All News briefs articles – Page 644
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News briefs
The organizers of the Outdoor Retailer show have decided to...
The organizers of the Outdoor Retailer show have decided to keep it in Salt Lake City for an additional two years, through the summer of 2018. The short extension will put pressure on the city and the state of Utah to alleviate the hotel situation. Earlier dates have also been ...
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News briefs
Descente will open its first European store in London in...
Descente will open its first European store in London in November. Located at 14-16, Foubert's Place, in the Carnaby Street area of the city, it will fill 700 square meters on three floors. The Japanese brand wants to add three to five more stores at various European locations.
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News briefs
Pentland Group disclosed that it has made an investment in...
Pentland Group disclosed that it has made an investment in Tracksmith, a developer of premium performance running apparel, based in Boston, participating with others in a $4 million round of financing. The investment will help Tracksmith to further expand the product offering, to boost marketing and to create physical training ...
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News briefs
The North Face (TNF) has entered into a four-year license...
The North Face (TNF) has entered into a four-year license deal with Intelligent Fabric Technologies to use ProTX2 in its outdoor apparel, footwear and equipment products. Under the terms of the agreement, TNF will exclusively use ProTX2 in all its products that integrate antimicrobial technologies. The deal also provides for ...
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News briefs
The European Outdoor Group, which organizes the European Outdoor Summit...
The European Outdoor Group, which organizes the European Outdoor Summit (EOS) taking place on Oct. 13-15 in Sheffield, England, have announced that Nick Clegg, a former U.K. deputy prime minister, will present the closing speech of the convention. A multi-lingual politician, he worked for five years for the European Commission ...
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News briefs
The World Federation of the Sporting Goods Industry (WFSGI) has...
The World Federation of the Sporting Goods Industry (WFSGI) has announced two new keynote speakers for the third WFSGI Manufacturers Forum, due to be held in Hong Kong on Dec. 2-3. Alex Thomas, vice president of supply chain and manufacturing/engineering strategy at VF Corporation, will cover topics around the reduction ...
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News briefs
The Fila Korea group has reported a net loss of...
The Fila Korea group has reported a net loss of 31.8 trillion Korean won (€23.9bn-$27.0bn) for the second quarter ended June 30, compared with a profit of KRW29.5 trillion in the year-ago period, on 2.7 percent higher revenues of KRW 200.7 million (€0.15m-$0.17m). The Korean operation suffered a 7.6 percent ...
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News briefs
Skechers has set up a new sales subsidiary in Panama...
Skechers has set up a new sales subsidiary in Panama to oversee more than 30 countries in Latin America including Panama, Peru, Colombia and Costa Rica. It will trade directly in these four markets instead of working with its largest distributor in the region, Dabsan International. The brand will take ...
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News briefs
Sequential Brands, owner of many brands including Avia, And1, Heelys...
Sequential Brands, owner of many brands including Avia, And1, Heelys and Revo, reported a net loss of $1.3 million for the second quarter, up from $0.6 million in the year-ago period, despite a 190 percent increase in revenues to $20.2 million. Adjusted operating earnings before amortization (Ebitda) jumped by 240 ...
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News briefs
Adidas is launching Standard 19, a new premium training collection...
Adidas is launching Standard 19, a new premium training collection for young urban consumers, which marks the return of the German brand in the premium sportswear niche just over a year after it discontinued SLVR. The new line is made up of materials including polyester, elasthane and merino wool. Climacool, ...
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News briefs
Beijing has won the bid to host the 2022 Winter...
Beijing has won the bid to host the 2022 Winter Olympic Games. It was not a big surprise, considering the Chinese government's determination to grow the country's involvement in sports and the fact that the Chinese capital will be able to use some of the facilities already built for the ...
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News briefs
Nautilus posted a 23 percent sales increase in the second...
Nautilus posted a 23 percent sales increase in the second quarter ended June 30. The strong growth, with sales reaching $59.7 million in the quarter, was driven by higher sales in both the direct and retail segments. The gross margins improved by 0.4 percent to 51.4 percent. Operating income from ...
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News briefs
Yonex has reported a 4 percent drop in net income...
Yonex has reported a 4 percent drop in net income to 246 million yen (€1.8m-$2.0m) on flat revenues of ¥11.67 billion (€85.7m-$94.0m) for the first quarter of its financial year ended on June 30. Sales were depressed by the termination of a contract with its Chinese agent and the transition ...
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News briefs
AGV has launched a dedicated website for its K-5 helmet,...
AGV has launched a dedicated website for its K-5 helmet, the most recent addition by the Italian company to its series of high-performance helmets. Among other things the K-5 helmet features the IVS ventilation system and is set up for the Share communication system. Additional information on the helmet, including ...
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News briefs
Intersport France is investing an additional €6 million in Manufacture...
Intersport France is investing an additional €6 million in Manufacture Française du Cycle, its own bike factory at Machecoul, in western France. Intersport took over the plant from Cycleurope in 2013 and since then it has invested more than €10 million in the facility, according to Usine Nouvelle, a French ...
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News briefs
Brunswick Corp. reported a 6 percent sales increase for the...
Brunswick Corp. reported a 6 percent sales increase for the second quarter, with revenues reaching $1,142.0 million. The sales increase was by 11 percent on a currency-neutral basis. Reported net earnings of $107.6 million compared with net earnings of $87.1 million in the second quarter of 2014. Sales in the ...
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News briefs
Another Japanese firm, Dunlop Sports, had an implied 62 percent...
Another Japanese firm, Dunlop Sports, had an implied 62 percent increase in net income to 437 million yen (€3.2m-$3.5m) for its second quarter, ended June 30, on 21 percent higher sales of ¥20.83 billion (€152.9m-$167.7m). The company benefited from better weather conditions than during the snowy spring of 2014, but ...
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News briefs
Globeride's net income rose by 8 percent to 878 million...
Globeride's net income rose by 8 percent to 878 million yen (€6.4m-$7.1m) as its sales went up by 4 percent to ¥20.19 billion (€148.2m-$162.6m). The fishing tackle specialist, previously called Daiwa Seiko, sees the Japanese economy recovering slowly.
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News briefs
Athletic footwear sales went up by 8 percent in the...
Athletic footwear sales went up by 8 percent in the U.S. during the first half of 2015, according to NPD, with average selling prices rising by 7 percent. Sales of men's and women's shoes both increased by 8 percent, while children's shoe continued their fast pace with growth of 11 ...
