All News briefs articles – Page 994
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News briefs
Quelle, Arcandor’s bankrupt mail-order retailer, has been granted a governmental...
Quelle, Arcandor’s bankrupt mail-order retailer, has been granted a governmental loan worth some €50 million. Around €20 million will come from the Free State of Bavaria, the rest from the federal government as well as the one of Saxony, another region in which Quelle has employees. The European Commission approved ...
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News briefs
At its general assembly this week, members of the Dutch...
At its general assembly this week, members of the Dutch organization of sports suppliers, FGHS, unanimously voted to take legal action against retailers who have started charging them extra fees to be deducted from their invoices, without any prior consultation. They are particularly annoyed about the unilateral aspect of the ...
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News briefs
Quiksilver and the Australian musician Kram have produced a cover...
Quiksilver and the Australian musician Kram have produced a cover of the song “Blitzkrieg Bop” by the 1970s punk band the Ramones. It comes as Quiksilver is selling a line of Ramones products in agreement with the band’s global merchandise licensee, Bravado. The collection includes T-shirts with artwork based on ...
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News briefs
Recent reports that Matthew D. Serra, the chief executive and...
Recent reports that Matthew D. Serra, the chief executive and board chairman of Foot Locker, is leaving have been confirmed, and he will be replaced as president and CEO effective Aug. 17. Ken C. Hicks will step into these roles and join the board of directors. Hicks, 56, comes from ...
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News briefs
Jose Luis Duran, who left last December as chief executive...
Jose Luis Duran, who left last December as chief executive of the Carrefour Group, is the new head of Devanlay, the global apparel licensee of Lacoste and owner of a 35 percent share in the brand. In one year’s time, Duran, a Spaniard who is now 44 years old, will ...
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News briefs
Crocs Europe has named a new sales director, Wim Tuijl,...
Crocs Europe has named a new sales director, Wim Tuijl, to manage sales in the European markets where the brand is traded through distributors. He has been head of sales for Rucanor Europe, Adidas Benelux and Oilily. He spent 12 years in different positions with Nike including those of Benelux ...
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News briefs
For the fourth time, Head N.V. is extending the deadline...
For the fourth time, Head N.V. is extending the deadline for the offer to exchange its €135 million in outstanding 8½ percent senior notes due in 2014 for new 10 percent senior secured notes due that same year. The new deadline is July 3; the first deadline was May 12. ...
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News briefs
Nike has renewed its sponsorship deal with the U.S. Track...
Nike has renewed its sponsorship deal with the U.S. Track & Field Association, which it has worked with since 1991. The new deal runs through 2013 with a four-year renewal option, and includes the establishment of a new fund, the “Project 30 Fund,” to help up-and-coming athletes who lack sponsorship ...
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News briefs
Mizuno has decided to merge its golf operations in France...
Mizuno has decided to merge its golf operations in France together with its other activities in the country, where it already has a strong position in the running and football segments. It’s also active in martial arts and skiwear, and as reported it is now adding swimwear. Martin Jouanneau, a ...
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News briefs
Reebok has launched a new shoe designed by a former...
Reebok has launched a new shoe designed by a former engineer with NASA. The EasyTone uses what Reebok calls a “balance pod” system to cause natural instability with each step, and say it increases activity of the gluteus muscles by as much as 28 percent over ordinary sneakers. The shoes ...
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News briefs
The Italian producer of energy food Enervit has reached a...
The Italian producer of energy food Enervit has reached a distribution agreement until 2013 with the German company Zertus to distribute each other’s products in their home markets. Under the deal, Zertus’ unit Importhaus Wilms/Impuls will distribute Enervit’s brand EnerZona in Germany and Enervit will distribute in Italy Zertus’s food ...
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News briefs
Puma’s Il Mostro sailing yacht finished its maiden Volvo Ocean...
Puma’s Il Mostro sailing yacht finished its maiden Volvo Ocean Race, a 37,000-nautical-mile race around the globe, in second place when it docked at St. Petersburg, Russia, on June 27. Puma used the event’s 11 port destinations from Alicante to Stockholm to activate complex onshore marketing strategies for the brand ...
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News briefs
Flori Schuster, an important sports retailer in Munich, is sending...
Flori Schuster, an important sports retailer in Munich, is sending out a positive sign in troubled times: All of Schuster’s employees have been granted an increase of their salaries plus a bonus for each worth €500. This is a result of the positive financial development of the company, which is ...
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News briefs
John Jansen will join Keen in the position of general...
John Jansen will join Keen in the position of general manager for Keen Europe. The company has made growing its business in Europe a priority, and Jansen will work from the European headquarters in Rotterdam, the Netherlands, that Keen set up last year to this end. He was most recently ...
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News briefs
Holger Knapp, publisher of the German TextilWirtschaft magazine and other...
Holger Knapp, publisher of the German TextilWirtschaft magazine and other publications of Deutscher Fachverlag, has been promoted as one of the company’s managing directors. The 37-year-old, who has been with the company since 1999, will also be in charge of two other trade magazines, Sportswear International and the Italian Fashion ...
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News briefs
As part of its growth strategy, Intersport in the U.K....
As part of its growth strategy, Intersport in the U.K. and Ireland has appointed Lindsay Anderson to be its senior apparel selector, and Cara Delaney to work with suppliers, member stores and personnel from Intersport UK’s parent company, AIS. Anderson comes from Morleys Stores Group, where she did the buying ...
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News briefs
MBT has reached a worldwide settlement with Ryn Korea over...
MBT has reached a worldwide settlement with Ryn Korea over MBT’s complaint that Ryn and several U.S. distributors were infringing on its patent for a distinctive convex outsole that destabilizes the foot to activate more muscles. The lawsuit, filed with the International Trade Commission of the U.S. and in a ...
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News briefs
Puma has won the right to supply the matchball for...
Puma has won the right to supply the matchball for all the first- and second-division competitions of the Football League during the 2009-10 season, reinforcing its image in the technical part of the market. The brand will supply 12,000 specially designed balls for the events. Until now, the French teams ...
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News briefs
Callaway Golf has successfully completed its private offering of 1.25...
Callaway Golf has successfully completed its private offering of 1.25 million shares of 7.5 percent Series B Cumulative Perpetual Convertible Preferred Stock, with a liquidation preference of $100 per share. The initial purchasers exercised an option to buy an additional 150,000 shares of preferred stock to cover all over-allotments. The ...
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News briefs
Fifa is budgeting expenses of $1.1 billion in 2010, more...
Fifa is budgeting expenses of $1.1 billion in 2010, more than half of which would flow into the 2010 World Cup in South Africa. The supreme football body reported an 8.5 percent increase in its 2008 revenues to $957 million, which generated a profit of $185 million, up from $49 ...
