All News briefs articles – Page 1114
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News briefs
Sportler, the large Italian sporting goods retailer, has opened its...
Sportler, the large Italian sporting goods retailer, has opened its second store in neighboring Austria. After a pause of nearly two years, it will also open a 3,000-square-meter store in Padua next Fall. The 15-store chain based in Bolzano, which belongs to the Oberrauch family like Salewa, had first moved ...
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Puma has signed a memorandum of understanding for the takeover...
Puma has signed a memorandum of understanding for the takeover next July 1 of the distribution in Mexico, acquiring a stake of about 60 percent in its 3-year-old licensee in the country, the Tavistock Group. Puma is also boosting the management of its Austrian subsidiary, which oversees also Eastern Europe, ...
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There will be a new Wearable Technology section at this...
There will be a new Wearable Technology section at this summer’s ISPO. It’s a new concept intended to bring together the sports, fashion and technology industries and encouraging them to produce innovative products. The Wearable Technology section will occupy a 250-square meter booth. Products in the display area will range ...
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iSe-Hospitality, which holds the rights to the 2006 FIFA World...
iSe-Hospitality, which holds the rights to the 2006 FIFA World Cup Hospitality Program, says it has sold more than three-quarters of its allocation for the event. The company offers three hospitality packages – Sky Box, Elite and Prestige - which are available for several stadiums and include preferred seating, refreshments, ...
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In its fiscal year ended March 31, Halfords’ sales grew...
In its fiscal year ended March 31, Halfords’ sales grew by 8.4 percent to £681.2 million (€981.6m-$1,190.6m), according to preliminary figures, with growth of 6.1 percent on a comparable basis, generating a pre-tax profit estimated at about £77 million (€111.0m-$134.6m). The UK retailer, which also supplies automotive accessories, would not ...
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Andy Gugenheimer, a multi-lingual 39-year-old sporting goods industry veteran, and...
Andy Gugenheimer, a multi-lingual 39-year-old sporting goods industry veteran, and Benoît Coville, who has spent 29 years at Accenture, have set up the first dedicated French executive recruitment agency specializing in the sporting goods sector. Call Sport Invest Search, it is partly owned by Sport Invest, a 7-year-old agency that ...
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GIMV, a Belgian investment firm, has announced a 49 percent...
GIMV, a Belgian investment firm, has announced a 49 percent stake in the shares of Strata Partners, operator of the Orange Fitness and City Fitness chains in Russia, marking the first time that an investor outside of the country has taken share in an established Russian fitness company. Strata has ...
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The latest accounts published by Sports World International provide a...
The latest accounts published by Sports World International provide a glimpse into the sprawling business owned by the secretive Mike Ashley. The retail group and its raft of sporting goods brands, from Donnay to Dunlop Slazenger, reached sales of more than £905 million (€1,300m-$1,580m) for the year ended on April ...
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Salomon’s workers council has suspended legal action in the French...
Salomon’s workers council has suspended legal action in the French courts aimed at cancelling a new 3-year reorganization program, wanted by Amer Group, which replaces a hard-fought compromise that it had reached with Adidas-Salomon one year earlier. Salomon will produce more skis than originally planned at its main French factory ...
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CLARIFICATION: Under Armour’s new agreement with the England & Wales...
CLARIFICATION: Under Armour’s new agreement with the England & Wales Cricket Board is only for sports underwear. Admiral remains as the official supplier of apparel to the ECB under contract which lasts until at least 2010. The deal does not permit any of the players to expose any other sports ...
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Pentland Group says it is strengthening the management of Berghaus...
Pentland Group says it is strengthening the management of Berghaus by appointing Richard Cotter to the new role of brand president. He takes over the responsibility from Lewis Grundy, who will become product development director, focusing his knowledge and experience in this area in order to internationalize the product range. ...
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The Body Glove license for snorkelling gear held by Chapman...
The Body Glove license for snorkelling gear held by Chapman Walters Intercoastal Corp. (CWIC) is being expanded to encompass all of Europe, South America and Asia. The U.S. company’s products are already being sold in the UK, Russia, Japan, New Zealand, the Caribbean, the USA and others. The extension of ...
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News briefs
Puma Sports India, the new Indian subsidiary of the Cat,...
Puma Sports India, the new Indian subsidiary of the Cat, will open its first store in the country in Chennai during the 2nd quarter. Other stores are on the drawing board in Delhi, Bangalore and Mumbai, but it’s not sure whether they will all be opened before the end of ...
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News briefs
Jon Plimpton returns to Prince as managing director of Latin...
Jon Plimpton returns to Prince as managing director of Latin America after a 16-year absence. Before the sale of Prince to Benetton SportSystem, Plimpton ran the brand’s operations outside the USA. Prince has also named Mike Ricketts to the position of vice president and managing director of the Asia Pacific ...
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On Apr. 18 Adidas will commence building a 40,000-square-meter mobile...
On Apr. 18 Adidas will commence building a 40,000-square-meter mobile replica stadium in Berlin, to be completed in time for the World Cup starting June 9. The company has obtained the green light to set up this temporary “World of Football” facility right in front of Germany’s parliament, the Reichstag, ...
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Alain Cornuz, a 38-year-old marketing specialist, is being promoted within...
Alain Cornuz, a 38-year-old marketing specialist, is being promoted within the ranks of Fair Play International Sports’ Swiss offshoot to take the top job, replacing Brigitte Marti who is leaving the company after eight years. Garant Sport + Mode will further boost the management of this Swiss operation, which currently ...
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Puma, has signed a global eyewear license for 5 years...
Puma, has signed a global eyewear license for 5 years with Charmant, a large Japanese producer whose brand portfolio includes Elle and Esprit. Luxottica is part of the deal as the exclusive retail and wholesale distributor of the Puma line in the North American market. As the parent company of ...
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CORRECTION: Pentland Group has bought 50 percent of Medium Design...
CORRECTION: Pentland Group has bought 50 percent of Medium Design Group.
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Lotto’s 6-year-old partnership with Andriy Shevchenko, then Ukrainian footballer who...
Lotto’s 6-year-old partnership with Andriy Shevchenko, then Ukrainian footballer who plays in the AC Milan team, is ending before its scheduled expiration after the World Cup. Lotto says the break-up was caused by a difference in communication strategies with the Ukrainian star, who didn’t agree on Lotto’s focus on its ...
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News briefs
According to well-informed sources, Maxim Ignatiev, the long-time licensee of...
According to well-informed sources, Maxim Ignatiev, the long-time licensee of Reebok for Russia and the rest of the CIS, is in advanced negotiations to transfer the business to Adidas ahead of the scheduled expiry of the licensing contract at the end of 2007. Adidas has no comment on the issue ...
