News Briefs – Page 486
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News briefs
Alchemy Equipment, the New Zealand brand of contemporary urban apparel...
Alchemy Equipment, the New Zealand brand of contemporary urban apparel with performance functions, has appointed Big Bear as its distributor for the U.K. and Ireland. The brand is already available from a few British stores, such as two Snow & Rock stores, which have been covered directly from New Zealand ...
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News briefs
Clarín, an Argentinian newspaper, reports that Under Armour and Asics...
Clarín, an Argentinian newspaper, reports that Under Armour and Asics are both preparing to set up their own business in the country. It explains that Under Armour was distributed in the country through Grupo Vieytes but that the agreement expired last year and that the U.S. brand intends to expand ...
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News briefs
In the last few days, Sports Direct International bought a...
In the last few days, Sports Direct International bought a few million more shares in Finish Line, the U.S. sports retailer, building up to a total of 5,941,248 shares, or 14.7 percent of its equity. A few days earlier, SDI had declared a stake of 9.21 percent in Finish Line. ...
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SportScheck has acquired an unspecified number of shares in Fitfox.de,...
SportScheck has acquired an unspecified number of shares in Fitfox.de, an online platform for fitness enthusiasts, based in Hamburg, that offers special day, weekly and monthly tickets for fitness studios. Consumers don't have to sign up for a subscription. Prices start from €7 per day to €40 per month. In ...
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Bic Sport is taking over the global rights for SIC...
Bic Sport is taking over the global rights for SIC Maui, the stand-up paddle sports brand of Flow Sports. The word SIC stands for Sandwich Island Composites. Bic will give the brand a premium performance positioning, ensuring its distribution in more than 90 countries. Bic Sport is already a major ...
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News briefs
Wolverine Worldwide is going ahead with its slimming-down program by...
Wolverine Worldwide is going ahead with its slimming-down program by licensing out its Stride-Rite brand of children's shoes. After closing all its Stride-Rite retail stores, it has signed a global, long-term license for the brand with Vida Shoes International, a company that runs a portfolio of more than a dozen ...
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News briefs
Zalando released details of a planned new €30 million logistics...
Zalando released details of a planned new €30 million logistics center in Sweden. Located in Brunna near Stockholm, the distribution center will be operational by the end of the year, with up to 300 employees. The goal is to significantly reduce the time required fopr deliveries of parcels in all ...
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The Samwer brothers have sold a 3.8 percent share in...
The Samwer brothers have sold a 3.8 percent share in Zalando for approximately €375 million. The trio, who were the main investors in the European online retailer of fashion and sports apparel during the start-up phase, further reduced their stake to 4.99 percent. With the sale, a Scottish investment firm, ...
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News briefs
Rapala VMC Corp. is issuing a hybrid bond on May...
Rapala VMC Corp. is issuing a hybrid bond on May 31, 2017 to raise €25 million, granting holders a fixed annual interest rate of 5.375 percent until May 31, 2019. The hybrid bond has no maturity rate but Rapala can redeem it after two years. The transaction, which has already ...
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Cornelis Hendrik (Cees) de Witte stopped working on May 1...
Cornelis Hendrik (Cees) de Witte stopped working on May 1 as chief executive of X-Bionic, the Swiss developer of high-tech sportswear and socks, after nine months in the post. The reasons for his departure and the new management structure could not be determined at the time of going to press. ...
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News briefs
Reebok International has appointed Chris Froio as general manager of...
Reebok International has appointed Chris Froio as general manager of Reebok America. The 25-year veteran of the brand had been in charge of Western Europe since February 2016, with excellent results. The brand's sales in the region rose by 25 percent in the first quarter, driven by training, a category ...
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News briefs
Intersport España, one of the national Intersport organizations that are...
Intersport España, one of the national Intersport organizations that are acting as pilots for new digital retail services, has appointed Mónica Martín to the role of digital manager of the voluntary group. She comes from a digital consultancy, Splio, that has been working with major chains of fashion and sports ...
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News briefs
Salomon has a new manager in charge of e-commerce and...
Salomon has a new manager in charge of e-commerce and digital operations, Axel Dutreil, with global responsibilities. The 37-year-old has worked for Kusmi Tea, The Kooples, L'Oréal and most recently for Célio, a French chain of apparel stores.
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News briefs
Following an extensive global search, Billabong International has selected Jim...
Following an extensive global search, Billabong International has selected Jim Howell to be its new chief financial officer, replacing Peter Myers who has been in the role since January 2013, starting on June 12. Noting that Myers played a key role in its reorganization, the company said the change was ...
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News briefs
Steve Holley has been promoted as chief executive for Huf...
Steve Holley has been promoted as chief executive for Huf and Lakai, the two skateboarding apparel and footwear brands of Huf Worldwide, taking on some of the responsibilities of Keith Hufnagel, the skateboarding pro who founded the American company in 2002. The nomination follows an investment made in Huf last ...
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News briefs
Wolverine Worldwide has recruited Sue Rechner and appointed her as...
Wolverine Worldwide has recruited Sue Rechner and appointed her as president of Merrell, reporting to Todd Spaletto, who was recently named president of Wolverine's broader Outdoor & Lifestyle Group. Rechner has been for more than 25 years in the outdoor industry, including stations as president of Victorinox Swiss Army in ...
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News briefs
The Australian Financial Review reports that Decathlon, the French sports...
The Australian Financial Review reports that Decathlon, the French sports retailer, plans to open 100 stores in Australia. Decathlon moved into the Australian market about one year ago with an online store, as part of a much wider expansion plan that has seen it target markets in South East Asia ...
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Under Armour (UA) has opened a 400-square-meter flagship store near...
Under Armour (UA) has opened a 400-square-meter flagship store near Bergamo, Italy, at the Oriocenter shopping center. It is the first flagship store for the U.S. activewear brand in Italy. The opening follows the signing of a seven-year distribution agreement for Italy with Oberalp in May 2016. The deal is ...
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News briefs
Gola, the British sports brand owned by the Jacobson Group,...
Gola, the British sports brand owned by the Jacobson Group, has announced an agreement with Madras for the distribution in Japan of Gola Classics shoes and accessories. In the course of the current spring/summer season, a limited edition of Gola Classics made in England will be presented at pop-up concessions ...
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Dunlop of Japan turned around to net profit of 602...
Dunlop of Japan turned around to net profit of 602 million yen (€4.85m-$5.44m) in the first three months of this year from a loss of ¥864 million in the year-ago period, thanks to cost cuts. Sales were essentially flat overall and in each major category and each major market. They totaled ...
