All News briefs articles – Page 631
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News briefs
Jarden Corp. has raised net proceeds of $475 million from...
Jarden Corp. has raised net proceeds of $475 million from its previously reported secondary offering of 10 million shares, plus an additional 1.5 million shares as a greenshoe option. The proceeds will be used for the planned acquisition of Jostens.
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News briefs
Johnson Outdoors has acquired Seabear Diving Technology, an Austrian start-up...
Johnson Outdoors has acquired Seabear Diving Technology, an Austrian start-up specializing in underwater instrumentation. It makes electronic equipment for divers, such as smart watches and technical dive computers that can be used underwater. Arne Sieber, Seabear's founder and principal, is to join the diving unit of Johnson Outdoors, which predominantly ...
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News briefs
Pádel is a big sports activity in Spain. Both Asics...
Pádel is a big sports activity in Spain. Both Asics and Kelme have decided to move into the pádel equipment segment in the country. Kelme, which has its base in Spain, has announced the launch of its first line of sports-specific shoes and racquets. Asics Iberia says it will introduce ...
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News briefs
Lululemon has adjusted its organizational structure to support its strategic...
Lululemon has adjusted its organizational structure to support its strategic development with greater focus on design, innovation and upgraded operations. As part of this strategy, the yoga-inspired apparel company has eliminated the function of chief product officer and instead appointed Lee Holman as creative director to supervise both men's and ...
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News briefs
Nike has created an expensive version of its Air Jordan...
Nike has created an expensive version of its Air Jordan to mark the 30th anniversary of the brand, which has been generating an increasing amount of cash for the company. The new model, called Air Jordan 1 Pinnacle, features full-grain leather and 24-carat gold plating on the eyelets and other ...
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News briefs
Reebok has announced a sponsorship deal with Chris Weidman, the...
Reebok has announced a sponsorship deal with Chris Weidman, the undefeated American mixed martial artist who is the current UFC (Ultimate Fighting Championship) middleweight champion. Weidman, 31, who is also known as the “All American,” was presented with his own customized Reebok shoe, decked out in an American-flag decor. He ...
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News briefs
A new survey by Piper Jaffray, the U.S. investment bank,...
A new survey by Piper Jaffray, the U.S. investment bank, again ranked Nike as the favorite apparel brand among U.S. teenagers. About 27 percent of respondents pointed to Nike as their preferred clothing brand, way ahead of Forever 21 with 7 percent and American Eagle with 6 percent. Nike's popularity ...
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News briefs
The Quiksilver group, which filed for bankruptcy for its U.S....
The Quiksilver group, which filed for bankruptcy for its U.S. business in September, has reportedly asked bankruptcy authorities for permission to sell Ampla, its startup running-shoe brand, to two former employees for $200,000. Ampla was launched by Quiksilver two years ago but it's one of the assets that are no ...
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News briefs
Michael Klein has been placed in charge of Falke's Ergonomic...
Michael Klein has been placed in charge of Falke's Ergonomic Sport System, in a promotion from his previous role as innovation manager for the segment. The executive worked previously for Adidas and CEP.
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News briefs
W.L. Gore will restructure its various labels for items being...
W.L. Gore will restructure its various labels for items being introduced by manufacturers for the autumn/winter 2016/17 season, in connection with the launch of two new products, Gore Thermium and Gore Windstopper with Insulation. Designed to protect insulated fabrics from cold rain and snow, Gore Thermium has been adopted by ...
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News briefs
Bergans of Norway has signed a distribution contract for Switzerland...
Bergans of Norway has signed a distribution contract for Switzerland with ACE Alpine & Climbing Equipment. The territory was previously serviced from Bergans' German sales subsidiary. The deal will become operational with orders for the autumn/winter 2016/17 season.
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News briefs
Sales in the fitness division of Brunswick Corporation, the owner...
Sales in the fitness division of Brunswick Corporation, the owner of the Life Fitness brand, advanced by 4 percent to $197.5 million for the third quarter. They were driven by increased sales to U.S. health clubs, local and federal governments, and they included an acquisition finalized in the third quarter. ...
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News briefs
Moncler launched a new capsule collection in collaboration with FriendsWithYou...
Moncler launched a new capsule collection in collaboration with FriendsWithYou to celebrate the opening of its flagship store in Tokyo. FriendsWithYou, an art duo based in Los Angeles, will enliven Moncler's down jackets, t-shirts, sweaters and sneakers with pop images reproducing their art works. The new Moncler collection is entitled ...
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News briefs
Rossignol has signed a five-year partnership deal with CEA Tech...
Rossignol has signed a five-year partnership deal with CEA Tech for the development of innovative products for winter sports. CEA Tech is a French-based R&D organization, which develops technologies of interest to all industries. Like Rossignol, CEA Tech is also based in Grenoble, in southeastern France. Around 30 Rossignol staff ...
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News briefs
Frank Saeger is no longer in charge of sales in...
Frank Saeger is no longer in charge of sales in Germany, Austria and Northern Italy for Sealskinz. His functions will be taken over by Mike Storey, international sales director of the British supplier of sport socks company. The decision is said to be related to a recent investment in the ...
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News briefs
Manz, a German engineering company, has formally signed a partnership...
Manz, a German engineering company, has formally signed a partnership agreement with Adidas to contribute to its Speedfactory project. The company, based in Reutlingen, says the deal builds on the development of new automated production technology for sports equipment, allowing the design of custom-tailored shoe components, textiles and accessories to ...
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News briefs
Sports Connection, the distributor of Skechers in the Nordic countries,...
Sports Connection, the distributor of Skechers in the Nordic countries, says that its sales grew by more than 125 percent so far this year. The biggest growth took place in Denmark, the distributor's home market, but the other three Nordic countries – Sweden, Norway and Finland – also registered an ...
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News briefs
Decathlon opened its first store in Thailand earlier this month,...
Decathlon opened its first store in Thailand earlier this month, as part of a program to open five stores in Bangkok by the end of November. The stores are to be spread across the capital, including one right in the center, and they should cover between 1,700 and 2,700 square ...
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News briefs
Kettler says it has negotiated with employee representatives a rescue...
Kettler says it has negotiated with employee representatives a rescue plan involving the elimination of 198 jobs as part of wider restructuring measures. The German fitness and leisure equipment company went into self-administered receivership in June, while several investors were said to show interest in the family-owned company. Creditors supported ...
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News briefs
Fibo is taking measures to enhance its profile as a...
Fibo is taking measures to enhance its profile as a trade fair for the international fitness industry. Fibo attracted a record number of visitors last year, with 136,000 people turning up at the Exhibition Centre in Cologne, but the organizers want to provide more specific space and services for trade ...
