All News briefs articles – Page 1122
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News briefs
Messe München has decided to organize a full-fledged summer sporting...
Messe München has decided to organize a full-fledged summer sporting goods show in Shanghai instead of the originally planned “Outdoor Sports Order Show” in Hangzhou, in an apparent attempt to present a real marketing-oriented alternative to the rival proposal of an outdoor order show in Nanjing. The new summer session ...
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News briefs
The next ISPO China, taking place on March 13-16, will...
The next ISPO China, taking place on March 13-16, will feature a “shoe test area,” with a test track, an exhibition about the history of footwear development, presentations, panel discussions and slide shows. The ISPO China show is offering tickets at half-price for visitors who register now online. Further information ...
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News briefs
In its 2nd quarter ended Dec. 3, 2005, Icon Health...
In its 2nd quarter ended Dec. 3, 2005, Icon Health & Fitness posted a net loss of $5,885,000, as compared to a loss of $18,051,000 in the year-ago period. Sales dropped by 6.4 percent to $265.4 million. For the 1st half of its financial year, Icon reported a net loss ...
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News briefs
Nautilus now expects sales for the 4th quarter to have...
Nautilus now expects sales for the 4th quarter to have reached $179-183 million, down from the level of $210 million it had predicted last November. The company says its manufacturing capacity has not been on pace with its product innovation, resulting in the delay of new product releases. Even so, ...
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News briefs
Pascal Martin is appointed as president of Adidas Japan, replacing...
Pascal Martin is appointed as president of Adidas Japan, replacing Rob Langstaff who has become president of Adidas America. Martin is a 45-year-old Frenchman who was lately general manager of organization development at Nissan Motor Co.. He worked previously at McKinsey & Co. and for Booz Allen Hamilton. Martin will ...
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News briefs
Adidas America has signed a contract with Baden Sports to...
Adidas America has signed a contract with Baden Sports to be the exclusive manufacturer of a line of Adidas branded inflatable products for the U.S. market. Adidas will design the products and the 27-year-old U.S. ball specialist will develop and manufacture them. Initial products co-developed by the two companies will ...
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News briefs
Robert Louis-Dreyfus, who bought and salvaged Adidas in the ‘nineties,...
Robert Louis-Dreyfus, who bought and salvaged Adidas in the ‘nineties, is due to take the reins of the big private empire of his family in March. Among other investments, he will keep a foot in the sports business through his ownership of the Olympique de Marseille football club, and in ...
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News briefs
The drawn-out legal case around the sale of Adidas to...
The drawn-out legal case around the sale of Adidas to Robert Louis-Dreyfus has reopened in Paris, as the French government decided that it should be referred to the country’s Supreme Court. Last September the Paris Appeals Court awarded unprecedented damages of €135 million to Bernard Tapie, the controversial former owner ...
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News briefs
Adidas signed up the first pro endorser for its Stella...
Adidas signed up the first pro endorser for its Stella McCartney label. It’s Maria Kirilenko, a Russian tennis player who is ranked 25th on the WTA Tour. She can already be seen wearing the line of tennis gear at the Australian Open, includingthe Bashasha, a light-weight shoe that symbolizes the ...
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News briefs
Select has signed an agreement with the International Handball Federation...
Select has signed an agreement with the International Handball Federation to become the official ball of the IHF for the next four years, including the World Championships and the 2008 Olympic Games in Beijing. Select will also be the official ball of Asobal, the professional men’s handball league of Spain, ...
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News briefs
Just as we were printing this issue, Nike announced the...
Just as we were printing this issue, Nike announced the departure of William B.Perez after only 13 months in the position of president and chief executive of the company. Perez will be replaced by Mark Parker, who has been running the Nike brand along with Charlie Denson. In contrast with ...
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News briefs
Camelbak, the leading manufacturer of hydration systems based in the...
Camelbak, the leading manufacturer of hydration systems based in the USA, has hired J. Marty O’Donohue to be its chief executive officer. He previously held the position of chief executive for 15 years at Marinco, a producer of specialty electrical components for boats. O’Donohue replaces Glenn Gross, who has retired.
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News briefs
Nike France confirms that it has been formally indicted as...
Nike France confirms that it has been formally indicted as part of an inquiry into allegedly unlawful player transfers at the Paris Saint-Germain football club, which is sponsored by the Swoosh. The company had expected the move since three of its current and former executives had been indicted as part ...
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News briefs
BESPO will no longer exist as a full-fledged exhibition of...
BESPO will no longer exist as a full-fledged exhibition of summer products in Bern for the Swiss sporting goods market. In view of a steady decline in the number of exhibitors, the Swiss distributors’ and retailers’ associations, SPAF and ASMAS, have decided to replace the fair with simpler “order days” ...
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News briefs
Oliver Pabst, a manager and a shareholder at Boards &...
Oliver Pabst, a manager and a shareholder at Boards & More, has left the company for genuine personal reasons, triggering a small-scale management reshuffle at the Austrian action sports company. Pabst is one of the managers who came on board in August 2003, when Boards & More was acquired at ...
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News briefs
Christian Houdard, who ran Helly Hansen in France for ten...
Christian Houdard, who ran Helly Hansen in France for ten years, has bought Soubirac, a French manufacturer of boots that is more than 100 years old. It makes mainly boots for horse-riding, golf and motorcycling, generating annual sales of about €2.5 million. It employs 31 persons, including 23 production workers.
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News briefs
Tefron, an Israeli company that produces seamless intimate clothes, swimwear...
Tefron, an Israeli company that produces seamless intimate clothes, swimwear and apparel for the likes of Nike and Reebok, raised the equivalent of $15 million in a public offering in Tel Aviv last week. The offering had been postponed the previous week due to uncertainties caused by the health of ...
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News briefs
Mammut, the Swiss outdoor company, has reorganized its management to...
Mammut, the Swiss outdoor company, has reorganized its management to form a tighter executive board with just four managers reporting straight to Rolf Schmid, the chief executive. As part of the changes, Martin Grossenbacher was appointed in December as chief sales officer, a new position. Although he spent the last ...
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News briefs
La Sportiva has taken over control of its distributor in...
La Sportiva has taken over control of its distributor in the USA. The new U.S. subsidiary will continue to be run by Colin Lantz, with a streamlined staff. With this merger, the Italian outdoor footwear company, which has started to focus on mountain trail running and light hiking, seeks to ...
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News briefs
Seven, a large Italian supplier of daypacks, has reportedly won...
Seven, a large Italian supplier of daypacks, has reportedly won the auction organized by Bain & Co. for the acquisition of Invicta, the brand of daypacks, ski gloves and sports clothing that Diadora had acquired many years ago. The deal should be finalized shortly. According to Italian press reports, Invicta ...
