All News briefs articles – Page 782
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News briefs
Icon Health & Fitness pointed to several key factors leading...
Icon Health & Fitness pointed to several key factors leading to lower sales in 2012, from record-setting heat in the first quarter and the two final months of the year to the widespread decline in consumer confidence. Looking ahead, however, the U.S. manufacturer of exercise equipment, based in Logan, Utah, ...
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News briefs
Fredrik Andreasson, chief executive of Team Sportia, the third-largest sports...
Fredrik Andreasson, chief executive of Team Sportia, the third-largest sports retail group in Sweden, is leaving the company, it was reported by Sportfack this Friday. Andreasson has spent more than three years at the helm of Team Sportia, a buying group with 127 stores. Team Sportia reinforced its market share ...
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News briefs
Sequential Brands Group has announced that it has closed the...
Sequential Brands Group has announced that it has closed the merger of Heelys into a subsidiary of Sequential. The company had entered into an agreement, dated Dec. 7, 2012, to acquire Heelys through a merger process, subject to a number of terms and conditions that have since been fulfilled. The approval ...
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News briefs
Reebok has announced a new global partnership with Spartan Race,...
Reebok has announced a new global partnership with Spartan Race, a series of obstacle races at various locations around the world including the U.S., Canada, Mexico, Australia and Slovakia. Under the new multi-year deal, the brand will act as the title sponsor of Spartan Race and as its official supplier for apparel, ...
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News briefs
Life Fitness, a division of Brunswick Corporation, delivered annual operating...
Life Fitness, a division of Brunswick Corporation, delivered annual operating earnings up by 10 percent to $103.1 million for the period ended Dec. 31. The operating margin rose by 1.5 percentage points to 16.2 percent. Divisional operating earnings in the fourth quarter increased by 29 percent to $36.4 million driven ...
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News briefs
Under Armour enjoyed yet another robust quarter in the last...
Under Armour enjoyed yet another robust quarter in the last three months of 2012, as its sales jumped by 25.5 percent to $505.9 million and its net income soared by 54 percent to $50.1 million. The U.S. sports apparel and footwear company ended the year with sales of $1,835 million, ...
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News briefs
New Era has appointed Charles Poiton as new apparel merchandise...
New Era has appointed Charles Poiton as new apparel merchandise manager for Europe, the Middle East and Africa (EMEA). Poiton previously worked for Nike as product manager in the Western European product creation team. New Era presented its first full-fledged apparel line at the Bread & Butter show in Berlin earlier this ...
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News briefs
Schoeller Textil has appointed Stefano Tonizzo to run its knitting...
Schoeller Textil has appointed Stefano Tonizzo to run its knitting business unit, making him a member of the top management. His job will involve an expansion of the Swiss textile company's activities in the area of knitted sports clothing. Tonizzo joined Schoeller in a sales function three years ago.
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News briefs
Gene McCarthy has resigned from his position as Under Armour's...
Gene McCarthy has resigned from his position as Under Armour's senior vice president for footwear, joining a string of high-level executives who have left the company in recent times. Analysts point out that although McCarthy brought steady progress to Under Armour's footwear program, such progress may not have kept pace with the ...
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News briefs
Asics is the new sponsor of the French Athletics Federation (FFA), replacing...
Asics is the new sponsor of the French Athletics Federation (FFA), replacing Adidas as its official apparel supplier. The company will develop and provide competition and training wear for the French athletics team until the end of 2016. The four-year deal will thus cover the next two editions of the World Athletics ...
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News briefs
New Balance celebrated its new sponsorship deal with Athletics Ireland...
New Balance celebrated its new sponsorship deal with Athletics Ireland (AAI) in a ceremony held at the Market Bar in Dublin on Jan. 29, which saw the unveiling of the new strip developed to carry the new colors of the team. The three-year sponsorship contract, which replaces that of Asics, ...
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News briefs
Prestige Golf is the new distributor of Ogio golf bags...
Prestige Golf is the new distributor of Ogio golf bags for Sweden, Denmark, Norway and Iceland. The change is effective immediately and Prestige Sports will take over both inventory and back orders from Sports Scandinavia, says Sportfack. That company was previously responsible for Ogio in Sweden, but was declared bankrupt ...
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News briefs
Sportmarket Nordic has become the new distributor of Footbalance custom...
Sportmarket Nordic has become the new distributor of Footbalance custom footbeds in Norway. Sportmarket Nordic and its parent company, Sportmarket AB, have a long history in the sporting goods industry. The group currently distributes many important brands in Sweden including Fischer and Quiksilver. It began to develop a Norwegian distribution ...
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News briefs
Tom Cooke has been named the vice president for footwear...
Tom Cooke has been named the vice president for footwear at Reef, which is reorganizing that segments organizational structure. Effective immediately, Cooke will support Reef's strategic plan, focusing on further organic growth in sandals and new product growth in closed-toe shoes. He will also oversee product management, design and development ...
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News briefs
Dainese has begun to fine-tune the deployment mechanism of its...
Dainese has begun to fine-tune the deployment mechanism of its D-Air ski system, in view of the Sochi 2014 Winter Olympic Games. The D-Air, a special airbag for skiers, operates based on a deployment algorithm, which is the ”intelligence” that recognizes the conditions of a fall and then activates the airbag. ...
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News briefs
Berkshire Hathaway, the conglomerate of the famous tycoon Warren Buffett,...
Berkshire Hathaway, the conglomerate of the famous tycoon Warren Buffett, will add a 5-kilometer run to the festivities at its annual shareholder weekend this coming May. In celebration of the race, Brooks Running, a subsidiary of Berkshire Hathaway, has produced a limited edition of its PureCadence 2 sneaker featuring a ...
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News briefs
New Wave Sports has split responsibilities between two executives within...
New Wave Sports has split responsibilities between two executives within its sporting goods operations, following the departure of Magnus Månsson, according to a report in Sportfack. A former chief executive of Team Sportia, Roger Holmgren, will run the New Wave Sports unit, which takes care of the Craft of Sweden ...
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News briefs
Vittoria Industries, the Italian maker of tires for bicycles, has opened...
Vittoria Industries, the Italian maker of tires for bicycles, has opened a new tire compound factory near Bangkok employing about 60 people. This will be the first facility for a tire maker to use Nanographyte in its compounds. Developed by Directa Plus S.p.A., with which Vittoria has a joint venture, Nanographyte ...
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News briefs
The Swedish company I Like Bike has broadened its product...
The Swedish company I Like Bike has broadened its product portfolio. Now the Stockholm-based distributor will also supply the cycling garments of an Austrian company, Maloja, throughout Sweden.
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News briefs
Boa Technology, the maker of the patented Boa Closure System,...
Boa Technology, the maker of the patented Boa Closure System, has announced that it will open an office in Europe in 2013. The precise location of the new office is not yet finalized. The company currently has offices in Steamboat Springs and Denver, Colorado, as well as Chiba, in Japan, ...