News Briefs – Page 527
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News briefs
With total sales up by 7 percent to 10.7 billion...
With total sales up by 7 percent to 10.7 billion yen (€94.6m-$106.7m), Goldwin reported a comprehensive loss of ¥917 million (€8.1m-$9.1m) for the first quarter ended June 30, up from a loss of 37 million in the year-ago period. Excluding extraordinary items, the quarterly loss declined to ¥62 million (€0.55m-$062m) from ¥214 ...
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News briefs
Descente booked a comprehensive net loss of 1,389 million yen (€12.3m-$13.8m)...
Descente booked a comprehensive net loss of 1,389 million yen (€12.3m-$13.8m) for the first quarter, compared with net income of ¥1,077 million in the year-ago period, for the first quarter to June 30, claiming foreign currency exchange adjustments of ¥2,278 million (€20.1m-$22.7m), apparently related to the appreciation of the yen. Sales ...
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Yonex is having a ball in the newly opened Chinese...
Yonex is having a ball in the newly opened Chinese market with its badminton products. Sales in China led to a jump of 676 percent in the Japanese company's sales in the Asia region – outside Japan - to 4,174 million yen (€36.9m-$41.6m) in its first quarter, ended June 30. ...
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News briefs
Foreign currency losses of 1,118 million yen (€9.8m-€11.1m) and higher...
Foreign currency losses of 1,118 million yen (€9.8m-€11.1m) and higher investments forced Globeride to post a comprehensive net loss of ¥370 million (€3.0-$3.4m) for the first quarter ended June 30 against a profit of ¥582 million in the previous year. New product development and sales promotions allowed the company to ...
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News briefs
Columbia Sportswear has won a summary judgement in Portland federal...
Columbia Sportswear has won a summary judgement in Portland federal court regarding one of the patents covering its Omni-Heat reflective insulation technology. The Oregon judge found that the “overall visual effect” of the dot pattern used by Columbia was “nearly identical” to that of Seirus Innovative Products' range of Heatwave ...
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News briefs
A long-standing legal dispute between Crocs and USA Dawgs is...
A long-standing legal dispute between Crocs and USA Dawgs is taking a new turn with an anti-trust lawsuit launched by the latter company against 18 founders, former and current directors of Crocs. It accuses them of conspiring to fraudulently obtain Crocs' clog patents, using them afterwards to attack competitors. It ...
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News briefs
Eider will include a new “beard-friendly'' ski jacket in its...
Eider will include a new “beard-friendly'' ski jacket in its 2016-2017 winter collection. Using a “Fix A Shape” zipper developed exclusively for the French winter-sports clothing maker by YKK of Japan, the “Shaper” jacket features a concave curve around the upper part of the face combined with a zip fastener ...
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News briefs
Patagonia has announced that its Nano Puff styles will now...
Patagonia has announced that its Nano Puff styles will now use PrimaLoft Gold Insulation Eco, an eco-friendly synthetic insulation made with 55 percent recycled content. PrimaLoft presented Gold Insulation Eco at the recent OutDoor exhibition in Friedrichshafen in mid-July. PrimaLoft Gold Insulation Eco will be featured exclusively in the Nano ...
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News briefs
Chervò has launched a new online app advising golfers on...
Chervò has launched a new online app advising golfers on the weather forecast and the most suitable outfit to wear for the conditions. The app can be downloaded for free from the App Store for iPhone and iPad users. This is the first-ever app that the Italian golf and leisure ...
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News briefs
Dynafit is voluntarily recalling all the men's and women's models...
Dynafit is voluntarily recalling all the men's and women's models of its Khion boot in the U.S. because of an undisclosed safety issue that could cause a fall or an injury. The users are entitled to a new ski boot or a refund.
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News briefs
The German Olympic Sports Confederation (DOSB), which was formed from...
The German Olympic Sports Confederation (DOSB), which was formed from the tie-up between the German Sports Confederation and the National Olympic Committee for Germany ten years ago, has extended its partnership with Adidas. The company's latest deal as official sponsor and outfitter covers four winter and summer Olympic Games until ...
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News briefs
Nike has released “Unlimited Together,” a new film celebrating the...
Nike has released “Unlimited Together,” a new film celebrating the strength of the U.S. men's and women's basketball teams in pursuit of the shared goal of the Olympic gold medal. The film is directed by Hiro Murai and is part of Nike\'s “Unlimited” campaign, which celebrates athletes around the world, ...
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News briefs
Speedo has announced the launch of a new website for...
Speedo has announced the launch of a new website for China – speedo.com.cn – to meet the rapid growth of the local swimwear market. The company said the preparation for the launch required 18 months of collaborative work between its teams at its Nottingham headquarters, in the U.K., Hong Kong, ...
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News briefs
The organizers of the Outdoor Retailer Winter Market have started...
The organizers of the Outdoor Retailer Winter Market have started discussing the idea of an agreement with Snowsports Industries of America, which organizes the SIA snow show in Denver. The idea is that Outdoor Retailer would hold a softgoods-only show in Salt Lake City in November, starting in 2017, while ...
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News briefs
EFFTA, the European fishing tackle industry association, confirms that Budapest...
EFFTA, the European fishing tackle industry association, confirms that Budapest will be the venue for its annual EFTTEX show next year, followed by Amsterdam in 2018, and that it is looking at other potential venues for 2019 and 2020. Reportedly, exhibitors prefer Amsterdam, but the organizers indicate that it is ...
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News briefs
The International Olympic Committee (IOC) approved on Aug. 3 five...
The International Olympic Committee (IOC) approved on Aug. 3 five new sports for the 2020 Olympic Games in Tokyo. The 2020 Games will include skateboarding, surfing, karate, climbing and baseball/softball. These will not replace any of the 28 sports already on the schedule, and the athlete and event quotas of ...
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News briefs
Nine leading sports brands worked together to supply free competition...
Nine leading sports brands worked together to supply free competition gear to hundreds of athletes at the Rio Olympics, under the first NOC Competition Uniform Support Programme. As described earlier this year, the partnership led by the International Olympic Committee (IOC), the World Federation of the Sporting Goods Industry (WFSGI) ...
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News briefs
Jart of Spain will produce 100 skateboards, designed by Eduardo...
Jart of Spain will produce 100 skateboards, designed by Eduardo Chillida, to help poor populations in India as part of its project Solidarity on Wheels. The proceeds from the sale of these skateboards will be used to build a colony of 15 houses in one of the most impoverished areas ...
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News briefs
Sports Direct International said it will commence a buyback program...
Sports Direct International said it will commence a buyback program for up to 29,923,243 shares, representing about 5 percent of its share capital, for an aggregate maximum outlay of £89,769,729 (€106,604,549-$118,030,796). Citigroup Global Markets will undertake the buyback in behalf of SDI until the annual general meeting of Sept. 7, ...
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News briefs
Following Nike's good results for the financial year ended May...
Following Nike's good results for the financial year ended May 31, Mark Parker, the chief executive, got a $33.5 million award as part of an incentive plan announced last year, which is intended to keep him at the company through 2020, when it is supposed to reach a turnover of ...
