All News briefs articles – Page 991
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News briefs
Swix Sport USA will be the new exclusive distributor of...
Swix Sport USA will be the new exclusive distributor of Uvex winter sports products in the U.S., starting Aug. 1. Uvex snow sport helmets, goggles and sunglasses will ship out of Swix’ warehouse in Massachusetts. Swix Sports USA is a subsidiary of Swix Sport of Norway.
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News briefs
Pure Fishing is shutting down its warehouse and office facility...
Pure Fishing is shutting down its warehouse and office facility in Redditch, England, to replace them with new, bigger digs. The new office facility will be more than 800 square meters and will also be located in Redditch, known as the U.K.’s home of angling. It will be the base ...
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News briefs
An Italian manufacturer of dressy medium-priced women’s shoes, Manas, is...
An Italian manufacturer of dressy medium-priced women’s shoes, Manas, is launching a men’s sports shoe, called Olimpica, to play bocce – a typical Italian game of bowls that is played in dedicated sandpits in almost every little town. The shoe is being tested by players of the Italian national bowls ...
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News briefs
At the OutDoor show in Friedrichshafen last week, Sympatex unveiled...
At the OutDoor show in Friedrichshafen last week, Sympatex unveiled its new AirJet Technology, a combination of shoe upper and lining that provides maximum breathability throughout the whole upper. It consists of a hydrophilic inner layer, the lining, a hydrophilic membrane and an outer layer made of an innovative weave ...
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News briefs
After a steady decline in recent years, Spain produced 380,082...
After a steady decline in recent years, Spain produced 380,082 bicycles in 2008, according to government statistics, or 21.6 percent more than in 2007, mirroring a trend that is happening also in Portugal. The value of the Spanish production increased by 16.5 percent to €63.1 million. A small decline in ...
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News briefs
Champion Products Europe has signed a 10-year exclusive distribution and...
Champion Products Europe has signed a 10-year exclusive distribution and licensing deal with Unlimited Sports Group (USG) for the Champion brand in the Benelux countries. The deal with this large Dutch-based company starts next Jan. 1 and runs through December 2020. The contract has some similarities with the one that ...
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News briefs
Stöckli Outdoor Sports, which operates 11 ski and outdoor stores...
Stöckli Outdoor Sports, which operates 11 ski and outdoor stores in Switzerland, has joined the Swiss Intersport organization. Stöckli’s retail operations will remain independent and the company will continue to carry its core ski and bike products, but will purchase others through Intersport to differentiate itself from other retailers, especially ...
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News briefs
180s, known for innovative performance ear warmers, is preparing to...
180s, known for innovative performance ear warmers, is preparing to delve into the performance running apparel market in 2010 with a number of products, starting with the Quantum Vent Jacket, a lightweight windbreaker that can ventilate as needed. In the winter products area, the company is relaunching its Tech Touch ...
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News briefs
Bike Expo will end up featuring more than 180 exhibitors...
Bike Expo will end up featuring more than 180 exhibitors with more than 220 brands at its first session in Munich later this month. Two days – July 23 and 24 – will be for trade professionals only, while on the following weekend – July 25 and 26 – the ...
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News briefs
Skechers has signed a new four-year $250 million secured credit...
Skechers has signed a new four-year $250 million secured credit facility. Eight lenders participated in the transaction including two lead arrangers, Wells Fargo Foothill and Bank of America. Besides the bank facility, Skechers redeemed $95 million worth of remaining auction rate facilities. The company believes that the total cash and ...
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News briefs
Steve Hazell, 48, has become vice president of New Era...
Steve Hazell, 48, has become vice president of New Era Cap for Europe, in charge of sales, marketing and distribution for the whole region out of its office in the U.K. Replacing Peter Lee, who has left the company, Hazell is reporting directly to Peter Augustine, president of this rapidly ...
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News briefs
Adidas intends to use the proceeds from a €500 million...
Adidas intends to use the proceeds from a €500 million Eurobond issue just completed to further improve the structure of its existing debt instruments by partially refinancing short-term bank loans. The five-year bonds, which pay an annual coupon of 4.75 percent, were several times oversubscribed, allowing the company to price ...
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News briefs
Lenders have agreed to a one-month extension of a €55...
Lenders have agreed to a one-month extension of a €55 million credit facility granted Quiksilver Europe, which was due to expire on June 30. The three banks, Société Générale, BNP Paribas and Credit Lyonnais, will receive a one-time payment equal to 1 percent of the outstanding balance as an arrangement ...
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News briefs
Asics is teaming up with Advansa on a new high-performance,...
Asics is teaming up with Advansa on a new high-performance, environmentally friendly line of running apparel that should be available in U.S. stores for the spring/summer 2010 season and later on in European stores. The garments utilize Advansa’s ThermoCool ECO fibers for both functionality and sustainability. The fiber mix was ...
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News briefs
After luxury skis, some new models of luxury bikes are...
After luxury skis, some new models of luxury bikes are coming to the market. Hublot, a Swiss manufacturer of watches, has developed the first bicycle under its own brand, retailing for €14,000. Sporting a futuristic design and high technological features, the Hublot All Black Bike is manufactured by another Swiss ...
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News briefs
Head N.V. is extending its deadline – once again –...
Head N.V. is extending its deadline – once again – to exchange €135 million in 8½ percent senior notes for a new 10 percent senior secured note due 2014. This action may signal reluctance among Head’s bondholders to go along with the deal, which would cut the face value of ...
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News briefs
Tyr is filing a complaint against Fina, the international governing...
Tyr is filing a complaint against Fina, the international governing body of swimming, for not releasing the results of tests conducted on four models of swimsuits that Fina has not approved for competition. The complaint, being filed at the Tribunal de Grande Instance de Strasbourg in France, says that the ...
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News briefs
Alexander Krassler and his family have decided to sell their...
Alexander Krassler and his family have decided to sell their Intersport XL store in Ried im Innkreis in Austria to Intersport Eybl, the big player in the Austrian sporting goods market. The deal for the 1,200-square-meter store will be effective in September, bringing to 23 the number of Eybl stores, ...
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News briefs
Bart de Wilde was appointed to the new position of...
Bart de Wilde was appointed to the new position of general manager of Umbro EMEA (Europe, Middle East and Africa) last month. A former manager of Philips and Foot Locker, the Dutch executive has spent more than 11 years with Nike in various roles, including responsibility for soccer in the ...
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News briefs
Rocky Brands recently appointed Garlands as its new distributor for...
Rocky Brands recently appointed Garlands as its new distributor for the U.K. and Ireland. Targeting mainly the hunting boot market, the American company previously signed a multi-year distribution agreement with Normark, Diamant and Tigar for other parts of Europe. Normark, the Finnish company behind Rapala, has extended its territory to ...
