News Briefs – Page 548
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News briefs
Acting more like a marketplace, Zalando plans to introduce same-day...
Acting more like a marketplace, Zalando plans to introduce same-day delivery by sending orders directly from a retailer's store, instead of a warehouse, to the customer's home. Europe's largest online fashion retailer believes that this would shorten delivery times, increase stock availability and cut logistics costs in the long term. ...
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News briefs
Conzzeta Group, the Swiss holding company that controls the Mammut...
Conzzeta Group, the Swiss holding company that controls the Mammut Sports Group, reports that the outdoor company's operating result and operational cash flow will be adversely affected in the coming years by the costs of a five-year strategic program, after a drop in sales and operating result last year. Conzzeta ...
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News briefs
Alibaba is likely to overtake Walmart as the world's largest...
Alibaba is likely to overtake Walmart as the world's largest retail platform in its fiscal year ending March 31. The Chinese e-commerce giant indicated that it had reached 3 trillion yuan renminbi (€412bn-$462bn) in gross merchandise value (GMV) as of March 21. The figure, achieved on the back of consumption-driven ...
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News briefs
Safilo Group has reported a low single-digit increase for Smith...
Safilo Group has reported a low single-digit increase for Smith Sports Optics, with strong sales in a declining North American snow sports market for its products. The parent company said that Smith is also on track in its core products in Europe, but its position in eyewear needs improvement. The ...
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News briefs
Pegasus International posted $4.4 million in net losses for its...
Pegasus International posted $4.4 million in net losses for its fiscal year, ended Dec. 31, marking a dramatic plunge from a net profit of $184,000 in 2014 due to a $5.4 million loss on exchange rate differences. Sales contracted by 3.7 percent to $74.7 million, as low double-digit declines in ...
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News briefs
Exports of complete bicycles from Taiwan increased by just over...
Exports of complete bicycles from Taiwan increased by just over 10 percent to $1.9 billion in 2015, according to the Taiwan Bicycle Association (TBA). The export volume for complete bicycles was up by 6.55 percent to 4 million units, and the unit price moved up by 3.27 percent to $474.02. ...
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News briefs
The Federation of Sports and Play Associations (FSPA) has published...
The Federation of Sports and Play Associations (FSPA) has published a position paper regarding geo-blocking and other geographically-based restrictions when shopping and accessing information in the E.U. The U.K. trade body acknowledges that there are substantial barriers to the digital single market due to diverging legislation and different VAT rates. ...
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News briefs
A class action lawsuit, covering shareholders who acquired stock between...
A class action lawsuit, covering shareholders who acquired stock between Aug. 27, 2015 and March 7, 2016, has been filed against Performance Sports Group (PSG) after the company announced it would miss its most recent earnings forecast. PSG is accused of making false statements about the health of its business ...
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News briefs
The VTT Technical Research Centre, a research and technology company...
The VTT Technical Research Centre, a research and technology company based in Finland, has developed a new technology that is said to control the thermal, moisture and flow-technical behavior of smart clothing. The technology can calculate whether the wearer needs to be warmed or cooled based on data measured from ...
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News briefs
Vibram, in collaboration with InStep NanoPower, Instituto Italiano di Tecnologia...
Vibram, in collaboration with InStep NanoPower, Instituto Italiano di Tecnologia and the University of Wisconsin, has developed an inexpensive prototype that is capable of converting kinetic energy into electrical energy, which can in turn be used to power smartphones or other electrical devices. Termed the Hero (for “Harvesting of Energy ...
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News briefs
Zyloware Eyewear has announced a multi-year license for the launch...
Zyloware Eyewear has announced a multi-year license for the launch of Shaquille O'Neal Eyewear, a new optical eyewear collection, which will be available in April. The sports-inspired collection has been designed for men aged 18 to 50 who seek fashionable, high-quality frames at an attainable price, the company said. The ...
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News briefs
Macron continues to make strides in rugby with the announcement...
Macron continues to make strides in rugby with the announcement of a major 10-year deal as the new official technical kit supplier of the Northampton Saints, taking the place of Burrda, from the next season. The English rugby club, which plays in the Aviva Premiership, is one of the biggest ...
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News briefs
Garneau will sponsor Trevor and Heather Wurtele, a Canadian professional...
Garneau will sponsor Trevor and Heather Wurtele, a Canadian professional triathlete couple who holds multiple Ironman Triathlon titles between them, for the 2016 season. The Canadian sports apparel and accessories maker will sponsor helmets, cycling shoes, cycling and triathlon apparel.
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News briefs
Nike has struck a multi-year sponsorship contract with a newly...
Nike has struck a multi-year sponsorship contract with a newly formed American football club, San Antonio, that has joined the United Soccer League. The club is owned by Spurs Sports & Entertainment, the same company that owns the San Antonio Spurs basketball club.
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News briefs
The Windsor Running Festival will have Hoka One One as...
The Windsor Running Festival will have Hoka One One as its official sportswear partner for 2016. The festival, currently in its 34th year, is one of the oldest running events in the U.K. and comprises the Windsor Half Marathon and the Running4Women Windsor 10K. Through the partnership, the French running ...
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News briefs
CEP Compression, the specialist in performance compression socks and sportswear,...
CEP Compression, the specialist in performance compression socks and sportswear, has announced that it will be outfitting the Cannondale Pro Cycling Team. The Boulder, Colorado-based team is among the top-ranked teams of the UCI World Tour road circuit. CEP will provide the team with Recovery+ socks and Recovery+Pro tights. The ...
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News briefs
The latest winter edition of Sport-Achat, the French trade fair...
The latest winter edition of Sport-Achat, the French trade fair held on March 7-9, saw the number of visitors decline by 3.8 percent but organizers said the number of visiting companies remained stable. Although the warm winter weather has been an issue for some parts of the French market, the ...
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News briefs
Expo Sports, the running fair held around the Barcelona marathon,...
Expo Sports, the running fair held around the Barcelona marathon, attracted a record number of more than 62,000 visitors this year, making it the largest running fair in Spain. This is partly because runners had to get to the fair in order to pick up their bibs. The exhibition area ...
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News briefs
Sun & Sand Sports, a leading sports distributor and retailer...
Sun & Sand Sports, a leading sports distributor and retailer in the Middle East, will be the headline sponsor of the second edition of the Dubai Fitness Fest, which is scheduled to take place on Nov. 4-5 this year at SkyDive Dubai in the Dubai Marina. The Sun & Sand ...
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News briefs
Pertex, the specialist in lightweight technical fabrics for the outdoor...
Pertex, the specialist in lightweight technical fabrics for the outdoor industry, has announced it is expanding its PFC-free offering. Following significant research, the brand is now offering an extensive range of non-PFC durable water repellent (DWR) fabrics with performance features which are said to be similar to conventional DWR finished ...
