All News briefs articles – Page 808
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News briefs
Indian newspapers have reported that more than 150 retail franchisees...
Indian newspapers have reported that more than 150 retail franchisees running Reebok mono-brand stores in India held a virulent demonstration in New Delhi earlier this week. They vented their anger about the measures taken by the Adidas Group to alter its relationship with Reebok franchises, which should lead to a ...
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News briefs
Up to 150 to 200 current exhibitors at Bread &...
Up to 150 to 200 current exhibitors at Bread & Butter are said to be likely to be thrown out of the fair as part of a major cleanup decided by the management. Reacting to criticism from the major brands and buyers, Karl-Heinz Müller, the boss of the Berlin show, ...
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News briefs
At the end of 2013 or beginning of 2014, SportScheck,...
At the end of 2013 or beginning of 2014, SportScheck, Germany's leading specialty sporting goods retailer, will open its second store in Berlin. The selling surface of 4,600 square meters will be located in a new shopping mall that is described as the country's largest shopping center in a downtown ...
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The world's largest shoe manufacturer reported revenues up 7.3 percent...
The world's largest shoe manufacturer reported revenues up 7.3 percent to $5.56 billion for the nine months ended June 30. Yue Yuen's shoe manufacturing turnover grew by 5.7 percent to $3,892.8 million, driven by sales increases for athletic shoes and casual/outdoor shoes of 5.7 percent and 5.0 percent, respectively. Sales ...
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News briefs
Jarden Corporation is going to issue $450 million in...
Jarden Corporation is going to issue $450 million in debt and buy back its own stock with up to $125 million of the proceeds. The debt will be offered, subject to market and other conditions, as senior subordinated convertible notes due in 2018 in a private offering to qualified institutional buyers. The ...
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News briefs
Ronald Page, a footwear industry veteran, died on Sept. 6...
Ronald Page, a footwear industry veteran, died on Sept. 6 at the age of 75. He worked for Polo Ralph Lauren, Ellesse and Nike before he joined Deckers Outdoor Corporation in the early 1990s as the vice president for sales at Teva. He oversaw the brand's biggest growth years, and ...
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News briefs
At the age of 86, Tosaku Nishida, the founder of...
At the age of 86, Tosaku Nishida, the founder of Goldwin Inc. of Japan, died on Sept. 1. Nishida started his career in 1951 by establishing a knitting factory. He moved on to found Goldwin, which became one of the most important market players for sporting goods in Japan. A milestone ...
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News briefs
Kolon Industries has not yet paid the $920 million in...
Kolon Industries has not yet paid the $920 million in damages it owes DuPont after a court ruling last November – and it hasn't appealed the ruling as it said it would, either. A U.S. court ruled that Kolon illegally got information on DuPont's Kevlar material from former DuPont employees ...
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News briefs
Lacoste accelerated its growth in the first half of this...
Lacoste accelerated its growth in the first half of this year, rising by 25 percent, according to a report from the New York Fashion Week, thanks in particular to progress in Asia, South America and Russia, where the middle class is growing. In 2011, the French brand recorded a sales ...
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News briefs
Jack Wolfskin promises that the acid PFOA will no...
Jack Wolfskin promises that the acid PFOA will no longer be used in the manufacturing process for its waterproof or water-repellent apparel by the end of 2014. The outdoor brand has been working on technologies to avoid the use of this acid. Jack Wolfskin's move is a voluntary action ...
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News briefs
The Adidas Group confirmed that it no longer has a...
The Adidas Group confirmed that it no longer has a global president for the Reebok brand. The function was previously attributed to Uli Becker. He remains president of Reebok North America, reporting directly to Herbert Hainer, the group's chief executive. Meanwhile, Matt O'Toole remains chief marketing officer for the Reebok ...
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News briefs
After a long illness, Odd Roar Lofterød, the son of...
After a long illness, Odd Roar Lofterød, the son of Odlo's founder, passed away last week in Norway, his home country. He was 65 years old. Lofterød took over Odlo from his father in 1979 and built the international business of the brand, specialized in base layers, with particular flair ...
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News briefs
Skechers has signed marketing agreements with sports legends Mark Cuban,...
Skechers has signed marketing agreements with sports legends Mark Cuban, Joe Montana and Tommy Lasorda to launch the Relaxed Fit men's footwear collection, inspired by the popularity of relaxed fit jeans to offer a similar type of comfort with a more stylish design. Each one of the endorsees will star ...
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News briefs
MGM has appointed Alex Spada as international sales manager for...
MGM has appointed Alex Spada as international sales manager for its licensed Fila inline skates. This is part of a reorganization of the Italian company's management. Marco Foglio, who had this responsibility before, will now manage sales for the whole group, which also markets its own Trezeta line of outdoor ...
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News briefs
American Golf, the leading multi-channel retailer for golf products in...
American Golf, the leading multi-channel retailer for golf products in Europe, has made several executive appointments to support its expansion. Stuart Owens, formerly at Harvey's Furniture, is the U.K.-based retailer's new chief financial officer. Vicky Farrow, previously at Reebok, is the new apparel and footwear buyer, while Andy Ward switched ...
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News briefs
The newly renamed Sports & Fitness Industry Association (SFIA) has...
The newly renamed Sports & Fitness Industry Association (SFIA) has given a few details about its plans for the 36-hour SFIA Industry Leaders Summit being held Sept. 25-26, 2013. Sessions will discuss topics such as how to manage geopolitical risk, an analysis of emerging markets, the future of sourcing, forecasting ...
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News briefs
Collective Brands, which owns Saucony and a mix of other wholesale...
Collective Brands, which owns Saucony and a mix of other wholesale and retail operations related to footwear, reports much improved income on nearly flat sales for the second quarter of its fiscal year, ended July 28. Its net profit reached $11.5 million, compared with a loss of $33.3 million in the same period last ...
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News briefs
Giant officially announced a the Eurobike trade show that it...
Giant officially announced a the Eurobike trade show that it was going to build a new headquarters and R&D center in the Central Taiwan Science Park in Taichung City. Giant Global Group's president, Tony Lo, said that the company needed the new facilities for product expansion. Sales of mid- to ...
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News briefs
DPS Skis has announced that Charlotte Ljungquist will join the...
DPS Skis has announced that Charlotte Ljungquist will join the company as managing director for Europe, reporting to DPS President Stephan Drake. Ljungquist joins from EF Education First, where she was systems director. Prior to that position, she held roles at EF as sales manager, director of publications, and publications ...
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News briefs
Ispo Bike, the bicycle show organized annually by Messe München,...
Ispo Bike, the bicycle show organized annually by Messe München, will be held on July 25-28 next year, thus reverting to the schedule followed during the first three years of its existence. The fact that the trade show was held in August this year led to flat attendance by trade ...
