All News briefs articles – Page 816
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News briefs
William Staub, the man credited with inventing the treadmill for...
William Staub, the man credited with inventing the treadmill for home use, has passed away. He was 96 years old, but he had been on a treadmill only two months ago. The American mechanical engineer had an aerospace company; he founded a company, Aerobics Inc., in 1968 to make his ...
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The organizers of the Eurobike fair in Friedrichshafen are looking...
The organizers of the Eurobike fair in Friedrichshafen are looking forward to another record-breaking edition at the end of August, in spite of reports about three prominent companies pulling out of the show. Trek Europe already confirmed early this year that it would not attend Eurobike and that it would ...
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News briefs
Volcom is ready to start its first store in Spain....
Volcom is ready to start its first store in Spain. The exact address has not been disclosed, but the company has said that the store would be located in Barcelona.
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News briefs
Skechers said it is growing through its own retail stores...
Skechers said it is growing through its own retail stores and in its new performance division. However, its total revenues went down to $384.0 million the second quarter from $434.0 million in the year-ago period. As the cleanup of its inventories of toning shoes is now substantially completed, the net ...
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News briefs
Nike has opened a 14,000-square-foot store dedicated to runners in...
Nike has opened a 14,000-square-foot store dedicated to runners in New York City. The two-story shop is at Fifth Avenue and West 20th Street and includes an iPad gait analysis, free bag storage for runners and a free club for evening runs with cunning coach Margot Fleming.
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News briefs
The minimum wage has been raised by $10 to $80...
The minimum wage has been raised by $10 to $80 per month for the 650,000 workers employed in Cambodia's 700 shoe and apparel manufacturing plants. The wage negotiations were supervised by the Asian country's Ministry of Labor. In addition to the new minimum guaranteed salaries, workers will get a monthly ...
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News briefs
Golfsmith announced a 12 percent increase in group revenues to...
Golfsmith announced a 12 percent increase in group revenues to $146.0 million in the second quarter ended June 30, compared with net revenues of $130.2 million for the same period of fiscal 2011. Comparable store sales went up by 4.7 percent, but the company registered a 4.8 percent decrease in ...
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News briefs
Callaway Golf saw its share price fall by 14 percent...
Callaway Golf saw its share price fall by 14 percent to $5.52 in early trading after the company's new management released a revised estimate of its financial performance, predicting a loss of 55 to 75 cents a share for this year. The loss will be partly due to charges associated ...
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News briefs
Goldwin increased revenues by 14.79 percent to 48.64 billion (€505.3m-$615.4m)...
Goldwin increased revenues by 14.79 percent to 48.64 billion (€505.3m-$615.4m) for the financial year ended March 31. Net income improved by 75.39 percent to 2.62 billion (€27.2m-$33.1m). The gross margin for the Japanese company, which is mainly engaged in the manufacture and sale of sports apparel, dropped from 41.44 percent ...
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News briefs
Descente's net income improved by 18.2 percent for the financial...
Descente's net income improved by 18.2 percent for the financial year ended March 31 to 3,045 billion (€31.6b-$38.5b), as revenues grew by 8 percent to 83.03 billion 83.03 (€862.6m-$1,050.0m). The gross margin rose to 48.70 percent from 47.55 percent.
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News briefs
K2 Sports reshuffles its European sales team. Carsten Kleffner is...
K2 Sports reshuffles its European sales team. Carsten Kleffner is the new sales manager for K2 Skates Europe. Kleffner had been responsible for K2 Snowboarding as sales manager for over ten years, a position that he will pass on to Andreas Threimer, previously in charge of the marketing of K2 ...
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News briefs
Stéphane Solinski has been appointed general manager of Sport 2000...
Stéphane Solinski has been appointed general manager of Sport 2000 France after the departure of Frédéric Dekeyser, who led the buying group's operational and financial restructuring plan in the last two years. The 44-year-old Solinski started his career in marketing functions in the car industry, notably at Renault. In 2002 he switched to the retail ...
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News briefs
Oberalp will replace Project 2010 as the distributor of Fischer...
Oberalp will replace Project 2010 as the distributor of Fischer Sports in Italy, starting in March 2013. The deal is described as a strategic partnership that will involve cooperation in product development, branding and marketing. The two family-owned companies already collaborate through the studio of Antonio Dus in Montebelluna, which ...
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News briefs
In the first half of 2012, 60 percent of the...
In the first half of 2012, 60 percent of the fashion companies listed in the FashionUnited Top 100 Index registered an increase in the value of their stock, with the index rising by 6 percent during the period. The top five performers were Prada (+48%), Collective Brands (+48%), Perry Ellis ...
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News briefs
O'Neill 365 is launching the Natalie Coughlin Collection, designed by...
O'Neill 365 is launching the Natalie Coughlin Collection, designed by Natalie Coughlin, an American swimmer and an 11-time Olympic medalist. O'Neill 365 is an extension of the O'Neill brand and focuses on workout apparel that merges fashion and function. 2012 marks the 60th anniversary of O'Neill.
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News briefs
Yue Yuen saw its sales increase by 9.5 percent to...
Yue Yuen saw its sales increase by 9.5 percent to $3.61 million for the first half of the year. The company's turnover in shoe manufacturing was up by 9.4 percent to $2.56 billion, driven by China and South American markets, even though its shoe manufacturing volume declined by 1.2 percent ...
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News briefs
Larry Miller, 61, is reclaiming his former position as president...
Larry Miller, 61, is reclaiming his former position as president of the Jordan brand at Nike. Miller formerly held the position from 1999 to 2006, then left to become president of the Portland Trail Blazers, the NBA team. He will help the Jordan brand grow globally, reporting to Trevor Edwards, ...
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News briefs
The Swedish sportswear company Abacus will be the official apparel...
The Swedish sportswear company Abacus will be the official apparel partner of the Asian Tour, the region's elite professional golf circuit, under a two-and-a-half year agreement running until the end of 2014. Abacus is available in over twenty countries, with strong market positions in Sweden, Denmark, the Netherlands, Germany and ...
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News briefs
ABC-Mart, which describes itself as Japan's leading footwear retailer, has...
ABC-Mart, which describes itself as Japan's leading footwear retailer, has agreed to entirely take over LaCrosse Footwear, the U.S. outdoor and work footwear company, for $20 per share in cash, amounting to a purchase price of $138 million. The two parties said that the deal would enable ABC-Mart to benefit ...
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News briefs
The German press has prominently featured stories about Trigema, carrying...
The German press has prominently featured stories about Trigema, carrying pictures from Wolfgang Grupp's 70th birthday celebration and the announcement that his two children, 21-year-old Wolfgang and 22-year-old Bonita, will take over the management of the company after they finish their studies abroad. Trigema continues to manufacture its T-shirts and ...
