All News briefs articles – Page 774

  • News briefs

    Swedish newspapers have reported that Usports, the national sporting goods...

    2013-03-28T00:00:00Z

    Swedish newspapers have reported that Usports, the national sporting goods retail chain launched in 2011 with the opening of a 5,000 square meter store in Malmö, has filed for bankruptcy. The retailer has three large stores in Malmö, Sundsvall and Västerås and it intended to open about 20 stores around ...

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    Penn State is the latest U.S. university to have suspended...

    2013-03-28T00:00:00Z

    Penn State is the latest U.S. university to have suspended its apparel licensing contract with Adidas, over a dispute regarding severance pay for workers at PT Kizone, an Indonesian apparel factory that was abruptly closed down in 2011. The plant was not owned by Adidas, but several other top universities ...

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    Giant reports 13 percent higher consolidated sales of 53.5 billion...

    2013-03-12T00:00:00Z

    Giant reports 13 percent higher consolidated sales of 53.5 billion New Taiwanese dollars (€1.4bn-$1.8bn) for its last financial year. Europe represented 27 percent of the total turnover, North America 22 percent, Asia-Pacific 40 percent and the rest of the world 11 percent. The Taiwanese bike company plans to open a ...

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    Amer Sports has transferred 182,874 shares to the personnel involved...

    2013-03-12T00:00:00Z

    Amer Sports has transferred 182,874 shares to the personnel involved in its restricted and performance plans, taking them from its own pool of treasury shares. This leaves Amer Sports with 545,979 shares, plus 12,125 more owned through Amer Sports International. Separately, Anssi Vanjoki and Ilkka Brotherus have been confirmed as ...

  • News briefs

    In 2012, total sales of Hervis Sports, the Austrian sporting...

    2013-03-12T00:00:00Z

    In 2012, total sales of Hervis Sports, the Austrian sporting goods retail chain, decreased slightly by 2 percent to €441 million even though it opened three more doors, including the first one in Germany in autumn. The subsidiary of the Spar food chain says the declining turnover is a result ...

  • News briefs

    ABS has put out a warning about the use of...

    2013-03-12T00:00:00Z

    ABS has put out a warning about the use of its avalanche ball systems with wireless activation. Until further notice, this activation must no longer be used, says the German company. Instead, the ABS avalanche ball is to be inflated manually. Apparently, the sonic transmission that activates the ball possibly ...

  • News briefs

    According to information given by various market research firms like...

    2013-03-12T00:00:00Z

    According to information given by various market research firms like Regioplan and KMU Forschung Austria, the Austrian sporting goods market grew in 2012 by an estimated 2.1 percent, while the general retail sector went up by 1.1 percent. These figures were presented by VSSÖ, the Austrian sporting goods industry federation, at the Ösfa ...

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    Shortly after the highly publicized product recalls for ABS avalanche balls...

    2013-03-12T00:00:00Z

    Shortly after the highly publicized product recalls for ABS avalanche balls and the via ferrata sets of various climbing brands, another outdoor-related product is now subject to a recall. Migros, the big Swiss retail cooperative, is now warning customers about the potential safety hazards of a black snowshoe sold in its SportXX chain. The item ...

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    David Beckham has agreed to become the first global ambassador...

    2013-03-12T00:00:00Z

    David Beckham has agreed to become the first global ambassador for Chinese football. Under a deal with the Chinese Football Association, the charismatic former captain of the England team will visit China throughout the year to promote the sport domestically and globally, as he did in a way in the ...

  • News briefs

    Décathlon has signed a partnership agreement with a well-known French mountain...

    2013-03-12T00:00:00Z

    Décathlon has signed a partnership agreement with a well-known French mountain bike champion, Pierre-Geoffroy Plantet, to enhance the image of its B'Twin brand of bicycle products and to provide technical advice for the future development of the top range of mountain bikes. Plantet is going to make a real contribution through ...

