All News briefs articles – Page 1084
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News briefs
Puma has extended the rights to sponsor Italy’s national football...
Puma has extended the rights to sponsor Italy’s national football team - which it has held since 2003 - through the 2014 World Cup. Puma has also added another African country, Namibia, to the list of national football teams it sponsors on the continent, joining Angola, Botswana, Cameroon, Egypt, Ghana, ...
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News briefs
Karl Heinz Salzurger was reported this morning to have reached...
Karl Heinz Salzurger was reported this morning to have reached an altitude of 4,400 meters after five days of trekking as part of a one-month expedition through the Himalayas, organized to celebrate his 50th birthday. The Italian-born executive, who is president of VF Corp. for Europe, the Middle East, Africa ...
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News briefs
The budget for the 2012 London Olympics has quadrupled to...
The budget for the 2012 London Olympics has quadrupled to £9.35 billion (€13.8bn-$18.1bn) from its original estimate of £2.4 billion. Costs thus far include £5.3 billion (€7.8bn-$10.2bn) for construction work, £600 million for heightened security, a £840 million tax bill, £390 million for costs related to the Paralympics and a ...
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News briefs
VF Outdoor’s sales in Europe increased by 25 percent in...
VF Outdoor’s sales in Europe increased by 25 percent in 2006, or by 23.7 percent in constant dollars, with many brands recording double-digit growth. The turnover of The North Face and Napapijri went up by 25 percent while Vans’ sales increased by 23 percent. The American group says it consolidated ...
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News briefs
Pittards’ turnover for the year ended last Dec. 31 fell...
Pittards’ turnover for the year ended last Dec. 31 fell to £40.2 million from (€59.0m-$77.3m) £62.1 million in 2005. However, the British leather producer narrowed its operating loss before exceptional items to £500,000 (€734,000-$962,000), as compared to £2.5 million. The previous year was one of much transition for Pittards.At the ...
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News briefs
For a price of $44 million, Chrysalis Capital Partners has...
For a price of $44 million, Chrysalis Capital Partners has completed its acquisition of Malden Mills Industries, the American manufacturer of Polartec fabrics. It has done so through a new wholly-owned subsidiary called Polartec following bankruptcy proceedings that have eliminated most of Malden’s former debt. Malden’s current management team, led ...
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News briefs
PF Flyers, the 70 year-old company owned by New Balance...
PF Flyers, the 70 year-old company owned by New Balance since 2001, is teaming up with Baracuta, a 70 year-old English brand of classic rainwear, to develop a coordinated range of high-cut and low-cut shoes. The range will feature Baracuta’s plaid designs commonly found on its outerwear, and will be ...
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News briefs
Keen has acquired full ownership of Keen Europe, the German-based...
Keen has acquired full ownership of Keen Europe, the German-based company set up by Richard Litzel in 2004 to distribute the products of the fast-growing 4-year-old American footwear brand. Litzel, an industry veteran who previously ran Reebok Central Europe and Arena International, apparently felt that he had done his job, ...
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News briefs
Adidas has acquired the distribution of the Reebok brand in...
Adidas has acquired the distribution of the Reebok brand in Greece from its former importer, RbK Hellas, for an undisclosed amount. Starting on Jan. 1, 2008, Adidas Hellas will take over responsibility for the brand in the country under the management of Alain Brouhart, who is in charge of the ...
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News briefs
Tyr Sport has added five years to its licensing deal...
Tyr Sport has added five years to its licensing deal with Acier for Australia, just in time for the 2007 World Championships in Melbourne, which began this month. Separately, the company has signed Camelia Potec, an Olympic Gold Medal winner, and Razvan Florea, an Olympic medalist, to its list of ...
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News briefs
Adidas has presented the official match ball for the UEFA...
Adidas has presented the official match ball for the UEFA Champions League finals due to be plaid out in Athens next May 23. The ball, called the “Final Athens,” features the Three Stripes’ +Teamgeist technology already used for the World Cup last year. The Final Athens ball is in blue ...
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News briefs
Golf USA, an American chain of golf stores has been...
Golf USA, an American chain of golf stores has been denied by a European court to register the “Golf USA” name for all the 27 European Union member states. The U.S. company has more than 100 franchises in 32 U.S. states and in 10 other countries - Belgium, Ireland, Spain, ...
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News briefs
Sport & Loisirs, the new chain of sporting goods stores...
Sport & Loisirs, the new chain of sporting goods stores owned by the Leclerc retail group in France is reported to have reached a turnover of €25 million in 2006. The chain is planning six new openings in 2007 and 10 more in 2008.
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News briefs
Icon Health & Fitness has been sued for patent infringement...
Icon Health & Fitness has been sued for patent infringement by Cybergym Research, a Texas-based company. The lawsuit alleges that Icon’s NordicTrack SL 760 iFit recumbent exercise bike, the NordicTrack C 2420 iFit treadmill and at least six other fitness machines infringe on its technology patents for “Force Script Implementation ...
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News briefs
Berkeley Search & Selection, a UK-based executive recruitment company specializing...
Berkeley Search & Selection, a UK-based executive recruitment company specializing in the footwear, fashion and lifestyle sectors, is selling its business to its chief executive, Paul Meechan. This manager, who has extensive experience in the retail sector, joined Berkeley last year as part of the company’s aim to offer additional ...
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News briefs
VauDe has announced its official cooperation with the German National...
VauDe has announced its official cooperation with the German National Association for Forest and Nature Kindergartens, a national association that represents 700 such institutions in the country. These forest-embedded daycare centers are meant to give youngsters a breath of fresh air while their parents or guardians are away. According to ...
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News briefs
The National Basketball Association (NBA) has confirmed that four of...
The National Basketball Association (NBA) has confirmed that four of its teams will play games in Europe in October in Italy, Turkey, England and Spain. The four teams involved are the Boston Celtics, the Minnesota Timberwolves, the Memphis Grizzlies and the Toronto Raptors. The news follows on a report that ...
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News briefs
A group of franchisees of The Athlete’s Foot in France...
A group of franchisees of The Athlete’s Foot in France is reportedly claiming that they are not benefiting from TAF’s support enough to justify their franchising fees. Globally, TAF made a turnover of $9.9 million in 2006 according to its new owner, Nexcen Brands.
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News briefs
New Balance has named Jonathan Ram as its new managing...
New Balance has named Jonathan Ram as its new managing director for Europe, the Middle East and Africa (EMEA), effective April 1. Based in the UK, he will replace Alistair Cameron who has left to pursue other opportunities. His stated goal is to double the market share of New Balance ...
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News briefs
Daniel Hechter, a formerly French label that has been owned...
Daniel Hechter, a formerly French label that has been owned since 1998 by the German textile company Miltenberger Otto Aulbach, has dropped its sub-brand Daniel Hechter Sport. According to the management, the sports collection did not reach a satisfying market penetration. It is not decided yet whether Daniel Hechter may ...
