All News briefs articles – Page 857
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News briefs
Erik Cherdak, an American who got a patent in 1995...
Erik Cherdak, an American who got a patent in 1995 for an “athletic shoe with training device,” has launched a federal lawsuit in Alexandria, Virginia, against Nike and Apple, claiming that their Nike+ technology infringes his patent as well as U.S. antitrust regulations. The infringing products named in the complaint ...
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News briefs
Head has announced that it bought back 393,558 more of...
Head has announced that it bought back 393,558 more of its own shares. The value of the transaction was €295,169. The number of acquired shares corresponds to 0.43 percent of the issued share capital of the company. Following this transaction, 9.4 percent of Head's equity is made up of treasury ...
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News briefs
Brooks Sports found more than 700 pairs of counterfeit shoes...
Brooks Sports found more than 700 pairs of counterfeit shoes at an Australian warehouse of the retailer Paul's. Earlier this year, Brooks suspected the retailer of actively seeking out counterfeit products to sell, so requested action by the government to make an unannounced raid on the warehouse to seize all ...
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News briefs
Accell Group, the Dutch company owning a slew of bicycle...
Accell Group, the Dutch company owning a slew of bicycle and fitness brands, has agreed to acquire all shares of Currie Technologies, a leader in the U.S. market for e-bikes. The Californian company employs 40 people and reaches annual sales of about $20 million, with the I-Zip and E-Zip brands. ...
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News briefs
According to a report in Handelsblatt, the German newspaper, Puma...
According to a report in Handelsblatt, the German newspaper, Puma is going to increase its production capacity in Africa, a continent where the brand has been active for many years, particularly through the sponsorship of national football teams. The newspaper hears that one of Puma's production partners is about to ...
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News briefs
Activinstinct, the British internet retailer of action and performance sports...
Activinstinct, the British internet retailer of action and performance sports products, expects that it will generate as much revenue outside the U.K. as in its domestic market within the next 12 to 18 months. The company has just launched its online store in Germany. It is its second move on ...
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News briefs
Justin Timberlake, the American singer, actor and heartthrob, has been...
Justin Timberlake, the American singer, actor and heartthrob, has been appointed creative director at Callaway Golf. An avid golfer, Timberlake has been a Callaway staff professional since 2008. In his new job, he is meant to contribute to the golf brand's marketing concepts and its visual representation. He has already ...
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News briefs
Augusta Manufacturing, a Nicaraguan company that makes apparel for Adidas,...
Augusta Manufacturing, a Nicaraguan company that makes apparel for Adidas, Quiksilver, Roxy and other brands, is investing $5 million into its factory and expects to create 500 jobs by the end of the year, having 1,000 workers in 2012. ProNicaragua, the country's industrial development authority, says that the effect of ...
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News briefs
Adidas and UEFA, the European football organization, announced that they...
Adidas and UEFA, the European football organization, announced that they extended their long-term partnership until 2018 for the UEFA Champions League, the UEFA Europa League, the UEFA Super Cup and the UEFA Women's Champions League. Adidas will continue to supply the match balls for the Champions League and the Europa ...
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News briefs
Crocs has entered into an amended and restated credit agreement...
Crocs has entered into an amended and restated credit agreement that replaces the existing $30 million asset-backed line of credit set to expire in September 2014 with a five-year, $70 million secured revolving line of credit. Borrowings under the revolving credit facility will bear interest at variable rates, and it ...
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News briefs
Ten stores have already signed up to attend Le Snow...
Ten stores have already signed up to attend Le Snow Avant-Première, the European snowboard testing event being held Jan. 15-17 in La Clusaz, France, about 28 kilometers from Annecy. A good response has come this year from English shops, as well as from Norwegian and Swiss retailers. Numerous brands will ...
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News briefs
The American Chemical Society reports that Chinese scientists have developed...
The American Chemical Society reports that Chinese scientists have developed a cotton fabric that cleans itself of stains when exposed to sunlight. This is an upgrade from similar previous fabrics, which needed to be exposed to ultraviolet rays. The new fabric is coated with nanoparticles made from a compound of ...
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News briefs
Arnaud Ruffin has joined Invista Apparel as global marketing director...
Arnaud Ruffin has joined Invista Apparel as global marketing director for its Innerwear segment. His job will be to come up with initiatives to launch and expand programs for legwear, intimate apparel and swimwear. He comes from the specialty papers industry, with more than 13 years of experience in sales, ...
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News briefs
Under Armour has signed a multi-year deal with the NBA....
Under Armour has signed a multi-year deal with the NBA. Among other benefits, it allows some of the basketball champions who endorse the brand to wear official NBA uniforms while they promote the brand's basketball shoes in promotional campaigns, advertising and in the retail stores.
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News briefs
Last Sunday, snowboarders around the globe celebrated World Snowboard Day....
Last Sunday, snowboarders around the globe celebrated World Snowboard Day. This year 167 events were organized in 37 countries, up from the 160 events last year. For the first time, events were held in India, Brazil and Peru. All were welcome, with lessons available for beginners as well as demonstrations, ...
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News briefs
Bleach Pty. of Australia is taking back in-house the distribution...
Bleach Pty. of Australia is taking back in-house the distribution of its Insight brand of surf and skate clothing in France, Spain, Portugal, Germany, Austria, Switzerland and the U.K. At the beginning of 2009, the Australian company transferred ownership of the operation to Sport Finance, the successful French licensee ...
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News briefs
Michel Zany, president and chief executive of Cornilleau, has been...
Michel Zany, president and chief executive of Cornilleau, has been elected as the new president of Fifas, the French sporting goods industry federation. He takes the place of Claudine Reynes, former country manager of Fila in France, after many years at the helm of the organization. Zany will oversee six ...
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News briefs
Macintosh Retail Group is said to have selected three bidders,...
Macintosh Retail Group is said to have selected three bidders, including two private equity funds and the Dutch Bicycle Group, as candidates for the takeover of its Halfords operation, which includes the distribution of some 120,000 bicycles annually through the group's own 143 stores in the Netherlands and seven in ...
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News briefs
Forum Sport, the big Spanish sporting goods retailer in which...
Forum Sport, the big Spanish sporting goods retailer in which the Eroski retail group has a stake of 86 percent, is issuing 83,194 new shares with a nominal value of €6.01 each to boost its equity by €499,995 to €27.5 million. Existing shareholders will have rights of first refusal on ...
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News briefs
The exhibit space booked for the Outdoor Retailer Winter Market...
The exhibit space booked for the Outdoor Retailer Winter Market is already at a record level, over 25,000 square feet more than last year's total of 351,251 square feet. Nielsen Business Media, the organizer of the show, says that so far about 1,000 exhibitors have signed on, including 100 new ...
