Latest Headlines – Page 376
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New President And Ceo From P&G For Amer Sports
Roger Talermo, the 54-year-old Finnish executive who has been running the group since 1996, has relinquished his role as president and chief executive of Amer Sports and will resign from the company as of June 21. Until then, he will continue to work for Amer in a special role, assigned ...
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Karstadt Is Now In The Black And Ready For A Sale
Mentioning high traffic and good results during the Christmas selling season, Karstadt announced this week a major “Sparstadt” campaign (spar is German for saving) for its end-of-season sales, backed for the first time by TV advertising. Discounts of 30 percent are being granted on Adidas and Nike products as well ...
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Jd Buys More Chunks Of Canterbury
JD Sports has paid £1.6 million (€1.8m-$2.6m) to buy 100 percent of Canterbury International Australia and 51 percent of Canterbury of New Zealand. The cost includes £1.4 million (€1.6m-$2.2m) worth of assumed debt. JD bought the insolvent Canterbury Europe last August for £6.5 million (€7.2m-$10.4m). The British sporting goods ...
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New European Logistic Hub For Oxylane
Oxylane Group, parent company of Décathlon, inaugurated a new continental distribution center last month in the Delta 3 business park of Dourges, not far from its head office near Lille. The new hub, which has required an investment of €42 million, will centralize all the logistic functions of the group ...
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Nevada Bob’S Teams Up With Elverys In Ireland
Nevada Bob’s, the international golf retailing franchise, is set for rapid expansion in the Republic of Ireland following a deal with Elverys, the leading Irish sports retailer, which could be replicated in other European countries. The licensing deal will see the opening of two stand-alone Nevada Bob’s stores by Elverys ...
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Conte Of Florence Is Growing
The Italian sportswear company Conte of Florence expected to close 2009 with a slight increase in sales to €42 million from €40.3 million a year earlier. Sales and orders were partially supported by a reorganization of the group’s network of mono-brand stores. Orders from the group’s single-brand stores for ...
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Big Fall-out From Tiger Woods Scandal
While Nike is hanging on, AT&T has joined other companies in dropping the multi-year sponsorship agreement it signed last year with Tiger Woods. While they are obvious, the American telecom conglomerate did not cite reasons for the decision, but said it wished the golfer well. Its logo will no longer ...
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Big Market Growth In Norway
The Norwegian sporting goods market continued to grow strongly in the third quarter of 2009. It rose by 8.5 percent in the three months through last September, after an increase of 11.1 percent for the first six months of the year, according to the quarterly surveys of major retailers conducted ...
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Americans And Europeans Wear Different Athletic Shoes
NPD Group has conducted a study into what kind of athletic shoes are most popular in different regions and countries, and concluded that Americans are far more likely to wear white “on court” sports shoes with white socks than Europeans. Europeans tend to go for dark-colored athletic shoes with dark ...
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Epsi, A New European Platform For Collaboration In Sports Innovation
Innovation is one of the most important competitive tools that can determine the degree of success in the sporting goods sector. Companies operating in our industry are now invited to examine new opportunities to interact among themselves and various universities and laboratories all over the European Union on collective pre-competitive ...
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New Swiss Running Shoe Tops The List Of The Ispo Brandnew Awards
On Sports, a new Swiss company, has won the overall Ispo BrandNew award for its innovative running shoes. Their construction, with three-dimensional cushioning, enables the shoes to absorb vertical shocks as well as horizontal pressure waves. Called CloudTec, this system was invented by a Swiss engineer, together with Olivier ...
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Klaus Dittrich Replaces ‘Wutzi’ At Helm Of Messe München
Klaus Dittrich is officially taking over the top post at Messe München, the Bavarian state-controlled company that organizes Ispo, Golf Europe and many other successful trade shows. Dittrich, who has been with the company since 2002, takes over the responsibility of chief executive from Manfred Wultzlhofer, who has reached the ...
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Numerous Benefits For Active Seniors
A medical report published by the American Medical Association has confirmed that staying active keep you young. In a recent issue of its bi-monthly Archives of Internal Medicine, it reported the results of a revealing study of almost 1,900 people born in 1920 or 1921 who were studied over a ...
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The Anti-dumping Suspense Continues In Brussels
Meeting in a technical committee of the European Council, a majority of 14 out of the 27 member governments of the European Union supported yesterday the European Commission’s proposal to keep the current anti-dumping duties on non-athletic leather shoes imported from China and Vietnam for another 15 months, but opponents ...
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Lower Sales And New Boss For Jjb
JJB Sports reported yesterday a big drop in its revenues for the 20 weeks ended last Dec. 13, but indicated some improvement in margins and inventory levels. The announcement followed notification by JD Sports Fashion last Dec. 9 that it has sold its remaining 9.99 percent stake in JJB and ...
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Nice Growth At Sports Direct
Sales rose by 10 percent in the first half of Sports Direct International’s fiscal year, increasing to £756.9 million (€850.5m-$1,219.9m) during the 26-week period, which ended on Oct. 25. The company said that revenues got a boost from 5 to 6 percent more selling space in its stores. Despite the ...
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Sports Direct Buys A Golf Retailer
Sports Direct International (SDI), the leading British sports retailer, has acquired a minority stake in European Golf, a UK golf specialist, which will be handling the golf department of Sports Direct stores in the UK from next year. European Golf is a network of five stand-alone stores in England, ...
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Jjb’S Former Owner Develops His Retail Operations
A pack of former JJB Sports executives has switched to DW Sports Fitness, the retail banner launched by David Whelan for the stores attached to the 50 fitness centers that he acquired from the ailing sports retailer earlier this year. Whelan has entirely revamped these outlets and intends to ...
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Intersport Grows In Germany And Switzerland
ntersport Germany estimates that its retailers will reach a turnover at €2.57 billion this year. This figure is preliminary based on the headquarters’ figures by end of November. The result would correspond to an increase of 5 percent. Although we use a different definition of the market, Intersport estimates that ...
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Nike Sees Orders Stabilizing
Nike executives displayed an upbeat mood this week as the company’s orders stabilized in the second quarter of its fiscal year. At the end of November, orders for the Nike brand had increased by 4 percent compared with the same period last year, although they still slid by 1 percent ...
