All News briefs articles – Page 594
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News briefs
Intersport U.K. is preparing to launch a new online store...
Intersport U.K. is preparing to launch a new online store to support the physical stores affiliated with the buying group across the country. The new Intersport.co.uk website is chiefly meant to raise brand awareness and to showcase sports performance products. The search function will allow visitors to check out the ...
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News briefs
Li Ning has reportedly liquidated its Spanish subsidiary, LN Plus...
Li Ning has reportedly liquidated its Spanish subsidiary, LN Plus Iberomérica, after a settlement of its debts with the outstanding creditors. The bankruptcy proceedings started in 2012. The Spanish brand had entered the market in 2009.
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News briefs
About 46,000 pairs of counterfeit Nike sports shoes were seized...
About 46,000 pairs of counterfeit Nike sports shoes were seized at the port of Hamburg a few days ago. Customs officers detected Nike sports shoes, suspecting that they may be counterfeits, next to unbranded shoes in a cleared maritime container in the port of Hamburg in mid-April. A couple of ...
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News briefs
XXL's online store has been ranked among the top 10...
XXL's online store has been ranked among the top 10 most popular Norwegian web shops according to a national ranking compiled by Netthandel.no, which covers the past six months. It places XXL.no in sixth place with 6.18 million visits during the period. According to figures published by the retailer itself, ...
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News briefs
Acting through a subsidiary, Eurazeo has sold 19.5 million shares...
Acting through a subsidiary, Eurazeo has sold 19.5 million shares in Moncler, representing about 7.8 percent of the equity, for about €340 million. Its stake is thus reduced to about 13 percent.
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News briefs
Sport 2000 Germany has enlarged its advisory board, electing four...
Sport 2000 Germany has enlarged its advisory board, electing four new directors who represent some of its more specialized sports stores. Martin Schwarz of Heymann & Schwarz in Wuppertal will represent the owners of 129 stores that specialize in team sports, although many of them also cater to other categories. ...
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News briefs
21sportsgroup, the German sports retailer with both online and physical...
21sportsgroup, the German sports retailer with both online and physical stores, reports that it has obtained financing in the double-digit million euro range to reinforce its business in Germany and to expand in international markets. Specializing in running, cycling, triathlon, outdoor and action sports products, 21sportsgroup is the company behind ...
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News briefs
Goldwin raised its sales by 4 percent to 59.7 billion...
Goldwin raised its sales by 4 percent to 59.7 billion yen (€487.9m-$545.1m) in the fiscal year ended March 31, but comprehensive net income fell by 79 percent to ¥1,130 million (€9.2m-$10.3m). The gross margin expanded by 2.1 percentage points to 44.2 percent. Excluding foreign currency adjustments and other charges, net ...
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News briefs
SnowSports Industries America (SIA) has announced it will abandon plans...
SnowSports Industries America (SIA) has announced it will abandon plans to move its annual trade show to early December. The show will be maintained at its previous late-January dates. The decision was made by the organization after listening to stakeholders and members of the SIA community, a consultation process that ...
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News briefs
Nike has signed a deal with Hewlett-Packard to accelerate and...
Nike has signed a deal with Hewlett-Packard to accelerate and scale its 3D printing capabilities. The world's largest sportswear brand has spent over three years developing 3D printing and Selective Laser Sintering (SLS) applications, which shorten the amount of time needed to produce and modify prototypes from months to mere ...
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News briefs
Zlatan Ibrahimovic has announced on his social media accounts that...
Zlatan Ibrahimovic has announced on his social media accounts that he will soon unveil his own apparel brand, called A-Z. The launch is scheduled for June 7, during a special event in Paris. The name of the brand is short for “amateur to Zlatan,” to match the player's philosophy that in ...
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News briefs
Björn Borg, the Swedish underwear and sportswear brand, has acquired...
Björn Borg, the Swedish underwear and sportswear brand, has acquired full ownership of its subsidiary in the U.K. The company has bought out a minority shareholder who owned 20 percent of Björn Borg U.K. The shareholder was Callum Sneddon, managing director of Björn Borg U.K., who left the company at ...
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News briefs
Newell Brands, which recently closed its acquisition of Jarden Corp.,...
Newell Brands, which recently closed its acquisition of Jarden Corp., on April 15, has announced it will establish a new global headquarters in Hoboken, New Jersey. The group has secured $27 million in tax incentives from the New Jersey Economic Development Authority, which will help offset the costs associated with ...
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News briefs
Halfords has announced the acquisition of Tredz and Wheelies Direct....
Halfords has announced the acquisition of Tredz and Wheelies Direct. Tredz is an online retailer of premium bicycles and cycling parts, accessories and clothing that sell across the U.K. under the Tredz brand. Wheelies Direct is the U.K.'s largest provider of bicycle replacement for insurance companies. The two businesses collectively ...
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News briefs
Several heirs of Adi Dassler, the founder of Adidas, have...
Several heirs of Adi Dassler, the founder of Adidas, have teamed up to try and take more control of his legacy, according to Capital, the German magazine. Most of the heirs stayed away from the spotlight after the sale of Adidas in the early nineties by the four daughters of ...
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News briefs
The Adidas Group says that its pilot plant for fast...
The Adidas Group says that its pilot plant for fast footwear production in Ansbach, Germany, is ready to start commercial production in 2017. The Speed Factory is to operate mostly with robots. The project was unveiled last year as part of the group's “Creating the new” strategy, which has speed ...
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News briefs
Closed for several weeks, Adidas' largest European store has reopened...
Closed for several weeks, Adidas' largest European store has reopened – a flagship outlet at the bottom of the Champs-Elysées in Paris. The store adopted the Home Court concept that was already implemented in Beijing, Madrid, Berlin and London, with features such as the Shoe Base, an interactive bar with ...
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News briefs
Mark King, president of Adidas North America, has reaffirmed the...
Mark King, president of Adidas North America, has reaffirmed the brand's strategy to sign dozens of endorsement deals with U.S. sports players in the coming years. The Adidas brand's sales shot up by 31 percent in North America in the first quarter of this year, but the rise was strongly ...
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News briefs
Igor Landau, supervisory board chairman of the Adidas Group, has...
Igor Landau, supervisory board chairman of the Adidas Group, has told the Frankfurter Allgemeine Sonntagszeitung that the company intends to stick with its partnership with Fifa, which runs until 2030, despite the governance issues that have been plaguing the football organization. Landau said that the company deplored what occurred at ...
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News briefs
Frédéric Basse has stepped down after nine years as president...
Frédéric Basse has stepped down after nine years as president at Eurosima, the association representing the board sports industry in Europe. The co-founder and former executive general manager of Rip Curl Europe chaired Eurosima's general meeting for the last time on May 27 in Anglet. The current general manager of ...
