All News briefs articles – Page 765
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News briefs
Sales continue to be sluggish for the sporting goods industry...
Sales continue to be sluggish for the sporting goods industry in Sweden. Retailers' sales of sporting goods in country fell by 7 percent during the month of March as compared to the same month of last year, contributing to a 2.8 percent drop for the first quarter of 2013. Cold ...
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News briefs
Swix Sport is diversifying into the counter-seasonal market of roller...
Swix Sport is diversifying into the counter-seasonal market of roller skis. The Norwegian company, known for its ski poles and other products, has bought the rights to Pro-Ski, a Swedish brand of roller skis. The line will continue to be manufactured at the Sternes Specialfabrik factory in Dala-Järna, Sweden. Swix ...
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News briefs
A Danish distributor with an original name, The Good Karma...
A Danish distributor with an original name, The Good Karma Company, has expanded to Sweden, according to Sportfack. As a result, six new sports brands already sold in Denmark are now available on the Swedish market: Skora, Ashmei, Ultraspire, Klymit, Montbell and OMM. They are all known for their lightweight ...
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News briefs
Kalenji, the private label of Décathlon for running shoes, has...
Kalenji, the private label of Décathlon for running shoes, has signed a four-year sponsorship deal with Sophie Duarte, a French runner who specializes in the 3,000 meters steeplechase and is the French record holder. The 31-year-old female runner will participate in the development of new products for the French brand, ...
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News briefs
Ferntree, a fabric developed by Südwolle, has won the Performance...
Ferntree, a fabric developed by Südwolle, has won the Performance Award in the active and workwear sector in connection with the Performance Days show being held in Munich on May 15-16. The yarn of the fabric uses Advansa's Thermo°Cool Duoregulation fiber technology, combined with the comfort and feel of natural ...
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News briefs
At the end of May, Stormberg will open its second...
At the end of May, Stormberg will open its second store in Sweden, this time in the town of Norrköping. The new store comes only half a year after the Norwegian sportswear brand opened its first Swedish store in Malmö. In addition, Stormberg is strongly represented in all the Swedish ...
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News briefs
The Hub is the latest trade event for young fashion...
The Hub is the latest trade event for young fashion to hit the Asian scene, after the launch of Novomania in Shanghai in 2010 and Chic Young Blood in Beijing the following year. The first Asian edition of The Hub will take place in Hong Kong, which is regarded as ...
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News briefs
A federal judge in Louisville, Kentucky ordered Skechers to pay...
A federal judge in Louisville, Kentucky ordered Skechers to pay $40 million as a settlement for 70 class-action suits brought by some 520,000 U.S. consumers against the company, alleging misleading claims about the physical benefits of its toning shoes. The consumers who bought the shoes between Aug. 1, 2008 and ...
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News briefs
In the middle of July, Lundhags will open its second...
In the middle of July, Lundhags will open its second factory outlet store in Insjøn, Sweden. It will have three different areas for Lundhags own products, external brands and an outlet section. The company's first store in Järpen, Sweden has turned into something of a destination store and the same ...
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News briefs
New Wave turned around with a net profit of 100,000...
New Wave turned around with a net profit of 100,000 Swedish kronor (€11,711-$15,306) in the first quarter of 2013 from a loss of SEK8.2 million in the year-ago period, as sales increased by 10.1 percent to SEK877 million (€102.7m-$134.3m). On a currency-neutral basis, however, sales were down by 7 percent. ...
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News briefs
Nike has raised $1 billion through two bond offerings, stating...
Nike has raised $1 billion through two bond offerings, stating that it may use them to pay for capital expenditures, share buybacks or acquisitions. One $500-million bond issue carries annual interest of 2.25 percent and a ten-year maturity, while the other pays 3.625 percent interest over a 30-year time span. ...
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News briefs
Effective May 1, Kai Marquardt acts as key account manager...
Effective May 1, Kai Marquardt acts as key account manager for Fila apparel at Medico Sports Fashion, the new sub-licensee of Dosenbach-Ochsner for the Italian brand's clothing, with the exception of tennis apparel, covering all the European markets except Russia, Ukraine, the U.K. and Ireland. Marquardt was one of the ...
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News briefs
Fenway Partners, which created the world's 13th largest sports equipment...
Fenway Partners, which created the world's 13th largest sports equipment company with the acquisition of Riddell in 2003, Bell Sports in 2004 and Easton Sports in 2006, has reportedly hired a financial advisor to help find new owners for all or parts of the combined operation, called Easton-Bell Sports. The ...
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News briefs
A total of 2,296 professional visitors attended the latest edition...
A total of 2,296 professional visitors attended the latest edition of Ösfa, the Austrian sporting goods show in Salzburg's Brandboxx trademart. The relatively good turnout was attributed to a shift in its schedule from the weekend to Tuesday, Wednesday and Thursday. The figures were not comparable with those published a ...
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News briefs
On Earth Day, April 22, Burton announced its extended support...
On Earth Day, April 22, Burton announced its extended support of Protect Our Winters (POW). The POW organization is a foundation devoted to increasing awareness of the impact of climate change on the environment where the winter sports community is active. The boardsports company and POW are determined to unite ...
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News briefs
Brunswick Corp. reported net sales of $995.3 million for the...
Brunswick Corp. reported net sales of $995.3 million for the first quarter ended March 30, up 4 percent from a year ago. Revenue growth in the quarter was driven by U.S. outboard marine products, marine parts and accessories and fitness equipment, partially offset by declines in fiberglass sterndrive/inboard products and ...
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News briefs
CAPO, an Austrian specialty headwear brand, donated 600 hats and...
CAPO, an Austrian specialty headwear brand, donated 600 hats and caps to Tumaini, an organization that launched a campaign for albinos in Malawi. CAPO donated hats and caps, equipped with protection from UV rays. The hats and caps were handed out during the “Albinism Awareness Day” in Blantyre, Malawi.
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News briefs
Billabong International has announced a ten-day extension until May 8...
Billabong International has announced a ten-day extension until May 8 of a deadline previously set for completion of negotiations with Sycamore Partners and Paul Naude, Billabong's former top executive for the Americas, about their latest, reduced takeover offer of the equivalent of 287 million Australian dollars (€226.9m-$296.7m). An analyst at ...
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News briefs
Abacus Sportswear, the Swedish brand of technical golf clothing, has...
Abacus Sportswear, the Swedish brand of technical golf clothing, has introduced two new unlined golf jackets made with its stretch, waterproof fabric, StretchLite. In addition to the standard tests measuring the fabric's water resistance and breathability, Abacus says it has now introduced a new measurement for “freedom of motion,” the ...
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News briefs
Intersport's global network of sporting goods retailers is about to...
Intersport's global network of sporting goods retailers is about to move into its 43rd market, Morocco. With plans to open at least 12 stores with average surfaces of 300 to 400 square meters, Intersport International Corporation has granted a sub-license for the Moroccan market to Intersport Spain. The Spanish Intersport ...