All News briefs articles – Page 891
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News briefs
Invista has made three internal promotions. After more than 15...
Invista has made three internal promotions. After more than 15 years with the company in South America, the U.S. and Europe, Denise Sakuma is made global and North American brand communication director. She was previously segment director for legwear, a position in which she is going to be replaced by ...
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News briefs
The retailers affiliated with Intersport and Sport 2000 in Germany...
The retailers affiliated with Intersport and Sport 2000 in Germany had softer sales during the first three months of the year, particularly in March, according to the German Sport + Mode trade publication. At Intersport, sales were down by 14 percent in the quarter, and March alone was down by ...
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News briefs
Orange 21, parent company of Spy Optic, is warning investors...
Orange 21, parent company of Spy Optic, is warning investors that it will need to raise more equity in the current quarter after posting a net loss of $1.3 million in the first one. Sales declined to $6.7 million from $8.3 million a year ago. The drop was only partly ...
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News briefs
Descente enjoyed a 35.7 percent increase in net income to...
Descente enjoyed a 35.7 percent increase in net income to 2.51 billion yen (€21.7m-$30.7m) in the financial year ended March 31. Operating earnings grew by 20.9 percent to ¥3.73 billion (€32.2m-$45.6m), although revenues were basically flat at ¥75.7 billion (€654.1m-$925.9m). The gross margin ratio was 47.3 percent. The Japanese company, ...
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News briefs
A total of 435 people have registered on Facebook to...
A total of 435 people have registered on Facebook to attend the Sneakerness convention in Cologne on May 21-22, which is open to trade visitors and the general public. It was going to be held for only one day on Saturday, but the organizers have decided to extend it for ...
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News briefs
French sporting goods retailers' sales grew by between 5 percent...
French sporting goods retailers' sales grew by between 5 percent and 10 percent in April, according to a survey made by sport-guide.com. It was the third consecutive month registering an increase, but because of a big drop in January, the increase for the first four months of this year was ...
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News briefs
BC Partners, a private equity group, is buying a 78.7...
BC Partners, a private equity group, is buying a 78.7 percent stake in Gruppo Coin SpA, the largest apparel retailer in Italy. That stake is worth €733 million, and it is reported that BC Partners will also make a play for the remaining shares as well. If so, the total ...
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News briefs
Goldwin reports a decline of 8 percent in consolidated net...
Goldwin reports a decline of 8 percent in consolidated net income to 1.49 billion yen (€12.9m-$18.2m) for the financial year ended March 31. Annual sales and operating income both rose by 2 percent, reaching levels of ¥42.4 billion (€366.4m-$518.6m) and ¥603 million (€5.2m-$7.4m), respectively.
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News briefs
Trek Sweden AB, the Swedish subsidiary of the American bicycle...
Trek Sweden AB, the Swedish subsidiary of the American bicycle giant, will be responsible for the Finnish market as well, starting on July 1. To ensure top-quality service, a Finnish department will be opened at the Trek Sweden AB office in Halmstad. Recruitment is now under way. This summer, Trek ...
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News briefs
Deckers Outdoor Corporation has signed an agreement to acquire Sanuk,...
Deckers Outdoor Corporation has signed an agreement to acquire Sanuk, an American brand of beach sandals and other lifestyle shoes whose sales are expected to double this year from $43 million in 2010, generating Ebitda of $15 million. Deckers will pay $120 million in cash, plus an earn-out provision of ...
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News briefs
Aspom, the new European recruitment agency specializing in action sports,...
Aspom, the new European recruitment agency specializing in action sports, says its website has counted 45,000 visitors per month since its launch one year ago. Job-seekers enjoy free access to the offers posted on the site, which are run both in French and in English. Based on the Basque coast ...
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News briefs
The International Cotton Advisory Committee, a group based in the...
The International Cotton Advisory Committee, a group based in the U.S., reports that prices for cotton dropped in April, the first drop in seven months. The reasons cited were a decline in demand and a switch to man-made fibers. The Cotlook A Index listed cotton at $2.44 per pound on ...
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News briefs
Arena has affiliated itself with the Fair Labor Association in...
Arena has affiliated itself with the Fair Labor Association in an effort to help improve labor conditions worldwide. The Fair Labor Association was formed in 1999, with a goal of wiping out sweatshops and protecting workers' rights. Other companies that are part of the group include Adidas, Asics, Nike and ...
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News briefs
Foot Locker has officially introduced its Sneakerpedia.com after its initial...
Foot Locker has officially introduced its Sneakerpedia.com after its initial launch in beta form last December. Sneakerpedia is a social platform where sneaker enthusiasts and collectors can come together to contribute their own information, wiki-style, and show off unique styles and independent collections. Foot Locker is encouraging sneaker lovers to ...
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News briefs
Billabong has sealed a strategic partnership agreement with Universal Music...
Billabong has sealed a strategic partnership agreement with Universal Music Group, a leading company in merchandising music and entertainment. The two companies will bring together musicians, artists and athletes to co-produce music, television and video content as well as to organize joint live events.
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News briefs
Hirzl AG's gloves are the new official gloves of the...
Hirzl AG's gloves are the new official gloves of the Ladies European Tour under a two-year contract. The company will provide the golfers with its range of golf gloves and the Tour will endorse its products as the choice of its players. Recently, the Swiss company named Elisabeth Esterl, the ...
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News briefs
PPR Group has gone ahead formally with the launch of...
PPR Group has gone ahead formally with the launch of a cash tender offer for Volcom's shares, making it conditional on obtaining at least a majority of them on a fully diluted basis, as well as approval by antitrust authorities. The price of $24.50 per share is confirmed. The offer ...
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News briefs
Itochu has obtained a master license for the Airwalk brand...
Itochu has obtained a master license for the Airwalk brand in China, Hong Kong and Macau from Collective Licensing International. As previously reported, the Shanghai Sport 100 chain has already started to work with Airwalk in China, and it will continue to serve as Itochu's retail and wholesale partner for ...
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News briefs
O'Neill has signed a deal allowing The Primer Group to...
O'Neill has signed a deal allowing The Primer Group to be its exclusive distributor in the Philippines. Primer already distributes many action sports brands in the country, including the Quiksilver roster, Volcom and Gravis. In addition to expanding as a distributor over the last 25 years, Primer also promotes efforts ...
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News briefs
Amer Sports is taking over the distribution for Mavic in...
Amer Sports is taking over the distribution for Mavic in Italy and Spain, where it has its own offices, starting next September. Until then, the distributors of this brand of cycling products are Vittoria in Italy, and Team Bike and a couple of others in Spain. The Italian market will ...
