News Briefs – Page 437
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News briefs
The Tecnica Group scored better than expected in 2017, booking...
The Tecnica Group scored better than expected in 2017, booking a 10 percent sales increase to €365 million for the year (just above the Rossignol Group). Ebitda went up to €32.3 million from €27.9 million in 2016. The best performances were achieved by Moon Boot, whose sales went up by ...
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News briefs
Descente reported a slightly improved net profit of 5.77 billion...
Descente reported a slightly improved net profit of 5.77 billion yen (€44.5m-$52.4m) for the financial year ended March 31 on 7.3 percent higher net sales of ¥141.1 billion (€1.1bn-$1.3bn). The operating margin rose by 0.4 percentage points to 6.9 percent. Sales increased in all the segments and virtually all the regions, ...
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News briefs
Goldwin saw its total revenues increase by 16 percent to...
Goldwin saw its total revenues increase by 16 percent to 70.4 billion yen (€543.3m-$639.7m) in the year ended March 31, with 56 percent of them coming from its network of 140 retail stores. The gross margin improved by two percentage points to 48.4 percent. The net profit soared by 120 percent ...
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News briefs
Globeride's net income surged by 80 percent to 4.26 billion...
Globeride's net income surged by 80 percent to 4.26 billion yen (€32.9m-$38.7m) in the year ended March 31 as the parent company of Daiwa Seiko raised its sales by 8 percent to ¥85.8 billion (€662.2m-$779.7m). Excluding one-time items, net earnings rose by 14 percent to ¥2.49 billion (€19.2m-$22.6m). The gross margin ...
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News briefs
A 30 percent jump in sales of electric bikes allowed...
A 30 percent jump in sales of electric bikes allowed Giant Manufacturing to post an overall sales increase of 3 percent to 13.9 billion Taiwanese dollars (€397.0m-$467.5m) in the first quarter of this year. Electric bike sales grew at a double-digit rate in Europe, where the company is planning to boost ...
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News briefs
Groupe Bic reports that its sports division suffered a small...
Groupe Bic reports that its sports division suffered a small double-digit sales decline in constant currencies for the first quarter. Bic Sport already saw its turnover decline by about 5 percent in 2017, which was blamed on an increasingly competitive market in the U.S. The group has overhauled its business ...
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News briefs
Retail sales of sporting goods in Norway reached a record...
Retail sales of sporting goods in Norway reached a record level of more than 3.2 billion kroner (€335.9m-$395.5m) during the first quarter of 2018, up by 11 percent from the same quarter of 2017. According to Sportsbransjen, the Norwegian sporting goods industry association, good snow conditions and cold temperatures were a ...
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News briefs
Sports Marketing Surveys has obtained an assignment from the All...
Sports Marketing Surveys has obtained an assignment from the All England Lawn Tennis Club to deliver the Wimbledon Equipment Census for at least another three years, until 2020. This program provides the count of equipment used by all competitors at the championships, in main draw singles, doubles, wheelchair, junior and ...
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News briefs
The European Commission is reacting to the duties imposed by...
The European Commission is reacting to the duties imposed by the U.S. on imports of steel and aluminum by proposing to impose duties of up to 50 percent from July 1st on a variety of items including some types of textile products and sports shoes. The items carry an annual ...
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News briefs
The deputy secretary general of the Federation of the European...
The deputy secretary general of the Federation of the European Sporting Goods Industry (Fesi), Youri Mercier, and other Fesi members took the stage at the EU conference on Intellectual Property Rights Border Measures in Moscow on May 30, to discuss anti-counterfeiting measures ahead of the Fifa World Cup. The tournament ...
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News briefs
Jérôme Valentin, president of Cycleurope Industries, has been elected as...
Jérôme Valentin, president of Cycleurope Industries, has been elected as president of the Union Sport & Cycle (USC), the association formed last year through the merger of groups of French suppliers and retailers in the sports and cycling industries. Elected at the USC's general assembly in Paris on May 16, ...
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News briefs
The European Parliament's Fisheries Committee has adopted a non-legislative binding...
The European Parliament's Fisheries Committee has adopted a non-legislative binding report that boosts the recognition of recreational fishing within EU communities and its contribution to the economy. The report, entitled “State of play of the recreational fisheries in the European Union,” was drafted by Member of the European Parliament Norica ...
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News briefs
Ecco filed a patent infringement complaint against Skechers in a...
Ecco filed a patent infringement complaint against Skechers in a U.S. court in Delaware on May 16, claiming infringement of four U.S. patents through its Go Golf Drive – Classic and Go Golf Drive – men's golf shoes. The Danish company is seeking an injunction, damages and fees.
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News briefs
X-Technology has unveiled a new X-Bionic Individual concept for full...
X-Technology has unveiled a new X-Bionic Individual concept for full customization of functional clothing for athletes. Instead of customizing the item only for size, colors and patterns, the new program provides an accuracy down to the millimeter in customizing functional zones to the unique physical shape of the athlete. The ...
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News briefs
Asics is launching a limited edition range of footwear and...
Asics is launching a limited edition range of footwear and apparel to mark the centenary of the birth of its founder, Kihachiro Onitsuka. He established the company in 1949, with the purpose of supporting sports participation and contributing to the health of Japanese youth. The range of Asics, Asics Tiger ...
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News briefs
Adidas has launched the AM4LA shoe, the latest release from...
Adidas has launched the AM4LA shoe, the latest release from its AM4 (Adidas Made For) series. The shoe, which is made at Adidas' Speedfactory facility in Atlanta, this time utilizes yarns derived from marine plastic recovered from coastal areas. The AM4LA, tailored to the streets of Los Angeles, follows the ...
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News briefs
Pepsi is partnering with Umbro, New Era, Boohoo, Le Specs,...
Pepsi is partnering with Umbro, New Era, Boohoo, Le Specs, and Anteater on a fashion collection celebrating the game of football. The “Art of Football” capsule collection is the latest extension of Pepsi's 2018 global #LoveItLiveIt campaign. The product line includes soccer t-shirts, shorts and balls from the U.K.'s Umbro; ...
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News briefs
Primaloft has developed its first insulation made entirely from recycled...
Primaloft has developed its first insulation made entirely from recycled PET bottles. The company claims the new insulation fully meets all of its performance standards, such as low weight, high compressibility and water repellency. Around nine PET bottles are needed to create the insulation layer for one jacket (40g of ...
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News briefs
Pentland Brands has announced the launch of an in-house brand...
Pentland Brands has announced the launch of an in-house brand building academy for its new marketing and creative staff. Pentland, a British family-owned business, is the mother company of well-known sporting brands like Speedo, Berghaus and Canterbury. The decision follows a major recruitment drive across its marketing, digital and creative ...
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News briefs
Nike is still the most valuable apparel and footwear brand...
Nike is still the most valuable apparel and footwear brand in the world, according to an annual census by Millward Brown. Its brand value in the sector rose by 13 percent to $38.48 billion. Adidas came in third position after Zara, but its brand value jumped by 50 percent to ...
