All News briefs articles – Page 596
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News briefs
Toi Ka Ho has resigned as chief financial officer of...
Toi Ka Ho has resigned as chief financial officer of Peak Sport Products. His duties will be assumed by Xu Zhihua, chief executive of the Chinese company, until the appointment of his successor.
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News briefs
Growing interest from Chinese companies in global football could take...
Growing interest from Chinese companies in global football could take another dimension in the coming years as Alibaba Group Holding, the Chinese online retail giant, is reportedly in talks to become a top-level sponsor of Fifa. Bloomberg reported on such discussions based on “people familiar with the matter,” adding that ...
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Hickies, the clever shoe lacing system, has enlisted its first...
Hickies, the clever shoe lacing system, has enlisted its first sponsored testimonial. He is Danny Willett, the English golf pro who won the Golf Masters in Augusta, Georgia, in April. The contract was signed just before his victory, so it was reasonably priced. It will include a signature series of ...
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News briefs
Li Ning Company reports that orders from franchised distributors at...
Li Ning Company reports that orders from franchised distributors at its trade fair held in March, for deliveries in the fourth quarter, moved up at a high single-digit rate compared with the same period in 2015. The increase was driven by low single-digit growth in footwear and a rise at ...
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News briefs
New rules on customs valuation in the European Union prompted...
New rules on customs valuation in the European Union prompted the Federation of the European Sporting Goods Industry (Fesi) to organize a webinar on May 31 with Raphael Barazza, a customs lawyer who has a working agreement with the French federation of sporting goods suppliers (Fifas) and has represented Fesi, ...
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News briefs
Diffusion Sport, the Spanish trade magazine, is organizing a Sport...
Diffusion Sport, the Spanish trade magazine, is organizing a Sport Business Day in the Hotel Esperia in Madrid on Sept. 20 for networking and other purposes. Aside from exhibition stands, there will be conferences and round-table discussions on various topics.
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News briefs
Topshelf, an established Dutch sports retailer with five megastores, has...
Topshelf, an established Dutch sports retailer with five megastores, has pounced on two top locations that became available earlier this year after the bankruptcy of Vroom & Dreesman (V&D), a major Dutch department store chain. Several Dutch newspapers report that Topshelf has taken over the leases of former V&D stores ...
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News briefs
The European sporting goods industry federation, Fesi, is inviting stakeholders...
The European sporting goods industry federation, Fesi, is inviting stakeholders from outside the sporting goods sector to work together to promote participation in winter sports, which is dwindling. Fesi made the proposal at its first “European Winter Summit,” which it organized on May 25 at Flanders' Bike Valley, the European ...
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News briefs
Evasion Running, a specialized Spanish retailer, has gone into receivership,...
Evasion Running, a specialized Spanish retailer, has gone into receivership, according to the Spanish media. The company had already closed two of its stores, in Barcelona and Valencia, leaving it with another store in Valencia and five franchises in Spain and France.
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News briefs
Rolf Schmid, one of the most prominent executives in the...
Rolf Schmid, one of the most prominent executives in the European outdoor industry, is to relinquish his job as chief executive of Mammut Sports Group. The departure has been agreed “by mutual consent,” says a statement from Conzzeta, the Swiss company that controls Mammut. Schmid has been with Mammut since ...
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News briefs
North Sails plans to open its first German store in...
North Sails plans to open its first German store in Hamburg on June 23, to be followed by others in the country. The Italian company already has 45 stores in the rest of the world.
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News briefs
Forum Sport, one of the major Spanish sporting goods retail...
Forum Sport, one of the major Spanish sporting goods retail chains, raised its sales by 5.0 percent to €112.5 million in 2015, a year in which it opened four new stores and closed one. Profits more than doubled to €4.57 million. Sales have been rising for three years in a ...
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News briefs
Jaked will open two new stores in Milan in July....
Jaked will open two new stores in Milan in July. According to reports in Corriere della Sera, the stores will be located on corso Vercelli and corso Buenos Aires, with plans for more openings in Bologna and Napoli. The Italian sportswear brand, which was established in 2008, is owned by ...
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News briefs
Descente's sales climbed by 10.3 percent to ¥135,778 million (€1,098.8m-$1,247.1m)...
Descente's sales climbed by 10.3 percent to ¥135,778 million (€1,098.8m-$1,247.1m) for the fiscal year until the end of March 2016, with nearly stagnant sales in Japan but expansion in other markets. The Japanese winter sports apparel brand and supplier of many other branded sports products lifted its sales by just ...
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News briefs
Intersport Austria continues to perform well, reporting a 10 percent...
Intersport Austria continues to perform well, reporting a 10 percent increase in sales for the first half of its financial year through to the end of March. As in the past year, it was probably aided by ongoing problems at Sport Eybl under the ownership of Sports Direct International. Aside ...
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News briefs
Sporting goods sales showed an 11.3 percent increase for the...
Sporting goods sales showed an 11.3 percent increase for the month of March in Sweden from the same period last year. This confirms the sporting goods sector as one of the fastest ones at retail during the first quarter of 2016. After starting the year with cold weather and snow, ...
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News briefs
Yonex raised its sales by 13.7 percent to 54,159 million...
Yonex raised its sales by 13.7 percent to 54,159 million Japanese yen (€437.9m-$495.7m) for the full year to the end of March. The operating income of the Japanese racquet sports and golf company soared by 57.5 percent to ¥3,279 million (€26.5m-$30.0m) and its net profit was up by 31.4 percent ...
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News briefs
From the 2016/2017 ski season, Avafrost will handle sales in...
From the 2016/2017 ski season, Avafrost will handle sales in Sweden of 4frnt snow sports products. The American ski and skiwear brand was previously distributed by Dsporter. Avafrost is a company run by André Amonsson, a mountain guide who also runs Skier, an event agency located in the Swedish ski ...
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News briefs
VF Corp. has been placed on the 2016 Corporate Responsibility...
VF Corp. has been placed on the 2016 Corporate Responsibility (CR) Magazine's Best Corporate Citizens list, the ranking that recognizes U.S. public companies for their corporate responsibility performance. The 100 Best Corporate Citizens List was first published in Business Ethics Magazine in 1999, and has been managed by CR Magazine ...
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News briefs
Skullcandy reported a net loss of $4.9 million on one...
Skullcandy reported a net loss of $4.9 million on one percent higher sales of $46.3 million for the first quarter, blaming the ongoing clean-up of its distribution in China. Sales increased by 4 percent in the U.S. They declined by 3 percent in the rest of the world, in spite ...