All News briefs articles – Page 1069
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News briefs
Ashworth has reported a net loss of $5,649,000 in its...
Ashworth has reported a net loss of $5,649,000 in its third quarter, which ended on July 31, against a profit of $681,000 in the year-ago period, and an operating loss of $2,958,000 versus a profit of $1,790,000. Revenues dipped by 6 percent to $49,461,000, with sales outside the USA down ...
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Globe’s revenues from continuing operations were up by 14 percent...
Globe’s revenues from continuing operations were up by 14 percent in constant dollars in the USA for the year ended June 30 thanks to a 12 percent increase in footwear units and a 20 percent increase in Dwindle skateboards. Overall, Globe’s sales increased by 9 percent in currency-neutral terms, with ...
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Belle International Holdings reported a 144.8 percent increase in profits...
Belle International Holdings reported a 144.8 percent increase in profits to $135 million and a 148.9 percent increase in turnover to $679 million for the six-month period ended June 2007. The Chinese retailer, which already operates hundreds of single-brand stores for Adidas, Nike and other sports brands, recently formed a ...
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Puma, which will be the official kit supplier to 15...
Puma, which will be the official kit supplier to 15 national athletic teams at the 2008 Beijing Olympics, has just opened its first concept store in China. Located in Beijing like the flagship store already opened by Nike and the flagship due to be opened by Adidas, it will be ...
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Peter Kuba, who has been serving for K2 in various...
Peter Kuba, who has been serving for K2 in various management positions since 1997, has been appointed as managing director of K2 Europe in charge of sales & marketing, replacing John Rangel who is returning to America. The change follows K2’s recent sale to Jarden Corporation, which also owns Coleman ...
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Just after a few months serving for F2 as marketing...
Just after a few months serving for F2 as marketing director, Alexander Hasch returns to Boards & More to take on similar responsibilities for North Sails within the B&M group. His predecessor Boris Zwetkoff is now brand manager of Mistral within the same company.
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Sport 2000, the French purchasing and marketing group, will sponsor...
Sport 2000, the French purchasing and marketing group, will sponsor the French Women’s Handball team for the next three years. The decision takes place in anticipation of the 2007 World Women’s Handball Championship, taking place in France next Dec. 2-16 and the 2008 Olympic Games in has recently sought to ...
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The Nordea Group now holds directly and indirectly 5.43 percent...
The Nordea Group now holds directly and indirectly 5.43 percent of Amer Sports’ shares, following acquisitions by two Finnish affiliates, Nordea Bank Finland and Nordea Life Assurance Finland. Separately, Amer says the total number of its issued shares has reached 72,209,937 as a result of an exercise of 2003 warrants ...
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News briefs
While he was gushing about the opportunities for the expansion...
While he was gushing about the opportunities for the expansion of Rockport under the ownership of Adidas just a few days ago, Rick Paterno, the American footwear company’s president and chief executive officer, announced at the beginning of this week that he would resign from his position from the start ...
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News briefs
A free sports channel is about to see the light...
A free sports channel is about to see the light in Russia upon the recommendation of President Vladimir Putin. Tenders for the license were supposed to be submitted by Aug. 29. The favorite candidate is 7TV, a broadcaster which is half owned by Alisher Usmanov, controlling shareholder of Metalloinvest.
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News briefs
El Corte Inglés wants to increase its presence abroad as...
El Corte Inglés wants to increase its presence abroad as it expects domestic consumption to start slowing down in the near future. Portugal is the only foreign country where it has two department stores. A third onee is planned for 2008 or 2009 in Cascais, north of Lisbon. Italy is ...
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Billabong International has acquired Xcel, a Hawaii-based brand of wetsuits...
Billabong International has acquired Xcel, a Hawaii-based brand of wetsuits and other water sports accessories for surfing, diving, ocean paddling and wakeboarding that was recently awarded the “Wetsuit of the Year” title by the Surf Industry Manufacturers Association in the USA. Xcel is particularly strong in Hawaii and in the ...
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Acting through M&S Market Service, the new consultancy of Markus...
Acting through M&S Market Service, the new consultancy of Markus Zaversnik, X-Action Function Wear has signed multiple distribution agreements since the launch of its international project in February 2007. The Austrian sock and functional wear manufacturer is now represented by Web Sport in Russia, Woodland in Greece, Skodsborg Sport in ...
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Sportjam, the action sports fair held earlier this month in...
Sportjam, the action sports fair held earlier this month in the Spanish town of Irun, on the border with France, welcomed only 904 trade visitors, compared with about 1,500 a year ago. They represented 160 stores, half as many as in 2006, with 45 percent of them coming from France ...
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Adidas is using a stretch fiber called DOW WLA from...
Adidas is using a stretch fiber called DOW WLA from Dow Fiber Solutions for a new collection of performance swimwear, named Infinite Plus, for competitive swimmers. The fiber is designed to enhance durability, performance and comfort, and is said to be the first stretch fiber to continue performing after 1,000 ...
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After a successful two-year test run at a location in...
After a successful two-year test run at a location in Prague, Salomon is opening two full-fledged single-brand stores in the Part-Dieu shopping center of Lyon and the Europark mall of Salzburg. Each measuring 150-180 square meters of net sales area and showcasing the best products of each category, they will ...
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Columbia Sportswear has signed a licensing agreement with Kruger Optical...
Columbia Sportswear has signed a licensing agreement with Kruger Optical for binoculars, spotting scopes, high-performance riflescopes and other sports optics products addressing hikers, bird watchers, hunters and other outdoor enthusiasts. The deal is initially for the North American market Columbia already has a separate agreement for sunglasses, wristwatches, bicycles and ...
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Berghaus has signed a license and distribution agreement with E-Land,...
Berghaus has signed a license and distribution agreement with E-Land, a top Korean retailer with more than 4,000 stores. E-Land will be the exclusive distributor of the Berghaus brand in Korea, where the British brand has 30 stand-alone stores and sells to multi-brand retailers. The 5-year agreement, with a possible ...
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Vaude’s founder, owner and managing director, Albrecht von Dewitz, has...
Vaude’s founder, owner and managing director, Albrecht von Dewitz, has been dropping here and there his thoughts about his own succession over the last several years. There has never been any doubt that his daughter, Antje von Dewitz, would take over one day. It is now planned that she will ...
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Amer Sports is putting all its operations in the UK...
Amer Sports is putting all its operations in the UK and Ireland under the same roof. Formerly operating from different sites, Salomon, Atomic, Mavic, Precor, Suunto and Wilson and their complementary brands will all be housed from next December in a new headquarters in Frimley, Surrey and run by Michael ...