All News briefs articles – Page 711
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News briefs
On May 12, King Liu, founder and chairman of Giant,...
On May 12, King Liu, founder and chairman of Giant, completed a tour of 966 kilometers across the island of Taiwan in 12 days. It was a great performance for the Taiwanese entrepreneur, who is approaching his 80th birthday. In 2007, he had reportedly completed a shorter 927-km ride in ...
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News briefs
Moncler finished the first quarter with revenues of €145.4 million,...
Moncler finished the first quarter with revenues of €145.4 million, up by 16 percent in euros and by 19 percent in local currencies. With adjusted operating earnings representing 31 percent of sales before amortization (Ebitda) and 26.9 percent of sales before interest (Ebit), the Italian company's net income increased to ...
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News briefs
K2 has announced that Van Brinkerhoff, long-time group sales director,...
K2 has announced that Van Brinkerhoff, long-time group sales director, is retiring from his post this May. Brinkerhoff oversaw the sales of the Madshus, Atlas Snow-Shoe, Tubbs Showshoes and K2 Skate brands. The company has named Jason Tillinghast as the new sales director for K2 Outdoor, effective immediately. Brinkerhoff started ...
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News briefs
Intersport Germany has agreed to sponsor B2RUN, Germany's largest series...
Intersport Germany has agreed to sponsor B2RUN, Germany's largest series of public runs for companies. The event series of 6-kilometer runs was previously supported by the SportScheck chain. Under the new agreement with Intersport, the participating affiliated stores will be the official shops of B2RUN. Last year, 5,300 companies took ...
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News briefs
The German Sport 2000 is the new sponsor of the...
The German Sport 2000 is the new sponsor of the Opel Family Cup, a series of football tournaments for families. The idea behind the event is that all family members of any generation, from the children to the grandparents, play football together. Last year, when the Opel Cup premiered, 2,000 ...
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News briefs
Johnson Health Tech experienced a 203 percent jump in net...
Johnson Health Tech experienced a 203 percent jump in net income to 349.2 million Taiwanese dollars (€8.56m-$11.65m) in the first quarter on 10 percent higher revenues of TWD 3.66 billion (€89.75m-$122.08m). Sales grew by 20 percent at the company's commercial arm, Matrix Fitness, with growth of 24 percent in North America, ...
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News briefs
Fila Korea's consolidated operating income improved by 36 percent to...
Fila Korea's consolidated operating income improved by 36 percent to 29.6 billion Korean won (€21.31m-$29.00m) in the first quarter as the company's revenues rose by 17 percent to KRW 199.3 billion (€143.69m-$195.54m). Fila's athletic sales around the world increased by 9 percent to KRW 81.7 billion (€58.93m-$80.19m) during the quarter. Golf sales ...
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News briefs
Corrections: Crocs' total sales in Europe grew overall by 4.5...
Corrections: Crocs' total sales in Europe grew overall by 4.5 percent to $64.1 million in U.S. dollars and by 1.8 percent in local currencies during the first quarter of 2014.
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News briefs
At Goldwin, sales went up by 4.5 percent to 54.87...
At Goldwin, sales went up by 4.5 percent to 54.87 billion yen (€395m - $539m) for the financial year ended last March 31, and they generated a 14.5 percent increase in net income to ¥3.02 billion (€21.7m - $29.7m). The operating margin grew by 0.4 percentage points to 4.0 percent. ...
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News briefs
Hero Cycles, India's largest bicycle manufacturer, is acquiring a 47...
Hero Cycles, India's largest bicycle manufacturer, is acquiring a 47 percent stake in Mitteldeutsche Fahrradwerke (MIFA), the troubled German bicycle and e-bike maker. Through its subsidiary OPM Global, based in Amsterdam, Hero will buy shares worth up to €15 million in MIFA. This stands for a 10 percent capital increase ...
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News briefs
Giant Corporation reported a 7 percent sales increase in the...
Giant Corporation reported a 7 percent sales increase in the first quarter ended March 31 to 14.2 billion Taiwanese dollars (€348.24m-$473.68m), although its global production of bicycles and electric vehicles dropped slightly to 1.53 million units, down from 1.55 million units in the year-ago period. Net income improved by 10 ...
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News briefs
Accell North America has promoted Chris Speyer, currently chief operating...
Accell North America has promoted Chris Speyer, currently chief operating officer, to chief executive effective immediately. Speyer assumes leadership as Steve Meineke, who has led the organization for the past 10 years, leaves it to become president of Keen (see the related story in this issue).
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News briefs
Bregal Partners, which acquired Shock Doctor in March this year,...
Bregal Partners, which acquired Shock Doctor in March this year, and Michael Magerman, a consumer industry veteran, have announced that they are partnering to invest in enthusiast consumer brands. Bregal has committed $100 million to future investments, targeting product companies with authentic consumer brands that resonate with passionate consumers. In ...
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News briefs
Adams Golf, specialized in easy-to-hit equipment for golfers of all...
Adams Golf, specialized in easy-to-hit equipment for golfers of all skill levels, has unveiled a new Second Shot Centre at the Wentworth Club in Surrey, England. The facility, which features the latest Flightscope launch monitor technology and unique custom-fitting experience, enables Adams to reinforce the brand's focus on the second ...
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News briefs
Direct Golf has moved into cycling with the addition of...
Direct Golf has moved into cycling with the addition of £150,000 (€185,260-$252,510) worth of cycling stock to its flagship outlet in Huddersfield, West Yorkshire. The Bike-Shed.com store, which opened in the Huddersfield shop on May 10, is Direct Golf's first “store within a store” outlet and is supposed to be a ...
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News briefs
The supervisory board of Adidas AG has extended the mandates...
The supervisory board of Adidas AG has extended the mandates of two members of the executive board, Glenn Bennett and Robin Stalker, for a further three years until March 2018. Bennett, a U.S. citizen who is in charge of global operations, has been a board member since 1997. Stalker, who ...
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News briefs
Musto has adoped Centerstone Technologies' new “Navigate” internet interface. The...
Musto has adoped Centerstone Technologies' new “Navigate” internet interface. The tool allows sales reps, distributors and retailers to check Musto's stock availability, place immediate or forward orders and replenish on sizes and items. It is a new version of the iVendix tool that allows quick browsing through the brand's collections. ...
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News briefs
Greenpeace has taken advantage of the excitement over the World...
Greenpeace has taken advantage of the excitement over the World Cup to voice a claim that 33 products developed for the tournament by Adidas, Nike and Puma contain high levels of hazardous chemicals. The products criticized by the organization include Adidas' Brazuca ball, its Predator boot and Nike's Tiempo boot. ...
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News briefs
Holdsport, the South African retail group that went public last...
Holdsport, the South African retail group that went public last year, reported increases of 3 percent in sales as well as net income for the financial year ended on Feb. 28. Revenues of 1.42 billion rand (€100.22m-$136.30m) generated a net profit of R173.7 million (€12.26m-$16.67m) for the year. The company operates 20 ...
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News briefs
Infront Sports & Media has signed an agreement with Warrior...
Infront Sports & Media has signed an agreement with Warrior Sports to be the official supplier of apparel and equipment for the new Champions Hockey League, the new pan-European ice hockey competition starting next August. All the participating teams and the referees will wear clothing, gloves and helmets with Warrior's ...
