Latest Headlines – Page 224
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New managers at Nike and UA
Craig Zanon has been appointed general manager of global basketball at Nike, following the departure of Michael Jackson, who held the job for two years.Separately, it turns out that Dave Dombrow, the designer who announced he was leaving Under Armour for Nike in March, is actually returning to Under Armour ...
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New managers for Merrell and Royer
Rob Griffiths, 51, has been appointed by Wolverine Worldwide as the new general manager of Merrell for Europe, the Middle East and Africa (EMEA). After working for Stylo Instep, Ellesse, Umbro, Bench and Esprit, Griffiths joined Wolverine at the end of 2013 as vice president and general manager of its ...
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Ecco reshuffles top positions
Ecco decided to initiate a gradual generational handover of responsibilities in the executive board at its supervisory board meeting and its annual meeting last month. After being in charge of the big Danish group for almost 12 years, Dieter Kasprzak is handing over its day-to-day management to Steen Borgholm, and ...
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Acushnet's owners file for its IPO
The owners of Acushnet have filed an offering with the Securities and Exchange Commission (SEC) that is aiming to raise up to $100 million for the group of investors around Fila Korea that bought the golf equipment company from Fortune Brands for $1.23 billion in 2011.Acushnet is the company behind ...
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Lululemon continues its foreign expansion
Next month, Lululemon Athletica will open its first company-operated store in Zurich, Switzerland, along with a new shop-in-shop in London, accompanied by a major new promotion. The Canadian-based group opened a company-operated store for the first time in Seoul during the first quarter ended May 1. It also opened nine ...
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Beachbody will launch shoes and apparel
Beachbody is a big American group that develops videos and sells DVDs for in-home and gym-based fitness programs under different brands like Insanity, P90X and 21 Day Fix. Many of them feature celebrities. It also sells weight-loss nutrition products under the Shakeology brand name. It makes an annual turnover of ...
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Bodytalk’s new chief targets European growth
Bodytalk, the Greek fitness and sportswear brand, is pumping up its investments in France and other European markets this year under the leadership of a new chief executive, who is aiming for an equal split between sales on the domestic market and abroad in five years' time.Vassilis Karamanlis, who has ...
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Peak Performance clean-up reduces sales
IC Group, the Danish parent company of Peak Performance, has downgraded its projections for sales and earnings for the full year to the end of June, due to a sudden deterioration in sales at its own stores and the accelerated clean-up of the wholesale business at Peak Performance.The IC Group's ...
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New name, logo and production for Pon
Bike Europe reports that Pon Bicycle Group has changed its name to Pon.Bike Group and that the Dutch-based bicycle group has reached an annualized turnover in the range of €600 million with production of 800,000 bicycles. Pon.Bike has also come out with a new logo, which was apparently inspired by ...
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Halfords' bike sales resume their growth
Halfords saw revenues at its cycling division grow by 1.9 percent in the fourth quarter ended April 1. It was the second consecutive quarterly increase. However, the British retailer's sales of cycling products fell by 0.9 percent for the full financial year, and the company attributed the decline mainly to ...
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Ispo Shanghai to focus on adventure travel and running
Ispo Shanghai will take place this summer in the Shanghai New International Expo Center (SNIEC) for the second time, on July 6-8, and the figures should exceed those of the first edition of this new summer trade show. The organizers expect nearly 400 exhibitors from more than 20 countries, which ...
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Under Armour changes structure in Europe
In a bid to grow its business substantially in Europe, Under Armour has segmented the region into three sub-regions and decided how to sell its products in the five major European markets. The fast-growing American challenger of Nike and Adidas has concluded a major distribution agreement for the Italian market ...
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Johnson becomes chairman of Foot Locker
Richard A. Johnson, president and chief executive of Foot Locker, has been appointed to the additional position of board chairman, effective May 18. Nicholas DiPaolo, who has served as chairman for the past year, following the retirement of Kenneth Hicks, will remain on the board of directors until his term ...
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Foot Locker reports mixed results
Aside from its Runners Point and Sidestep chains in Germany, which continue to flounder on issues of product assortment, Foot Locker had pretty good results outside the U.S., especially in Canada, during the first quarter ended April 30. Foot Locker Europe had high single-digit growth during the period against a ...
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Decathlon moves into South Africa and Mexico
Decathlon has opened business in South Africa with a pop-up store in the Soweto area of Johannesburg. The French retailer's project leader in South Africa, Arnaud Gauquelin, says in an entry on Decathlon's website that the retailer is starting with a pop-up store to learn more about the demand from ...
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Sportringen goes to Denmark
Sportringen, the Swedish buying group in which Finland's SGN Sportia bought half of the shares at the end of last year (SGI Europe Vol. 26 N° 41-42 of Dec. 18, 2015), is establishing itself in Denmark. The move comes as Denmark's largest ice hockey store, Skatertown, has become a member ...
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More football mega-deals in the making
The prices of European team endorsements are apparently reaching new heights, with reports that Nike is preparing to fork out £60 million (€78.7m-$87.6m) per year for a deal with the Chelsea football club from the 2017/18 season and more than €100 million for Barcelona FC, which would probably make it the ...
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Nike reshuffles global management roles
Nike has announced a series of general management appointments. The company has named Phil McCartney as vice-president, general manager of Nike Footwear, effective June 1. McCartney, who has been with Nike for 19 years across multiple categories and geographies, will continue to work with category teams, design, product development and ...
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Nike expands its European distribution center
Nike has unveiled the latest expansion of its European Logistics Campus in Belgium, which is intended to make Nike's European operations more efficient and more sustainable. The expansion is also expected to enable growth by serving consumers and partners in 38 countries across the world from a single inventory location.According ...
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New commercial leadership for Amer
Just as Intersport International Corp. announced the appointment of its future chief executive, Victor Duran, starting next Jan. 1 (see our last issue), Amer Sports announced the promotion of Michael White to the new position of chief commercial officer. He will also have additional responsibility for the company's global Business ...
