All News briefs articles – Page 641
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News briefs
Runners Point, the German retail chain owned by Foot Locker,...
Runners Point, the German retail chain owned by Foot Locker, has moved into the Austrian market with its new, more specialist format, which focuses on running, to the detriment of brands such as Timberland or Vans. Runners Point has opened its first two stores in Austria, located in the SCS ...
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Leki has signed up Ted Ligety, a downhill ski champions...
Leki has signed up Ted Ligety, a downhill ski champions who has claimed 24 victories and 49 podiums in World Cup competitions. A native of Park City, Utah, he won gold medals at the 2006 Olympics in Turin and the 2014 Olympics in Tokyo. Ligety will race with Leki's Trigger ...
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Ispo Munich, which has made no major changes to its...
Ispo Munich, which has made no major changes to its basic layout in six years, is re-distributing the exhibition space in 11 of its 16 halls for the next Jan. 24-27 edition, creating better synergies between some segments and improving walking distances. The Health & Fitness segment will spread over ...
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Italia Independent has signed a four-year contract to develop, produce...
Italia Independent has signed a four-year contract to develop, produce and distribute the Adidas Originals line of eyewear. The news helped the eight-year-old Italian company to gain nine percentage points on the Italian stock exchange. The Adidas Originals eyewear line was previously produced by Silhouette International, a much bigger Austrian ...
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The Cycling Sports Group (CSG) of Dorel Sports is recalling...
The Cycling Sports Group (CSG) of Dorel Sports is recalling about 23,000 Cannondale mountain bikes sold in the U.S. because their OPI tem/steering tube assemblies can fail, posing a risk of injury from a fall. About 800 additional units were sold in Canada. This recall involves all model years 2011 ...
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Pon Holdings, the owner of Gazelle, Derby Cycle and other...
Pon Holdings, the owner of Gazelle, Derby Cycle and other brands, has announced changes at the head of Pon Bicycle Group. Armin Landgraf is the new chief executive, replacing the retiring Rob Oudshoorn, who has led Pon Bicycle Group since Jan. 1, 2013 and has been a member of the ...
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The sale of the Elan Group to Wiltan Enterprises and...
The sale of the Elan Group to Wiltan Enterprises and Merrill Lynch (see SGI Europe No. 26-25+26 of Aug. 10) has been completed with the return of state aid to the Slovenian government following a resolution by the European Commission, which challenged the legality of a €10 million subsidy given ...
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Global Surf Industries (GSI) is now entirely owned by its...
Global Surf Industries (GSI) is now entirely owned by its founder Mark Kelly, according to reports in the Boardsport Source news service. Kelly started the company in 2002. Since then, GSI has evolved into one of the largest surfboard and stand-up paddleboard companies in the world, with domestic operations in ...
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The World Federation of the Sporting Goods Industry (WFSGI) has...
The World Federation of the Sporting Goods Industry (WFSGI) has set up a new “Aerodynamics and Weight Limitation Working Group” in order to address the issue of UCI (International Cycling Union) weight limitation for road bikes. The new working group has been installed as part of WFSGI's Bicycle Committee. The ...
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The number of visitors to Sport-Achat, the French trade show...
The number of visitors to Sport-Achat, the French trade show staged in Lyon on Sept. 7-8, continues to increase. It went up by 6 percent to 2,151. The simultaneous Bikexpo fair was visited by nearly 760 professionals representing 450 stores. The higher attendance contrasted with a drop in the number ...
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Michael Millenacker has returned to Royal Robbins as its new...
Michael Millenacker has returned to Royal Robbins as its new chief executive, starting immediately and replacing Bob Orlando. He will also serve on the board directors of BRS Outdoor Holdings, owner of Royal Robbins, which is looking at new acquisitions (more on this and on the company in the next ...
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Acushnet Company raised its sales by 2.0 percent to $446.5...
Acushnet Company raised its sales by 2.0 percent to $446.5 million for the second quarter according to Fila Korea, which owns 12 percent of the parent company of Titleist and Footjoy, but the turnover was up by 4 percent on a currency-neutral basis. The gross margin improved to 53.1 percent ...
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News briefs
Callaway Golf Co. has issued 2,318,399 new shares to retire...
Callaway Golf Co. has issued 2,318,399 new shares to retire $17,388,000 worth of 3.75% convertible senior notes maturing in August 2019. The company will also make an unspecified cash inducement payment as part of the transaction, which will reduce the outstanding principal of the notes to $27,517,000. Earlier, Callaway had ...
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The ECF/Cycling Industry Club has received a €2 million subsidy...
The ECF/Cycling Industry Club has received a €2 million subsidy from the European Commission to be spent on a study of the effects of cycling on urban mobility and city-congestion. The announcement was made at the Advocacy Summit in Friedrichshafen on August 27. The meeting was held during the 2015 ...
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Decathlon, Timberland, Zara and about 20 other major international brands...
Decathlon, Timberland, Zara and about 20 other major international brands have signed exclusive partnership agreements with the Alibaba Group, establishing its Tmall.com website as the only third-party internet platform through which they will sell their products to consumers in China. In announcing these deals, Alibaba also said that it is ...
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Sport 2000 International and Adidas have been running since Aug....
Sport 2000 International and Adidas have been running since Aug. 1 an exclusive marketing campaign on Youtube to introduce the brand's X and Ace series of football boots, pushing traffic and sell-through of the products to the specialist dealers affiliated with the group.
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Since the autumn of 2014, there has been a steady...
Since the autumn of 2014, there has been a steady rise in the number of bankruptcies among Norwegian sporting goods retailers. The number increased from 15 bankruptcies in the first half of 2014, to 23 in the second half of last year, before rising further to 24 in the first ...
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Patagonia's wool supplier, Ovis 21, is at the center of...
Patagonia's wool supplier, Ovis 21, is at the center of an investigation by Peta (People for the Ethical Treatment of Animals) after the release of a graphic video which shows sheep and lambs on two Argentine ranches being skinned while they are still alive. Ovis 21 is one of the ...
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New Wave Group reported a 21 percent increase in consolidated...
New Wave Group reported a 21 percent increase in consolidated sales to 208 million Swedish kronor (€21.9m-$24.7m) for the second quarter, but 52 percent of the growth was attributed to currencies. The Sport & Leisure segment, which includes Craft, Cutter & Buck and the distribution of Speedo and Umbro in ...
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News briefs
The revenues of China Dongxiang rose by 28.4 percent to...
The revenues of China Dongxiang rose by 28.4 percent to 597 million yuan renmimbi (€82.9m-$93.4m) in the first half ended June 30, leading to a 202 percent jump in net income to RMB 290 million (€40.3m-$45.4m). A big boost came from a 46.4 percent sales increase to RMB 464 million ...
