All News briefs articles – Page 1049
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News briefs
The world bicycle market is expected to continue to grow...
The world bicycle market is expected to continue to grow at a compound annual growth rate of 5.28 percent through 2010, reaching by then a level of more than $61 billion, according to Global Industry Analysts. The growth rate is based on a start-up date in 2001. Sales in the ...
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News briefs
Bicycle manufacturers and dealers in several countries in Eastern Europe...
Bicycle manufacturers and dealers in several countries in Eastern Europe and elsewhere are being given the opportunity to participate in Shimano’s “Reliability Campaign,” related to quality certification of bicycles manufactured with Shimano parts. The brand gives silver status to bicycles that use certain high-quality Shimano components, and gold status to ...
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News briefs
Carl Zeiss Vision has created a separate sales department for...
Carl Zeiss Vision has created a separate sales department for its sports optics products. The new division is headed by Ralph Nebe, who had previously been in charge of sales and marketing for another German optics company, Leica, recently sold by Hermès International. The marketing for Zeiss’ sports optics remains ...
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News briefs
Dosenbach-Ochsner, the leading Swiss chain for footwear and sporting goods...
Dosenbach-Ochsner, the leading Swiss chain for footwear and sporting goods that belongs to the Deichmann group, increased its sales in 2007 by 14 percent and reached a turnover of CHF 782 million (€493.4 million). Its specialized sporting goods subsidiary, Ochsner Sport, which ended the year with 83 Ochsner and 11 ...
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News briefs
Most of the workers at the Ching Luh shoe factory...
Most of the workers at the Ching Luh shoe factory in Vietnam returned to work after management agreed to a monthly wage increase of 10 percent to the equivalent of around US$67. The workers had requested a 20 percent raise and better lunches. The company agreed to a 10 percent ...
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News briefs
Erima makes a comeback in German football sponsorships as supplier...
Erima makes a comeback in German football sponsorships as supplier of the TSV 1860 München team from next summer on. The German brand, a former property of Adidas, has been in the past the sponsor of the German national football team and of high-caliber clubs such as Schalke 04, Borussia ...
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News briefs
Head confirmed the de-listing of its shares from the expensive...
Head confirmed the de-listing of its shares from the expensive New York Stock Exchange, effective on March 31. The company is facilitate the transfer of shares from the NYSE to the Vienna stock exchange, where they are still trading, using the Bank of New York as transfer agent, paying the ...
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News briefs
Ebay Germany decided to halt its Ebay Express project by...
Ebay Germany decided to halt its Ebay Express project by April 23. The company said that the decision is based on feedback from retailers and buyers alike. The original idea of the Express format was to give a platform of higher value to professional retailers. Only professional dealers who meet ...
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News briefs
The Italian Swimming Federation decided to prevent the participants in...
The Italian Swimming Federation decided to prevent the participants in a national championship taking place in Leghorn this week from using the new high-tech swimsuits introduced by Speedo, Arena and Adidas, on the grounds that they are not available to all the competitors. The Italian federation had initially banned the ...
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News briefs
Nike Golf is delivering a new luxury line of golf...
Nike Golf is delivering a new luxury line of golf clothing inspired by Tiger Woods, called the Tiger Woods Platinum Collection. Meanwhile Simon Chard and Mark Lawrence, both formerly at Cleveland Golf, have been appointed to newly created positions on the rapidly expanding UK sales team at Nike Golf. Chard ...
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News briefs
Werner Haizmann, president of FEDAS and VDS, the sports retail...
Werner Haizmann, president of FEDAS and VDS, the sports retail federations for Europe and Germany, respectively, went public with an open letter in which he regrets that there will be no ISPO Summer this year although there was a joint effort by local lobbying groups to promote the revival of ...
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News briefs
For the third year in a row, four NBA teams...
For the third year in a row, four NBA teams will visit Europe to play pre-season games in October for NBA Europe Live. This year the matches on schedule will see the Miami Heat team playing against the New Jersey Nets in Paris on Oct. 9 and in London on ...
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News briefs
Maus Frères of Geneva, the large Swiss retail and wholesale...
Maus Frères of Geneva, the large Swiss retail and wholesale company, is thinking about expansion outside its home country and is targeting neighboring countries and the USA without indicating precise projects. Maus Frères reached sales exceeding CHF 6 billion (€3.8 billion) in 2007. The group also strengthened its wholesale business, ...
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News briefs
The Norwegian Sport 1 Group opened its first Xonsports store...
The Norwegian Sport 1 Group opened its first Xonsports store last month, and 30 to 40 other such fashion-oriented stores are due to open over the next three years in urban areas. Sport 1 was taken over by the Gjelsten Holding firm one year ago, under its chief executive Bjørn ...
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News briefs
Bergans of Norway, which is celebrating its 100th anniversary in...
Bergans of Norway, which is celebrating its 100th anniversary in May, reported 47 percent growth in turnover for its 2007 financial year, to NOK 430 million (€53.1m-$82.9m). Although officials did not break down these figures, sales on the domestic market were said to grow at a pace similar to that ...
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News briefs
Perry Ellis International’s Swim Group saw a 12 percent jump...
Perry Ellis International’s Swim Group saw a 12 percent jump in revenues for the fourth quarter, with help from Jag, Jantzen and its mid-tier brands. Its biggest boost came from Nike Swim, though, which had a 40 percent jump in revenues to reach nearly $50 million. Perry Ellis overall had ...
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News briefs
Brooks Sports reported a 17.5 percent jump in revenues for...
Brooks Sports reported a 17.5 percent jump in revenues for 2007, after an increase in sales of 20 percent in its domestic market and of more than 19 percent outside the USA. Operating earnings for the running brand were up by 39 percent. In its first year under Brooks management, ...
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News briefs
Garmin has reported a 19 percent sales increase to $340...
Garmin has reported a 19 percent sales increase to $340 million for its sales of outdoor and fitness-related products in 2007. Total sales jumped by 79 percent to $3.18 billion last year, driven by a 115 per cent increase to $2.34 billion in the automotive segment. Net profit rose by ...
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News briefs
Sport 2000 France has bought Espace Montagne, a mountain specialist...
Sport 2000 France has bought Espace Montagne, a mountain specialist retailer in France, increasing its presence in the outdoor segment. Espace Montagne, headed up by its founder and former owner, Christian Miège, will now become a member of the buying group. Intersport intends to use the banner and its expertise ...
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News briefs
The Universal brand, acquired by Nautilus in 2006, will have...
The Universal brand, acquired by Nautilus in 2006, will have a line of strength fitness products on the market in 2009, according to information in the company’s recently filed annual 10-K report. The report also reveals that the company’s R&D investments rose by 11 percent in 2008 to $10.4 million ...
