All News briefs articles – Page 609
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News briefs
Quiksilver's European Boardriders subsidiary is offering to exchange €200 million...
Quiksilver's European Boardriders subsidiary is offering to exchange €200 million worth of outstanding 8.875% senior notes due in 2017 with a new package of 9.500% senior notes due in 2020, plus cash, in order to reduce its indebtedness. The new package eliminates restrictive covenants and certain default terms associated with ...
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News briefs
Skechers USA was named 2015 Company of the Year and...
Skechers USA was named 2015 Company of the Year and honored with a design award for athleisure by the American Footwear Plus magazine. Meanwhile, Skechers continues to invest is sports sponsorships. While extending its contract with Meb Keflzighi, the American running champion, through 2023, the brand is since Jan. 1 ...
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News briefs
The London Golf Show 2016 will take place on Aug....
The London Golf Show 2016 will take place on Aug. 26-28 at Bluewater, moving from the show's traditional schedule in October/November. The 2015 show welcomed 14,881 visitors over three days, representing a 15 percent increase on the previous year. The number of exhibitors showed a similar increase. The Golf Show ...
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News briefs
Moncler obtained the transfer of 50 domain names that had...
Moncler obtained the transfer of 50 domain names that had been unfairly registered in its name by three Chinese residents after the Arbitration and Mediation Center at the World Intellectual Property Organization (WIPO) in Geneva said that the domains were registered in bad faith and used to sell counterfeit, low-quality ...
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News briefs
More than half of the British population, precisely 53.7 percent,...
More than half of the British population, precisely 53.7 percent, bought activewear over the last 12 months, according to recent figures from Verdict Retail. Thanks to a health and fitness culture being on the rise, activewear seems to have grown essential to consumers' wardrobes and habits, with 52.3 percent of ...
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News briefs
Descente posted a comprehensive net loss of 591 million yen...
Descente posted a comprehensive net loss of 591 million yen (€4.81m-$5.30m) in the third quarter ended Dec. 31 compared with a profit of ¥2,378 million (€19.3m-$21.3m) in the year-earlier period. The only reason was a foreign currency loss of ¥2,242 million (€18.2m-$20.1m). Excluding the currency effect, the gross margin expanded ...
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News briefs
Jarden Corp. has announced it expects sales of around $8.6...
Jarden Corp. has announced it expects sales of around $8.6 billion for 2015, consistent with its guidance, and organic revenue growth to be at the higher end of its targeted range of 3 to 5 percent. The company will file a Form 10-K, which includes final sales and earnings figures, ...
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News briefs
Garmin sales increased by 6 percent in the outdoor division...
Garmin sales increased by 6 percent in the outdoor division for the fourth quarter of last year, driven by the strength of outdoor wearables, although gross and operating margins for the segment were down slightly. Sales for the fitness segment were up by 14 percent for the three months, with ...
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News briefs
Amer Sports has announced that it will acquire Enve Composites...
Amer Sports has announced that it will acquire Enve Composites for $50 million in an all-cash transaction. Enve, based in Utah, is a maker of high-end carbon wheels, components and accessories for road and mountain cycling. The company has annual sales of around $30 million. The acquisition, which is expected ...
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News briefs
Sports Direct suffered a loss on its recently acquired Austrian...
Sports Direct suffered a loss on its recently acquired Austrian business of €45.6 million in its 2014/15 financial year, according to the local media, or three times as high as the loss of €17.8 million reported for the previous 8-month fiscal year. Sales declined to €188.7 million from €199 million, ...
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News briefs
The Rossignol group has completed the planned acquisition of Time,...
The Rossignol group has completed the planned acquisition of Time, a French bicycle brand which will help it to offset the vagaries of the snow season. Sylvain Noailly, vice president of the group in charge of marketing and business development, will take responsibility for this new business segment. Time made ...
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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 during the fourth quarter of 2015 was down by 7 percent as compared to the fourth quarter of 2014. According to Sports Marketing Surveys (SMS), all the regions suffered a decrease in the number of rounds played in ...
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News briefs
Nike has announced the appointment of Adam Sussman as Nike's...
Nike has announced the appointment of Adam Sussman as Nike's first chief digital officer. Sussman will report to Trevor Edwards, president of Nike Brand. The move is part of the company's plan to accelerate its digital strategy. In his new role, Sussman will be at the head of the team ...
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News briefs
Adidas has hired Dan Near as its new head of...
Adidas has hired Dan Near as its new head of Adidas Hockey for Adidas Group North America. He will report to Michael Rossi, general manager of Adidas Group Canada. Near joins from the National Hockey League (NHL), where he has worked for ten years. In addition to his background and ...
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News briefs
Adidas' three stripes got a big favor from the European...
Adidas' three stripes got a big favor from the European Court of Justice, which said that “Adidas may oppose the registration, as a community mark, of parallel stripes placed on the side of sports shoes.” The Office of Harmonization in the Internal Market (OHIM), which registers trademarks for the European ...
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News briefs
Adidas continues to sign new sponsorship deals in the U.S....
Adidas continues to sign new sponsorship deals in the U.S. It has inked a five-year contract to supply athletic footwear, apparel and accessories to the students of Northern Kentucky University competing in 17 sports through the 2020/21 season. The Big a is also taking the place of Nike as exclusive ...
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News briefs
Adidas gets a toehold in the French football team, sponsored...
Adidas gets a toehold in the French football team, sponsored by Nike, with a 10-year sponsorship control with Paul Pogba, a 22-year-old member of the team who did not have a footwear contract before. The deal is said to be valued at €40 million. Pogba is regarded as a star ...
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News briefs
Asics is launching a new global advertising campaign entitled “Want...
Asics is launching a new global advertising campaign entitled “Want it More,” which features real people pushing themselves hard to achieve their fitness goals. The campaign revolves around a 60-second TV spot on YouTube which links directly to a dedicated “Want it More” e-commerce area on the brand's website. The ...
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News briefs
After a positive experiment in London last year and a...
After a positive experiment in London last year and a more recent one near its head office in Lille, Decathlon is opening a small “Connect Store” with an internet kiosk to access its online store in the center of Munich, says an executive of the company, confirming a report in ...
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News briefs
Nike has terminated its endorsement contract with Manny Pacquiao after...
Nike has terminated its endorsement contract with Manny Pacquiao after the Filipino boxer made anti-gay remarks during a 30-second interview on a local television channelabout same-sex marriage, which he opposes. Pacquiao referred to humans engaged in same-sex mating as “worse than animals.” The athlete, 37, had been with Nike for ...
