All News briefs articles – Page 502
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News briefs
Johnson Health Tech suffered a net loss of 89.7 million...
Johnson Health Tech suffered a net loss of 89.7 million Taiwan dollars (€2.5m-$3.1m) in 2017 against a net profit of NT$19.5 million. Excluding foreign exchange and other extraordinary items, the company's net income declined by 82 percent to NY$130.6 million (€3.6m-$4.5m), as an expansion of 0.9 percentage points in the gross ...
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News briefs
Inov-8 has announced the launch of a new downhill running...
Inov-8 has announced the launch of a new downhill running race down the Streif, the legendary ski slope on the Hahnenkamm mountain in Kitzbühel, Austria, widely considered as the world's toughest ski slope. The Streif features blind drops, high speed jumps, curves, and steep slopes with a gradient of up to ...
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News briefs
Invista's apparel and advanced textiles (A&AT) division has signed a...
Invista's apparel and advanced textiles (A&AT) division has signed a memorandum of understanding to build a new textile innovation center in Foshan, China. The facility will feature textile processing equipment for knitting and weaving as well as equipment for garment engineering, analytic testing and fabric certification. It will also include ...
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News briefs
ABS Protection has moved from Gräfeling to the Schwabing section...
ABS Protection has moved from Gräfeling to the Schwabing section of Munich, where it will reportedly exploit synergies with other sports brands in the same building. Felix Neureuther, the German ski star, is a shareholder in the German manufacturer of avalanche airbags.
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News briefs
Nike remains the world's most valuable fashion brand, according to...
Nike remains the world's most valuable fashion brand, according to Brand Finance. H&M and Zara come next, followed by Adidas, Hermès and Louis Vuitton. While Nike's estimated brand value is down by 12 percent to $28.0 billion as compared to a year ago Adidas' brand value is up by 41 ...
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News briefs
According to Virke, the Enterprise Federation of Norway, the Norwegian...
According to Virke, the Enterprise Federation of Norway, the Norwegian sporting goods industry has grown by 41 percent in the period of 2008 to 2016, and it can expect to grow by a further 4 percent in 2018 in terms of sales to the trade. At the retail level, sales ...
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News briefs
Nike has announced the acquisition of Invertex, a computer vision firm...
Nike has announced the acquisition of Invertex, a computer vision firm based in Tel Aviv, Israel. Nike said the move is part of the ongoing strengthening of its digital technology platforms. The terms of the deal have not been disclosed. Invertex produces mobile applications that can analyze the body in 3-D. ...
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News briefs
VF Corp. has completed the acquisition of Icebreaker, which had...
VF Corp. has completed the acquisition of Icebreaker, which had sales of about $220 million last year. It plans to combine the brand with Smartwool to create a global distribution footprint in the nature fiber market. The plan for the market positioning of the brand has yet to be worked ...
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News briefs
Shiner, the leading U.K.-based distributor of skateboards and other action...
Shiner, the leading U.K.-based distributor of skateboards and other action sports products, has become the new strategic European licensee for Body Glove, which a goal to sell its apparel collections at 1,000 points of sales throughout the region. Marquee Brands acquired a majority stake in the Californian surf brand at ...
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News briefs
Kjus has announced the addition of Elias Ambuehl to its...
Kjus has announced the addition of Elias Ambuehl to its athlete team. The 25-year-old Swiss is considered one of the best freestyle skiers in the world. At the age of 18, he won his first medal on the occasion of the Winter X Games, the annual event for extreme sports ...
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News briefs
Adidas is boosting its plans for the expansion of Adidas...
Adidas is boosting its plans for the expansion of Adidas North America's campus in Portland, Oregon. It will expand it by 425,000 square feet instead of the originally planned 200,000 sqft. extension. Overlooking the Columbus River, the campus currently hosts 1,700 employees squeezed into 365,000 sqft. of office space. It ...
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News briefs
Adidas Originals has launched a footwear franchise for women, the...
Adidas Originals has launched a footwear franchise for women, the Arkyn, with a technical mesh upper in a sock-like construction, a neoprene heel and unorthodox lacing system, a Boost midsole, a rubber outsole and three-stripe branding. The company says the Arkyn W provides a fresh perspective on streetwear, while drawing ...
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News briefs
After seven weeks of work, Engelhorn Sport has completed the...
After seven weeks of work, Engelhorn Sport has completed the latest refurbishment of its flagship store in Mannheim, transforming the first and second floors. The first floor is completely dedicated to women, including a bra fitting station. The German retailer, which is a member of Intersport, had already expanded the ...
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News briefs
After weak Christmas sales, which were due to high pressure...
After weak Christmas sales, which were due to high pressure during the Black Friday promotion, the sale of sporting goods in Sweden jumped by 7 percent in January. The main reason for was the abundant snow and the cold weather throughout the country, which motivated higher than average purchases of ...
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News briefs
Afydad, the Spanish sporting goods industry association, will try to...
Afydad, the Spanish sporting goods industry association, will try to recruit retailers as members and the leadership of its new president, Andrès de la Dehesa, who is an expert in the digital interaction between brands and retailers through his cloud-based platform, Sportmas. Officials of Nike and Sprinter are already sitting ...
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News briefs
Macron has opened a new shop inside the Marconi Airport...
Macron has opened a new shop inside the Marconi Airport in Bologna, the city where the sportswear brand is based. Macron is also the technical sponsor of Bologna Football Club (FC). The team plays in Italy's Serie A. The new store, which is located inside the Schengen Boarding Area of ...
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News briefs
A professional German snowboarder, Aline Bock, has signed up as...
A professional German snowboarder, Aline Bock, has signed up as an official ambassador for the #itsgreatoutthere campaign steered by the European Outdoor Group to stimulate outdoor participation. She will promote and support the campaign during her activities and public appearances, online and on the social media. Bock has just started ...
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News briefs
Wiggle has announced a global relaunch of its brand, alongside...
Wiggle has announced a global relaunch of its brand, alongside its ongoing refocusing on multi-sports offering. Following research and customer consultation over the past year, the firm has developed the “Get There” campaign, which will emphasize what unites people across sport, the company said. The integrated campaign features a cinematic ...
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News briefs
The Norwegian Alpine Ski Area Association reports an average increase...
The Norwegian Alpine Ski Area Association reports an average increase of 15 percent in the sale of tickets by ski lift operators for the whole snow sports season through Feb. 28. The season started early in November and persisted through the winter. In contrast with previous seasons, all the regions ...
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News briefs
Ibex, an American brand that was generating annual sales of...
Ibex, an American brand that was generating annual sales of about $20 million from its merino wool performance apparel, has found a new owner for its assets, following an auction launched in January. Ibex is now a property of Flour Fund, a New York-based investment fund led by a marketing ...
