All News briefs articles – Page 999
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News briefs
Lacrosse Footwear is going to buy the footwear business of...
Lacrosse Footwear is going to buy the footwear business of END, a company whose name stands for Environmentally Neutral Design Outdoor. Lacrosse formed a new subsidiary that has signed a deal to acquire END’s inventory, intellectual property and other assets of its footwear business. The estimated cost is $500,000 and ...
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News briefs
Décathlon came out as the company that French people prefer...
Décathlon came out as the company that French people prefer the most in a survey of 1,276 persons conducted in March and April throughout the country on behalf of the French financial daily Les Echos. The leading French sporting goods retailer was followed by the French Postal Service, by Ikea ...
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News briefs
Eric Wiseman, the chief executive for VF Corporation, has said...
Eric Wiseman, the chief executive for VF Corporation, has said that the company is actively looking for acquisitions to boost its outdoor and action-sports coalitions. He told Bloomberg News that VF Corp., parent of such brands as The North Face, Napapijri, Eastpak, Jansport, Eagle Creek and Vans, has already been ...
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The chief executive of Jarden Corporation, Martin Franklin, predicted in...
The chief executive of Jarden Corporation, Martin Franklin, predicted in a radio interview with Bloomberg that U.S. customers’ economic situations are going to improve for the third and fourth quarters, and noted that retailers in its outdoor and appliance businesses are already rebuilding inventories. He said that Jarden was focused ...
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News briefs
Christian Kraus is the new commercial director of Salewa Germany....
Christian Kraus is the new commercial director of Salewa Germany. The 32-year-old, who started working for the Italian brand on May 1, replaces Karl-Heinz Maurer, managing director of the German sales subsidiary in charge of finance, organization and personnel since 1990. Maurer is creating his own consultancy for the sports ...
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News briefs
One Sport, a retailer in the free Italian city-state of...
One Sport, a retailer in the free Italian city-state of San Marino, has opened a 1,400-square-meter sportswear store under the name of Swer, after an investment of €5 million. Run by an Italian industry veteran, Gaetano Memmola, the project is based on a new concept that may be replicated elsewhere ...
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News briefs
Schoeller says it has created a textile DNA solution that...
Schoeller says it has created a textile DNA solution that can identify a product and its unique design. Intended to help in the fight against counterfeiting, the solution can detect a copy within a matter of seconds and can be used to check chemicals, fibers, textiles, finished products, clothing and ...
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News briefs
Descente, the Japanese maker of sportswear and distributor of other...
Descente, the Japanese maker of sportswear and distributor of other sports brands, reported net income up by 8 percent to ¥2.2 billion (€16.6m-$23.2m) for the fiscal year ended Mar. 31 despite a 5 percent decline in annual sales to ¥77.1 billion (€582.4m-$813.1m). The company is forecasting a 9 percent decline ...
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News briefs
Exhibitors who participated in Sports Unlimited Valencia, the new Spanish...
Exhibitors who participated in Sports Unlimited Valencia, the new Spanish trade show organized by Reed Exhibitions, reportedly expressed satisfaction over its first edition, which took place in Valencia on May 19-21. They praised its “trading club” format, which obliged 110 invited buyers to book 45-minute sessions with the exhibitors during ...
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News briefs
The Paris International Two-Wheeler Show, the exposition for motorcycles and...
The Paris International Two-Wheeler Show, the exposition for motorcycles and scooters that was slated for September, has been canceled. The organizers and motorcycle manufacturers agreed that the current economic climate would mean that the quality of the show would be compromised and they would not be able to meet the ...
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News briefs
Shimano has reported that its total sales for the first...
Shimano has reported that its total sales for the first quarter of 2009 fell by 18.9 percent to ¥45.1 billion (€340.7m-$475.6m), though it managed to eke out a 2.9 percent increase in net income to ¥5.5 billion (€41.5m-$58.0m) thanks to an increase in non-operating income and lower taxes. The gross ...
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News briefs
Revenues from the outdoor and fitness segments at Garmin grew...
Revenues from the outdoor and fitness segments at Garmin grew by 13.5 percent to $80 million in the first quarter ended March 28. The company, which makes personal navigation devices (PND), said this was a result of its penetration in the channel and increasing market shares in the fitness division. ...
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News briefs
Plutosport, which has made a name for itself as a...
Plutosport, which has made a name for itself as a hard-hitting electronic sports retailer in the Netherlands, is preparing to open a second store in the country. Since 2007, Plutosport has had a megastore of 1,400 square meters in Ter Aar, near Alphen aan de Rijn, which is meant as ...
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News briefs
Marks & Spencer, the U.K. retailer, has launched a new...
Marks & Spencer, the U.K. retailer, has launched a new range of children’s clothing inspired by surfwear. The retailer also had a competition that ended on May 15, inviting children to design their own surfboard; the 50 winners are having their designs shaped into a surfboard by Surfboards UK, a ...
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News briefs
Orange 21 says it has received approval of its request...
Orange 21 says it has received approval of its request to transfer its listing to the Nasdaq Capital Market, with effect from May 8. The parent company of Spy Optic had made the request after receiving a notice from Nasdaq last April 21 that it no longer met the requirements ...
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News briefs
The British Retail Consortium has expressed disappointment about the £5...
The British Retail Consortium has expressed disappointment about the £5 billion (€5.57bn-$7.36bn) top-up credit insurance scheme announced by the government to help suppliers to deal with risky customers, billing it as “too little, too late for the retail sector.” The program, which we reported in the last issue, is set ...
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Joseph R. Johnston, 76, who worked for Jas. D. Easton...
Joseph R. Johnston, 76, who worked for Jas. D. Easton for 25 years, died on April 28 from complications of amyotrophic lateral sclerosis. He was the president of Hoyt from the time Easton bought it until 1989, when he moved to Amsterdam to establish the operations of Easton Sports Europe. ...
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News briefs
Accell Group has found a more direct way to supply...
Accell Group has found a more direct way to supply its members with steel mudguards: It bought the machinery to make them from Lepper VSL. Lepper VSL, which was having financial problems, will still handle orders, production and deliveries, and will pay Accell to use the equipment. Lepper also makes ...
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News briefs
Acting through a Spanish company called Dicaltex Internacional, the family...
Acting through a Spanish company called Dicaltex Internacional, the family of Francisco Borja has signed a long-term licensing deal for the development and sale of exclusive lines of Ellesse apparel and footwear in Spain and Portugal, starting with the spring/summer 2010 season. The Italian brand has been absent from the ...
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News briefs
Acushnet Company is cutting the workforce at its Titleist golf...
Acushnet Company is cutting the workforce at its Titleist golf ball plants in Massachusetts, it has been reported. The 169 eliminated positions make up about 11 percent of the 1,500-strong workforce in the area, and will take place gradually. Acushnet, a Fortune Brands company, blamed the drop in consumers’ discretionary ...
