All News briefs articles – Page 488
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News briefs
Columbia Sportswear's board of directors has authorized the company to...
Columbia Sportswear's board of directors has authorized the company to spend an additional $200 million on the repurchase of its own shares. Since 2014, Columbia has purchased back 3.4 million shares at an average price of $56 per share, equivalent to $190.4 million. Since the beginning of this year, it ...
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News briefs
Dainese has received a Red Dot Design Award for the...
Dainese has received a Red Dot Design Award for the AWA M1 jacket from its winter collection and its Sportmodular helmet. The jury gave a “Best of the Best” mark to the jacket, noting that it is “impressive for its qualities, ideal for extreme outdoor activities.”
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News briefs
Puma has signed up its first marquee-level basketball player, Terry...
Puma has signed up its first marquee-level basketball player, Terry Rozier of the Boston Celtics, as it gears up to launch its new range of basketball footwear in September, followed by a global rollout in 2019. Rozier announced on Twitter that he was leaving Nike for Puma, where he will ...
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News briefs
Willi Jungen, who has been the Swiss country manager of...
Willi Jungen, who has been the Swiss country manager of Jack Wolfskin for 11 years, will become the chief executive of Snowlife, the Swiss producer of winter gloves, starting in September. He will take the place of Daniela Wenk, owner of the Swiss company, which is also the local distributor ...
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News briefs
Nike is moving its German office from Frankfurt to Berlin,...
Nike is moving its German office from Frankfurt to Berlin, according to Handelsblatt. Located in the so-called Bikini building on Breitscheidplatz, it would combine existing operations in the German capital including a showroom in Schöneberg. Berlin is one of the 12 key cities in the world where it wants to ...
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News briefs
Clarus Corporation, the parent company of Black Diamond, improved its...
Clarus Corporation, the parent company of Black Diamond, improved its guidance, predicting a sales increase of between 20 and 23 percent this year and an adjusted Ebitda margin of about 8.5 percent, while reporting on a very strong second quarter. Sales went up by 50 percent to $45.9 million during ...
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News briefs
Blue Tomato is opening a store in the Swiss city...
Blue Tomato is opening a store in the Swiss city of Lausanne, its first one outside the German-speaking world. The new 350-square-meter store is scheduled for inauguration on Aug. 9. Based in Austria and owned by Zumiez, Blue Tomato specializes in the sale online and offline of products for snowboarding, ...
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News briefs
Zalando is bringing out an exclusive line of garments and...
Zalando is bringing out an exclusive line of garments and shoes for women in collaboration with Under Armour, covering training, yoga and other sports including running and boxing, with prices ranging from €44.95 for shirts to €129.95 for leggings. The partners are being aided on the marketing side by three ...
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News briefs
Yue Yuen warns that it expects to report first-half declines...
Yue Yuen warns that it expects to report first-half declines of 5.5 percent in revenues and about 40 to 45 percent in profits for its manufacturing operations. The lower revenues are attributed to fluctuating order patterns and an unfavorable product mix. The drop in profits for the period ended June ...
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News briefs
As a first step in its divestiture plan, last month...
As a first step in its divestiture plan, last month Vista Outdoor sold its Bollé, Cébé and Serengeti brands of sunglasses to Antelope Brands Bidco, an entity affiliated with an American private equity fund, A&M Capital Partners, which recently opened a branch in London. The transaction was closed for $158 ...
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News briefs
The European Platform for Sports Innovation (EPSI) plans to hold...
The European Platform for Sports Innovation (EPSI) plans to hold its annual conference in Ghent, Belgium, on Oct. 25 and 26, with the support of Pinnacle and Ghent University Victoris. In June, the organization has reached its goal of doubling the number of members in one year. Continuing to provide ...
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News briefs
Heinz Kettler, the leading German manufacturer of home fitness equipment...
Heinz Kettler, the leading German manufacturer of home fitness equipment and other products, filed for self-managed insolvency in mid-July after the company's foundation declined to endorse a sale of the company to an investment firm, Altera Capital. According to German press reports, the foundation disagrees with certain clauses in the ...
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News briefs
Micam, the world's leading footwear exhibition held in Milan twice...
Micam, the world's leading footwear exhibition held in Milan twice a year, has decided to stage for the first time a consumer event for sneaker fans, targeting millennials, in 2019. Inspired by sneaker conventions like the Complexcon festival in Los Angeles or Atlanta's KixFair, Micam's “Plug-Mi, The Sneakers Culture Experience” ...
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News briefs
A group of ten investors has set up a new...
A group of ten investors has set up a new market research consultancy in the U.K., the SMS Sports Consulting Group chaired by Stephen Proctor, founder and president of SMS Marketing Surveys. The investors, who include SMS and other consultants with expertise in golf, tennis, rugby and football, sports tourism, ...
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News briefs
Schöffel has opened an office in Hanoi, Vietnam, in order...
Schöffel has opened an office in Hanoi, Vietnam, in order to strengthen its relations with production partners in Southeast Asia. Until now, Schöffel's employees were traveling to see them in Vietnam and other countries for a constant exchange of information. The majority of Schöffel's products are made in Vietnam. Through ...
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News briefs
Mitre will take the place of Nike as the supplier...
Mitre will take the place of Nike as the supplier of the official ball for the English Football Association for the next three years, starting with the 2018/19. The team sports brand owned by thePentland Group had already started in 2014 a four-year deal with the English Football League, supplying ...
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News briefs
Netflix has taken an option on the movie rights for...
Netflix has taken an option on the movie rights for Phil Knight's autobiography, Shoe Dog. Nike's founder will work with Frank Marshall, a producer nominated for the Academy Awards, to put out the film. The script is being developed, but no timetable has been given for the release of the ...
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News briefs
About 20,000 children and teenagers were able to benefit from...
About 20,000 children and teenagers were able to benefit from the Swiss Go Snow association's services in the past winter season. It facilitated 22,000 overnight stays in 133 lodgings. Go Snow is a Swiss non-profit organization that offers schools and teachers information, training materials as well as organized ski trips ...
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News briefs
Groupe Lafuma has raised its sales by 2.1 percent to...
Groupe Lafuma has raised its sales by 2.1 percent to €83.1 million for the first half of this year, amounting to a rise of 3.5 percent in constant currencies. With the Lafuma, Millet and Eider brands, the mountain sports division reported a sales hike of 4.3 percent to €38.7 million ...
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News briefs
The July 5-7 edition of Ispo Shanghai attracted over 14,500...
The July 5-7 edition of Ispo Shanghai attracted over 14,500 visitors, four percent more than one year ago. The organizers estimate that nearly half of the visitors to the show tend to come from the retail and distribution segment, and that more than 80 percent of them are decision-makers. A ...
