All Athletics articles – Page 13
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Article
Sharp cost-cutting at K-Swiss
Hit by a sharp decline in American orders, K-Swiss managers said the company's costs would be “viciously attacked” to redress its sagging profit margin and to align the group's structure with the current situation. Costs could be reduced by about 20 to 25 percent next year.The drastic move comes as ...
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News briefs
GBsport TV, a free digital sports channel that will stream...
GBsport TV, a free digital sports channel that will stream sports live in the U.K., is preparing to launch in September. The channel has the backing of the sports production company Input Media; the brand engagement specialist Kameleon; the Telegraph Media Group; and Convers Sports Initiatives, a fast-growing sports, media ...
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Article
Spanish industry records positive results for the first time since 2008
The Spanish sporting goods industry had a successful year in 2010, with positive results after two years of recession. With a 1.7 percent sales increase over 2009 to €5,078 million, 2010 indicates a slight recovery from the recession that started in 2008. It was pointed out, however, that most of ...
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Article
VF acquires Timberland, targeting synergies and higher profits
VF Corporation, the owner of The North Face and many other outdoor, sports and jeans brands, has agreed to pay about $2 billion to acquire The Timberland Company, the American firm that owns the Timberland and SmartWool brands. The amount doesn't include extra cash at Timberland. If completed, the tie-up ...
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Article
K-Swiss’ momentum goes on in the U.S.
Continuing the momentum established in the previous quarter, K-Swiss' revenues rose by 10.2 percent to $72.6 million in the first quarter ended March 31, driven by a 31.4 percent increase in domestic revenues to $31.5 million. Judging from a 45 percent improvement in orders, the rally should continue: K-Swiss expects ...
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News briefs
Sport 2000 Germany has sealed an interesting sponsoring deal with...
Sport 2000 Germany has sealed an interesting sponsoring deal with Adidas: The Three Stripes have granted the buying group the exclusive right to use its contractees in athletics, Jennifer Oeser and Norman Müller, as ambassadors for Adidas' Supernova collection in Sport 2000 shops. Additionally, the group has put together a ...
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Article
Intersport Greece moves into Turkey
Fourlis Holdings announced earlier today the acquisition of 20 of the 28 existing Intersport stores in Turkey, four of them operating as franchises. Fourlis, a large Greek retail conglomerate quoted on the Athens stock exchange, already has the license for Intersport in Greece, Romania, Bulgaria and Cyprus. Fourlis wants to ...
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Article
The Cat leaps in the quarter
Puma ended the 2010 financial year with a buoyant quarter, enabling it to proclaim that it was “Back on the Attack” – the name given to the five-year plan, outlined by the management last year, to reach sales of at least €4 billion by 2015.Puma's consolidated sales soared by 28.2 ...
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Article
New Development Phase For Damart Sport
Damartex, owner of the French Damart brand of thermalwear and other products for senior citizens, is opening its first Damart Sport flagship store in a central location of Strasbourg, measuring 80 square meters, after a test with a pilot shop in Brussels. Others may follow in the next months if ...
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Article
India Should Get Long-term Benefits From The Commonwealth Games
After publishing a series of research reports on all the aspects of the sporting goods market in each European country, we have decided to launch a similar study of the market in India, one of the world’s most populous nations, where many large and small brands have been planting seeds ...
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Article
Puma Plans 5-year ‘Attack’
More focused investments in emerging markets, an entirely revised supply chain and more distinct product ranges are part of a strategic overhaul launched by Puma to exploit a sales potential estimated at €4 billion by 2015, which would amount to incremental sales of about €1.5 million compared with last year. ...
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Article
Lotto Starts A New Stage Of Its Indian Expansion
Lotto Sport Italia has signed a new 15-year extension of its licensing agreement with anIndian company, Sports Lifestyle Private, set up in July 2007. The agreement has new clauses for the production and distribution of Lotto branded products in India from January 2011. Sports Lifestyle has agreed to ...
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Article
Suffering K-swiss Buys Another Brand
K-Swiss has bought Form Athletics, a California-based company that specializes in lifestyle wear and gear for mixed martial arts, with a surf-and-skate flavor. It will be a division of K-Swiss, and will continue to be led by Mark Miller, the chief executive of the company who started it early this ...
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Article
Asics Takes Over Haglöfs At A Premium To Hike Into The Outdoor Sector
In a major diversification move that surprised several observers, Asics Corporation announced that it has reached an agreement to buy 100 percent of the shares of Haglöfs Holding, the leading Swedish brand of outdoor products. After multiple discussions with Ratos AB, which has owned Haglöfs since 2001, Asics’ board of ...
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Short stops
Kelme has signed a contract to sponsor the national athletics...
Kelme has signed a contract to sponsor the national athletics federation of the Dominican Republic through the London Olympic Games of 2012.
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Short stops
Xtep International Holdings, the Chinese sportswear company, will be the...
Xtep International Holdings, the Chinese sportswear company, will be the partner and sole sportswear sponsor for the International Association of Athletics Federations Diamond League Shanghai, a series of track and field meets, through 2012.
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Short stops
Molten has won a three-year deal to supply the balls...
Molten has won a three-year deal to supply the balls for the British Colleges Sport, the group for higher education athletics in the U.K., covering 270 colleges in the country.
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Short stops
Kelme will sponsor the national athletics federation of the Dominican...
Kelme will sponsor the national athletics federation of the Dominican Republic until the London Olympics.
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Article
Bread & Butter Finds Its Stride In Berlin
Bread & Butter, the denim and sports fashion fair, will strive to draw more exhibitors and visitors from the active sportswear sector for its next edition in July. After a vibrant fair earlier this month, organizers have intensified talks with sportswear brands that often exhibit at Pitti Uomo in Florence, ...
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Article
Timberland Posts Higher Profits And Some Sales Increases
A turnaround is finally in sight. The revenues of Timberland were flat at $421.8 million in the third quarter, but rose by 1.7 percent excluding foreign currency effects, which decreased the total by about $9 million. The sales figures reflected strong growth in boots in Europe and in the SmartWool ...
