Value Chain - Manufacturers – Page 7
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News briefs
Chinese sporting goods manufacturers' sales rose by 8 percent to...
Chinese sporting goods manufacturers' sales rose by 8 percent to 58.02 billion yuan renmimbi (€7,298.60m-$9,447.67m) in the six months ended June 30, according to China's Ministry of Industry and Information Technology. Their gross profits increased by 20 percent to RMB2.06 billion (€259.18m-$335.46m), indicating relatively low margins. Almost half of the production ...
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News briefs
Pou Chen, the world's largest shoe manufacturer and parent company...
Pou Chen, the world's largest shoe manufacturer and parent company of Yue Yuen, is said to be planning to set up its first factory in Myanmar, the former Birmania, with an investment of around US$100 million. Located near the country's capital, Yangon, it would have an annual capacity for nine ...
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News briefs
Bondholders of Mitteldeutsche Fahrradwerke (Mifa), the largest bike manufacturer in...
Bondholders of Mitteldeutsche Fahrradwerke (Mifa), the largest bike manufacturer in Germany, have agreed to delay payment of interest on their bonds, originally scheduled for Aug. 12, until the presentation of a new business plan at end of October. They have appointed a Munich-based consultant, One Square Advisory Services, to negotiate ...
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News briefs
BSI, the German federation of sporting goods manufacturers, has abruptly...
BSI, the German federation of sporting goods manufacturers, has abruptly ousted its managing director, Adalbert von der Osten, who has served for eight years in the job, with effect from June 30. The official explanation for the decision by the board was differing positions on the development of the federation. ...
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News briefs
STMicroelectronics, a French-Italian semiconductor manufacturer and a top-tier supplier of...
STMicroelectronics, a French-Italian semiconductor manufacturer and a top-tier supplier of technology for the wearable market, will once again be the title sponsor of the Wearable Technologies Innovation World Cup in 2014/2015. The WT Innovation World Cup is the leading worldwide innovation competition in the field of wearable technologies. From June ...
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News briefs
Hero Cycles, India's largest bicycle manufacturer, is acquiring a 47...
Hero Cycles, India's largest bicycle manufacturer, is acquiring a 47 percent stake in Mitteldeutsche Fahrradwerke (MIFA), the troubled German bicycle and e-bike maker. Through its subsidiary OPM Global, based in Amsterdam, Hero will buy shares worth up to €15 million in MIFA. This stands for a 10 percent capital increase ...
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News briefs
After the success of the first WFSGI Manufacturers Forum in...
After the success of the first WFSGI Manufacturers Forum in Taipei last December (see SGI Europe no. 24-38+39 of Dec. 9), the World Federation of the Sporting Goods Industry has decided to organize a new one on Nov. 12-14 in Leipzig, Germany. It has already started soliciting bookings for the ...
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News briefs
Hero Cycles, the Indian bicycle manufacturer, is building a new...
Hero Cycles, the Indian bicycle manufacturer, is building a new plant in the state of Bihar, in India's northeast. The investment is worth nearly INR370 million (€4.3m-$5.9m) and is supposed to allow for the production of one million bicycles per year, expandable by 50 percent after two or three years. ...
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News briefs
Greenmaster, the Taiwanese manufacturer of fitness equipment, is about to...
Greenmaster, the Taiwanese manufacturer of fitness equipment, is about to introduce its Yowza Fitness brand in Europe. It will do so through its Germany-based subsidiary, Green Fitness. In return, Green Fitness will no longer distribute another fitness label, FitCrew. Yowza is already on the North American market and is successful ...
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News briefs
Tiong Liong, a Taiwan-based textile manufacturer, has collaborated with Invista's...
Tiong Liong, a Taiwan-based textile manufacturer, has collaborated with Invista's Cordura brand team to expand its Air Flow Technology (AFT) collection of fabrics with new knit constructions featuring enhanced abrasion and snagging resistance. Targeted primarily at outdoor, athletic and safety footwear, these breathable fabrics can also be used in mesh ...
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News briefs
Wintersteiger, the large manufacturer of ski service solutions and other...
Wintersteiger, the large manufacturer of ski service solutions and other machinery, has appointed Christian Rauscher to the executive board in charge of production and technology. The 45-year-old has served various companies in the transportation and machinery industries such as Liebherr, Magma Steyr, HTP Automotive and KTM motorcycles. Rauscher completes the executive top ...
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News briefs
Wintersteiger, the leading manufacturer of ski maintenance and storing solutions...
Wintersteiger, the leading manufacturer of ski maintenance and storing solutions as well as of other types of machinery, has posted record sales for the third year in a row. Total sales soared from €101.8 million in 2011 to €126.2 million in 2012. The significant sales increase came substantially from the ...
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News briefs
Safilo, the big Italian manufacturer of eyewear and marketer of its...
Safilo, the big Italian manufacturer of eyewear and marketer of its own Carrera and Smith sports brands, has appointed Philipp Greilberger commercial director for optics and sports at its Austrian subsidiary. The 34-year-old served on the executive board of Nike's subsidiary in charge of Austria and Switzerland.
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News briefs
Yue Yuen, the leading manufacturer of sports footwear, saw its...
Yue Yuen, the leading manufacturer of sports footwear, saw its sales increase by 3.6 percent to about $7,297 million for the full fiscal year until the end of September. The company's shoe manufacturing business lifted its turnover by just 1.5 percent to $5,074 million, with a decline of 4.9 percent ...
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News briefs
Cober, an Italian manufacturer of ski, trekking and nordic walking...
Cober, an Italian manufacturer of ski, trekking and nordic walking poles, has appointed Vinicio Rossi to the new position of commercial director, responsible for domestic and foreign markets. For Cober, which has been working on an OEM basis for big companies such as Décathlon, Head and Elan, the move signals ...
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News briefs
Dale of Norway, the Scandinavian specialty manufacturer of knitwear, is...
Dale of Norway, the Scandinavian specialty manufacturer of knitwear, is making inroads into the Russian market, where it has picked a distributor that also handles brands such as Icebreaker, Hanwag, Fjällräven, Tierra, Rossignol, Kästle, Sea to Summit and Eagle Creek. Based in Moscow, NordSport will start distributing Dale in the ...
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Meindl, the German manufacturer of outdoor boots, has decided to...
Meindl, the German manufacturer of outdoor boots, has decided to pull out of the cross-country shoe business. An executive of the company told this publication that sales of the line were small compared with hiking and mountaineering footwear. The cross-country collection would have needed a complete relaunch with a major ...
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News briefs
Swallow Ski, a Japanese ski manufacturer that has been exhibiting...
Swallow Ski, a Japanese ski manufacturer that has been exhibiting at Ispo in Munich since 1977, was celebrating its 60th anniversary at this year's show. The company's chief executive, Satoshi Maruyama, has been going to Munich every year since then, always staying at the same hotel. In 1977, there was a Japanese ...
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News briefs
The Vegam division of Spac, an Italian developer and manufacturer...
The Vegam division of Spac, an Italian developer and manufacturer of technical fabrics and components near Vicenza, is partnering with the eVent division of General Electric to bring a new line of permeable and bi-component waterproof fabrics to European shoe companies. Spac will produce both three- and four-layer laminates for ...
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News briefs
Stöckli, the Swiss manufacturer of snow and outdoor products, makes...
Stöckli, the Swiss manufacturer of snow and outdoor products, makes inroads into “cross-country cycling,” which is now also an Olympic discipline. The company has sealed a sponsoring agreement with Mathias Flückiger, Switzerland's best biker in this category and third in world championships.
