Latest Headlines – Page 262
-
Article
Ispo Munich expands outdoor and other segments
The Ispo Munich show will again have a full house on Feb. 5-8 with more than 2,500 exhibitors from over 50 countries on 180,000 square meters of exhibition space. There will be interesting novelties in the outdoor, fitness, action sports and textiles areas.With a new Ispo Outdoor Lounge in Hall ...
-
Article
Puma partners with Rihanna
Confirming a strong rumor, Puma and Rihanna have announced a new multi-year partnership, starting in January 2015. The seven-time Grammy Award winner will become the global brand ambassador for Puma's women's training category. As part of the deal, she will also serve as the brand's creative director, to further develop ...
-
Article
Foot Locker posts excellent results
Net earnings rose by 15.4 percent to $120.0 million at Foot Locker in the third quarter ended Nov. 1 on 6.7 percent higher revenues of $1,731 million. Excluding $1 million in integration costs for Runners Point and other special charges, earnings per share jumped by 22.1 percent, beating analysts' estimates. ...
-
Article
Foot Locker and Nike target women
The much-awaited release of our special report on women's attitudes toward the purchase of sporting goods coincides with the launch of interesting new retail projects at Foot Locker and Nike, as well as the previously reported investments being made by Under Armour and other sports brands in this growing market ...
-
Article
Mikkola replaces Jost at the top of Intersport International
In a widely expected move, the board of management of Intersport International Corporation elected Jussi Mikkola from Finland as its new chairman at a meeting in Zurich on Dec. 2, replacing Klaus Jost from Germany. He will serve in the position until at least the meeting of the general assembly of ...
-
Article
Intersport buys largest member in East Germany
Intersport Germany has agreed to buy its largest member, in terms of number of points of sale, in the former East Germany. Wolfgang Rossow, founder and managing partner of Sportpoint Holding, is selling his shares to Intercontact Beteiligungsgesellschaft. This company is the holding company through which Intersport entirely or partly ...
-
Article
Tecnica is selling Dolomite
The Tecnica Group has signed an agreement in principle to sell its Dolomite brand to an American equity fund, Symphony Global Brands of Washington, D.C., at a basic price of €6.7 million, plus the value of its inventories and other assets. Officials of the Italian company cautioned that the deal ...
-
Article
Reebok buys Luta Sportswear
Reebok International has announced a long-term partnership with Fight for Peace, a non-profit organization combining boxing and martial arts with education and personal development. The partnership also involves the acquisition of Luta, the boxing and martial arts brand that supports Fight for Peace financially. Luta produces high-end, “socially responsible” sportswear ...
-
Article
Rossignol works with Sandbridge on apparel
Groupe Rossignol has announced the acquisition of a minority share in the company by an American investment fund, Sandbridge Capital, which will help the group to develop its strategy in the apparel sector. According to a spokesman, Sandbridge is acquiring a stake of between 5 and 10 percent in Rossignol ...
-
Article
New generation re-launches Five Seasons with big goals
The Swedish brand of value-priced sports apparel is being re-launched with a new logo, a new fashion-oriented collection and a stronger focus on large key accounts all over Europe. Five Seasons has also signed new agency and distribution contracts with experienced partners in Central Europe.It's all part of a three-year ...
-
Article
Adidas wins a round in knit patent fight
Adidas has won at least the first round of its battle against Nike on the issue of labor-saving knitting technologies for footwear uppers. The Federal Patent Court in Munich has ruled that the European patent filed by the Swoosh on knitting technology for footwear uppers used in its Flyknit range ...
-
Article
Two important nominations at Adidas
John Paul O'Meara, 36, has been appointed to the new position of senior vice president for strategy of the Adidas brand. He has been vice president of investor relations for the Adidas Group since October 2006. He worked briefly in 1999 at JP Morgan as corporate actions specialist, before serving ...
-
Article
Chief executive wanted at Li Ning
Li Ning wants to quickly appoint a new chief executive after Jin-Goon Kim, the company's interim chief executive, stepped down last month. Kim was installed at the helm of the company in July 2012 by Texas Pacific Group (TPG), the investment firm that acquired a sizeable stake in Li Ning ...
-
Article
New Eurochief for Deckers
Deckers Brands will have a new to manager for its European business. Sergio Azzolari, a former top executive of Fornarina's parent company, will join the parent company of Ugg Australia, Teva, Sanuk, Hoka One One and other brands next Feb. 2 as senior vice president for Europe, the Middle East ...
-
Article
Thule goes public
Thule, a 72-year-old Swedish company that has been investing more in the sports and outdoor sector lately, had a successful initial public offering on the Nasdaq Stockholm exchange on Nov. 26 as Nordic Capital, which acquired control of the company in 2007, sold 30 percent of its shares to institutional ...
-
Article
Oberalp signs deals with Halti and Spyder
Oberalp, the big Italian company that owns Salewa, Dynafit, Pomoca and Wild Country, is adding two important assets to its portfolio of distributed brands. It has signed a five-year deal with Halti to sell the Finnish brand in Italy and Austria, starting last Nov. 1, with an option to expand ...
-
Article
Bike popularity is still growing in the Netherlands
The distance the Dutch have been traveling within their country over the last ten years has remained more or less the same, around 11,000 kilometers per person per year. However, the distance traveled on bikes has increased by 7 percent since 2004, according to the Mobility Survey 2014 of the ...
-
Article
Ispo announced the BrandNew winners
The organizers of Ispo have announced the winners and finalists of this year's Ispo BrandNew competition, which will be given free stands at Ispo Munich on Feb. 5-8, 2015. They were selected by an international jury after receipt of a record number of 431 applicationsOnoo came put as the best ...
-
Article
Fesi among first partners of the European Week of Sport
At its annual European Sport Forum, which took place in Milan on Dec. 1-2, the European Commission presented some more details on the European Week of Sport, a new initiative that will be launched next year. Fesi, the Federation of the European Sporting Goods Industry, represented by its secretary general, ...
-
Article
WFSGI Manufacturers' Forum calls for smarter partnerships
Sporting goods designers and manufacturers assembled in Leipzig earlier this month called for a more integrated approach to design and production. They broadly agreed that the industry would run out of options to reduce labor costs, and that it should focus on reinforcing the interaction between brands and manufacturers to ...
