All News briefs articles – Page 1119
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News briefs
The Athlete’s Foot has opened a franchise in Bangalore in...
The Athlete’s Foot has opened a franchise in Bangalore in India.
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News briefs
Paul Mochrie takes charge of coordinating the design for Belfe...
Paul Mochrie takes charge of coordinating the design for Belfe and Post Card, reporting directly to Belfe’s new chief executive, Marco Zonchello, and replacing Rosanna Buccaro who has left the company.
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News briefs
Edwin Zeelenberg, former manager at Oxbow Benelux, who was meant...
Edwin Zeelenberg, former manager at Oxbow Benelux, who was meant to head up the joint structure of Oxbow and Lafuma in the Netherlands and Belgium, has left the company and the Lafuma group’s operations in the Benelux are to be supervised from France by Eric Cailleaux, sales manager.
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News briefs
Billabong has opened the first shop corner in Germany, inside...
Billabong has opened the first shop corner in Germany, inside the Titus Store in Munich.
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News briefs
Fruit of the Loom will cease production at its Irish...
Fruit of the Loom will cease production at its Irish production plant in Buncrana in County Donegal by May 26. A total of 170 employees will be let go, 70 of whom will leave at the end of March. Another 90 workers will be kept on board until December to ...
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News briefs
Joy Sportswear of Germany has changed ownership and has hired...
Joy Sportswear of Germany has changed ownership and has hired its first export manager. Claus Dieter Grapentin, who founded the company 30 years ago, has sold it to a German investment fund, Raiffeisen, apparently to secure the jobs of its 50-odd employees in case he retires. The 57-year-old entrepreneur will ...
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News briefs
Coleman, which represents the outdoor solutions segment of Jarden Corporation,...
Coleman, which represents the outdoor solutions segment of Jarden Corporation, had an operating margin of 5.1 percent on revenues of $820.7 million for the 12 months ended Dec. 31. In the 4th quarter, which is seasonally slow, Coleman had an operating loss of $17.7 million, including a $900,000 inventory write-off, ...
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News briefs
Wal-Mart names Coleman the sporting goods Supplier of the Year....
Wal-Mart names Coleman the sporting goods Supplier of the Year.
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News briefs
Shareholders of the Mc Gregor Fashion Group, the Dutch company...
Shareholders of the Mc Gregor Fashion Group, the Dutch company that owns Gaastra, a sailing-oriented brand, have accepted the bid placed by its two leading executives and a financial backer last month to take over the company, which will lead to its delisting from the Euronext stock exchange.
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News briefs
Fischer is introducing freestyle cross-country skiing in Europe with the...
Fischer is introducing freestyle cross-country skiing in Europe with the release of its Jibskate. It will originally be available in 5 countries: Switzerland, Austria, Germany, Sweden and France, using Fischer’s established distribution in the countries. The Jibskate is different from a regular cross-country ski in that it is curled up ...
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News briefs
Mizuno’s sales for the first nine months of its current...
Mizuno’s sales for the first nine months of its current financial year, which ended on Dec. 31, were up by 5 percent to ¥111.64 billion (€811.3m-$962.2m). Net profit nearly quadrupled to ¥6.79 billion (€49.3m-$58.5m) for the Japanese company, which is celebrating its 100th anniversary.
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News briefs
Darryl Thomas, who took over recently the responsibilities for Nautilus’...
Darryl Thomas, who took over recently the responsibilities for Nautilus’ business outside of the USA, has been promoted as president of the company’s international division, and he will move from the company’s U.S. headquarters to London. Tim Hawkins has been appointed as the new president of Nautilus’ fitness equipment sector ...
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News briefs
Johnson Health Tech has promoted its managing director in Germany,...
Johnson Health Tech has promoted its managing director in Germany, Mathias Kiehn, as vice president of commercial sales for Europe, the Middle East and Africa. In the USA, its Horizon Fitness subsidiary has made several appointments at its U.S. headquarters in DeForest, Wisconsin. Among others, Chris Wells, who comes from ...
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News briefs
Perry Ellis has renewed a swimwear license with Nike for...
Perry Ellis has renewed a swimwear license with Nike for four years and completed the $12 million acquisition of Gotcha, which generated sales of about $70 million last year including those made in Europe by Quiksilver.
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News briefs
Speedo had essentially flat sales in the USA last year,...
Speedo had essentially flat sales in the USA last year, but the American licensee, Warnaco, said the brand’s sales jumped by 6.3 percent in the 4th quarter, generating a vastly improved operating margin of 23.7 percent. Investments in Ocean Pacific and in two new swimwear licenses, Calvin Klein and Michael ...
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News briefs
Sun Valley has opened its first store at Pra Loup,...
Sun Valley has opened its first store at Pra Loup, a French alpine ski resort near its headquarters.
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News briefs
Shimano reports a net profit of 16.37 billion yen (€123m-$148m)...
Shimano reports a net profit of 16.37 billion yen (€123m-$148m) for 2005, down from 19.41 billion yen in the previous year. Total revenues declined to 167.9 billion yen (€1,198m-$1,424m) from 169.2 billion yen, mainly due to a drop in the bicycle sector to 125 billion yen (€892m-$1,060m) from 129 billion ...
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News briefs
Burton’s revenues are growing at an annual rate of 20-25...
Burton’s revenues are growing at an annual rate of 20-25 percent right now, company insiders indicate. The leading snowboard company is expanding its range of apparel, hats and other softgoods, adding many new lifestyle items, with the goal of raising this category from 40 to 50 percent of its total ...
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News briefs
Nautilus had a rough 4th quarter as sales dropped by...
Nautilus had a rough 4th quarter as sales dropped by 6.9 percent to $181.3 million, and the company’s net income plummeted by more than 80 percent to $2.8 million. Nautilus places the blame on its U.S. manufacturing facilities, which couldn’t keep up with the introduction of six new products for ...
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News briefs
Another French skiwear brand, Degré 7, is looking for agents...
Another French skiwear brand, Degré 7, is looking for agents and distributors in Germany, Austria, Scandinavia and some other foreign markets that are not yet covered, but foreign customers already generate more than 40 percent of its sales, which grew by 15 percent last year. Avance Diffusion, which bought the ...