News Briefs – Page 398
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News briefs
Rossignol has pledged to stop using animal fur in its...
Rossignol has pledged to stop using animal fur in its outerwear and accessories. The Rossignol group owns 12 brands – including Rossignol, Dynastar and Lange – and sells them in more than 50 countries. According to Peta (People for the Ethical Treatment of Animals), a charity dedicated to establishing and ...
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News briefs
CLARIFICATION : At the request of the Spanish company Original Buff...
CLARIFICATION : At the request of the Spanish company Original Buff S.A., we inform readers that the headwear products we identified as “buffs” in the SGI Europe issue of Jan. 11 are not genuine Buff products. Original Buff S.A. insists that it is the only manufacturer of Buff branded headwear products. ...
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News briefs
Grupo SBF, the Brazilian retail group known mainly for its...
Grupo SBF, the Brazilian retail group known mainly for its chain of 180 Centauro stores, is trying to go public again, while local observers feel that the new government will help stimulate the economy, reducing taxes and opening up borders to imports. The company has announced an initial public offering ...
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News briefs
Descente's central executive committee has rejected a tender offer by...
Descente's central executive committee has rejected a tender offer by its largest shareholder, Itochu, which wanted to acquire an additional 9.56 percent stake in the company. Itochu is already the Japanese company's largest shareholder with a stake of 30.44 percent. Descente argued that Itochu wanted to focus on maximizing short-term ...
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News briefs
An affiliate of Garmin has signed a definitive agreement to...
An affiliate of Garmin has signed a definitive agreement to acquire all outstanding shares of Tacx Onroerend en Roerend Goed B.V., a Dutch company whose trade name is Tacx. The agreement is subject to regulatory approvals and closing conditions but should reach completion in the second quarter of this year. ...
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News briefs
Wolverine Worldwide has announced a 25 percent increase in the...
Wolverine Worldwide has announced a 25 percent increase in the quarterly dividend and a new $400 million share repurchase program for the next four years. It has also disclosed some details of a new credit agreement announced on Dec. 6, which involved a new term loan of $200 million and ...
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News briefs
Skechers India is transitioning to a wholly-owned subsidiary of Skechers...
Skechers India is transitioning to a wholly-owned subsidiary of Skechers USA following the purchase by Skechers USA of a 49 percent stake in its Indian joint venture from Future Group. The financial details of the transaction have not been disclosed. This development is meant to accelerate expansion and to build ...
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News briefs
NBC Sports Group and Rory McIlroy have announced the launch...
NBC Sports Group and Rory McIlroy have announced the launch of Golfpass, a direct-to-consumer subscription program offering a series of opportunities around golf. Paid membership gives access to exclusive content including a podcast hosted by McIlroy himself, training videos and 1,000 hours of library content from classic tournaments and behind-the-scenes ...
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News briefs
In 2020, Crocs will be relocating its headquarters from Niwot...
In 2020, Crocs will be relocating its headquarters from Niwot to Broomfield, another town in the same state of Colorado. This new building, which already stands, is more spacious, at 80,000 square feet, and more conveniently located, near the growing commercial corridor of Route 36, which passes through both Boulder ...
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News briefs
On Feb. 1, Armin Landgraf became chief operating officer at...
On Feb. 1, Armin Landgraf became chief operating officer at Germany's Canyon Bicycles. He has also become the third member of the Canyon's management board, alongside Roman Arnold, founder and chief executive, and Lothar Arnold, chief financial officer. Until last year, Landgraf was the chief executive of Pon Bike, the ...
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News briefs
Some media reported in the last few weeks that Antoine...
Some media reported in the last few weeks that Antoine Sathicq, formerly with Adidas, Le Coq Sportif and Odlo, has been appointed chief sales officer of Babolat, where he would be taking the place of Giovanni Pietra, who left the post several months ago. That's what his LinkedIn profile says, ...
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News briefs
Accell Group has appointed Jasper Sundh as new regional director...
Accell Group has appointed Jasper Sundh as new regional director for the Nordics region, one of the six key regions of the group, together with Benelux, Southern Europe, U.K. & Ireland, DACH countries, and North America. Sundh, 51, has several years of experience in sales, marketing and omni-channel strategy implementation. ...
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News briefs
Puma and Zalando are intensifying their cooperation. The sportswear company's...
Puma and Zalando are intensifying their cooperation. The sportswear company's new women's training collection will be exclusively available at Zalando in the coming two weeks. From the beginning of March, Puma will then also be selling the line in its own stores and its online shop. The collection includes tops, ...
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News briefs
Action Sports Sportartikel will be the new German and Austrian...
Action Sports Sportartikel will be the new German and Austrian distributor for Teva after next May. It's a major loss for the brand's current distributor, Tatonka, which has found a new distributor in the U.S. for one of its own brands, Tasmanian Tiger. More on this in The Outdoor Industry ...
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News briefs
Aicad, the owner of the Lizard brand of sports sandals,...
Aicad, the owner of the Lizard brand of sports sandals, has signed up the Scott Sports Group as its exclusive distributor outside Italy. After taking on the European license for Outdoor Research, and then acquiring Dolomite and re-launching the Powderhorn brand, the Swiss-based group has further expanded its presence in ...
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News briefs
At Ispo 2019 in Munich, Fischer Sports presented the new...
At Ispo 2019 in Munich, Fischer Sports presented the new collection of poles from One Way, a Finnish manufacturer of ski poles that Fischer acquired in summer 2018. Fischer has recently announced its ambition to make One Way the biggest supplier of ski poles worldwide. According to Fischer, the brand ...
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News briefs
Less than a year after closing its store in Reutlingen,...
Less than a year after closing its store in Reutlingen, SportScheck is also ceasing operation at its shop in the northern German town of Braunschweig. The 2,700-square-meter store will be shut down on March 23 after seven years of operation, the company said. Like other retailers, SportScheck is having to ...
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News briefs
Skechers reports the opening of its 3,000th store. With a...
Skechers reports the opening of its 3,000th store. With a surface of 3,000 square meters, it is its largest mono-brand store in the world. It is located in the Chinese city of Shenyang. The store has an entertainment area for children and a large assortment of branded clothing to complement ...
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News briefs
Rossignol has already opened its own stores in select ski...
Rossignol has already opened its own stores in select ski resorts as well as in Lyon, Paris, Oslo and, most recently, Aspen. The management told us that it is looking to open more locations in Europe and the U.S. as well as the first four Rossignol stores in China by ...
