All News briefs articles – Page 877
-
News briefs
P2i, which makes ion-mask nanocoating for water repellency, was named...
P2i, which makes ion-mask nanocoating for water repellency, was named the Most Innovative Company in Europe and the 2011 International Business Awards, taking home an International Stevie Award. The Stevie Award is named after the Greek word meaning “crowned,” and the honor goes to a company that has excelled globally. ...
-
News briefs
Andrea Pinarello, 40, has died of a heart attack at...
Andrea Pinarello, 40, has died of a heart attack at the end of a stage of the amateur Giro del Friuli bike race. He was a son of Giovanni Pinarello, professional bike racer and founder of the Pinarello bike company, and was in charge of marketing for the family's company.
-
News briefs
Net revenues declined by 5.7 percent to $8.99 million in...
Net revenues declined by 5.7 percent to $8.99 million in the second quarter ended June 30 for Orange 21, the parent company of Spy Optic, but on a pro forma basis, they increased by $0.6 million or 7 percent during the period. The company booked an operating loss of $618,000 ...
-
News briefs
Two Swedish sports retailers – Sportringen, with about 50 stores,...
Two Swedish sports retailers – Sportringen, with about 50 stores, and Jaktia, with about 20 stores – have entered a collaboration agreement on buying days and for marketing purposes. The first common fair will be organized in early September in Borås, Sweden. About 30 sport suppliers, 10-15 fishing suppliers, and ...
-
News briefs
PPR has raised its stake in Puma from 71.6 percent...
PPR has raised its stake in Puma from 71.6 percent to 75.1 percent. Out of the new equity, 1.15 percent of the stock will still be held by Puma.
-
News briefs
VF Corporation has sold $900 million senior unsecured notes in...
VF Corporation has sold $900 million senior unsecured notes in two parts, according to IFR, a Thomson Reuters service. Bank of America Merrill Lynch and JP Morgan Chase were the active bookrunning managers for the sale. According to the report, the issue for $400 million in notes, due Aug. 23, ...
-
News briefs
Persistently disappointing results for the fitness division of Accell Group...
Persistently disappointing results for the fitness division of Accell Group have prompted the appointment of Rob Beset at its helm. His current job as managing director of Batavus, one of the bike divisions of Accell, will be taken over by Huub Snellen, who currently runs another bike operation of the ...
-
News briefs
Batavus, the Dutch bicycle brand owned by Accell Group, has...
Batavus, the Dutch bicycle brand owned by Accell Group, has bought a Swedish bicycle supplier, Vartex, to strengthen the group's position on the Swedish market. Vartex will distribute Batavus as well as other Accell brands, such as Tunturi, Redline and Lapierre. This purchase also means that Vartex will no longer ...
-
News briefs
A group of young models is suing Skechers USA, accusing...
A group of young models is suing Skechers USA, accusing it using their images without proper payment. The complaint, filed in Superior Court in Los Angeles, say that Skechers paid a small fee for limited use of the models' images, but then built a global branding campaign around the photos, ...
-
News briefs
Le Coq Sportif has signed a deal to act as...
Le Coq Sportif has signed a deal to act as the exclusive supplier of footwear to the Australian Rugby Union and its national Qantas Wallabies team for the next two seasons, starting with its participation in the Rugby World Cup taking place in New Zealand next month. Le Coq ...
-
News briefs
Activinstinct, the leading specialist online retailer of sporting goods in...
Activinstinct, the leading specialist online retailer of sporting goods in the U.K., has announced a partnership with Shop Direct Group, the largest online and home shopping retailer in the country, which will thus continue to expand the product range it offers to a large clientele. After reaching sales of ...
-
News briefs
After a difficult start to the year and a slow...
After a difficult start to the year and a slow and dry Easter period, the Regatta Group is reporting a strong recovery with an 18 percent sales increase in the first half of the year and double-digit growth for each of its three brands. Regatta is up by 18 percent, ...
-
News briefs
The éS skate shoe brand is being discontinued after the...
The éS skate shoe brand is being discontinued after the next spring season, but its owner, Sole Technology, is hoping that it will be able to revive the brand if market conditions improve. The company's chief executive, Pierre-André Senizergues, called it “temporary silent market mode,” saying that the skate segment ...
-
News briefs
DPA, the German press agency, reports that Karstadt's new chief,...
DPA, the German press agency, reports that Karstadt's new chief, Andrew Jennings, appointed at the beginning of the year, is serious about expanding its network of sports stores. Currently, it has 26 of them, plus 86 department stores and the three premium stores operated in Hamburg, Munich and Berlin. Jennings ...
-
News briefs
Skechers has renewed its marketing agreement with the American reality...
Skechers has renewed its marketing agreement with the American reality TV star Brooke Burke, who will star in its new TV ads for new Skechers products, such as Shape-ups Liv, a lightweight addition to its popular toning line, and Skechers Resistance ProSpeed, a performance running shoe. The new deal runs ...
-
News briefs
Icon Health & Fitness has bought Altra Footwear, a developer...
Icon Health & Fitness has bought Altra Footwear, a developer of minimalist shoes, for an undisclosed amount. Altra Footwear was founded in 2009 by runners, and claims to have created the first “zero-drop” footwear line, meaning that the heel is the same height as the toe. Most running shoes have ...
-
News briefs
Jim Gabel, previously the president of Reebok North America, has...
Jim Gabel, previously the president of Reebok North America, has been named Adidas Group president for Canada, overseeing Adidas as well as Reebok in that country. Uli Becker, president of the Reebok brand, will take over Gabel's old responsibilities.
-
News briefs
The organizers of the Moscow Ski & Board Salon, scheduled...
The organizers of the Moscow Ski & Board Salon, scheduled for next Oct. 21-23, are proposing the creation of a Child Art-Sport Zone, featuring sport contests, a drawing clinic and contest, a blow-up rock climbing wall, a slide, and other amusements for children up to the age of 12. This ...
-
News briefs
The British Office of Fair Trading has announced that it...
The British Office of Fair Trading has announced that it is dropping its investigation into alleged anti-competitive practices among sports retailers. In September 2009, the OFT started the probe when JJB Sports accused Sports Direct of taking part in an agreement to tamp down competition in the sports retail segment. ...
-
News briefs
Anta Sports of China saw its net profit decline by...
Anta Sports of China saw its net profit decline by 22 percent to 927.3 million renminbi (€100.6m-$144.9m) for the first half of this year as the gross margin fell by 0.9 percentage points to 42.8 percent and its operating margin slipped by 1.3 percentage points to 24.6 percent. Still, the ...
