All News briefs articles – Page 834
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News briefs
Wolverine Worldwide, which sells the Merrell and Patagonia Footwear brands,...
Wolverine Worldwide, which sells the Merrell and Patagonia Footwear brands, saw its sales drop by 2.4 percent to $322.8 million for the quarter ended March 24, due to the troubles hitting many of Europe's economies. Sales in the U.K., which represents half of European sales, were hard hit by two ...
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The Life Fitness division of Brunswick Corporation, which comprises the...
The Life Fitness division of Brunswick Corporation, which comprises the Life Fitness and Hammer Strength brands, slightly lifted its sales to $157.1 million in the first quarter. This amounted to an increase of 0.4 percent. The division's international sales fell by 13 percent, but commercial equipment sales enjoyed a large ...
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Burton Snowboards has sold DNA Distribution, a company that supplies...
Burton Snowboards has sold DNA Distribution, a company that supplies skateboards and accessories under the Alien Workshop, Habitat and Reflex brand names, to Rob Dyrdek, an American television star and entrepreneur. Now a wealthy individual, he has been skateboarding for 20 years and had been originally sponsored by that company. ...
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As Head N.V. reclaims its European sportswear business from a...
As Head N.V. reclaims its European sportswear business from a licensee this year, it is setting up these operations in London. It will be the main hub of the European Sportswear Division, and the company will hire staff for product management and communications and PR management to work from the ...
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One Way Sport said it would be seeking significant compensation...
One Way Sport said it would be seeking significant compensation from Fischer, after courts in Germany and Finland rejected three separate claims by Fischer relating to trademark rights and unfair competition. The dispute relates to the use of the black and yellow colors for Nordic skis and boots. The Finnish ...
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The Development League of the NBA has signed a sponsorship...
The Development League of the NBA has signed a sponsorship deal with Banco Bilbao Vizcaya Argentaria S.A. making the Spanish bank the presenting partner of the league's playoffs and finals. BBVA has partnered with the NBA for two years, but this extends the deal to include a combined D-League/BBVA logo ...
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The sports and leisure division of the New Wave group,...
The sports and leisure division of the New Wave group, which owns Craft, Cutter&Buck and several other brands, pushed its sales up by 20 percent to 465 million Swedish kronor (€52.4m-$69.2m) for the first quarter. This was chiefly due to acquisitions made last year, Ahead and Paris Glove, which added ...
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Eider has organized a giant treasure hunt in the streets...
Eider has organized a giant treasure hunt in the streets of Paris to launch its spring range, focusing on breathability. The concept of the game, called the Eider Urban Game by Gore-Tex, was that participants should find one of the personalities sponsored by the brand, using the latest geo-finding apps ...
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The World Federation of the Sporting Goods Industry (WFSGI) has...
The World Federation of the Sporting Goods Industry (WFSGI) has announced a new board member: Christina Li Wei from the Li-Ning company is replacing Jay Li, who has quit his duties at the big Chinese sporting goods company. Li Wei, 42, was appointed head of Li-Ning's PR last year. She ...
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Wolverine Worldwide has set up joint ventures in India and...
Wolverine Worldwide has set up joint ventures in India and Colombia, as part of its strategy to directly operate in more international markets. The Indian partnership was formed with Tata International, to market footwear and apparel. The equal joint venture will start with the wholesale distribution of the Merrell and ...
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Pou Sheng International, one of the two leading sports retailers...
Pou Sheng International, one of the two leading sports retailers in China, warned that it would suffer a loss for the six months until the end of March, while it recorded a profit for the same period last year. The company blamed the end of its licensing deal with Converse, ...
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Adidas has been ordered to pay some 200,000 Russian rubles...
Adidas has been ordered to pay some 200,000 Russian rubles (€5,000-$6,600) for delayed deliveries to the Russian army, according to media reports in Die Welt and Iswestija, two leading newspapers in Germany and Russia, respectively. Apparently, the Russian army had demanded damages worth 115 million rubles (€2.9m-$3.8m), but a court ...
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Intersport Germany has donated €11,000 to Deutsche Sporthilfe (“German sports...
Intersport Germany has donated €11,000 to Deutsche Sporthilfe (“German sports aid”), a nonprofit foundation that supports athletes and hopeful talents who may make it onto the stage at the Olympics or other top sports events. Since 1967, Deutsche Sporthilfe has supported 44,000 athletes financially, though only West Germans benefited from ...
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Another 1.9 million bales of cottons will be exported from...
Another 1.9 million bales of cottons will be exported from India after being cleared by the government in the wake of its ban on raw cotton exports. The applications for export were submitted before the ban went into place on March 5. No plans have been made for new export ...
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News briefs
Sport 2000 Österreich has opened what is reported to be...
Sport 2000 Österreich has opened what is reported to be the first factory outlet for its retail members within the Sport 2000 International network. With its 2,500 square meters on Vienna's Brünner Strasse, it is also the biggest one for sports products in Austria. The store is offering more than ...
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News briefs
Fila has reported a 24 percent increase in its consolidated...
Fila has reported a 24 percent increase in its consolidated revenues to 764.4 billion won (€502.6m-$676.1m) for the past financial year. The gross margin declined by 3.65 percentage points to 50.48 percent, but the operating profit rose by 5 percent to KRW106.6 billion (€70.1m-$92.3m). Net income fell by 99 percent ...
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Vibram has inaugurated a special store at 292 Newbury Street...
Vibram has inaugurated a special store at 292 Newbury Street in Boston to showcase its FiveFingers line of glove-styled shoes. It features “experience zones” to test its shoes on marble, woodchips, grass, stones and the kind of safety strips used in the subway. Some of the models are sold only ...
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News briefs
April 30 is the deadline set for Collective Brands to...
April 30 is the deadline set for Collective Brands to receive offers for the takeover of its whole business or for parts of it, including the Payless ShoeSource chain of shoe stores and its footwear brands, including Airwalk, Saucony, Sperry Top-sider, Keds, Pro-Keds and Stride Rite. According to Bloomberg, Collective's ...
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Bread & Butter is raising stand rental rates by 5.5...
Bread & Butter is raising stand rental rates by 5.5 percent to a reported level of €360 per square meter. Without confirming the new price, the management of the Berlin show says the increase is justified by a similar inflation rate since the last exhibition fees were set three years ...
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Britain's Halfords Group reports a 5.7 percent increase in sales...
Britain's Halfords Group reports a 5.7 percent increase in sales on a comparable store basis for its cycling group in the fourth quarter of its financial year, ended March 30. The progress came on top of an 8.7 percent increase in the same period a year ago and was driven ...
