News Briefs – Page 540
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News briefs
Keller Sports, the German high-end pure internet retailer, has decided...
Keller Sports, the German high-end pure internet retailer, has decided to open its first physical store. Its so-called Brand Experience Store will open its door on June 22 at Auenstrasse 120 in Munich.
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News briefs
Nike plans to reopen its store on Barcelona's Paseo de...
Nike plans to reopen its store on Barcelona's Paseo de Gràcia on May 12 after a major transformation. The 543-square-meter space will focus on running. It will be the headquarters of Barcelona's Nike+ Club. It will feature several services including Nike ID, stride analysis, coaching, bra fitting and the advice ...
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News briefs
Vibram has opened its first flagship store in Athens, called...
Vibram has opened its first flagship store in Athens, called the Vibram Athens Academy. This first store represents an evolution from the Vibram Sole Factor trucks, which have been traveling around Europe, offering customers the opportunity to improve the performance of their shoes by choosing a sole from the brand's ...
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News briefs
Since last month, Stockholm has a new sneaker store. Solestory...
Since last month, Stockholm has a new sneaker store. Solestory is a modern shoe store that is inclined toward basketball and attempts to tell the story behind each model it sells. It is located in the middle of the city and is 150 square meters wide, plus a small stock ...
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News briefs
Intersport Austria continues to perform well, reporting a 10 percent...
Intersport Austria continues to perform well, reporting a 10 percent increase in sales for the first half of its financial year through to the end of March. As in the past year, it was probably aided by ongoing problems at Sport Eybl under the ownership of Sports Direct International. Aside ...
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News briefs
Wintersteiger's sports segment raised its sales by more than 5...
Wintersteiger's sports segment raised its sales by more than 5 percent last year, reaching a record level, thanks to the strength of the U.S. dollar and the Swiss franc, combined with the adoption of its latest ski maintenance equipment at large projects in Austria and South Tyrol. The segment represents ...
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News briefs
The acquisition of Camelbak and Jimmy Styx boosted sales and...
The acquisition of Camelbak and Jimmy Styx boosted sales and profits at Vista Outdoor in the fourth quarter ended March 31. Vista reported a 26 percent increase in total revenues to $612.3 million and a 135 percent jump in net profit to $37.3 million for the period. Organically, sales were ...
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News briefs
Fitbit performed better than expected in the first quarter ended...
Fitbit performed better than expected in the first quarter ended March 31 with sales rising by 50 percent to $336.7 million, boosted by the new Alta and Blaze models. Sales rose by 33 percent in the U.S., by 113 percent in Europe, the Middle East and Africa, and by 142 ...
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News briefs
Skullcandy reported a net loss of $4.9 million on one...
Skullcandy reported a net loss of $4.9 million on one percent higher sales of $46.3 million for the first quarter, blaming the ongoing clean-up of its distribution in China. Sales increased by 4 percent in the U.S. They declined by 3 percent in the rest of the world, in spite ...
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News briefs
Giant Bicycle doubled its net profit to 916.7 million Taiwan...
Giant Bicycle doubled its net profit to 916.7 million Taiwan dollars (€24.8m-$28.1m) in the first quarter because of a one-time charge of TWD 655 million (€17.8m-$20.1m) taken last year that was not repeated. Revenues slid by 2 percent to TWD 14.4 billion (€389.8m-$441.2m) and the gross margin dropped by 1.4 ...
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News briefs
Globeride suffered a 79 percent drop in net income to...
Globeride suffered a 79 percent drop in net income to 859 million yen (€7.0m-$7.9m) for the financial year ended last March 31, although its sales went up by 7 percent to ¥79.02 billion (€640.4m-$725.0m). For the current financial year, the former Daiwa Seiko is predicting an operating profit of ¥3.7 ...
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News briefs
Descente's sales climbed by 10.3 percent to ¥135,778 million (€1,098.8m-$1,247.1m)...
Descente's sales climbed by 10.3 percent to ¥135,778 million (€1,098.8m-$1,247.1m) for the fiscal year until the end of March 2016, with nearly stagnant sales in Japan but expansion in other markets. The Japanese winter sports apparel brand and supplier of many other branded sports products lifted its sales by just ...
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News briefs
Yonex raised its sales by 13.7 percent to 54,159 million...
Yonex raised its sales by 13.7 percent to 54,159 million Japanese yen (€437.9m-$495.7m) for the full year to the end of March. The operating income of the Japanese racquet sports and golf company soared by 57.5 percent to ¥3,279 million (€26.5m-$30.0m) and its net profit was up by 31.4 percent ...
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News briefs
Sporting goods sales showed an 11.3 percent increase for the...
Sporting goods sales showed an 11.3 percent increase for the month of March in Sweden from the same period last year. This confirms the sporting goods sector as one of the fastest ones at retail during the first quarter of 2016. After starting the year with cold weather and snow, ...
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News briefs
The average number of rounds of golf played across England,...
The average number of rounds of golf played across England, Scotland and Wales decreased by 7.5 percent in the first quarter of 2016 compared with the same period in 2015, following on from a disappointing final quarter of 2015. According to Sports Marketing Surveys (SMS), which released the latest golf ...
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News briefs
Adidas and Under Armour (UA) have reportedly settled a patent...
Adidas and Under Armour (UA) have reportedly settled a patent infringement lawsuit over wearable technology, which had been filed in Delaware by Adidas in February 2014 against UA and its subsidiary MapMayFitness. The dispute concerned 10 patents for a “location-aware” wearable tracking device that allows its users to monitor data ...
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News briefs
Under Armour (UA) said it will pursue all business and...
Under Armour (UA) said it will pursue all business and legal courses of action against Uncle Martian, a Chinese brand accused by UA of plagiarism. The Chinese brand allegedly used a logo very similar to UA's in a recent launch event whose pictures went viral on China's social networks. Similarly ...
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News briefs
Camtex Fabrics, the maker of the Cambrelle moisture-absorbing footwear lining,...
Camtex Fabrics, the maker of the Cambrelle moisture-absorbing footwear lining, has won a decision in a Chinese court against Wenzhou Superteng, a company that was accused of infringing the Cambrelle patents. After a two-year battle, the Zhejiang Province Rui-an City People's Court has found that Wenzhou Superteng infringed Article 57 ...
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Pascal Aymar, the seasoned French executive who helped build up...
Pascal Aymar, the seasoned French executive who helped build up the rather successful master's degree program in sporting goods industry management at the EMLyon business school in the past two-three years, has resigned from his post. His successor has not yet been named. Aymar has decided to lead a broader ...
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News briefs
Puma has launched a programmable, self-driving and line-following robot to...
Puma has launched a programmable, self-driving and line-following robot to stimulate runners by giving them a moving target to beat, instead of just a stopwatch. Developed in partnership with MIT engineering graduates, the Beatbot is meant to help runners improve their performance in real time. They can enter the time ...
