All News briefs articles – Page 508
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News briefs
A positive swing in foreign exchange rates and other extraordinary...
A positive swing in foreign exchange rates and other extraordinary items allowed Yonex to double to 1,282 million yen (€9.7m-$12.1m) its comprehensive net income for the first nine months of its financial year, ended on Dec. 31. Sales inched up by 2 percent to ¥46.2 billion (€350.4m-$434.4m) but the gross margin fell ...
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News briefs
The World Federation of the Sporting Goods Industry (WFSGI) has...
The World Federation of the Sporting Goods Industry (WFSGI) has developed the WFSGI Compliance Labelling Requirements (CLR) Database, an online tool providing worldwide information on labeling requirements for the sporting goods industry. The database is to help companies face the everyday challenge of unclear labeling information, and therefore to avoid ...
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News briefs
Nike is launching a new women's sneaker platform and retail...
Nike is launching a new women's sneaker platform and retail concept called Nike Unlaced. The platform will offer female consumers customized styling services and VIP member experiences, such as same-day delivery or the opportunity to organize one-on-one appointments with guest stylists, among others. The new digital destination is part of ...
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W.L. Gore & Associates has opened an 11,000-square-foot R&D center...
W.L. Gore & Associates has opened an 11,000-square-foot R&D center in California's Silicon Valley that will connect it with companies in the aerospace, automotive, digital health, consumer electronics, fabrics, industrial and medical fields. A first project underway consists of funding a local startup, Krenzen, for the development of a digital ...
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News briefs
Amer Sports has cancelled 2,000,000 treasury shares, keeping only 1,486,696...
Amer Sports has cancelled 2,000,000 treasury shares, keeping only 1,486,696 of them. The number of outstanding shares in the company has thus been reduced to 116,517,285.
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News briefs
Le Coq Sportif has announced a collaboration with Renault F1,...
Le Coq Sportif has announced a collaboration with Renault F1, the French Formula 1 team, for the next three years. For this partnership, the sportswear brand has created a collection of about fifty products, including jackets, t-shirts, sweatshirts, caps and polos. Le Coq Sportif will equip Renault F1's drivers, Nico ...
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News briefs
Hanesbrands said its Champion brand grew by 15 percent in...
Hanesbrands said its Champion brand grew by 15 percent in the fourth quarter of 2017, thanks largely to moves intended to consolidate go-to-market strategies on a global basis and the retro trend in sports fashion. The brand's sales rose by more than 10 percent in every region of the world, ...
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News briefs
Rossignol has issued a product recall for the 2017/18 series...
Rossignol has issued a product recall for the 2017/18 series of Look Pivot ski bindings purchased after Sept. 1, 2017. The company explains on its website that the heel piece may come loose and cause a skier to fall or crash. Customers are asked to arrange for an inspection and ...
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News briefs
Starting from the 2017/18 winter season, Halti is sponsoring the...
Starting from the 2017/18 winter season, Halti is sponsoring the Nordic Combined Team of Finland. Several athletes of the team participated in the Nordic combined skiing competitions at Pyeongchang. In time for the 2018 Winter Olympics in Pyeongchang, Halti also expanded its collaboration with the International Ski Federation (FIS). Starting ...
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News briefs
Chip Wilson, who founded Lululemon in 1998 sold shares in...
Chip Wilson, who founded Lululemon in 1998 sold shares in the company worth around $211 million between Feb. 12 and 14, according to Bloomberg, but has remained a significant shareholder. It was the first time that he did so since September 2014. Wilson, who resigned as chairman of Lululemon in ...
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News briefs
The Swiss Sport 2000 retail organization has signed exclusive distribution...
The Swiss Sport 2000 retail organization has signed exclusive distribution agreements for two lines of products. One is a special line of skiwear under the Marc Girardelli line that Sport 2000 members can only sell to companies and sports clubs under an agreement with the brand's licensee, Liegeling. The other ...
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News briefs
Bic Sport saw its turnover decline by around 5 percent...
Bic Sport saw its turnover decline by around 5 percent at constant currencies in 2017. Sales had already declined at a double-digit rate, in 2016. Bic Sport was founded in 1979 by the Bich family, best known for the Bic pen, out of the family's passion for watersports and expertise ...
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News briefs
Adidas says it has launched a new “employer branding campaign”...
Adidas says it has launched a new “employer branding campaign” as part of recruitment efforts aimed at strengthening its in-house digital expertise and talent. It is looking in particular for software engineers. The campaign follows the creation of more than 200 new positions at the end of 2017 in the ...
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News briefs
Adidas has announced the release of a women's ready-to-wear collection...
Adidas has announced the release of a women's ready-to-wear collection in collaboration with Daniëlle Cathari, the 23-year-old fashion designer based in Amsterdam. The Adidas Originals by Daniëlle Cathari capsule collection for spring/summer 2018 debuted with a presentation at New York Fashion Week on Feb. 8. A year ago, Cathari designed ...
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News briefs
Decathlon is launching in France a new advertising campaign, the...
Decathlon is launching in France a new advertising campaign, the first in collaboration with Roosbeef!, its new agency for the country. The campaign is meant to highlight the joy that sport is capable of conveying, while encouraging people to engage in collective sporting activities. The campaign debuted exclusively on TF1, ...
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News briefs
Garmin has settled a patent dispute with Navico after losing...
Garmin has settled a patent dispute with Navico after losing the case in the International Trade Commission in the U.S. The two parties have agreed on a series of cross-licensing deals that should allow both companies to bring innovative products to the market.
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News briefs
Zimtstern, the Swiss marketer of sports apparel, aims to terminate...
Zimtstern, the Swiss marketer of sports apparel, aims to terminate all its business activities in the course of this year. According to Zimtstern, a profitable business operation is no longer possible due to a difficult market situation. The company is currently checking whether it will continue with its bike apparel segment. ...
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News briefs
Vario Sport has just purchased all shares of Ullfrotté Original,...
Vario Sport has just purchased all shares of Ullfrotté Original, which is the Norwegian distributor of two Swedish brands, Woolpower and Gränfors Bruk. According to Ullfrotté's chief executive, John Sveen, the acquisition is the result of a long and thorough process, with both companies having had the need for a ...
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News briefs
In the wake of Amazon and fast-fashion retailers like H&M,...
In the wake of Amazon and fast-fashion retailers like H&M, Asos has its first label of activewear in January, with a good response from its customers. Called Asos 4505, the British online retailer's new range encompasses more than 100 styles for men and women in a segment situation between sports ...
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News briefs
Andrés de la Dehesa, chief executive of Codesport and currently...
Andrés de la Dehesa, chief executive of Codesport and currently vice president of Afydad, the Spanish sporting goods industry association, has filed his candidacy to become its new president. The election will take place on March 15, and as of a few days ago, he was the only candidate that ...
