All News briefs articles – Page 587
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News briefs
Deckers Brands plans to change its distribution from an indirect...
Deckers Brands plans to change its distribution from an indirect to a direct mode in Switzerland in the course of the next 12 months. Previously, a local distributor covered the Swiss market, but it has been handled by a sales agent since June. Within the next 12 months, the company ...
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News briefs
Decathlon has started building a new logistics center in Dortmund,...
Decathlon has started building a new logistics center in Dortmund, which should cover about 32,000 square meters and employ up to 700 people. The group already has a warehouse of roughly the same size and 550 employees in Schwetzingen, near Mannheim, but the new facility is to cover stores in ...
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News briefs
Sports Direct International said it will commence a buyback program...
Sports Direct International said it will commence a buyback program for up to 29,923,243 shares, representing about 5 percent of its share capital, for an aggregate maximum outlay of £89,769,729 (€106,604,549-$118,030,796). Citigroup Global Markets will undertake the buyback in behalf of SDI until the annual general meeting of Sept. 7, ...
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News briefs
Camelbak will be the official hydration sponsor of the Ultra-Trail...
Camelbak will be the official hydration sponsor of the Ultra-Trail du Mont-Blanc (UTMB), running from Aug. 22 to 28 and will provide free, freshly filtered water to the 50,000 attendees expected for the event. Camelbak water stations will be located throughout the UTMB Village in Chamonix, where the brand will ...
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News briefs
DyStar is setting up a new Global Innovation Center at...
DyStar is setting up a new Global Innovation Center at its factory in Nanjing, China. The 3,000-square-meter facility will include state-of-the-art laboratories for research & development, process technology development and the synthesis and finish of dyes and chemicals for its textile and industrial segments. The new facility will also house ...
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News briefs
Peak Sports Products of China may be delisted if a...
Peak Sports Products of China may be delisted if a bid for 38.81 percent of its shares by Xu's Sport Co. is accepted. The offer values Peak at 6,302 million Hong Kong dollars (€733.7m-$812.5m), a premium of 35 percent over the last closing price or nearly twice its annual turnover. ...
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News briefs
Dachstein is launching a new color-changing shoe at the OutDoor...
Dachstein is launching a new color-changing shoe at the OutDoor trade show, which will be held in Friedrichshafen, Germany on July 13-16. According to the company, the new model of its Skylite shoe, called Skylite Thermocolor, features heat-sensitive color pigments which change color as the temperature alters.
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News briefs
Oakley is planning a commercial launch of its first wearable...
Oakley is planning a commercial launch of its first wearable device in October. It will be compatible with Android and iOS platforms. Among other features, the Radar Pace will use voice recognition technology. Oakley will introduce it during the Olympic Games in Rio de Janeiro.
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News briefs
Ispo Shanghai confirmed itself as multi-segment sporting goods show in...
Ispo Shanghai confirmed itself as multi-segment sporting goods show in the Asian market. The number of brands exhibiting at the second edition of the fair, which took place on July 6-8, increased by 32 percent to 470 companies representing about 500 labels. However, the number of visitors declined from nearly ...
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News briefs
Hi-Tec Sports has denied a report in OCC Outdoor that...
Hi-Tec Sports has denied a report in OCC Outdoor that a deal was struck for the Dutch-based footwear company's acquisition by Cherokee, a U.S. clothing and licensing group. Hi-Tec belongs to its founder, Frank van Wezel, after he took the company private again in 2000. Hi-Tec's chief executive and Frank ...
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News briefs
Reporting a drop in Oakley's sales of sunglasses in North...
Reporting a drop in Oakley's sales of sunglasses in North America, due to poor sales in the sporting goods channel, Luxottica says it plans to centralize all of Oakley's marketing functions at its global headquarters in Milan. It will move Oakley's U.S. wholesale operations to its New York office and ...
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News briefs
Following Nike's good results for the financial year ended May...
Following Nike's good results for the financial year ended May 31, Mark Parker, the chief executive, got a $33.5 million award as part of an incentive plan announced last year, which is intended to keep him at the company through 2020, when it is supposed to reach a turnover of ...
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News briefs
ExOfficio is starting to use Marmot Mountain's existing sales network...
ExOfficio is starting to use Marmot Mountain's existing sales network to sell its products to specialty sporting goods and outdoor retailers in Germany, Austria, the U.K., the Benelux, France, Switzerland and Italy from spring/summer 2017. ExOfficio was previously sold mainly to selected clients in those countries like Globetrotter and Larca ...
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News briefs
Zalando has posted preliminary figures showing that its revenues in...
Zalando has posted preliminary figures showing that its revenues in the second quarter grew by between 24.0 and 26.0 percent over the year-ago quarter to €909-€924 million. The online fashion retailer expects to report adjusted earnings before interest and taxes (Ebit) of €68 to €88 million for the period - ...
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News briefs
In the framework of an internal restructuring process, Head Sport...
In the framework of an internal restructuring process, Head Sport appointed Roman Stepek as chief executive for its sportswear division with effect from July 1. Stepek, who replaces Daniel Gottschall, reports directly to Head's controlling shareholder and chief executive, Johan Eliasch. He will be responsible for the realignment of Head's ...
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News briefs
Nike has promoted Steve Lesnard as vice president and general...
Nike has promoted Steve Lesnard as vice president and general manager for global running, with effect from Aug. 1. He takes the place of Patrick Seehafer, who will become vice president of merchandising for Europe. Lesnard, who is currently in charge of running for North America, has spent 19 years ...
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News briefs
In its third high-profile hire in recent months, Keen has...
In its third high-profile hire in recent months, Keen has appointed Tyler LaMotte to the new position of global vice president of brand marketing. Prior to Keen, LaMotte served as Apple's senior marketer, in charge of worldwide product marketing. He also worked at Patagonia as global business unit director for ...
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News briefs
Patagonia said it will start working with the Outdoor Industry...
Patagonia said it will start working with the Outdoor Industry Association in the U.S. to assess the potential threats of fleece and apparel made with synthetic materials for the environment. The new program follows research, commissioned by Patagonia, showing that this kind of clothing is likely to cause a significant ...
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News briefs
Ispo has launched a new job portal for the international...
Ispo has launched a new job portal for the international sports business. “Ispo Job Market” is an extension of Ispo's broad service portfolio. The new cross-segment portal is already online at www.ispo.com/jobs. In addition, Ispo will be offering employers a dedicated recruitment service, in partnership with Sportyjob and AG Sport ...
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News briefs
Mizuno, which has its own sales subsidiary in Spain, has...
Mizuno, which has its own sales subsidiary in Spain, has decided to get its lifestyle footwear distributed by Gregal Sport in the country. Besides Lowa, Elan and Schöffel, Gregal Sport distributes more lifestyle-oriented brands such as Canada Goose and Peuterey in the fashion retail channel.
