All News briefs articles – Page 1082
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News briefs
A 40 percent rise in outdoor revenues, along with strong...
A 40 percent rise in outdoor revenues, along with strong sales for its jeanswear and “imagewear” businesses, drove VF Corp.’s revenues to an increase fo 15 percent to $1,673.6 million in the 1st quarter. Operating income climbed to $215. 3 million, as compared to $187.3 million in the year-ago quarter. ...
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News briefs
Head intends to pay its shareholders €7.5 million in cash....
Head intends to pay its shareholders €7.5 million in cash. Like one year ago, the payment of this kind of dividend will be made possible under Dutch regulations on dividend taxes through their approval of an amendment to the company’s statutes at the annual shareholders’ meeting on May 30. Shareholders ...
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News briefs
Salewa saw its sales increase last year by 9 percent...
Salewa saw its sales increase last year by 9 percent to €132 million, and its turnover will be further boosted this year by the successful launch of three footwear collections and by the start-up of a new sales subsidiary for the USA, located in Boulder, Colorado. On the back of ...
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News briefs
Following its acquisition by Unlimited Sports Group, the holding company...
Following its acquisition by Unlimited Sports Group, the holding company that owns Aktiesport and several Dutch wholesale companies, management changes continue at Perry Sport with the appointment as a chief commercial officer of Monique Koopman, former buying manager, who is replaced in this position by Pieter Völker, formerly at Ahold, ...
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News briefs
Johnson Outdoors adds another diving company to its portfolio, which...
Johnson Outdoors adds another diving company to its portfolio, which includes Scubapro diving equipment and Uwatec computers. The U.S. company has acquired a German brand of diving equipment, Seemann Sub. While Scubapro is a rather high-end brand, Seemann stands for a good price/quality ratio. It had so far focused on ...
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News briefs
AKU, the Italian brand of outdoor and trekking footwear, has...
AKU, the Italian brand of outdoor and trekking footwear, has named Mirco Battaglia as sales manager for Italy and brand manager for the New Zealand Icebreaker brand, which AKU is the sole agent of in Italy. Battaglia previously held similar roles with Bennetton Sportsystem, Marcolin, The North Face and Trudi.
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News briefs
K-Swiss has opened its first store in Amsterdam. Described as...
K-Swiss has opened its first store in Amsterdam. Described as a “connected store,” it also sells, next to its sneakers, music CDs, books and magazines, while waiting for the company’s new apparel collection. It features a coffee shop. Additional stores are planned in London and Paris.
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News briefs
Citing anonymous sources, a report by Thomson Financial says that...
Citing anonymous sources, a report by Thomson Financial says that Apax Partners Worldwide has no intention to purchase a sizeable share of Adidas. The statement was in response to a previous report in the Financial Times that the investment company was gearing up to acquire a 25 percent stake in ...
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News briefs
Through a recently struck licensing deal, Dunlop branded apparel and...
Through a recently struck licensing deal, Dunlop branded apparel and accessories will be distributed in the USA and Canada by the Antigua Group, an Arizona-based company that belongs to Mike Ashley, the rich British entrepreneur who controls Dunlop Slazenger through Sports Direct International. Ashley owns 68 percent of the company, ...
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News briefs
Berghaus has opened its first flagship store, located at the...
Berghaus has opened its first flagship store, located at the Gateshead MetroCentre in Northeast England. The store, which is entirely owned and operated by the British outdoor company, is meant to trial new products and to present the brand in the way in which the company wants to appear. The ...
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News briefs
Quiksilver has named Joe Scirocco as chief financial officer, replacing...
Quiksilver has named Joe Scirocco as chief financial officer, replacing Steve Brink who has resigned to pursue other interests but will first remain with the company for some time to ensure a smooth transition and to provide consulting services. Scirocco was most recently chief financial officer at Tommy Hilfiger Corporation. ...
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News briefs
Lotto Sport Italia has licensed Filon Confecções to manufacture and...
Lotto Sport Italia has licensed Filon Confecções to manufacture and sell the Lotto brand in the Brazilian market for the first time. The contract expires on Dec. 31, 2009 and carries the option of a 3-year renewal. Filon plans to distribute the products through specialized football shops, its own Filon ...
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News briefs
Groupe Go Sport has signed a leaseback deal that will...
Groupe Go Sport has signed a leaseback deal that will reduce its heavy debt load by €40 million. The French sporting goods retailer, which had a net loss for the third year in a row in 2006, has sold the real estate assets related to seven of its French stores ...
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News briefs
Enrico Frachey, the Italian executive who led Fila to its...
Enrico Frachey, the Italian executive who led Fila to its summit in the 1980s, died last Apr. 7 at the age of 73 of cancer. He was working on a book on the history of this company, which originated from the knitwear industry. He entered the company in 1971, after ...
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News briefs
Cybex International’s net income increased by 14 percent to $2,776,000...
Cybex International’s net income increased by 14 percent to $2,776,000 for the 4th quarter, ended Dec. 31, while sales rose by 5 percent to $38,212,000. For the full year 2006, net income reached $20,368,000, while revenues went up by 11 percent to $126,924,000.
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News briefs
Australian police have reportedly seized about 100,000 counterfeit surf items...
Australian police have reportedly seized about 100,000 counterfeit surf items from a warehouse in Melbourne. Among the knock-off goods, there were 10,000 fake Billabong products, including clothing and bags. There were also counterfeit goods branded as Nike, Adidas, Louis Vuitton, Chanel, Playboy, Quiksilver and Roxy.
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News briefs
Oliver Lennarz-Kellner, a former product manager at K2 Europe, has...
Oliver Lennarz-Kellner, a former product manager at K2 Europe, has taken on a new position at Cratoni as exort sales manager, responsible for France, Spain, the UK, the USA and some other countries. He works together with Michael Beck, another sales manager who is resposible for other markets. The German ...
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News briefs
Uvex’ sales increased in 2006 by 5.3 percent to €275,7...
Uvex’ sales increased in 2006 by 5.3 percent to €275,7 million. However, while the company’s work protection business raised its turnover by 8.6 percent to €185.5 million, the sports branch, trading under the brands Uvex, Alpina and Filtral, had a slight decrease down to €90 million.Uvex still has a strong ...
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News briefs
By 2012, companies doing business in Shenzhen, China will no...
By 2012, companies doing business in Shenzhen, China will no longer get the tax breaks that this special economic zone currently offers. China’s National People’s Congress has passed a law that gives the country a universal tax rate of 25 percent. Companies in Shenzhen are currently taxed at 15 percent. ...
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News briefs
Shortly after celebrating his 72nd birthday, Heiner Schwartz passed away...
Shortly after celebrating his 72nd birthday, Heiner Schwartz passed away on March 25 due to a heart desease. He acted as president of VDS, Germany’s sporting goods retailers’ association, between 1981 and 1995. He used to run a sports store in Hannover which he closed in 1995. His father had ...
