News Briefs – Page 464
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News briefs
Confirming a report in our previous issue, Footasylum, the British...
Confirming a report in our previous issue, Footasylum, the British chain of sports and lifestyle stores created by the founders of JD Sports, is going public on the Alternative Investment Market (AIM) London Stock Exchange on Nov. 2 at a price of £1.64 per share, giving it an initial valuation ...
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Sports Direct International (SDI) is buying additional shares in Debenhams,...
Sports Direct International (SDI) is buying additional shares in Debenhams, the British department store chain, paying 43 percent more than they were worth last Friday, according to The Financial Times. The acquisition is said to be based on options contracts signed through Goldman Sachs in 2015, which will force SDI ...
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News briefs
Mike Ashley has put the Newcastle football club up for...
Mike Ashley has put the Newcastle football club up for sale for the third time. He already failed to find a buyer back in 2008, after placing some of his shares in Sports Direct on the London Stock Exchange, and again in 2009. To facilitate the sale and encourage investments, ...
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Woolrich has announced a new partnership with Goldwin, a Japanese...
Woolrich has announced a new partnership with Goldwin, a Japanese firm specializing in the manufacturing and sale of sporting apparel, which will result in a new Goldwin premium outdoor collection. The first men's line will be on offer in autumn 2018 in North America, Europe and Asia. Goldwin has acquired ...
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News briefs
Salomon is extending its design center in Annecy with the...
Salomon is extending its design center in Annecy with the purchase of a 1,760-square-meter administrative building adjoining its headquarters in the French alpine city, where it stopped its manufacturing activities many years ago. The management said the investment represents a great opportunity for expansion as it prepares its development plans ...
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News briefs
Zanier, the Austrian glove manufacturer, completed its move from Lienz...
Zanier, the Austrian glove manufacturer, completed its move from Lienz to Innsbruck just in time for the start of the 2018 ski season. To showcase its patented heating technology, Zanier opened a showroom in Innsbruck in 2016. The administration, accounting and management functions are now housed in the 200-square-meter location. ...
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News briefs
Peter Aschauer is selling a controlling stake in his 30-year-old...
Peter Aschauer is selling a controlling stake in his 30-year-old avalanche airbag company, ABS Peter Aschauer, to Spin Capital. The Munich-based investment company will take over operative responsibility but will continue to work with Aschauer on a partnership basis. Stefan Mohr, chief executive of Spin, which is an abbreviation for ...
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News briefs
Naffta Sport, a Spanish brand of swimwear and other sports...
Naffta Sport, a Spanish brand of swimwear and other sports garments, has decided to go into liquidation. The company had gone into insolvency last May with debts of €5 million. Giving the news, CMD Sport recalls that the company had already run into financial problems in 2009. It came out ...
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News briefs
Insolvency proceedings were opened on Oct. 13 in Venice for...
Insolvency proceedings were opened on Oct. 13 in Venice for MCS Cavaliere, formerly Marlboro Classics, and Industries Sportswear Company, owner of the Marina Yachting and Henry Cotton's brands. In 2013, shortly before going public, Moncler had sold Industries Sportswear to Emerisque Brands, a private equity firm set up in 2004 ...
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News briefs
WiggleCRC has announced the acquisition of Bike24, a German online...
WiggleCRC has announced the acquisition of Bike24, a German online cycling retailer. According to The Sunday Times, who first reported the news, the deal is worth around £100 million (€112.6m-$131.7m). Bike24 will continue to trade as a separate business within the group. Bike24 posted revenues of €84.5 million in 2016. ...
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News briefs
A factory of BH Bikes in Aveiro, between Porto and...
A factory of BH Bikes in Aveiro, between Porto and Lisbon, has been involved in the wave of fires that have recently shaken the north of Portugal. The fire broke out in the facility during the night between Oct. 16 and 17. BH Bikes uses that factory for the assembly ...
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News briefs
The concentration of European outdoor retailing is continuing apace with...
The concentration of European outdoor retailing is continuing apace with the acquisition of Friluftsland, one of the leading Danish outdoor retailers, by the owner of Globetrotter in Germany, Naturkompaniet in Sweden and Partioaitta in Finland. Just a few weeks after the A.S. Adventure Group bought McTrek in Germany, the Fenix ...
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News briefs
Creating a new position, Intersport International Corp. has appointed Katja...
Creating a new position, Intersport International Corp. has appointed Katja Erbe to run the growing network of master franchise partners for its The Athlete's Foot banner in Europe. She comes from Adidas, where she served in numerous management roles, most recently as senior sales director for Central Eastern Europe. She ...
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News briefs
Jan Henning has been promoted to European sales director at...
Jan Henning has been promoted to European sales director at Didriksons, the Swedish outdoor and lifestyle apparel brand acquired three years ago by Herkules IV, the Norwegian company that also owns Odlo. He will be responsible for sales all over Europe of Didriksons' Originals line, which is specifically meant for ...
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News briefs
Barrabès, the Spanish outdoor and winter sports retailer, has appointed...
Barrabès, the Spanish outdoor and winter sports retailer, has appointed Jesús Ferradas as sales area manager, charged with coordinating the operations of its seven physical stores and its online store at the strategic and sales levels. He previously worked for BM Sportech, Mammut and Millet.
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News briefs
Richard Leedham has decided to step down as president of...
Richard Leedham has decided to step down as president of Berghaus, the outdoor brand owned by the Pentland Group, after 22 years with the company, and to leave the business in early 2018. He has agreed to assist in the next few months in the recruitment of a new brand ...
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News briefs
Fusalp has appointed a dedicated retail director, Christophe Gaudefroy, as...
Fusalp has appointed a dedicated retail director, Christophe Gaudefroy, as it gets ready to open its 22nd store in the French ski resort of Courchevel. He worked previously for Levi's, Hugo Boss, Versace, Lacoste and Façonnable
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News briefs
Ivo van Ireland, a sales director who previously worked for...
Ivo van Ireland, a sales director who previously worked for K-Swiss and Palladium, has been appointed as Havaianas' general manager for Central Europe, covering mainly Germany, Austria and Switzerland. Sales in the region, which are growing rapidly, were previously steered by Vanessa Sosa, who was also responsible for Spain and ...
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News briefs
Alpargatas Argentina is investing 100 million Argentinian pesos (€4.9m-$5.7m) to reintroduce...
Alpargatas Argentina is investing 100 million Argentinian pesos (€4.9m-$5.7m) to reintroduce the Havaianas brand to the local retail market. Alpargatas Argentina is looking to invest the money over a three-year period, first by introducing the brand in retail chains and then later by opening mono-brand stores. Alpargatas Argentina is the local ...
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News briefs
Rossignol inaugurated a new flagship store in Oslo on Sept....
Rossignol inaugurated a new flagship store in Oslo on Sept. 29. Located at Holmens Gate 2, in Norway's capital city, the new store of the French manufacturer of alpine, snowboard and Nordic equipment has a surface of 270 square meters on two floors. The ground floor is dedicated to apparel, ...
