All News briefs articles – Page 686
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News briefs
Odlo has opened a shop-in-shop at the NK department store...
Odlo has opened a shop-in-shop at the NK department store in Stockholm. The move is a part of the company's strategy to establish itself on the Swedish market. Odlo also sells its products to about 20 Stadium stores throughout Sweden as well as a number of specialist retailers. The brand ...
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News briefs
Sports Direct is entering the Swiss market, opening a store...
Sports Direct is entering the Swiss market, opening a store in Bern this month. Located at 27 Zeughausgasse, it will spread over three floors. Swiss observers have expressed strong concern about the move, noting that Sports Direct is taking the place of the former flagship store of Universal Sport, ...
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News briefs
Head may be forced to go private following a negative...
Head may be forced to go private following a negative vote on a resolution proposed at a general shareholders' meeting on Dec. 3 to increase the nominal value of its shares by drawing on the company's own reserves. The Vienna Stock Exchange had informed Head that its listing would be ...
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James Rodriguez is releasing a personalized range of men's underwear,...
James Rodriguez is releasing a personalized range of men's underwear, following in the footsteps of Cristiano Ronaldo and David Beckham. The Colombian midfielder, who plays with Ronaldo at Real Madrid, modeled the J10 branded range after teaming up with Colombian brand Bronzini. The athlete became one of the world's most ...
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News briefs
Socrep is opening a new showroom in Milan, in via...
Socrep is opening a new showroom in Milan, in via Morimondo, which will host the brands Canada Goose, Manhattan Portage and Fred Perry. The move is part of a series of openings by the Italian importer of sporting goods that also includes new showrooms in Verona, Prato, Rome and Trani. ...
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News briefs
Goldwin's sales inched up by 1.6 percent to 14.9 billion...
Goldwin's sales inched up by 1.6 percent to 14.9 billion yen (€103.69m-$128.85m) in the six months ended Sept. 30. The Japanese company, which opened a European subsidiary in Switzerland in 2012 and a U.S. subsidiary last year for its ski and compression apparel, reported an operating profit of ¥311 million (€2.16m-$2.69m) for ...
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News briefs
Skullcandy is projecting sales increases of between 10 and 12...
Skullcandy is projecting sales increases of between 10 and 12 percent for this year and for 2015, partly through its international development program, which calls for a 50 percent share of total turnover outside the U.S. The leading American supplier of headphones sees potential for growth also in sports performance ...
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News briefs
Alibaba Group's share price reached new highs, trading above $115...
Alibaba Group's share price reached new highs, trading above $115 a share and reaching a market capitalization above $280 billion, after reporting strong results for the third quarter ended Sept. 30 and announcing that it generated record sales of $9.3 billion through its marketplaces on Nov. 11 in connection with ...
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News briefs
Descente has reported a 14 percent increase in revenues to...
Descente has reported a 14 percent increase in revenues to 57.13 billion yen (€397.52m-$494.03m) in its revenues for the first half ended Sept. 30, implying a 12 percent increase in the second quarter. Net earnings went up to ¥2,775 million (€10.31m-$24.00m) in the first half from 1,813 million in the corresponding period ...
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News briefs
Columbia Sportswear has adopted Centerstone Technologies' Ivendix online B2B platform...
Columbia Sportswear has adopted Centerstone Technologies' Ivendix online B2B platform to service its European dealers with its Columbia, Sorel and Mountain Hardwear brands. The new platform will be launched with the spring/summer 2015 reorder season. With more than 35,000 users, Centerstone claims that its secure, multi-lingual, multi-currency ordering platform is ...
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News briefs
In presenting Nike's spring/summer 2015 women's collection in New York,...
In presenting Nike's spring/summer 2015 women's collection in New York, accompanied by 27 top athletes, Mark Parker, chief executive of the group, said that it expects to raise its annual revenues from women-specific products by $2 billion to $7 billion in the next three years. “Sport and fitness are powering ...
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News briefs
Yonex saw its net income rise by 44 percent to...
Yonex saw its net income rise by 44 percent to 1,730 million yen (€12.00m-$14.94m) in the first half ended Sept. 30. Operating income went up by 39 percent to ¥1,579 million (€10.96m-$13.64m) on 9 percent higher sales of ¥23.79 billion (€0.17m-$0.21m).
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News briefs
Patrik Frisk, 51, has left VF Corporation to become the...
Patrik Frisk, 51, has left VF Corporation to become the new chief executive of the Aldo Group, a big international, Montreal-based chain of more than 1,700 corporate and franchised shoe shops. A former manager of Peak Performance and W.L. Gore & Associates, Frisk joined VF in 2004 as country manager ...
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News briefs
Adidas is reportedly preparing an offer to pay €60 million...
Adidas is reportedly preparing an offer to pay €60 million a year to win the contract with the FC Barcelona team, which is held by Nike until 2018. According to the Spanish press, the Swoosh is currently paying €30 million a year for the contract, compared with Adidas' annual contractual ...
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News briefs
Net income increased by 67 percent at Globeride for the...
Net income increased by 67 percent at Globeride for the six months ended Sept. 30, reaching 1,977 million yen (€13.72m-$17.08m). Operating income increased by 29 percent to ¥3,161 million (€21.94m-$27.31m) as revenues went up by 13 percent to ¥39.51 billion (€274.18m-$341.34m) at the Japanese company, formerly called Daiwa Seiko.
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News briefs
GoPro, the American action camera company that went public in...
GoPro, the American action camera company that went public in June, raising $427 million, says it is planning a secondary offering worth a total of $800 million. Existing shareholders would sell shares worth $700 million and the balance of $100 million would come from newly issued shares. The additional funds ...
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News briefs
Under Armour (UA) has announced the addition of a well-known...
Under Armour (UA) has announced the addition of a well-known soccer player, Jermaine Jones, to its roster of sponsored athletes. The central midfielder, who played in the U.S. team at the latest Fifa World Cup in Brazil, recently joined the New England Revolution of Major League Soccer (MLS). Jones will ...
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News briefs
Adidas will be the official partner and kit supplier of...
Adidas will be the official partner and kit supplier of New York City FC, a new global football team that will join Major League Soccer next year. The Three Stripes will also outfit its Academy Team and sell a range of licensed merchandise at the flagship Adidas store in the ...
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News briefs
Crocs has elected McKinney as its global advertising agency. It...
Crocs has elected McKinney as its global advertising agency. It will immediately start with the brand's “Find Your Fun” campaign, focusing on the U.S., U.K., Germany, China, Japan and South Korea. This is the first global deal for the American agency since it was bought two years ago by a ...
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News briefs
The Labour Advisory Committee appointed by the government of Cambodia...
The Labour Advisory Committee appointed by the government of Cambodia has decided to raise the minimum monthly wage for workers in the country's textile, apparel and footwear sectors by 28 percent from the start of next year. The new minimum wage of $128 is a compromise between a the labor ...
