All News briefs articles – Page 477
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News briefs
The Thule Group reported a 12.7 percent sales increase for...
The Thule Group reported a 12.7 percent sales increase for the third quarter to 1.56 billion Swedish kronor (€150.6m-$170.4m). The growth in local currencies amounted to only 3.8 percent, with a drop of 4.4 percent in the Americas compensated for by a 7.8 percent increase in Europe and the rest ...
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News briefs
In December Sneakersnstuff is opening a 3,450-square-foot store in Los...
In December Sneakersnstuff is opening a 3,450-square-foot store in Los Angeles, in close proximity to Venice Beach. The store will be designed by Jenny Askenfors of Bofink Design Studio, Sneakersnstuff's official design partner. According to reports by Footwear News, the company's co-founder, Erik Fagerlind, has said the next cities in ...
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News briefs
Alpen reported a 58 percent dip in comprehensive net income...
Alpen reported a 58 percent dip in comprehensive net income to 1,620 million yen (€12.7m-$14.4m) on 3 percent higher revenues of ¥227.6 billion (€1.8bn-$2.0bn) for the financial year ended on June 30. On an adjusted basis, the Japanese retailer's net income declined by 28 percent to ¥1,979 million (€15.5m-$17.5m). The ...
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News briefs
Sensil, the Nylon 6.6 brand created by Nilit, is sponsoring...
Sensil, the Nylon 6.6 brand created by Nilit, is sponsoring Donna Moderna Negev Adventure, a running event organized by the Italian lifestyle magazine Donna Moderna in Israel's Negev desert, designed to inspire women to get moving. The 80-kilometer, four-day race will take place at the end of October. The five ...
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News briefs
Brian Small, who is now 62 years old, is retiring...
Brian Small, who is now 62 years old, is retiring as chief financial officer of JD Sports Fashion on Oct. 31 after 15 years with the company, which has made many important acquisitions lately, including those of Go Outdoors in the U.K. and The Finish Line in the U.S. Under ...
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News briefs
Himaraya has reported a 66 percent increase in comprehensive net...
Himaraya has reported a 66 percent increase in comprehensive net income to 837 million yen (€6.57m-$7.47m) for the financial year ended on Aug. 31. Net earnings spiked as well, up 70 percent to ¥728 million (€5.71m-$6.50m). The Japanese sporting goods retailer's revenues were nevertheless down by 7 percent to ¥67.97 ...
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News briefs
CORRECTION: The Korean sporting goods market is about ten times...
CORRECTION: The Korean sporting goods market is about ten times bigger than indicated in our last issue, based on an article in Le Figaro about Decathlon's entry into the country. According to NPD, it was worth around €15 billion in 2017.
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News briefs
Accell Group, the parent company of bicycle brands including Raleigh,...
Accell Group, the parent company of bicycle brands including Raleigh, Sparta, Atala, Haibike and others, has announced the appointment of Ruben Baldew as the new chief financial officer and a member of the board of directors, effective Nov. 1. Baldew, who currently serves as financial director at Unilever Thailand, will ...
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News briefs
Ogio, the golf bag and accessories brand owned by Callaway,...
Ogio, the golf bag and accessories brand owned by Callaway, is redesigning its logo, website, and brand messaging while also expanding its product line. In addition, there are plans to launch the brand in Japan in 2019. Ogio posted sales of over $45 million last year. According to Callaway, Ogio's ...
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News briefs
Vans has achieved nearly half the “mindshare” value of Nike...
Vans has achieved nearly half the “mindshare” value of Nike in the U.S. for the current season, according to Piper Jaffray's latest Taking Stock With Teens survey. Besides Vans, Adidas, Lululemon and Crocs showed progress. Surprisingly, Crocs tripled its mindshare as compared to the spring of 2017, reaching the 12th ...
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News briefs
Altra, the American brand of running shoes recently acquired by...
Altra, the American brand of running shoes recently acquired by VF Corp., has signed a sponsorship deal with a 40-year-old distance runner, Kara Goucher, who was formerly sponsored by Skechers. Goucher competed for the U.S. in the Beijing and London Olympics in 2008 and 2012. She was the silver medalist ...
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News briefs
Adidas has opened a new event center and staff restaurant...
Adidas has opened a new event center and staff restaurant at its headquarters in Herzogenaurach. The new building, encompassing 14,000 square meters, is called Halftime. By April 2019, Adidas will also open a new building with workplaces for 2,000 employees, a new car park, meeting spaces and areas for sports ...
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News briefs
Adidas has appointed a new general counsel, Jan Heinemann, who...
Adidas has appointed a new general counsel, Jan Heinemann, who will report to Kasper Rorsted, the company's chief executive. The previous general counsel, Frank Dassler, left the company earlier this year, and Paul Ehrlich had stepped in on an interim basis. Ehrlich will resume his post as general counsel for ...
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News briefs
Adidas has announced a voluntary recall of kids' swimwear products...
Adidas has announced a voluntary recall of kids' swimwear products of the Infinitex 3-Stripe range. The recalled swimwear products were sold as part of the 2017 and 2018 collections in both youth and adult sizes through adidas.com, Adidas retail stores and at authorized Adidas dealers globally. The Adidas 3-stripes trademark ...
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News briefs
Reports indicate that Adidas is going to again become the...
Reports indicate that Adidas is going to again become the sponsor of the Arsenal football club in the U.K. for the next five years, taking the place of Puma at the end of the current five-year contract. Adidas had been Arsenal's sponsors until 1993. As for Puma, the brand is ...
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News briefs
Aiming for a major expansion in the U.K., Decathlon has...
Aiming for a major expansion in the U.K., Decathlon has embarked on its second automation project with Omnia Retail, a Dutch-based company whose software provides dynamic pricing and helps execute online marketing. Dating back to 2016, the initial project developed with Omnia had reportedly increased conversion rates by 80 percent ...
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News briefs
Albert Habsburg was recently appointed to the position of commercial...
Albert Habsburg was recently appointed to the position of commercial director at Schöffel, responsible for controlling, finances, legal issues and all financial matters linked to the company's operative business. For the past 17 years, Habsburg had been working for Kunert, the sock specialist based in Germany. Schöffel has restructured its ...
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News briefs
Austria is the first country to cover all its regions...
Austria is the first country to cover all its regions with the Recco SAR helicopter detector for the search and rescue of missing people in the outdoors. The detectors are now available at four bases of the Austrian Air Traffic Police. Every year, between 500 and 600 people are reported ...
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News briefs
A U.S. federal court jury found all three defendants in...
A U.S. federal court jury found all three defendants in a college corruption scandal guilty of conspiring to pay promising basketball players and their families to have them attend colleges sponsored by Adidas. They are scheduled to be formally sentenced next March 5 in the case, which has been amply ...
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News briefs
Altra has also released an ultrarunning documentary on its Altra...
Altra has also released an ultrarunning documentary on its Altra Running YouTube channel. The 22-minute video, called “Balance,” profiles Nicole Kalogeropoulos Bitter, Kyle Pietari and Cory Reese as they train for and compete in the grueling Western States 100-Mile Endurance Run. While striving to cross the same finish line, the ...
