All News briefs articles – Page 874
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News briefs
Accell Group, Selle Royal, Sram, Trek and other companies have...
Accell Group, Selle Royal, Sram, Trek and other companies have committed financial support for the launch of a new global Cycling Industry Club (CIC), a group sponsored by the European Cyclists' Federation (ECF) that intends to promote bicycle riding across Europe. Other companies are invited to join the club, with ...
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News briefs
According to the Swedish Retail Sales Index, the country's sporting...
According to the Swedish Retail Sales Index, the country's sporting goods retail market increased by 3.5 percent at current prices in July as compared to last year. This means an accumulated increase so far this year of 0.7 percent. On an adjusted basis, sales rose by 7 percent in July, ...
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News briefs
Canadian Tire has completed the acquisition of Forzani Group through...
Canadian Tire has completed the acquisition of Forzani Group through a subsidiary called FGL Acquisition, taking the company out of the Toronto stock exchange. It has also appointed a new management for FGL led by Michael Medline. The former chief executive of Forzani, Bob Sartor, is leaving, and its former ...
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News briefs
David Pfeiffer, who acted as chairman of the U.S. National...
David Pfeiffer, who acted as chairman of the U.S. National Sporting Goods Association (NSGA) between 1985 and 1986, has passed away. He was 81 years old.
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News briefs
Adidas is launching its first “barefoot” shoe, the Adipure, starting...
Adidas is launching its first “barefoot” shoe, the Adipure, starting in the U.S. next November with a recommended retail price of $90 a pair. The European retail launch is expected next June 1. The Adipure is described as a shoe with a low footbed and a minimalistic profile that promotes ...
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News briefs
Nike China has admitted to false advertising for its Nike...
Nike China has admitted to false advertising for its Nike Zoom Hyperdunk 2011, which it started selling at the end of July. Caixin.com reports that the advertisements stated that the shoes sold in China had two Zoom Air cushions – like the ones sold in the U.S. – but in ...
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News briefs
The Spanish sporting goods industry federation, Afydad, will be organizing...
The Spanish sporting goods industry federation, Afydad, will be organizing a seminar about radio frequency identification in cooperation with the Barcelona Moda Center, BMC. The event will take place on Sept. 29 at the facilities of the BMC near Barcelona, in Sant Quirze del Vallès. The event program includes a ...
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Carlos Rosal Bertrand, the famous Spanish entrepreneur who fought against...
Carlos Rosal Bertrand, the famous Spanish entrepreneur who fought against Nike in the Spanish courts for many years, died on Aug. 9 at the age of 69. He dedicated most of his professional life to Sport Concept and Comercial Ibérica de Exclusivas Deportivas, also known as Cidesport. Both companies belong ...
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News briefs
A U.S. company called Compass Diversified Holdings has agreed to...
A U.S. company called Compass Diversified Holdings has agreed to pay $257.5 million for a stake of 89.9 percent in the holding company of Camelbak, the leading supplier of portable hydration equipment for cyclists, hikers and other athletes. The price is based on an enterprise value of $245.0 million and ...
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News briefs
The Olympian Alicia Sacramone is the first gymnast to sign...
The Olympian Alicia Sacramone is the first gymnast to sign with Under Armour. She worked with the company on a custom leotard, and will be a brand ambassador at the Olympics.
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News briefs
Jack Wolfskin has ambitious financial goals for this year. The...
Jack Wolfskin has ambitious financial goals for this year. The company is going back into the Canadian market and opening a new store in France (more in The Outdoor Industry Compass).
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News briefs
Asics America Group has opened the first flagship store for...
Asics America Group has opened the first flagship store for the Japanese brand in São Paulo, Brazil, the first move in the company's planned retail expansion in the country. The Brazilian subsidiary is the company's fastest-growing worldwide, reporting a 39 percent sales increase in 2010. The new store has shoes, ...
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News briefs
Nautilus is sueing Icon Health & Fitness for breach of...
Nautilus is sueing Icon Health & Fitness for breach of contract in a federal court in San Antonio, Texas. It complains that Icon failed to make timely and accurate payments of royalties on patent licensing agreements between July 2006 and Sept. 2010. The contract stipulated a royalty fee of 4 ...
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News briefs
Anta, the Chinese footwear brand, plans to invest in a...
Anta, the Chinese footwear brand, plans to invest in a new production facility for leather footwear in Shangqiu, a city in Henan province. The company will put more than $150 million toward the project. Shangqiu, which has a population of 7.5 million and is a central hub for several railway ...
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News briefs
Protest, the Dutch brand of boardsports apparel, has opened its...
Protest, the Dutch brand of boardsports apparel, has opened its second store in Beijing as part of its expansion in China, with more stores in Beijing and Shanghai planned by the end of this year, run through its Chinese partner, BTS Shanghai International. The Netherlands now represents only 20 percent ...
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News briefs
JD Sports Fashion has appointed Jean-Baptiste Bessone, a former manager...
JD Sports Fashion has appointed Jean-Baptiste Bessone, a former manager of Puma and Guess, to run its new network of JD stores in France. The British company has also hired Stéphanie Dal, who comes from the fashion retail sector, to replace José Moreira as French sales manager for JD and ...
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News briefs
Following the appointment of Jon Fernández as the new general...
Following the appointment of Jon Fernández as the new general manager of Orbea, three other executives have changed jobs at the Spanish bicycle company. Gabriel Bazaga, who handled sales on the Spanish market, has now global responsibilities. Joseba Arizaga takes care of outdoor projects, a new function intended to promote ...
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News briefs
Kip Fulk, a founding partner of Under Armour, is now...
Kip Fulk, a founding partner of Under Armour, is now chief operating officer of the company, replacing Wayne Marine. In addition to product development, he will oversee sourcing and information technology. A director of Under Armour, Chip Adams, will act as chief performance officer.
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News briefs
New Balance will be opening its first mono-brand store in...
New Balance will be opening its first mono-brand store in Spain by the end of September. The store will be located in Madrid and will offer various product categories of the brand, including apparel, footwear and accessories. Additionally, a lifestyle collection will be added to the offerings.
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News briefs
Kennith Barlow and Evan Torrance have been named directors on...
Kennith Barlow and Evan Torrance have been named directors on the board of Cape Union Mart, the South African retailer. Barlow is the team leader for Cape Union Mart Retail, and Torrance is group marketing manager. They've been executives of the company since 2004.
