All News briefs articles – Page 522
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News briefs
Alpargatas Argentina is investing 100 million Argentinian pesos (€4.9m-$5.7m) to reintroduce...
Alpargatas Argentina is investing 100 million Argentinian pesos (€4.9m-$5.7m) to reintroduce the Havaianas brand to the local retail market. Alpargatas Argentina is looking to invest the money over a three-year period, first by introducing the brand in retail chains and then later by opening mono-brand stores. Alpargatas Argentina is the local ...
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News briefs
Insolvency proceedings were opened on Oct. 13 in Venice for...
Insolvency proceedings were opened on Oct. 13 in Venice for MCS Cavaliere, formerly Marlboro Classics, and Industries Sportswear Company, owner of the Marina Yachting and Henry Cotton's brands. In 2013, shortly before going public, Moncler had sold Industries Sportswear to Emerisque Brands, a private equity firm set up in 2004 ...
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News briefs
The 16th edition of the Eurosima Surf Summit, which took...
The 16th edition of the Eurosima Surf Summit, which took place in Seignosse, France on Oct. 5-6, welcomed more than 300 professionals from the industry. Eurosima is the association of European action sports manufacturers. Among the speakers at the annual action sports conference was Alexandre Mulliez, the 30-year-old innovation and ...
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News briefs
Thule Group reports an increase in net income to 185...
Thule Group reports an increase in net income to 185 million Swedish kronor (€19.0m-$22.1m) for the third quarter, up from SEK 156 million in the year-ago period. Sales grew by 6.9 percent to SEK 1,385 million (€142.2m-$165.4m), rising by 8.5 percent on a constant-currency basis. The underlying operating margin increased ...
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News briefs
The growth trajectory of Yue Yuen has resumed in 2017...
The growth trajectory of Yue Yuen has resumed in 2017 with sales in the nine months to September having risen by 6.7 percent, compared with the increase of only 0.3 percent recorded in the first nine months of 2016. Yue Yuen, a subsidiary of the Pou Chen Group from Taiwan, ...
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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 web.” 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 ...
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News briefs
WiggleCRC has announced the acquisition of Bike24, a German online...
WiggleCRC has announced the acquisition of Bike24, a German online cycling retailer. According to The Sunday Times, who first reported the news, the deal is worth around £100 million (€112.6m-$131.7m). Bike24 will continue to trade as a separate business within the group. Bike24 posted revenues of €84.5 million in 2016. ...
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News briefs
Peter Aschauer is selling a controlling stake in his 30-year-old...
Peter Aschauer is selling a controlling stake in his 30-year-old avalanche airbag company, ABS Peter Aschauer, to Spin Capital. The Munich-based investment company will take over operative responsibility but will continue to work with Aschauer on a partnership basis. Stefan Mohr, chief executive of Spin, which is an abbreviation for ...
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News briefs
Puma is said to be in talks about taking over...
Puma is said to be in talks about taking over the sponsorship of the AC Milan football club from Adidas next year. However, the discussions reportedly revolve around a sponsorship fee of only €10 million to €15 million per year, about half what the company is paying for Arsenal in ...
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News briefs
Icon Health & Fitness has accused Nautilus of infringing on...
Icon Health & Fitness has accused Nautilus of infringing on its One Touch and Quick Speed trademarks through the buttons and the user manual of its TreadClimber. The lawsuit, filed in the Central District Court of Utah, also says that Nautilus has been making false claims about its Max Trainer, ...
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News briefs
Hoka One One is adding a Swedish triathlon champion, Patrik...
Hoka One One is adding a Swedish triathlon champion, Patrik Nilsson, to its elite team, joining Cyril Viennot, Charlotte Morel, Boris Stein and Alessandro Degasperi. The 25-year-old has won four Ironman Triathlon races. Hoka is an exclusive sponsor of the Ironman Series.
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News briefs
Sports Direct International (SDI) is buying additional shares in Debenhams,...
Sports Direct International (SDI) is buying additional shares in Debenhams, the British department store chain, paying 43 percent more than they were worth last Friday, according to The Financial Times. The acquisition is said to be based on options contracts signed through Goldman Sachs in 2015, which will force SDI ...
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News briefs
Lotto Sport Italia has signed an agreement to be the...
Lotto Sport Italia has signed an agreement to be the first official technical sponsor of Italy's national men's and women's paddle tennis teams for the next three years, starting next spring. Coming from a couple of Latin American countries and Spain, paddle tennis is a growing sport in Italy, where ...
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News briefs
The European Commission has launched an investigation into the alleged...
The European Commission has launched an investigation into the alleged dumping of e-bikes from China, following a request by the European Bicycle Manufacturers Association for retroactive relief. Imports of e-bikes into the EU have reached more than 800,000 units a year, says the EBMA, claiming that they are priced at ...
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News briefs
Asics has teamed up with Tayin Research & Development, a...
Asics has teamed up with Tayin Research & Development, a Taiwanese company, for the development of a new technique that is said to create personalized midsoles in just 15 seconds using microwave technology. The development is still in the testing phase but the sports brand said the use of microwave ...
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News briefs
In a letter to the German chancellor, Angela Merkel, Vaude...
In a letter to the German chancellor, Angela Merkel, Vaude said it wants to prevent the deportation of refugees who are working at the company. Nine refugees from Syria, Nigeria, Gambia, Iraq and Afghanistan are currently working at Vaude. Five of them are facing deportation from Germany. In her letter ...
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News briefs
Salomon is extending its design center in Annecy with the...
Salomon is extending its design center in Annecy with the purchase of a 1,760-square-meter administrative building adjoining its headquarters in the French alpine city, where it stopped its manufacturing activities many years ago. The management said the investment represents a great opportunity for expansion as it prepares its development plans ...
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News briefs
Woolrich has announced a new partnership with Goldwin, a Japanese...
Woolrich has announced a new partnership with Goldwin, a Japanese firm specializing in the manufacturing and sale of sporting apparel, which will result in a new Goldwin premium outdoor collection. The first men's line will be on offer in autumn 2018 in North America, Europe and Asia. Goldwin has acquired ...
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News briefs
Garmont has announced a new partnership with France's Ensa (Ecole...
Garmont has announced a new partnership with France's Ensa (Ecole Nationale de Ski et d'Alpinisme). As part of this collaboration, Ensa guides will field-test Garmont products and provide feedback to enable improvements and future product developments. Among the boots that the Ensa mountain professionals will be using are the Dragontail, ...
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News briefs
Puma has announced a long-term partnership deal with Jimmy Vicaut....
Puma has announced a long-term partnership deal with Jimmy Vicaut. The French sprinter and current European 100m record holder will wear Puma both on and off the track. The athlete will also be featured in marketing campaigns for the brand. Vicaut, 25, has run under 10 seconds for the 100m ...
