All News briefs articles – Page 651
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News briefs
Bushnell has become the official rangefinder of the Ladies European...
Bushnell has become the official rangefinder of the Ladies European Tour (LET). Bushnell Outdoor Products claims that its laser rangefinders have made it the most recognized brand in distance-measuring devices for golf. More than 300 women from 36 countries are expected to participate in at least 24 tournaments in 18 ...
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News briefs
Zalando's listing on the Frankfurt Stock Exchange has been upgraded...
Zalando's listing on the Frankfurt Stock Exchange has been upgraded from the SDAX to the MDAX index of the 50 major German mid-cap companies. The market capitalization of the company has risen by 40 percent since it went public last October on the strength of its improved financial results.
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O'Neill is the first surf brand working with Parley for...
O'Neill is the first surf brand working with Parley for the Oceans. Its spring/summer 2015 collection features T-shirts, shorts and other garments made from fabric derived from recycled plastic found in the sea. They are slightly more expensive than regular models. G-Star and Adidas have partnered with Parley, too.
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Burton Snowboards reported late last month that its founder and...
Burton Snowboards reported late last month that its founder and chairman, Jake Burton, is expected to make a full recovery in the next few months, after undergoing treatment for a very dangerous and rare disease. He spent nearly two months on full life support at a hospital for a case ...
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Dwight Howard, the star center of the Houston Rockets, is...
Dwight Howard, the star center of the Houston Rockets, is reportedly switching to Peak Sport, the Chinese sports brand, after an endorsement agreement of about a decade with Adidas. Peak Sport has built its brand recognition around basketball, investing in sponsorship deals with players such as Tony Parker, George Hill ...
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News briefs
Himaraya, the large Japanese sporting goods retail chain, reports a...
Himaraya, the large Japanese sporting goods retail chain, reports a 52 percent increase in net income to 637 million yen (€4.7m-$5.2m) for the third quarter ended May 31 on 7 percent higher revenues of ¥20.23 billion (€150.6m-$166.4m). The gross margin inflated by 1.6 percentage points to 38.0 percent for the ...
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News briefs
The flagship store of the Galeries Lafayette department store chain...
The flagship store of the Galeries Lafayette department store chain in Paris presented the new American Hickies lacing system with a dedicated fitting station last month as an eye-catcher for the inauguration of its new sneaker section. The system has also been adopted by the Intersport voluntary group in Germany, ...
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News briefs
Peter Cowgill, executive chairman of JD Sports Fashion, is reported...
Peter Cowgill, executive chairman of JD Sports Fashion, is reported to have said that he would like to see its format rolled out in every major European city. Apparently he made the statement when opening a new 34,500-square-meter flagship store for JD at 201-203, Oxford Street in London. It is ...
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News briefs
Jin-Goon Kim, the former interim chief executive at Li-Ning, resigned...
Jin-Goon Kim, the former interim chief executive at Li-Ning, resigned as executive director and executive vice-chairman last week, marking his complete departure from the Chinese sportswear company. Li-Ning said he was leaving to pursue other business commitments. Kim was installed at Li-Ning from July 2012 by Texas Pacific Group (TPG), ...
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News briefs
A diversified Chinese group, Dalian Wanda Group Co., has closed...
A diversified Chinese group, Dalian Wanda Group Co., has closed the transaction for its planned acquisition of a majority stake in Infronts Sports & Media, the Swiss-based international sports marketing agency run by Philippe Blatter, from the Bridgepoint private equity group. The transaction is valued at about €1.05 billion.
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News briefs
Puma will come out next year with a new line...
Puma will come out next year with a new line of distinctive and functional sunglasses and other eyewear products that will include specific models for running and golf. They are being developed through a new partnership with Kering Eyewear, a new subsidiary of the eponymous French group that owns the ...
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News briefs
A majority of Rocket Internet's shareholders has decided to raise...
A majority of Rocket Internet's shareholders has decided to raise up to two billion euros in new funding through convertible bonds and other means to help it to become the biggest internet platform outside the U.S. and China. The Berlin-based company, which helped Zalando to start up, already has about ...
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News briefs
Diadora has reopened a production line at its factory in...
Diadora has reopened a production line at its factory in Caerano di San Marco, near Montebelluna, to make a “made in Italy” line of high-end sneakers in collaboration with leading sneaker stores. The goal is to reach an annual output of about 100,000 pairs. The plant has been closed for ...
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News briefs
Direct Golf, the U.K. golf retailer that is partly owned...
Direct Golf, the U.K. golf retailer that is partly owned by Sports Direct International (SDI), boasts that it is on target to achieve a record financial year after a tenth consecutive month of turnover growth. Its sales jumped by 27 percent in June compared with the same month last year ...
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News briefs
Eurojersey, the Italian maker of warp-knit fabrics, has entered a...
Eurojersey, the Italian maker of warp-knit fabrics, has entered a three-year partnership with World Wildlife Fund (WWF) Italia to protect the Mediterranean Sea, with particular emphasis on the protection of the loggerhead turtle. As part of the project, the Italian company has launched special versions of its Sensitive fabric as ...
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News briefs
Lotto and 1. FSV Mainz 05, the German Bundesliga club,...
Lotto and 1. FSV Mainz 05, the German Bundesliga club, have announced that they are resuming their former collaboration with a new sponsorship agreement. Starting from the 2015-16 season, and for five years, Lotto Sport Italia will become technical sponsor and official supplier to all the Mainz teams, including the ...
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News briefs
Dick Heckmann, a former chief executive of K2, and William...
Dick Heckmann, a former chief executive of K2, and William Grant has stepped down as director of Jarden Corp., after reaching the mandatory retirement age. One of the seats on the board will be filled until the 2017 annual meeting by Peter Hochfelder, a founder and former managing member of ...
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News briefs
The Migros Group has reported a 2 percent increase in...
The Migros Group has reported a 2 percent increase in its total turnover to 27.3 billion Swiss francs (€26.1bn-$29.6bn) in 2014. However, SportXX, the sporting goods retail chain of the cooperative, suffered a sales decline of 0.9 percent, despite an increase in the number fo stores from 54 to 57, ...
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News briefs
New Balance's sales soared by more than 20 percent to...
New Balance's sales soared by more than 20 percent to $3.3 billion last year, up from $2.93 billion the previous year, the company reported in an unrelated press release. The annual figure reportedly encompasses estimated sales by joint ventures and distributors, and they include sales from the group's secondary brands, ...
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News briefs
Billabong and Rip Curl won multiple awards at the 2015...
Billabong and Rip Curl won multiple awards at the 2015 Australian Surf Industry Awards, presented by the Surf & Boardsports Industry Association. The awards honor both retailers and brands. On the brand side, Rip Curl won for the product of the year in the boardshort, wetsuit and surfing accessory categories. ...
