News Briefs – Page 339
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News briefs
Hummel acquires two Danish sports brands
Hummel has acquired two other Danish sports brands, Halo and Newline, from Performance Group Scandinavia. The purchase price has not been disclosed. Founded in 1981 by a parachutist and pentathlon athlete, Helge Petersen, Newline specializes in running and cycling apparel, complemented by running shoes since 2011. Halo is a recent ...
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News briefs
VF Corp. exploring workwear divestments
VF Corp. is exploring options for divestments in its occupational workwear segment. The nine brands under review are Red Kap, VF Solutions, Bulwark, Workrite, Walls, Terra, Kodiak, Work Authority and Horace Small. Dickies and Timberland Pro are excluded. For VF’s chairman, president and chief executive, Steve Rendle, “divesting these brands ...
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News briefs
Trisport, which has been the exclusive importer of Kettler in...
Trisport, which has been the exclusive importer of Kettler in Switzerland for 40 years, has reportedly acquired the fitness equipment patents of the insolvent German brand and the trademark rights for its distribution in Europe. Kettler's holding company will keep the rights for the brand's tennis tables. Trisport will show ...
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Sport 24, the third-largest sporting goods retailer in Denmark, which...
Sport 24, the third-largest sporting goods retailer in Denmark, which has been growing fast, has moved to a new 3,200-square-meter headquarters in Jutland. Henrik Bruun, the founder, has used his own money to build an attractive, modern building to handle all functions for the chain's six divisions. There is also ...
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News briefs
In the summer of 2019, Zalando completed the construction of...
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
Adidas has announced the start of the third tranche of...
Adidas has announced the start of the third tranche of its multi-year share buyback program, which calls for the purchase of up to €3.0 billion worth of its own shares between March 2018 and May 2021. It is planning to purchase own shares worth up to €1.0 billion in 2020. ...
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News briefs
Bluestar Alliance, the new owner of Hurley, is moving quickly...
Bluestar Alliance, the new owner of Hurley, is moving quickly to turn Nike's former action sports brand into a licensed operation. According to ShopEatSurf, it has signed contracts for the U.S. with companies specializing in men's clothing, women's clothing and swimwear. The licensees will rehire some or all of Hurley's ...
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News briefs
Lululemon Athletica has appointed Nikki Neuburger to the new post...
Lululemon Athletica has appointed Nikki Neuburger to the new post of chief brand officer. Neuburger is a former global vice-president for Nike Running. She spent 14 years at Nike and has worked at Uber for the last two years. Her appointment takes effect on Jan. 20. Her international experience should ...
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News briefs
Boardriders confirms a report in fashionnetwork.com that its general manager...
Boardriders confirms a report in fashionnetwork.com that its general manager for wholesale in Europe, the Middle East and Africa, Jean-Louis Rodrigues, is leaving the group. The former European sales manager of the Billabong International group was elected last summer as the new president of Eurosima, the European association of boardsports ...
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News briefs
David Conn, a brand executive of 25 years' experience with...
David Conn, a brand executive of 25 years' experience with a huge curriculum, is the new director and chief executive of Sequential Brands Group. He is replacing Chad Wagenheim, president, who took charge temporarily in October of last year. Wagenheim will now be working in partnership with Conn. Conn was ...
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News briefs
Joakim Sandin, the new chief executive of Salming Sports, has...
Joakim Sandin, the new chief executive of Salming Sports, has appointed a new chief designer, Björn Bengtsson, according to Sportfack. He has worked for companies such as Craft, Team Sportia, Marc O'Polo and Sail Racing. Early last year, Tomas Solin, the Swedish company's former CEO, and Thomas Nord, creative director ...
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News briefs
VF Corp. has announced the appointment of Gloria Schoch as...
VF Corp. has announced the appointment of Gloria Schoch as director of VF Foundation & global impact. The VF Foundation is the private grant-making organization funded by VF Corp. In her new role, Schoch will lead the foundation’s support of non-profit organizations that promote sustainable and active lifestyles, as well ...
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News briefs
Reef Lifestyle, the premium surf brand recently divested by VF...
Reef Lifestyle, the premium surf brand recently divested by VF Corp., has established partnerships to transfer the distribution of its footwear to specialists in Europe, the Middle East and Africa (EMEA). The distributors include Brandfusion Holland (Netherlands, Belgium and Luxembourg), Quality Brands (Germany, Austria, Switzerland and France), Georgoudas OE (Greece), ...
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News briefs
In order to position the brand more clearly in Scandinavia,...
In order to position the brand more clearly in Scandinavia, Hummel has opened an office and showroom in Askim outside Gothenburg, run by a Swedish country manager, Rikard Björk, says Sportfack. The Danish sports brand was previously using an agent for Sweden. The new subsidiary is expected to establish Hummel ...
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News briefs
Giant Ibérica struck a collaboration agreement with Giant France in...
Giant Ibérica struck a collaboration agreement with Giant France in late December and, with the turn of the new year, has begun operating through the latter subsidiary. The agreement covers marketing, sales, logistics and product development. The cycling brand is thereby consolidating its largest market worldwide. France, Spain, Portugal and ...
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News briefs
Operating entirely within Spain, Sprinter has become the top banner...
Operating entirely within Spain, Sprinter has become the top banner of the Iberian Sports Retail Group, a joint venture between JD Sprinter and Sport Zone that is now entering its third year of operation. Store totals per banner have changed significantly over this time. At present, however, the group counts ...
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News briefs
In a trading update, JD Sports Fashion said its comparable...
In a trading update, JD Sports Fashion said its comparable store sales showed in increase during the Christmas selling season at its sports stores, particularly in its increasingly significant operations outside the U.K. The company confirmed expectations that its headline pre-tax earnings for the year ending on Feb. 1 will ...
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News briefs
Sport 2000 Austria reports on a 4 percent increase in...
Sport 2000 Austria reports on a 4 percent increase in sales at its 235 affiliated stores during the Christmas season. Ski equipment and clothing, also for children, were in high demand, and ski touring is still very popular. More sales are expected after Christmas as several customers will be redeeming ...
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News briefs
Tradeinn was expecting to close out 2019 with about €150...
Tradeinn was expecting to close out 2019 with about €150 million in sales. The Spanish online retailer of sporting goods has instead achieved €188 million, for a leap of 40 percent from the previous year. According to the founder, David Martín, the group was already looking past its stated target ...
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News briefs
According to an annual report from Observatorio Cetelem, sporting goods...
According to an annual report from Observatorio Cetelem, sporting goods emerged as the Spanish sector with the most total customers and the greatest percentage growth in 2019. All sectors but one (leisure items) saw growth last year, but the percentage of Spanish consumers purchasing sporting goods climbed seven points to ...
