All News briefs articles – Page 579
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News briefs
Joma says it will be outfitting more than 30 percent...
Joma says it will be outfitting more than 30 percent of the players competing in the World Futsal Cup, which has already started and is taking place until Oct. 1 in Colombia. It will also be the official supplier of three national teams – from Cuba, Guatemala and Uzbekistan.
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News briefs
With an industry-wide growth rate of 6.5 percent for the...
With an industry-wide growth rate of 6.5 percent for the first half of the year, sporting goods retailers are expecting a new record in their sales for this year, according to the Norwegian sporting goods industry association, Sportsbransjen. After reaching record sales in 2015 (see the retail chart in this ...
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News briefs
GoPro saw its share price move up by 6 percent...
GoPro saw its share price move up by 6 percent as it unveiled on Monday a much-awaited new range of products including its first drone, called Karma, which can fly for 18 minutes and has image stabilization technology. Unlike the drones of DJI and other competitors, GoPro's drone doesn't yet ...
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News briefs
VF Corp. has issued Eurobonds worth a total of €850...
VF Corp. has issued Eurobonds worth a total of €850 million. The proceeds from the senior unsecured notes, which carry annual interest of 0.625 percent, will be used for working capital requirements and general corporate purposes. They will provide a natural currency hedge for operations in Europe.
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News briefs
Adidas has begun a search for a permanent replacement for...
Adidas has begun a search for a permanent replacement for Chris Grancio, who is leaving as the company's global head of basketball. He has been overseeing Adidas' NBA deal and relations with basketball players since May 2014. Rebecca Jury, vice president of product in Adidas' basketball division, is taking over ...
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News briefs
After a year's hiatus, the Swesport trade fair near Stockholm...
After a year's hiatus, the Swesport trade fair near Stockholm will be back on Nov. 27-28, but in a new format that caters primarily to independent retailers. Its role diminished after the purchasing activities of the major Swedish sporting goods chains became more centralized. Therefore, Sweden's trade association in the ...
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News briefs
Bode Miller has filed a lawsuit against Head in a...
Bode Miller has filed a lawsuit against Head in a federal court in Los Angeles. The skier is currently planning to return to professional ski racing but a termination agreement signed with Head USA in 2015 prevents him from racing competitively on another company's equipment for two years. Miller's new ...
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News briefs
IC Group reported a few days ago that one of...
IC Group reported a few days ago that one of its shareholders, ATP, has reduced its stake in the company to 7.15 percent. The company, which owns Peak Performance, later announced that its share capital has been increased by 0.2 percent because of an exercise of warrants. The exercise price ...
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News briefs
Skechers USA has entered into a new joint venture agreement...
Skechers USA has entered into a new joint venture agreement for Israel with MGS Sport Trading, its current distributor for the region. The joint venture is called Skechers Footwear. Adi Moliov, the previous brand manager of MGS Sport Trading, has been named general manager of Skechers Footwear. MGS Sport Trading ...
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News briefs
Sport Partner reports that Intersport Nederland has signed an agreement...
Sport Partner reports that Intersport Nederland has signed an agreement with the Dutch football federation to support women's football in the Netherlands, at least until the women's football World Cup in 2019. Although the “Leeuwinnen” (the Lionesses) wear Nike outfits, Intersport is the first partner of the women's team. The ...
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News briefs
Reef and three of its surf ambassadors have been involved...
Reef and three of its surf ambassadors have been involved in a project this summer to aid young refugees from Afghanistan, Syria and other Middle East countries in the Oinofyta camp in Greece, funding an educational program, the construction of schools and the supply of equipment. The brand has donated ...
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News briefs
W.L. Gore & Associates has authorized for the first time...
W.L. Gore & Associates has authorized for the first time an external source, Formosa Taffeta, to manufacture some of its Gore-Tex laminates. The Taiwanese firm will act as the exclusive dual source for these products from the fourth quarter of 2016, expanding their availability for the industry. A new factory ...
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News briefs
Vibram has announced has celebrated its centennial anniversary of manufacturing...
Vibram has announced has celebrated its centennial anniversary of manufacturing in the U.S. The milestone celebration, which was open to the public, took place on Sep. 16, at its Quabaug Vibram Innovation (QVI) plant in North Brookfield, in central Massachusetts. The company said 2016 will not only celebrate the past, ...
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News briefs
Nautilus, the owner of Octane Fitness, has announced that Dennis...
Nautilus, the owner of Octane Fitness, has announced that Dennis Lee will leave Octane at the end of the year. Lee is currently the company's vice president and general manager of commercial and specialty. Ryan Simat, a veteran of the company and the current vice president of sales, has been ...
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News briefs
Belle International raised the sales of its sportswear and apparel...
Belle International raised the sales of its sportswear and apparel stores in mainland China by 6 percent on a same-store basis in the second quarter of its financial year. These improvements in the three months from June until August were offset by a comparable sales decline of 10.0 percent for ...
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News briefs
Rottefella has appealed the Oslo district court's judgment in the...
Rottefella has appealed the Oslo district court's judgment in the matter of claims against Amer Sports Norway. Rottefella claims violations of marketing regulations, product copying and violations of intellectual property rights in connection with Salomon's launch of its Pro Link cross-country ski bindings earlier this year. On July 13, the ...
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News briefs
Polar has appointed Tom Fowler as president of Polar USA....
Polar has appointed Tom Fowler as president of Polar USA. He will be responsible for all segments of the business including sports technology, corporate wellness, consumer fitness, club, education and team sport. Prior to Polar, he served at Intel as director of marketing and sales of head-worn devices. He previously ...
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News briefs
Brooks France has named Franck Mesnage, formerly at Asics France,...
Brooks France has named Franck Mesnage, formerly at Asics France, as its new general manager. He takes over from Christophe Vatinel, who has been at the helm of the company for over ten years. Brooks France posted revenues of €9.8 million in 2015.
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News briefs
Asics Corp. has been picked for the second time as...
Asics Corp. has been picked for the second time as a component of the Dow Jones Sustainability Asia/Pacific Index. The Dow Jones Sustainability Indices (DJSI) relate to socially responsible investment and they are jointly determined by S&P Dow Jones and RobecoSAM, an investment firm based in Switzerland. They evaluate the ...
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News briefs
Barack Obama is continuing to push for the ratification of...
Barack Obama is continuing to push for the ratification of the Trans-Pacific Partnership (TPP) by the U.S. Congress before his departure, although it suffered an unexpected setback in Vietnam. The 12 countries participating in the TPP have signed the agreement in February but it has yet to come into force ...
