All News briefs articles – Page 635
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News briefs
Six mass participation cycling events have come together to form...
Six mass participation cycling events have come together to form the World Association of Cycling Events (WACE), with a mission to promote and increase cycling worldwide. The creation of the new body was announced following a meeting in Rome on Oct. 7. WACE cover various aspect of cycling, from urban ...
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News briefs
Lotto Sport Italia and Stonefly, which share some common ownership,...
Lotto Sport Italia and Stonefly, which share some common ownership, have been studying a possible integration of some of their operations, ranging from the supply chain to the retail network. It seems that the plan could come to fruition in terms of back-office operations during the first half of 2016. ...
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News briefs
Jarden Corp. expects to report sales figures for the third...
Jarden Corp. expects to report sales figures for the third quarter on Oct. 29 that will exceed the high end of its annual targeted range of 3-5 percent for organic growth. Earnings per share should fall within the financial analysts' consensus.
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News briefs
Lars Svendsen has sold Svendsen Sport and D.A.M. Tackle to...
Lars Svendsen has sold Svendsen Sport and D.A.M. Tackle to Maj Invest, a Danish private equity and asset management group, for 500 million Danish kroner (€66.9m-$76.0m). Svendsen has invested 40 million kroner (€5.4m-$6.1m) to secure a 15 percent stake in the company and will remain as managing director of Svendsen ...
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News briefs
Ochsner Sport, the Swiss-based subsidiary of Deichmann specializing in sports...
Ochsner Sport, the Swiss-based subsidiary of Deichmann specializing in sports retailing, will take over Sport Sperk, a German chain of 13 sporting goods stores based in Bavaria, with effect from Jan. 1, provided it gets regulatory approval. The stores include a factory outlet and a bike shop, and six of ...
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News briefs
The North Face (TNF) has launched what it describes as...
The North Face (TNF) has launched what it describes as its first-ever global brand campaign, with the slogan “Never Stop.” It builds on a campaign that previously ran in the U.S. market and has adopted the same pay-off. Focused on the concept of pushing boundaries, the campaign features activities from ...
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News briefs
Wolverine Worldwide, which is due to report its third-quarter results...
Wolverine Worldwide, which is due to report its third-quarter results tomorrow, told the Goldman Sachs Retail Conference last month that foreign currencies will continue to impact its profitability through the first quarter of 2016. Product costs are affecting gross margins, but they are slightly mitigated by lower commodity prices. Operating ...
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News briefs
Vaude is opening an entirely renovated headquarters in Tettnang, near...
Vaude is opening an entirely renovated headquarters in Tettnang, near Lake Constance, to accommodate 500 people, following a large expansion of its staff over the recent years. The German company spent about €7 million on the project, including the addition of 3,000 square meters of office space. It is an ...
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News briefs
New Era has opened its U.K. flagship location in London,...
New Era has opened its U.K. flagship location in London, at 40 Carnaby Street. The 1,540-square-foot store, which was inaugurated on Sept. 30, is split across two floors. The store features an embroidery machine where shoppers can customize their hats in only about 20 minutes. In addition, another featured service ...
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News briefs
Nike has extended its partnership with the National Women's Soccer...
Nike has extended its partnership with the National Women's Soccer League (NWSL), the women's professional soccer league, through the 2019 season. As part of a wide relationship that started in 2012, Nike is the official uniform, apparel and equipment provider for all nine NWSL clubs, and it will outfit any ...
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News briefs
The North Face was planning to inaugurate its first store...
The North Face was planning to inaugurate its first store in Portugal on Oct. 17 in the presence of João (José Silva Abranches) Garcia, the first Portuguese mountaineer to have reached the summit of Mount Everest without supplementary oxygen in 1999. A year later, after reaching the top of Annapurna, ...
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News briefs
Facing sluggish sales in some of its largest markets and...
Facing sluggish sales in some of its largest markets and tough pressure on margins due to adverse exchange rate changes, Mammut Sports Group has decided to close the rope production unit at its head office in Seon, Switzerland. It will be transferred from the start of September 2016 to an ...
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News briefs
Injinji, which makes performance toe socks with five toe sleeves...
Injinji, which makes performance toe socks with five toe sleeves for runners and fitness enthusiasts, has hired Julia Anderson as product coordinator and Claire Kooperman as digital marketing coordinator. Anderson was previously production coordinator for Mad Engine, creating licensed apparel for retailers such as Kohl's, Target and Walmart. Kooperman joined ...
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News briefs
Kevin Rolland has joined the Völkl team. The French freestyle...
Kevin Rolland has joined the Völkl team. The French freestyle skier, aged 26, won the gold medal at the 2009 FIS Freestyle World Ski and was a bronze medalist at the winter Olympics in Sochi in 2014. The ski-boots-bindings sponsorship is a three-year contract starting with the 2015-2016 winter season ...
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News briefs
The organizers of the London Golf Show are to introduce...
The organizers of the London Golf Show are to introduce a Women's Zone at the fair to support participation among women. It will be managed by Felicity Dunderdale of Fore! Women, an online women's guide to golf. The zone will be designed to encourage women to play golf, highlighting the sport's ...
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News briefs
The Vietnamese government has issued new regulations that specify...
The Vietnamese government has issued new regulations that specify the maximum amounts of formaldehyde and Azo dyes that can be used in textile products manufactured, imported and traded in the country. The regulations are scheduled to be enforced from February 2016. They make reference to updated international test standards. They ...
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News briefs
Thierry Kunz returned to the Nidecker group last month as...
Thierry Kunz returned to the Nidecker group last month as chief marketing officer and board member, after several years at the Quiksilver group. A former professional snowboarder and the founder of Donuts Snowboards, Kunz was already at the Swiss snowboarding group as head of marketing for five years until 2006. ...
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News briefs
In a preliminary statement, Yue Yuen Industrial Holdings said its...
In a preliminary statement, Yue Yuen Industrial Holdings said its operating revenues increased by 5.7 percent to $6.28 billion in the first nine months of this year. The growth was driven by Pou Sheng, the company's retail subsidiary, whose sales went up by 19.9 percent to $1.75 billion during the ...
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News briefs
Zalando warns investors that its sales will be up by...
Zalando warns investors that its sales will be up by between 33 and 35 percent in 2015, up from a previously forecast range of 28-31 percent, but they will generate an operating margin of 3 to 4 percent, less than the anticipated margin of 4-5 percent. The updated forecast for ...
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News briefs
Sports Marketing Surveys (SMS) has published a new study on...
Sports Marketing Surveys (SMS) has published a new study on international sporting participation, which is said to offer unprecedented comparative findings. The release of the report follows two years of research and the analysis of 27 sports in 21 countries on six continents. The survey of 63,000 households includes information ...
