All News briefs articles – Page 797
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News briefs
Twinner Iberia is joining Sport Trade Marketing International (STMI), the...
Twinner Iberia is joining Sport Trade Marketing International (STMI), the international purchasing platform launched by Go Sport and Hervis to negotiate special conditions with the sports brands. With 231 affiliated stores, Twinner Iberia represented retail sales of €230 million last year. The French Twinner cooperative and another related French group, ...
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News briefs
Nike Inc. is transferring much of the surf-related product and...
Nike Inc. is transferring much of the surf-related product and marketing operations conducted under the Nike brand to Hurley International, its specialist brand of surfwear. The details are not yet clear, but it seems that the sponsored athletes will continue to wear Nike shoes.
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News briefs
In a move that is likely to be watched...
In a move that is likely to be watched with interest by other sports companies, Jack Wolfskin has issued a warning that it would take more forceful action against retail partners in Germany and Austria who sold their products on internet auction websites in breach of their trade agreements with ...
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Stöckli, the Swiss manufacturer of snow and outdoor products, makes...
Stöckli, the Swiss manufacturer of snow and outdoor products, makes inroads into “cross-country cycling,” which is now also an Olympic discipline. The company has sealed a sponsoring agreement with Mathias Flückiger, Switzerland's best biker in this category and third in world championships.
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News briefs
Under Armour will open an 8,000-square-foot store in the Harbor...
Under Armour will open an 8,000-square-foot store in the Harbor East section of Baltimore next year, its first store in its hometown. The store will feature Under Armour's full line of apparel, accessories and footwear.
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News briefs
Galeria Kaufhof reported sales of €2.1 billion for the first...
Galeria Kaufhof reported sales of €2.1 billion for the first nine months ended Sept 30, up slightly by 0.1 percent from the year-earlier period. In the third quarter alone, the revenues of the German department store chain, which also runs 13 Sportarena stores and a fistful of specialty outdoor shops, ...
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News briefs
Nautilus reported sales of $38.1 million in the third quarter,...
Nautilus reported sales of $38.1 million in the third quarter, an increase of 1.7 percent from the same quarter in 2011. The gross margin improved by 6.5 percentage points to 48.7 percent, primarily due to higher direct sales of high-margin products. Net income improved to $1.0 million, including a loss ...
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News briefs
K-Swiss reported a big 16 percent drop in revenues to...
K-Swiss reported a big 16 percent drop in revenues to $67.7 million for the third quarter, as compared to one year ago, as a 4 percent increase in the lifestyle segment was offset by a 47 percent drop in the performance sector. However, forward orders were down by only 8.6 ...
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News briefs
Under Armour raised its total revenues by 23.6 percent to...
Under Armour raised its total revenues by 23.6 percent to $575.2 million in the third quarter. Its revenues outside the U.S. declined by 2.3 percent and remained relatively marginal at $32.1 million, but they grew by 18 percent including the sale of shoes to the company's Japanese licensee, Dome. Licensing ...
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News briefs
Our previous report (SGI Europe, Vol. 23, No. 44+45) on...
Our previous report (SGI Europe, Vol. 23, No. 44+45) on rumors that Rory McIlroy, the pro golfer, was going to sign a sponsorship deal with Nike has been realized. With the deal for £156 million (€195.1m-$248.0m), McIlroy becomes the second-highest-paid British athlete after David Beckham. McIlroy, from Northern Ireland, will ...
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News briefs
A 29-year-old manager, Daniel Hermann, will help Andreas Rudolf to...
A 29-year-old manager, Daniel Hermann, will help Andreas Rudolf to run the German Sport 2000 organization from next Jan. 1. Acting as joint managing director, he will take the position formerly occupied by Rolf Gross, who left last February. Michael Decker, an executive of the sister company ANWR Schuh, has ...
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News briefs
Intersport Finland booked an increase in revenues of 8.9 percent...
Intersport Finland booked an increase in revenues of 8.9 percent to €46 million for the third quarter ended Sept. 30. Its parent company, Kesko, said that its newly acquired Intersport Russia operation had a poor level of profitability on revenues of €6 million during the same period. While Finnish Intersport ...
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News briefs
Zéfal, the French producer of bike pumps and accessories, is...
Zéfal, the French producer of bike pumps and accessories, is partnering with Unior, the Slovenian brand of hand tools, to sell Unior bicycle tools on the French market. Zéfal will supply independent bike dealers with Unior products directly, eliminating the need for a wholesaler. Unior makes more than 200 kinds ...
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News briefs
According to Reuters, Nike is in final negotiations to sell...
According to Reuters, Nike is in final negotiations to sell Cole Haan to Apax Partners for about $500 million, beating out the bids made by other equity firms. Jack Boys, former chief executive of Converse, would run Cole Haan to trigger a new phase of growth. According to other sources, ...
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News briefs
The Nuremberg District Court has decided in favor of Adidas...
The Nuremberg District Court has decided in favor of Adidas in a case of alleged patent infringement filed by Nike earlier this year. Without any opportunity for Adidas to state its case, the court had granted a temporary injunction in August ordering Adidas to quit making and selling its Primeknit ...
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News briefs
The Beijing Administration for Industry and Commerce has fined Nike...
The Beijing Administration for Industry and Commerce has fined Nike almost $780,000 for deceptive business practices. Nike is allegedly selling a basketball shoe that is touted worldwide as having two cushions – but in China it only has one. The price, about $208, is the same as in other markets. ...
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News briefs
After many years of waiting, Stockholm will finally have its...
After many years of waiting, Stockholm will finally have its own bike exhibition. On Nov. 17, the Sweden Bike Expo will open its doors with more than 70 exhibitors. The exhibition will be purely for consumers. Visitors will be able to test new bike models and to attend lectures ...
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News briefs
Lotto Sport Italia has signed a licensing agreement with a...
Lotto Sport Italia has signed a licensing agreement with a new partner for the Australian market, Allied Sporting Products Pty, replacing United Sports. Located at Nundah near Brisbane, the company was distributing Asics before the Japanese company set up its own subsidiary in the country. It still sells Rider shoes ...
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News briefs
Oakley is unveiling a very sophisticated Airwave snow goggle, available...
Oakley is unveiling a very sophisticated Airwave snow goggle, available immediately on Oakley.com and Apple.com and in Oakley stores, that features advanced head-up displays and integrate GPS and Bluetooth technologies, linked with various onboard sensors to check the outside temperature and other parameters. The viewer can visualize the slopes from ...
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News briefs
Following the cancellation of the New York Marathon, Asics America...
Following the cancellation of the New York Marathon, Asics America said it would donate to the American Red Cross 100 percent of the proceeds from the sale of its apparel and accessories for the race made at the ING NYC Marathon Expo on the eve of the event. Two days ...
