All News briefs articles – Page 820
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News briefs
DVS Shoe, an American action sports company owned by the...
DVS Shoe, an American action sports company owned by the Dunlap family, is set to to be acquired by Sequential Brands Group, the parent company of the William Rast and People's Liberation brands, for about $8.55 million in cash. Sequential Brands issued the highest offer at the bankruptcy court auction ...
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The Adidas Group has signed a revolving credit facility worth...
The Adidas Group has signed a revolving credit facility worth €500 million with a pool of banks, following an oversubscribed offer. The new five-year facility incorporates two options for a one-year extension which are to be excercised at the end of the first and the second year, respectively. With the ...
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A lawsuit filed by a New York man against Adidas...
A lawsuit filed by a New York man against Adidas claims that the company's AdiPure barefoot shoes didn't provide the benefits that they promised, and what's worse, he was actually injured from running in them. Joseph Rocco bought the $90 shoes and says that he suffered compound fractures from running ...
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Nike was reprimanded by the Advertising Standards Authority (ASA), the...
Nike was reprimanded by the Advertising Standards Authority (ASA), the British advertising watchdog, for a Twitter campaign that was not clearly identified as advertising. It involved messages sent from the personal accounts of footballers Wayne Rooney from Manchester United and Jack Wilshere from Arsenal, in January. Nike said that Rooney and ...
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After the ratification of its bilateral free trade deal with...
After the ratification of its bilateral free trade deal with South Korea, the European Union has launched negotiations for a similar agreement with Vietnam, which is a major source of sports shoes, clothing and accessories. Fesi, the European sporting goods industry federation, issued a statement welcoming the move.
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Alberto Bichi, secretary general of Fesi, the European Sporting Goods...
Alberto Bichi, secretary general of Fesi, the European Sporting Goods Industry Federation, will also act as EU public affairs director of HDS, the German shoe and leathergoods industry federation, starting on July 1. Bichi will assist HDS in such areas as international trade, product safety, intellectual property rights, environmental protection ...
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For an undisclosed amount, Shock Doctor, the U.S. specialty brand...
For an undisclosed amount, Shock Doctor, the U.S. specialty brand of mouthguards and other protective equipment for team sports and fitness activities, has acquired Cutters, a marketer of sports gloves for football and other sports based in Phoenix, Arizona. The new combination sees big growth potential for Cutters since the ...
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B.O.C. – Bike & Outdoor Company GmbH & Co., Germany's...
B.O.C. – Bike & Outdoor Company GmbH & Co., Germany's No. 1 bike retail chain – has named Stephan Geiger to be its new joint general manager, running the company along with Bernd Heumann. Geiger was formerly the general manager of the bicycle and e-bike division of Heinz Kettler GmbH ...
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Reportedly, Cushman & Wakefield has received a mandate from JD...
Reportedly, Cushman & Wakefield has received a mandate from JD Sports Fashion to open 15 new JD stores in France each year. The sixth JD store in the country is set to open shortly in the O'Parinor shopping mall of Aulnay-sous-Bois, near Paris, and others are planned in and around ...
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The European Outdoor Conservation Association (EOCA) proudly announced that it...
The European Outdoor Conservation Association (EOCA) proudly announced that it had reached the milestone of raising €1 million. Members and supporters of the non-profit organization have been collecting this amount since 2006, when EOCA came into existence. In addition, EOCA is pleased with the results of the public vote that ...
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Tension is mounting in the textile and apparel industries of...
Tension is mounting in the textile and apparel industries of Bangladesh and India as workers are asking for higher wages. After five days of clashes between factory workers and the police, garment manufacturers in Bangladesh decided to shut down 300 factories in the town of Ashulia on June 16. They ...
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A U.S. Court of Appeals has ruled in favor of...
A U.S. Court of Appeals has ruled in favor of TaylorMade Golf in a patent infringement lawsuit stemming from 2007. Dogleg Right Partners and Dogleg Right Corporation filed the suit then involving movable weights in the heads of golf clubs. A year ago, a U.S. Magistrate judge granted TaylorMade's request ...
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News briefs
Arne Arens has been appointed vice president and general manager...
Arne Arens has been appointed vice president and general manager for The North Face in Europe, the Middle East and Africa (EMEA). Arens joined The North Face EMEA as sales director in 2010. He will take over from Timo Schmidt Eisenhart, who will switch to Timberland, another company in the ...
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Daniele Grasso, formerly with Sympatex Technologies, has been appointed senior...
Daniele Grasso, formerly with Sympatex Technologies, has been appointed senior product manager apparel shells at Jack Wolfskin. At Sympatex, he has been replaced by Haymo Strubel as director for apparel. Before joining Sympatex, Strubel worked for YKK, the zip company, as European key account manager.
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News briefs
The board of Rapala VMC Corporation has approved a new...
The board of Rapala VMC Corporation has approved a new share-based incentive plan for key personnel. The plan includes one earning period, running from April 1, 2012, to June 30, 2013. The potential reward from the plan will be based on the development of Rapala's inventory levels and Ebitda. Any ...
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The NBA has named Marc Armstrong vice president of marketing...
The NBA has named Marc Armstrong vice president of marketing partnerships for the NBA's EMEA region (Europe, the Middle East and Africa). He will develop new commercial opportunities across the region for the NBA, the WNBA, the NBA Development League and USAB. He will report to Benjamin Morel, senior vice ...
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Harry Arnett has been named senior vice president for marketing...
Harry Arnett has been named senior vice president for marketing at Callaway Golf Company. He comes from TaylorMade, Adidas and Ashworth Golf, where he was vice president for global marketing. He has also held positions with Russell Corporation and Tinwood Media Ventures.
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News briefs
A survey by the Sporting Goods Manufacturers Association (SGMA) shows...
A survey by the Sporting Goods Manufacturers Association (SGMA) shows that 83.5 percent of its members are expecting a further increase in their domestic sales, while only 61.2 percent predict that their sales abroad will go up. The SGMA points out that the sporting goods market underperformed the rest of ...
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While Britain's manufacturing output is on the slide, New Balance...
While Britain's manufacturing output is on the slide, New Balance stuck to its production of about 1.2 million pairs of footwear at its U.K. plant last year. The company said that this commitment had strongly contributed to growing consumer demand: New Balance's sales across Europe jumped by about 25 percent last year ...
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News briefs
Bård Kristiansen will be the new chief executive for the...
Bård Kristiansen will be the new chief executive for the Norwegian sporting goods industry organization, Sportsbransjen. Kristiansen replaces Trond E. Hansen, who left the organization in the spring. He brings with him years of management experience with Adecco, as well as experience from his days as a handball champion. Kristiansen ...
