All News briefs articles – Page 668
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News briefs
Fourlis Group achieved a sales increase of 10.2 percent to...
Fourlis Group achieved a sales increase of 10.2 percent to €122.4 million for its sporting goods retail business last year. This comprises Intersport stores in Greece, Cyprus, Bulgaria, Romania and Turkey. The Ebitda for sports retailing was up by 43.2 percent to €10.8 million and pre-tax profit reached €4.3 million, ...
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News briefs
Acushnet delivered last year an operating margin of 10.5 percent...
Acushnet delivered last year an operating margin of 10.5 percent of revenues, which grew by 3 percent to US$1,537.6 million, a 4 percent increase in local currencies. It reached sales of $1,122.4 million with Titleist golf clubs and balls, and $415.2 million with FootJoy golf shoes.
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News briefs
Johnson Health Tech reached revenues of 16,646 million Taiwanese dollars...
Johnson Health Tech reached revenues of 16,646 million Taiwanese dollars (€480.4m-$529.0m) in the year ended last Dec. 31, up from TWD 15,428 million in the previous year. The Matrix Fitness line of fitness equipment boosted its sales by 19 percent globally.
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News briefs
Oakley launched on Feb. 17 a new marketing campaign in...
Oakley launched on Feb. 17 a new marketing campaign in 22 countries under the “One Obsession” tagline. It invited people to share the passions of any of the brand's 450 sponsored athletes including skateboarder Eric Koston, surfer Gabriel Medina, cyclist Mark Cavendish, all-star baseball player Matt Kemp, Moto GP champion ...
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News briefs
SportScheck will open a new store of 2,500 square meters...
SportScheck will open a new store of 2,500 square meters in Mönchengladbach on March 26, but it will shut down its store in Essen early next year, pulling away from the Ruhr area. With its 5,500 square meters, the store in Essen was just too big. The company hopes that ...
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News briefs
The New Balance Foundation has pledged $2.55 million toward a...
The New Balance Foundation has pledged $2.55 million toward a new initiative focused on the promotion of physical activity for children, in collaboration with the 100 Mile Club and ChildObesity180 at Tufts University. At the core of the collaboration is the New Balance Foundation Billion Mile Race, a nationwide campaign ...
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News briefs
The planned sale of Planet Sports to 21sportsgroup (SGI Europe...
The planned sale of Planet Sports to 21sportsgroup (SGI Europe n° 26-1+2 of Jan. 16) is off. In the course of the due diligence process, the latter stopped the transaction at the beginning of March. A few days later, the parent company of the German action sports retailer, Puccini Germany, ...
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News briefs
Adidas says that more than 30 percent of the cotton...
Adidas says that more than 30 percent of the cotton it sourced in 2014 was sustainable cotton, or Better Cotton, exceeding a target of 25 percent. It came mainly from farmers in India, Pakistan and Brazil. As a founding member of the Better Cotton Initiative, Adidas has pledged to use ...
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News briefs
Skullcandy reported a 34 percent sales increase to $96.8 million...
Skullcandy reported a 34 percent sales increase to $96.8 million for the fourth quarter of 2014, delivering a gross margin of 43.3 percent and a 97 percent improvement in operating income to $5.3 million. Net earnings jumped to $7.4 million from $3.6 million in the year-earlier quarter. The headphone brand's ...
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News briefs
Four investment funds have expressed interest in the acquisition of...
Four investment funds have expressed interest in the acquisition of Bogner, according to Reuters, but they are giving it a valuation of between €250 million and €300 million. That would be close to one year worth of revenues and ten times the company's operating profit before amortization (Ebitda), which amounted ...
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News briefs
Bright, the action sports fair held during the Berlin Fashion...
Bright, the action sports fair held during the Berlin Fashion Week, will move to a new location next July, to the Arena Glashaus, which already hosts Seek, the young fashion fair of Premium. Bright's exhibition space will increase from 3,500 to 5,000 square meters.
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News briefs
New Balance continues to add new football properties. It has...
New Balance continues to add new football properties. It has signed up the Scottish champion, Celtic FC, replacing Nike as the official sponsor of the Glasgow club for five years from the 2015/16 season. New Balance is only about 20 years younger than the Celtic team, which was founded by ...
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News briefs
Michel Perraudin, former executive board member at Adidas and current...
Michel Perraudin, former executive board member at Adidas and current board chairman of Odlo, is part of a group of investors who have acquired a minority stake in Ameo. That is the German company behind the Power Breather, a breathing device for swimmers that won the Ispo Brand New Award in ...
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News briefs
O'Neill launched a global advertising campaign this month focusing on...
O'Neill launched a global advertising campaign this month focusing on the “unreasonable” behavior of surfers and the conditions they have to face. It refers to the Californian board sports brand's perpetual drive for innovation, starting in 1952 with the group's emblematic founder, Jack O'Neill. The company boasts that O'Neill is ...
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News briefs
Alberto Gaudioso started as sales manager emerging markets at Asics...
Alberto Gaudioso started as sales manager emerging markets at Asics Europe from the beginning of February. Taking over from Ron van der Linde, his task is to support distributors in Europe as well as subsidiaries in Russia and South Africa. Gaudioso was previously marketing manager of Asics Iberia, a job ...
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News briefs
Migros has announced that it has taken over all shares...
Migros has announced that it has taken over all shares of Ryffel, the specialty running retailer. The Swiss retail chain had already acquired a majority stake from the founders, Urs and Markus Ryffel, in 2011. The brothers have now sold to Migros the remaining shares. SportXX, Migros' sporting goods chain, ...
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News briefs
Marcus Wibergh, chief operating officer of XXL ASA for all...
Marcus Wibergh, chief operating officer of XXL ASA for all the Nordic countries, has been appointed as Swedish country manager of the Norwegian sports retailers. He takes the place of Lars Bengtsson, who has chosen to act as the manager at a new XXL store due to be opened in ...
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News briefs
Following a pattern already established in China, apparel factories in...
Following a pattern already established in China, apparel factories in Vietnam reported that only half of their workers showed up on Feb. 26 to resume production after the Lunar New Year holiday, although more workers were expected to return by March 3. Vietnam exported $25.4 billion worth of textiles and ...
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News briefs
Renoun, an American ski brand that won an Ispo Gold...
Renoun, an American ski brand that won an Ispo Gold Award last month, has incorporated the proprietary D30 hyper-damping technology in its Endurance line. It is the first time that this British smart material has been used in ski hardware. It is already used by Burton and Scott Sports in ...
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News briefs
El Corte Inglés, VF Corp., Li & Fung and PVH...
El Corte Inglés, VF Corp., Li & Fung and PVH have agreed to start sourcing their apparel products from Azim Group in Bangladesh after the company agreed to negotiate with workers' unions at two of its 24 factories in the country. As reported by The New York Times, Azim will ...
