All News briefs articles – Page 721
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News briefs
Groupe Go Sport's parent company, Rallye has successfully placed a...
Groupe Go Sport's parent company, Rallye has successfully placed a new seven-year bond worth €500 million. Bearing a yield of 4 percent, it was significantly oversubscribed. Banca IMI, BNP Paribas, CM-CIC, Société Générale, The Royal Bank of Scotland and UBS acted as joint bookrunners for the new bond issue. BNP ...
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News briefs
Sports Direct International is proposing to grant a special conditional...
Sports Direct International is proposing to grant a special conditional option on eight million ordinary shares, worth a total of £65.8 million (€79.6m-$109.7m) to its founder and major shareholder, Mike Ashley, in recognition of its success. Ashley already owns 62 percent of the shares. The award would be granted to ...
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News briefs
Direct Golf UK is investing in new storage and distribution...
Direct Golf UK is investing in new storage and distribution systems. The Yorkshire-based specialist golf retailer has outgrown its existing home in an old textile mill in Huddersfield and has joined forces with Mosaic Fulfilment Solutions (MFS) to move its outdated storage and distribution center to Wetherby. MFS will provide ...
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News briefs
A Vietnamese factory, Saitex, will make shoes for Puma with...
A Vietnamese factory, Saitex, will make shoes for Puma with recycled denim, cut from used jeans, using solar power and responsible water collection and waste treatment in the manufacturing process. The profits from this Re-Cut Project will be donated to the Bo Tho orphanage near Ho Chi Minh City, close ...
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News briefs
Mike Weccardt remains as the only general manager of Sport...
Mike Weccardt remains as the only general manager of Sport Eybl & Sports Experts, the Austrian sporting goods retailer that fell under the control of Sports Direct International last May. The founding Eybl family, which still holds 49 percent of the shares, has no longer an influence on the operations ...
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News briefs
Thomas Hieble is going to be the new general manager...
Thomas Hieble is going to be the new general manager of Skins for Germany and Austria, taking the place of Edi Kaiser who is leaving the Australian supplier of compression garments at the end of May. A former professional hockey player, Hieble has worked for Nike Bauer Hockey and Reebok ...
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News briefs
Macron will replace Nike as the new technical kit partner...
Macron will replace Nike as the new technical kit partner of BV Vitesse, the Dutch football club from Arnhem. The Italian firm and the club have signed a five-year agreement starting next season. It is the biggest partnership deal ever signed by Vitesse. The new jerseys, which will be presented ...
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News briefs
Umbro will be the new sponsor, taking the place of...
Umbro will be the new sponsor, taking the place of Italy's Erreà, of FC Nantes, a major French football club that returned to the first division of the French Football League this season. The new deal is for the next four seasons, starting in 2014/15. Umbro's French licensee, Noël, will release ...
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News briefs
Deckers Outdoor Corporation reported a 13.0 percent increase in net...
Deckers Outdoor Corporation reported a 13.0 percent increase in net income to $145.7 million for 2013. Total revenue went up by 10.1 percent to $1,557 million, with increases of 0.8 percent for Teva, 9.7 percent for Ugg and 8.2 percent for Sanuk. Other brands, including Hoka One One, which is ...
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News briefs
Skullcandy reported a drop a net loss of $3.0 million...
Skullcandy reported a drop a net loss of $3.0 million for last year, against a net profit of $25.9 million in 2012, but it expects to make a profit again in 2014 on a sales increase of between 5 and 7 percent. In the fourth quarter of 2013, the U.S. ...
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News briefs
Rollerblade is recalling about 11,800 pairs of its Tempest inline...
Rollerblade is recalling about 11,800 pairs of its Tempest inline skates sold in the U.S. between December 2010 and January 2014 because of faulty mounting holes in the boot and the frame that can cause the two components to separate from each other. The skates were made in Thailand.
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News briefs
Calida Holding of Switzerland has ended up with 59.92 percent...
Calida Holding of Switzerland has ended up with 59.92 percent of the shares in the Lafuma Group, up from 53.07 percent as of last Dec. 31, after a series of refinancing measures that have cut down its debt drastically and boosted equity to $56.88 million. A positive operating cash flow ...
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News briefs
Accell Group announced that its shares will be included in...
Accell Group announced that its shares will be included in the Midcap index (AMX) of Euronext Amsterdam beginning March 24. The AMX index is made up of 25 medium-sized listed companies on Euronext Amsterdam. It is the first time the Accell Group enters the AMX index since the company's listing ...
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News briefs
Nautilus is said to searching for a “modest” new acquisition...
Nautilus is said to searching for a “modest” new acquisition while spending more time developing its international business by working more closely with distributors in key regions. The company saw its net income from continuing operations leap to $47.9 million last year from $16.9 million the year before as total ...
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News briefs
Under Armour has announced a wave of promotions across its...
Under Armour has announced a wave of promotions across its organization to support its growth. Andy Amrhein, vice president of finance for North America, will expand his role to focus on the financial planning and analysis of the needs of the region, which is the company's largest business unit. Jason ...
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News briefs
Billabong International faces a potential class action from investors hurt...
Billabong International faces a potential class action from investors hurt by the dramatic decline in the fortunes of the company. An Australian law firm, Slater and Gordon, said it was preparing a lawsuit against the troubled surfwear company on behalf of hundreds of Australian and international investors. The class action ...
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News briefs
To better define sales and marketing activities, Swix Sports has...
To better define sales and marketing activities, Swix Sports has reorganized its company into two separate internal organizations – Sport and Outdoor. Though retailers and consumers will not be able to tell any difference, all Swix and Toko activities now fall under the Sport organization, while the brands Lundhags and ...
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News briefs
Adidas has launched an online gaming platform starring footballer Lionel...
Adidas has launched an online gaming platform starring footballer Lionel Messi in connection with the upcoming World Cup in Brazil. The new “Fast or Fail” game, which also offers players a chance to win a trip to Brazil, can be accessed on mobiles or desktops at www.adidas.com/fastorfail and is further ...
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News briefs
After the success of the first WFSGI Manufacturers Forum in...
After the success of the first WFSGI Manufacturers Forum in Taipei last December (see SGI Europe no. 24-38+39 of Dec. 9), the World Federation of the Sporting Goods Industry has decided to organize a new one on Nov. 12-14 in Leipzig, Germany. It has already started soliciting bookings for the ...
