News Briefs – Page 526
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News briefs
Mifa has been granted a €3 million subsidy from the...
Mifa has been granted a €3 million subsidy from the state of Saxony-Anhalt in Germany for the construction of a new bicycle factory in Sangerhausen. The company will invest a total of around €20 million in the new facility, whose construction is expected to be completed by the end of ...
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News briefs
To cope with its strong growth, Erima has bought an...
To cope with its strong growth, Erima has bought an additional 12,000-square-meter parcel of land at Kirchentellinsfurt to accommodate a new logistic center that should be opened toward the middle of 2017. It will be added to the adjoining surface of 12,000 m² where its new headquarters will be built ...
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News briefs
K- Swiss Global Brands is planning to relocate its global...
K- Swiss Global Brands is planning to relocate its global headquarters from Westlake Village, California to the Pac Mutual Building in downtown Los Angeles by Jan. 1, 2017. The new facility will house global operations for K-Swiss and the sister brands Supra, Palladium and Otz Shoes, as well as operations ...
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News briefs
Wolverine Worldwide's board of directors has authorized a new stock...
Wolverine Worldwide's board of directors has authorized a new stock repurchase program for up to $300 million, replacing the balance of a program it had approved in 2014. The company will also issue 10-year bonds with a face value of $250 million that will help redeem a series of outstanding ...
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News briefs
Ulf Kinneson has resigned as chief executive of Intersport Sweden...
Ulf Kinneson has resigned as chief executive of Intersport Sweden after 3.5 years in the post, where he played a crucial role in transforming the buying group into an integrated retailer through a change of ownership. He will continue as a director of Intersport Sweden, and he will also join ...
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News briefs
Stefan Rosenkranz and Reinhold Hugo, who have been acting as...
Stefan Rosenkranz and Reinhold Hugo, who have been acting as country managers of Salewa Sport for Germany and Switzerland, respectively, are going to leave the Oberalp Group as part of the reorganization of its activities in Central Europe. Christoph Mannel, who has been the general manager of Oberalp Austria since ...
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News briefs
Siegfried Passreiter, who is now 61 years old, has retired...
Siegfried Passreiter, who is now 61 years old, has retired from Fischer and Löffler after 18 years of work for the Austrian company, where he acted most recently as managing director of its German subsidiary. As planned, his position has been taken over by Walter Wensauer, sales manager of the ...
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News briefs
Willy Bogner has appointed two new members to its executive...
Willy Bogner has appointed two new members to its executive board. Both of them have worked at Hugo Boss before, among other stations. One of the new members is Christian Ender, who joined Bogner at the beginning of this year to act as international sales manager. He will be responsible ...
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News briefs
Massimiliano Brunazzo is to take over at the start of...
Massimiliano Brunazzo is to take over at the start of October as the general manager for the business unit covering the training category at the Adidas Group. He takes over from Brian Grevy, who obtained the job two years ago and has left the group, apparently to become chief marketing ...
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News briefs
In a bid to bolster its accelerating international business, Under...
In a bid to bolster its accelerating international business, Under Armour has named a company veteran, Kip Fulks, as chief product officer, and recruited two new executives to its senior management team - Colin Browne as president of global sourcing, and Andy Donkin as chief marketing officer. Both men will ...
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News briefs
Wolverine Worldwide has announced the appointment of Mike Jeppesen, the...
Wolverine Worldwide has announced the appointment of Mike Jeppesen, the current president of its Global Operations Group, to an expanded role as president of the Wolverine Heritage Group, which includes the Wolverine, Harley-Davidson, Bates, and HyTest brands. He takes over from Ted Gedra, who has recently retired after 30 years ...
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News briefs
Ecco Golf has announced the appointment of Andrzej Bikowski as...
Ecco Golf has announced the appointment of Andrzej Bikowski as its new lead designer, effective Aug. 15. Most recently, he was head of the design team at Ecco Sport. As an expert in industrial design and the shoe making process, Bikowski has worked at a number of lifestyle and sports ...
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News briefs
Bridgestone Golf has hired Angel Ilagan as president and chief...
Bridgestone Golf has hired Angel Ilagan as president and chief executive, responsible for overseeing all aspects of the specialty sports-equipment maker's core business functions, including product planning, sales, marketing and customer operations. Ilagan comes with broad experience in marketing and luxury goods. Before joining the Covington, Georgia-based subsidiary of Bridgestone ...
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News briefs
Sole Technology has appointed Esmail Mawjee as interim president of...
Sole Technology has appointed Esmail Mawjee as interim president of the company. Sole Technology's brands include Etnies, éS, Emerica, Altamont, ThirtyTwo and STI Lab. In his new position, Mawjee will report directly to the owner and chief executive officer, Pierre-André Senizergues. Mawjee most recently served as president of the Active ...
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News briefs
Lululemon has announced the resignation of Rhoda Pitcher effective Aug....
Lululemon has announced the resignation of Rhoda Pitcher effective Aug. 3. Pitcher is the longest-serving board member whose very existence as a real person was questioned this summer by an article in TheStreet.com. A reporter from the news outlet was allegedly unable to reach her and questioned her educational credentials, ...
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News briefs
Ecco Golf and American Golf Supplies (AGS), a Sydney-based private...
Ecco Golf and American Golf Supplies (AGS), a Sydney-based private company, have announced a new partnership which will see AGS as the new distributor of Ecco Golf shoes in Australia. This agreement will replace the current distribution by Ecco Shoes Pacific. AGS, which has been owned by Paul and Kim ...
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News briefs
Reusch, which claims to have been the most successful brand...
Reusch, which claims to have been the most successful brand of snow gloves in the 2015/16 World Ski Cup, has announced its sponsorship of the Norwegian Ski Federation, starting with the 2016/17 season. The company said at the same time that it is looking for the right distribution partner in ...
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News briefs
JD Sports will have a second store on London's Oxford...
JD Sports will have a second store on London's Oxford Street, located within the West One shopping center above the Bond Street tube station. The retailer already has a store at the east end of Oxford Street.
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News briefs
Zalando posted a 25 percent sales increase to €916.4 million...
Zalando posted a 25 percent sales increase to €916.4 million for the second quarter against the same period of 2015. Earnings before interest and taxation (Ebit) almost tripled to €80.9 million. The Berlin-based fashion e-tailer said the number of active customers grew to 18.8 million by the end of the ...
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News briefs
Giant Manufacturing Co. has reported a 3.7 percent drop in...
Giant Manufacturing Co. has reported a 3.7 percent drop in total sales to 29.08 billion Taiwan dollars (€833m-$941m) for the first half of this year. Net income fell by 5 percent to TWD 1.69 billion (€48.5m-€54.8m). The company produced a total of 2.56 million bicycles during the period.
