All News briefs articles – Page 748
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News briefs
Intersport is partnering with The North Face for its first...
Intersport is partnering with The North Face for its first pan-European campaign in the outdoor category, as it has already done with Adidas and Nike in football, Reebok in fitness and Asics in running. A co-branded “More Jacket. More Adventure” campaign is being rolled out across 14 countries this autumn ...
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News briefs
Marmot has opened its first single-brand franchised store in the...
Marmot has opened its first single-brand franchised store in the U.K. in partnership with Adventure Peaks, a British outdoor retailer and expedition company. Located in Ambleside in the Lake District National Park, the store has a selling surface of 180 square meters (more in The Outdoor Industry Compass).
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News briefs
Jack Wolfskin is gearing up for a rebound in sales,...
Jack Wolfskin is gearing up for a rebound in sales, as it begins to fully implement a wide range of structural and strategic changes, and to invest further in international markets. On the back of sharply increased orders, the German outdoor company predicts that its sales will pick up at ...
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News briefs
Holmenkol, the German marketer of ski wax and maintenance products,...
Holmenkol, the German marketer of ski wax and maintenance products, has appointed Conrad Götzel head of sales for the German-speaking countries and to take care of the key accounts in the same region. The 30-year-old will additionally supervise marketing and product management. Götzel has been working on Holmenkol's trade marketing ...
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News briefs
Sascha Kautschitsch left Maier Sports, the German marketer of sportswear,...
Sascha Kautschitsch left Maier Sports, the German marketer of sportswear, on Sept. 30. He acted briefly as managing director of the company and, later on, as consultant in charge of brand strategy and business development. Kautschitsch intends to stay within the outdoor industry to assist related companies with advice in ...
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News briefs
The initial public offering for Moncler is now slated for...
The initial public offering for Moncler is now slated for Dec. 9. The Italian company is reportedly seeking a valuation of €2.3 billion for 100 percent of its capital, but only 25 percent of it would be offered to the public. Meanwhile, Luciano Santel is leaving as president and managing ...
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News briefs
Peter Kats is Vans' new vice president of sales for...
Peter Kats is Vans' new vice president of sales for Europe, the Middle East and Africa. Based at VF Corporation's European office in Switzerland, he has taken the place of Jan van Leeuwen, who has become vice president and general manager of the brand. Kats, 44, has been European licensing ...
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News briefs
Manchester United's owners have set in motion the possible sale...
Manchester United's owners have set in motion the possible sale of up to 23 million of their shares, worth up to $400 million. The shares are being offered through Red Football LLC, the investment vehicle of the U.S.-based Glazer family, which has owned United since 2005. The news followed the ...
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News briefs
Sports Direct International has completed the placement of 17.0 million...
Sports Direct International has completed the placement of 17.0 million ordinary shares by the Sports Direct Employee Benefit Trust, representing about 2.84 percent of the company's share capital, at a price of 660 pence per share. Sports Direct's employees had decided to sell them as a portion of those that ...
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News briefs
Yonex raised its sales by 9.7 percent to 10.4 billion...
Yonex raised its sales by 9.7 percent to 10.4 billion Japanese yen (€79.2m-$104.5m) in its first fiscal quarter, ended June 30. The gross margin was down by 2.4 percentage points to ¥39.1 million (€0.30m-$0.39m), as compared to a year ago, but the company posted net income of ¥176 million (€1.3m-$1.8m) ...
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News briefs
Adidas will launch on Sept. 14 a new away kit...
Adidas will launch on Sept. 14 a new away kit for the sponsored FC Bayern München team, the incumbent winner of the Uefa Champions' League, whose design is inspired by the typical Bavarian “Lederhosen.” The shorts resemble the leather breeches worn by beer drinkers, especially during the Oktoberfest. They ...
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News briefs
An income tax benefit of $34.3 million allowed Nautilus to...
An income tax benefit of $34.3 million allowed Nautilus to report net earnings of $32.9 million for the second quarter. Excluding the extraordinary gain, the fitness company had a loss of $1.6 million for the period, compared with $700,000 in the year-ago period. The gross margin improved by 4.4 percentage ...
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News briefs
As of last month, 42 retailers had adopted the new...
As of last month, 42 retailers had adopted the new SportXtreme concept proposed by the GMS buying group at the beginning of this year. Thirteen have signed contracts with GMS in Germany, eight in Austria and 21 in the Netherlands. One Dutch store has already been renovated based on the ...
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News briefs
At the Eurobike show in Friedrichshafen, 496 products from a...
At the Eurobike show in Friedrichshafen, 496 products from a total of 30 countries competed for this year's Eurobike Awards. The judges selected 61 entries as award winners and ten of them received a gold award. The ten gold award winners were the U.S. company Niner Bikes in the category ...
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News briefs
Skullcandy has obtained a credit line of up to $50...
Skullcandy has obtained a credit line of up to $50 million, secured against the company's assets, from Wells Fargo Bank. The company says it will be used for general corporate purposes. The credit line provides for letters of credit of up to $10 million.
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News briefs
Karstadt will set up 50 Timberland shop-in-shops of up to...
Karstadt will set up 50 Timberland shop-in-shops of up to 40 square meters in its department stores throughout Germany, offering either shoes or clothing or both. The first such area has already opened in Karstadt's store in Essen, where the retailer has its head office. Another one is due to ...
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News briefs
The Björn Borg group has reported an 8.7 percent decline...
The Björn Borg group has reported an 8.7 percent decline in net profit for the first half to SEK9.4 million (€1.1m-$1.4m). The Swedish company's sales decreased by 3 percent to SEK239.2 million (€27.5m-$36.8m), but were unchanged on a currency-neutral basis. The gross profit margin dropped slightly to 49.7 percent, as compared ...
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News briefs
The German bike industry registered a 7 percent decline in...
The German bike industry registered a 7 percent decline in domestic deliveries of new bicycles and e-bikes in the first half of 2013, mostly due to the poor spring weather, but with the good summer weather the drop is expected to be compensated for in the second half of the ...
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News briefs
Shimano has introduced a new shoe, the XC90, designed for...
Shimano has introduced a new shoe, the XC90, designed for off-road riding. It has a lower profile than the M315. Spikes and blocks on the outsole are arranged in an optimal dirt-shedding pattern, and the spikes can be changed to adapt to rocky soil. The shoe uses Shimano's Dynalast technology ...
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News briefs
Twinner France has signed an agreement with ABN AMRO Commercial...
Twinner France has signed an agreement with ABN AMRO Commercial Finance that will allow all the affiliated French retailers in the Twinner and Pro du Sport to benefit from centralized settlements and invoicing for their 550 shops. Twinner France had broken one year ago a similar agreement with Garant Schuh, ...
