All News briefs articles – Page 597
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News briefs
Wintersteiger's sports segment raised its sales by more than 5...
Wintersteiger's sports segment raised its sales by more than 5 percent last year, reaching a record level, thanks to the strength of the U.S. dollar and the Swiss franc, combined with the adoption of its latest ski maintenance equipment at large projects in Austria and South Tyrol. The segment represents ...
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News briefs
Go Outdoors, the British outdoor retailer with 57 large-scale stores,...
Go Outdoors, the British outdoor retailer with 57 large-scale stores, is studying strategic options that could lead to a sale of at least part of its shares. Go Outdoors said it was in the initial stages of discussions with potential investors, as a means to fuel expansion. Chris Matthews, the ...
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News briefs
Giant Bicycle doubled its net profit to 916.7 million Taiwan...
Giant Bicycle doubled its net profit to 916.7 million Taiwan dollars (€24.8m-$28.1m) in the first quarter because of a one-time charge of TWD 655 million (€17.8m-$20.1m) taken last year that was not repeated. Revenues slid by 2 percent to TWD 14.4 billion (€389.8m-$441.2m) and the gross margin dropped by 1.4 ...
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News briefs
Globeride suffered a 79 percent drop in net income to...
Globeride suffered a 79 percent drop in net income to 859 million yen (€7.0m-$7.9m) for the financial year ended last March 31, although its sales went up by 7 percent to ¥79.02 billion (€640.4m-$725.0m). For the current financial year, the former Daiwa Seiko is predicting an operating profit of ¥3.7 ...
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News briefs
Aclima and Bergans won a major Norwegian design award last...
Aclima and Bergans won a major Norwegian design award last month. The Award for Design is given out annually by the Norwegian Center for Design and Architecture (DOGA). The label is a stamp of quality that shows that a product or solution is among the very best in Norwegian design. ...
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News briefs
The acquisition of Camelbak and Jimmy Styx boosted sales and...
The acquisition of Camelbak and Jimmy Styx boosted sales and profits at Vista Outdoor in the fourth quarter ended March 31. Vista reported a 26 percent increase in total revenues to $612.3 million and a 135 percent jump in net profit to $37.3 million for the period. Organically, sales were ...
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News briefs
The average number of rounds of golf played across England,...
The average number of rounds of golf played across England, Scotland and Wales decreased by 7.5 percent in the first quarter of 2016 compared with the same period in 2015, following on from a disappointing final quarter of 2015. According to Sports Marketing Surveys (SMS), which released the latest golf ...
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News briefs
Hydra Ventures, the venturing arm of the Adidas Group, has...
Hydra Ventures, the venturing arm of the Adidas Group, has become an investor in 360fly, a Californian company that specializes in single-lens cameras capturing 360-degree videos. Hydra Ventures came on board as part of a Series C round of financing worth $40 million. It joins L Catterton and Qualcomm Ventures, ...
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News briefs
BM Sportech will handle the distribution of Adidas' textile and...
BM Sportech will handle the distribution of Adidas' textile and footwear offerings for pádel, the Spanish version of tennis, from the spring/summer 2017 season. BM Sportech is already the Spanish distributor of Prince and K-Swiss.
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News briefs
Adidas and Under Armour (UA) have reportedly settled a patent...
Adidas and Under Armour (UA) have reportedly settled a patent infringement lawsuit over wearable technology, which had been filed in Delaware by Adidas in February 2014 against UA and its subsidiary MapMayFitness. The dispute concerned 10 patents for a “location-aware” wearable tracking device that allows its users to monitor data ...
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News briefs
Osprey Europe is asking customers to check their Poco AG...
Osprey Europe is asking customers to check their Poco AG Child Carrier due to a possible buckle failure hazard, which might result in physical injury. The products concerned are the Poco AG models - Poco AG Premium, Poco AG Plus and Poco AG - purchased from Jan. 29, 2016. All ...
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News briefs
Under Armour (UA) said it will pursue all business and...
Under Armour (UA) said it will pursue all business and legal courses of action against Uncle Martian, a Chinese brand accused by UA of plagiarism. The Chinese brand allegedly used a logo very similar to UA's in a recent launch event whose pictures went viral on China's social networks. Similarly ...
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News briefs
Dave Allen has been named senior vice president of sales...
Dave Allen has been named senior vice president of sales for Vista Outdoor, reporting to the company's chairman and chief executive, Mark DeYoung. He was most recently the president of Coleman USA. He was previously in charge of sales and marketing in the Americas for this brand of Jarden Corp., ...
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News briefs
Mavic, a brand of Amer Sports, will soon be distributed...
Mavic, a brand of Amer Sports, will soon be distributed in the Netherlands directly by Amer's Dutch office. Mavic, a French bicycle parts maker, has been part of Amer Sports' portfolio since 2005, and has been distributed in the Benelux by Codagex. The change in the distribution strategy is effective ...
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News briefs
Sports Direct International (SDI) is among the parties that have...
Sports Direct International (SDI) is among the parties that have reportedly shown interest in acquiring BHS, a British retailer with 164 stores specializing in clothing and household items, which went into administration (a form of bankruptcy) earlier this month. Talks held with Mike Ashley, majority shareholder of SDI, fell through ...
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News briefs
Performance Sports Group (PSG) has announced that Rich Wuerthele, its...
Performance Sports Group (PSG) has announced that Rich Wuerthele, its hockey executive vice president, is leaving on May 20. PSG is the parent company of several brands including Bauer, Cascade, Combat, Easton, Mission, Maverik and Inaria. Wuerthele joined PSG in 2014. He will now return to Newell Brands, where he ...
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News briefs
Polygiene, the Swedish odor control technology provider, has announced three...
Polygiene, the Swedish odor control technology provider, has announced three new partners for the spring 2016 season. The new brands it will work with are Dakine, Adidas and Propper. Dakine will collaborate with Polygiene on new mountain bike products, Adidas will feature Polygiene technology in a series of its products, ...
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News briefs
Helly Hansen has announced it will reward the best comments...
Helly Hansen has announced it will reward the best comments on its “What's on Your Horizon?” Facebook page. Between April 18 and May 15, online visitors will have a chance to comment on Facebook about their summer plans and how the product they see on the brand's What's on Your ...
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News briefs
Dorel Sports has appointed Dean Stojanovic as vice president of...
Dorel Sports has appointed Dean Stojanovic as vice president of international sales operations. Dorel Sports, a segment of Dorel Industries, owns a large portfolio of brands in the cycling and recreational industries including Cannondale, Caloi, Schwinn, GT, IronHorse, Kid Trax, Mongoose, Charge, Guru, Fabric, and Sugoi. Stojanovic, who will be ...
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News briefs
Jan Rosenberg has been appointed as the new chief executive...
Jan Rosenberg has been appointed as the new chief executive of Silhouette International, the eyewear licensee of Adidas, taking the place of David Rogger after two years in service. He will work together with Thomas Windischbauer, chief operating officer and chief financial officer of the big Austrian-based company founded and ...
