News Briefs – Page 549
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News briefs
CORRECTION: Oakley generated about 11 percent of Luxottica's turnover of...
CORRECTION: Oakley generated about 11 percent of Luxottica's turnover of €8.8 billion last year, indicating sales of about €970 million under the brand. As Ray-Ban represented 27 percent of the group's turnover, this indicates sales of €2,380 million for the group's mega-brand of sunglasses.
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News briefs
Iconix Brand Group has obtained a loan of $300 million...
Iconix Brand Group has obtained a loan of $300 million from the Fortress Investment Group. While it will cost $9 million in annual interest expenses, the five-year loan sent the stock market capitalization by 17 percent for the financially distressed parent company of Umbro and many other brands. The news ...
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News briefs
Ardian, an independent French private investment firm, has divested its...
Ardian, an independent French private investment firm, has divested its stake in Netquattro, the company behind Fitness Boutique. This network of 72 stores specializes in fitness equipment and nutrition, in France and several other countries, from Spain to Italy, Belgium, Switzerland and Portugal. The stake was divested early last month ...
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News briefs
GoPro has completed the acquisition of Replay and Slice, two...
GoPro has completed the acquisition of Replay and Slice, two mobile video editing apps. Merging Replay and Splice into GoPro's mobile strategy will allow GoPro to deliver improved mobile editing solutions. Splice, developed by Vemory in Austin, Texas, is a mobile editor that allows users to create customized edits with ...
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News briefs
Caroline Lanigan has been appointed brand manager of Domyos, the...
Caroline Lanigan has been appointed brand manager of Domyos, the private fitness brand of Decathlon, according to Fitness News Europe. She takes the place of Philippe Bernadat, who has been assigned to look into the group's possible entry into the Iranian market. Reportedly, Domyos generates annual sales of around €1.5 ...
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News briefs
Replacing Peter Ahman, who is leaving the Finnish company, Risto...
Replacing Peter Ahman, who is leaving the Finnish company, Risto Salo has taken the position of chief executive of Oy Sultrade on an interim basis until the appointment of a permanent CEO in due time. Salo has been serving since last summer as a member of the board of directors ...
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News briefs
Timberland EMEA has assigned Andy Hewat to the new position...
Timberland EMEA has assigned Andy Hewat to the new position of sales director in charge of distributors, reporting to Mariano Alonso, vice president of sales for the region. A former executive of Stylo, Nike, Adidas, New Balance, Reebok, Ugg and Scholl, Hewat had been running Timberland's operations in the U.K. ...
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News briefs
Bergans of Norway has named Sven Mostögl as the new...
Bergans of Norway has named Sven Mostögl as the new sales director for its German subsidiary, which takes care of direct sales in the German, Austrian and Italian markets, and distribution in the rest of the European Union. He reports directly to Leif Holst-Liæker, chief executive of the Norwegian company. ...
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News briefs
Brixton has appointed Ruud Vermey as general manager of Brixton...
Brixton has appointed Ruud Vermey as general manager of Brixton Europe. Vermey has more than 20 years of experience in the European market across sales, product and marketing, including senior roles with Vans Europe and Sole Technology, where he served as European product director. He will be based in the ...
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News briefs
Chas MacDonald will retire on April 30 as president and...
Chas MacDonald will retire on April 30 as president and chief executive of Costa, the fast-growing American producer of polarized sports sunglasses acquired by Essilor International in 2014. Costa's sales are projected to grow to more than $150 million this year from $30 million, when he joined the company in ...
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News briefs
As we reported in our last issue, the Tecnica Group...
As we reported in our last issue, the Tecnica Group has appointed new managers for all its brands as part of a reorganization intended to speed up its growth. The company has now announced the appointment of an industry veteran, Federico Sbrissa, in the role of strategic marketing manager of ...
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News briefs
Roman Stepek, chief executive at Mountain Force, has left the...
Roman Stepek, chief executive at Mountain Force, has left the Swiss winter sports apparel company and is preparing to divest the remainder of his shares to existing shareholders in April. His job was taken over on an interim basis by Werner Matzner, Mountain Force's chief financial officer and one of ...
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News briefs
Mathias Hedström has taken the place of Mikael Sundstöm, the...
Mathias Hedström has taken the place of Mikael Sundstöm, the outgoing president of Nordic Kidswear. The 34-year-old manager was one of the founders of Addnature, the leading Swedish internet store. He will help Maria Frykman, founder, owner and chief executive of Nordic Kidswear, which is the company behind Isbjörn of ...
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News briefs
Vaude has announced two new executive appointments. Manfred Meindl, 34,...
Vaude has announced two new executive appointments. Manfred Meindl, 34, will be in charge of trade marketing, and Aaaron Bittner, 31, will act as apparel manager of the company. Meindl will continue to be responsible for online marketing, which he has led for five years with good results in social ...
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News briefs
Dan Trapp has joined Salomon as global commercial director for...
Dan Trapp has joined Salomon as global commercial director for apparel and gear, based in Annecy. He had been previously the sales manager for Hoka One One in Northern Europe since January 2015, based at Deckers Brands' office in London. Prior to that, he had spent nearly three years at ...
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News briefs
Jim Howard has been appointed as U.S. general manager...
Jim Howard has been appointed as U.S. general manager for Inov-8, the British brand of trail running footwear. He is to supervise U.S. sales, marketing and operations from the brand's regional head office near Boston. Howard started off in the sports business as the manager of The Runners Den, a ...
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News briefs
Bryson White has been appointed as brand manager for Suunto...
Bryson White has been appointed as brand manager for Suunto in the Americas, to take care of the communication and marketing strategy for the sports instruments brand, which is owned by the Amer Sports group. While working with the product and executive teams in Finland, White's assignment is to raise ...
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News briefs
Nathan Dopp has been appointed to lead Fjällräven and Hanwag...
Nathan Dopp has been appointed to lead Fjällräven and Hanwag in North America, after the departure of John Walbrecht last month to become president of Mountain Hardwear at the Columbia Sportswear group. Dopp already contributed to the rapid expansion of the Swedish outdoor brand in the U.S. market, as he ...
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News briefs
Two new managers – Juliette Delarue-Quairel and Toye Fritzell -...
Two new managers – Juliette Delarue-Quairel and Toye Fritzell - have joined Vista Outdoor's eyewear & sport protection unit at Suresnes near Paris, reporting to its president, Olivier Ciaravino. Delarue-Quairel has been named global sport marketing & communication manager for the Bollé, Cébé and Serengeti brands. Fritzell will act as ...
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News briefs
Aigle has appointed Marie-Laure Rigal-Raffard as its new global marketing...
Aigle has appointed Marie-Laure Rigal-Raffard as its new global marketing and communications director. She comes from Lacoste, which is controlled by Maus Frères like Aigle. She previously worked for two other fashion houses, Lanvin and Louis Vuitton.
