All News briefs articles – Page 895
-
News briefs
JJB Sports' proposal to raise £65 million (€73.1m-$108.3m) was approved...
JJB Sports' proposal to raise £65 million (€73.1m-$108.3m) was approved at its general meeting this week. This means the company will place 162.5 million shares, using the proceeds to help go forward with its reorganization.
-
News briefs
Effective Sept. 1, Christian Scheffold will quit as the head...
Effective Sept. 1, Christian Scheffold will quit as the head of the German operations of Skins to take on a new challenge in the industry. Until then he will be in charge of finding a successor as managing director of the subsidiary. The 46-year-old, formerly with Quiksilver, Timberland and New ...
-
News briefs
Crocs increased net income by 276.1 percent to $21.5 million...
Crocs increased net income by 276.1 percent to $21.5 million in the first quarter, lifted by a 36 percent increase in revenues to $226.7 million. The group booked strong sales growth in all distribution channels and geographies. Wholesale revenues increased by 36.9 percent to $164.6 million, retail by 32.5 percent ...
-
News briefs
Nautilus reported a net profit of $1.6 million in the...
Nautilus reported a net profit of $1.6 million in the first quarter against a loss of $7.8 million in the same period a year ago. Sales increased by 5.8 percent to $48.3 million, with the direct-to-consumer business up by 24 percent to $30.3 million. Retail sales rose by 6.5 percent ...
-
News briefs
Oakley's sales of optical products grew by 11 percent in...
Oakley's sales of optical products grew by 11 percent in the first quarter worldwide, with particularly strong progress in the buoyant North American market. The brand has just opened a store in Times Square in New York, which is visited by an estimated 26 million people each year. The store ...
-
News briefs
The Tom Morris Golf Shop, the 144-year-old store at St....
The Tom Morris Golf Shop, the 144-year-old store at St. Andrews in Scotland, has reopened after being closed for remodeling over the winter. The shop has a new “old” look, featuring furniture that Tom Morris himself owned and the same design for the shop's sign as was used when he ...
-
News briefs
The French sporting goods market fell by around 2 percent...
The French sporting goods market fell by around 2 percent in the first quarter of this year, according to an estimate by FPS, the French sporting goods retailers' federation. While they had grown by 17 percent in November and by 2 percent in December year-on-year, the retailers' sales declined by ...
-
News briefs
JD Sports Fashion plans to open 20 JD stores in...
JD Sports Fashion plans to open 20 JD stores in and around Paris and five to six shops in Marseille as the group focuses on its development in France this year, chairman Peter Cowgill said in an interview with the Financial Times. Cowgill explained that the JD format, focused on ...
-
News briefs
Brooks Sports is targeting sales of $300 million in 2011...
Brooks Sports is targeting sales of $300 million in 2011 after a sales increase of 21 percent in 2010 to $190 million and a strong order backlog. Orders are up by 37 percent for U.S. footwear, 42 percent for U.S. apparel, 50 percent from the EMEA (Europe, Middle East & ...
-
News briefs
American Sporting Goods increased sales by 31.5 percent to $231.7...
American Sporting Goods increased sales by 31.5 percent to $231.7 million in 2010, while gross profit grew to $87.6 million from $63.0 million and net income rose to $15.0 million from $0.4 million. The company was acquired by Brown Shoe Company on Feb. 17. Its brands include Avia, Ryka and ...
-
News briefs
James Harrison, a 40-year-old manager who has worked for Asics...
James Harrison, a 40-year-old manager who has worked for Asics and Nike before, has been named brand manager at Oakley Europe for apparel, footwear and accessories. He takes the place of Urs Egli, who becomes global category manager of Oakley for technical outerwear.
-
News briefs
Adidas and FC Bayern Munich have extended their 50-year partnership...
Adidas and FC Bayern Munich have extended their 50-year partnership through at least 2020. Adidas has a new home jersey for the 2011-12 season, including the team's motto, “Mia san mia” (we are who we are), and vertical stripes that represent the figure depicted on the official coat of arms ...
-
News briefs
Etnies helped the Los Angeles Mission celebrate its 75th anniversary...
Etnies helped the Los Angeles Mission celebrate its 75th anniversary by giving 2,000 pairs of shoes to the homeless. The mission has been helping get homeless people off the streets for decades. Etnies, which is celebrating its 25th anniversary this year, has helped the cause, estimating that in the last ...
-
News briefs
According to an unconfirmed press report, Warrior Sports, the team...
According to an unconfirmed press report, Warrior Sports, the team sports subsidiary of New Balance, is reportedly going to be the jersey sponsor of the Liverpool Football Club, starting with the 2012-13 season. It would take the place of Adidas, which in turn took the contract over from Reebok after ...
-
News briefs
Wintersteiger has acquired a majority stake in BootDoc, an Austrian...
Wintersteiger has acquired a majority stake in BootDoc, an Austrian specialty brand of insoles, foam booties and compression socks. In its last fiscal year, BootDoc had sales of €1.7 million. While BootDoc will keep its own operations as far as research and development is concerned, the new majority owner will ...
-
News briefs
Aqua Lung International has acquired Gorski, a small company based...
Aqua Lung International has acquired Gorski, a small company based in Texas specializing in deep-water diving helmets. After its takeover last year of Whites, a Canadian firm that makes similarly sturdy wetsuits for special conditions, the move will help boost the military and professional segment of Aqua Lung, which has ...
-
News briefs
Brooks Sports and Adidas have amicably settled a dispute over...
Brooks Sports and Adidas have amicably settled a dispute over the latter's use of the Beast trade name in the Beast Commander, a basketball shoe that the Three Stripes launched last year. The Brooks Beast came out in the running market in 1992. Under the settlement, Adidas is allowed to ...
-
News briefs
Just as the NBA season is winding up, Adidas has...
Just as the NBA season is winding up, Adidas has unveiled its newest, lightest basketball shoe, the adiZero Crazy Light. Pros Derrick Rose and Dwight Howard will be wearing the shoe for the playoffs, and it will be available at retail on June 3. It will come in four colorways ...
-
News briefs
La Sportiva has formally announced a strategic agreement with Fulgent...
La Sportiva has formally announced a strategic agreement with Fulgent Sun Group, which has been its Chinese footwear supplier for the past 13 years. The Italian company has invested in a joint venture with Fulgent, called Fujian La Sportiva Co. Ltd., that will promote and distribute all the products of ...
-
News briefs
Alain Caparros, the French executive recently named chairman of Karstadt's...
Alain Caparros, the French executive recently named chairman of Karstadt's supervisory board, has resigned due to differences on strategic issues and operational methods with Nicolas Berggruen, who took over the company last year. One of the points of conflict is apparently Berggruen's proposal to split Karstadt into three distinct units ...
