All News briefs articles – Page 876
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News briefs
The department stores of El Corte Inglés remain a major...
The department stores of El Corte Inglés remain a major retail channel for sporting goods in Spain. As reported in the previous issue, their sales of sporting goods rose by an estimated 0.8 percent to €427 million, excluding its two stores in Portugal. Overall, the department stores of El Corte ...
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News briefs
David Perdue and Michael Wilskey are new members of the...
David Perdue and Michael Wilskey are new members of the board of Easton-Bell Sports. Perdue, 61, is the chief executive of Aquila Group, a private investment firm, and Wilskey is a retired brand and marketing executive from Nike.
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News briefs
Royal Gazelle is looking for a new managing director in...
Royal Gazelle is looking for a new managing director in the wake of its finalized takeover by Pon Holdings BV and the subsequent resignation of former boss Jeroen Walraven. He had been chief executive of the Dutch bike manufacturer since April 15. The company hopes to expand globally under its ...
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News briefs
Hi-Tec has named King Par to be the exclusive distributor...
Hi-Tec has named King Par to be the exclusive distributor of its golf products in North America. King Par is a primary supplier of its own brands as well as distributed brands to mass retailers and club, specialty, pro and online shops. It has worked in the North American golf ...
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News briefs
Skins has picked new distributors for Sweden and for the...
Skins has picked new distributors for Sweden and for the Czech Republic and Slovakia. Svea Sport Fashion will handle the compression wear brand in the Scandinavian country, while 3R Boost s.r.o. will sell it in the Czech Republic and Slovakia. The new distributors will help launch the Skins 200 series ...
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News briefs
An unfortunate editing error slipped into our last issue with...
An unfortunate editing error slipped into our last issue with regard to the relationship between Ole Damm, the new owner of SOS skiwear, and the Björn Borg brand. The company that distributes Björn Borg in Denmark is owned by Damm, and he is one of the numerous investors who have ...
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News briefs
The expansion of the Etnies Skatepark of Lake Forest has...
The expansion of the Etnies Skatepark of Lake Forest has been completed, making it the largest free public skatepark in the U.S. A party was held on Aug. 20 to celebrate the completion of the work, which cost $1 million and covered nearly 22,000 square feet. The skatepark includes a ...
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News briefs
The World Federation of the Sporting Goods Industry will host...
The World Federation of the Sporting Goods Industry will host a public forum on the globalization of the industry at the Geneva headquarters of the World Trade Organization next Sept. 21 from 11:15 AM to 1:15 PM. Admission will be free. The purpose of the conference, titled “Made in the ...
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News briefs
In the first nine months of its financial year, a...
In the first nine months of its financial year, a period ended on June 30, Yue Yuen raised its net profit by 5.9 percent to US$377.0 million even as its total revenues rose by 23.4 percent to $5.19 billion. Revenues from shoe manufacturing grew by 25.8 percent to $3.68 billion, ...
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News briefs
Norrøna has opened its first store in Sweden on Norrlandsgatan...
Norrøna has opened its first store in Sweden on Norrlandsgatan in Stockholm, mostly to improve the image of the Norwegian brand in the country. The spacious 450m² store is divided into five sections: skiing and snowboard, alpine climbing, outdoor, hunting, and lifestyle. In the middle of the store, there is ...
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News briefs
JJB Sports is going to hold a general meeting to...
JJB Sports is going to hold a general meeting to approve an Equity Incentive Plan that is designed to encourage the company's directors and senior managers to execute JJB's ongoing turnaround plan successfully. The plan would award Mike McTighe, Keith Jones, Dave Williams and David Adams, as well as a ...
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News briefs
Golfsmith International, which until now has had retail operations only...
Golfsmith International, which until now has had retail operations only in the U.S., is expanding internationally, starting with South Korea. Most golf there is played indoors on golf simulators, and more than 84 percent of the market for these products is ruled by Golfzon. This Korean company will open and ...
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News briefs
TaiSPO, the Taipei International Sporting Goods Show, is the second-largest...
TaiSPO, the Taipei International Sporting Goods Show, is the second-largest sporting goods trade show in Asia. Its 38th edition held in April drew 1,892 international visitors from 75 countries, its largest international visitor count yet and an increase of 2 percent from the year before. The countries with the largest ...
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News briefs
Intersport PSC, the Swiss licensee of Intersport International, says its...
Intersport PSC, the Swiss licensee of Intersport International, says its net profit will decline slightly this year because of the strong appreciation of the Swiss franc against the euro, which has been affecting sales to foreign tourists. The problems started in border areas in the spring and they have been ...
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News briefs
An NBA Store is opening as a temporary pop-up shop...
An NBA Store is opening as a temporary pop-up shop in New York this autumn, near where the store it shuttered in February was located. Adidas will run the 6,000-square-foot store, on Fifth Avenue between 47th and 48th Streets, and incur all the associated expenses. The league is looking for ...
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News briefs
Sales of PrimaLoft products increased by 6.1 percent to $8,941,000...
Sales of PrimaLoft products increased by 6.1 percent to $8,941,000 in the three months ended June 30, says its parent company, Albany International, whose total revenues inched up by 2.0 percent to $244.0 million. Operating income rose to $3,165,000 at PrimaLoft from $2,926,000 in the year-ago period, but it fell ...
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News briefs
Garmin's outdoor segment posted a sales increase of only 1...
Garmin's outdoor segment posted a sales increase of only 1 percent to $81.0 million in the second quarter ended June 25, generating operating income of $35.7 million. However, the management is projecting a higher growth rate for the third quarter following the launch of updated product lines and the acquisition ...
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News briefs
Descente reports a sales increase of 11.3 percent to ¥16.47...
Descente reports a sales increase of 11.3 percent to ¥16.47 billion (€149.4m-$215.0m) for its first quarter, ended on June 30. The gross margin slipped to 47.6 percent from 48.0 percent, but a cut in operating expenses helped the company reduce its operating losses sharply to ¥167 million (€1.5m-$2.2m) from ¥597 ...
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News briefs
Décathlon is said to be opening its 13th German store...
Décathlon is said to be opening its 13th German store in Mainz soon with the interesting adjustment of strategy that the store should be located right downtown, next to the central railway station. Reportedly, the French chain is investing €40 million in a new distribution center in Schwetzingen, a town ...
