All News briefs articles – Page 882
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News briefs
Dahon North America, the maker of folding bicycles, has filed...
Dahon North America, the maker of folding bicycles, has filed suit in a U.S. District Court again Joshua Hon and Florence Hon, two former officers of the company, and two companies they operate, Mobility Holdings and Tern Bicycles. Dahon alleges that the two wrongfully seized control of its Taiwan subsidiary, ...
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News briefs
Skullcandy, the American supplier of trendy headphones and T-shirts that...
Skullcandy, the American supplier of trendy headphones and T-shirts that are also sold in sporting goods stores, had a successful lunch of its initial public offering. The initial $20 price of its shares on the Nasdaq stock exchange valued the company at $535.6 million after reporting a 66.3 percent sales ...
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Norbert Olbertz, who founded the American Sport Chalet chain...
Norbert Olbertz, who founded the American Sport Chalet chain of outdoor and snow sports stores in 1959, died of natural causes on July 15 at the age of 86. Trained as a pastry chef, he moved from Germany to Canada and then to the U.S. He set up the ...
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News briefs
The Indian government has announced that it is going...
The Indian government has announced that it is going to take action to fight the cotton crisis in the country. It was holding consultations among ministries this week to take a look at cotton exports. Measures it could introduce include reinstating duty drawback on cotton yarn exports and establishing a ...
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News briefs
Under Armour is considering opening a full-price shop in a...
Under Armour is considering opening a full-price shop in a European country sometime over the next 12 months as the range of its products is widening, comprising also some models that have been specifically designed for the market. Under Armour's Iberian distributor, Alnisa Sport Group, has just opened the first ...
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Under Armour has won a contract to supply performance training...
Under Armour has won a contract to supply performance training wear to all the members of the big Austrian Ski Federation, joining Löffler and Schöffel, which supply them with racing suits and related accessories. The American company will outfit them with base layers as well as outerwear specifically designed for ...
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News briefs
Golfino has assigned its sales operations in Switzerland to the...
Golfino has assigned its sales operations in Switzerland to the agency of Michael Rusterholz, called Custom Made. Corina Leppert, who was taking care of the country, can now concentrate on the Southern German regions of Bavaria and Baden-Württemberg. Rusterholz serves other renowned brands from the fashion and golf clothing segment.
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News briefs
Nike has expanded its footprint in Beaverton, Oregon, with a...
Nike has expanded its footprint in Beaverton, Oregon, with a new five-year lease on 26,000 square feet adjacent to its world headquarters. The new space will house administration and lab research, and will add more than 100 employees to the total of 300 who already work at the headquarters.
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News briefs
Bic Sport has sold Takoon, one of the pioneering brands...
Bic Sport has sold Takoon, one of the pioneering brands of kitesurfing, to P&L Design, a company set up and equally owned by two industry veterans, Pierre Engel and Jacques Freydrich. Engel has worked for Tiga and Gaastra in the past. Freydrich has headed up some of Neil Pryde's operation ...
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News briefs
New Wave Group, the Swedish brands company that owns Craft,...
New Wave Group, the Swedish brands company that owns Craft, Cutter & Buck and several other operations, plans to buy Ahead, an American supplier of headwear and other products. Ahead, for which New Wave will pay $17.4 million, will fall under the auspices of a new subsidiary being set up ...
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News briefs
Exel Composites, which went out of the sporting goods business...
Exel Composites, which went out of the sporting goods business a few years ago, has signed a license agreement with E-Sports Group for the use of the Exel trademark in poles for skiing, Nordic Walking and Nordic Blading. E-Sports is a Finnish firm that already licenses the Exel brand name ...
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News briefs
SRAM is buying itself out of Triatlantic, the private equity...
SRAM is buying itself out of Triatlantic, the private equity firm that invested in the company in 2009, as a prelude to its own planned public offering, which should raise about $300 million in new equity. The big American supplier of bike components obtained new credit facilities totaling $790 million ...
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News briefs
Speedo is capitalizing on its relationship with the Olympic champion...
Speedo is capitalizing on its relationship with the Olympic champion swimmer Michael Phelps. At the Fina World Championships currently taking place in Shanghai, visitors to Speedo's special branded area in the Oriental Sport Center can try out “Push the Limit,” the new swimming video game for Kinext for Xbox 360 ...
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News briefs
GBsport TV, a free digital sports channel that will stream...
GBsport TV, a free digital sports channel that will stream sports live in the U.K., is preparing to launch in September. The channel has the backing of the sports production company Input Media; the brand engagement specialist Kameleon; the Telegraph Media Group; and Convers Sports Initiatives, a fast-growing sports, media ...
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News briefs
Werner Grau, chief executive officer of the Uvex sports group,...
Werner Grau, chief executive officer of the Uvex sports group, will be retiring after 33 years in the family business and leave the company at the end of July next year. From January 2012, Katharina Le Thierry will be assuming the post. Born in 1964, she has had a long ...
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News briefs
The U.S. Consumer Product Safety Commission is overseeing the recall...
The U.S. Consumer Product Safety Commission is overseeing the recall of about 800 Uvex Funride ski helmets that were imported into the U.S. by Uvex Sports of Rhode Island and Swix Sports of Massachusetts. The helmets were found to provide insufficient shock absorption and resistance to penetration, increasing the wearer's ...
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News briefs
Garmont denies rumors concerning a possible sale of the company,...
Garmont denies rumors concerning a possible sale of the company, although it has reportedly received at least one takeover offer. The rumors probably originated from the departure earlier this year of Gord Bailey, the company's longtime U.S. manager. Company officials say that Garmont plans to announce a new management structure ...
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News briefs
A new German company, Sole Runner, presented a line...
A new German company, Sole Runner, presented a line of innovation of barefoot shoes at this year's OutDoor trade show in Friedrichshafen. Shaped like a glove, but using sturdy materials, the sole is only 1.2-1.5 mm thick. The collection includes only two pieces at the moment. The production of the ...
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News briefs
Freddy has signed new distribution contracts with LiLu for the...
Freddy has signed new distribution contracts with LiLu for the Russian market and with Sport on Top for the Danish market. Both contracts were signed at the beginning of this year. In July this year, Freddy signed a new distribution contract with Snow Force BVBA for the Benelux countries. Zalando, ...
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J.Lindeberg opened several new mono-brand stores in the last couple...
J.Lindeberg opened several new mono-brand stores in the last couple of months. Three new stores have been opened in Hong Kong, a new store has been opened in Malmö, two new stores in Stockholm and one new store in Miami. Further expansion of mono-brand stores is planned for the second ...
