All News briefs articles – Page 978
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News briefs
Columbia has presented its latest effort to gain ground in...
Columbia has presented its latest effort to gain ground in the field of technical footwear and apparel. Its new technology is called Omni-Heat, which it calls advanced temperature management. Columbia’s innovation is split into three parts: Omni-Heat Thermal Reflective helps to regulate the body temperature by reflecting and retaining the ...
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News briefs
A subsidiary of Li Ning, Shanghai Double Happiness Company, is...
A subsidiary of Li Ning, Shanghai Double Happiness Company, is increasing its stake in Suzhou Double Happiness Guan Du Sports Equipment, maker of table tennis equipment under the Double Happiness brand, to 75 percent by buying an additional 20 percent in the company for RMB 6.42 million (€631,200-$940,600). Following the ...
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News briefs
Johnson Outdoors has completed the consolidation of its watercraft operations...
Johnson Outdoors has completed the consolidation of its watercraft operations in Maine ahead of schedule, including the addition of 48 jobs there. The moves, which included the elimination of a plant in the state of Washington and a switch to two facilities in Maine, is projected to generate $4 million ...
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News briefs
El Corte Inglés is testing out a new store format,...
El Corte Inglés is testing out a new store format, called Sportown, offering fashion-oriented sports apparel, footwear and accessories for young consumers. The latest store of this kind opened a few days ago on Calle General Pardiñas in Santiago de Compostela, near a Sfera shop by the same retailer, featuring ...
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News briefs
The World Federation of the Sporting Goods Industry is joining...
The World Federation of the Sporting Goods Industry is joining with the World Intellectual Property Organization to present a web seminar tomorrow about internet domain names. As early as next year, the body that governs website addresses is going to expand available domains (adding, for example, “.football” to a roster ...
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News briefs
The Otto Group, which retails under its flagship Otto mail-order...
The Otto Group, which retails under its flagship Otto mail-order catalog and other mail-order services and which is also the owner of ECE, Germany’s largest operator of shopping malls, has finally acquired the brand rights to Quelle, its major competitor that had to file for bankruptcy this summer and went ...
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News briefs
Under Armour’s rose by 16.2 percent to $269.6 million in...
Under Armour’s rose by 16.2 percent to $269.6 million in the third quarter, with a more modest 1.9 percent increase in net income to $26.2 million. Operating income inched up by 1.3 percent to $47.1 million, while the gross margin fell by 1.3 percentage points to 49.7 percent. European revenues ...
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News briefs
About 20 suppliers and 60 buyers attended the second edition...
About 20 suppliers and 60 buyers attended the second edition of the European Fitness Summit, held Oct. 5-7 in Barcelona. A delegation from China made a one-time visit. Held in a relaxed atmosphere to make high-quality business contacts, the show was interspersed with strategy discussions with experts and lectures with ...
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News briefs
Karhu is widening its distribution across Europe for spring 2010...
Karhu is widening its distribution across Europe for spring 2010 after launching its Fulcrum footwear in North America this year. The company intends to extend the brand across the Central European running market with new distribution partner in Germany and Italy. Rono, Run & Style, the German company that owns ...
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News briefs
Asics Europe will be moving in 2011 to new headquarters...
Asics Europe will be moving in 2011 to new headquarters in Hoofddorp, the Netherlands. Currently Asics Europe and Asics Benelux share the same building in that city; they will both be moving into what is described as the most sustainable office park in the country, using bio-cogeneration and solar power. ...
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News briefs
Fredrik Andreasson, 34, takes the place of Tommy Andersson as...
Fredrik Andreasson, 34, takes the place of Tommy Andersson as chief executive of Team Sportia. Andreasson has spent the last few years in several positions with the Swedish retail group after working for Unilever in the U.K., among other stations. Andersson has been with Team Sportia since its start in ...
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News briefs
Matti Mustaniemi, the 57-year-old manager who was appointed to the...
Matti Mustaniemi, the 57-year-old manager who was appointed to the head of Halti one year ago, is leaving the company for purely personal reasons. He has been succeeded by Martti Uusitalo, who has been the Finnish company’s assistant managing director for seven years. Uusitalo’s position is now occupied by Mika ...
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News briefs
Nike has introduced its eco-friendly N7 Huarache basketball shoe, part...
Nike has introduced its eco-friendly N7 Huarache basketball shoe, part of its environmentally conscious Considered program. All proceeds from the $110 shoe will go toward programs to get Native Americans more involved in sports and physical activities.
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News briefs
The controlling shareholders of Anta Sports Products are selling 80...
The controlling shareholders of Anta Sports Products are selling 80 million shares at a price of 10 Hong Kong dollars (€0.87-$1.29) each. That’s 3.2 percent of the company’s share capital. Anta said they were doing it as part of their asset management plans as well as to help start a ...
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News briefs
Montserrat Centellas has become the new general manager of Afydad,...
Montserrat Centellas has become the new general manager of Afydad, the Spanish sporting goods industry association, replacing Cristina Guevara, who is moving to the U.S. An expert in export promotion educated in London, Centellas speaks English, Italian and Mandarin.
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News briefs
Ahead of its interim report, Sports Direct International says that...
Ahead of its interim report, Sports Direct International says that business has been better than expected since July, and that sales continue to be better than last year’s. It expects an underlying Ebitda of £150 million (€167.5m-$247.4m) or more this year, and feels confident that it can get its debt ...
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News briefs
Total Apparel Group, an American company that recently became the...
Total Apparel Group, an American company that recently became the master licensee for Kappa and Robe di Kappa in the U.S. and Canada, has secured a line of credit to help it pay for the purchases of two subsidiaries, Active Apparel and Kappa North America. Hartsko Financial Services is providing ...
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News briefs
NPD Group has found that the share of sports apparel...
NPD Group has found that the share of sports apparel and footwear sold through the internet and in outlet stores in France has increased to 10 percent of the market this year, compared with 7 percent in 2008. The research company argues that this is due to the economic downturn, ...
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News briefs
Under Armour and Navajo Manufacturing Company of Colorado have settled...
Under Armour and Navajo Manufacturing Company of Colorado have settled a lawsuit in which Under Armour claimed that a logo on Navajo’s Ultimate Action sunglasses looked too much like Under Armour’s interlocked U and A. Terms of the settlement were not released.
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News briefs
Connor Folley has been named new marketing manager for Atlas...
Connor Folley has been named new marketing manager for Atlas snowshoes and Madshus Nordic ski products, both under the umbrella of K2 Outdoor. He will handle consumer education, merchandising and media communications for the two brands. Previously he was in strategic marketing with White Space Health Care Marketing.