All News briefs articles – Page 485
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News briefs
Barcelona has reportedly been picked as the first European destination...
Barcelona has reportedly been picked as the first European destination for the Nike Live retail concept. Already inaugurated in Los Angeles, Nike Live is a concept that combines digital features with a unique physical environment. Europa Press reports that the Barcelona store will be located in a dedicated sports store ...
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News briefs
Netshoes, the loss-making e-tailer of sporting goods based in Brazil...
Netshoes, the loss-making e-tailer of sporting goods based in Brazil (see our previous issue), has asked Goldman Sachs to help it find a new investor as its net cash position has fallen to €19 million and its current main owners, Tiger Management Corp. of the U.S. and Singapore's GIC Fund, ...
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News briefs
Cherokee Brands, the owner of the Hi-Tec Sports brand, has...
Cherokee Brands, the owner of the Hi-Tec Sports brand, has signed a new three-year financing agreement for $40 million with Gordon Brother Finance. Giving the company a much-needed cash infusion of $5.5 million, Cherokee has also increased the subordinated interest in its former credit facility by $2.0 million to $13.5 ...
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News briefs
Reusch, a brand that is known for its highly technical...
Reusch, a brand that is known for its highly technical ski gloves and goalkeeper gloves, has partnered with four online suppliers of goalkeeper equipment - Keepersport, Pro Direct Soccer, Just Keepers and 11teamsports - to raise funds for breast cancer research. Their “Project Pink” will support the initiatives of the Impact ...
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News briefs
Odlo, the Swiss outdoor brand, has launched a new marketing...
Odlo, the Swiss outdoor brand, has launched a new marketing campaign. While Odlo worked in the past mainly with top athletes when launching new campaigns, the company has now decided to work with a TV star, Daniel Aminati. He is known for his fitness program, which attracts a lot of ...
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News briefs
Prada has revived its Linea Rossa collection of sports clothing...
Prada has revived its Linea Rossa collection of sports clothing and footwear, first launched in 1997, putting its thin red line on more competitively priced and more contemporary garments with high-tech features for a younger clientele. Some of the items are meant for skiing and or snowboarding. The collection is ...
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News briefs
Puma has collaborated with Polaroid for the relaunch of its...
Puma has collaborated with Polaroid for the relaunch of its RS-100 sneaker and the launch of a new sneaker model, the RS-0. The RS-0 sneaker has an upper constructed of white leather, reflective laces and Polaroid's iconic color spectrum on the tongue as well as a contrasting black midsole to ...
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News briefs
Le Coq Sportif has put out a special collection of...
Le Coq Sportif has put out a special collection of tennis wear to celebrate the 50th anniversary of Arthur Ashe's victory in the U.S. Tennis Open in New York. The line includes a shirt with a photo of the late American champion, called Charity, whose sales proceeds will go to ...
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News briefs
Taking its cues from Moncler, Colmar has launched a systematic...
Taking its cues from Moncler, Colmar has launched a systematic program of collaborations with special designers, called Advanced Garment Exploration (AGE), to develop original items for its sports and lifestyle apparel collections. It will start this month with a few colorful pieces of outerwear with spectacular silhouettes designed by Shayne ...
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News briefs
Forum Sport is considering the launch of a more “experiential”...
Forum Sport is considering the launch of a more “experiential” store format, with a strong focus on omni-channel retailing, according to Diffusion Sport. The new format will be tested on a store of 3,000 square meters in Vitoria, which is being remodeled. It will start to operate again at the ...
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News briefs
Puma has teamed up with Karl Lagerfeld to create an...
Puma has teamed up with Karl Lagerfeld to create an exclusive capsule collection featuring items for both men and women. The focus of the collection is Puma's Suede 50 sneaker, which celebrates its 50th anniversary this year. The collaboration on the shoe has resulted in two different unisex styles inspired ...
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News briefs
Crossfit has settled a lawsuit with its primary sponsor, Reebok,...
Crossfit has settled a lawsuit with its primary sponsor, Reebok, over disputed royalty payments. The terms have been kept confidential, but they did include a unspecified payment for back royalties. The two parties entered a licensing and sponsorship agreement in 2010 that made Crossfit the title sponsor of the Crossfit ...
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News briefs
Go Sport has started to offer a new customer service...
Go Sport has started to offer a new customer service on the internet. It has become possible for customers to book appointments with a personal shopper to advise them about their purchases or to get their bicycles repaired or to string their racquets. The French sporting goods retail chain is ...
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News briefs
Sport Master, the Danish sports retail group, is searching for...
Sport Master, the Danish sports retail group, is searching for a new managing director. Jens Høgsted, who held the job for about five years, has left the company. Formerly a buying group, Sport Master was acquired in 2012 by Nordic Capital, and it has about 100 stores around the country. ...
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News briefs
Decathlon made a successful test of a new logistic system...
Decathlon made a successful test of a new logistic system using a river boat in July, complementing its tests on a railroad link with its production sites in China, which began last November. A train carried 36 Decathlon containers from the Chinese province of Wuhan to Duisburg in Germany, where ...
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News briefs
The Swiss sporting goods market suffered an estimated decline of...
The Swiss sporting goods market suffered an estimated decline of 2 percent at retail during the first six months of 2018, according to joint research conducted by GfK and Asmas, the Swiss sporting goods retailers' association, with online sales growing at a double-digit rate. Poor weather conditions at the beginning ...
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News briefs
Vans is partnering with Wrangler for a pair of denim...
Vans is partnering with Wrangler for a pair of denim jeans, a jacket, a skirt and a backpack, which is now available on Wrangler's e-commerce site. Both brands belong to VF Corporation, which recently announced its decision to create a separate structure for its denim brands.
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News briefs
Peter Kuhl, former joint managing director of Uhlsport, left the...
Peter Kuhl, former joint managing director of Uhlsport, left the company at his own request at the end of July to take up new challenges. Since 2008, Kuhl worked for the German team sports company in various departments, among others in finance, purchasing, logistics, IT and quality assurance. He was ...
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News briefs
Due to a shift in sales toward the second half...
Due to a shift in sales toward the second half of the year, the turnover of Le Coq Sportif declined to €56.8 million for the first six months of this year, down from €57.6 million in the prior-year period, but the French brand substantially raised its profit margins. A sharper ...
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News briefs
The Eklöf family is strengthening its grip on Stadium, one...
The Eklöf family is strengthening its grip on Stadium, one of the leading Swedish sports retailers, by buying back the 26.8 percent stake that has been held since April 2005 by Ikano. This is a group of companies owned by the family of the late founder of Ikea, Ingvar Kamprad. ...
