All News briefs articles – Page 646
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News briefs
Nike's chief executive, Mark Parker, saw his compensation increase by...
Nike's chief executive, Mark Parker, saw his compensation increase by nearly 15 percent to $16,819,730 in the financial year ended last May. The greater part of the rise came from incentive compensation, which grew to more than $4 million from $2.5 million in the previous year, in direct relation to ...
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News briefs
John McCarvel, who retired as president and chief executive of...
John McCarvel, who retired as president and chief executive of Crocs last April, has become lead investor and chairman of Xero Shoes, a U.S. company that produces versatile and lightweight performance and recreation sandals. Dennis Driscoll, who joined Xero three years ago and is now acting as its chief product ...
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News briefs
Edwin Haid is leaving as chief executive of Gonso, the...
Edwin Haid is leaving as chief executive of Gonso, the German bikewear brand, after nearly two years in the job. Simone Mayer and Lothar Baisch, who head up Gonso's parent company, Maier Sports, are taking over his reponsibilities.
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News briefs
Skechers USA has signed an endorsement contract with the Darmstadt...
Skechers USA has signed an endorsement contract with the Darmstadt 1898 football team in Germany for the 2015/16 playing season. It will not provide football boots for the team's players, but rather casual shoes to be worn off the pitch. The club, which was formerly sponsored by Nike, has remained ...
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News briefs
Dainese, the Italian specialist in protective wear for sports and...
Dainese, the Italian specialist in protective wear for sports and motorcycling bought by Investcorp last November, posted a sales increase of 9 percent last year to €127.9 million. The operating income before amortization (Ebitda) rose by 47 percent to €12.8 million. The net result moved from a loss of €1.8 ...
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News briefs
Nike has signed a sponsorship deal with Karl-Anthony Towns, the...
Nike has signed a sponsorship deal with Karl-Anthony Towns, the No. 1 pick in the NBA draft in June. The terms of the deal were not disclosed. Towns played for one season at the University of Kentucky and was selected in the first round of the draft by the Minnesota ...
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News briefs
Decathlon plans to open a store in the suburbs of...
Decathlon plans to open a store in the suburbs of Stockholm in the course of next year. It currently has only one store in Sweden that was opened in 2013, when it closed its original flagship store in the country. Decathlon launched its own e-commerce platform in Sweden last spring.
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News briefs
Srixon Sports Europe, a subsidiary of Dunlop Sports, has signed...
Srixon Sports Europe, a subsidiary of Dunlop Sports, has signed a new partnership deal with The Ladies European Tour. As an Official Partner of the Tour, it will provide golf balls to be used for all pre-tournament practice sessions.
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News briefs
In the U.K. the number of golf rounds played during...
In the U.K. the number of golf rounds played during the second quarter increased by 3.5 percent compared with those played in the same period of 2014, and the number grew by 6.7 percent for the first half of the year, according to the figures recently released by Sports Marketing ...
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News briefs
Skullcandy, which is moving into lightweight wireless earbuds and headphones,...
Skullcandy, which is moving into lightweight wireless earbuds and headphones, saw its sales increase by 8 percent to $57.9 million in the second quarter. They rose by 5 percent to $41.3 million in the U.S. and by 16 percent to $16.7 million in other markets, with growth of 24 percent ...
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News briefs
In a preliminary trading statement, JD Sports Fashion said on...
In a preliminary trading statement, JD Sports Fashion said on July 31 that it was expecting its headline pre-tax income to be about 10 percent higher than the current consensus among financial analysts of £110 million (€155.4m-$170.5m). It confirmed that it suffered some loss of margin from the weakness of ...
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News briefs
Michael Jordan has lost the lawsuit he had filed in...
Michael Jordan has lost the lawsuit he had filed in the Chinese courts against Qiaodan Sports for using a name and images similar to his own Jordan brand with Nike. The former Chicago Bulls basketball player is known in China as “Qiaodan,” a Chinese version of his name. “Qiaodan” is ...
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News briefs
Sport Finance, the successful French licensee for Kappa and Robe...
Sport Finance, the successful French licensee for Kappa and Robe di Kappa, has secured two important new distribution agreements. The company will become the distributor of Prince in France from Sept. 1, fitting in well with its licensing deal for Sergio Tacchini apparel. It will also handle the distribution of ...
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News briefs
Puma's good performance in the second quarter helped Kering to...
Puma's good performance in the second quarter helped Kering to raise its revenues in the Sport & Lifestyle segment by 15.5 percent to €1.7 billion in the first half of this year. Together, Volcom and Electric grew by 15.3 percent to €129 million in euros but were down by 1.4 ...
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News briefs
Niki Lauda, the famous Austrian Formula 1 champion, has reported...
Niki Lauda, the famous Austrian Formula 1 champion, has reported acquired a stake of more than 10 percent in Signa Retail, the Austrian-based real estate company that controls the Karstadt department store chain and the Karstadt Sports stores in Germany, through his foundation. The car racer is also investing in ...
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News briefs
After 19 years of collaboration, Zeis Excelsa will stop distributing...
After 19 years of collaboration, Zeis Excelsa will stop distributing Merrell in Italy after the end of this year. By then, it will also have closed or converted its six Merrell stores in Italy. The new Italian distributor of the brand will be a company called Premiere Distribution. More on ...
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News briefs
A total of 2,843 “industry guests” attended Efftex, the European...
A total of 2,843 “industry guests” attended Efftex, the European fishing tackle show, held in Warsaw last month, which hosted about 200 exhibitors. Out of all the visitors, 1,290 didn't wear exhibitor's badges, with wholesalers and retailers taking shares of 48 and 34 percent, respectively. Predictably, Poland came at the ...
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News briefs
361 Degrees, the Chinese sportswear brand, reports that the comparable...
361 Degrees, the Chinese sportswear brand, reports that the comparable store sales of its franchisees advanced by 7.2 percent for the second quarter of this year, with an average retail discount of 28 percent and channel inventory of four months. This is based on the performance of 3,707 stores out ...
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News briefs
Thierry Lavigne, a 46-year-old sporting goods retailer who operates five...
Thierry Lavigne, a 46-year-old sporting goods retailer who operates five stores in the region of Bordeaux, has been elected as the new president of the cooperative of independents affiliated with Sport 2000 in France, replacing Yannick Morat. He will work with Christophe Mostaert, the new general manager appointed by Activa ...
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News briefs
GoPro has reported on another big jump of 71.7 percent...
GoPro has reported on another big jump of 71.7 percent to $414.9 million in its revenues during the second quarter ended June 30. Sales outside the U.S. represented more than 50 percent of the total turnover during the quarter, as combined sales in Europe, the Middle East and Africa (EMEA) ...
