All News briefs articles – Page 1077
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News briefs
Adidas is using David Beckham, the star footballer who is...
Adidas is using David Beckham, the star footballer who is leaving Real Madrid for the Los Angeles Galaxy football team, to launch its largest marketing campaign ever in the USA, centered on the charismatic British player. Adidas already claims the leadership in the U.S. football market, which said to be ...
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News briefs
Pitti Uomo, which again hosted many sports brands at its...
Pitti Uomo, which again hosted many sports brands at its latest session in Florence on June 20-23, suffered a small drop in total attendance to 21,638 people, compared with 21,683 a year ago. The number of Italian buyers at the Italian menswear fair declined to 12,747 from 12,897, partly because ...
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First-quarter sales for Heelys, the American company that sells footwear...
First-quarter sales for Heelys, the American company that sells footwear with wheels in the sole, jumped by 262 percent to $49.4 million. Turnover outside of the USA rose by 494 percent to $9.5 million, while domestic sales grew by 230 percent to $39.9 million. The company’s gross margin slipped by ...
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Anta Sports Products, a Chinese manufacturer and distributor of apparel...
Anta Sports Products, a Chinese manufacturer and distributor of apparel for Adidas, Reebok and Kappa, plans to go public on the Hong Kong Exchange, selling 600 million shares offered at HK$4.28-5.28 and raising a maximum of $460 million. The company plans to use proceeds of the initial public offering (IPO) ...
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L-Fashion Group, the Finish sports apparel company, is opening more...
L-Fashion Group, the Finish sports apparel company, is opening more than 100 retail stores under the Luhta banner throughout Finland and Russia before the end of this year. Most of the shops will be a joint investment between Luhta and local retailers, while 10 will be company-owned. The first door ...
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News briefs
Cintamani, an Icelandic supplier of outdoor apparel, is going to...
Cintamani, an Icelandic supplier of outdoor apparel, is going to present a special footwear collection at the Friedrichshafen OutDoor show next month. The shoes feature “Green Diamond,” a new sole marketed by an Icelandic-Chinese company. The rubber contains industrial diamonds to increase the grip of the sole. The Icelandic company ...
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China Sports International, which produces sports fashion apparel under the...
China Sports International, which produces sports fashion apparel under the YELI name and sells it to Europe, the Middle East, South America and South Africa, has filed for an initial public offering (IPO) on the Singapore stock exchange. The company had net income to the equivalent of $9.7 million in ...
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Nike EMEA has appointed Stefan Laban as general manager of...
Nike EMEA has appointed Stefan Laban as general manager of its equipment division, replacing Pat Zeedick who has moved back to Portland to head up the brand’s global equipment business. Zeedick was also specifically in charge of women’s fitness at the European office. Laban, who joined Nike from Escada five ...
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News briefs
Two architectural studios in Milan have jointly won the competition...
Two architectural studios in Milan have jointly won the competition for the original new head office of Salewa in Bolzano, which wants to become the “European mountain capital.” Cino Zucchi and Park Architetti have proposed to structure it as a series of internal and external landscapes that relate with the ...
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News briefs
Boot-Doc, an Austrian brand for soles and foot scan systems,...
Boot-Doc, an Austrian brand for soles and foot scan systems, has granted its worldwide distribution rights to the Italian ski boot brand Dalbello. Before, Atomic took care of the global sales of Boot-Doc. Due to Salomon’s takeover by Atomic’s parent company, Amer Sports, the group now has its own sole ...
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News briefs
Greg Oden, the monstrous U.S. college basketball star likely to...
Greg Oden, the monstrous U.S. college basketball star likely to get picked first in the upcoming U.S. National Basketball Association (NBA) draft, has already signed an endorsement deal with Nike. The Portland Trailblazers currently hold the top pick in the draft, making it probable that Oden will not be far ...
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News briefs
Sheri Poe, the founder of Rykä, has been named chief...
Sheri Poe, the founder of Rykä, has been named chief executive of Swiss Masai US, a subsidiary of the Switzerland-based Masai Group. In her new role Poe will be in charge of all operations, distribution and branding for MBT Physiological Footwear in the USA. She replaces Conrad Casser.
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News briefs
Lafuma has big plans for its Oxbow brand in the...
Lafuma has big plans for its Oxbow brand in the U.S. market, where the French outdoor group has been growing strongly in recent months. Oxbow’s well-known testimonial, Laird Hamilton, will have a 12 percent stake in a U.S. subsidiary of the brand, which will have an office in California. Oxbow ...
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News briefs
The Finish Line, one of the biggest sporting goods retailers...
The Finish Line, one of the biggest sporting goods retailers in the USA focusing on athletic footwear and apparel, looks set to acquire Genesco for $54.50 per share, valuing the American retail group at about $1.5 billion, following approval by both companies’ board of directors. Foot Locker had previously offered ...
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News briefs
Brooks Sports has reached an unspecified settlement with Nike, Exeter...
Brooks Sports has reached an unspecified settlement with Nike, Exeter Brands and Payless ShoeSource for the alleged infringement on its trademarked logo. The original lawsuit brought by Brooks on May 4 claimed that Exeter, a subsidiary of Nike, had put a logo on its new low-tier Tailwind athletic shoes that ...
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News briefs
Dick Velings, Sympatex’ managing director in charge of finance, R&D,...
Dick Velings, Sympatex’ managing director in charge of finance, R&D, and purchasing, will leave the company at the end of August. He will be replaced by two managers: Martin Friedrich, already managing director for sales and marketing, will additionally assume responsibility for Sympatex’ R&D. Sympatex’ new managing director in charge ...
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News briefs
Stride Rite Corporation, the parent company of Saucony, reports a...
Stride Rite Corporation, the parent company of Saucony, reports a 16 percent drop in net income to $14,165,000 for the 2nd quarter, ended June 1, on an 8 percent increase in net sales to $209.2 million. The footwear group, which is in the process of being bought by Payless ShoeSource, ...
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The sporting goods division of the Swiss-based Conzzeta Group, essentially...
The sporting goods division of the Swiss-based Conzzeta Group, essentially consisting of Mammut Sports Group, saw its sales of seasonal items stagnate in the first four months of this year because of the unusually mild winter weather, leading to higher inventories. However an early release of the summer collection helped ...
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VauDe will present a collection of 20 shoe models at...
VauDe will present a collection of 20 shoe models at the OutDoor show in Friedrichshafen. The German outdoor company most recently hired a sales director for its footwear unit, Uwe Bertram, who served before for Nike Germany as field and key account manager. VauDe’s move into the footwear business is ...
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News briefs
Puma has named Melody Harris-Jensbach, 46, to its board of...
Puma has named Melody Harris-Jensbach, 46, to its board of management, effective Jan. 1, following the retirement of Martin Gänsler. Harris-Jensbach was previously international product director for women’s casual product at Esprit. Her new role with Puma will entail overseeing product development, design, business unit management and global sourcing for ...
