All News briefs articles – Page 716
-
News briefs
GoMotion, the U.S.-based maker of wearable lighting systems for runners...
GoMotion, the U.S.-based maker of wearable lighting systems for runners and hikers, has signed up with Ragnar Events for both the Ragnar Road Relay Series and Ragnar Trail Relays as the exclusive “Wearable Lighting” national supplier for the 2014 season. Based in Utah, Ragnar Events is the largest overnight running ...
-
News briefs
Kesko's home and specialty goods retail operations, which include the...
Kesko's home and specialty goods retail operations, which include the Intersport license and Budget Sport, are involved in a “digital transition” that could involve some form of e-commerce as well as more electronic marketing, said the management of the Finnish group while discussing the results for the first quarter ended ...
-
News briefs
Nike has run a temporary Phenomenal House in Paris for...
Nike has run a temporary Phenomenal House in Paris for four days until today, showcasing the brand's involvement in football. Similar events are due to be staged by the Swoosh in Berlin and London. Nike is also going to open a permanent concept store of 1,000 square meters in the ...
-
News briefs
Umbro has signed a technical kit and sportswear partnership with...
Umbro has signed a technical kit and sportswear partnership with Hull City, a football team in the English Premier League, effective June 1 and to last four years. Umbro will produce all on-pitch and training items for the men's, women's and academy teams, as well as training and sportswear for ...
-
News briefs
Speedo's partnership with Michael Phelps, which has spanned more than...
Speedo's partnership with Michael Phelps, which has spanned more than 12 years, formally ended at the end of 2013. The brand signed the American swimmer to his first endorsement deal at age 15, becoming his first-ever sponsor. Phelps, who is now 28, has become the most decorated Olympian of all ...
-
News briefs
The European Commission will provide €1.7 million in funding for...
The European Commission will provide €1.7 million in funding for a new project called Tex-Med Clusters, whose objective is to enhance the competitiveness of the textile industry in the Mediterranean countries. The project will run for two years. Through the scheme, small and medium-sized companies in the European textile sector ...
-
News briefs
Fila Korea has reported a 10 percent increase in global...
Fila Korea has reported a 10 percent increase in global revenues to 736.1 billion won (€512.14m-$707.08m) for the financial year ended last Dec. 31. Operating earnings went up by 7 percent to KRW 98,129 million (€68.27m-$94.25m), but net income was down by 21 percent to KRW 96,150 million (€66.90m-$92.36m). In the ...
-
News briefs
More than 100 workers in Cambodian factories supplying Adidas and...
More than 100 workers in Cambodian factories supplying Adidas and Puma fainted at work at the end of March after being overcome by fumes, possibly related to poor or absent ventilation systems. The episode, as reported by police and workers to Reuters, involved 118 employees at the Shen Zhou and ...
-
News briefs
Bauer Performance Sports saw its sales rise by 13 percent...
Bauer Performance Sports saw its sales rise by 13 percent to $62.2 million in the third quarter ended Feb. 28, or up by 16 percent in constant currencies, with increases of 17 percent in helmets, 49 percent in sticks, 11 percent in lacrosse and 77 percent in apparel. Sales grew ...
-
News briefs
New Balance says its sales grew by 14.2 percent last...
New Balance says its sales grew by 14.2 percent last year to $2.73 billion, marking the third year of double-digit growth. Without adding any details, the company disclosed its performance while announcing the sponsorship of a triathlete, Non Stanford, who is the reigning ITU world champion.
-
News briefs
Reed Exhibitions reports an increase of almost 15 percent in...
Reed Exhibitions reports an increase of almost 15 percent in the number of visitors to the most recent edition earlier this month of Fibo, the international fitness show that moved from Essen to Cologne last year. They reached a total of 116,000. Almost 100,000 tickets – 58,000 of them for ...
-
News briefs
Giant Manufacturing reports a 17 percent increase in net profit...
Giant Manufacturing reports a 17 percent increase in net profit of 3.5 billion Taiwanese dollars (€83.78m-$115.75m) for the year ended Dec. 31 on 0.5 percent higher revenues of NT$54.39 billion (€1,302.00m-$1,798.60m). Sales went up by 26 percent in China, 17 percent in Korea and 11 percent in Taiwan, but were essentially ...
-
News briefs
Billabong International has raised an additional 24 million Australian dollars...
Billabong International has raised an additional 24 million Australian dollars (€162.5m-$173.9m) by giving the possibility to existing shareholders to purchase three additional shares for every eight shares they owned as of Feb. 28 at a unit price of 28 cents of an Australian dollar. Shareholders bought a total of 87 ...
-
News briefs
A British bank, Craven House Capital, has bought a 49...
A British bank, Craven House Capital, has bought a 49 percent stake in The Bicycle Company (TBC), the exclusive South African distributor of Trek bicycles and Craft outdoor clothing, with cash and shares. The new owners hope that TBC will attract other brands that wish to enter the South African ...
-
News briefs
European importers may be able to recover some of the...
European importers may be able to recover some of the anti-dumping duties that they had to pay for shoes sourced in China and Vietnam. Responding to a complaint filed by Puma, the financial court of Munich has formally asked the European Court of Justice to issue a verdict on the ...
-
News briefs
Accell Group's North American subsidiary has announced that it will...
Accell Group's North American subsidiary has announced that it will open an Electric Bicycle Competence Center (EBCC-NA), on April 30. It will be located at Simi Valley, California, in a facility of Currie Technologies, a company acquired by Accell in 2012 that pioneered e-bikes in the U.S. The new center ...
-
News briefs
Head NV announced today that it has acquired a total...
Head NV announced today that it has acquired a total of 14,865,236 shares in the company at €1.60 each. The shares were tendered in response to an unconditional offer made by Head on March 28, after a series of conditional offers under which the company would have bought back its ...
-
News briefs
Printemps, the French department store chain acquired by Qatar Holding,...
Printemps, the French department store chain acquired by Qatar Holding, has a plan to boost the number of its Citadium stores to between ten and 15 in the next years. The store concept, which was first inaugurated by Printemps in 2000 with a 6,000-square-meter unit next to its Paris flagship ...
-
News briefs
Maier Sports, the German sports apparel firm acquired by the...
Maier Sports, the German sports apparel firm acquired by the Findors Investor equity firm in August 2011, reports an increase of 11 percent in pre-orders for the coming autumn/winter season. Pre-orders of its skiwear collection were stable as compared to the previous autumn/winter season. In the framework of a shrunken ...
