News Briefs – Page 500
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News briefs
Karin Kettler, daughter of Heinz Kettler, the late founder and...
Karin Kettler, daughter of Heinz Kettler, the late founder and owner of the eponymous German sports and leisure equipment company, died earlier this month from injuries sustained in a car accident. She was 57 years old. She was a biologist who took the helm at Kettler in 2005, shortly before ...
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News briefs
Compressport International, a developer of compression garments for triathlon and...
Compressport International, a developer of compression garments for triathlon and ultra-trail running based in Switzerland, has raised €5 million worth of new equity through Calcium Capital. Created in 2008, the company is making an annual turnover of more than €10 million. Its products are distributed in more than 80 countries. ...
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News briefs
Marker Völkl International has licensed out its Völkl ski and...
Marker Völkl International has licensed out its Völkl ski and snowboard apparel line globally to a new company in Stuttgart, Völkl Performance Wear (VPW). It will be run by Robert Schlagenhauf, who has served for many years as division manager for apparel and accessories for the line. The same team ...
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News briefs
Pro Feet, a German producer of socks, headwear and underwear...
Pro Feet, a German producer of socks, headwear and underwear under the H.A.D. and F-lite brands, acquired the Kidneykaren brand of kidney warmers at the beginning of January. Sales of its H.A.D. brand rose by 15-20 percent in Germany in 2016. The H.A.D. brand is distributed in Switzerland, Austria, Russia, ...
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News briefs
SRAM has announced the discontinuation of the production of all...
SRAM has announced the discontinuation of the production of all internal gear hub (IGH), shifters and spare parts. The announcement was made through a letter addressed by the U.S. component maker to its original equipment manufacturer (OEM) customers on Feb. 14, although SRAM said all larger OEM customers had been ...
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News briefs
The shareholders of GfK's holding company, the GfK Verein, have...
The shareholders of GfK's holding company, the GfK Verein, have accepted the acquisition of an 18.54 percent stake in the GfK market research company by Acceleratio Capital N.V., a company controlled by funds advised by Kohlberg Kravis Roberts (KKR). The completion of the transaction is still subject to approval by ...
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News briefs
The number of outstanding shares in the Thule Group will...
The number of outstanding shares in the Thule Group will increase by 1,036,455 to 102,072,910 as a result of an exercise of warrants. All the newly subscribed shares have been sold, resulting in proceeds of about 109.6 million Swedish kronor (€11.6m-$12.2m). The warrants were held by eight senior executives of ...
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News briefs
Sport Press, the Italian publishing company, has launched a new...
Sport Press, the Italian publishing company, has launched a new trade magazine for wearable technologies in our sector, Sportech Magazine, accompanied by a dedicated website, a newsletter and a social network. It joins its other magazines: Point Break, Outdoor Magazine, Running Magazine, Bike4Trade and Sport4Trade.
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News briefs
Adidas has promoted Arthur Hoeld to the position of senior...
Adidas has promoted Arthur Hoeld to the position of senior vice president of brand strategy and business development. The manager, who has been with the group since 1998, is getting rewarded for his successful work as general manager of its fast-growing Adidas Originals segment since 2011, first as senior vice ...
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News briefs
Bob Philion, who has been president and chief executive at...
Bob Philion, who has been president and chief executive at Cobra Puma Golf for the last seven years, has been appointed to take over from Jay Piccola as president of Puma North America. Puma had already announced last year that Piccola would retire around the middle of 2017 after nearly ...
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News briefs
Todd Spaletto, who left recently as president of The North...
Todd Spaletto, who left recently as president of The North Face after six years in the role, is joining Wolverine Worldwide to be the president of its Outdoor and Lifestyle Group, which comprises Merrell, Chaco, Cat Footwear, Hush Puppies and Sebago. Jim Zwiers, a 19-year veteran of the group who ...
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News briefs
Roger Spatz, who has been the president of Eagle Creek...
Roger Spatz, who has been the president of Eagle Creek since 2011, will also serve as president of Reef, another brand of VF Corp. He had already been the chief financial officer of Reef for a brief period during his 12-year tenure at VF.
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News briefs
Frank Voit is stepping down as global general manager of...
Frank Voit is stepping down as global general manager of Element to take up an unspecified position within the GSM group, which also owns Billabong, RVCA and Von Zipper. He is being replaced by David Brooks, who comes from a communication agency, Wassermann, where he worked for brands such as ...
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News briefs
Pou Sheng International has appointed Lee Shao-Wu as chief executive...
Pou Sheng International has appointed Lee Shao-Wu as chief executive officer. He replaces Kwan Heh-Der, who resigned in January after accounting irregularities were discovered at the sportswear retailer. Pou Sheng is owned by Yue Yuen Industrial Limited. Prior to his new appointment at the head of Pou Sheng, Shao-Wu served ...
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News briefs
Vist, the Italian ski and fashion brand, has been selling...
Vist, the Italian ski and fashion brand, has been selling directly in Germany and Austria since the beginning of the year. It was previously working with a distributor. Moreno di Vece, who worked for almost 30 years for Bogner, assumed the position of sales director for Germany and Austria in ...
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News briefs
The Movement brand of skis set up its own subsidiary...
The Movement brand of skis set up its own subsidiary for the French market, directed by Yann Zaccaro, after the expiration of its distribution contract with Cristalp at the end of the last year. The Swiss brand has opened an office in Annecy with a showroom in the Parc des Glaisins. Zaccaro ...
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News briefs
Deuter launched a couple of new digital services for retailers...
Deuter launched a couple of new digital services for retailers last year. The company is offering them all the product descriptions for their online stores or websites. With a “Bazar Voice” program, Deuter collects all comments and evaluations made for its products online. Retailers are then able to add them ...
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News briefs
Wolverine Worldwide reported a relatively strong fourth quarter, as the...
Wolverine Worldwide reported a relatively strong fourth quarter, as the footwear group's turnover was off by 2.9 percent to $729.6 million but its underlying sales inched up by 0.1 percent, despite an unfavorable retail environment. The U.S. group behind Merrell, Saucony and several other brands raised its adjusted operating margin ...
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News briefs
Volcom saw its sales rise at its directly operated stores...
Volcom saw its sales rise at its directly operated stores in 2016, but the brand's overall revenues continued to decline, said its parent company, Kering, which also owns Puma. The action sports brand represented the bulk of the “Other Sport & Lifestyle Brands” segment in Kering's accounts, which showed an ...
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News briefs
Erima reports a sales increase of nearly 11 percent to...
Erima reports a sales increase of nearly 11 percent to a record of €65 million in 2016, thanks in particular to its new Razor 2.0 line of team sports clothing and its new Hybrid line of footballs. It was the third annual double-digit increase in a row for the German ...
