News Briefs – Page 530
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News briefs
Puma is strengthening its presence in the German women's football...
Puma is strengthening its presence in the German women's football segment. Lina Magull, Svenja Huth, Isabel Kerschowski and Mandy Islacker, members of the German women's football team, have signed an agreement with Puma for the supply of training and performance footwear.
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News briefs
Camelbak will be the official hydration sponsor of the Ultra-Trail...
Camelbak will be the official hydration sponsor of the Ultra-Trail du Mont-Blanc (UTMB), running from Aug. 22 to 28 and will provide free, freshly filtered water to the 50,000 attendees expected for the event. Camelbak water stations will be located throughout the UTMB Village in Chamonix, where the brand will ...
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News briefs
Ispo Shanghai confirmed itself as multi-segment sporting goods show in...
Ispo Shanghai confirmed itself as multi-segment sporting goods show in the Asian market. The number of brands exhibiting at the second edition of the fair, which took place on July 6-8, increased by 32 percent to 470 companies representing about 500 labels. However, the number of visitors declined from nearly ...
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News briefs
Ispo has launched a new job portal for the international...
Ispo has launched a new job portal for the international sports business. “Ispo Job Market” is an extension of Ispo's broad service portfolio. The new cross-segment portal is already online at www.ispo.com/jobs. In addition, Ispo will be offering employers a dedicated recruitment service, in partnership with Sportyjob and AG Sport ...
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News briefs
Bike Europe will be holding its first conference on supply...
Bike Europe will be holding its first conference on supply chain flexibility on Aug. 30, the day before the opening of Eurobike 2016, which will run from Aug. 31 to Sept. 4 in Friedrichshafen, Germany. The new conference, which is entitled “Supply Chain – Increased Speed to Market Conference,” will ...
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News briefs
Timberland, a brand of VF Corp., has announced a program...
Timberland, a brand of VF Corp., has announced a program to restore and create green spaces in five U.S. cities by 2020. Each year for the next five years, the brand will choose a different city with a Timberland store, beginning with New York City, and will match its retail ...
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News briefs
Patagonia said it will start working with the Outdoor Industry...
Patagonia said it will start working with the Outdoor Industry Association in the U.S. to assess the potential threats of fleece and apparel made with synthetic materials for the environment. The new program follows research, commissioned by Patagonia, showing that this kind of clothing is likely to cause a significant ...
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News briefs
Billabong International has agreed to sell Sector 9, its San...
Billabong International has agreed to sell Sector 9, its San Diego-based skate hardware brand, for $12 million to an affiliate of Bravo Sports, which is part of Transom Capital's portfolio. Neil Fiske, Billabong's chief executive, said in a statement that the company's priority was to lift the performance of its ...
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News briefs
The management and the administrator of the McGregor group said...
The management and the administrator of the McGregor group said that they filed for bankruptcy at a court in Amsterdam on June 27 for eleven out of more than 50 entities belonging to the Dutch owner of Gaastra, the nautical brand. The eleven entities include Gaastra International Sportswear, Gaastra International ...
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News briefs
VF Corp. has sold its Contemporary Brands unit to Delta...
VF Corp. has sold its Contemporary Brands unit to Delta Galil Industries, an Israel-based supplier of branded and private label products, for $130 million. The division had an operating margin of 1.8 percent on sales of $344 million in 2015. The brands being sold are Seven for All Mankind, Ella ...
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News briefs
François-Henri Pinault, chairman and chief executive of Kering, which owns...
François-Henri Pinault, chairman and chief executive of Kering, which owns Puma and Volcom along with a gang of luxury brands, has told the Financial Times that the group intends to hold on to its majority stake in the sports company until at least 2018. He thus slapped down persistent rumors ...
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News briefs
A group of Swiss-based investors has acquired Varlion, one of...
A group of Swiss-based investors has acquired Varlion, one of the major Spanish brands of pádel tennis. The production of its racquets will remain in the hands of Varlion's founder, Félix Regalía. The new owners have also set up two new companies, Ranelmo and CRG Sports, which will handle the ...
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News briefs
Shimano Europe has announced the signing of a deal for...
Shimano Europe has announced the signing of a deal for the acquisition of Lazer Sport, the Belgian helmet company. The two companies expect to close the transaction, which is subject to customary closing conditions, in the second half of the year. Lazer, founded in 1919, designs, manufactures and markets its ...
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News briefs
Wiggle expects to complete shortly the acquisition of Chain Reaction...
Wiggle expects to complete shortly the acquisition of Chain Reaction Cycles and associated operations following clearance of the deal by the U.K. anti-trust authorities. The two companies will form a new group called Wiggle CRC. Brian McBride would act as chairman and Stefan Barden as chief executive. The managing director ...
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News briefs
Thule Group has taken over the leading Dutch supplier of...
Thule Group has taken over the leading Dutch supplier of child bike seats, GMG, which generated sales of €6.1 million last year, mainly with its Yepp brand. The purchase price is €10 million, free of debt and cash. Thule, which is already a strong player in the segment, says the ...
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News briefs
Backed by Berkshire Partners, Implus has taken over Spenco Medical...
Backed by Berkshire Partners, Implus has taken over Spenco Medical Corp.'s insole business and its 2nd Skin medical adhesive line. It will integrate them into its insole business, which comprises the Sof Sole and Sof Comfort brands among others. Implus will also acquire Spenco's Canadian operations. The remaining operations of ...
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News briefs
The Incipio Group said that one of its subsidiaries started...
The Incipio Group said that one of its subsidiaries started a tender offer for Skullcandy at a price of $5.75 per share in cash, which was agreed on June 23 with the board of the U.S. headphones maker. Incipio's offer amounted to about $177 million. The group is already involved ...
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News briefs
Skechers has moved to bigger offices for its British subsidiary,...
Skechers has moved to bigger offices for its British subsidiary, as it continues to expand across Europe. It moved from Potters Bar, north of London, to a nearby facility of about 1,600 square meters in St Albans, with nine showrooms and plenty of multi-media technology. Rapid growth in the U.K. ...
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News briefs
JD Sports Fashion discloses that Brian Small, chief financial officer...
JD Sports Fashion discloses that Brian Small, chief financial officer of the group, bought 5,000 shares in the company on July 7 at a price of £10.92. The purchase raises his total holdings in the company to 100,800 shares, representing a stake of 0.05 percent.
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News briefs
Oliver Pabst, the 50-year-old German manager who left as executive...
Oliver Pabst, the 50-year-old German manager who left as executive board member in charge of sales and marketing at Willy Bogner a few months ago after nine years with that company, will take up the role of chief executive of the Mammut Sports Group on Sept. 1. He will replace ...
