News Briefs – Page 338
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News briefs
Progression Brands Group is Movement's new distributor
Movement, the Swiss freeski company, has teamed up with an American equity and investment firm, Progression Brands Group, as their new distributor to relaunch the brand in North America at the Outdoor Retailer Snow Show, scheduled to begin on Jan. 29 in Denver. Movement is offering a diverse range of ...
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News briefs
Zimstern launching apparel collection for skiers and snowboarders
Zimtstern, the German-based action sports brand, is launching a new apparel collection for skiers and snowboarders and has recently expanded its sales team. The former Swiss boardsports brand – once a part of Sports Pool, the Swiss company behind the Belowzero brand of ski and snowboard apparel – withdrew from ...
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News briefs
Hunter Boots has chosen Socrep as its distributor in Italy
Hunter Boots has chosen Socrep as its distributor in Italy, starting in January. Founded in 1963 by Franco Prinoth, Socrep is based at Ortisei in the Italian Dolomites. It distributes the fashion brands Canada Goose, Fred Perry Lavenham and Orlebar Brown. It also distributes several mountain equipment brands, including Alpina, ...
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News briefs
MD Viper taking charge of Rock Experience's Spanish distribution
MD Viper is taking charge of the distribution in Spain for Rock Experience, the Italian brand of sustainable outdoor apparel. Over the past few seasons, the company has begun to blend its technical fibers with a kind of merino wool (Aqa Wool 2) to improve the handling of moisture, odor ...
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News briefs
Megasport to take charge of Lowa's Iberian distribution
This summer, Megasport will be taking charge of the distribution of Lowa throughout the Iberian Peninsula, following the bankruptcy last October of the German brand’s former long-time Spanish distributor, Gregal Sport. Megasport’s brand portfolio includes Haglöfs, Black Diamond, Rossignol, Spyder, Peak Performance, Briko, Protest, Dynastar, Lange and Giro.
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News briefs
UA reassessing its wholesale and direct-to-consumer strategy in Russia
Under Armour is reassessing its wholesale and direct-to-consumer strategy in Russia, where it intends to be an active player, following the liquidation of Vostokinvest, with which it signed a non-exclusive distribution and franchising agreement in 2017. By the end of 2018, the company had opened 16 Under Armour stores in ...
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News briefs
Magnus Wedhammar leaves Sanuk
Magnus Wedhammar has left Sanuk. He had been the surf-inspired footwear brand’s general manager since July 2016, when it moved within California from Irvine to Goleta, the location of Deckers’ headquarters. Deckers purchased Sanuk – founded by Jeff Kelley in 1997 – for $120 million in cash in 2011. Before ...
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News briefs
Timberland’s global brand president resigns
Jim Pisani has resigned as global brand president of Timberland and is moving to the Midwest of the U.S. to be closer to his family. Martino Scabbia Guerrini, group president for EMEA at Timberland’s parent, VF Corp., will occupy Pisani’s post until a successor is found, working with Pisani to ...
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News briefs
Primaloft consolidates its sales management
To consolidate its North American, European and Asian sales under single management, Primaloft has expanded Chris Humphris’ purview as vice president of sales from the Americas to the world. Humphris has been dealing in sales at Primaloft for more than 20 years. He also spent 16 years with Concept III ...
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News briefs
Intersport Germany appoints new CFO
The supervisory board of Intersport Germany has appointed Thomas Storck, 51, as the new retail cooperative’s new chief financial officer. A graduate in business administration and information technology, he will take up his new position in May. After various management posts at companies such as Real SB-Warenhaus, Storck took over ...
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News briefs
Andreas Heep leaves Adidas
Andreas Heep, senior director of sales for fashion products in Central Europe at Adidas, has left the company at his own request, after working there for 22 years. He is said to want to follow new projects in the future. His successor is Philip Clas, who has been with the ...
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News briefs
Spartan Race acquires Tough Mudder’s U.K., Canadian and German events
Spartan Race, the global leader in obstacle course racing, recently announced the acquisition of Tough Mudder’s U.K., Canadian and German events. This is the first step in an effort to merge both obstacle course race leaders. Events in these countries will continue to be operated by the same team and ...
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News briefs
Anllian Capital is issuing convertible bonds
Anllian Capital – a special-purpose investment vehicle belonging to Anta Sports Products that directly or indirectly owns just over 59 percent of Amer Sports through the Mascot Bidco consortium – is issuing convertible bonds with a zero coupon worth €1 billion. Issued at a price 0.25 percent higher than the ...
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News briefs
Zalando completes construction of two buildings
In the summer of 2019, Zalando completed the construction of buildings X and O in Berlin. In April 2020, the e-commerce company will be starting the construction of another building (Z) in Friedrichshain, Berlin. The new building is expected to offer a flexible working environment, allowing employees to work individually ...
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News briefs
Oberalp to add sixth brand of mountain sports products
The Oberalp Group, which owns Salewa and other brands, indicated at its recent sales meeting that its “Brand House” is going to soon add a sixth brand of mountain sports products. Declining to provide any details at this stage, Ruth Oberrauch, brand manager and sustainability manager of the group, said ...
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News briefs
New Era Cap celebrates 100th anniversary
New Era Cap has announced that it will be celebrating the company’s 100th year anniversary with special collections, global partnerships, and an exhibition at the Buffalo History Museum. The company was founded in Buffalo, in the U.S. State of New York, as a headwear company by Ehrhardt Koch, the great ...
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News briefs
Ecco is setting up a new factory
Ecco is setting up a new factory that will employ 1,400 people in Vietnam, according to a Danish financial newspaper, Børsen. Quoting the Vietnam Economic Times, the report estimates the initial investment at $30 million. The factory is expected to be ready at the end of the year. Ecco already ...
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News briefs
Specialized loses French office in fire
Specialized lost its French office at Charmes-sur-Rhône to fire on Jan. 9. The cause remains unknown. The building was also the headquarters of an architectural firm. No one was killed. According to a local newspaper, Le Dauphiné, the French region of Ardèche will be providing financial aid to both firms. ...
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News briefs
Milliken to acquire Borchers Group
Milliken & Company, which operates in chemicals, consulting and training, floor coverings and textiles, has signed an agreement to acquire Borchers Group, a chemicals company in Westlake, Ohio, currently owned by the Jordan Company. The deal should close sometime this month, after clearing the customary hurdles. According to Milliken, Borchers’ ...
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News briefs
Philipp Plein is discontinuing Plein Sport
Philipp Plein, the German luxury fashion company, is discontinuing its dedicated sports line, Plein Sport. Instead, sports products will be integrated into the main collection in the future, with a potential especially for sneakers. The sports line was launched in 2016, with a plan to open around 50 stores within ...
