News Briefs – Page 423
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News briefs
Started in Detroit just two years ago as a marketplace...
Started in Detroit just two years ago as a marketplace for second-hand sneakers, Stockx has secured $44 million from GV and Battery Ventures, with the stated purpose of expanding its business in international markets. Tech Crunch reports that the company has grown to more than $2 million in daily transactions ...
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News briefs
L-Gam Advisors, a company based in Luxembourg, has struck an...
L-Gam Advisors, a company based in Luxembourg, has struck an agreement to buy a majority stake in Woolrich International. The sellers are the Rich family, which owned the Woolrich brand, and WP Lavori in Corso, the brand's long-time licensee and distributor based in Italy that became the majority shareholder in ...
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Newell Brands is expected to complete the sale of Pure...
Newell Brands is expected to complete the sale of Pure Fishing within a month, said Angling International a few days ago, without mentioning the final candidate to the acquisition. Meanwhile, Newell announced its intention to retire about $1 billion in debt by using the proceeds of its most recent divestitures, ...
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Hestra has opened a new factory in Hai Phong, Vietnam....
Hestra has opened a new factory in Hai Phong, Vietnam. The factory will complement the manufacturing units already operated by the Swedish sports glove manufacturer in Hungary and China. The new Vietnamese factory is meant to respond to a high volume of orders. The company has invested 32 million Swedish ...
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News briefs
Swix Sport's warehouse just north of the Norwegian town of...
Swix Sport's warehouse just north of the Norwegian town of Lillehammer is only two years old, but it is being expanded by an additional 5,100 square meters. Construction is scheduled for completion by the summer 2019. The new warehouse will be fully automated as the result of an investment of ...
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News briefs
Canada Goose has announced that it will open a new...
Canada Goose has announced that it will open a new factory in Winnipeg, its third manufacturing facility in the capital of the Canadian province of Manitoba and the seventh wholly-owned factory for the company, adding to three in Toronto and one in Boisbriand, Quebec. It will be the brand's largest ...
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News briefs
Tina Rolén, former marketing director at Haglöfs, has joined VF...
Tina Rolén, former marketing director at Haglöfs, has joined VF Corp. to take the marketing lead at Vans in Europe, the Middle East and Africa (EMEA). Rolén has spent many years in the sports, outdoor and fashion industry, working with brands from Nike and Adidas to Mini Rodini and Haglöfs. ...
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News briefs
Lululemon has appointed a new chief product officer, Sun Choe,...
Lululemon has appointed a new chief product officer, Sun Choe, to replace Tara Poseley who left in October 2015. The company's creative director, Lee Holman, had taken on the responsibility on an interim basis until Choe joined the company in 2016 as president of global merchandising. She previously worked for ...
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News briefs
Louis Garneau, the Canadian cycling specialist, has appointed Martin Trudel...
Louis Garneau, the Canadian cycling specialist, has appointed Martin Trudel as executive leader of global sales and marketing. He will be responsible for the company's Garneau, Sugoi and Sombrio brands, and for overseeing new business development and opportunities. A 20-year veteran of the sporting goods industry, Trudel started to work ...
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News briefs
Niels de Lange has been appointed as sales manager for...
Niels de Lange has been appointed as sales manager for the bike division of Shimano Europe, based in Eindhoven, replacing René Veenbuizen who has become the managing director of Shimano Benelux. De Lange has been working with Shimano since 2007, most recently as senior OEM sales manager. Shimano Europe has ...
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News briefs
Puma is strengthening its corporate communications team with the appointment...
Puma is strengthening its corporate communications team with the appointment of Robert Jan Bartunek as senior manager of corporate communications. He will report to Kerstin Neuber, who was recently promoted to the position of senior head of communications following the departure of Ulf Santjer. Bartunek, 36, has worked as journalist ...
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News briefs
Hummel, the Danish sports brand, assigned Marcus Leykam to the...
Hummel, the Danish sports brand, assigned Marcus Leykam to the position as sales manager for sports, responsible for the German, Austrian and Swiss markets. The 43-year-old worked in the past 20 years in the team sports segment for various brands, most recently for Jako in Switzerland. At Hummel, he will ...
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News briefs
As reported in our previous issue, Knut Are Høgberg has been...
As reported in our previous issue, Knut Are Høgberg has been appointed to take over as new chief executive at Odlo. After his appointment, the Swiss outdoor brand presented a new executive management team consisting of him along with Adrian Schürmann, chief finance officer and Barbara Hösli, chief people officer. The ...
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News briefs
Jeremy Hale, former vice president for international development at Billabong,...
Jeremy Hale, former vice president for international development at Billabong, has been named president of an American brand of mountain lifestyle clothing, Mountain Khakis, otherwise known as MK. He is taking the place of Ross Saldarini, who founded the company 15 years ago. He has left, reportedly to pursue other ...
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News briefs
Fischer is no longer going to distribute Swix' products in...
Fischer is no longer going to distribute Swix' products in Russia, where it is particularly strong, after the upcoming winter season. The decision follows Fischer's recent acquisition of One Way Sport, the Finnish producer of ski poles. The Swix Sport Group will set up its own subsidiary in Russia, ODO ...
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News briefs
The Rossignol Group is taking full control of the distribution...
The Rossignol Group is taking full control of the distribution of its winter sports brands in Denmark, compensating the two wholesale distributors for the work that they have put into building up its brands in the country. One of them, Playground, was responsible for the Rossignol brand. The other one, ...
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News briefs
K2 Sports has signed up a new agency, Black Peak...
K2 Sports has signed up a new agency, Black Peak Trading, to cover the U.K. and Ireland for the K2, Ride, Line and Full Tilt brands. The respective lines were previously distributed by K2 UK, which was part of Pure Fishing and remained with its new parent company, Newell Brands. ...
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News briefs
Marsure Sports has decided to stop the distribution of the...
Marsure Sports has decided to stop the distribution of the Varlion brand of paddle tennis racquets in Spain and the rest of Europe. The brand was acquired by a group of Swiss investors two years ago.
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News briefs
While working on a new Absolute Run store format for...
While working on a new Absolute Run store format for specialty retailers, Sport 2000 International is offering the Absolute brand to sports retailers in all the countries in which it has retail members. The Absolute concept has been developed by a strategic working group comprising five national organizations, called Sport ...
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News briefs
The general assembly of the retail members of Sport 2000...
The general assembly of the retail members of Sport 2000 France held on Sept. 27 reportedly validated the new potential offer issued by the cooperative to take over a share of 52 percent in the buying group . This stake is currently held by Activa Capital, a French-based investment firm. ...
