All News briefs articles – Page 865
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News briefs
Foot Locker launched a program on Oct. 23 to collect...
Foot Locker launched a program on Oct. 23 to collect used shoes at its stores all over Europe. Under the program, which was scheduled to run until Nov. 5, clients who return used shoes have been getting a €10 voucher for a discount on their next purchase of new sneakers ...
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News briefs
Black Diamond's growth rate increased to 24 percent for the...
Black Diamond's growth rate increased to 24 percent for the third quarter, allowing the outdoor company to reach a record level of $42.0 million in sales for the period. While volumes increased for all the 27 product categories covered by the group, 4 percentage points of the growth came from ...
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News briefs
Under Armour's total revenues grew by 41.7 percent to $465.5...
Under Armour's total revenues grew by 41.7 percent to $465.5 million in the third quarter, marking the third consecutive quarterly increase of more than 40 percent. Sales outside the U.S. jumped by 53.9 percent, but at $32.8 million they represented only 7 percent of the total turnover, and they were ...
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News briefs
Super Retail Group of Australia has completed the acquisition of...
Super Retail Group of Australia has completed the acquisition of the retail sporting goods retail division of Archer Capital, consisting of 90 Rebel Sport stores, 36 Amart shops and two Performance Sports doors. The acquisition price of 610 million Australian dollars (€458.4m-$632.3m) compares with the total turnover of these stores, ...
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News briefs
Décathlon is reportedly planning to open four additional stores in...
Décathlon is reportedly planning to open four additional stores in Romania by next spring, complementing the six units that it already has in the country, with the goal of forming a network of 20 stores in due time. With four new stores launched in the course of last year, according ...
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News briefs
Adidas has installed what it is calling a “virtual footwear...
Adidas has installed what it is calling a “virtual footwear wall” in its flagship store in London. The wall lets customers choose footwear from a virtual shelf of products through a touch-screen, and they can pre-order the shoes they pick. The shopper can turn the 3D images to see the ...
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News briefs
Nike has a new credit agreement that allows for up...
Nike has a new credit agreement that allows for up to about $1 billion in borrowings pursuant to a revolving credit facility, with the option to increase borrowings to $1.5 billion upon request by the company. The revolving credit facility matures in October 2016, with potential extensions available that could ...
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News briefs
Puma has sealed an agreement with Borussia Dortmund to replace...
Puma has sealed an agreement with Borussia Dortmund to replace Kappa as the Bundesliga football team's equipment supplier from next season and for the next eight years. Puma already has partnerships with two other teams in the Bundesliga, VFB Stuttgart and Hoffenheim, but it intends to turn Borussia Dortmund into ...
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News briefs
Craig Stevenson, president of the Americas region at Quiksilver, was...
Craig Stevenson, president of the Americas region at Quiksilver, was appointed as the company's global brand president and chief operating officer, from the start of this month. The global brand president is a new position, which is meant to supervise the Quiksilver, Roxy and DC brands' activities. The COO's functions ...
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News briefs
JJB is launching a dedicated in-store area at its Trafford...
JJB is launching a dedicated in-store area at its Trafford Center store in Manchester in conjunction with Nike. The area will offer free Nike Training Club fitness classes for female shoppers, as well as provide a dedicated area for Nike sportswear. The move is part of the company's efforts to ...
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News briefs
Asics is looking to increase its presence in floorball with...
Asics is looking to increase its presence in floorball with the launch of a collection of shoes specifically designed for the indoor sport. Initiated by Asics Sweden, the new shoe line was developed to offer floorball players a specific shoe with features optimized for the type of foot movements commonly ...
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News briefs
GolfTech, the Austrian golf distribution company with operations and partnerships...
GolfTech, the Austrian golf distribution company with operations and partnerships all around Europe, has acquired its U.K. distribution partner, Golf and Sports Supplies (GSS). The move is intended to bolster British sales of Big Max, the brand of golf trolleys owned by GolfTech. At the same time, the U.K. unit ...
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News briefs
James Van Doren, the co-founder of Vans, passed away at...
James Van Doren, the co-founder of Vans, passed away at the age of 72. Van Doren established the Van Doren Rubber Company with his older brother Paul in 1966 in Anaheim, California, and Vans footwear quickly became all the rage with a fast-growing crowd of skateboarders. James van Doren ran ...
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News briefs
Charles van Schaik has been placed in charge of Runnersworld,...
Charles van Schaik has been placed in charge of Runnersworld, the chain of specialist running stores belonging to Euretco, the Dutch buying group that also supervises Sport 2000 in the Netherlands. Van Schaik has been in the Dutch sports industry for many years, with executive functions at Reebok, Asics and ...
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News briefs
United Brands, the Belgian sports retailer, has reinforced its equity...
United Brands, the Belgian sports retailer, has reinforced its equity to continue enlarging its store network. A store of 2,000 square meters will be opened at the start of December in the city center of Aalst, and another store of the same size will appear near the K shopping center ...
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News briefs
The situation worsened in the first half for Blacks Leisure...
The situation worsened in the first half for Blacks Leisure Group, as sales declined and losses widened for the British outdoor and sporting goods retailer. The group's new management, led by Julia Reynolds, who joined the company as chief executive on Aug. 1, still sees clear potential for a turnaround ...
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News briefs
Direct Golf UK, the British specialist golf retailer, has continued...
Direct Golf UK, the British specialist golf retailer, has continued its expansion with the acquisition of Scottish Golf Center, the leading Scottish retailer with stores in Dundee and Edinburgh. The deal is to be completed in January and will enlarge Direct Golf to 19 stores. Mike Grubb, the owner of ...
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News briefs
Stag, the British buying group, held its second buying show...
Stag, the British buying group, held its second buying show in Ireland on Oct. 23-24 in Tullamore. Slightly more than 90 percent of the group's members based in Ireland showed up for the event, with the total number double that of last year's attendance. More than 30 brands were on ...
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News briefs
Brown Shoe Company has finalized the sale of its men's...
Brown Shoe Company has finalized the sale of its men's basketball and lifestyle shoe brand, And 1, to Galaxy International for $55 million in cash. Brown Shoe plans to use the proceeds from the deal to pay down debt. The U.S. shoe retail and wholesale company acquired And 1 in ...
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News briefs
The fitness segment of Brunswick Corporation, consisting essentially of Life...
The fitness segment of Brunswick Corporation, consisting essentially of Life Fitness and Hammer Strength, recorded a 14 percent sales increase to $157.2 million in the third quarter, but sales outside the U.S. declined by 1 percent to 49 percent of the total. The segment's operating profit grew to $22.6 million ...
