All News briefs articles – Page 918
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News briefs
Sympatex has published a survey among 1,000 German consumers between...
Sympatex has published a survey among 1,000 German consumers between 18 and 59 years on how they take care of their functional outerwear. 70 percent of the participants said that they had at least one piece of functional outerwear in their households. 40 percent of them admitted that they did ...
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News briefs
A 13.1 percent increase in comparable store sales in the...
A 13.1 percent increase in comparable store sales in the six weeks through Nov. 7 wasn’t good enough for JJB Sports, which called it “lower than anticipated.” It said this was due to excessive promotions, and reflected a softening market environment. The gross margin for the period fell by 6.8 ...
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News briefs
Sales were up by 10.2 percent to $198.8 million in...
Sales were up by 10.2 percent to $198.8 million in the third quarter at Easton-Bell Sports, and the gross margin grew by 0.6 percentage points to 35 percent. Net earnings more than halved to $3.0 million, compared with $6.3 million in the same period last year. Some of this includes ...
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News briefs
William Ackman, whose firm holds 11 percent of Fortune Brands,...
William Ackman, whose firm holds 11 percent of Fortune Brands, may get his wish to split up the company’s division. The Wall Street Journal reports that the two sides are talking amicably about the possibility of selling Acushnet, the company’s golf brands unit that includes FootJoy and Titleist. Sources told ...
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News briefs
Vaude has joined the Fair Wear Foundation, effective Nov. 15....
Vaude has joined the Fair Wear Foundation, effective Nov. 15. It is the third important German player after Jack Wolfskin and Schöffel which has announced its commitment to the non-profit organization this year. FWF monitors the working conditions in the affiliated brands’ factories and their suppliers. Vaude’s decision to join ...
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News briefs
Tecnica Group is expected to finish 2010 with sales of...
Tecnica Group is expected to finish 2010 with sales of €352 million compared with €343 million a year earlier, supported by new products and a new management structure in its outdoor division. The ski division also enjoyed some growth, despite a flat market, thanks to the Blizzard line, which posted ...
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News briefs
Albany International reports a 66.4 percent increase in sales of...
Albany International reports a 66.4 percent increase in sales of PrimaLoft products to $5.6 million for the third quarter ended Sept. 30, with growth of 72.1 percent in local currencies, as compared to the same period a year ago. This segment of the company’s activities generally makes losses in the ...
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News briefs
Sweden’s New Wave Group had a 6 percent increase in...
Sweden’s New Wave Group had a 6 percent increase in sales to 1.06 kronor (€0.11-$0.15)for the third quarter, led by the U.S., which had higher-than-expected growth. On a currency-neutral basis, sales were up by 9 percent. The net profit skyrocketed by 188 percent to SEK 55.5 million (€2.7m-$3.7m). The operating ...
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News briefs
JD Sports Fashion is about to open its first JD...
JD Sports Fashion is about to open its first JD sports lifestyle store in France in the commercial mall of Every 2 near Paris, next to a Foot Locker store, according to sport-guide.com, and a second one is expected within two months. JD Sports Fashion has announced that in the ...
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News briefs
Li & Fung is acquiring the Oxford Apparel business of...
Li & Fung is acquiring the Oxford Apparel business of Oxford Industries, to the exclusion of its golf line and of its Ben Sherman, Tommy Bahama and Lanier brands. Separately, the Hong Kong-based sourcing giant has agreed to become a sourcing agent for some of Li Ning’s brands and products.
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News briefs
Nielsen Expositions has decided to stop holding its Action Sports...
Nielsen Expositions has decided to stop holding its Action Sports Retailer trade show, held twice a year for almost 30 years, saying it was suspending it indefinitely. The organizers said that the show, held in San Diego, had to be dropped because of the tough economic climate and the consolidation ...
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News briefs
Textile manufacturers that specialize in fabrics for active sportswear and...
Textile manufacturers that specialize in fabrics for active sportswear and are part of the Italian sporting goods manufacturers association, Assosport, formed a subgroup within the association last month, called Assosportex and chaired by Giorgio Borgognoni, who runs a textile company called Tailor. Members of the new group have been instrumental ...
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News briefs
Adidas is going to run the NBA Store in New...
Adidas is going to run the NBA Store in New York after it leaves its current site on Fifth Avenue in February. About 65 percent of the mix in the store will be Adidas.
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News briefs
A court has affirmed Umbro’s claims that Hudson Bay Apparel,...
A court has affirmed Umbro’s claims that Hudson Bay Apparel, a U.S. licensee for off-field Umbro apparel, violated the terms of its license by selling football shorts and shirts without pockets. The ruling details the history behind Umbro’s decision in the U.S. to split its trademark rights into three sectors: ...
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News briefs
After one year in charge of marketing and sales for...
After one year in charge of marketing and sales for the Adidas group in China, Colin Currie is taking over as managing director from the start of next year. He succeeds Christophe Bezu, who was formerly in charge of Asia-Pacific and changed functions several times in the last two years, ...
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News briefs
Burton has released a new snowboard boot themed after Tron:...
Burton has released a new snowboard boot themed after Tron: Legacy, the 3D adventure movie. The boot is the result of collaboration between Disney Consumer Products and Burton Snowboards. It features holograms and a high-tech look and is part of the Raptor line, which the company called “a sick new ...
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News briefs
NBA Properties has taken a lawsuit against China’s State Trademark...
NBA Properties has taken a lawsuit against China’s State Trademark Appeal Board to the Beijing No. 1 Intermediate People’s Court. The NBA alleges that the trademark “HURENDUI,” issued to the Fujian Hurendui Sporting Goods Company, closely resembles its trademark for the Los Angeles Lakers and is a misleading translation. The ...
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Zooom Productions is the new lead creative agency for Fischer...
Zooom Productions is the new lead creative agency for Fischer Sports. The two companies have worked together in the past. Zooom plans to rejuvenate Fischer’s corporate identity and raise brand awareness.
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News briefs
Johnson Outdoors has changed some terms of its credit agreements...
Johnson Outdoors has changed some terms of its credit agreements and says it will cut its borrowing costs for next year by more than 15 percent. Among the changes are extension of the debt agreements through November 2014, versus previous termination in September 2012; elimination of the LIBOR floor resulting ...
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News briefs
Bicicletas de Álava, usually known as BH Bikes, is shutting...
Bicicletas de Álava, usually known as BH Bikes, is shutting down its production facility in Vitoria, Spain, and transferring the manufacturing to its own two factories in Portugal and to contractors Asia. Of the 100 people working at the factory, about 38 will be laid off. However, the company is ...
