All News briefs articles – Page 985
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News briefs
Intersport España has gained two new important buying partners. One...
Intersport España has gained two new important buying partners. One is Coronel Tapiocca, a big international chain of adventure and travel stores that will start the cooperation by offering products from Intersport’s McKinley range in 10 of its 121 Spanish stores. Another new partner is Deportes Moya, one of the ...
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Groupe Rossignol has decided to close its Spanish sales subsidiary,...
Groupe Rossignol has decided to close its Spanish sales subsidiary, called Besiberri, which was handling sales of its Rossignol brand in Spain, Portugal and Andorra, and to transfer the business to a subsidiary of Megasport, an importer that has been handling the distribution of Dynastar, Lange and Look for 20 ...
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Maria Sharapova has launched her new collection of Cole Haan...
Maria Sharapova has launched her new collection of Cole Haan handbags and footwear, as well as her new advertising campaign for the American footwear brand, which is owned by Nike. The shoes all feature Nike Air technology and include a ballet flat, a stiletto, two kinds of boots and a ...
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VF Corporation is said to be opening its new sourcing...
VF Corporation is said to be opening its new sourcing office in Bangkok this month. The office, which would employ 100 people to start, growing to 300 eventually, would cover Thailand and Bangladesh.
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A new trade publication for the German-speaking countries is on...
A new trade publication for the German-speaking countries is on the way. We reported earlier that Reinhard “Schimmi” Schymura, the longtime fellow editor of SAZsport, the big German trade magazine, left the company effective with end of July. At the same time Ulli Onnasch, the same publication’s advertising manager for ...
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News briefs
Shimano has renewed it partnership with the International Cycling Union...
Shimano has renewed it partnership with the International Cycling Union (UCI) through the end of 2012. Shimano provides technical services at the world championships for road, track, mountain bike, marathon, cyclo-cross, BMX, juniors and paracycling, as well as at the Mountain Bike and Cyclo-Cross World Cups. It also handled technical ...
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Skye Darden is the new manager for the European ski...
Skye Darden is the new manager for the European ski and snowboard team at Sessions, where he has worked for two years. He was a team manager at Line skis for four years.
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News briefs
Feng Tay Enterprises of Taiwan has set up a new...
Feng Tay Enterprises of Taiwan has set up a new factory for Lotus Footwear in the Cheyyar Special Economic Zone near Chennai, India. It will be used to produce sports shoes for Nike. The $34 million (so far) facility will have 11 production lines by the end of the year, ...
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The World Federation of the Sporting Goods Industry has named...
The World Federation of the Sporting Goods Industry has named new members to two of its committees. On the Corporate Social Responsibility (CSR) Committee are Bruno Barth, CSR director at Switcher; Klaus Hohenegger, head of sourcing, production, logistics and quality at Odlo International; and Roman Stepek, director of innovation and ...
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Head has signed up Lindsay Vonn for five years. The...
Head has signed up Lindsay Vonn for five years. The 24-year-old girl from Minnesota was previously sponsored by Rossignol, which has been renegotiating its endorsement contracts. As a double world champion and overall World Cup winner, she is considered to be one of the best female ski champions in the ...
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News briefs
Pentland Group has opened a new subsidiary in Japan to...
Pentland Group has opened a new subsidiary in Japan to market its Berghaus brand (more about this in The Outdoor Industry Compass). Company officials say there are no plans for the moment to use the new subsidiary for the sale of any other brands in Pentland’s portfolio.
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News briefs
New Wave Sports has named Hans Larsson to be its...
New Wave Sports has named Hans Larsson to be its new chief executive; he steps up from his position as CEO of Craft, a New Wave company. The appointment was effective last Tuesday, and Larsson will remain in his job at Craft as well until a replacement is named. He ...
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News briefs
Brunswick Corporation is selling $350 million in 11.25 percent senior...
Brunswick Corporation is selling $350 million in 11.25 percent senior secured notes due 2016 at an issue price of 97.036 percent, up from a previous plan to offer $250 million in notes, that will be secured by liens on Brunswick’s headquarters in Illinois and on its U.S. bowling centers, plus ...
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Li & Fung reports a 12.9 percent increase in net...
Li & Fung reports a 12.9 percent increase in net profit to 1.4 billion Hong Kong dollars (€126.6m-$180.6m) for the first half of 2009. However, the big trading and sourcing company’s total revenues fell by 2.3 percent to HK46.3 billion (€4,186.1m-$5,973.5m). Besides a general drop in prices, one of the ...
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K2 Sports, which bought Zoot Sports earlier this year, is...
K2 Sports, which bought Zoot Sports earlier this year, is taking this Hawaiian brand of triathlon clothing and footwear to Europe. Based at K2 Europe in Germany, the operation sees the involvement of a marketing and sales coordinator, Hansjörg Hörmann, who has been responsible for other K2 brands such as ...
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Orange 21, parent of Spy Optic, reported sales down by...
Orange 21, parent of Spy Optic, reported sales down by 34.8 percent to $9.1 million in the second quarter ended June 30. However, the company saw its net loss improve by 7 percent to $254,000 versus a loss of $273,000 for the same period last year. Gross margins were off ...
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Revenues plunged by 31.9 percent for the quarter at Heelys,...
Revenues plunged by 31.9 percent for the quarter at Heelys, hitting $12.4 million. The loss grew to $1.6 million for the period, ended June 30, compared with a loss of $400,000 for the same period last year. The gross profit margin increased, though, rising by 5.9 percentage points to 28.9 ...
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New Era Cap is buying the fashion apparel house 5th...
New Era Cap is buying the fashion apparel house 5th & Ocean, based in Florida. Financial terms of the acquisition weren’t immediately available. New Era believes its purchase of privately held 5th & Ocean, whose client roster includes Victoria’s Secret/Pink, the Dallas Cowboys, Disney and Universal Studios, will help broaden ...
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Adidas will replace Umbro as the sponsor of the Olympique...
Adidas will replace Umbro as the sponsor of the Olympique de Lyon football club in France for 10 years, starting in July 2010. Umbro reportedly sold about 2000,000 jerseys last year under the club’s insignia. The deal should make up in part for Adidas’ loss of its contract with the ...
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News briefs
Because of its recent high financial losses, after scaling down...
Because of its recent high financial losses, after scaling down its high-flung British operation, K-Swiss has decided to shut down its Italian sales subsidiary at the end of September, as it has already done with its French operation. The company is evaluating various options with potential distributors for the Italian ...