All News briefs articles – Page 1121
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News briefs
Volcom, which is taking back ownership of its European operations,...
Volcom, which is taking back ownership of its European operations, is setting up a new 3,000-square-meter headquarters at Anglet, on the Basque coast of France, joining Quiksilver, Billabong, O’Neill, Rip Curl and other players in the surf industry. It should become operational in 2007 with an initial staff of about ...
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News briefs
Puma has taken over the distribution in Canada, retroactively to...
Puma has taken over the distribution in Canada, retroactively to Jan. 1, by acquiring all the assets of ATA Inc. of Montreal, a 32-year-old company which has been its Canadian licensee since July 2000. Separately, Puma has confirmed the nomination of Miguel Andrade as general manager for the European Economic ...
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News briefs
Foot Locker Europe recorded a sales decline in the mid-single...
Foot Locker Europe recorded a sales decline in the mid-single digits on a same-store basis during the 4th quarter ended Jan. 28. Same-store sales were up by 3.9 percent for the Foot Locker group worldwide. In absolute terms, Foot Locker’s total revenues increased by 1.8 percent to $1.56 billion during ...
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Intersport International denies a rumor that its Russian licensee, Delta...
Intersport International denies a rumor that its Russian licensee, Delta Sport, wants to drop the Intersport license. In fact, Delta, which was previously Nike’s distributor in Russia, may soon be involved in other projects with Intersport. Delta is reportedly negotiating to get the license for a chain of Starbucks coffee ...
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A fire has destroyed part of the inventories, the designs...
A fire has destroyed part of the inventories, the designs and the prototypes of Cavden Group, a property of Mike Ashley that licenses the Bukta, Lonsdale and No Fear brands. The fire burnt up the company’s head office and warehouse in Prestwich, near Manchester, but there were no casualties. The ...
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News briefs
Groupe Go Sport of France has a new general manager,...
Groupe Go Sport of France has a new general manager, Jean-Louis Raynard, completing a management reshuffle led by the group’s chairman, Jean-Paul Giraud. His responsibilities are expected to be broader than those previously held by Philippe Wargnier, the former managing director who left the French retailer last Fall. Raynard, who ...
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Lafuma reports a 27.0 percent increase in revenues to €46.6...
Lafuma reports a 27.0 percent increase in revenues to €46.6 million for the first quarter ended Dec. 31, but stresses that they would have increased by only 2.7 percent on a comparable basis, without including the recently acquired Oxbow business. Oxbow itself recorded a jump to €9 million in the ...
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Ron Hill recently completed his 15,000th run, which means that...
Ron Hill recently completed his 15,000th run, which means that the 66-year-old has covered 146,834 miles and hasn’t missed a day of running in 41 years. Hill has raced in 90 countries, and he has a personal goal of racing in 100 races before he is 70 years-old. In 2006, ...
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Medinvest, which acquired Belfe in 2003, has appointed a new...
Medinvest, which acquired Belfe in 2003, has appointed a new general manager for the company, Marco Zonchello, replacing Alfredo Passariello. Zonchello, 45, comes from Sara Lee Corp., where he worked at Playtex and then ran Liabel. Medinvest says it wants develop the Belfe and Post Card brands by focusing on ...
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News briefs
Nike and Adidas have joined forces to sue a couple...
Nike and Adidas have joined forces to sue a couple of retailers in the southeastern part of the USA. The lawsuit charges Fred’s, Inc., based in Tennessee and R. Cline Co. Inc., based in North Carolina, with selling caps with counterfeit Nike and/or Adidas trademarks on them, in addition to ...
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News briefs
Timberland filed a lawsuit against Sportszone, its former distributor for...
Timberland filed a lawsuit against Sportszone, its former distributor for several Latin American countries. Timberland’s legal action charges that Sportszone has performed actions or threats of actions that don’t coincide with the contractual agreement the two companies had on how to deal with matters. When Timberland terminated the 8-year old ...
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News briefs
Erima, the German team sports apparel specialist, enjoyed a sales...
Erima, the German team sports apparel specialist, enjoyed a sales increase of 8 percent last year to reach sales of more than €43 million. Previously controlled by Adidas, the company’s growth accelerated since it was fully taken over by its general manager, Wolfram Mannherz, last year. Erima says sales have ...
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News briefs
Intersport International has selected ASICS as its “Focus Brand” for...
Intersport International has selected ASICS as its “Focus Brand” for performance running during the Spring/Summer 2007 season. As previously indicated, Europe’s leading retail organization has decided to pick out specific brands on certain seasons as exclusive marketing partners because of their excellence in specific categories. During the next season, Intersport ...
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News briefs
The Sports Authority is going private in a transaction that...
The Sports Authority is going private in a transaction that values the American sporting goods retailing group at $1.3 billion including debt. There is speculation that the move reflects the company’s intention to stay competitive with Dick’s, another large U.S. retailer, by using its funds to open more stores. TSA ...
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Stephan A. Laak recently became the new chief executive of...
Stephan A. Laak recently became the new chief executive of SIGG, the Swiss drinks bottle company (4 million units a year), which has not yet made a public announcement about the management change. He previously worked for DESCO, a Swiss business association, running its Japanese offshoot. He has also been ...
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News briefs
Converse will join an economic initiative started by Bono, the...
Converse will join an economic initiative started by Bono, the lead singer of U2, and Bobby Shriver with the launch of a new line of Chuck Taylor shoes. Named Converse RED, the collection, made of mudcloth, will be available in March in neon orange, yellow or pink. It has been ...
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Extreme Group is implementing a brand licensing division this year...
Extreme Group is implementing a brand licensing division this year that will cover everything from apparel to electronics, and even beverages. This new division is being run by Nicola Gilson, who will report to Al Gosling, Extreme Group’s chief executive. At the same time, the group will introduce an “Ex ...
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Pro Sport and the other components of Hoogenbosch, the shoe...
Pro Sport and the other components of Hoogenbosch, the shoe and sports retailing subsidiary of Holland’s Macintosh Group, had higher sales in 2005 than in the previous year, in spite of the divestiture of six stores. A robust pick-up in the second half of the year enabled Macintosh, the Dutch ...
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Johnson Outdoors continues to suffer from a drop in military...
Johnson Outdoors continues to suffer from a drop in military sales, as illustrated by a 52 percent plunge to $1.65 million in the outdoor equipment division’s profits in its 1st quarter ended Dec. 30. The division’s sales decreased by 23 percent to $14.5 million. Watercraft sales were up by 2 ...
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News briefs
Fischer, which is the world’s largest supplier of cross-country skis,...
Fischer, which is the world’s largest supplier of cross-country skis, has decided to adopt the New Nordic Norm (NNN) of Rottefella, starting with the Fall/Winter 2007/08 season, replacing its long-standing support for Salomon’s SNC system. The new partnership will include Fischer’s active involvement in the development of new boot/binding systems.
