All News briefs articles – Page 628
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News briefs
The launch of the Spark, a sports and fitness watch...
The launch of the Spark, a sports and fitness watch integrating a heart-rate monitor and permanent activity tracking, among other features, supported sales growth of 5 percent to €146.0 million in the third quarter for the consumer product division at TomTom, excluding automotive hardware. Coming in several versions, the Spark ...
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News briefs
Puma opened a flagship store in the trendy Hackescher Markt...
Puma opened a flagship store in the trendy Hackescher Markt area of the German capital last week. The new store in Berlin Mitte has adopted Puma's Forever Faster concept on a surface of about 450 square meters. It offers a range of performance and sport style products, along with exclusive ...
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News briefs
A new top management is taking over at Galeria Kaufhof,...
A new top management is taking over at Galeria Kaufhof, the German department store organization that owns the Kaufhof Sportarena stores, following the retail group's takeover by Hudson's Bay. The executive board has been reduced from six to four members, with Olivier Van den Bossche acting as chief executive in ...
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News briefs
The third Oakley store in Germany has opened in a...
The third Oakley store in Germany has opened in a very sporty area of Munich. The 130-square-meter store is located on the central Sendlinger Strasse, right next to The North Face. It is operated by a retailer who also has a Nike shop in the same area. Oakley's two other ...
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News briefs
Puma has promoted Stefan Gnad as its new head of...
Puma has promoted Stefan Gnad as its new head of golf for Cobra Puma Golf Dach & Benelux. He will lead the Cobra Golf and Puma Golf business including footwear, apparel, equipment and accessories in the Dach & Benelux regions which comprise Germany, Austria, Switzerland, Belgium, the Netherlands and Luxembourg. ...
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News briefs
In a preliminary statement, Intersport's Swiss licensee, Intersport PSC, said...
In a preliminary statement, Intersport's Swiss licensee, Intersport PSC, said that its consolidated net profit rose to 1.9 million Swiss francs (€1.7m-$1.8m) in the latest financial year from CHF 1.5 million in the previous one. The results improved thanks to cost controls and extraordinary gains in spite of a decline ...
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News briefs
Scott Sports and John Struthers, who is said to be...
Scott Sports and John Struthers, who is said to be the largest wholesale distributor of bicycles and bike parts in Australia and New Zealand, have formed two new joint companies, Sheppard Cycles Australia and Sheppard Cycles New Zealand. Steve Praskevas, who will act as managing director of the two new ...
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News briefs
Mountain Warehouse, one of the major outdoor retailers in the...
Mountain Warehouse, one of the major outdoor retailers in the U.K., is launching a new chain of stores, called Zakti, that will cover gym, yoga, running, cycling, snow sports, dance and swimming, according to Retail Week. Competing against Sweaty Betty, it will initially target women. Zakti is opening two stores ...
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News briefs
Jack Wolfskin won one of the 15 German Design Awards...
Jack Wolfskin won one of the 15 German Design Awards given for 2016 in the sports, outdoor and leisure activities for its ergo-dynamic EDS backpack technology. The company's Texapore Downshell Tec jacket got a “special mention.”
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News briefs
Oaktree Capital Management, which has lent $175 million to Quiksilver...
Oaktree Capital Management, which has lent $175 million to Quiksilver to keep operating while its U.S. business is in bankruptcy proceedings, has reportedly retained Alix Partners as an advisor for the possible acquisition of the entire company. Quoting unnamed sources, Bloomberg says that other investors may be interested in Quik ...
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News briefs
Nautilus saw its revenues increase by 19.7 percent to $70.7...
Nautilus saw its revenues increase by 19.7 percent to $70.7 million for the third quarter. An increase of 24.3 percent in direct sales to $42.9 million was driven by demand for the Bowflex Max Trainer range, while cardio products and Select Tech dumbbell sales supported a retail sales gain of ...
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News briefs
Crocs reported a net loss of $27.8 million for the...
Crocs reported a net loss of $27.8 million for the third quarter, compared with net earnings of $12.0 million in the year-ago period. The loss came after non-recurring and special charges of $8.6 million in the latest period, compared with charges of $17.4 million a year earlier. Revenues declined ...
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News briefs
Fitbit reported sales of $409.3 million for the third quarter,...
Fitbit reported sales of $409.3 million for the third quarter, which was more than double the turnover of $152.9 million reached in the same quarter last year. The U.S. maker of connected health and fitness products said it sold 4.8 million devices during the quarter, but its net income shrank ...
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News briefs
With a record of 318 delegates registered for the event,...
With a record of 318 delegates registered for the event, the third edition of the European Outdoor Summit (EOS), held in Sheffield, England on Oct. 13-15, was described as a success. High-caliber chief executives and other managers were among the delegates, who came from 20 different European countries as well ...
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News briefs
MBT, the company reportedly acquired by Star 360 of Singapore...
MBT, the company reportedly acquired by Star 360 of Singapore for $10 million three years ago, is introducing next spring its own line of running shoes, consisting of three styles, accompanies by branded compression apparel and socks. The shoes feature the brand's rocker construction and use a proprietary sensor technology ...
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News briefs
The Brazilian sporting goods market increased by 6.7 percent to...
The Brazilian sporting goods market increased by 6.7 percent to 15.1 billion reais (€3,693.7m-$3,974.6m) in 2014, according to a local market research company, Iemi, which studies mainly the footwear and apparel segments. The growth is expected to soften to 2.5 percent this year. About one-third of the turnover is being ...
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News briefs
According to The Daily Mail, Sports Direct is one of...
According to The Daily Mail, Sports Direct is one of several British retailers that are facing the risk of an investigation by the Competition and Markets Authority (CMA) of the U.K. over allegations that they blocked negative reviews on their websites, cherry-picking instead positive comments made by customers. The reports ...
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News briefs
Authentic Brands Group, which recently acquired the Tretorn brand from...
Authentic Brands Group, which recently acquired the Tretorn brand from Puma, has appointed Marc Fisher Footwear as its footwear licensee. For Authentic Brands, which is more specialized in apparel, the deal indicates that the Tretorn brand will move more into the luxury market, especially in footwear.
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News briefs
Mountain Hardwear has appointed Steve Adams and Eric Betz as...
Mountain Hardwear has appointed Steve Adams and Eric Betz as product line managers for outerwear and equipment, respectively. Adams was most recently senior product manager for winter sports at Quiksilver. Betz acted as outerwear product developer at Marmot, and then as merchandise manager at Any Mountain and Vail Resorts for ...
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News briefs
Adidas is offering design resources and financial assistance to high...
Adidas is offering design resources and financial assistance to high schools in the U.S. that want to change their mascot names and identities, to move away from mascots with “potentially harmful” Native American imagery or symbolism. Aligned with the Adidas Group's “open source” strategy, the voluntary initiative was announced in ...
