Latest Headlines – Page 387
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Golf’Us Expands In Spain
Golf’us, the big Italian-based specialist golf retailer that also operates in France and Germany, has signed an agreement under which it will take care of the pro shops in the 14 Spanish golf courses run by Aymerich Golf Management. They will all be called Golf ‘us.This will raise to 20 ...
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Rossignol Reduces Job Cuts In France
The Rossignol Group has announced that it has reached a final compromise with the unions representing its employees in France that will result in only 232 layoffs, fewer than the 275 job eliminations that had been previously planned. The discussions are still going on with the representatives of the group’s ...
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Besson Is In Liquidation
Besson Sportswear is the new company that was set up in Vienna last year by an Austrian investment fund, Capexit, to take over the former Anzi Besson brand of skiwear and to develop it further internationally. A liquidator has been appointed to sell off the company’s assets, including the Besson ...
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Dainese Links Up With Shimano For Cycling
Dainese, the Italian leader in protection for winter sports and motorcycling, has struck a deal with Shimano for the exclusive distribution of its growing line of cycling products in countries where the Japanese specialist in bike accessories has a direct presence. Effective immediately, Shimano will sell the line in Belgium, ...
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Burton Houses Its Surf And Skate Operations In France
Burton Snowboards Europe is setting up a new office for its Analog and Gravis brands at Hossegor, the European surf mecca on the Basque Coast. It’s located close to the workshop of Channel Islands, a surf shaper acquired by Burton in 2006. The move is intended to boost the market ...
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Rip Curl Teams Up With Operalp In Italy
In four years, Rip Curl’s Italian sales subsidiary has managed to raise its annual sales from €2 million to €5 million with a total staff of three people including its country manager, Riccardo Calderoni. Instead of investing heavily to get to the next step, it has decided to hand over ...
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Big Reorganization In The Italian Fitness Market
Two of the major suppliers of home fitness equipment on the Italian market, Icon Health & Fitness and Fassi Sport, are reducing their operating expenses because of reduced volumes and margins.Icon is about to announce its decision to shut down its Italian office in Perugia, which employs about 10 people, ...
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More Hassle Over Hi-tec Swimsuits
It will certainly continue during the World Swim Championships starting in Rome on July 26. Reserving the right to again revise the guidelines at the end of this year, the international swimming competition authority, Fina, triggered additional criticism from swimmers and their suppliers after its decision on June 22 to ...
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Arena Launches Its Shops
The first of a new series of 25 Arena Shops due to be opened in Italy, France and Germany in the next three years will be unveiled this coming weekend in a shopping mall in Rome, La Romanina, on the eve of the World Swimming Championships due to be held ...
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Freddy Is Eyeing The U.S. Market, Too
Freddy, the Italian leader in dance and fitness clothing, is going to launch a new licensed line of fitness apparel called Fame in Europe and Japan next autumn under a deal with MGM, which is then going to put out a new edition of the famous movie. Parts of the ...
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Nba Has Opened New Offices In Europe
The National Basketball Association of the U.S. has opened new offices in the last few months in Milan, Madrid and Istanbul to help promote the game and the merchandising of its own licensed products. It has also appointed a regional director for the Middle East, Aly El Hamamry, who is ...
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Italy’S New Bike Incentives Likely To Start In September
The Italian government’s new incentive plan to boost the purchase of bicycles, electrical bikes and motorbikes will probably start in September and will be less generous than a previous one. On Tuesday, the environment ministry signed the agreement with the trade association ANCMA, representing manufacturers of bicycles and motorbikes, to ...
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Anta Takes Olympic Deal From Adidas
In a new four-year deal, Anta is the new exclusive supplier for the Chinese Olympic teams for 2010 and 2012. The $17.5 million deal includes other competitions as well, such as the Summer and Winter Youth Games, the Asian Games and the East Asian Games. Anta replaces Adidas as the ...
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New Management As Pou Sheng Profit Drops; Yue Yuen Stable
David Tsai is replacing Liu Wen Xin as chief executive of Pou Sheng on an interim basis while the company looks for a permanent replacement. Liu has been named general manager of the Chinese company’s retail operations. This major wholesaler and retailer of athletic footwear is forming an executive committee ...
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News And Winners From Fishing Tackle Trade Show
Quoting some of its German members, the European Fishing Tackle Trade Association (EFTTA) said that they are holding their own in the country’s difficult economy. Dieter Willenbruch, the marketing director of Fisherman’s Partner and a shareholder in Daiwa Cormoran, said the recreational and sport fishing market seems to be six ...
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Geox’ Controlling Shareholder Is Set To Take Over Diadora
Geox announced yesterday that its founder, chairman and controlling shareholder, Mario Moretti Polegato, has been chosen as the preferred bidder for the embattled sportswear group Diadora, which is owned by Marquis Gianluca Spinola.Polegato made an offer through LIR, a holding company that he owns with his son Enrico. LIR already ...
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New Sport 2000 Licensees In Bulgaria And Latvia
While looking at some other markets, Sport 2000 International has entered Bulgaria and restructured its presence in Latvia. The partner in Bulgaria is Sport Depot, a rather dynamic wholesaler and retailer that will become the exclusive franchisee of Sport 2000 in the country next month. Sport Depot is planning to ...
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Kooga Is Cutting Back As Jjb Considers Its Sale
Kooga, the British rugby apparel brand, has started to lay off staff and to cut back on marketing expenses due to acute market pressure in the United Kingdom. JJB, the British retailer that acquired 48 percent of Kooga two years ago, has apparently opened talks to sell off this stake, ...
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Big Bonus Possible For Sports Direct Employees
Mike Ashley, the owner of Sports Direct, is reported to be considering a bonus scheme for his 2,000 employees at the retail chain that would give each one an average of £25,000 (€29,560-$40,910) worth of free shares. The £50 million (€59.1m-$81.8m) plan would go into effect if the company meets ...
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Amer Revises Guidance And Reorganizes Top Management
Amer Sports has revised its guidance for the current fiscal year, now saying that the global economic slump will lower its operating profit compared with last year, unless market conditions improve materially over the balance of 2009. In February it had said it expected an improvement, thanks especially to better ...
