All News briefs articles – Page 683
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News briefs
Poc, the Swedish maker of protective gravity sports gear, and...
Poc, the Swedish maker of protective gravity sports gear, and Volvo Cars will present a new safety technology from Ericsson to help avoid collisions between cars and cyclists at the International Ces (Consumer Electronics Show), which will take place in Las Vegas on Jan. 6-9. The new technology determines when ...
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News briefs
Nike has relaunched and rebranded its technical outdoor line, Nike...
Nike has relaunched and rebranded its technical outdoor line, Nike ACG, with a stronger positioning in the urban outdoor market. “Spanning outerwear, footwear and portable storage, the collection is designed to meet the demands for mobility and weather protection in any urban setting,” said Nike about the new NikeLab ACG ...
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News briefs
YKK, the world's largest manufacturer of zippers, is reportedly planning...
YKK, the world's largest manufacturer of zippers, is reportedly planning to invest $88 million in its Vietnamese factory to raise its annual production by 30 percent to 10 billion units by the end of 2016 and to double it by 2017. The additional capacity will become available by November 2015 ...
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News briefs
Lotto will be the main sponsor of María Teresa (Tita)...
Lotto will be the main sponsor of María Teresa (Tita) Torró, the rising star of Spanish tennis, for the next two years. The player broke into the women's top 50 for the first time in 2014. In April, she won her first singles title, at the Marrakech Grand Prix tournament ...
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News briefs
Nicolas Pelletier is set to replace Stéphane Saigre in March...
Nicolas Pelletier is set to replace Stéphane Saigre in March as general manager of Décathlon France, according to sport-guide.com. Pelletier has been involved with Décathlon's private running brand, Kalenji, since its launch ten years ago. He has been the brand's manager for the past six years. Saigre, who has been ...
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News briefs
Rossignol has opened a pop-up store in a Paris museum,...
Rossignol has opened a pop-up store in a Paris museum, the Grand Palais, to showcase a new, elegant line of urban clothing to promote its development in the sector. The store is set against the backdrop of a large ice skating rink that will remain in place for the holidays ...
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News briefs
Zalando reached an adjusted operating margin (Ebit) of 0.8 percent...
Zalando reached an adjusted operating margin (Ebit) of 0.8 percent in the third quarter, compared with a negative margin of 12.4 percent a year ago, on 24.2 percent higher overall sales of €501 million. Germany, Austria and Switzerland had the highest profitability with a margin of 3.9 percent, but sales ...
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News briefs
The Greek Fourlis Group reports a sales increase of 11.4...
The Greek Fourlis Group reports a sales increase of 11.4 percent to €91.3 million in the first nine months of this year for its sporting goods retail operations, consisting essentially of its Intersport stores. Earnings before amortization (Ebitda) improved by 47.7 percent to €6.6 million, leading to a pre-tax profit ...
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News briefs
Another Korean company, Youngone Holdings, posted a 11 percent increase...
Another Korean company, Youngone Holdings, posted a 11 percent increase in net income to 75,158 billion won (€54.7m-$67.4m) in the third quarter on 3 percent higher sales of KRW445,859 billion (€324.4m-$399.6m). Operating earnings declined by 2 percent to KRW94,689 billion (€324.4m-$399.6m).
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News briefs
Achim Löffler, a 12-year veteran of W.L. Gore & Associates...
Achim Löffler, a 12-year veteran of W.L. Gore & Associates who has been running its sports and outdoor footwear business since May 2013, is now officially in charge of Gore-Tex' global shoe business, including casual and formal shoes. The 43-year-old took charge of the whole sector a few months ago, ...
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News briefs
Amer Sports will have 260 mono-brand stores, 150 partner stores...
Amer Sports will have 260 mono-brand stores, 150 partner stores and 62 e-commerce sites in operation around the world by the end of the year. Salomon will have the biggest presence at the direct-to-consumer level with 196 branded stores and 29 web stores. It opened its first virtual store in ...
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News briefs
Macron and TSV München 1860 have signed a new technical...
Macron and TSV München 1860 have signed a new technical partnership agreement. The Bavarian football team will be sponsored by Macron for five years starting from the upcoming season 2015-2016. The Italian teamwear brand said this partnership is particularly important as it enables the company to enter into the growing ...
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News briefs
Amer Sports signed on Dec. 2 an agreement for a...
Amer Sports signed on Dec. 2 an agreement for a €150 million syndicated revolving credit facility for the next five years. Negotiated at favorable terms, it will be used for general corporate purposes including the refinancing of a €200 million syndicated loan obtained in 2011, which has now been terminated ...
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News briefs
Fila Korea turned around to a net profit of 20,984...
Fila Korea turned around to a net profit of 20,984 billion Korean won (€15.3m-$18.9m) in the third quarter ended Sept. 30 from a loss of KRW 8,346 billion in the same period a year ago. Revenues increased by 6 percent to KRW189,347 billion (€137.8m-$169.7m), but the gross margin declined slightly ...
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News briefs
Oakley is celebrating its 40th anniversary with the launch of...
Oakley is celebrating its 40th anniversary with the launch of a limited-edition book. Published by Assouline, a global luxury publisher based in New York City, the book is entitled Oakley, showcasing the brand's story while highlighting its disruptive design and industry innovation. The 220-page hard-cover volume is in a black ...
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News briefs
Total sales of sporting goods increased in Norway by 5...
Total sales of sporting goods increased in Norway by 5 percent in the first nine months of 2014, according to the local industry association, Sportsbransjen, which is predicting a record year for the sector. Year-on-year, sales declined slightly in the first quarter, but they were relatively good in the second ...
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News briefs
Chris Ronnie, the 52-year-old British manager who led the now-defunct...
Chris Ronnie, the 52-year-old British manager who led the now-defunct JJB Sports chain of sporting goods stores between August 2007 and March 2009, is facing a possible jail sentence along with two accomplices on Dec. 12. After an eight-week trial, a jury convicted Ronnie of receiving fraudulent payments of more ...
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News briefs
Björn Borg reports a 55 percent increase in net earnings...
Björn Borg reports a 55 percent increase in net earnings to 24 million Swedish kronor (€2.6m-$3.2m) in the third quarter, thanks to an improved gross margin of 52.4 percent, cost controls and discontinuing its Chinese operations. Sales increased by only 2 percent to SEK 163.7 million (€17.7m-$21.7m), but the Swedish underwear ...
