All News briefs articles – Page 778
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News briefs
Reportedly, Décathlon wants to freeze wages in Spain for the...
Reportedly, Décathlon wants to freeze wages in Spain for the next three years, in view of the difficult economic situation in the country, but the company declines to comment. According to another report in CMD, Spanish sporting goods retailers suffered the biggest sales decline in 15 years last year, but some ...
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News briefs
Paris will host the first edition of eBike Tec, a...
Paris will host the first edition of eBike Tec, a special platform dedicated to electric bikes, on April 16-18 at the Porte de Versailles exhibition center. Organized by ExtraEnergy, the association for the promotion of lightweight vehicles, the event will take place simultaneously with eCar Tec, which showcases electric vehicles ...
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News briefs
Lenzi Egisto, an important Italian supplier of innovative textiles to...
Lenzi Egisto, an important Italian supplier of innovative textiles to the athletic shoe industry, is going into liquidation. Its family shareholders, who refused to inject money into the company after the death of Egisto Lenzi in July 2009, have approved a proposal to split the assets and sell them separately ...
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News briefs
Next October, the expansion of XXL Sport in Sweden will...
Next October, the expansion of XXL Sport in Sweden will continue with the opening of a large warehouse of 20,000 square meters in the Swedish town of Örebro, which may be subsequently expanded to up to 60,000 m². By locating its newest distribution center in Örebro, the Norwegian sporting goods ...
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News briefs
Fila Korea, which has the international rights to the Fila...
Fila Korea, which has the international rights to the Fila brand, suffered a 26 percent drop in net income to 29.23 billion won (€20.4m--$26.9m) in the financial year ended last Dec. 31. Revenues declined by 7 percent to KRW423.88 billion (€295.3m--$389.5m). In the fourth quarter, the company's operating income was ...
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News briefs
One of the pioneers of the German retail landscape, Otto...
One of the pioneers of the German retail landscape, Otto Beisheim, is dead. On Feb. 18, he took his own life at his home at a lake in Bavaria, faced with an incurable disease. He was 89. Beisheim was one of the co-founders of Metro, Europe's leading cash & carry ...
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News briefs
The Hohenstein Institute is working on a two-year research project...
The Hohenstein Institute is working on a two-year research project on textile-based head protection systems to help helmet manufacturers offer improved headgear. By measuring heads, helmets and the textiles inside them, the study is due to produce a comprehensive database for optimized textile-based head protection devices, applicable to all head ...
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News briefs
The Spanish subsidiary of Li Ning, LN Plus Iberoamerica, is...
The Spanish subsidiary of Li Ning, LN Plus Iberoamerica, is seeking to get payments from Spanish retailers and sponsored clubs to reduce the amounts owed to creditors, but it is not sure whether it will continue to operate in the country, according to a local fashion news website, moda.es. Last ...
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News briefs
Effective April 1, Salewa Sportgeräte, the German subsidiary of the...
Effective April 1, Salewa Sportgeräte, the German subsidiary of the Italian outdoor company, will be transferred into a newly created company called Oberalp Deutschland, acting as a subsidiary of the Bolzano-based Oberalp Group. In the new company, all activities around the group's own brands, Salewa, Dynafit, Silvretta, Pomoca and Wild Country, ...
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News briefs
Yesterday, Feb. 12, Under Armour started off its largest global...
Yesterday, Feb. 12, Under Armour started off its largest global advertising campaign ever on the internet, which will also have its debut on U.S. television with spots during NBA's All-Star weekend on Saturday. The initiative is called “I will” and features sports stars like the boxer Canelo Alvarez, the tennis ...
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News briefs
Bicycle sales in the Netherlands declined by 13.2 percent to...
Bicycle sales in the Netherlands declined by 13.2 percent to 1,039,000 units in 2012, with revenues declining by 14.2 percent, due to economic hardship and low consumer confidence. The average price of bicycles sold by independent bicycle dealers decreased by only 0.7 percent to €954 against 2011. While all bike ...
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News briefs
Yonex reports a 2 percent increase in revenues to 28,165...
Yonex reports a 2 percent increase in revenues to 28,165 million yen (€0.2m-$0.3m) for the nine months ended last Dec. 31, generating net income of ¥657 million (€5.2m-$7m) for the period. The Japanese company is forecasting net income of ¥1.1 billion (€8.7m-$11.7m) on sales of ¥38.3 billion (€303,7m-$409.3m) for the ...
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News briefs
Rick Alden, the 48-year-old entrepreneur who founded Skullcandy in 2003,...
Rick Alden, the 48-year-old entrepreneur who founded Skullcandy in 2003, is returning to his former position as chief executive of the American publicly quoted audio and headphone company. He had left the post in March 2011. The change of management follows the resignation of Jeremy Andrus, former president and CEO, ...
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News briefs
Intersport Germany adjusted its final figures on the group's 2012...
Intersport Germany adjusted its final figures on the group's 2012 retail sales, which we reported in December on a preliminary basis. In the end, the affiliated retailers increased their sales by 2.2 percent to €2.76 billion after VAT. According to Klaus Jost, joint president of the group, the last two ...
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News briefs
Descente registered a sales increase of 4.3 percent to 21.6...
Descente registered a sales increase of 4.3 percent to 21.6 billion yen (€171.3m-$230.8m) for the fiscal third quarter ended Dec. 31, as compared to the same quarter a year ago. The gross margin improved by 1.8 percentage points to 46.8 percent of sales for the quarter, compared with 45.0 percent. Selling, general and ...
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News briefs
Swedish sporting goods retailers enjoyed a big increase of 23...
Swedish sporting goods retailers enjoyed a big increase of 23 percent in their sales during the month of December, as compared to the same month of 2011. This helped the sector to book a sales increase of 9.2 percent for all of 2012.
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News briefs
Leki Lenhart filed a patent infringement suit last Jan. 30...
Leki Lenhart filed a patent infringement suit last Jan. 30 in Buffalo, New York against Dick's Sporting Goods, the American sporting goods retailer's licensing arm and Synergy Sportz, which operates as Yukon Charlie. The federal lawsuit alleges that the defendants infringed on Leki's patent for an adjustable-length tube for trekking poles.
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News briefs
Arena, which is celebrating its 40th anniversary with the planned...
Arena, which is celebrating its 40th anniversary with the planned release of a line of vintage products, has signed up again as the exclusive technical sponsor of the Italian Swimming Federation (FIN), involving all its swimming, water polo, diving, synchronized swimming, open-water and rescue teams. Arena held the contract for eight ...
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News briefs
Ogio International has reported a 48 percent increase in its...
Ogio International has reported a 48 percent increase in its sales of golf products for 2012. The order backlog is up by 68 percent thus far in 2013. The sales growth in 2012 was driven by Ogio's newly launched golf apparel collections and its golf bags. Ogio's limited-edition fashion designs ...
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News briefs
Elan said that its sales declined by between 8 and...
Elan said that its sales declined by between 8 and 10 percent for last year, after reporting turnover of about €90 million in 2011. The Slovenian company's wind energy division raised its sales, but that could not compensate for sales declines in the group's ski and marine division. The turnover ...
