All News briefs articles – Page 887
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News briefs
Henry Kissinger, the famous former U.S. statesman, has been invited...
Henry Kissinger, the famous former U.S. statesman, has been invited by Sepp Blatter, who was recently re-elected at the head of Fifa, to join a new committee intended to improve the accountability of the international governing body for football. Kissinger, who is now 88 years old, has reportedly replied that ...
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News briefs
The Spanish brand Original Buff recorded an increase in total...
The Spanish brand Original Buff recorded an increase in total sales of 20 percent to €22 million in 2010. Domestic sales accounted for 20 percent of the company's total sales. For 2011, the company expects a 10 percent increase. Regarding its international expansion, the company sees great potential in Asian ...
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News briefs
Le Coq Sportif, a French sports brand whose history started...
Le Coq Sportif, a French sports brand whose history started off with cycling apparel, is returning to the Tour de France as the supplier of the race's official shirts. Le Coq Sportif provided these shirts for about four decades until 1988. Through this year the Tour de France will be ...
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News briefs
Helly Hansen, the Norwegian winter sports and sailing brand, has...
Helly Hansen, the Norwegian winter sports and sailing brand, has obtained an agreement to provide technical gear and sports apparel to Team Sanya, the first Chinese team to enter the Volvo Ocean Race. Team Sanya will take part in the upcoming edition of the race, starting from Alicante in October ...
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News briefs
Gustavo Kuerten, the Brazilian tennis champion, has won most of...
Gustavo Kuerten, the Brazilian tennis champion, has won most of his victories with Head racquets.
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News briefs
Jan Cameron, the founder of Kathmandu, an outdoor company from...
Jan Cameron, the founder of Kathmandu, an outdoor company from New Zealand, has reportedly bought a stake worth 20 million Australian dollars (€14.9m-$21.1m) in Macpac Outdoors, a rival from the same country. Cameron sold Kathmandu for about A$275 million (€204.9m-$289.9m) in 2006 to a group of private equity firms that ...
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News briefs
Canadian Tire is stretching the deadline for responses to its...
Canadian Tire is stretching the deadline for responses to its bid for Forzani Group's shares after being informed by the Canadian Competition Bureau that it would need more information to review the proposed transaction. Forzani's shareholders will have 30 days to tender their shares after the supply of the additional ...
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News briefs
Deckers Corp. has decided to cease distribution of Simple shoes...
Deckers Corp. has decided to cease distribution of Simple shoes after Dec. 31, following its recently announced acquisition of Sanuk, as the two brands may cannibalize each other. While Sanuk is experiencing a solid momentum, Simple and two other recently acquired brands, Ahnu and Tsubo, recorded a 28 percent sales ...
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News briefs
We hear that Intersport Germany has finally settled its claim...
We hear that Intersport Germany has finally settled its claim against Hartmut Fröhlich, the long-time president of the group. Intersport alleged that the retired president had broken the buying group's rules of conduct by providing financial support to troubled members. Apparently, the judge in charge accepted the settlement of the ...
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News briefs
A court in Düsseldorf has ruled that Künzli Classic shoes,...
A court in Düsseldorf has ruled that Künzli Classic shoes, which feature five stripes, should be removed from German stores. This is the latest installment in a dispute between K-Swiss, the Californian shoe brand, and Künzli, the much smaller Swiss brand from which K-Swiss originated. Künzli said that its founder, ...
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News briefs
Plimsoll, a financial consultant in the U.K., estimates that one...
Plimsoll, a financial consultant in the U.K., estimates that one out of five companies in the British sports and leisurewear sectors could change ownership as a consequence of the current economic climate. The consultancy identified 78 companies sitting on a sizeable cash reserve, which is not very productive due to ...
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News briefs
Contrary to our reporting in the last issue, Mammut's new...
Contrary to our reporting in the last issue, Mammut's new German-based European logistics center will also supply the Swiss market.
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News briefs
The District Court of Madrid has repealed the ruling of...
The District Court of Madrid has repealed the ruling of a Spanish arbitration committee, issued in June last year, that required Puma to pay €98 million in compensation to Estudio 2000, after the termination of this company's license for the Puma brand in Spain at the beginning of last year. ...
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News briefs
Matt Kaplan has joined Footbalance, the Finnish maker of custom-molded...
Matt Kaplan has joined Footbalance, the Finnish maker of custom-molded insoles, as its president and managing director for the North American market. He was previously vice president and business director in North America for Suunto, the brand of sports and outdoor instruments owned by the Amer Sports group. This is ...
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News briefs
Décathlon's “Le Petit Footballeur” (the little football player) won the...
Décathlon's “Le Petit Footballeur” (the little football player) won the first prize in a contest earlier this month for the best advertising campaign over the internet in France, organized by Stratégies magazine and YouTube. Aired in June 2010, the campaign was developed by BETC Euro RSCG. Internet users and an ...
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News briefs
Ephemeral stores can be a good way to establish a...
Ephemeral stores can be a good way to establish a new brand name in the market. Pelé Sports, the football and lifestyle brand inspired by the Brazilian football player by the same name that was launched in several countries last year, is to open its first store on a temporary ...
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News briefs
Rapala and Shimano, the leading manufacturers of fishing rods and...
Rapala and Shimano, the leading manufacturers of fishing rods and reels, have agreed to merge their existing U.K. distribution activities into an equal joint venture, Shimano Normark UK. This joint venture will enter into a distribution agreement with Rapala and its subsidiary, Dynamite Baits, regarding Rapala's current product offering in ...
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News briefs
MyStromer from Switzerland is the overall winner of the second...
MyStromer from Switzerland is the overall winner of the second BrandNew Award of Bike Expo Munich, for an e-bike with a fully integrated battery system: Hidden in the frame of the bicycle, it may be exchanged conveniently with one press of a button. Energy is recovered during braking, yielding increased ...
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News briefs
Spanish investors have injected a total of €930,000 into LN+Iberoamérica,...
Spanish investors have injected a total of €930,000 into LN+Iberoamérica, the Spanish company that markets Li Ning in Spain. They have done this through three separate capital increases in the last few months, raising its equity to €1.67 million. The Chinese brand has an option on the company's shares. Run ...
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News briefs
Seven out of 10 sports shops located in French mountain...
Seven out of 10 sports shops located in French mountain resorts booked a drop in sales during the winter season, according to a survey carried out by FPS with 140 points of sale representing about 15 percent of the market. The decline in revenues is estimated at 6 percent, led ...
