All News briefs articles – Page 786
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News briefs
While Nike Golf was making headlines with Rory McIlroy, Callaway...
While Nike Golf was making headlines with Rory McIlroy, Callaway has signed up a slew of young players alongside its established endorsees, such as Phil Mickelson and Ernie Els. The new Callaway endorsees include Gary Woodland, an American player known for his powerful drive; Ryo Ishikawa, the Japanese player who ...
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News briefs
Runners Point, the German sporting goods retail chain, increased its...
Runners Point, the German sporting goods retail chain, increased its total sales by 18 percent to about €197 million in 2012 compared with the previous year. This figure includes the Runners Point and Sidestep banners as well as the online business, operated by the Tredex company, and the franchised stores ...
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News briefs
The latest trade statistics from China indicate a reversal in...
The latest trade statistics from China indicate a reversal in the shrinkage of the country's trade surplus. After three years of decline, the surplus apparently went up by more than 50 percent to the equivalent of $231 billion in 2012, thanks in particular to a strong rebound of the export flow ...
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News briefs
Sports and health-related companies are preparing to take part in...
Sports and health-related companies are preparing to take part in the Health Forum organized by Ispo Munich to explore the so-called healthstyle market: This is a fast-growing segment that could be regarded as the intersection of sports and health care. The forum will bring together representatives of sports retailers, sporting ...
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News briefs
Yue Yuen Industrial reports that its consolidated sales crept up...
Yue Yuen Industrial reports that its consolidated sales crept up by just 0.3 percent to $7,282.5 million for the full year 2012. The leading footwear manufacturer, owned by Pou Chen in Taiwan, ended the year with a turnover of $664.1 million for December, up by 0.9 percent compared with the ...
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News briefs
India's cotton industry will see a drop in exports in...
India's cotton industry will see a drop in exports in the current year, according to figures from the U.S. Department of Agriculture as well as the Cotton Association of India. The U.S. agency foresees a 60 percent decline to 5.7 million bales of cotton. While a drop, that is still ...
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News briefs
We hear that Dierk Feyerabend has departed from the helm...
We hear that Dierk Feyerabend has departed from the helm of Polar's German subsidiary. The 55-year-old served the company for 22 years. In fact, as managing director since 1991, he built up the first subsidiary of the marketer of sports electronics outside Finland. It could even be said that Feyerabend introduced a ...
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News briefs
At Ispo Munich, Odlo will present its latest development, the...
At Ispo Munich, Odlo will present its latest development, the Muscle Force line. The line of base layers has been developed mainly for winter sports enthusiasts. The innovation in Muscle Force is the saving and conservation of energy through the reduction of vibrations in the body's key areas in order ...
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News briefs
Joma's intranet is said to have registered a doubling in traffic over...
Joma's intranet is said to have registered a doubling in traffic over the last year, with particularly strong rates of participation by clients in Europe, according to an article in Tradesport. They use it to check the availability of the merchandise in real time, to place orders, to follow their execution and to ...
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News briefs
Sport Schuster, the large Munich-based downtown retailer, is starting the...
Sport Schuster, the large Munich-based downtown retailer, is starting the celebration of its 100th anniversary by closing a shop, a single-brand store of The North Face with a selling surface of 280 square meters. The store, where clearance sales are being held now, will be taken over by the brand's ...
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News briefs
Invista, a leading supplier of technical fabrics and the owner...
Invista, a leading supplier of technical fabrics and the owner of the Lycra brand, has become a member of the Sustainable Apparel Coalition (SAC). This group brings together more than 60 companies and other stakeholders in the apparel and footwear business that aim not to cause unnecessary environmental harm and ...
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News briefs
Nico van Offeren, former head of Intersport Nederland, has teamed...
Nico van Offeren, former head of Intersport Nederland, has teamed up with another specialist to launch Friends of Retail, a consultancy focusing on sports retailing. His partner is André Wierper, whose career includes stints at Salomon, the Euro Shoe Group and Intersport Nederland. They will offer advice on such issues ...
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News briefs
Shares of Skullcandy, the headphone maker, received a little support...
Shares of Skullcandy, the headphone maker, received a little support last week amid talk that it may be a takeover target. Nike was among the potential suitors listed by Bloomberg, along with Sony, Samsung, Microsoft and Bose. The company's shares were listed in July 2011 at an initial offering price ...
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News briefs
Tony Parker inaugurated his new Peak-branded shoes as the San...
Tony Parker inaugurated his new Peak-branded shoes as the San Antonio Spurs defeated the Los Angeles Lakers last week. The French basketball player ended his relationship with Nike to sign a deal with Peak Sports, a Chinese company that has been investing heavily in the U.S. basketball market. The high-profile switch ...
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News briefs
Planet Sports, the leading multi-brand sports retailer in India, has...
Planet Sports, the leading multi-brand sports retailer in India, has inked a deal to become the exclusive Indian distributor of Pluggers, an Australian brand of thongs. India is the first country where the hip Pluggers brands will be distributed outside Australia. The tie-up was revealed earlier this month at an ...
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Salewa has set up a joint venture with Inspiration Outdoor...
Salewa has set up a joint venture with Inspiration Outdoor Trading, which has been the Italian outdoor brand's distributor and licensee for China for more than a year. Salewa is investing 40 million yuan renminbi (€4.8m-€6.4m) in the company, in which it holds a stake of 60 percent. The two partners have ...
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News briefs
Pitti Uomo, which has remained the only Italian trade show...
Pitti Uomo, which has remained the only Italian trade show where sporting goods brands continue to exhibit, reports a 6 percent drop in the number of Italian buyers as compared to one year ago for its latest session, which took place in Florence until Jan. 11. They fell to 12,800. ...
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News briefs
On Dec. 10, FMR, a large equity fund known as...
On Dec. 10, FMR, a large equity fund known as Fidelity Investments, became the second-largest shareholder of Accell Group when its stake in the company surpassed 10 percent. Accell, whose stockmarket value had been in a decline, saw its share rating climb after the investment. As of July 2011, FMR ...
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News briefs
Yoshikazu Ishimoto, former president of Descente, died last Dec. 12,...
Yoshikazu Ishimoto, former president of Descente, died last Dec. 12, aged 77. He was the son of the Japanese company's founder, Takeo Ishimoto, and worked for the company for 52 years. Father and son were among the first to recognize the importance of testing and research to optimize the features ...
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News briefs
Cocona has raised $15 million in a new round of...
Cocona has raised $15 million in a new round of equity financing to help streamline its operations, expand its product line, develop new applications for its technology and build up its brand. A new minority shareholder, controlled by H.I.G. Growth Partners, has emerged through the deal. Two earlier minority investors, ...