All News briefs articles – Page 581
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News briefs
Odlo will be an official supplier and partner of the...
Odlo will be an official supplier and partner of the French Nordic ski teams for the next six years, starting this winter. The contract will thus cover the Winter Olympic Games in Pyongyang in 2018 and in Beijing in 2022.
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News briefs
Wolverine Worldwide will invest $1 or $2 million to expand...
Wolverine Worldwide will invest $1 or $2 million to expand its manufacturing plant in Grand Rapids, Michigan, adding 16,000 square feet of space and about two dozen new jobs by early next year. It will the first expansion in 70 years for the facility, which makes mainly shoes and boots ...
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News briefs
Sympatex Technologies has announced plans to introduce its first 100...
Sympatex Technologies has announced plans to introduce its first 100 percent recycled membrane. The Sympatex membrane is free from PTFE (polytetrafluoroethylene) and PFC (perfluorinated compounds), and is made of polyether-ester, which can be recycled. Over the past few years the Munich-based company has been re-using up to 15 percent of ...
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News briefs
Wolverine Worldwide announced on Aug. 16 that it was...
Wolverine Worldwide announced on Aug. 16 that it was going to offer $250 million worth of senior notes to fund the redemption of its outstanding senior notes due 2020, which carry annual interest of 6.125 percent. The new notes have been priced with an interest rate of 5.000 percent, due ...
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News briefs
Founded in 1983 in Colorado, Bula is one of the...
Founded in 1983 in Colorado, Bula is one of the largest brands of sports hats and beanies in North America and is also big in Europe. In the Nordic countries, it has been working through the Norwegian-based Active Brands group as a distributor since 1989. Now, Active Brands has bought ...
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Garneau got the 2016 Eurobike Award for its DreamFactory program,...
Garneau got the 2016 Eurobike Award for its DreamFactory program, which allows the customization of bikes, clothing and helmets with input from the final user. He or she can pick the color of the bike and a vinyl decal for the helmet. Much of the work is conducted in North ...
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News briefs
Michael Burk has been appointed as chief executive at 21...
Michael Burk has been appointed as chief executive at 21 Sports Group, after Jörg Mayer, the founder and largest shareholder of the online sports retailer, became chairman of the supervisory board. The changes also led to the appointment of Henner Schwarz as chief financial officer and chief operating officer. Both ...
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News briefs
Björn Borg posted a 23 percent sales increase in the...
Björn Borg posted a 23 percent sales increase in the second quarter, with sales reaching 122.2 million Swedish kronor (€12.9m-$14.4m). The Swedish fashion and sportswear brand said it strengthened its position in sports and sports apparel, especially in its male target market, during the quarter. Operating profit for the period ...
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News briefs
An indirectly owned subsidiary of 361°, Sanliuyidu Xiamen, has acquired...
An indirectly owned subsidiary of 361°, Sanliuyidu Xiamen, has acquired 80 percent of the shares in the e-commerce service provider of the Chinese brand for RMB 880,000 (€117,230-$131,428). The contract between the two parties was going to end, and 361° said the takeover was the most expedient way of changing ...
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News briefs
Eurobike suffered a 7 percent drop in the total number...
Eurobike suffered a 7 percent drop in the total number of daily visits by professionals, down to 42,720, at its 25th edition held in Friedrichshafen last month. A stronger decline was recorded among German trade visitors. The number of daily visits by consumers grew by 14,000 to 34,400 because of ...
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News briefs
Nike leads other brands when it is about understanding how...
Nike leads other brands when it is about understanding how consumers manage their social lives in the digital age, according to Vivaldi's 2016 Social Currency study. The consulting firm introduced the term “Social Currency” in 2010 as a measure of the brands' ability to fit into how consumers manage their ...
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News briefs
Skullcandy's board of directors has finally accepted a takeover bid...
Skullcandy's board of directors has finally accepted a takeover bid by Mill Road Capital that values the headphone company at $196.6 million. The deal is expected to close next month. The other bidder, Incipio, declined to make a better offer. It will leave the table with a break-up fee of ...
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News briefs
Speedo has announced on its Twitter account @SpeedoUSA that it...
Speedo has announced on its Twitter account @SpeedoUSA that it will no longer sponsor Ryan Lochte. During his recent participation in the Rio 2016 Olympics, the 32-year-old U.S. swimmer reported that he and three teammates were held up by armed robbers at a gas station after a night of partying, ...
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News briefs
Callaway Golf has announced the acquisition of Toulon Design, a...
Callaway Golf has announced the acquisition of Toulon Design, a California-based milled putter company specializing in performance-driven design and customization. The terms of the agreement were not disclosed. Sean Toulon, the company's co-founder, will join Callaway as senior vice president of Callaway Golf and general manager of the Odyssey brand.
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News briefs
Christopher Lindner joined Acushnet last month as president of FootJoy....
Christopher Lindner joined Acushnet last month as president of FootJoy. He acted previously as president of Keds, one of the footwear brands owned by Wolverine Worldwide, which is now led by Gillian Meek. More in Shoe Intelligence.
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News briefs
An Adidas veteran, Timo Pape, has joined Odlo International in...
An Adidas veteran, Timo Pape, has joined Odlo International in the new position of brand director, responsible for category management, design and marketing. He had been assisting Odlo in these areas and in communication since last year. After working for seven years at Adidas in Portland and Herzogenaurach, and two ...
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News briefs
Adidas has launched a new sub-category of apparel, Athletics, which...
Adidas has launched a new sub-category of apparel, Athletics, which is meant to be worn by athletes before and after their game or competition. This contemporary take on pre-game wear was launched at an event in New York last week with a U.S. track athlete, Tori Bowie, Andrew Wiggins of ...
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News briefs
Patagonia has adopted a new wool sourcing standard, saying...
Patagonia has adopted a new wool sourcing standard, saying that it amounts to the world's most stringent criteria for animal welfare and responsible land management. The Patagonia Wool Standard was developed in response to concerns over animal welfare, which led Patagonia to quit buying wool from one of its suppliers ...
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News briefs
Newell Brands is aiming to sell or even shut down...
Newell Brands is aiming to sell or even shut down businesses totaling sales of $250 to 300 million by the end of this year, said its management, giving some indications that Coleman will not be part of the package. It wants to retain brands and geographies that offer the strongest ...
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News briefs
Alexander Wirth has been promoted to the position of chief...
Alexander Wirth has been promoted to the position of chief executive of Willy Bogner & Co., taking the place of Willy Bogner, who remains as chairman and main shareholder of the German sports apparel company that bears his own name. After the owner's failure to sell the company at a ...
