All News briefs articles – Page 604
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News briefs
A highly publicized trio of former Nike designers, Denis Dekovic,...
A highly publicized trio of former Nike designers, Denis Dekovic, Marc Dolce and Mark Milner has finally joined Adidas. Dolce posted a photo of their three new Adidas badges on Instagram, on March 30. The trio's non-competition agreement with Nike went into effect when the group left the company, in ...
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News briefs
Paris' revamped Forum des Halles, whose modernization and expansion is...
Paris' revamped Forum des Halles, whose modernization and expansion is expected to cost around €1 billion, prominently features a new Nike store of 1,026 square meters under its new “canopy” roof and on one of its four corners. The store has dedicated areas for running, training, sportswear, men, women and ...
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News briefs
GoPro's stock exchange quotation has gone up and down lately....
GoPro's stock exchange quotation has gone up and down lately. It jumped by 19 percent after the company announced the nomination of a new vice president of design, Daniel (Danny) Coster, who has been a core member of Apple's industrial design team for over 20 years. He will directly report ...
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News briefs
Merrell is launching an e-learning program for the personnel in...
Merrell is launching an e-learning program for the personnel in any stores in France, similar to one that it recently introduced in the U.K., and the brand may take similar initiatives in other countries based on the results. In France, salespeople who are handling the brand can connect with a ...
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News briefs
The North Face has reportedly leased a space of nearly...
The North Face has reportedly leased a space of nearly 20,000 square feet on Fifth Avenue at 43rd Street in New York City for its flagship store in the Big Apple. TNF already has two other smaller stores in the Upper West Side and Soho districts of Manhattan.
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News briefs
Fibo, the trade fair for fitness, wellness and health organized...
Fibo, the trade fair for fitness, wellness and health organized by Reed Exhibitions Deutschland, set an all-time record this year. According to the organizers, the event attracted a total of 153,000 visitors to Cologne, as compared to 136,000 in the prior year, including 83,000 trade visitors from more than 100 ...
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News briefs
Volcom has for the first time a global head of...
Volcom has for the first time a global head of women's, Lyndsey Roach, who is coming to the California-based subsidiary of Kering with 15 years of experience in strategy, marketing, development and sales. She was already vice president of women's marketing at Hurley, the action sports brand owned by Nike, ...
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News briefs
Stadium plans to grow significantly in the next five years,...
Stadium plans to grow significantly in the next five years, but mainly outside of Sweden, partly in Germany. In an interview with a Swedish newspaper, Dagens Industri, Stadium's new chief executive, Karl Eklöf, said the goal is to grow from the present annual level of about 5.1 billion Swedish kronor ...
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News briefs
Les Sportives is the title of the new print magazine...
Les Sportives is the title of the new print magazine in France dedicated to women's sports. The first issue of the magazine was available at newsstands on April 8, at a price of €4.99. The contents is a blend of news, surveys, portraits and various sport-related subjects including health and ...
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News briefs
Intersport France managed a retail sales increase of 10 percent...
Intersport France managed a retail sales increase of 10 percent to about €1.7 billion including VAT last year, with a comparable sales rise of 5.3 percent. The turnover covers its affiliated stores in France and Belgium, although the Belgian share is tiny with only five stores. Intersport estimated that its ...
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News briefs
CORRECTION: Oakley generated about 11 percent of Luxottica's turnover of...
CORRECTION: Oakley generated about 11 percent of Luxottica's turnover of €8.8 billion last year, indicating sales of about €970 million under the brand. As Ray-Ban represented 27 percent of the group's turnover, this indicates sales of €2,380 million for the group's mega-brand of sunglasses.
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News briefs
Erima has budgeted investments of around €25 million to build...
Erima has budgeted investments of around €25 million to build a new head office and logistic center due to go onstream in the second half of 2017, occupying about 19,000 square meters at Kirchentellinsfurt near Tübingen. Called the Home of Teamsport, it will be located 10 km away from the ...
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News briefs
Pegasus International posted $4.4 million in net losses for its...
Pegasus International posted $4.4 million in net losses for its fiscal year, ended Dec. 31, marking a dramatic plunge from a net profit of $184,000 in 2014 due to a $5.4 million loss on exchange rate differences. Sales contracted by 3.7 percent to $74.7 million, as low double-digit declines in ...
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News briefs
Newell Rubbermaid, which agreed last December to acquire Jarden Corp....
Newell Rubbermaid, which agreed last December to acquire Jarden Corp. through a merger, has appointed Russ Torres to the newly-created position of chief transformation officer, starting on April 1. Reporting to Mark Tarchetti, who will become president of Newell Brands after the deal is completed, Torres will be in charge ...
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News briefs
A class action lawsuit, covering shareholders who acquired stock between...
A class action lawsuit, covering shareholders who acquired stock between Aug. 27, 2015 and March 7, 2016, has been filed against Performance Sports Group (PSG) after the company announced it would miss its most recent earnings forecast. PSG is accused of making false statements about the health of its business ...
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News briefs
Acting more like a marketplace, Zalando plans to introduce same-day...
Acting more like a marketplace, Zalando plans to introduce same-day delivery by sending orders directly from a retailer's store, instead of a warehouse, to the customer's home. Europe's largest online fashion retailer believes that this would shorten delivery times, increase stock availability and cut logistics costs in the long term. ...
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News briefs
Acting through a German bank, Landesbank Hessen-Thüringen, Amer Sports has...
Acting through a German bank, Landesbank Hessen-Thüringen, Amer Sports has issued €100 million in loan agreements with both fixed and floating tranches and lending periods of five and seven years. Like those that the company had already issued a few years ago, these so-called Schuldschein loans are certificates of indebtedness, ...
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News briefs
Alibaba is likely to overtake Walmart as the world's largest...
Alibaba is likely to overtake Walmart as the world's largest retail platform in its fiscal year ending March 31. The Chinese e-commerce giant indicated that it had reached 3 trillion yuan renminbi (€412bn-$462bn) in gross merchandise value (GMV) as of March 21. The figure, achieved on the back of consumption-driven ...
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News briefs
Diffusion Sport reports that Toni Amat started as sales director...
Diffusion Sport reports that Toni Amat started as sales director at Compressport at the beginning of March, after working at other specialist companies such as Precisport and Elements. Amat told the Spanish publication that the objective is to continue the Swiss brand's fast expansion of the last five years. The ...
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News briefs
Volcom, which belongs to Kering's Sport & Lifestyle segment since...
Volcom, which belongs to Kering's Sport & Lifestyle segment since 2011, has sold Electric through a management buyout to a group led by the brand's chief executive, Eric Crane. The asset deal became effective on March 16. In reporting its 2015 results, Kering said that Electric's sales declined due to ...
