All News briefs articles – Page 599
-
News briefs
Reebok's new partnership with Ragnar Relay was officially launched on...
Reebok's new partnership with Ragnar Relay was officially launched on May 12 at Reebok's global headquarters in Canton, Massachusetts, ahead of Reebok Ragnar Relay Cape Cod, in the presence of the race participants, who had been invited to celebrate the new collaboration. The new multi-year partnership with Ragnar Relay, the ...
-
News briefs
Giant Manufacturing Co. reported a 17 percent drop in its...
Giant Manufacturing Co. reported a 17 percent drop in its sales in China in 2015. The big Taiwanese bicycle company said its sales were solid in the U.S. and Japan, but they improved only slightly in Europe because of the depreciation of the euro. Total revenues inched up by 0.6 ...
-
News briefs
Erima announced an increase in its total sales of 19...
Erima announced an increase in its total sales of 19 percent to €14 million in the first quarter of this year. As compared to the first quarter of 2015, sales in the German team sport specialist's domestic market grew by 27 percent. Strong increases were also recorded in Austria and ...
-
News briefs
Sales grew by 7.2 percent on a same-store basis at...
Sales grew by 7.2 percent on a same-store basis at the franchised stores of 361 Degrees in China during the first quarter. They went up by 7.5 percent at 361° Kids stores. Inventory turns reached rates of 4.2 and 4.1 times in the two store networks, respectively. The company ended ...
-
News briefs
TomTom has introduced the TomTom Golfer 2, a sport watch...
TomTom has introduced the TomTom Golfer 2, a sport watch with a second-generation GPS that uses automatic shot detection to provide detailed post-round analysis of the game. The golfer can see key golf course data like distance to hazards and green, and keep track of the score, distance and time ...
-
News briefs
Regatta and Dare 2b have been awarded the 2016 “Queen's...
Regatta and Dare 2b have been awarded the 2016 “Queen's Award for Enterprise: International Trade.” The honor is awarded in the U.K. in recognition of outstanding achievement in export. This is the third time the two brands have won the award, after winning in the same category in 2012 and ...
-
News briefs
Mild weather led to nearly stagnant sales of 520 million...
Mild weather led to nearly stagnant sales of 520 million Swedish kronor (€56.7m-$64.0m) in the first quarter for the sports and leisure division of the New Wave group, which includes the Craft, Seger, Cutter & Buck and Ahead brands, and the distribution of Speedo in Scandinavia, among other brands and ...
-
News briefs
Daniela Pörner, 57, has reportedly decided to resign as head...
Daniela Pörner, 57, has reportedly decided to resign as head designer for Willy Bogner for “reasons of age.” It's not sure who will take her place after her departure on April 30. She will subsequently consult for Bogner in the area of home shopping, retail and styling. Two other managers, ...
-
News briefs
Fresh from its agreement to buy Champion Europe for about...
Fresh from its agreement to buy Champion Europe for about €200 million (see our previous issue), Hanesbrands announced the acquisition of Pacific Brands for an enterprise value of $800 million, a regular dividend and a new stock buyback program worth up to $1 billion at today's prices. The purchase price ...
-
News briefs
According to preliminary figures, Zalando is expected to report a...
According to preliminary figures, Zalando is expected to report a sales increase of between 22.5 percent and 24.5 percent for the first quarter, meaning a turnover in a range between €788 million and €801 million. The adjusted operating margin (Ebit) declined to between 1.5 percent and 3.5 percent, down from ...
-
News briefs
The outdoor & action sports division of VF Corp, with...
The outdoor & action sports division of VF Corp, with brands like The North Face, Vans and Timberland, raised its sales by 2 percent to $1.6 billion for the first quarter ended on April 2. They were up by 4 percent in constant currencies, with increases of 8 percent for ...
-
News briefs
Nike is replacing Adidas as the sponsor of the University...
Nike is replacing Adidas as the sponsor of the University of Michigan's athletic department from next August. The 11-year contract is valued at $127.1 million. It gives Nike an option for a four-year extension.
-
News briefs
Adidas has announced the removal of plastic shopping bags from...
Adidas has announced the removal of plastic shopping bags from its own retail stores globally. The announcement was made on April 22, to celebrate Earth Day while reiterating the company's commitment to sustainability. The switch to paper bags has already begun, with Russia and Kazakhstan following in June. Adidas has ...
-
News briefs
Skechers USA is sueing once again Eliya over the designs...
Skechers USA is sueing once again Eliya over the designs of its Bernie Mev Gummies shoes, claiming that they infringe on the design patents for the pillow-celled sole of its own Skech-Air shoes. The two companies had stipulated a settlement over their dispute last year, but Skechers is taking Eliya ...
-
News briefs
Records were again smashed by Columbia Sportswear in the first...
Records were again smashed by Columbia Sportswear in the first quarter ended March 31, as sales increased by 10 percent to $525.1 million, up by 12 percent in constant currencies. The rise included sales growth of 7 percent to $51.3 million in Europe, the Middle East and Africa (EMEA), up ...
-
News briefs
Moncler is using RFID chips on all its products to...
Moncler is using RFID chips on all its products to allow consumers to verify their authenticity, starting with the current spring/summer collection. Consumers can check the alphanumeric code of the product on Moncler's website or use a smartphone app to scan the QR code built into the label.
-
News briefs
Confirming a report in Drapers magazine, Fran Allen, who has...
Confirming a report in Drapers magazine, Fran Allen, who has been vice president of New Balance for the Europe, Middle East and Africa (EMEA) region since February 2015, doesn't exclude the possibility that the company will take over the distribution in some other European countries, as it recently did in ...
-
News briefs
Phil Knight has told the American CNBC network that he...
Phil Knight has told the American CNBC network that he plans to step down in June as chairman of Nike, the company that he co-founded will Bill Bowerman in 1964. The successful 77-year-old entrepreneur, who remains one of the richest men in the U.S., will keep a position on the ...
-
News briefs
Vanessa Garcia Brito, senior director of communications & partnerships at...
Vanessa Garcia Brito, senior director of communications & partnerships at Nike has been appoint as chairperson of the Physical Activity Committee of the World Federation of the Sporting Goods Industry. She will be aided by three vice chairs: Kathleen Tullie, senior director of corporate social responsibility at Reebok International; Lars ...
-
News briefs
Sram has announced a restructuring program involving the layoffs of...
Sram has announced a restructuring program involving the layoffs of around 40 employees globally due to soft sales over the past year. The company said it intends to focus on new business areas in order to be more aligned with the competitive dynamics of the industry. The 40 employees it ...
