All News briefs articles – Page 520
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News briefs
Eurazeo has announced the sale of 8,500,000 shares of Moncler...
Eurazeo has announced the sale of 8,500,000 shares of Moncler S.p.A. through its subsidiary ECIP M S.A. at a price of €24.48 per share, for a total amount of around €208 million. As a result of the sale, ECIP M S.A. will hold 5.31 percent of the share capital and ...
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News briefs
Amer Sports is repurchasing up to 10,000 of its own...
Amer Sports is repurchasing up to 10,000 of its own shares until next March 7. Meanwhile, Bruno Sälzer, who was elected chairman of the board last March, has been buying shares in the company as well.
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News briefs
Goldwin moved to a comprehensive net profit of 1,681 million...
Goldwin moved to a comprehensive net profit of 1,681 million yen (€12.7m-$14.8m) in the first half ended Sept. 30 from a loss of ¥1,126 million. Excluding extraordinary items, the earnings doubled to ¥1,065 million (€8.1m-$9.4m) as the gross margin rose by 2.3 percentage points to 47.7 percent thanks to a higher proportion ...
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News briefs
A foreign exchange gain of almost two billion yen (€15.1m-$17.6m) allowed...
A foreign exchange gain of almost two billion yen (€15.1m-$17.6m) allowed Globeride to post net income of ¥2,398 million (€18.2m-$21.2m) in the first half ended Sept. 30, compared with ¥745 million in the year-ago period. Revenues advanced by 6.3 percent to ¥44.9 billion (€339.9m-$396.2m), but the gross margin declined by 1.4 percentage ...
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News briefs
Edelski, the 15-year-old Swiss company that makes and sells Zai...
Edelski, the 15-year-old Swiss company that makes and sells Zai skis, has decided to stop manufacturing it at its own factory at Dissentis as of next March because of excessive costs. The company has already developed a line for the next season that will be made at another Swiss plant. ...
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News briefs
Schoeller Textil has won the Design Preis Schweiz 2017/18 in...
Schoeller Textil has won the Design Preis Schweiz 2017/18 in the textile category for its heated E-soft-shell. The award was announced in Langenthal, Switzerland on Nov. 3. According to Schoeller's description, E-soft-shell is an electrically heated fabric which can be cut to size without affecting the embedded technology. This technology ...
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News briefs
2XU has signed a partnership agreement with GXG, a Chinese...
2XU has signed a partnership agreement with GXG, a Chinese fashion retailer, which will make 2XU products widely available to Chinese consumers. 2XU is planning to open up to 50 retail stores in mainland China over the next three years. 2XU currently operates 26 retail and outlet stores in Australia ...
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News briefs
Descente's net income declined by 8.9 percent to 2,440 million...
Descente's net income declined by 8.9 percent to 2,440 million yen (€18.5m-$21.5m) in the second quarter ended Sept. 30, while its total sales went up by 5.4 percent to ¥65.9 billion (€499.0m-$581.6m), with increases of 7 percent in the athletic category and 4 percent in golf, partly offset by a drop ...
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News briefs
After winning the German Brand Award 2017 this past summer,...
After winning the German Brand Award 2017 this past summer, Keller Sports also received the German Design Award 2018 in the category of “excellent communications web design.” The German multi-channel retailer based in Munich has a premium positioning in the market and offers a narrow selection of branded products online. It opened ...
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News briefs
Adidas presented the official match ball for the 2018 World...
Adidas presented the official match ball for the 2018 World Cup in Moscow, in the presence of Lionel Messi. The Telstar 18 is a re-edition of Adidas' first match ball for the World Cup, which it developed for the tournament in Mexico in 1970.
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News briefs
Nicolas Préault, 51, will be the new chief executive of...
Nicolas Préault, 51, will be the new chief executive of Tecnifibre, the French tennis equipment company in which Lacoste acquired an 80 percent stake a few months ago, starting early next year, according to sport-guide.com. Préault has been the general manager of Arena France since 2003. He previously worked for ...
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News briefs
A positive swing of one billion yen (€7.6m-$8.8m) in foreign exchange...
A positive swing of one billion yen (€7.6m-$8.8m) in foreign exchange translations helped Yonex to triple its net profit to ¥1,338.8 million yen (€10.1m-$11.8m) in the first half to Sept. 30, despite a contraction in the gross margin of three percentage points to 41.8 percent due to changes in the product mix ...
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News briefs
Adidas has unveiled a new app that is meant to...
Adidas has unveiled a new app that is meant to deliver a personalized shopping experience. The Adidas Sports & Style app uses Salesforce technology including Commerce Cloud, Marketing Cloud and Service Cloud. The app gets to know the consumer's preferences, and proposes personalized news stories, blog posts, articles, videos and ...
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News briefs
Adidas announced on Instagram that it has teamed up with...
Adidas announced on Instagram that it has teamed up with N.E.R.D., an American funk rock band, to launch what it has called the Training Gear collection. The company indicates that the range was inspired from the styles of the band members Pharrell Williams, Chad Hugo and Shay Hayley. Williams already ...
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News briefs
Speculation has heightened around the potential sale of Puma after...
Speculation has heightened around the potential sale of Puma after Challenges, a French business magazine, reported that Rothschild & Co has been hired to study various options. Kering, the French luxury group, bought Puma for about €5.3 billion in 2007. The brand's performance has greatly improved in the last three ...
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News briefs
Casey Sheahan, who had announced his retirement last month after...
Casey Sheahan, who had announced his retirement last month after one year as president of Keen Footwear, is going back into active duty as chief executive of Simms Fishing Products, while that company's president and majority owner, K.C. Walsh, will become executive board chairman. Sheahan served as president of Patagonia ...
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News briefs
Nike's Jordan brand has signed a sponsorship agreement with the...
Nike's Jordan brand has signed a sponsorship agreement with the French Basketball Federation, taking the place of Adidas, at least until 2020. According to L'Equipe, the deal is rumored to be worth €2.2 million. Nike had already been the official supplier between 2001 and 2013.
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News briefs
W.L. Gore & Associates has signed up AKQA, an international...
W.L. Gore & Associates has signed up AKQA, an international communication agency that has worked with many global consumer brands such as Audi, Caterpillar and Levi's, to focus on a more holistic view of the Gore-Tex brand in future B2B and B2C brand positioning work. Gore says the new arrangement ...
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News briefs
Peter Schlickenrieder is the new brand ambassador for Suunto, the...
Peter Schlickenrieder is the new brand ambassador for Suunto, the sports instruments brand owned by the Amer Sports group. Schlickenrieder has already been brand ambassador for Salomon, which is part of the same group, since 2007. He started to promote Suunto's Spartan Ultra GPS watch for athletic and adventure multisport ...
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News briefs
Bruno Sälzer, supervisory board chairman at Amer Sports, has told...
Bruno Sälzer, supervisory board chairman at Amer Sports, has told Handelsblatt that the Finnish group wants to grow through organic expansion as well as acquisitions, for which it has “a few hundred million” euro at its disposal. The company owns 12 brands, and its latest acquisition was Armada, the U.S. ...
