All News briefs articles – Page 572
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News briefs
21sportsgroup, the expansive German retail group, has drawn €15 million...
21sportsgroup, the expansive German retail group, has drawn €15 million in fresh capital from ESO Capital to support its growth. The group indicates that the money is chiefly earmarked for further international expansion. Specializing in running, cycling, triathlon, outdoor and action sports products, 21sportsgroup is the company behind several multichannel ...
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About 31 percent of the urban Chinese population aged 15...
About 31 percent of the urban Chinese population aged 15 to 59 years has an interest in football after a steady increase in the last three years, according to China and Football, a study published by Nielsen Sports. It explains that interest has been stimulated by government policy as well ...
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Lowa invited 170 sales professionals from the German shoe and...
Lowa invited 170 sales professionals from the German shoe and sporting goods retail sector to some very special events in Nuremberg, Hinterzarten and Rettenberg in Bavaria. Professional actors integrated participants in a crime comedy act that was written exclusively for Lowa. The act combines the crime story with elements of ...
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In May 2017, Columbia Sportswear will relocate the headquarters of...
In May 2017, Columbia Sportswear will relocate the headquarters of Sorel and 45 employees to the downtown area of Portland, Oregon, but it will keep its own global head office in Washington County, where it moved from downtown Portland in 2001. Columbia bought Sorel in 2000. Tim Boyle, chief executive ...
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Wolverine Worldwide said it has created 250 new jobs at...
Wolverine Worldwide said it has created 250 new jobs at its manufacturing facility in Michigan so far this year as it broke ground on a planned 16,000-square-foot extension. It should be completed in early 2017, allowing the company to add a new warehouse for incoming raw materials. Built in 1964 ...
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News briefs
361 Degrees boasted a comparable store sales increase of 7.3...
361 Degrees boasted a comparable store sales increase of 7.3 percent in the third quarter. The number of stores dropped to 6,637 outlets, after 295 openings and 511 closures. It could decrease further in the quarters ahead, as the group is envisaging a store count of about 6,500 stores, with ...
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Bruno Joly, 36, is joining Odlo International as communications manager,...
Bruno Joly, 36, is joining Odlo International as communications manager, reporting directly to the recently appointed brand director, Timo Pape. Joly started his career as German correspondent for a French fashion trade magazine, Journal du Textile. Based in Munich, he quickly focused on the sports industry. He contributed to other ...
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The Thule Group raised its net income by 9.4 percent...
The Thule Group raised its net income by 9.4 percent to 162 million Swedish kronor (€16.3m-$18.0m) in the third quarter, while its sales inched up by 1.7 percent to SEK 1,366 million (€137.4m-$152.3m), going up organically by 5.2 percent. Sales continued to fall in the Americas, declining by 8.8 percent ...
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News briefs
Globe International said it was acquiring 50 percent of Salty...
Globe International said it was acquiring 50 percent of Salty Crew, a Californian apparel brand specializing in surfing, fishing, diving and sailing products. As part of the deal, which should become effective in January 2017, Globe is to assume operational and financial functions for the brand, while key managers will ...
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News briefs
More than 70 percent of Sweden's shoppers buy clothes and...
More than 70 percent of Sweden's shoppers buy clothes and shoes for everyday use in a sporting goods store, and most of them are women, according to a survey of 300 people conducted by Bonial. Another notable result of the study is that over 80 percent of the respondents preferred ...
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News briefs
Erima reported a sales increase of 8 percent in the...
Erima reported a sales increase of 8 percent in the third quarter of this year, as compared to the third quarter of 2015. Since the beginning of this year, the German sporting goods brand has grown by 12 percent as compared to the previous year. For the first quarter, Erima ...
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News briefs
Wilson has acquired the EvoShield brand and related intellectual property...
Wilson has acquired the EvoShield brand and related intellectual property rights in an asset deal from the eponymous company. The brand is described as the leading supplier of protective gear for baseball and softball. It is the official protective gear of Major League Baseball.
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News briefs
Blue Tomato, the Austrian-based action sports retailer owned by Zumiez,...
Blue Tomato, the Austrian-based action sports retailer owned by Zumiez, opened its first store in Switzerland. Managed by Danijel Susic, is located in Zurich and covers 530 sqm on two floors, offering products from the snowboard, skateboard and surf segments as well as streetwear, shoes and accessories. Blue Tomato now ...
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The action sports section at Ispo Munich has been redesigned...
The action sports section at Ispo Munich has been redesigned for next year's edition, with a concept of polygonal modules in Hall B6. Providing suitable space for brands of all sizes, the new design is meant to put more emphasis on products and innovation, as well as sustainability. The hall ...
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Bright, the ten-year-old action sports trade show at Arena Berlin,...
Bright, the ten-year-old action sports trade show at Arena Berlin, is adding a new outdoor segment for its next session, scheduled for Jan. 17-19. It is proposing to host a selected number of streetwear and lifestyle-minded outdoor brands as well as more technical brands that connect design with functionality. Most ...
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The Adidas Group is resuming its share buyback program today,...
The Adidas Group is resuming its share buyback program today, based on the authorization given at its annual meeting on May 12. After two previous tranches of stock repurchases conducted in the last two years, involving a total of 9,018,769 shares that represented 4.31 percent of its share capital, the ...
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Adidas confirms that it has sealed a partnership with Kristaps...
Adidas confirms that it has sealed a partnership with Kristaps Porzingis, a fast-rising Latvian player in the National Basketball Association (NBA). The Vertical writes that the agreement was signed for seven years and that it makes Porzingis the highest-paid European sneaker endorser in NBA history. The publication puts the deal ...
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Adidas has collaborated with Parley for the Oceans, an organization...
Adidas has collaborated with Parley for the Oceans, an organization dedicated to reducing plastic waste in oceans, on the first mass-produced footwear made of recycled plastic from oceans. Last year, the collaboration had created a 3-D printed prototype, which is now turning into actual pairs of shoes that customers can ...
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Aspom, the European digital platform that advertises employment offers and...
Aspom, the European digital platform that advertises employment offers and internships in the sports and lifestyle sector, is coming out with a new identity to take advantage of the growing digitalization. Aspom says it has successfully connected more than 350 companies with 20,000 quality candidates.
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News briefs
Decathlon has withdrawn an advertising poster promoting ammunition for hunting...
Decathlon has withdrawn an advertising poster promoting ammunition for hunting migratory game birds in the city of Ajaccio, the capital of the French island of Corsica. It featured a bird accompanied by a large script reading as “special migration” (Migration Special). The message of the poster was diverted by Nordpresse.be, ...
