All News briefs articles – Page 1096
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News briefs
Volcom, which is set to take control of its European...
Volcom, which is set to take control of its European business in 2007, reported an increase of 19 percent in revenues to $59.7 million in the 3rd quarter, ended Sept. 30. The company’s operating income was up by 0.8 percent to $15.6 million. The gross margin slid by 40 basis ...
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News briefs
François Payot, the French executive who set up Rip Curl’s...
François Payot, the French executive who set up Rip Curl’s European operations under the name of Frog’s in 1982, has been promoted as president of Rip Curl Group, with global responsibilities. He replaces David Lawn who is leaving the company while returning to his native Australia after running Rip Curl’s ...
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News briefs
Thanks to double-digit sales growth in Europe, the turnover of...
Thanks to double-digit sales growth in Europe, the turnover of Life Fitness rose by 7 percent to $136.6 million in the 3rd quarter ended Sept. 30. On the other hand, poor margins in Europe and lower margins in strength training products strained operating income, which fell by 11.3 percent to ...
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News briefs
Wintersteiger, recognized as global leader in ski service machines with...
Wintersteiger, recognized as global leader in ski service machines with an estimated market share of around 70 percent, has set up a new warehouse and service center for the French and Western Swiss market. It is located some 20 kilometers away from a smaller rented facility in Sainte Hélène du ...
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News briefs
Orange 21, parent company of Spy Optics, seized 20,000 counterfeit...
Orange 21, parent company of Spy Optics, seized 20,000 counterfeit Spy sunglasses valued at $1.7 million in two Los Angeles retail shops and warehouses last month. The raid was the result of six months of investigation by an undercover agent.
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News briefs
Mammut Sports Group’s sales rose by 16 percent to 96.1...
Mammut Sports Group’s sales rose by 16 percent to 96.1 million Swiss Francs (€60.4m-$75.5m) in the first eight months of the year, ended Aug. 31. The sporting goods arm of the Conzetta Group did well in most markets, especially Austria and Switzerland as well as in Eastern Europe. Product-wise, clothing ...
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News briefs
Customs officials in Greece have confiscated 19,200 pairs of fake...
Customs officials in Greece have confiscated 19,200 pairs of fake Columbia Sportswear shoes. The footwear had been made in China and was on its way to a Greek importer. Per Greek law, the shoes will be destroyed. Columbia says that with the help of customs officials around the world it ...
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News briefs
Decathlon USA is recalling all 2006 Quecha branded tents and...
Decathlon USA is recalling all 2006 Quecha branded tents and canopies, as the units fail to meet the industry’s flame resistant standard, and could pose a fire hazard. About 22,000 units are included in the recall. The tents were sold at Decathlon USA stores in Massachusetts and through the company’s ...
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News briefs
The board of directors at Orange 21, parent company of...
The board of directors at Orange 21, parent company of Spy Optics, has shaken up its executive spots. Barry Bucholz has been moved from his position as chief executive at Orange 21 to the position of president of European operations, including the company’s recently acquired manufacturing division, LEM, and Spy’s ...
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News briefs
As part of the celebrations for its 25th anniversary, ASICS...
As part of the celebrations for its 25th anniversary, ASICS is helping to raise more than €10,000 for a national charity, “Das frühgeborene Kind,” that helps prematurely born children to step into a healthy life. For this purpose, ASICS is sending four former winners of the Frankfurt marathon to rely ...
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News briefs
Preliminary results for Callaway’s 3rd quarter, ended Sept. 30, suggest...
Preliminary results for Callaway’s 3rd quarter, ended Sept. 30, suggest that net sales are expected to total in the range of $193-195 million, up from last year’s $221 million. The company expects its gross margin to have dropped by roughly 500 basis points to about 35 percent - negatively affected ...
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News briefs
Trond E. Hansen, a 36-year-old fitness expert, became on Oct....
Trond E. Hansen, a 36-year-old fitness expert, became on Oct. 1 the first chief executive of Sportsbranjen.no AS, Norway’s new umbrella organization for the sporting goods sector, which intends to promote sports participation and to develop new services. A former triathlon champion, Hansen worked most recently with SATS, which stands ...
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News briefs
Puma has signed a 4-year contract with the U.S. Major...
Puma has signed a 4-year contract with the U.S. Major Indoor Soccer League (MISL), making it its official ball supplier with its own new v1.06 MISL Match Ball. In addition, Puma will be the title sponsor of the league’s annual scoring champion award and will have the right to produce ...
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News briefs
Investcorp is about to finalize a deal for the sale...
Investcorp is about to finalize a deal for the sale of its stake in Helly Hansen, according to a newspaper in Bahrein. Meanwhile, the Norwegian company has announced the availability of Helly TV – a series of partly interactive sports videos and podcasts that can be downloaded from its website, ...
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News briefs
Spyder Active Sports’ web of executives continues to be rewoven....
Spyder Active Sports’ web of executives continues to be rewoven. Joe Vernachio, formerly vice president of development and production, has now been promoted to executive vice president of product. On the design side, Spyder has appointed Peter Valles as creative director. Valles had already been with the company’s design team ...
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News briefs
Foot Locker has added a layer between its chief executive,...
Foot Locker has added a layer between its chief executive, Matt Serra, and its respective Europe, Canada and Asia Pacific businesses by appointing Ron Halls to the new position of president and chief executive of Foot Locker International. Foot Locker’s operations outside of the USA, including Foot Locker Europe, will ...
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News briefs
Adidas has taken over the sponsorship of the Mexican Football...
Adidas has taken over the sponsorship of the Mexican Football Federation (FMF) from Nike, through an agreement that has the Three Stripes outfitting all of the league’s teams from next Jan. 10 through 2014. Adidas officials declined to specify the price being paid for this coveted sports property.
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News briefs
Sergio Tacchini expects to reach an agreement with an Italian...
Sergio Tacchini expects to reach an agreement with an Italian or foreign partner within three to six month in order to re-launch the Italian sportswear company. The family-owned group is ready to open up its capital to outside investors, possibly through a re-financing move. The company would prefer an industrial ...
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News briefs
Liverpool FC is suing Reebok for an alleged two-month delay...
Liverpool FC is suing Reebok for an alleged two-month delay in getting its away football jerseys to the market before the beginning of the 2005-06 football season, which the football club says cost it a substantial amount. Seeking £7 million (€10.4m-$13.1m) in damages, the club will lock horns with Reebok ...
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News briefs
Regatta, the UK-based outdoor apparel and footwear company, has entered...
Regatta, the UK-based outdoor apparel and footwear company, has entered a partnership with Raleigh International, a youth development charity. The spawn of the partnership is the Regatta Foundation, which has as its aim to give disadvantaged youth the opportunity to experience what the Great Outdoors has to offer. The newly ...
