News Briefs – Page 359
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News briefs
Sports Direct International has reported on new share buybacks twice...
Sports Direct International has reported on new share buybacks twice in the last few days. They have raised the number of shares held in treasury to 117,209,901 as of Oct. 2, out of a total of 523,392,468 ordinary shares, which is equal to the number of voting rights.
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News briefs
While sharpening its focus on luxury goods, Kering has continued...
While sharpening its focus on luxury goods, Kering has continued to reduce its stake in Puma, which it bought over a decade ago. The owner of fashion brands Gucci and Yves Saint-Laurent has issued a €500 million bond that holders can exchange for Kering's shares in Puma at maturity, allowing ...
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News briefs
Head International has started construction of its new ski plant...
Head International has started construction of its new ski plant in the Vinnitsia Oblast of Ukraine, the regional administration said in a statement on its website on Sept. 13. The new plant is slated to begin operation in 2021. Head said last year that it had chosen Ukraine over other ...
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News briefs
Dorel Industries of Montreal, owner of cycling brands such as...
Dorel Industries of Montreal, owner of cycling brands such as Cannondale, GT and Schwinn as well as brands in other sectors, has suspended the planned payment of its dividend and seen a significant decline in its market capitalization. From Sept. 30 to Oct. 2, its B-class shares dropped by 32 ...
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News briefs
Puma is reorganizing the business structure of Austria Puma Dassler,...
Puma is reorganizing the business structure of Austria Puma Dassler, the head office for Eastern Europe, the Middle East and Africa, located in Salzburg, Austria. The new structure will take effect on Jan. 1, 2020. Austria Puma Dassler has been handling all purchasing for Puma's subsidiaries in the three regions, ...
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News briefs
Columbia Sportswear has purchased three buildings from Electro Scientific Industries...
Columbia Sportswear has purchased three buildings from Electro Scientific Industries (ESI), a firm specialized in laser applications. All lie within a quarter-mile of Columbia's current headquarters in Washington County, Oregon, and will expand it. The additional 200,000 square feet of space are costing about $33 million. The first building should ...
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News briefs
Intersport Spain has announced the appointment of Xavier Alomar as...
Intersport Spain has announced the appointment of Xavier Alomar as its new managing director, indicating that it is intended to better implement its omni-channel development strategy. He will replace Paxti Fernandez, who has held the role since 2016. Alomar, who joined the board of directors of the Spanish buying group ...
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News briefs
Asics has promoted Thomas Irle to commercial director for Germany,...
Asics has promoted Thomas Irle to commercial director for Germany, Austria, Poland and other markets in Eastern Europe. Irle has been with the Japanese footwear and sporting-goods company since mid-2013 and was most recently a sales director in charge of the online wholesale business. He has also led the online-only ...
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News briefs
Jens Werner is stepping down as creative director of J....
Jens Werner is stepping down as creative director of J. Lindeberg after not quite two years. The post was created for him in December 2017 and included oversight of the Swedish brand's fashion and sports sections. At the time, Werner was a director of design at the company, working on ...
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News briefs
Jussi Ristimäki has unexpectedly resigned as president and chief executive...
Jussi Ristimäki has unexpectedly resigned as president and chief executive of Rapala VMC, the Finnish maker of fishing tackle. Louis d'Alançon, chairman of the Finnish-based group, has assumed the post pending the search for a permanent successor. Ristimäki had been leading a recovery plan and was purportedly making progress toward ...
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News briefs
As Angling International reported via Facebook on Sept. 24, Grant...
As Angling International reported via Facebook on Sept. 24, Grant Ottignon-Harris, managing director of Pure Fishing for Europe, the Middle East and Asia (EMEA), has left the company and been replaced by Kjell Clefjord. Ottignon-Harris spent nine years with the world's largest manufacturer of fishing tackle, originally as regional director ...
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News briefs
A former professional snowboarder, David Pitschi, has joined the Nidecker...
A former professional snowboarder, David Pitschi, has joined the Nidecker Group as brand manager for its Yes snowboards subsidiary. He will be working with one of the brand's ambassadors, Alex Warburton, and with its owners, David Carrier-Porcheron, Romain de Marchi and Jan Petter Solberg. Warburton will be retaining the post ...
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News briefs
Salming Sports has promoted Joakim Sandin to chief executive. He...
Salming Sports has promoted Joakim Sandin to chief executive. He has been with the Swedish producer of sporting goods since 2013, most recently as manager of international sales, communication and the running segment. Salming is rebranding itself entirely and has set up a new marketing department under Marcus Waltilla, who ...
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News briefs
Tenson has hired Fredrik Abrahamsson to oversee the company's sales...
Tenson has hired Fredrik Abrahamsson to oversee the company's sales and marketing efforts to reboot and rejuvenate the 70-year-old outdoor fashion brand. Abrahamsson, who took on the role this month, co-founded a sports fashion and lifestyle brand, WearColour, in 2010 and held previous positions at Oakley, Burton, Hurley and Eastpak. ...
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News briefs
Anders Jönsson is leaving as chief executive of Puma Nordic...
Anders Jönsson is leaving as chief executive of Puma Nordic after 30 years in various positions within the company, according to Sportfack. He is being succeeded by Miroslav Ryba, who most recently led Puma's business in Russia, Ukraine and Turkey. The information has recently been circulated internally at Puma by ...
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News briefs
Lacoste has promoted Marco Dippe to chief executive for Europe,...
Lacoste has promoted Marco Dippe to chief executive for Europe, the Middle East and Africa (EMEA) and global travel retail. He was previously CEO of Central and Northern Europe. Over the past three years, Dippe has been repositioning Lacoste in Europe. He helped consolidate the management of the German, Austrian, ...
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News briefs
Head/Tyrolia has promoted Cameron Smith to the position of U.S....
Head/Tyrolia has promoted Cameron Smith to the position of U.S. competition and team manager. Smith joined the company in 2017. In his new role, he will manage all relations with athletes, sponsorships and racing products for Head/Tyrolia USA.
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News briefs
Timo Perschke, the founder and chief executive of Pyua, left...
Timo Perschke, the founder and chief executive of Pyua, left the German company on Sept. 1. His departure took place a few weeks after some of the company's retail partners expressed concerns about the planned sale of its products on the web store of Tchibo, a Hamburg-based retail chain known ...
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News briefs
The Brazilian subsidiary of VF Corporation has signed a contract...
The Brazilian subsidiary of VF Corporation has signed a contract that will let Arezzo & Co. take over distribution of Vans in the country for at least five years, opening mono-brand stores and handling sales to third parties. Arezzo, which is a major Brazilian shoe retailer trading on the stock ...
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News briefs
Burton Snowboards has reinforced its presence in Switzerland with the...
Burton Snowboards has reinforced its presence in Switzerland with the opening two new stores and the appointment of a new country manager: Daniela Meyer, previously key account manager at Adidas Sport, who has taken over the position of Dan Fitzgerald, effective Oct. 1. The company already has a Burton Hub ...
