All News briefs articles – Page 653
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News briefs
Maloja, the German sportswear brand, has opened its first store...
Maloja, the German sportswear brand, has opened its first store in South Korea, located in Seoul's Gangnam area, covering 300 square meters.
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News briefs
Direct Golf, the British golf retailer, says it continues to...
Direct Golf, the British golf retailer, says it continues to outperform the country's golf market with the ninth consecutive month of increasing turnover in May, compared with the same month one year earlier. Its sales soared by 39 percent in April and again jumped by 34 percent in May. Its ...
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News briefs
The second tranche of a share buyback program initiated by...
The second tranche of a share buyback program initiated by the Adidas Group in March was completed on June 15. This was a tranche with an aggregate acquisition cost of up to €300 million excluding incidental purchasing costs, but no more than 6 million treasury shares, to be repurchased exclusively ...
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News briefs
Peter Cowgill, executive chairman of the JD Sports Fashion group,...
Peter Cowgill, executive chairman of the JD Sports Fashion group, told shareholders at their annual meeting earlier this week that the company has made a strong start for the first 19 weeks of its new fiscal year, started at the beginning of February. The company said it was still pleased ...
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News briefs
Franz Koch, who left as chief executive of Puma in...
Franz Koch, who left as chief executive of Puma in March 2013 after only two years in the job, has become a managing partner of Mykita, a brand of designer eyewear in Berlin, with an undisclosed financial stake. He will oversee B2B sales, production, finance, IT and human resources. The ...
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News briefs
Henrik Fischer has resigned as deputy chief executive and chief...
Henrik Fischer has resigned as deputy chief executive and chief operating officer of Björn Borg. He will not be replaced. The company says it is making organizational changes in connection with the implementation of a new business plan for the underwear and fashion brand that is meant to turn it ...
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News briefs
Sportringen Thomas Wallahager is leaving as chief executive of Sportringen...
Sportringen Thomas Wallahager is leaving as chief executive of Sportringen after four years at the helm of this Swedish sports retailer, where brought up the number of stores from 50 to 220. Lars Palmgren, a former Intersport store manager who joined the company a few weeks ago, is taking over ...
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News briefs
The organizers of Fibo China, which will be held for...
The organizers of Fibo China, which will be held for the second time in September, are preparing a Fibo China Road Show to take place in nine cities in China this year. At stops in Wuhan, Luoyang, Qingdao, Shenyang, Beijing, Chengdu, Chongqing, Guangzhou, Xiamen and Xi'an, club operators as well ...
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News briefs
Millet will outfit the Spanish mountain skiing team, which comprises...
Millet will outfit the Spanish mountain skiing team, which comprises 23 sportsmen and seven technicians. The team members collected four gold medals in the latest World Championships and two in the Ski World Cup.
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News briefs
Nike has settled out of court the lawsuit it launched...
Nike has settled out of court the lawsuit it launched last December against three former designers who have moved to Adidas to run a new creative design studio in Brooklyn. Reportedly, the agreement was reached quite suddenly. The suit charged that the three former Nike officials - Denis Dekovic, Marc ...
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News briefs
Go Sport has partnered with Eco-Systems to offer its customers...
Go Sport has partnered with Eco-Systems to offer its customers the possibility of recycling their old electrical and electronic equipment (D3E) when purchasing a new product. Since May 1, the French sports retailer has been collecting the D3E in-store and when delivering products to its clients. Go Sport takes the ...
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News briefs
Speedo has signed a sponsorship deal with Missy Franklin, shortly...
Speedo has signed a sponsorship deal with Missy Franklin, shortly after the 19-year-old American swimming star engaged IMG as its sports marketing agent. Franklin, who has already won five Olympic medals, turned professional last March 23 after leading the women's team of the University of Califonia at Berkeley in the ...
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News briefs
Snow Factory is the new distributor for Icebreaker in Spain...
Snow Factory is the new distributor for Icebreaker in Spain and Portugal, starting with its spring/summer 2016 collections. Snow Factory is already the Spanish distributor of La Sportiva and other sports brands. Snow Factory has also reached an agreement to distribute the hydration products of Ultimate Direction in Spain and ...
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News briefs
Joma is entering the French Football League by signing up...
Joma is entering the French Football League by signing up the first-division Toulouse FC team for the next four seasons. Meanwhile, the Spanish brand continues to invest in sports sponsorships in distant markets, focusing on football. It has presented its first collection of uniforms developed as technical sponsor of the ...
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News briefs
Intersport Finland, part of Kesko Group, has signed a multi-year...
Intersport Finland, part of Kesko Group, has signed a multi-year cooperation agreement with the Finnish Ski Association to become the main partner of the national cross-country skiing team. Nordic skiing is the largest product group in winter for Intersport Finland, with around 200,000 pairs of cross-country skis and ski boots ...
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News briefs
Olaf Koch, president of the Metro group, has transferred the...
Olaf Koch, president of the Metro group, has transferred the management of Metro Cash & Carry from himself to the Russian country manager for this subsidiary of the German retail company, Pieter Boone. Boris Minialai, buying director of Metro C&C Russia, is taking over his place.
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News briefs
Summit Sports, a predominantly online retailer from Michigan specializing in...
Summit Sports, a predominantly online retailer from Michigan specializing in winter sports, outdoor, water and action sports products, has been purchased by Digital Fuel Capital, a U.S. private equity group focused on online business investments. Established as a store in Michigan, Summit Sports was one of the earliest online specialists, ...
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News briefs
Acushnet raised its sales by 1 percent to $416.2 million...
Acushnet raised its sales by 1 percent to $416.2 million in the first quarter. In constant currencies, they went up by 7 percent, with strong performance in the Europe, Middle East and Africa region as well as in the U.S., Canada, Australia and New Zealand.
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News briefs
Fitbit has filed a price range of $14 to $16...
Fitbit has filed a price range of $14 to $16 per share for its initial public offering, which would give the maker of wearable fitness tracking devices a market capitalization of $3.1 billion at the midpoint of the price range. The company will be selling 22.4 million shares and current ...
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News briefs
Intersport PSC reported a 16.7 percent drop in consolidated sales...
Intersport PSC reported a 16.7 percent drop in consolidated sales to 112.5 million Swiss francs (€108.9m-$118.7m) for the first six months of its financial year, ended on March 31, and its new management is forecasting a slight decline for the full year. However, the Intersport licensee for Switzerland enjoyed a ...
