All News briefs articles – Page 883
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News briefs
The NBA has decided to shut down its offices in...
The NBA has decided to shut down its offices in Paris and Tokyo, leading to 114 layoffs and to annual savings of about $50 million. The NBA lost about $300 million in the past season, and it stands to make further losses due to a lockout that began after efforts ...
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News briefs
As part of its decision to focus on its fashion...
As part of its decision to focus on its fashion and living segments, Macintosh Retail Group is seeking a buyer for its Halfords business, which includes bicycles, car and bicycle accessories, and navigation equipment. In September, Macintosh will issue an information memorandum to interested parties, and then choose potential buyers ...
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News briefs
Remember Gregor Dietachmayer? The former managing director of Fischer Sports,...
Remember Gregor Dietachmayer? The former managing director of Fischer Sports, who is only 45 years old, doesn't have to worry anymore whether there is going to be enough snow on the ground as the new international sales manager of Silhouette, the big Austrian company that markets its own brand of ...
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Rossignol's management indicates that it is still in preliminary discussions...
Rossignol's management indicates that it is still in preliminary discussions with European antitrust authorities about a project whereby Jarden Corporation and the Macquarie investment group, which currently owns the majority of Rossignol's shares, would share control of the company. While denying rumors of a veto, an executive of Rossignol said ...
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News briefs
Forty suppliers exhibitors showed at the latest trade show of...
Forty suppliers exhibitors showed at the latest trade show of ISRA, the Irish buying group, including Harrows, Ridge 53, Reusch, Mizuno, Asics, Fitness-Mad, Precision Training and Wacky Sox. The event, held July 11-12 in Killenard, drew 30 retailers. John Riordan, ISRA's coordinator, said that the number of orders placed at ...
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News briefs
Heiner Oberrauch, president of the Salewa/Oberalp group, will be the...
Heiner Oberrauch, president of the Salewa/Oberalp group, will be the keynote speaker at a dinner sponsored by Ispo during the European Outdoor Forum, scheduled to be held in Annecy, France, on Oct. 11-12. Like last year, where the keynote speaker was Paul Petzl, the dinner will take place on a ...
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News briefs
Fortune Brands, which plans to close on the $1.23 billion...
Fortune Brands, which plans to close on the $1.23 billion sale of Titleist, FootJoy and Pinnacle to Fila Korea and other investors this summer, plans to split the balance of its operations at the end of this year into two separate publicly traded units, one for spirits and wines, and ...
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News briefs
Puma's new “Clever Little Shopper” bags are 100 percent biodegradable....
Puma's new “Clever Little Shopper” bags are 100 percent biodegradable. Made from corn starch, the bags will decompose naturally in three months, and will dissolve in water in minutes. The new bags are the alternative to its red shoeboxes and should save an additional 192 tons of plastic and 293 ...
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News briefs
In 2012, Havaianas will be launching a special collection of...
In 2012, Havaianas will be launching a special collection of sport sandals. Alpargatas, owner of the Brazilian brand of thongs, hopes that this will open up new distribution channels. Havaianas will differentiate the fashion and sports collections, selling the new sport sandals only in the sporting goods retail circuit and ...
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News briefs
Yue Yuen has reported net income of $272.5 million for...
Yue Yuen has reported net income of $272.5 million for the first half ended last March 31, up from a profit of $222.8 million in the same period a year ago. We already reported on the company's 24.4 percent increase in sales to $3,301.9 million for the same period in ...
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News briefs
Hans-Hermann Deters, the 51-year-old was most recently the chief executive...
Hans-Hermann Deters, the 51-year-old was most recently the chief executive of Kettler, will be joining the executive board of Ara Shoes as of Aug. 1, filling a new position where he will have responsibility for marketing, distribution and sales. Deters originally studied law and worked in news publishing, but he ...
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News briefs
Giant Manufacturing reports a 7 percent increase in consolidated sales...
Giant Manufacturing reports a 7 percent increase in consolidated sales for the six months ended June 30 to 22,754 million Taiwanese dollars (€558.9m-$789.4m). However, sales slipped by 1.5 percent during the month of June.
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News briefs
The International Olympic Committee has added three new events that...
The International Olympic Committee has added three new events that will make their debuts at the 2014 Winter Olympics: slopestyle skiing, slopestyle snowboarding and snowboarding parallel slalom. These come on top of halfpipe skiing and women's ski jumping, which the committee added in April. The executive board of the IOC ...
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News briefs
Following an interesting business model, the Adidas Group is indirectly...
Following an interesting business model, the Adidas Group is indirectly backing the development of new brands and new technologies through a new fund in San Francisco, Hydra Ventures. It is structured as a venture capital fund, but it is headed up by Tom Montgomery, who has beben head of corporate ...
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News briefs
VF Corporation has signed an agreement with Arvind Group for...
VF Corporation has signed an agreement with Arvind Group for the distribution of Vans in the country. As part of the deal, two Vans stores will be opening in Bangalore and Delhi in the next few weeks. The Arvind Group has had a close partnership with VF for its jeans ...
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News briefs
The Swiss group Maus Frères, owner of Lacoste and Aigle,...
The Swiss group Maus Frères, owner of Lacoste and Aigle, has taken a majority stake in Eboutic.ch, the leading online retailer in Switzerland. It bought a 70 percent stake in the company for an undisclosed sum, leaving the remaining 30 percent under the control of Eboutic's founders, Arthur Dauchez and ...
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News briefs
FC Maccabi Tel Aviv will get its equipment from Under...
FC Maccabi Tel Aviv will get its equipment from Under Armour through a new partnership. Under Armour will provide technical undergarments, apparel for training and competition, footwear and equipment for staff and academic teams. This is the brand's first big foray into Israel.
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News briefs
Nike has opened its third Salvation store, the banner devoted...
Nike has opened its third Salvation store, the banner devoted to action sports. The new 4,000-square-foot store in Malibu, California, joins others in Laguna Beach and Irvine in the same state. Salvation offers products from Nike, Converse and Hurley, along with a knowledgeable sales staff. It also features “The Workshop,” ...
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News briefs
The first line of shoes under the Scorpion Bay brand...
The first line of shoes under the Scorpion Bay brand name was one of the novelties at last month's Expo Riva Schuh show. Scorpion Bay is an Italian brand of surf-inspired clothing and accessories with numerous franchised stores in several countries. The five-year license for the development and production of ...
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News briefs
Crocs sponsored a beach soccer tournament during the last weekend...
Crocs sponsored a beach soccer tournament during the last weekend in Berlin. The company has been the main sponsor of the event, which took place in the big O2 World arena in Berlin. In order to create awareness of the event, Crocs designed a small mannequin made of the croslite ...
