All News briefs articles – Page 1061
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News briefs
An appeal court in Den Bosch, the Netherlands, ruled that...
An appeal court in Den Bosch, the Netherlands, ruled that Ferro Footwear, a Dutch shoe sourcing company, should not be condemned for using signs similar to trademarks registered by Puma for its own shoes. Puma had ordered the seizure of a batch of Ferro shoes from the shelves of a ...
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News briefs
Nautilus’ recently appointed president and chief executive, Bob Falcone, is...
Nautilus’ recently appointed president and chief executive, Bob Falcone, is setting up a matrix-style management structure involving new executives. Two senior vice presidents will share the title of general business manager, reporting to him. One is Kenneth Fish, currently vice president of global finance at Nautilus. The other is Caroline ...
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The Austrian chain Gigasport recently opened two more stores, one...
The Austrian chain Gigasport recently opened two more stores, one in Klagenfurt in Carinthia, the other in the Czech city of Karvina. Gigasport now counts 18 outlets in Austria, 11 in the Czech Republic, three in Slovenia and one in Slovakia.
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News briefs
A Paris court has ordered Lidl and Bevaform, an Austrian...
A Paris court has ordered Lidl and Bevaform, an Austrian producer of sports shoes, to pay damages of €85,000 to Décathlon in a counterfeiting case. The German discount retail chain was found guilty of selling two models of hiking shoes in 2005, supplied by Bevaform, that imitated one of the ...
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Engelhorn, the German sports and fashion retailer based in Mannheim,...
Engelhorn, the German sports and fashion retailer based in Mannheim, has expanded the range of products offered for sale on its website. From five brands, the assortment has grown to 15 and should soon double. With brands such as ASICS, Atomic or The North Face, the sports segment is the ...
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Nike’s “Supersonic” running race at Battersea Park in London earlier...
Nike’s “Supersonic” running race at Battersea Park in London earlier this month combined running with music to show how the use of music can make people run faster. The event involved Dizzee Rascal and The Enemy performing a concert at the end of the flood-lit 1-kilometer race. The initiative, which ...
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In its quest to become a multi-brand conglomerate, Li Ning...
In its quest to become a multi-brand conglomerate, Li Ning has acquired a 57.5 percent stake in Double Happiness, a Chinese supplier of table tennis and badminton equipment, for 305.3 million (€27.8m-$41.2m) renmimbi in cash. The company had earnings of RMB18.8 million (€1.7m-$2.5m) in 2005 and RMB25.1 million (€2.3m-$3.4m) in ...
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Suzanne Karkus has been named as senior vice president of...
Suzanne Karkus has been named as senior vice president of apparel at Under Armour. She launched the Izod brand of women’s lifestyle clothing in 2003 after running the women’s division of Calvin Klein Jeans. She also worked for Ralph Lauren and Esprit.
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News briefs
Brantano, the leading Belgian shoe retailer that is to be...
Brantano, the leading Belgian shoe retailer that is to be acquired by Macintosh Retail Group in the Netherlands, has adjusted its full-year forecasts upwards after a strong performance in the 3rd quarter. The company’s recovery in the UK appears to be well under way, with positive growth in comparable sales ...
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News briefs
Fila has struck a private brand deal with Kohl’s, a...
Fila has struck a private brand deal with Kohl’s, a leading U.S. department store chain. The broad multi-year deal covers men’s, women’s and children’s categories for apparel, footwear and accessories under the Fila Sport logo. The first dedicated collection will be delivered to the American retailer in the Fall of ...
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Easton-Bell Sports, the U.S. sporting goods conglomerate composed of Easton...
Easton-Bell Sports, the U.S. sporting goods conglomerate composed of Easton Sports, Bell Sports and Ridell Sports, saw its operating profit rise by 16 percent to $22,620,000 in the third quarter. Net income increased by 85 percent to $6,845,000 for the three months, ended Sept. 29. The gross margins declined by ...
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News briefs
Lotto is tentatively considering a possible stock market listing. One...
Lotto is tentatively considering a possible stock market listing. One of the conditions for this would be the attainment of an annual turnover of about €500 million. Company officials are targeting this level by 2010-11, when China, India and other Asian countries are expected to generate one-fourth of the total ...
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Considering that the French ski market has a very high...
Considering that the French ski market has a very high potential for further development, despite the presence of two big local players, Fischer has decided to set up its own wholly owned subsidiary in the country. Called Fischer France, it will take over the business from its former exclusive distributor, ...
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Daiwa Seiko posted strong results during the first half of...
Daiwa Seiko posted strong results during the first half of its financial year, ended Sept. 30. Net income at the Japanese fishing gear and sports equipment company rose by 153 percent to ¥4.26 billion (€26.4m-$39.2m) for the six months, while sales increased by nearly 8 percent to ¥33.68 billion (€208.8m-$309.9m). ...
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DC Europe has hired Thierry Kunz, a former professional free-style...
DC Europe has hired Thierry Kunz, a former professional free-style rider, to be its business unit manager for a new snow division. His role is to define and launch a strategy on a European scale in collaboration with the product, marketing and sales teams. His appointment comes at a strategic ...
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While facing the desertion of several franchisees in France and...
While facing the desertion of several franchisees in France and a legal court appeal from its former Italian master franchisee, The Athlete’s Foot has opened its first next-generation performance store in Alabama, USA, with a major revamp of its logo, store design and merchandising system. Meanwhile NexCen Brands, parent company ...
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Elan Snowboards has launched a new Quick Fit Lacing System,...
Elan Snowboards has launched a new Quick Fit Lacing System, which is designed to maximize the fit of a pair of snowboard boots. The laces incorporate a sturdy lock mechanism, based on the clamp system used to secure a yacht’s ropes to sails, to lock the boot’s lace at the ...
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Groupe Go Sport recorded a slight increase in turnover for...
Groupe Go Sport recorded a slight increase in turnover for the first nine months ended Sept. 30, rising by 0.6 percent to €585.4 million compared with the year-ago period. The French sporting goods retailers suffered a 0.7 percent decline in domestic sales to €531.7 million, but its business in Belgium ...
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News briefs
Cybex International reported net income of $4,559,000 for the quarter...
Cybex International reported net income of $4,559,000 for the quarter ended Sept. 29, against $503,000 in the year-ago period. The profit was aided by a $5.83 million income tax provision. The American fitness company’s sales grew by 15 percent to $32.6 million despite production delays resulting from a move in ...
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News briefs
Acushnet, the golf unit of Fortune Brands, saw a 1...
Acushnet, the golf unit of Fortune Brands, saw a 1 percent decline in operating income in the third quarter 2007 to $30 million, even though there was sales growth of 7 percent to a record $318 million. The segment, which consists of Titleist, Cobra Golf and FootJoy, has recorded a ...