All News briefs articles – Page 1111
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News briefs
CORRECTION: Martin Haldimann is business development manager of Swany Europe,...
CORRECTION: Martin Haldimann is business development manager of Swany Europe, which won the Red Dot Design Award.
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News briefs
Helly Hansen may soon change hands within the next few...
Helly Hansen may soon change hands within the next few weeks, after several years of speculation, as its profitability is improving. While its consolidated sales rose by less than 6 percent to some 1.46 billion Norwegian kroner (€186.9m-$239.5m) last year, earnings before amortization and depreciation (EBITDA) grew by 50 percent, ...
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Décathlon has started a test, labelled Sport-Dispo, to examine the...
Décathlon has started a test, labelled Sport-Dispo, to examine the feasibility of a program to sell a selected range of items from its vast portfolio of private brands, including Quechua, on a wholesale basis in France. The country’s largest sporting goods retailer is targeting mainly small regional chains located in ...
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Décathlon has opened the largest sporting goods store in Russia,...
Décathlon has opened the largest sporting goods store in Russia, and aside for some initial delivery problems it’s selling well in spite of a lack of any major marketing campaign. With a staff of 150 people, the mega-store is located on the ring road of Moscow, in the suburb of ...
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News briefs
Implus Footwear has purchased Yaktrax, a manufacturer of snow and...
Implus Footwear has purchased Yaktrax, a manufacturer of snow and ice traction devices, for an undisclosed sum. The acquisition should boost Implus’s annual revenues to close to $70 million. Steve Couder, national sales manager of Yaktrax, will remain in his position at this new division of Implus.
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News briefs
Jochen Zeitz and Martin Gänsler, the two top managers of...
Jochen Zeitz and Martin Gänsler, the two top managers of Puma, have made capital gains of €9.37 million and €4.47 million, respectively, through the resale of Puma shares, the company says on its website. Zeitz, who is the company’s chief executive, sold 82,700 shares at an average price of €319.49 ...
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News briefs
Net income decreased by 45.7 percent to $9,429,000 for Nautilus...
Net income decreased by 45.7 percent to $9,429,000 for Nautilus in the 1st quarter, ended March 31. The results are better than those of the 4th quarter of 2005 on the same amount of sales, reflecting the effects of a 6-point plan launched in the 2nd part of last year ...
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News briefs
After a short stay at AND 1, Frederic Houdaille has...
After a short stay at AND 1, Frederic Houdaille has left to join Dansko, an American comfort footwear company where he will be responsible for launching the brand outside of the USA, in spite of some intellectual property issues still pending in Europe. Houdaille had been in charge of European ...
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News briefs
Diving sales dropped by 11 percent to $17.1 million for...
Diving sales dropped by 11 percent to $17.1 million for Johnson Outdoors in its 2nd quarter, ended March 31, mainly due to poor sales in Europe and unfavorable foreign currency exchange rates. Without currency conversion, the division’s sales would have dropped by 5.3 percent. Overall turnover for Johnson was up ...
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News briefs
Coleman raised its net income by 86 percent to $12.8...
Coleman raised its net income by 86 percent to $12.8 million in the 1st quarter, despite unfavorable exchange rates and higher raw material costs. Sales grew by 25 percent to $228.1 million . Coleman’s profitability is expected to be slightly higher this year, which has been labelled one of transition ...
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William Kirschner, the founder of K2, died on Apr. 23...
William Kirschner, the founder of K2, died on Apr. 23 at the age of 87. Kirschner started the company in 1961, after he constructed a pair of fiberglass skis for winter vacation. K2 was named after the world’s second highest mountain and the initials of the two Kirschner brothers, Bill ...
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News briefs
A Chinese court has sentenced a counterfeiting kingpin to 3...
A Chinese court has sentenced a counterfeiting kingpin to 3 ½ years in prison and a fine of $3,700 for selling more than $75,000 in fake golf clubs into the market. Last October local authorities arrested Chen Hui, who was supplying the clubs to the Shanghai Mart, and seized 1,362 ...
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News briefs
Cybex International’s net income that jumped by 460.5 percent to...
Cybex International’s net income that jumped by 460.5 percent to $667,000 in the 1st quarter on sales that rose by 17 percent to $28.9 million. The gross margin was up by 70 basis points to 36.5 percent.
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News briefs
Randi Saethershagen, 48, is the first woman to be appointed...
Randi Saethershagen, 48, is the first woman to be appointed as president and chief executive of Swix Sport. Formerly in charge of sales, marketing and communication for the Norwegian Lottery, called Norsk Tipping, she takes the place formerly occupied by Mikkel Doblong, who has been gradually retiring. Erik Stensurd held ...
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Pentland Group has a 49 percent stake in a consortium...
Pentland Group has a 49 percent stake in a consortium that will acquire Hunter Rubber Company, a 150-year-old Scottish manufacturer of Wellington boots, salvaging it from court-supervised administration. The consortium includes a shirtmaker and is led by Jonathan Marland, a former risk management adviser and insurance broker who is currently ...
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Jim Stroesser, who last acted as vice president of footwear...
Jim Stroesser, who last acted as vice president of footwear at Quiksilver, is hired by Pony International’s new owners as chief executive of the company. He had been previously vice president of sales at Converse. Pony, a former property of GBMI, has also appointed Rollen Jones, a former vice president ...
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In last month’s U.S. National Football League (NFL) draft, Adidas...
In last month’s U.S. National Football League (NFL) draft, Adidas and Reebok saw two of their endorsed players get selected in the top three of the overall picks. Reggie Bush, who will endorse Adidas’ Power Web apparel, was chosen second overall by the New Orleans Saints. Vince Young, the quarterback ...
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Ashworth Europe is partnering with the Professional Golfers Association of...
Ashworth Europe is partnering with the Professional Golfers Association of Portugal to be its official apparel providerl. Ashworth Europe will develop a PGA of Portugal branded clothing line that will be available to all PGA members. The initial contract is for one year and Ashworth has the right to extend ...
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News briefs
ASICS has a global licensing deal with Endura, the private...
ASICS has a global licensing deal with Endura, the private label subsidiary of Swatch Group, to develop a collection of watches under the brand. Due to be introduced at the Baselworld Watch and Jewelry Show next March, the ASICS timepieces are meant to highlight the brand’s “proven commitment to providing ...
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News briefs
Hummel has become the official supplier of Dundee United, a...
Hummel has become the official supplier of Dundee United, a football club that belongs to the Scottish Premier League, and it has a plan to develop a new range of leisurewear for the club in addition to the official teamwear and its replicas. The Danish company already sponsors Hearts FC, ...
