News Briefs – Page 390
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News briefs
The takeover of Amer Sports by the Mascot Bidco consortium...
The takeover of Amer Sports by the Mascot Bidco consortium headed up by Anta Sports Products is making progress. Mascot Bidco has struck a seven-year inter-company financing agreement for €1,236 million involving a term loan of about €921 million for the refinancing of existing debts and a revolving credit facility ...
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News briefs
Descente, the Japanese sportswear company, has fended off a hostile...
Descente, the Japanese sportswear company, has fended off a hostile takeover from its largest shareholder, the Japanese conglomerate Itochu. As per a new power-sharing agreement, Descente's board of directors will be reconstituted, with Descente and Itochu each appointing two directors from within their ranks and confirming two independent directors from ...
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Hype Sports Innovation, the sports-industry incubator, is launching Hype Capital,...
Hype Sports Innovation, the sports-industry incubator, is launching Hype Capital, a $75 million investment fund for sports-industry “unicorns,” or start-ups valued at over $1 billion, especially those with a focus on artificial intelligence, virtual reality and performance analytics. Two veterans of Adidas are taking part in the project. One is ...
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News briefs
Garmin has completed the acquisition of Tacx Onroerend en Roerend...
Garmin has completed the acquisition of Tacx Onroerend en Roerend Goed. The Dutch company develops and makes indoor bike training software and applications as well as indoor bike trainers, tools and accessories.
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News briefs
Lacoste has announced a plan to expand its current logistics...
Lacoste has announced a plan to expand its current logistics center in Troyes, in north-central France, to make it its future European logistics hub. A new building, called NEW – the acronym for New European Warehouse – will bring the area of the logistics platform up from the current 18,000 ...
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News briefs
This month, four managers will be joining the sales team...
This month, four managers will be joining the sales team at Bianchi, the Italian bicycle manufacturer. They are Michael Wilpert, the new export manager; Zoe Wang, the new area manager for Asia-Pacific; Diego Caccia, the new area manager for Italy; and Federico Zanet, the new manager of key customer accounts. ...
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News briefs
Nixon, the American brand of watches and accessories, has appointed...
Nixon, the American brand of watches and accessories, has appointed Tom “TK” Kattus to the post of global brand sales director for Adidas Watches. Kattus has just spent ten years as general manager and chief operating officer at Campagnolo North America, the manufacturer of bicycle components. Before that he was ...
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News briefs
Boardriders, the mother company of Quiksilver, Roxy, Billabong and other...
Boardriders, the mother company of Quiksilver, Roxy, Billabong and other brands, has announced the departure of Thomas Chambolle, who is currently responsible for the EMEA region. Chambolle was appointed after the tragic disappearance of Pierre Agnès, Quiksilver's chief executive, who was lost at sea on Jan. 30, 2018. Greg Healy, ...
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News briefs
Unifi has announced that Kevin Hall has stepped down as...
Unifi has announced that Kevin Hall has stepped down as chief executive and company director. Albert Carey has been named as the new executive chairman of the U.S. yarn manufacturer, effective April 1, while Thomas Caudle is the new principal executive officer, with immediate effect.
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News briefs
Columbia Sportswear has elected Kevin Mansell to serve as a...
Columbia Sportswear has elected Kevin Mansell to serve as a director and a member of its nominating and corporate governance and audit committees. Mansell began serving in that capacity on March 25 and will be standing for election to full-term board membership at this year's annual shareholders' meeting. Ed George, ...
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News briefs
Storm Care Solutions of the U.K., which produces aftermarket waterproofing...
Storm Care Solutions of the U.K., which produces aftermarket waterproofing and cleaning fluids, has appointed Lauren Kirk to the post of export sales manager. The appointment follows a company-wide rebranding and recent distribution deals for Germany, Austria, the Benelux countries, Chile and the U.S. Kirk's experience includes posts at Terra ...
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News briefs
Karstadt Sports is ending its cooperation with Intersport, which was...
Karstadt Sports is ending its cooperation with Intersport, which was only established in January 2018. This step is a consequence of the merger of Karstadt and Kaufhof and a plan to convert some stores of the less successful outlet chain Saks Off 5th into additional sports stores. With the larger ...
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News briefs
Decathlon has launched its own brand for cross-country skiing, called...
Decathlon has launched its own brand for cross-country skiing, called Inovik. The French sports retailer's house brands already cover both traditional cross-country skiing and skate skiing. Back-country skiing is set to follow in the winter 2019/20 season and a biathlon line in 2021. The novelty for the current season is ...
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News briefs
Decathlon has chosen TrainMe as a partner for Decathlon Activités,...
Decathlon has chosen TrainMe as a partner for Decathlon Activités, a digital tool designed to list sporting activities across France, from sports clubs to associations, sports coaches and more, allowing users to register for these activities. TrainMe, launched in 2015 by Gatien Letartre and Anatole Saby, is a web and ...
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News briefs
On April 1, XXL Sports & Outdoor opened a new,...
On April 1, XXL Sports & Outdoor opened a new, 4,000-square-meter flagship store in the Gerngross department store in downtown Vienna, the fifth branch of the Norwegian chain in Austria. In addition to the new Vienna store, XXL Sports is already represented in Vösendorf, the Donau-Zentrum in Vienna, Linz, and ...
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News briefs
The Austrian sports retail chain Hervis announced further expansion in...
The Austrian sports retail chain Hervis announced further expansion in Austria, Germany and Romania. On April 8, a new branch opened in Kempten, Germany; six branch openings are scheduled for Romania; and the stores in Austria are being expanded and converted. In Austria and Germany, the company reported a substantial ...
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News briefs
Canada Goose is opening six stores in the autumn/winter of...
Canada Goose is opening six stores in the autumn/winter of 2019: two in Europe, one in the U.S. and three in Canada. The European stores will be located in Milan's Fashion District and on the Rue Saint-Honoré in Paris. The American store, at the Mall of America in Minneapolis, will ...
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News briefs
The National Basketball Association (NBA) has opened its largest store...
The National Basketball Association (NBA) has opened its largest store outside North America. Located at the Intime Mall in Beijing, the store has a floor space of 1,145 square meters. It is operated by Topsports, China's largest retailer of sporting goods and a wholly owned subsidiary of Belle International Holding, ...
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News briefs
Nike is the most searched for brand of sneakers in...
Nike is the most searched for brand of sneakers in Italy, followed by Balenciaga, according to a recent ranking by Lyst, the global fashion search engine. Nike emerged as the most searched sneaker brand in seven Italian regions out of 20, thanks to its Air Vapormax, Air Max 97, Air ...
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News briefs
Columbia inaugurated a new store in London's iconic Carnaby Street...
Columbia inaugurated a new store in London's iconic Carnaby Street on March 28 to sell a full collection of premium apparel, footwear and accessories. The 230-square-meter store will host a dedicated launch event on April 6, with more in-store events scheduled to take place throughout the summer.
