All News briefs articles – Page 989
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News briefs
China seems to be gaining market share when it comes...
China seems to be gaining market share when it comes to counterfeiting. The European Commission reports that in 2008, 93.4 percent of all seizures of counterfeit shoes in Europe were of Chinese products, up from 79.6 percent in 2007. The report notes that a similar trend was seen in other ...
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News briefs
Nike has moved its Western European communications department to London...
Nike has moved its Western European communications department to London from its base in the Netherlands. They will work from the same office as the public relations team for the U.K. and Ireland, led by the regional communications director, Charlie Brooks. A new employee, Claire Parnell, will join Nike UK ...
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News briefs
Metro, parent company of Kaufhof, has reportedly indicated an interest...
Metro, parent company of Kaufhof, has reportedly indicated an interest in the acquisition of 60 Karstadt department stores. A decision may be made toward the middle of this month, in connection with a meeting of creditors of Arcandor, the insolvent parent company of Karstadt. Meanwhile, two credit insurance firms, Zurich ...
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News briefs
Through its PumaVision concept of ethical conduct and social responsibility,...
Through its PumaVision concept of ethical conduct and social responsibility, Puma is supporting the “Meat Free Monday” concept promoted by Paul McCartney and his daughters Stella and Mary. Puma is encouraging its 10,000 employees to refrain from eating meat on Mondays, including by offering meat-free options at its company cafeterias. ...
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News briefs
With the formation of the Global Organization of Cycling Equipment...
With the formation of the Global Organization of Cycling Equipment Manufacturers, the bike industry has created a unified voice and eased the way for a collaborative and consultative approach with the International Cycling Federation (UCI) over enforcement of its rules, which affect the finances of equipment manufacturers. Initally, GOCEM will ...
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News briefs
Intersport Germany has sealed a deal with Meistro, a provider...
Intersport Germany has sealed a deal with Meistro, a provider of electric power. The contract allows all 1,400 shops of the group to purchase their electric power under the helm of a group deal. Intersport opted for Meistro not only for the best price possible, but also because the provider ...
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News briefs
The legendary Vans Downtown Showdown, which has taken place in...
The legendary Vans Downtown Showdown, which has taken place in the Paramount Studios of Hollywood for the past four years, will be held for the first time in Europe. Next Sept. 12, it will take place on the roof of the so-called “Lingotto,” the roof of Fiat’s head office in ...
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News briefs
Eurobike TV will be a new feature of the trade...
Eurobike TV will be a new feature of the trade show by the same name this year. Launched by Messe Friedrichshafen with the publication Bike Europe, a daily broadcast will be shown on video screens through the show, including two large ones at the main entrances. In addition to the ...
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News briefs
Sales at Skechers dropped by 16 percent to $299.0 million...
Sales at Skechers dropped by 16 percent to $299.0 million for the second quarter ended June 30, with gross margins down by 3.3 percentage points to 41.0 percent. The company had a loss of $5.9 million against a profit of $14.6 million. Skechers said revenues were in line with recent ...
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News briefs
Rossignol is recalling about 4,000 pairs of faulty boots in...
Rossignol is recalling about 4,000 pairs of faulty boots in the U.S. and Canada because the soles could separate during use, posing a risk of falling. The affected models are the X-IUM World Cup Skate, X-IUM World Cup Classic, X-IUM World Cup Pursuit, X-11 Skate and X-IUM J Skate.
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News briefs
Deckers Outdoor Corporation saw sales increase by 12.5 percent in...
Deckers Outdoor Corporation saw sales increase by 12.5 percent in the second quarter, getting a boost from 23 percent growth at UGG to $74.4 million and a 25 percent increase from Simple to $3.5 million. Its “other brands,” Tsubo and Ahnu, contributed $2.1 million. Teva, the sports sandal brand, dropped ...
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News briefs
Andy Bough, a 13-year veteran of Glenmuir who left as...
Andy Bough, a 13-year veteran of Glenmuir who left as sales and marketing manager of the Scottish-based golf apparel company recently, is joining Premium Golf Brands (PGB), the Irish company that has snatched an impressive raft of distribution and licensing deals since its inception at the beginning of last year. ...
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News briefs
A typically slow season for fitness equipment meant a 16...
A typically slow season for fitness equipment meant a 16 percent drop in sales at Cybex International for the second quarter ended June 27. The net loss was $2.1 million against a profit of $128,000, and the gross margin fell by 6.5 percentage points to 25.7 percent. Total inventories were ...
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News briefs
Dorel Industries has bought Iron Horse Bicycle Company for $5.2...
Dorel Industries has bought Iron Horse Bicycle Company for $5.2 million in a bankruptcy auction. The purchase includes inventory, various trademarks and trade names, and the Iron Horse brand. Other bidders included Pacific Cycle and Outdoor Cycle Group. Iron Horse, based in Nevada, is known for downhill and extreme trail ...
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News briefs
The Lafuma Group reports a 2.4 percent increase in total...
The Lafuma Group reports a 2.4 percent increase in total sales to €170.2 million for the nine months of its current financial year, ended June 30. The more technical product lines and the group’s retail activities, including online sales, contributed to the growth. Excluding Eider, which was part of the ...
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News briefs
Nike has merged its nikeplus.com website, which has almost 2...
Nike has merged its nikeplus.com website, which has almost 2 million members, with nikerunning.com upon the introduction last week of the Nike+ SportBand in the U.S. The SportBand is compatible with iPods, iTouches and iPhones, and gives runners feedback on their performance. The new website provides a social community for ...
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News briefs
Michael Michalsky, former chief designer for Adidas until 2006, has...
Michael Michalsky, former chief designer for Adidas until 2006, has been hired by China Dongxiang to create a new collection for its brand Kappa, the brand for which its holds the trademark rights in China. He is going to design sportswear, accessories and footwear products for what is being billed ...
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News briefs
Dormy, the fast-growing Swedish golf retailer, has acquired Stadium Golf,...
Dormy, the fast-growing Swedish golf retailer, has acquired Stadium Golf, the flagship golf store of Sweden’s leading sports retailer, and transformed it into an outlet store of 900 square meters between Gothenburg and Malmö. Stadium Golf was formerly known as Edins, a huge golf retailer acquired by Stadium a few ...
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News briefs
No action is expected around the insolvency of Arcandor, parent...
No action is expected around the insolvency of Arcandor, parent company of Karstadt, until the end of August. Meanwhile Horst Piepenburg, an external consultant who had been place in charge restructuring the bankrupt retailer, has resigned after only a few weeks in office. Reportedly, he was disappointed by a lack ...
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News briefs
Spyder Active Sports has chosen Thomas McGann to be its...
Spyder Active Sports has chosen Thomas McGann to be its new chief executive, replacing Jake Jacobs, who was president and CEO. Jacobs took the reins of the company from his father, David Jacobs, in the middle of 2007. McGann was formerly the president of Burton and CEO of Motorsport Aftermarket ...
