All News briefs articles – Page 665
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News briefs
Sales increased by 4.1 percent at Acushnet Company in 2014,...
Sales increased by 4.1 percent at Acushnet Company in 2014, reaching $1,537 million, according to the financial documents filed by Fila Korea, which acquired the U.S.-based parent company of Titleist and FootJoy four years ago, in combination with other investors. Acushnet's operating margin dropped to 7.1 percent from 8.1 percent ...
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Puma has extended its 12-year-old partnership with the Italian Footwear...
Puma has extended its 12-year-old partnership with the Italian Footwear Federation (FIGC) for an unspecified number years into the next decade. The new contract, which is reportedly going to cost about €4.9 million a year, calls for increased marketing rights, while retaining the exclusive master license to actively manage FIGC's ...
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Basicnet has concluded a new financing package worth €15 million...
Basicnet has concluded a new financing package worth €15 million with Istituto di Credito Intesa San Paolo for the next four years, to be amortized on a quarterly basis. Meanwhile, the company's board of directors has decided to propose to its shareholders a new program to buy back shares for ...
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After screening more than 2,500 brands nominated across all sectors,...
After screening more than 2,500 brands nominated across all sectors, the World Branding Forum in Paris has named Speedo “Brand of the Year” in the sports fashion/swimwear category. Speedo has just launched the latest version of its athletic swimsuit, the LZR Racer X, saying that it has taken over 10,000 ...
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Contrary to previous expectations, 21sportsgroup, the German online and offline...
Contrary to previous expectations, 21sportsgroup, the German online and offline retailer based in Mannheim, has finally agree to take over Planet Sports, the German action sports retailer. The company had announced in January its intention to make the acquisition but then backed out of the deal, claiming that Planet Sports' ...
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News briefs
Amer Sports has transferred 290,596 of its treasury shares to...
Amer Sports has transferred 290,596 of its treasury shares to its personnel who participate in various performance share and stock incentive programs instituted in 2010 and 2013. This leaves Amer with 1,131,756 own shares, or 0.95 percent of the whole equity. Meanwhile, Amer's board of directors has approved a new ...
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News briefs
A U.S. federal court has awarded $3.3 million in damages...
A U.S. federal court has awarded $3.3 million in damages to Columbia Sportswear in its lawsuit against Fibretonics over its Omni-Heat technology, introduced in 2011. In the suit, filed in September 2013, Columbia had requested damages of $9.4 million, charging that Fibertronics' improperly aligned heating components in the wrist cuffs ...
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News briefs
Sport Achat, the French sporting goods fair, attracted 3,907 visitors...
Sport Achat, the French sporting goods fair, attracted 3,907 visitors for its winter edition, which took place in Lyon on March 9-11. The total attendance was virtually flat as compared to a year ago, and the buyers were said to have been cautious. The event showcased 634 brands. The next ...
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News briefs
Intersport has opened its largest store in France. Measuring 4,400...
Intersport has opened its largest store in France. Measuring 4,400 square meters, it is located at Plan de Campagne, north of Marseille. It is part of a plan to open a total of 25 stores in France in the course of this year.
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News briefs
Stuart Jones, the 40-year-old son of Sir David Jones, has...
Stuart Jones, the 40-year-old son of Sir David Jones, has been found not guilty of forging a bank statement in relation to the fraudulent payments that his father had allegedly received in 2009 from Dave Whelan, founder of JJB Sports, and Mike Ashley, president of Sports Direct International. Stuart Jones ...
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News briefs
Adidas will be working with one more advertising agency, 72andSunny,...
Adidas will be working with one more advertising agency, 72andSunny, in the important football, running, basketball and women's categories. It will keep working with Carat/Aegis and Johannes Leonardo, the latter remaining the main creative agency for Adidas Originals. With offices in Amsterdam and Los Angeles, 72andSunny counts clients such as ...
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News briefs
Inditex continues to develop its sports apparel offerings, according to...
Inditex continues to develop its sports apparel offerings, according to CMD. The Zara chain is expanding its presence in the segment by adding a line of children's sports clothing, addressing “sporty girls.” Another chain of the group, Pull & Bear, is entering the segment with a line of relatively technical ...
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News briefs
PAI Partners is considering the acquisition of Evans Cycles, a...
PAI Partners is considering the acquisition of Evans Cycles, a British chain of 50 bike stores that sells also online, according to The Telegraph. The Paris-based fund recently bought A.S. Adventure, the largest outdoor retailer in Europe.
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News briefs
Puma has appointed Johan Adamsson to the new position of...
Puma has appointed Johan Adamsson to the new position of sports marketing and sports licensing director, taking over some of the responsibilities of Christian Voigt, who has decided to leave the company. Adamsson, a Swedish national, will be based at the head office in Herzogenaurach. He has filled various roles ...
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News briefs
Zalando is shifting to a softer marketing strategy after blasting...
Zalando is shifting to a softer marketing strategy after blasting the market with its previous commercial spots, where its customers were screaming for joy when they received their orders. Its new 27-second spot alerts customers to get ready for the season's trends, featuring fashion models wearing a variety of styles ...
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News briefs
New Balance has announced a multi-year sponsorship agreement with England...
New Balance has announced a multi-year sponsorship agreement with England Athletics, the governing body for athletics in England, which supports athletics and running clubs. The brand will supply performance uniforms for all its representative teams, developing new designs across all disciplines and age groups. It will also offer exclusive discounts ...
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News briefs
Macron has signed a five-year partnership agreement with Brose Baskets...
Macron has signed a five-year partnership agreement with Brose Baskets Bamberg, the first German club to enter the Euroleague Top Sixteen and winner of six of the last 11 national championships. The team was previously with Adidas. The deal will start from the 2015/2016 season. Macron recently became the technical ...
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News briefs
Trocathlon, a bi-annual event that allows French consumers to sell...
Trocathlon, a bi-annual event that allows French consumers to sell old sports products to other customers at Décathlon stores, has turned into a permanent market. The French sports retailer has set up an online platform at trocathlon.fr this month that will enable consumers to do the same all year around. ...
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News briefs
Altamont Capital Partners, which took over control of Fox Head...
Altamont Capital Partners, which took over control of Fox Head last December, has appointed Paul Harrigton, former chief executive of Easton-Bell Sports, as the company's new CEO. He takes the place of Scott Olivet, who remains chairman of the company. Harrington led Easton-Bell for five years until 2013. He previously ...
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News briefs
Two leading American suppliers of sports protection equipment with operations...
Two leading American suppliers of sports protection equipment with operations also in Europe, Shock Doctor Sports and McDavid, announced last week an agreement to merge. Aside from their compression apparel, the product ranges of the two companies are largely complementary. Owned by Bregal Partners, a private equity investment company, Shock ...
