News Briefs – Page 469
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News briefs
Canada Goose told investors at a conference sponsored by Goldman...
Canada Goose told investors at a conference sponsored by Goldman Sachs that it has strong potential to improve its profit margins in various ways. It can raise its prices, it may buy up some of its Canadian subcontractors or open new plants to supplement the production of its own six ...
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News briefs
Umbro has “a couple of things in the works that...
Umbro has “a couple of things in the works that are pretty substantial going forward,” said Dave Jones, executive vice president and chief financial officer of Iconix Brand Group, at a recent conference organized by CL King. He said the brand is generating sales of about $700 million a year ...
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News briefs
Artemis, the Pinault family's holding company that controls Kering, launched...
Artemis, the Pinault family's holding company that controls Kering, launched a convertible bond offer for €375 million on Sept. 22. Priced at a 35 percent premium over Kering's reference share price, the bonds will bear no interest. They will be redeemed for cash on March 31, 2023, giving the bondholders ...
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Rens van de Schoor, a Dutch entrepreneur who previously re-started...
Rens van de Schoor, a Dutch entrepreneur who previously re-started the Miss Etam and Promiss retail concepts, has established an investment vehicle to take over assets of the Doniger Fashion Group. They include Gaastra, the Dutch nautical brand, along with two fashion brands, McGregor and Adam, which had to be ...
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News briefs
Reuters reports that a bank meeting was held at the...
Reuters reports that a bank meeting was held at the head office of Sports Direct International (SDI) earlier this month for lenders, to launch syndication for a loan worth more than £700 million (€796m-$945m). The revolving credit facility will replace an unsecured revolving working capital capacity due to mature in ...
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News briefs
Sky News reports that Endura, a leading British cycling apparel...
Sky News reports that Endura, a leading British cycling apparel supplier, is studying a potential sale after it was approached by several parties that previously attempted to take over the Rapha brand. Rapha was sold last month in a deal that valued the brand at an estimated £200 million (€227m-$269m), ...
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News briefs
Lenzing has opened a new fabric and fiber testing center...
Lenzing has opened a new fabric and fiber testing center in Hong Kong. The Austrian cellulosic fiber producer said the Application Innovation Center is intended to bring it closer to its partners along the value chain in Asia, and to bring more quickly its innovations to its customers. The facility ...
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News briefs
Marcato Capital Management, the activist investor that has been criticizing...
Marcato Capital Management, the activist investor that has been criticizing the management of Deckers Brands and wants it to sell its assets, has come up with a list of ten new executives that it has nominated for seats on the company's board of directors. The board is up for renewal ...
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News briefs
Archroma, a global company specializing in color and specialty chemicals,...
Archroma, a global company specializing in color and specialty chemicals, has announced the acquisition of an additional 26 percent stake in M. Dohmen, an international group specializing in the production of textile dyes and chemicals. The two companies will now operate as partners in serving the textile market, making the ...
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News briefs
Jochen Schnell, one of the members of Intersport Germany's executive...
Jochen Schnell, one of the members of Intersport Germany's executive board, is leaving at his own request after spending more than 15 years with the group in various positions. Citing “very private reasons” for his departure, the company said his responsibilities for product and marketing will be taken over by ...
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News briefs
Graham Stapleton, who comes from Dixons, has been appointed as...
Graham Stapleton, who comes from Dixons, has been appointed as the new chief executive of the Halfords Group, the British bike and automotive accessories retailer, replacing Jill McDonald. Benefiting from a “staycation” summer in Britain, Halfords reported in a preliminary statement a 4.8 percent increase in total revenues for the ...
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News briefs
Tom Knight, former chief executive of JJB Sports, has been...
Tom Knight, former chief executive of JJB Sports, has been appointed chairman of Fibodo, which specializes in cloud-based management software for sports and activity professionals. The name of the company stands for Find It, Book It, Do It. Knight is a well-known personality in the British sports business, where he ...
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News briefs
Asics is reinforcing its marketing team in Europe, the Middle...
Asics is reinforcing its marketing team in Europe, the Middle East and Africa (EMEA) with two recruits, as part of the business transformation plan announced a few weeks ago. Robin Karakash joins Asics Europe as director of integrated marketing communication EMEA, a newly-created function, to deliver consistent brand messaging across ...
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News briefs
Carsten Unbehaun, managing director for Central Europe at Asics, has...
Carsten Unbehaun, managing director for Central Europe at Asics, has been appointed as the new chief executive at Haglöfs, the Swedish outdoor brand owned by the Japanese company, from the start of next year. He takes over from Peter Fabrin, who decided to return to Denmark for family reasons after ...
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News briefs
Tor Jenssen has been appointed as chief marketing officer at...
Tor Jenssen has been appointed as chief marketing officer at Helly Hansen following the departure of Erik Burbank, who held the job for less than two years but previously covered much the same functions as Helly Hansen's senior vice president of brand and marketing. Jenssen has been with the Norwegian ...
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News briefs
Fischer Sports has named Walter Dietiker as its new country...
Fischer Sports has named Walter Dietiker as its new country manager for Switzerland, replacing Marco Zingg who has left the company. Dietiker spent the last 12 years with K2 in Switzerland, after working for Toko and Mammut.
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News briefs
Thomas Seifert is leaving as German country manager of Polar...
Thomas Seifert is leaving as German country manager of Polar Electro at the end of this month for another assignment outside the sporting goods sector. His place will be taken over by the current local chief operating officer, Lars Adolff. Seifert joined the Finnish company in April 2013 after running ...
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News briefs
Moritz Maier has been appointed as head of marketing at...
Moritz Maier has been appointed as head of marketing at Alpina Sports, the specialist in winter sports helmets and eyewear. Maier was previously at Head Sportswear, where he spent three years as international marketing manager, after six years in multimedia management and key account marketing at Mammut Sports Group. Maier ...
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News briefs
Christoph Görner joined Sport 2000 Germany on Sept. 1 to...
Christoph Görner joined Sport 2000 Germany on Sept. 1 to work on Laufprofis, the specialty running retail format of the voluntary group, which currently involves 120 retailers. Together with his colleague Marc Schreiner, he reports to the manager of Laufprofis, Jörg Seifert. Görner worked for 18 years at Runners Point, ...
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News briefs
Primaloft has appointed Clark Jin as sales and marketing manager...
Primaloft has appointed Clark Jin as sales and marketing manager for the Asia-Pacific region, a newly-created role, effective Sept. 11. Jin has more than 18 years of experience in sales, marketing and merchandising positions at companies including Kufner Textile, W.L.Gore, Itochu and Smart Garment. He is an expert in functional ...
