All News briefs articles – Page 1110
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News briefs
Cybex International’s shares have been priced at $5.50 for a...
Cybex International’s shares have been priced at $5.50 for a secondary offering of 3.5 million shares, with the potential to gross proceeds of $19.25 million. Half of the shares would be sold by the company and the other half by shareholders, including UM Holdings. A greenshoe overallotment of 525,000 shares ...
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News briefs
In the Big 5 European countries – France, Germany, Italy,...
In the Big 5 European countries – France, Germany, Italy, Spain and the UK - 40 percent of consumers polled by NPD Sports Tracking Europe said they have already bought or intend to buy a shirt that supports their country’s World Cup team. Of the 5,000 consumers interviewed, 14 percent ...
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News briefs
Intersport Deutschland is predicting a 5 percent increase in the...
Intersport Deutschland is predicting a 5 percent increase in the revenues of its affiliated stores for the financial year ending next Sept. 30, after an estimated 6 percent increase in the 1st quarter. Preliminary orders for the current Spring/Summer season are up by 29.8 percent from a year ago, thanks ...
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News briefs
The family of Leopoldo Poppi, the 67-year-old Italian executive who...
The family of Leopoldo Poppi, the 67-year-old Italian executive who launched North Sails’ clothing line in 1986, has given a mandate to a merchant bank, Armer, to find an investor who will acquire up to 40 percent of the shares of his company, Tomasoni Topsail. Leopoldi and his sons, Riccardo ...
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News briefs
In the latest action of the Chinese government’s war on...
In the latest action of the Chinese government’s war on fake textiles, authorities in Zhejiang seized more than 1,400 counterfeit Nike and Adidas T-shirts and pants, valued to the tune of 50,000 renmimbi (€4,873-$6,242). The two retail shops that were selling the goods have been charged with infringement of international ...
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News briefs
After two months of buoyant sales, the recovery of the...
After two months of buoyant sales, the recovery of the Dutch sports market apparently slowed down in March, with a sales increase of just 0.5 percent compared with the same month last year. This comes after more encouraging growth of 4.7 percent in January and a 12.1 percent jump in ...
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News briefs
After investing heavily in the sports lifestyle segment of the...
After investing heavily in the sports lifestyle segment of the market, Sport 2000 France has announced three important initiatives in the sports equipment sector. It has signed a deal as the exclusive French representive of Erhard Sport, the German supplier of fixtures for team sports facilities, and it is working ...
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News briefs
The OutDoor fair in Friedrichshafen reported a few days ago...
The OutDoor fair in Friedrichshafen reported a few days ago an 8.5 percent year-on-year increase in the number of square meters booked for its next edition in late July. A total of 29,500 sqm. have been reserved, with the non-German quota up to 77 percent of the total. The fair ...
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News briefs
Ellesse has agreed to be the official clothing and footwear...
Ellesse has agreed to be the official clothing and footwear sponsor of the World Tennis Association’s (WTA) tournament in Montreal to be held next Aug. 12-20. The deal entails linespeople, ball crews, volunteers and officials donning the company’s apparel. Separately, Ellesse has signed a contract to be the official clothing ...
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News briefs
Arena International has also made some appointments to facilitate the...
Arena International has also made some appointments to facilitate the implementation of its 2006-09 business plan. Christiane Nothelfer, currently general manager of Arena Deutschland and in charge of Germany and Austria, is now taking responsibility also for Switzerland and the Netherlands. Similarly Nicholas Préault, general manager of Arena France, is ...
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News briefs
Umbro is teaming up with Tumi, the American brand of...
Umbro is teaming up with Tumi, the American brand of luggage, putting out a co-branded line of high-performance training garments for the next Fall season, to be marketed mainly in the USA and the UK. In an interim statement, the British brand says its sales in the USA will decline ...
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News briefs
Puma has opened a North American brand center on the...
Puma has opened a North American brand center on the site of its regional headquarters in Westford, Massachusetts. The 8,500 square-foot facility will now be the company’s primary showroom. Puma has other showrooms in New York, Philadelphia, Los Angeles, Atlanta, Texas and Chicago.
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News briefs
Lafuma has made some new appointments within the group. Frédéric...
Lafuma has made some new appointments within the group. Frédéric Ducruet has been appointed as general manager of the Oxbow subsidiary, taking the place of Dominique de la Tournelle who left shortly after the acquisition of the French surf brand last year. Ducruet will continue as general manager of Millet, ...
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News briefs
An arbitrator in a lawsuit involving a case between a...
An arbitrator in a lawsuit involving a case between a Converse subsidiary and Alon International, S.A., has awarded Alon, the former licensee of Converse in Brazil, Argentina, Paraguay and Uruguay, roughly $52.5 million in damages plus legal fees. Nike, the parent company of Converse, is fighting the ruling, but will ...
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News briefs
Technogym consolidates its leadership in the area of “wellness” through...
Technogym consolidates its leadership in the area of “wellness” through the acquisition of a 40% stake in Starpool, an Italian company that markets swimming pools, saunas and Turkish baths which had sales of €6.5 million in 2005. The Italian company saw its revenues increase by 21 percent last year to ...
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News briefs
Nautilus will buy the assets of the Universal brand of...
Nautilus will buy the assets of the Universal brand of fitness equipment along with seven additional trademarks – Universal Gyms, Power Pak, Universal Fitness, Maximus, Vitamaster, Cebturion and Power Circuit - for $2.31 million, adding to the company’s current brand portfolio of Nautilus, Bowflex, Stairmaster, Schwinn Fitness and Pearl Izumi. ...
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News briefs
Thomas Zettler, the former Atomic executive who was running international...
Thomas Zettler, the former Atomic executive who was running international sales and marketing for Völkl and Marker, has left the company voluntarily and his position will not be filled. The operational handling of international sales and key accounts had already been handed over to Robert Wagner last February. Meanwhile Reto ...
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News briefs
“Pitch Invasion,” the first English-language version of Barbara Smit’s book...
“Pitch Invasion,” the first English-language version of Barbara Smit’s book on the history of Adidas and Puma, will be available from next week, with slightly different contents from the book first published in German a few months ago under the title “Drei Streifen gegen Puma.” Published by Penguin, the English ...
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News briefs
Marcel Boekhoorn, the Dutch investor who had signed a letter...
Marcel Boekhoorn, the Dutch investor who had signed a letter of intent to acquire Joint Services International (JSI), the European licensee for the O’Neill brand, has apparently given up the purchase after due diligence proceedings. The turn-about is thought to have been triggered by uncertainties about the future relationship between ...
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News briefs
Jacques van der Manden, former brand manager of O’Neill Footwear,...
Jacques van der Manden, former brand manager of O’Neill Footwear, has joined Wolverine World Wide as director of international sales of Merrell Europe, responsible also for the introduction of the group’s new Patagonia footwear line. Operating out of Holland, he will be responsible for relations with European independent distributors. In ...
