News Briefs – Page 473
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News briefs
Urban Styles, a distributor based in Cologne that belongs to...
Urban Styles, a distributor based in Cologne that belongs to Snipes, a subsidiary of the Deichmann Group, took over the distribution of the new premium and fashion-oriented Kappa Authentic product range in Germany in May, signing a selective distribution partnership with Kappa Germany. The range will only be sold to ...
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News briefs
Adidas and Concepts, a progressive American streetwear retailer, a few...
Adidas and Concepts, a progressive American streetwear retailer, a few days ago launched a co-branded boutique at 73 Newbury Street, in downtown Boston. Featuring a minimalist design, the 1,500-square-foot store will offer trendy Adidas sneakers and performance shoes along with Concepts clothing. It will host art installations, DJs and other ...
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News briefs
Australia's Super Retail Group will unify its two sporting goods...
Australia's Super Retail Group will unify its two sporting goods retail chains in the country, Amart and Rebel Sport, by rebranding all its Amart stores as Rebel by Oct. 31. The move is expected to result in synergies of 15 million Australian dollars (€10.1m-$12.0m) over the next two years. Together, ...
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News briefs
Customers can sample a local craft beer while shopping at...
Customers can sample a local craft beer while shopping at the new Timberland specialty concept store. Called The Timberland Tree Lab, the store recently opened in the King of Prussia Mall in Pennsylvania, the second-largest shopping mall in the U.S. The experimental store features carefully curated collections and brand stories ...
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News briefs
Netshoes, which remains the largest pure e-commerce player in the...
Netshoes, which remains the largest pure e-commerce player in the Brazilian market and in Latin America, booked a 15 percent increase in net sales to 461.3 million Brazilian reais (€123.7m-$146.7m) in the second quarter ended June 30, but the quarterly net loss grew to R$35.2 million (€9.4m-$11.2m) from R$33.6 million a year ...
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News briefs
Giant Manufacturing saw its comprehensive net income jump by 137...
Giant Manufacturing saw its comprehensive net income jump by 137 percent to 1,129.7 million Taiwan dollars (€31.6m-$37.5m) in the second quarter. Excluding a foreign currency gain of NT$ 962 million (€26.9m-$31.9m) and other extraordinary items, profits slipped by 19 percent to NT$ 677.7 million (€19.0m-$22.5m) as revenues fell by 9 percent to ...
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News briefs
Japan's Dunlop group turned around to a net profit of...
Japan's Dunlop group turned around to a net profit of 1,727 million yen (€13.2m-$15.7m) in the first half ended June 30 from a loss of ¥1,186 million, despite a one percent drop in total revenues to ¥36.16 billion (€276.5m-$327.9m). Excluding foreign exchange gains, net income rose to ¥1,288 million (€9.8m-$11.7m) from ...
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News briefs
Beating analysts' estimates, Li & Fung raised its net profit...
Beating analysts' estimates, Li & Fung raised its net profit to $91 million for the first half of 2017 from $86 million in the same period last year. Revenues fell by 9 percent to $7.2 billion, however. The Chinese sourcing giant had to leave the Hang Seng benchmark index last ...
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News briefs
ISM Search, the European U.K.-based executive recruitment and head-hunting service...
ISM Search, the European U.K.-based executive recruitment and head-hunting service specializing in the sporting goods sector, recently conducted a survey among its candidates in the industry to find out the relevant factors in the successful hiring and retention of key talents. According to ISM, it is the first survey of ...
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News briefs
Sports Direct has launched a legal claim in Iceland against...
Sports Direct has launched a legal claim in Iceland against Ingibjorg Palmadottir and Sigurdur Palmi Sigurbjornsson, the wife and stepson of Jon Asgeir Johannesson, the disgraced former boss of Baugur. The British sportswear retailer led by Mike Ashley is suing Sigurbjornsson and two companies, Guru Invest and Rhapsody Investments, linked ...
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News briefs
Following other American business leaders, Kevin Plank, founder and chief...
Following other American business leaders, Kevin Plank, founder and chief executive of Under Armour, resigned from Donald Trump's American Manufacturing Council after the U.S. president failed to criticize an outburst of white suprematist violence in Charlottesville, Virginia in mid-August. Plank had been initially an enthusiastic supporter of Trump because of ...
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News briefs
Ping Europe has been fined £1.45 million (€1.7m-$1.9m) by the...
Ping Europe has been fined £1.45 million (€1.7m-$1.9m) by the U.K.'s Competition and Markets Authority (CMA) for preventing two British retailers from selling its golf clubs on their websites. The CMA has required Ping to stop the ban and to avoid any equivalent ban on other retailers. According to the ...
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News briefs
Active Brands has announced its continued commitment to Johaug, its...
Active Brands has announced its continued commitment to Johaug, its women's sportswear brand, in spite of an 18-month suspension competition decreed for Therese Johaug, the Norwegian cross-country skiing star who the brand is named after. She was recently banned from competition by a judge following a doping charge, but the ...
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News briefs
Heiner Oberrauch, president of the Oberalp Group, has been awarded...
Heiner Oberrauch, president of the Oberalp Group, has been awarded one of the highest honors by the Austrian government. Wolfgang Spadinger, consul general of Austria in Bolzano, pinned the Great Order of Merit to Oberrauch's jacket at the end of August in a ceremony held in the city, where the ...
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News briefs
Fitbit finally presented its Ionic smartwatch, ready for delivery from...
Fitbit finally presented its Ionic smartwatch, ready for delivery from October and priced in the U.S. at $299.50, about $30 more than the original Series 1 Apple Watch, getting the company's battered share price to move up by 6.5 percent. The device is an improved version of Fitbit's PurePulse heart-rate ...
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News briefs
Nike is about to release a version of its Air...
Nike is about to release a version of its Air Max 97 shoe featuring Swarovski crystals, as part of the celebrations for the 20th anniversary of the iconic sneaker. The Swarovski crystals are embedded into the upper of the shoe. It is the first time that Nike Women has used ...
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News briefs
Nike has teamed up with Virgil Abloh, the 36-year-old American...
Nike has teamed up with Virgil Abloh, the 36-year-old American designer, on ten collaborative footwear silhouettes. The collection, named “The Ten,” reimagines ten classic shoes, and is divided into two themes – “Revealing” and “Ghosting.” The collection comprises the Nike Air Max 90, Air Jordan I, Nike Air VaporMax, Nike ...
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News briefs
Following up on the partnership between Louis Vuitton and Supreme,...
Following up on the partnership between Louis Vuitton and Supreme, Hermès is launching a line of expensive skateboards and longboards. Made of maple wood, they feature special sublimation prints that can be matched with some of Hermès silk scarves.
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News briefs
Fjällräven's apparel collection is featuring for the first time Recco's...
Fjällräven's apparel collection is featuring for the first time Recco's rescue system in its autumn/winter 2017/18 collection. The Swedish brand has also started a collaboration with the Swedish Mountain Guides Organization, SBO, by equipping its members and supporting education programs.
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News briefs
Odlo is introducing Flash, a women's training range which brings...
Odlo is introducing Flash, a women's training range which brings out designs each month around a different theme. Every Flash collection features a complete training outfit including a sports bra, top and tights. The development of each product, from the designer brief to the product's arrival on the rack, is ...
