News Briefs – Page 410
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News briefs
Farfetch, the leading internet platform for the luxury goods industry,...
Farfetch, the leading internet platform for the luxury goods industry, has announced a definitive agreement for the acquisition of Stadium Goods, described as the biggest internet marketplace for new and used sneakers and streetwear, for an enterprise value of $250 million, payable in cash and shares. The move is a ...
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News briefs
Adidas has announced the completion of the first tranche of...
Adidas has announced the completion of the first tranche of a share buyback program, saying that it will give a total return to shareholders of more than €1.5 billion in 2018. The company bought back 5.1 million shares, corresponding to 2.5 percent of its equity, between March 22 and Dec. ...
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Sandro Parisotto, president of Calzaturificio Scarpa, his sister Cristina and...
Sandro Parisotto, president of Calzaturificio Scarpa, his sister Cristina and a cousin, Davide Parisotto, have taken over the shares of two other members of the Parisotto family in the Italian maker of ski mountaineering and outdoor shoes. The sellers are two cousins of Sandro, Andrea and Piero Parisotto. The terms ...
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Moody's has assigned a Ba3 credit rating and a speculative...
Moody's has assigned a Ba3 credit rating and a speculative grade liquidity rating of SGL-2 to the proposed $480 million senior secured term loan that Callaway Golf is set to use to finance its acquisition of Jack Wolfskin (see our previous issue). It has also assigned a corporate family rating ...
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A new Spanish firm, Help Snowboards, hit the market in...
A new Spanish firm, Help Snowboards, hit the market in October with a two-pronged strategy. First, it is aiming to keep prices low and quality high by eliminating retail distribution and selling direct to customers, exclusively through its website. Second, to deal with the issue of showrooming, where consumers try ...
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News briefs
Intersport International Corporation (IIC) has reported on the creation of...
Intersport International Corporation (IIC) has reported on the creation of a new position of global category director for lifestyle products. It will be filled by Marcus Albrecht, who comes from Zalando. He worked there for the past two years as head of sports, starting in sales and subsequently handling product ...
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News briefs
Like Intersport International Corp. (IIC), Intersport Germany is moving into...
Like Intersport International Corp. (IIC), Intersport Germany is moving into category management in all the five countries in which it operates under its recently appointed chief executive, Alexander von Preen. Starting on Jan. 1, the former sales function will be eliminated and replaced by the new category management and strategic ...
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News briefs
Adidas has appointed a new chief information officer, Fumbi Chima,...
Adidas has appointed a new chief information officer, Fumbi Chima, replacing Michael Vögele who has left the company at his own request. Reporting to Harm Ohlmeyer, chief financial officer, she will take responsibility for the IT department from Jan. 1. A native of Nigeria, Fumbi comes from the Fox Network ...
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News briefs
VF Corporation has appointed Stefano Saccone to run Vans' European...
VF Corporation has appointed Stefano Saccone to run Vans' European business in the position of vice president and general manager of the brand for Europe, the Middle East and Africa (EMEA), starting next April 1. One of his challenges will be to help the group to raise Vans' annual sales ...
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News briefs
Nike has announced that Heidi O'Neill, president of Nike Direct,...
Nike has announced that Heidi O'Neill, president of Nike Direct, will expand her current role as leader of Nike's physical retail stores and Nike.com to include also all Nike digital products, services and member experiences. The change has immediate effect. She will report to Elliott Hill, president of consumer and ...
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News briefs
Nike has appointed Tamika Curry Smith as vice president of...
Nike has appointed Tamika Curry Smith as vice president of diversity and inclusion, according to a report in Black Enterprise. She previously held similar roles at Mercedez-Benz USQA and at Target. The new executive is supposed to be taking the place of Antoine Andrews, who left the group in April.
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News briefs
According to the Wall Street Journal, Under Armour has fired...
According to the Wall Street Journal, Under Armour has fired Ryan Kuehl, senior vice president of global sports marketing, and Walker Jones, senior director of sports marketing. Both were part of the inner circle of Kevin Plank, the founder of the company. The company has made no comment, citing its ...
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Peter Ruppe, who recently left as Under Armour's senior vice...
Peter Ruppe, who recently left as Under Armour's senior vice president of footwear, is joining Columbia Sportswear to help double sales of Columbia branded shoes within three years, according to the Oregonian. Mark Nenow will continue to be in charge of Sorel, another brand of the group. Ruppe joined UA ...
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Thule has appointed Nis Gjendal as vice-president of global purchasing,...
Thule has appointed Nis Gjendal as vice-president of global purchasing, effective Jan. 7, 2019. Gjendal has more than ten years of experience in various management positions in the area of global purchasing, including the position of global vice-president of procurement and sourcing at Nilfisk. He also has experience in complex ...
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News briefs
Sole Technology has appointed Hans Dijs as its new EMEA...
Sole Technology has appointed Hans Dijs as its new EMEA sales manager for Etnies, Emerica and éS. He replaces Ban Janssenm, who is taking on the role of EMEA marketing manager for the three brands. Dijs is an industry veteran with specific expertise in skate and streetwear, retail and wholesale. ...
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News briefs
Jim Marson, senior product developer, will be retiring from Therm-a-Rest...
Jim Marson, senior product developer, will be retiring from Therm-a-Rest at the end of the year. He was hired in 1987 by Cascade Designs, the Seattle-based camping-gear company that owns the brand. Before his most recent post, Marson served as engineering technician, engineering designer, product development specialist and product developer ...
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News briefs
Tecnica Group has reorganized the operations of its Swiss subsidiary...
Tecnica Group has reorganized the operations of its Swiss subsidiary in connection with the retirement at the end of this year of its country manager, Ueli Schaub, after 27 years of work for Nordica and eight years as general manager of Tecnica Group Schweiz. Starting on Jan. 1, the managers ...
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News briefs
Fischer Sports has announced the immediate departure of Ryan Leach...
Fischer Sports has announced the immediate departure of Ryan Leach from his position of its U.S. subsidiary in Auburn, New Hampshire. Franz Föttinger, the company's global CEO, will supervise the existing team of division managers.
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Fischer Sports has signed a distribution agreement with Vauthi Speed...
Fischer Sports has signed a distribution agreement with Vauthi Speed Oy, one of Finland's leading manufacturers of ski wax. Fischer will add Vauhti's products to its own portfolio and sell them in Austria, Germany, Switzerland, France and Russia. The distribution via Fischer will start in the coming autumn. The two companies began ...
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News briefs
Primaloft has appointed Tanja Ederer, 25, to be its European...
Primaloft has appointed Tanja Ederer, 25, to be its European trade marketing assistant. Working out of the company's European headquarters in Taufkirchen, Germany, Ederer will be in charge of retail marketing: setting up trade fairs, POS activations and the Primaloft Training Tour. She will also handle the Banff Mountain Film ...
