News Briefs – Page 504
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News briefs
Callaway Golf is taking over Ogio International for $75.5 million...
Callaway Golf is taking over Ogio International for $75.5 million in cash, equal to about 7.6 times projected incremental Ebitda after integration costs. Major synergies are expected in the supply chain and go-to-market strategies with Ogio, a specialist supplier of golf bags and apparel that also sells travel luggage, outdoor ...
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News briefs
Jerry Turner is launching Turner Footwear, a collection of performance...
Jerry Turner is launching Turner Footwear, a collection of performance running and workout footwear. Turner, who came out of retirement for the new endeavor, served as president of Brooks in the 1960s and 1970s. While at Brooks, he introduced innovations such as nylon outsoles for cleated products and EVA midsoles ...
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News briefs
Drapers reports that JD Sports & Fashion has acquired 2Squared...
Drapers reports that JD Sports & Fashion has acquired 2Squared Agency, a sales and distribution company from Manchester. The agency is selling brands such as Havaianas, Mercer, Swims and Diadora in the U.K. The agency was established in 2009 by Martyn Harrison and Neil Corrie, who spent several years with ...
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News briefs
Sports Direct International (SDI) has parted ways with its three...
Sports Direct International (SDI) has parted ways with its three brokers and instead appointed Liberum Capital, a relatively small alternative, as its sole corporate broker earlier this week. The three brokers were Goldman Sachs, Citi and Haitong (formerly Espirito Santo). Liberum is one of the few brokerages with a “buy” ...
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News briefs
Gildan Activewear, the big Canadian-based licensed sportswear company, won the...
Gildan Activewear, the big Canadian-based licensed sportswear company, won the auction for the brand and other assets of American Apparel for $88 million against other bidders. Amazon was considering making a bid, according to the Wall Street Journal, but did not. Gildan is not buying American Apparel's network of 110 ...
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News briefs
Faraday Bicycles, a supplier of lightweight electric bicycles based in...
Faraday Bicycles, a supplier of lightweight electric bicycles based in San Francisco, was acquired by Pon Holdings as of the start of this year. Faraday was established in 2012 by Adam Vollmer, a former design engineer, who is to remain its managing director, driving the brand's expansion with his team ...
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News briefs
Marker Dalbello Völkl has embarked on a rebranding exercise, forming...
Marker Dalbello Völkl has embarked on a rebranding exercise, forming the MDV Sports group. The changeover is meant to underscore the ties and the increasingly tight partnership between the three winter sports equipment brands in terms of research, production, sales and marketing. Marker, Dalbello and Völkl will continue to cultivate ...
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News briefs
Together with the two other footwear brands of the recently...
Together with the two other footwear brands of the recently formed Rockport Group – Aravon and Dunham - Rockport is moving its global corporate headquarters from Canton, Massachusetts to another town in the Greater Boston Area. The new head office of the group is located in West Newton and offers ...
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News briefs
Heiner Oberrauch, president of the Oberalp Group and Salewa, has...
Heiner Oberrauch, president of the Oberalp Group and Salewa, has reportedly decided to help refugees by giving them work in the fields that belong to his family. They will help cultivate organic fruits and vegetables that will be sold locally. He will start with about 20 refugees with the idea ...
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News briefs
Sport Partner, Hike & Trekking, Bike & Trekking, E-Bike &...
Sport Partner, Hike & Trekking, Bike & Trekking, E-Bike & Trekking, The Right Size and other Dutch trade magazines are been published by a new company, 333 Media, following the bankruptcy in November of Maruba Sports & Travel Publishers. The new company was started by Maas van Drie, former owner ...
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News briefs
Gerfried Schuller, the founder of Blue Tomato, is reportedly leaving...
Gerfried Schuller, the founder of Blue Tomato, is reportedly leaving the action sports retailer he established nearly three decades ago. He will step down as managing director from the start of February, although he will remain involved with Blue Tomato as a strategic consultant. Ispo.com reports that Schuller's function as ...
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News briefs
Mammut Sports has appointed Adrian Margelist as its new chief...
Mammut Sports has appointed Adrian Margelist as its new chief creative officer, and Matthias Hanny as head of B2C. Margelist and Hanny will both join Mammut's executive management team. They replace Michael Gyssler and Joachim Wallishauser, who are leaving the company. Margelist, whose appointment is effective Apr. 1, has extensive ...
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News briefs
The GSM group has appointed Nigel Gibb as European sales...
The GSM group has appointed Nigel Gibb as European sales director for the Billabong brand, replacing Nicolas Burger who is now working for Alltricks, a French online and offline retailer of bike products. Gibb held a similar function within the GSM group as European sales manager for its Element brand ...
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News briefs
Frank Koch, a veteran of the sporting goods industry, is...
Frank Koch, a veteran of the sporting goods industry, is jumping ship again. He has left as managing director of Sportart3, the licensee for Adidas' boxing and mixed martial arts equipment, citing differences with the company's other new owners. He will be replaced by his partner and former sales director, ...
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News briefs
Michael Maier has been named by Fitbit as country manager...
Michael Maier has been named by Fitbit as country manager for Germany, Austria and Switzerland, replacing Marco Raimann who is now working as key account manager of the company for the Media-Saturn chain of electronic stores. Maier has been with several consumer electronics, most recently with Electrolux.
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News briefs
Salomon, a subsidiary of Amer Sports, has appointed Guillaume Meyzenq...
Salomon, a subsidiary of Amer Sports, has appointed Guillaume Meyzenq as vice president in charge of the brand's footwear category. Meyzenq has been with Salomon since 1996. Most recently, he held the position of vice president of commercial footwear. In his new role, he will be responsible for innovation, design, ...
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News briefs
Henri Lloyd has rejigged its management with the appointment of...
Henri Lloyd has rejigged its management with the appointment of Martin Strzelecki as the sole chief executive for the British sailing apparel brand. Yachts and Yachting reports that he previously shared the job with his brother, Paul Strzelecki. Paul became Henri Lloyd's chairman but he will continue to head the ...
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News briefs
Lance Allega will be the new vice president of investor...
Lance Allega will be the new vice president of investor relations for Under Armour. He was vice president of investor relations and strategic accounts at VF Corp. for the past five years. A former manager at Andersen Consulting, he has been handling investor relations, marketing and other operations at other ...
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VF Corp. has announced the appointment of Joe Alkire as...
VF Corp. has announced the appointment of Joe Alkire as vice president of investor relations and financial planning & analysis, with immediate effect. In this role, he will report to Scott Roe, VF's chief financial officer. He replaces Lance Allega, the former vice president of investor relations & strategic accounts, ...
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News briefs
CEP Compression has appointed Luke Rowe as senior vice president,...
CEP Compression has appointed Luke Rowe as senior vice president, with a mission to further expand the CEP brand in the U.S.. Rowe has 35 years of experience in the sports industry. During the past 13 years, he served as senior vice-president at Fleet Feet Sports, where he was responsible ...