News Briefs – Page 553
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News briefs
Sports Direct suffered a loss on its recently acquired Austrian...
Sports Direct suffered a loss on its recently acquired Austrian business of €45.6 million in its 2014/15 financial year, according to the local media, or three times as high as the loss of €17.8 million reported for the previous 8-month fiscal year. Sales declined to €188.7 million from €199 million, ...
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News briefs
Kering, the French group that holds majority stakes in Puma,...
Kering, the French group that holds majority stakes in Puma, Volcom and Electric, reports that the sales of its Sports and Lifestyle division increased by 13.5 percent to €3,682.5 million last year. That includes a comparable increase of 5.9 percent, meaning sales in constant currencies and relating to continuing activities. ...
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News briefs
The sports and leisure division of the New Wave Group...
The sports and leisure division of the New Wave Group raised its sales by 16 percent to 2,258 million Swedish kronor (€241.4m-$266.5m) last year, with more abundant sales in the U.S. and Europe. The division includes the Craft, Seger, Cutter & Buck and Ahead brands and it distributes Speedo in ...
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Erima announced last month that it experienced a double-digit increase...
Erima announced last month that it experienced a double-digit increase in 2015 for the second year in a row. After rising by 15 percent in 2014, the German team sport specialist's sales grew last year by 10 percent to €58 million, with increases of between 3 and 18 percent by ...
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News briefs
Descente posted a comprehensive net loss of 591 million yen...
Descente posted a comprehensive net loss of 591 million yen (€4.81m-$5.30m) in the third quarter ended Dec. 31 compared with a profit of ¥2,378 million (€19.3m-$21.3m) in the year-earlier period. The only reason was a foreign currency loss of ¥2,242 million (€18.2m-$20.1m). Excluding the currency effect, the gross margin expanded ...
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News briefs
The weak yen caused Globeride to swing to a loss...
The weak yen caused Globeride to swing to a loss of 230 million yen (€1.87m-$2.06m) in the third quarter ended Dec. 31 from a profit of ¥953 million. Sales grew by 11 percent to ¥18.0 billion (€146.3m-$161.2m). The gross margin declined by 0.3 percentage points to 34.4 percent on a ...
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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 during the fourth quarter of 2015 was down by 7 percent as compared to the fourth quarter of 2014. According to Sports Marketing Surveys (SMS), all the regions suffered a decrease in the number of rounds played in ...
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News briefs
More than half of the British population, precisely 53.7 percent,...
More than half of the British population, precisely 53.7 percent, bought activewear over the last 12 months, according to recent figures from Verdict Retail. Thanks to a health and fitness culture being on the rise, activewear seems to have grown essential to consumers' wardrobes and habits, with 52.3 percent of ...
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News briefs
Jarden Corp. has announced it expects sales of around $8.6...
Jarden Corp. has announced it expects sales of around $8.6 billion for 2015, consistent with its guidance, and organic revenue growth to be at the higher end of its targeted range of 3 to 5 percent. The company will file a Form 10-K, which includes final sales and earnings figures, ...
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News briefs
Johnson Outdoors' sales increased by 20 percent to $85.3 million...
Johnson Outdoors' sales increased by 20 percent to $85.3 million for the three months up to Jan. 1, with a negative impact of 2 percentage points from exchange rate changes. The three months are the first quarter of Johnson Outdoors' fiscal year and a seasonally weak quarter. The company said ...
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News briefs
TomTom reports that sales of its sports products soared by...
TomTom reports that sales of its sports products soared by 40 percent to €69 million last year, with the shipment of more than 600,000 GPS sports watches. This compensated for slightly lower sales in personal navigation devices, although Tomtom said it performed better than the market and gained share in ...
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News briefs
Garmin sales increased by 6 percent in the outdoor division...
Garmin sales increased by 6 percent in the outdoor division for the fourth quarter of last year, driven by the strength of outdoor wearables, although gross and operating margins for the segment were down slightly. Sales for the fitness segment were up by 14 percent for the three months, with ...
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News briefs
The U.S. Patent & Trademark Office has invalidated for the...
The U.S. Patent & Trademark Office has invalidated for the second time a design patent that Crocs has been using for its iconic clog, this time supporting a challenge made by U.S.A. Dawgs, a shoe company based in Las Vegas, which was importing similar strapped clogs from competitors. Often referred ...
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News briefs
Adidas' three stripes got a big favor from the European...
Adidas' three stripes got a big favor from the European Court of Justice, which said that “Adidas may oppose the registration, as a community mark, of parallel stripes placed on the side of sports shoes.” The Office of Harmonization in the Internal Market (OHIM), which registers trademarks for the European ...
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News briefs
Moncler obtained the transfer of 50 domain names that had...
Moncler obtained the transfer of 50 domain names that had been unfairly registered in its name by three Chinese residents after the Arbitration and Mediation Center at the World Intellectual Property Organization (WIPO) in Geneva said that the domains were registered in bad faith and used to sell counterfeit, low-quality ...
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News briefs
CEP Compression, the maker of performance compression socks and sportswear,...
CEP Compression, the maker of performance compression socks and sportswear, has announced a three-year partnership deal with Ragnar Race Series, a 120 to 200-mile overnight running relay race across the U.S. CEP will make co-branded socks and calf sleeves that will be sold in Ragnar's Merchandising tent at every event location. ...
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News briefs
Columbia Sportswear is re-branding Montrail and focusing its footwear line...
Columbia Sportswear is re-branding Montrail and focusing its footwear line on trail running. The products will carry the Columbia Montrail label from spring 2017 onward, somewhat like the recently launched Columbia PFG sub-brand, which stands for Columbia Performance Fishing Gear. Columbia is investing strongly in the growing trail running category, ...
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News briefs
Invista has introduced a new line of Thermolite infrared yarns...
Invista has introduced a new line of Thermolite infrared yarns that absorb near-infrared (NIR) rays to raise the temperature of the garment. Their hollow fibers insulate the garment and minimize heat loss. Drying times are reduced.
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News briefs
Adidas continues to sign new sponsorship deals in the U.S....
Adidas continues to sign new sponsorship deals in the U.S. It has inked a five-year contract to supply athletic footwear, apparel and accessories to the students of Northern Kentucky University competing in 17 sports through the 2020/21 season. The Big a is also taking the place of Nike as exclusive ...
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News briefs
Macron has signed a new technical partnership with Albania's national...
Macron has signed a new technical partnership with Albania's national football team (FSHF) for the next six years. Macron has also agreed a four-year extension of its contract with the national Scotland rugby team, making it last until June 2021. This is on top of its sponsorship of the local ...
