All News briefs articles – Page 907
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News briefs
The board of directors of Amer Sports has announced that...
The board of directors of Amer Sports has announced that the company will begin a share repurchasing program as a way to implement share-based incentive plans for key personnel in 2011 and 2012. The process will start on Feb. 23 and the final date will be Sept. 9, at the ...
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News briefs
Under Armour is replacing Reebok as the official supplier of...
Under Armour is replacing Reebok as the official supplier of performance footwear to Major League Baseball in the U.S. The rapidly growing U.S. brand is also said to be ready to pay more than $1 million a year to be endorsed by Cam Newton, a quarterback with the American Auburn ...
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News briefs
P.J. Connell, senior strategic marketing manager at Reef, has been...
P.J. Connell, senior strategic marketing manager at Reef, has been promoted to the position of director of marketing for the company worldwide. He will oversee brand strategy, including new products and marketing. Connell has been with the company since 2006, when he joined as sports marketing manager. Before that, he ...
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News briefs
In a television interview, Herbert Hainer, the chief executive at...
In a television interview, Herbert Hainer, the chief executive at Adidas Group, announced that the company expects to have revenues of more than €1 billion this year. Business in China should grow by 15 to 20 percent in the next five years. He also noted that Adidas has no plans ...
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News briefs
Décathlon, which is developing strongly in the Chinese mainland, has...
Décathlon, which is developing strongly in the Chinese mainland, has reportedly obtained governmental approval to open between 10 and 12 superstores in Taiwan over the next five years. The total investment is said to be nearly €300 million including a new office and a distribution center. One of Décathlon's arguments ...
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News briefs
More sporting goods companies are partnering with Sympatex, the German...
More sporting goods companies are partnering with Sympatex, the German provider of functional textiles. For winter 2011-12, Belowzero, Bench, Four Elements, Rusty and Sportalm will use Sympatex materials in their ski and snowboard collections. They showed off some of the new products at Ispo this month. Sympatex' name is also ...
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News briefs
Jack Wolfskin had a lot of success with the two...
Jack Wolfskin had a lot of success with the two major buying groups in Germany last year, rising up the rankings of the suppliers that they ordered the most from. At Sport 2000, as always, Adidas and Nike remained at top of the list, but Jack Wolfskin managed to improve ...
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News briefs
Acushnet increased fourth-quarter sales by 1.9 percent to $233.5 million...
Acushnet increased fourth-quarter sales by 1.9 percent to $233.5 million from a year earlier and cut its operating losses to $24.7 million from $37.3 million. In the full year, the golf company's sales also went up by 1.9 percent to $1.24 billion and the operating loss was trimmed to $91.1 ...
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News briefs
In 2010, Odlo increased its sales by 8 percent to...
In 2010, Odlo increased its sales by 8 percent to 173 million Swiss francs (€134.1m-$182.7m). The company says that the growth would have been even higher if the euro had been in better shape compared with the Swiss franc. Without those currency effects, the increase would have been 13 percent.
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News briefs
Harm Ohlmeyer, the chief operating officer for e-commerce at Adidas...
Harm Ohlmeyer, the chief operating officer for e-commerce at Adidas Group, has been named chief e-commerce officer, to start on April 1. Online retail has been named as a priority for the company. Ohlmeyer, 42, will report directly to Herbert Hainer, chief executive of the group, taking on the responsibility ...
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News briefs
After a successful licensing deal with its Norwegian distributor, Skigutane,...
After a successful licensing deal with its Norwegian distributor, Skigutane, Bula, the Canadian producer of winter hats, is launching a whole new collection of outerwear at Ispo through a completely overhauled network of distributors. Many of these distributors have been recruited by John Walbrecht, who left Spyder in 2005 and ...
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News briefs
Jack Wolfskin, the huge German outdoor brand, managed again to...
Jack Wolfskin, the huge German outdoor brand, managed again to increase its sales by a double-digit rate in 2010. Sales jumped by 21 percent to €304.2 million during the period. The company says that it grew in all its relevant markets, including its home market where it feels it is ...
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News briefs
A new title sponsor is expected to be announced soon...
A new title sponsor is expected to be announced soon for the Dublin Marathon. Last year, the title sponsor of three years, Lifestyle Sports, stepped down. In addition, Adidas stopped its 10-year involvement as a sponsor; it has been replaced by Asics. The race director, Jim Aughney, has said that ...
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News briefs
The diving segment of Johnson Outdoors turned around to an...
The diving segment of Johnson Outdoors turned around to an operating profit of $1.2 million in the first quarter last Dec. 31 from a $84,000 loss in the year-earlier period, while sales grew by 4.6 percent to $19.4 million in dollars despite a currency translation loss of 3 percent. Outdoor ...
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News briefs
Nat Campbell, the assistant manager of customer and dealer service...
Nat Campbell, the assistant manager of customer and dealer service for Scott Sports, has been promoted to apparel and accessories product manager for the U.S. bicycle division. He's been with the Swiss company since 2006. He will now work with the sales and marketing departments to define the product line ...
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News briefs
Kneissl, the legendary Austrian ski brand, has run out of...
Kneissl, the legendary Austrian ski brand, has run out of money again. Reportedly, Andreas Gebauer, the managing director, has filed for bankruptcy because the strong man behind the company, Sheikh Al Jaber, did not provide the promised and necessary increase in capital. According to Sport-Fachhandel, the German trade publication, Gebauer ...
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News briefs
SportScheck will move out of its birthpace in Munich's Sendlinger...
SportScheck will move out of its birthpace in Munich's Sendlinger Strasse. The leasing contract for the building, still owned – at least partially – by the Scheck family, is running out in 2013. SportScheck will move to a very prominent location in Neuhauser Strasse, close to Karlsplatz, spreading over more ...
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News briefs
Neil Gillis has informed Blacks Leisure that he plans to...
Neil Gillis has informed Blacks Leisure that he plans to step down as chief executive and a director of the British retail company in six months, under the terms of his three-year service contract. Blacks' nomination committee will now start looking for his replacement. He has overseen a rough time ...
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News briefs
Lundhags, the Swedish outdoor brand, is undergoing significant staff changes...
Lundhags, the Swedish outdoor brand, is undergoing significant staff changes following the departure of its chief executive last year. Erik Abrahamsson, former brand manager at Craft, has just joined as brand and assortment manager, dealing with marketing. Tommy Östermann, formerly export manager at Björn Borg, has become sales manager at ...
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News briefs
L-Fashion Group, which markets sports brands such as Luhta, Rukka...
L-Fashion Group, which markets sports brands such as Luhta, Rukka and Icepeak, has struck an interesting partnership with Li-Ning. The Finnish company, whose sales grew by 10 percent to about €250 million last year, will be the exclusive distributor of the Chinese brand in some European countries: the German-speaking ones, ...
