News Briefs – Page 430
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News briefs
Groupe Go Sport's sales moved up by 8.6 percent to...
Groupe Go Sport's sales moved up by 8.6 percent to €406 million for the first half of this year, as reported by its majority shareholder, the Rallye group. On a same-store basis and in constant currencies, its sales were up by 4.2 percent for the six months. The entire retail ...
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News briefs
Clarus Corporation, the parent company of Black Diamond, improved its...
Clarus Corporation, the parent company of Black Diamond, improved its guidance, predicting a sales increase of between 20 and 23 percent this year and an adjusted Ebitda margin of about 8.5 percent, while reporting on a very strong second quarter. Sales went up by 50 percent to $45.9 million during ...
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News briefs
Yue Yuen warns that it expects to report first-half declines...
Yue Yuen warns that it expects to report first-half declines of 5.5 percent in revenues and about 40 to 45 percent in profits for its manufacturing operations. The lower revenues are attributed to fluctuating order patterns and an unfavorable product mix. The drop in profits for the period ended June ...
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News briefs
Adidas took six of the top ten spots in a...
Adidas took six of the top ten spots in a recent ranking of world's most Instagrammed sneakers. Meanwhile, the survey found that 53 percent of the world's most Instagrammed sneakers were Nike models. The Adidas NMD, which took the top spot, was mentioned in 5.7 million posts, followed by the ...
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News briefs
Vans has partnered with the Van Gogh Museum in Amsterdam...
Vans has partnered with the Van Gogh Museum in Amsterdam on a capsule collection that incorporates elements from Van Gogh's paintings. These elements are integrated into Vans products including the Classic Slip-On, Old Skool, and Authentic shoes, as well as hoodies, tees, backpacks, bombers and hats. Each footwear model features ...
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News briefs
Zalando is bringing out an exclusive line of garments and...
Zalando is bringing out an exclusive line of garments and shoes for women in collaboration with Under Armour, covering training, yoga and other sports including running and boxing, with prices ranging from €44.95 for shirts to €129.95 for leggings. The partners are being aided on the marketing side by three ...
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News briefs
Marker has issued a voluntary recall on certain 2017/18 models...
Marker has issued a voluntary recall on certain 2017/18 models of its Kingpin 10 and 13 ski bindings, after extensive testing and quality control procedures. They have shown that, in rare circumstances, the steel pins in the toe pieces may break, possibly leading to lower release forces and causing a ...
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News briefs
A Norwegian firm, TriEye, has also developed a new system...
A Norwegian firm, TriEye, has also developed a new system that allows bike riders to keep an eye on what is going on behind them, improving road safety. It presented a new type of eyewear at the recent Eurobike show with an integrated rearview mirror. It can be fitted on ...
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News briefs
Dainese has received a Red Dot Design Award for the...
Dainese has received a Red Dot Design Award for the AWA M1 jacket from its winter collection and its Sportmodular helmet. The jury gave a “Best of the Best” mark to the jacket, noting that it is “impressive for its qualities, ideal for extreme outdoor activities.”
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News briefs
Abom is partnering with Essilor Prescription Safety Eyewear to provide...
Abom is partnering with Essilor Prescription Safety Eyewear to provide an anti-fog goggle with an RX solution for the user. Based in Portland, Oregon, Abom claims to be the first company in the world to have developed a heated anti-fogging goggle with integrated rechargeable batteries. It is now proposing to ...
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News briefs
11Teamsports, the German multi-channel retailer, has engaged Joshua Kimmich, a...
11Teamsports, the German multi-channel retailer, has engaged Joshua Kimmich, a member of the German national soccer team, for its new marketing campaign, which will be broadcasted via social media channels like Facebook, Instagram and YouTube. The slogan of the campaign, which is due to be launched at the end of ...
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News briefs
Puma has signed up its first marquee-level basketball player, Terry...
Puma has signed up its first marquee-level basketball player, Terry Rozier of the Boston Celtics, as it gears up to launch its new range of basketball footwear in September, followed by a global rollout in 2019. Rozier announced on Twitter that he was leaving Nike for Puma, where he will ...
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News briefs
Mitre will take the place of Nike as the supplier...
Mitre will take the place of Nike as the supplier of the official ball for the English Football Association for the next three years, starting with the 2018/19. The team sports brand owned by thePentland Group had already started in 2014 a four-year deal with the English Football League, supplying ...
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News briefs
Netflix has taken an option on the movie rights for...
Netflix has taken an option on the movie rights for Phil Knight's autobiography, Shoe Dog. Nike's founder will work with Frank Marshall, a producer nominated for the Academy Awards, to put out the film. The script is being developed, but no timetable has been given for the release of the ...
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News briefs
Eurojersey, the Italian-based specialist in warp-knit fabrics, has announced that...
Eurojersey, the Italian-based specialist in warp-knit fabrics, has announced that it intends to have the environmental impact of every single Eurojersey fabric certified by 2019. This new target adds to the company's overall sustainability program, which was launched back in 2007. Eurojersey posted revenues of €68 million in 2017, representing ...
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News briefs
The European Platform for Sports Innovation (EPSI) plans to hold...
The European Platform for Sports Innovation (EPSI) plans to hold its annual conference in Ghent, Belgium, on Oct. 25 and 26, with the support of Pinnacle and Ghent University Victoris. In June, the organization has reached its goal of doubling the number of members in one year. Continuing to provide ...
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News briefs
Micam, the world's leading footwear exhibition held in Milan twice...
Micam, the world's leading footwear exhibition held in Milan twice a year, has decided to stage for the first time a consumer event for sneaker fans, targeting millennials, in 2019. Inspired by sneaker conventions like the Complexcon festival in Los Angeles or Atlanta's KixFair, Micam's “Plug-Mi, The Sneakers Culture Experience” ...
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News briefs
Nike is raising the salaries of about 7,500 of its...
Nike is raising the salaries of about 7,500 of its 74,000 employees on all levels around the world, starting in August, as reported by The Wall Street Journal. The wage review is intended to solve issues about equal pay and corporate culture. It comes after an analysis of all the ...
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News briefs
The ANWR Group is starting a pilot crowdfunding project for...
The ANWR Group is starting a pilot crowdfunding project for CN Mailorder, a web store affiliated with Sport 2000 Germany. It asks for contributions of between €250 and €10,000 by individual investors to collect a total of €500,000. In exchange, the investors will get annual interest payments of 4.6 percent ...
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News briefs
Giant Bicycle has announced an investment of €48 million in...
Giant Bicycle has announced an investment of €48 million in a new factory in Gyöngyös, Hungary. In a first phase, the factory will start producing 300,000 bikes a year in the second half of 2019, focusing on e-bikes, following the new tariff barriers implemented by the European Union for this ...
