of Stearns’ factory at Grey Eagle, Minnesota, and lead to a reduction in the workforce at another plant in the same state.
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News briefs
As it has done in other European countries, Garmin, the...
As it has done in other European countries, Garmin, the American developer and manufacturer of GPS systems and other satellite navigation devices, will buy its distributors in Austria and Portugal, Puls Elektronik and Satsignal Equipamentos de Comunicacoes e de Navegacao, respectively. The companies’ new names will be Garmin Austria and ...
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News briefs
Falke has created the position of a sales director specifically...
Falke has created the position of a sales director specifically dedicated to the sports retail sector. The job will be done by Heiner Böhle, who held a similar position at ASICS Germany. He will take over some of the functions held until now by Alexander Unger, who will focus on ...
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News briefs
Nike Golf has created a new golf shoe, the Nike...
Nike Golf has created a new golf shoe, the Nike Air Zoom Elite World. The shoe, available in stores now, updates the Air Zoom Elite with national flags on the back of the heel. Options include England, Scotland, Sweden and Germany. With Nike Air Technology and Nike’s Power Platform and ...
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News briefs
Federation’s Fed Cup, which just had its semi-final round on...
Federation’s Fed Cup, which just had its semi-final round on Apr. 26-27. BoscoSport will outfit all linespeople and ballboys at Fed Cup events.
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News briefs
The European Union has decided to include Macau in the...
The European Union has decided to include Macau in the anti-dumping duties on leather footwear that it has imposed on China and Vietnam. The European Commission found convincing evidence of circumvention, with European importers using Macau as a trans-shipment point for shoes manufactured in mainland China. After the EU imposed ...
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News briefs
Despite a difficult market, Sports Direct International says it will...
Despite a difficult market, Sports Direct International says it will meet its expectations of earnings before interest, taxes depreciation and amortization (EBITDA) of £148 million (€189.3m-$291.9m) for the year. It is also working on a deal with the Chinese chain ITAT to sell its brands, including Slazenger, Dunlop, Kangol and ...
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News briefs
Nike is organizing a series of street football matches in...
Nike is organizing a series of street football matches in Berlin, Hamburg, Stuttgart, Vienna and Zurich. Called the Nike Urban Skills Clubs, they started on Apr. 24, featuring 12 five-a-side teams competing against each other in each of these cities, accompanied by hip-hop music bands. The winning teams will participate ...
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News briefs
Nike is introducing its Nike+ Human Race, taking place in...
Nike is introducing its Nike+ Human Race, taking place in 25 cities worldwide on Aug. 31. The 10K races will take runners past historic monuments, and at the end of each race there will be a concert featuring a popular musical artist. The cities include Los Angeles, New York, London, ...
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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
ECCO reports a 49.0 percent increase in sales of "performance...
ECCO reports a 49.0 percent increase in sales of "performance shoes" in 2007, describing them as shoes for walking, the outdoors and other sports uses with the exception of golf footwear, whose sales went up by 16.0 percent. Some performance shoes are now being made of yak leather, which is ...
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News briefs
Effective Oct. 1, Stephan Ruggle, chief executive of Intersport Switzerland...
Effective Oct. 1, Stephan Ruggle, chief executive of Intersport Switzerland for five years, will join the executive board of Dosenbach-Ochsner, the country’s largest footwear and sporting goods retailer. Ruggle is said to be the heir apparent to Antoine Fölmli, president of the executive board. Fölmli, who has served for the ...
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News briefs
Lafuma reports flat sales of €120.5 million for the six...
Lafuma reports flat sales of €120.5 million for the six months ended March 31, with a 1.3 percent increase on a comparable basis. Only Oxbow performed well, posting a 7.4 percent sales increase. The Lafuma brand saw its sales decline by 1 percent in absolute terms, increasing by 0.5 percent ...
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News briefs
After 13 years of ups and downs, the partnership between...
After 13 years of ups and downs, the partnership between Trek Bicycle and Greg LeMonde is in its final leg. Last week, Trek filed a breach of contract lawsuit against the three-time Tour de France winner, following a lawsuit in March filed on his behalf against the company. Trek says ...
