All News briefs articles – Page 898
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News briefs
The Chinese maker of sports apparel 361 Degrees plans to...
The Chinese maker of sports apparel 361 Degrees plans to open a research center for designing innovative sportswear in Beijing, with the support of the Beijing Institute of Clothing Technology. The company had an 18.1 percent increase in footwear sales to $186.5 million for the second half of 2010; apparel ...
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News briefs
A.S. Adventure, the Belgian retailer with 37 stores in that...
A.S. Adventure, the Belgian retailer with 37 stores in that country and Luxembourg, has entered the French market with a 2,000-square-meter store in Reims-Thillois. The company, which also has 36 stores under the Bever Travel & Outdoor banner in the Netherlands and 59 Cotswold Outdoor shops in the U.K., touts ...
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Amer Sports has issued a floating-rate bond to raise 500...
Amer Sports has issued a floating-rate bond to raise 500 million Swedish kronor (€55.0m-$79.5m), targeted at institutional investors in the Nordic countries and quoted on Helsinki's Nasdaq counter. The proceeds will be used for debt repayment and general corporate purposes.
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News briefs
The third and last suspect has accepted a plea agreement...
The third and last suspect has accepted a plea agreement for his role in the attempt to kidnap and rob Gert Boyle, the chairwoman of Columbia Sportswear. He will get just under 10 years in prison, instead of the 20 that would have come with a guilty verdict. The other ...
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News briefs
The management of JD Sports Fashion confirms the acquisition of...
The management of JD Sports Fashion confirms the acquisition of Fenchurch, a British brand of streetwear, and some related assets for £1 billion. The brand had an annual turnover of around £10 million (€11.3m-$16.2m) including the sales of its four stores, which have all been closed. JD will use some ...
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News briefs
Power Balance has agreed to resolve a class action lawsuit...
Power Balance has agreed to resolve a class action lawsuit involving advertising that was filed in California in January. The company will refund the cost of the product as well as shipping and handling. To members of the class bringing the suit. Power Balance will also adjust its product claims, ...
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News briefs
Uhrweder Sport is adding three new brands to its alpine...
Uhrweder Sport is adding three new brands to its alpine ski touring and telemark section: Ski Trab, an Italian brand of lightweight skis; Fixation Plum, a French brand of extremely lightweight bindings; and Gecko, Austrian climbing skins.
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News briefs
Adidas Group is doing some shifting among its executives in...
Adidas Group is doing some shifting among its executives in Latin America. Fernando Basualdo, the managing director of the Adidas Group in Mexico, has moved to São Paulo to take over that role for Adidas do Brasil. Basualdo succeeds Marcelo Ferreira, who will be leaving the company after a one-month ...
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News briefs
Earlier this week, the Japan Fair Trade Commission raided Adidas...
Earlier this week, the Japan Fair Trade Commission raided Adidas Group's subsidiary there, saying the company was pressuring retailers to sell its Reebok EasyTone shoes for a fixed price. Japanese news sources have reported that Adidas was discouraging retailers from discounting the shoes, insisting they sell for the equivalent of ...
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News briefs
Eight months after taking up the chairmanship of Go Outdoors,...
Eight months after taking up the chairmanship of Go Outdoors, the British retailer, John Lovering is stepping down. He was involved in the company's failed bid to take over Blacks Leisure last year. Go Outdoors is in talks to sell a minority stake to 3i, a private equity firm.
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News briefs
After a sudden dip in January, Swedish sport retail increased...
After a sudden dip in January, Swedish sport retail increased in February. In current prices, sales increased by 0.2 percent in comparison with February 2010. In constant prices, sales volume increased by 2 percent compared with February 2010. This means that sport sales in constant prices so far have decreased ...
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News briefs
Callaway Golf is embarking on a promotion that will allow...
Callaway Golf is embarking on a promotion that will allow 100 end consumers to participate in a contest for using a special Lamborghini sports car for one year. Like Callaway's latest range of drivers, the car uses a special forged composite technology. Separately, Callaway has signed a sponsorship deal with ...
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News briefs
Marco Furlanis has left as Italian country manager of Amer...
Marco Furlanis has left as Italian country manager of Amer Sports by common agreement. Alfredo Valle, Italian sales manager for Salomon, is taking on his responsibilities pending the recruitment of his successor. Furlanis became country manager at the beginning of 2005, when Amer Sports took of the distribution of Wilson, ...
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News briefs
An appeals board of the U.S. Patent and Trademark Office...
An appeals board of the U.S. Patent and Trademark Office has agreed with Acushnet Company that the four patents involved in the long-running dispute with Callaway Golf are invalid. Callaway originally filed its lawsuit in February 2006 saying that Acushnet's Titleist Pro V1 ball infringed those patents. In March 2010, ...
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News briefs
New Balance has a new three-year deal licensing with Mountain...
New Balance has a new three-year deal licensing with Mountain Shades of Colorado to make sunglasses under its brand. Mountain Shades will develop New Balance Sun, a ling of running-specific sunglasses, in the U.S. marketing through 2013. The first batch of product, due out this spring, will include five sport ...
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News briefs
Lotto has signed up Potito Starace, who has become the...
Lotto has signed up Potito Starace, who has become the leading Italian tennis player. He will be wearing the company's Raptor Ultra II shoe, whose Reactive Arch technology adapts to the shape of the foot to obtain the best possible reaction to external impacts. Lotto is already the sponsor of ...
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News briefs
Jim Calhoun, a former Disney executive, has been named by...
Jim Calhoun, a former Disney executive, has been named by Nike as vice president and chief executive of Hurley International. He has been executive vice president of Levi Strauss & Co. since 2008 and president of its Dockers brand. Prior to his various roles at Disney, he worked for Nike's ...
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News briefs
The revenues of Euretco Sport, the Dutch buying group behind...
The revenues of Euretco Sport, the Dutch buying group behind Sport 2000, Runnersworld and the Sport Point partnership, crept up by 0.1 percent last year. The Euretco buying group reported that its sports unit had performed better than its interior decoration business, but not as well as its fashion division, ...
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News briefs
O'Neill has opened new stores in Hasselt, Belgium, and in...
O'Neill has opened new stores in Hasselt, Belgium, and in Dresden, Germany. The 250-square-meter shop is in the center of the old town of Hasselt, where most shopping is in the city. The Dresden store occupies 150 square meters in the ECE shopping center of the city. O'Neill plans to ...
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News briefs
This year's Bike Expo in Munich will start with the...
This year's Bike Expo in Munich will start with the event's first-ever Demo Day on July 20, the day before the show starts, July 20, at Samerberg Bike Park. It will allow retailers and journalists to test mountain, road and electric bikes as well as helmets and accessories. Trails within ...
