Latest Headlines – Page 273
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Lululemon wants 40 stores outside North America
The new management of Lululemon Athletica, led by Laurent Potdevin, wants to push its international operations and play a stronger role in men's, which currently represent 13 percent of sales, after posting relatively poor results for the first quarter ended May 4. The Vancouver-based company reported a 60 percent drop ...
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Adidas partners with Bluesign
The Adidas Group wants to project a greener image with two new moves on the environmental front. It has decided to become a systems partner of Bluesign Technologies and it has made new public commitments to the phase out of harmful substances.Through Bluesign Technologies, the group's suppliers worldwide will be ...
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Brooks survey shows that running is sexy
To celebrate National Running Day in the U.S., Brooks Running Company connected with runners across the country to find out what running means to them. The company's second annual “Brooks Run Happy Nation Report” revealed that for 76 percent of all runners, people look sexy when they are running and ...
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Nike is growing faster than Adidas
The two-horse race between Adidas and Nike is heating up. It always does on the eve of a football World Cup, where both brands will again have strong visibility, starting two weeks from now. Nike is going to outfit ten teams including the host, Brazil. Adidas will clad nine teams, ...
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The global football market should grow by 8% in 2014, says NPD
In 2014, the global football market is expected to generate retail sales of around €12.5 billion, up 8 percent compared with 2013, according to a recent study by NPD Group. The market this year will be boosted by the Fifa World Cup that starts in Brazil in a few days. ...
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Puma stabilizes
The first quarter of this year was better than the fourth quarter of 2013 for Puma as the company started to see the fruits of numerous strategic initiatives, but the new chief executive, Björn Gulden, cautioned that 2014 will still be a transitional, “turnaround” year. Sales will start to improve ...
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Foot Locker continues its momentum
Foot Locker is setting up new stores in under-penetrated markets in Europe and planning to further develop e-commerce in the continent, leaning on the digital platform of the Runners Point Group (RPG). Six new stores were opened in France during the first quarter of 2014, ended on May 3. E-commerce ...
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B24 acquires bWise Commerce
B24, a provider of software solutions for electronic trade flows in the retail trade, has acquired the Norwegian company bWise Commerce, which delivers EDI solutions to the sporting goods industry in Norway. It is a partner with the Norwegian sporting goods industry association, Sportbransjen.According to Bård Kristiansen, CEO of Sportbransjen, ...
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Swiss Intersport creates new roles
The board of directors of Intersport PSC Holding, Swiss licensee of Intersport International Corp., has decided to expand the management, appointing four executives in charge of different activities. They will report to Patrick Bundeli, the former chief financial officer of the company, who was recently appointed chief executive following the ...
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Zalando’s growth slows down
Zalando, the big European internet retailer, has reported a 35 percent sales increase to €501 million in the first quarter, including a rise of 27 percent to €223 million in the German-speaking area. The company's sales had surged by 74 percent in the same quarter a year ago, following its ...
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The Stöcklis sell their shares to the Kaufmanns
The founding family of Stöckli Swiss Sports AG, established in 1935, has sold all of its shares to another Swiss family of entrepreneurs, the Kaufmanns. The latter have held an unspecified, but apparently substantial interest in Stöckli, an interesting company that has been making bicycles and skis and running a ...
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Mizuno recovers in Europe
While reporting a double-digit sales increase in Europe for its last financial year, ended on March 31, Mizuno Corporation announced that all its European operations outside the golf sector – running, indoor sports, football and performance underwear – will be based at the company's German subsidiary at Ascheim, near Munich.The ...
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The Tacchinis want their brand back
Sergio Tacchini, the 76-year-old former Italian tennis champion, and his 49-year-old son Alessandro have made a proposal to reacquire the rights to the Sergio Tacchini brand, which they had sold seven years ago to a Chinese supplier, Hembley. The rights are currently held by an Italian company, Sergio Tacchini International, ...
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USG expands European operations further
Jacques van der Manden has been appointed international business development manager for USG Brands, the Dutch company that owns Tenson and distributes or licenses many other brands. He takes the position from Steve Preston, who will now concentrate on USG's retail business. Van der Manden worked previously for O'Neill and ...
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GoPro has new plans
GoPro has filed the paperwork for a $100 million public offering on Nasdaq, providing some interesting figures and indicating that it plans to turn into a social media giant based on the huge video contents generated by more than 8.5 million customers who have bought its HD action cameras around ...
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Rob Fyfe becomes Icebreaker’s CEO
Switching jobs with the company's 44-year-old founder, Rob Fyfe has been appointed chief executive of Icebreaker, the New Zealand brand that pioneered merino wool apparel 19 years ago, with effect on June 2. The founder, Jeremy Moon, is going to act as executive chairman and creative director of the company.Fyfe ...
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Keen has a new president
Steve Meineke has agreed to act as president of Keen Footwear, starting on June 1. He comes from Accell Group, the big Dutch-based bicycle manufacturing group, where he led its North American subsidiary for the past two years. He previously acted as president of Raleigh America, now a property of ...
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Peak Performance improves margins
IC Companys reports a 4 percent increase in the revenues of its Premium Outdoor segment, represented by Peak Performance, in the third quarter of its financial year, ended on March 31. The revenues grew at a wholesale level of 8.3 percent as compared to the corresponding period of 2013, largely ...
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Vietnamese plants reopen after anti-Chinese protest
According to the latest reports from Vietnam, most of the the low-cost manufacturing operations that were shut down due to a wave of anti-China riots earlier this month have been reopened. Some will reportedly seek reimbursement from the Vietnamese government, with pressure from Taiwan, for damages suffered by their facilities.Almost ...
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Grendene licenses Olympikus for sandals
Grendene has signed a licensing deal for the manufacture and sale of Olympikus branded sandals. Olympikus' parent company, Vulcabras, and Grendene, which makes sandals under the Ipanema, Rider and Cartago brands, belong to different parts of the Grendene family.Aside from a couple of brands of fashion shoes, Azaleia and Dijean, ...
