All News briefs articles – Page 565
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News briefs
Yue Yuen Industrial Holdings has dismissed Chen Kuo-Lung, the chief...
Yue Yuen Industrial Holdings has dismissed Chen Kuo-Lung, the chief financial officer of its 62.41 percent owned distribution and retail subsidiary, Pou Sheng International, and its chief executive, Kwan Heh-Der, has resigned. The reason given by Yue Yuen is the discovery of “certain incorrect sales data,” but the discrepancies with ...
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News briefs
Michael Tseng, president and chief executive of Merida Industry, is...
Michael Tseng, president and chief executive of Merida Industry, is taking over from Tony Lo as chairman of the Taiwan Bicycle Association (TBA), after Lo retired from his job as chief executive of Giant Manufacturing last year. Lo had been the TBA's chairman for the last six years but the ...
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News briefs
Retailwatching.nl, a Dutch publication, reports that Perry Sport intends to close...
Retailwatching.nl, a Dutch publication, reports that Perry Sport intends to close at least six stores this year, while going ahead with the roll-out of an updated store concept in the largest Dutch cities and the launch of a new online store. Perry Sport is one of the Dutch retail banners acquired ...
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News briefs
Jerry Turner is launching Turner Footwear, a collection of performance...
Jerry Turner is launching Turner Footwear, a collection of performance running and workout footwear. Turner, who came out of retirement for the new endeavor, served as president of Brooks in the 1960s and 1970s. While at Brooks, he introduced innovations such as nylon outsoles for cleated products and EVA midsoles ...
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News briefs
WooDone, an Italian company specializing in wooden spectacle frames, has...
WooDone, an Italian company specializing in wooden spectacle frames, has announced the launch of a SC405 line of ski goggles. According to the brand, the model is the first step toward a future version made in wood that will be released at the end of the year. The SC405 goggle ...
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News briefs
The World Trade Organization (WTO) has received a complaint filed...
The World Trade Organization (WTO) has received a complaint filed by China on the European Union's rules on calculating what constitutes dumping. The document says that, since China acceded to the WTO, it had been agreed that specific price-comparison rules would apply for the country for a transitional period of ...
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News briefs
Todd Spaletto, a veteran of VF Corp., is resigning as...
Todd Spaletto, a veteran of VF Corp., is resigning as president of The North Face. He is being replaced on an interim basis by Scott Baxter, president of VF's Outdoor & Action Sports division for the Americas region, but VF is looking for a permanent replacement. Spaletto has been with ...
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News briefs
Scott Sports and Velosolutions have joined forces to create the...
Scott Sports and Velosolutions have joined forces to create the Scott-Velosolutions downhill team. Brendan Fairclough and Gaetan Vige will be part of the team, while Claudio Caluori will be the team manager. The Scott-Velosolutions team will be equipped in 2017 with Fox' suspensions, Schwalbe's tires, components by Deity and Syncros, ...
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News briefs
Marker Dalbello Völkl has embarked on a rebranding exercise, forming...
Marker Dalbello Völkl has embarked on a rebranding exercise, forming the MDV Sports group. The changeover is meant to underscore the ties and the increasingly tight partnership between the three winter sports equipment brands in terms of research, production, sales and marketing. Marker, Dalbello and Völkl will continue to cultivate ...
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News briefs
Manchester United has returned to the top of the Deloitte...
Manchester United has returned to the top of the Deloitte Money League for the first time in more than a decade. The Premier League team posted record revenues of £515.3 million (€600.1m-$645.6m) during the 2015/16 season, and supplanted Real Madrid, which had topped the ranking for the previous 11 seasons. Real ...
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News briefs
As part of its digital single market strategy, and its...
As part of its digital single market strategy, and its action plan on value added tax (VAT), the European Commission has proposed measures that should make it easier and cheaper for companies to trade online. The Commission estimates that the measures could lead to annual savings of about €2.3 billion ...
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News briefs
Sports Direct International (SDI) has parted ways with its three...
Sports Direct International (SDI) has parted ways with its three brokers and instead appointed Liberum Capital, a relatively small alternative, as its sole corporate broker earlier this week. The three brokers were Goldman Sachs, Citi and Haitong (formerly Espirito Santo). Liberum is one of the few brokerages with a “buy” ...
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News briefs
Erwin and Krystian Markowski were reportedly sentenced to six years...
Erwin and Krystian Markowski were reportedly sentenced to six years in prison at Nottingham's crown court earlier this week for luring men from Poland to work at Sports Direct International's warehouse in Shirebrook and then stealing part of their earnings. The brothers apparently employed a “spotter” in Poland to identify ...
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News briefs
Etnies, the specialist in shoes for skateboarders, and Michelin have...
Etnies, the specialist in shoes for skateboarders, and Michelin have announced a partnership to reinvent Etnies' classic Marana shoe. Using its Outdoor tyre rubber as a starting point, Michelin has designed an abrasion and slip resistant sole specifically for Etnies' Marana OG shoe, an update of the brand's best-known design. ...
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News briefs
Fashion Network reports that Jack Wolfskin is preparing to open...
Fashion Network reports that Jack Wolfskin is preparing to open a store in The Exchange, one of the oldest shopping arcades in Nottingham. It will be the ninth store for the German outdoor brand in the U.K. Dating back to the 1920s, The Exchange is a relatively small shopping center ...
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News briefs
Frank Koch, a veteran of the sporting goods industry, is...
Frank Koch, a veteran of the sporting goods industry, is jumping ship again. He has left as managing director of Sportart3, the licensee for Adidas' boxing and mixed martial arts equipment, citing differences with the company's other new owners. He will be replaced by his partner and former sales director, ...
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News briefs
Heiner Oberrauch, president of the Oberalp Group and Salewa, has...
Heiner Oberrauch, president of the Oberalp Group and Salewa, has reportedly decided to help refugees by giving them work in the fields that belong to his family. They will help cultivate organic fruits and vegetables that will be sold locally. He will start with about 20 refugees with the idea ...
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News briefs
John Are Lindstad is to relinquish his job as international...
John Are Lindstad is to relinquish his job as international sales manager at Fjällräven, the Swedish outdoor brand, to become chief executive at Mustad, the Norwegian fishing equipment specialist, from the start of April. Lindstad has held this job for about five years, along with two other functions as head ...
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News briefs
Nautilus has promoted Rob Murdock to senior vice president of...
Nautilus has promoted Rob Murdock to senior vice president of innovation, a new position, while Brian Pope has been appointed vice president and general manager of the direct market. Murdock, who joined Nautilus in 2005, will be responsible for all the aspects of the product development process for the Nautilus, ...
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News briefs
Decathlon is preparing to deploy urban stores of about 1,000...
Decathlon is preparing to deploy urban stores of about 1,000 square meters in France as part of a plan to expand in medium-sized cities, it was reported in Les Echos earlier this month. The French retailer will start by converting 25 existing Decathlon Easy into Decathlon Essential stores, and then ...