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    MGM SpA, which already owns Trezeta and licenses Fila inline...

    2013-03-12T00:00:00Z

    MGM SpA, which already owns Trezeta and licenses Fila inline skates, has taken over Kayland, another Italian outdoor shoe brand held since 2005 by Novation. The two brands are positioned differently: While Trezeta specializes in hiking boots and other low-mountain footwear, Kayland is a more technical high-mountain brand, and it ...

  • News briefs

    Michael Jamieson has signed a deal to become an ambassador...

    2013-03-12T00:00:00Z

    Michael Jamieson has signed a deal to become an ambassador of Speedo. As part of the agreement, the British Olympic swimmer will promote the brand in his hometown of Glasgow in the build-up to the 2014 Commonwealth Games.

  • News briefs

    Nautilus, the American fitness company, saw its sales jump by...

    2013-03-12T00:00:00Z

    Nautilus, the American fitness company, saw its sales jump by 8.4 percent to $65.0 million for the fourth quarter, while its gross margin and income both improved markedly on the back of increased direct sales. The company ended the year with a sales increase of 7.5 percent to $193.9 million, ...

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    W.L. Gore & Associates and Geox, the Italian footwear...

    2013-03-12T00:00:00Z

    W.L. Gore & Associates and Geox, the Italian footwear brand, have put an end to their disputes regarding Gore's Surround technology and have agreed on a settlement in the case. After Gore's introduction of Surround to the market, there have been legal quarrels in several European countries. The conflict has ...

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    Messe München has formally announced the appointment of David Badalec...

    2013-03-12T00:00:00Z

    Messe München has formally announced the appointment of David Badalec as exhibition director for Ispo Bike, replacing Eva Schlangenotto who is taking maternity leave. Effective immediately, José Moreno-Tapia will take over Badalec's responsibilities for the Action Sports segment of Ispo Munich. In turn, Constanze Fuchs will replace Moreno-Tapia as the ...

  • News briefs

    Nike has announced that over the next five years, it...

    2013-03-12T00:00:00Z

    Nike has announced that over the next five years, it will invest $50 million toward encouraging American schoolchildren to be more active, including through Let's Move!, the program spearheaded by First Lady Michelle Obama. Nike made the announcement at an event in Chicago attended by Obama and featuring athletes such ...

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    Sugoi Performance Apparel has been chosen as the outfitter of...

    2013-03-12T00:00:00Z

    Sugoi Performance Apparel has been chosen as the outfitter of participants in Ironman Triathlons in North America and Europe for the next three years. In addition to designing the official performance race apparel for events and the Ironman Executive Challenge for business leaders, Sugoi, a division of Dorel Industries, will ...

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    Markus Mitterlehner has been appointed new director of the rental...

    2013-03-12T00:00:00Z

    Markus Mitterlehner has been appointed new director of the rental business unit at Sport 2000 Austria, where he is replacing Elke Perschl. The 36-year-old has held various positions in tourism marketing, working notably for hotels in Austria and Germany. At Sport 2000, he will be in charge of online marketing, ...

  • News briefs

    Tecnica Group has appointed Rainer Vetter as managing director of...

    2013-03-12T00:00:00Z

    Tecnica Group has appointed Rainer Vetter as managing director of Tecnica Group Austria, with responsibility for all sales and marketing activities in Austria. The Italian company says that he will also work directly with the German sales management team for Tecnica, Blizzard, Nordica, Moon Boot and Rollerblade at Lowa, setting ...

  • News briefs

    Sports Direct International (SDI) has confirmed that Mike Ashley reduced...

    2013-03-12T00:00:00Z

    Sports Direct International (SDI) has confirmed that Mike Ashley reduced his stake in the company from 68.6 percent to 64.4 percent. He previously owned up to 71 percent of the company that he founded, but his stake was diluted because of employee bonus schemes. Ashley reportedly sold the shares at ...