News Briefs – Page 461
-
News briefs
Technogym has reported a sales increase of 7.5 percent to...
Technogym has reported a sales increase of 7.5 percent to €413.8 million for the first nine months of this year, with growth of 8.1 percent in local currencies. The strongest growth occurred in the wholesale channel, up by 9.1 percent to €88.8 million. Both Italy and the rest of Europe, ...
-
News briefs
Le Coq Sportif is well on its way to deliver...
Le Coq Sportif is well on its way to deliver a double-digit rate increase in sales for the second half and the company is anticipating operating profit for both the second half and the full year. Airesis, the Swiss holding company that owns the majority of Le Coq Sportif's shares, ...
-
News briefs
Björn Borg has announced higher sales and operating profit for...
Björn Borg has announced higher sales and operating profit for the quarter ended on Sept. 30. The positive performance was driven by increasing marketing efforts. Lady Gaga also drove interest to the brand when she posted a photo of herself on Instagram wearing Björn Borg pieces during a yoga session. ...
-
News briefs
Lenzing has reported a revenue increase of 9.4 percent to...
Lenzing has reported a revenue increase of 9.4 percent to €1.7 billion for the first nine months of 2017, mainly driven by higher prices for its fibers. During the third quarter, the company launched Tencel Luxe, a premium fiber, and opened an innovation center in Hong Kong. Lenzing is building ...
-
News briefs
AFL-CIO, the American labor union, has asked Nike to disclose...
AFL-CIO, the American labor union, has asked Nike to disclose a formal set of tax principles to which it is committed following the disclosures in the Paradise Papers of the tax loopholes used by the company and other multi-nationals (see our previous issue). AFL-CIO, which is also a shareholder in ...
-
News briefs
Kasper Rorsted, chief executive at the Adidas Group, was quoted...
Kasper Rorsted, chief executive at the Adidas Group, was quoted as saying in Bild am Sonntag during the weekend that the company would have a problem if one of its partners was found guilty of breaking the law. The quote was placed in the context of the Adidas group's partnership ...
-
News briefs
Eight people were indicted by a New York grand jury...
Eight people were indicted by a New York grand jury earlier this month in connection with the scandal that erupted around U.S. college basketball. They include Jim Gatto, an Adidas executive who was in charge of sports marketing for basketball, along with four assistant basketball coaches, an agent, an Adidas ...
-
News briefs
Puma, which was recently accused of damaging a 17th-century building...
Puma, which was recently accused of damaging a 17th-century building in Delhi with the painting for a shoe commercial, will restore the site to its original aspect. According to reports by FashionNetwork.com, the German sportswear brand has directed the agency responsible for causing the damage to restore the building to ...
-
News briefs
British Rowing and British Triathlon have announced a partnership to...
British Rowing and British Triathlon have announced a partnership to cross-promote and align their activities on the integration of British Rowing's Go Row Indoor within British Triathlon's Go Tri Gym Challenge product. The new partnership is meant to help both governing bodies increase their respective number of participants. British Rowing ...
-
News briefs
Canada Goose's new flagship in London was hit by burglars...
Canada Goose's new flagship in London was hit by burglars on Nov. 14, just days after its opening. According to reports, a ten-people gang used scooters to smash into the store's glass door. The thieves threatened a night security guard with a hammer and then managed to run away with ...
-
News briefs
After confirming the high degree of its reputation in Norway...
After confirming the high degree of its reputation in Norway through a survey among retailers and customers, Rottefella has decided to launch its first full-fledged collection of clothing. The Norwegian brand of cross-country ski bindings says the new brand-building initiative will not be restricted to apparel for Nordic skiing. The ...
-
News briefs
Intersport France has launched a new WeLoveSki pass that allows...
Intersport France has launched a new WeLoveSki pass that allows the holder to rent skis, snowboards, boots and ski poles throughout the snow season. The pass is sold exclusively by Intersport at www.intersport-rent.fr. The company will make available only 2,000 passes for this winter. The price for the pass is ...
-
News briefs
Puma has finalized a contract to be the official supplier...
Puma has finalized a contract to be the official supplier of the jerseys for the AC Milan team for five years, starting with the 2018/19 season, replacing Adidas ahead of schedule after a partnership of 20 years. Reportedly, the Leaping Cat will be paying an annual sponsorship fee of €12 ...
-
News briefs
Joma has announced a global online marketing campaign to congratulate...
Joma has announced a global online marketing campaign to congratulate its best tennis players of the year. At the end of the tennis season, the brand said it wanted to thank its sponsored tennis players for the results they achieved during the season. The campaign targets an audience aged between ...
-
News briefs
Pentland has been honored with the 22nd annual Global Family...
Pentland has been honored with the 22nd annual Global Family Business Award by IMD, a top-ranked business school. The group received the award on the occasion of the 28th Summit of the Family Business Network International (FBN-I), which took place in Gran Canaria on Nov. 8-11. The Global Family Business ...
-
News briefs
Three Norwegian sporting goods brands have been named winners of...
Three Norwegian sporting goods brands have been named winners of the prestigious DOGA design award by Design and Architecture organization in Oslo. Northern Playground was recognized for the design of its zipped collection of baselayers. The Bjørn Dæhlie brand of sports clothing won an award for its recent re-branding project ...
-
News briefs
About 100 people attended the first Ispo Academy held in...
About 100 people attended the first Ispo Academy held in India last week, as part of the second Global Sports Business Show organized by The Times of India in Mumbai. The central topic of this inaugural Indian academy was digital technology in sports apparel manufacturing, as suppliers are eager to ...
-
News briefs
Table tennis, ice hockey and other smaller sports will be...
Table tennis, ice hockey and other smaller sports will be a focus of BaSpo, a new German balls sports exhibition for the trade and the general public due to be held for the first time in the Westfalenhallen in Dortmund in 2018. Providing a greater stage for sports that are ...
-
News briefs
Haute couture will meet sports during the 2018 New York...
Haute couture will meet sports during the 2018 New York Fashion Week when Performance Days will stage a trade fair introducing functional sports fabrics. Performance Days, the biannual fabrics show for the sports and outdoor industry held in Munich, will stage a trade event in the penthouse of New York's ...
-
News briefs
Adidas is a winner of the second Stop Slavery Award,...
Adidas is a winner of the second Stop Slavery Award, an initiative by the Thomson Reuters Foundation to honor companies that have taken concrete steps to eradicate forced labor from their supply chains. Adidas leads a group of four winning companies which also includes C&A, Intel and The Co-Operative Group. ...
