News Briefs – Page 457
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News briefs
Lululemon's sales were better than expected in the fourth quarter...
Lululemon's sales were better than expected in the fourth quarter of its last financial year, ended on Jan. 28. The management indicated a range of $905 million to $915 million, up from a previous forecast of $885 million, implying growth of 15 percent or more. The management indicates that there ...
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News briefs
Footasylum, the British sports lifestyle that went public in November,...
Footasylum, the British sports lifestyle that went public in November, reported a sales increase of 33.4 percent to £89.8 million (€100.9m-$123.7m) for the 18 weeks to Dec. 30. Increases were recorded in the physical stores and e-commerce as well as at the wholesale level. The number of stores grew by ...
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News briefs
Crocs told investors at a recent conference that it performed...
Crocs told investors at a recent conference that it performed better than expected in the fourth quarter of 2017, thanks to a strong holiday season in the U.S. Sales reached a level of between $180 million and $190 million, with a gross margin of around 45 percent. However, the company ...
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News briefs
Bernard Tapie is to face trial for embezzlement and misuse...
Bernard Tapie is to face trial for embezzlement and misuse of public funds along with five other defendants, around a decision by an arbitration committee to award him a controversial payout of €405 million in 2008, relating to the sale of Adidas. The arbitration came after a long drawn-out legal ...
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News briefs
Brooks Sports has appealed against a ruling by the U.S....
Brooks Sports has appealed against a ruling by the U.S. Patent and Trademark Office (USPTO), which dismissed the running specialist's opposition to the registration of an Anta logo. Brooks filed its opposition on the grounds of potential confusion and dilution, in relation with its registered path and Heritage chevron marks. ...
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News briefs
Representatives of employers and employees are at loggerheads over a...
Representatives of employers and employees are at loggerheads over a proposed increase in the minimum wage in Myanmar, one of the lowest-cost sourcing alternatives to China. Employers object that the proposed increase to $3.53 (€2.95) a day from March onwards is far too high, imposing a heavy burden that will ...
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News briefs
Industry associations of the bicycle sector have joined forces in...
Industry associations of the bicycle sector have joined forces in the new World Bicycle Industry Association (WBIA). This new non-profit organization was officially founded in Switzerland in December by the Bicycle Association of Japan (BAJ), the U.S. Bicycle Products Suppliers Association (BPSA), the Confederation of the European Bicycle Industry (Conebi) ...
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News briefs
“Find --- me!” - an Austrian invention designed for snow...
“Find --- me!” - an Austrian invention designed for snow tourers and free riders to find their skis in deep snow and to assist searchers after avalanches - has won the 2017 German Design Award for its functionality. Developed by Heinz Polak, an inventor and mountain specialist, the avalanche and ...
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News briefs
Sensoria unveiled a new pressure sensing running shoe at the...
Sensoria unveiled a new pressure sensing running shoe at the Consumer Electronics Show (CES) in Las Vegas, the annual trade show on new products and technologies in the consumer electronics industry, which took place this year on Jan. 9-12. The shoe, which has been developed for Vivobarefoot, features a new ...
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News briefs
The Hohenstein Group has announced the development of HOSYcan, the...
The Hohenstein Group has announced the development of HOSYcan, the next generation of its compression testing device. HOSYcan is said to allow for accurate compression measurements during movement, and to measure the interaction between different materials. Compression garments, which are widely used in the sports and medical sectors, typically come ...
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News briefs
Leki, the German pole specialist, is cooperating with Boa Technology, the maker...
Leki, the German pole specialist, is cooperating with Boa Technology, the maker of the patented Boa Closure System, for its winter 2018/19 collection of Leki Trigger gloves. The Boa system, which was originally developed for shoes, has for the first time been integrated in another product category.*
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News briefs
Pony has announced a collaboration with Michael Michalsky, a well-known...
Pony has announced a collaboration with Michael Michalsky, a well-known German fashion designers who served many years ago as creative director of Adidas. The fruits of the collaboration will be shown at the Seek trade show during this week's Berlin Fashion Week. The presentation will coincide with the establishment of ...
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News briefs
Macron is the technical partner of the new Running &...
Macron is the technical partner of the new Running & Walking center, La Mandria, located inside the historical Reggia di Venaria compound near Turin. The new training center is open for all running and walking activities, both high level and amateur. The project was officially launched on Jan. 4. Macron ...
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News briefs
Ruffwear, the specialist in performance dog gear, has announced a...
Ruffwear, the specialist in performance dog gear, has announced a new partnership with the National Ski Patrol (NSP), the U.S.-based authority for on-mountain safety. Starting in winter 2017/18, the brand is serving as a partner of the NSP. Ruffwear's products can be used by the avalanche rescue dogs who work ...
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News briefs
Callaway Golf has announced that Sergio Garcia, the reigning Masters...
Callaway Golf has announced that Sergio Garcia, the reigning Masters champion, has become part of its players' team. Garcia played with TaylorMade for most of his professional career, but the two parties confirmed that they were parting ways in October and since then Garcia has already competed with Callaway clubs ...
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News briefs
While the Nike group has pulled out of the golf...
While the Nike group has pulled out of the golf equipment category, it continues to sign up endorsees for its golf apparel and footwear. Sport Industry Group reports that the latest players on board of Nike's team include Alex Norén, a Swedish player who was 18th in world golf rankings ...
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News briefs
Sloane Stephens announced on Instagram and Twitter that she has...
Sloane Stephens announced on Instagram and Twitter that she has teamed up with Nike, just four months after her triumph at the U.S. Open in Under Armour gear. The 24 year-old Stephens has been sponsored by Under Armour since 2010, when she was a little-known player. She turned into the ...
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News briefs
Head Ski will be the official sponsor of the upcoming...
Head Ski will be the official sponsor of the upcoming Eldorado Freeride Junior Tour, the Freeride World Qualifier and the Freeride Junior World Tour. The Eldorado Freeride Junior Tour will take place at three locations in the Pyrenee mountains on Jan. 20 and 21. It is for youngsters between the ...
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News briefs
The Scandinavian Village is heading to the Outdoor Retailer +...
The Scandinavian Village is heading to the Outdoor Retailer + Snow Show in Denver at the end of this month, with eight participating companies. The village has become a familiar sight at Ispo Munich and at the OutDoor fair in Friedrichshafen, since it was launched by the Scandinavian Outdoor Group ...
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News briefs
Oeko-Tex has announced a series of new regulations as part...
Oeko-Tex has announced a series of new regulations as part of the annual update of its standards and guidelines. The process to acquire the Made in Green label has been simplified. The scope of STeP assessments for the survey of required company data has been significantly reduced by condensing the ...
