All News briefs articles – Page 839
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News briefs
The creditors of Asolo approved last March 15 a settlement...
The creditors of Asolo approved last March 15 a settlement of the company's debts, proposed by the court of Treviso, allowing the Italian company to get out of bankruptcy protection proceedings without liquidating any of its remaining assets. The settlement calls for the repayment of between 35 and 100 percent ...
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News briefs
Gordon Merchant, the founder of Billabong International, has bought 2.5...
Gordon Merchant, the founder of Billabong International, has bought 2.5 million new shares of the company to raise his stake from 15.1 percent to 15.8 percent. The company had been in talks about a takeover with the private equity group TPG, though the talks ended in February. Merchant's new, bigger ...
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News briefs
Intersport España made a profit of €2 million in 2011,...
Intersport España made a profit of €2 million in 2011, and its consolidated revenues grew by 7 percent to €94 million, according to the Spanish magazine Diffusion Sport. The good results are attributed to the reorganization of the corporate structure, with four subsidiaries handling different aspects of its business, making ...
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News briefs
The 2011 U.K. Golf Participation Report put out by Sports...
The 2011 U.K. Golf Participation Report put out by Sports Marketing Surveys indicates that there was no real drop in the practice of golf in the U.K. last year, with some exceptions. It found that about 4 million adults above the age of 15 played golf at least once on ...
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News briefs
Bogner won the German Shoe Prize 2012 during the international...
Bogner won the German Shoe Prize 2012 during the international GDS shoe trade show held in Düsseldorf earlier this month. The jury picked two styles of fashionable shoes for men and women from the brand's autumn/winter footwear collection, ‘Kitzbühel‘ and ‘St. Anton,' which take their inspiration from winter sports. The ...
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News briefs
Online sales of sporting goods grew in Sweden by 32...
Online sales of sporting goods grew in Sweden by 32 percent in the fourth quarter of 2011, making this segment one of those experiencing one of the strongest growth rates. A specific sales figures was not immediately available. The growth estimate comes from the Swedish postal service, Posten, and HUI ...
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News briefs
The 7th Salon du Golf in Paris saw the number...
The 7th Salon du Golf in Paris saw the number of visitors increase slightly to 29,400 on March 9-11, compared with 28,000 one year ago. The trade-only day before the show attracted 1,032 visitors. A total of 120 companies representing nearly 500 brands participated in the fair, compared with 150 ...
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News briefs
Sport Partner reports that the fitness division of Accell Group,...
Sport Partner reports that the fitness division of Accell Group, the Dutch bicycle and fitness equipment company, has changed its name to Tunturi Fitness, after the Finnish brand that forms the largest share of its fitness equipment sales. The unit was previously called Accell Fitness Division. The company's managers told ...
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News briefs
Kanabeach, a French brand of surf-inspired clothing and accessories, has...
Kanabeach, a French brand of surf-inspired clothing and accessories, has been placed in receivership, with the obligation to come up with a reorganization plan within six months. One main reason was apparently the roll-out of an expensive network of company-owned stores. The company already closed three stores and sold its ...
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News briefs
According to the Cambodian Ministry of Commerce, the country's footwear...
According to the Cambodian Ministry of Commerce, the country's footwear industry managed to raise exports of shoes by 49 percent in value during 2011. The total value of exports was $264 million. The most important customers were the U.S., Canada, Japan, and various Asian and European countries. Currently, there are ...
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News briefs
Sportler, the big northern Italian sporting goods retailer, has acquired...
Sportler, the big northern Italian sporting goods retailer, has acquired bergzeit.de, a German-based online outdoor retailer that also runs two brick-and-mortar stores in Bavaria. Apparently, Sportler, run by Georg Oberrauch, the brother of Heiner Oberrauch, who runs the Salewa/Oberalp group, wants to expand its small online business through this acquisition. ...
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News briefs
From next October, Jochen Zeitz will no longer act as...
From next October, Jochen Zeitz will no longer act as chief executive of the Sport & Lifestyle division of PPR, which comprises Puma, Cobra Golf, Tretorn and Volcom. The division will report directly to Jean-François Palus, recently elevated to the position of PPR's group managing director. Palus will be assisted ...
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Gliss'Expo will be the new name of the action sports...
Gliss'Expo will be the new name of the action sports fair due to be held at Seignosse, on the French Basque coast, from Sept. 30 to Oct. 2. The fair is organized by Alain Sevellec, who co-founded the former Glissexpo action sports fair in 1990. Held until 2002 on the ...
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News briefs
Spyder Active Sports has a new marketing manager, Jamie Starr,...
Spyder Active Sports has a new marketing manager, Jamie Starr, who had been previously managing editor and brand consultant for the Spear Creative Group, as well as editor of Snow Magazine, based in Aspen, Colorado. Russ Rowan, Spyder's vice president of sales and global marketing, has a juicy description for ...
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News briefs
Marco Kunz, who became country sales manager for Adidas in...
Marco Kunz, who became country sales manager for Adidas in the Netherlands just over two years ago, saw his remit enlarged to become head of sales for all the Benelux countries: Sport Partner reports that in this new function, he will lead sales activities for both the Adidas and Reebok ...
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News briefs
Adidas, Reebok, Ikea and other parties are studying a possible...
Adidas, Reebok, Ikea and other parties are studying a possible challenge to a clause in the Indian government's new regulations for single-brand retail shops, which requires 30 percent of the products to be sourced locally. Meanwhile, the Indian government has indicated that a ministerial meeting will decide by the end ...
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News briefs
Both Adidas and Puma are apparently placing more emphasis in...
Both Adidas and Puma are apparently placing more emphasis in their communication strategies on the sports performance segment. Adidas' new advertising campaign for this year, described as the biggest in its history, is intended to highlight the brand's offerings in this segment, which still represents more than 70 percent of ...
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News briefs
Josef Andreas Hrovath is again the chief executive of Elan...
Josef Andreas Hrovath is again the chief executive of Elan Sportartikel, the German subsidiary of the Slovenian ski company. He replaces Michael Kollmann after four years in the post. Hrovath ran the company already in 1999 and 2000. He subsequently left and founded Modulea, a company specializing in technical floor ...
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News briefs
Erima has signed a sponsorship and supply agreement with Doris...
Erima has signed a sponsorship and supply agreement with Doris and Stefanie Schwaiger. The two sisters are the Austrian champions in beach volleyball (or sand volleyball, as the game is now called in the U.S.), and the German company hopes that they are going to make it to the Olympic ...
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News briefs
David Udberg has resigned as managing director of Lowe Alpine...
David Udberg has resigned as managing director of Lowe Alpine U.K., leaving the company that was formally acquired by Equip Outdoor Technologies last October. A former executive of Berghaus, he is going to take some time off to consider his future options. Udberg was elected president of the European Outdoor ...