News Briefs – Page 555
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News briefs
Phil Knight, chairman and co-founder of Nike, has pledged to...
Phil Knight, chairman and co-founder of Nike, has pledged to donate $400 million to Stanford University in California to fund a program for graduate students called the Knight-Hennessy Scholars Program. With this donation, John Hennessy, the outgoing president of the university, has collected a total of $750 million to fund ...
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News briefs
Iconix Brand Group, the owner of Umbro and several other...
Iconix Brand Group, the owner of Umbro and several other sports brands, has adopted a short-term shareholder rights plan after a sharp decline in its share price in recent months. Sports Direct International (SDI), the British retailer, acquired indirect economic interests amounting to 14.4 percent in Iconix in the last ...
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News briefs
Confirming reports in the Spanish press, New Balance says it...
Confirming reports in the Spanish press, New Balance says it has opened a Spanish subsidiary, New Balance Retail Spain, but points out that its sole purpose is to manage outlet stores in the country. It already has one in the La Roca Village shopping center of Barcelona. Alfico will continue ...
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News briefs
Neue Medien Ulm Holding, a publishing company controlled by the...
Neue Medien Ulm Holding, a publishing company controlled by the Ebner family, has signed a deal for the acquisition of SAZ, the leading German sports industry magazine founded by Horst Frankl 41 years ago. The deal is conditional on approval by German anti-trust authorities. Frankl, who is now 75 years ...
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News briefs
Jon Hoerauf, global commercial leader at Arc'teryx, has been appointed...
Jon Hoerauf, global commercial leader at Arc'teryx, has been appointed as the Canadian outdoor brand's new president and general manager. He replaces Vincent Wauters, who strongly expanded Arc'teryx while leading the company in the last four years. Wauters was appointed in August as head of the apparel business unit for ...
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News briefs
Altamont Capital Partners has recruited Frank Heissat to fill a...
Altamont Capital Partners has recruited Frank Heissat to fill a new position as general manager of Dakine for Europe, the Middle East and Africa (EMEA). He will also act as European strategy vice president for Renegade Brands, the company that manages the Mervin, Libtech, Girl, HUF, Brixton, Fox and Hybrid Apparel ...
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News briefs
Andrew Barker, brand director for Mountain Hardwear and Montrail brands...
Andrew Barker, brand director for Mountain Hardwear and Montrail brands in Europe, the Middle East and Africa, has been appointed general manager for the whole Columbia Sportswear group in the U.K. and Ireland. Darren Wilcox, former sales manager for Columbia and Sorel in the two countries, has left the company. ...
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News briefs
Jason Zhu has been appointed as general manager of Columbia...
Jason Zhu has been appointed as general manager of Columbia Sportswear's joint venture in China with Swire Resources. A native of Shanghai, he spent the last 13 years with Nike in China and at its head office in Portland, after working for Procter & Gamble. At Nike, he served as ...
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News briefs
Icebreaker has appointed Carla Murphy as its new chief marketing...
Icebreaker has appointed Carla Murphy as its new chief marketing and strategy officer. In this role she will be responsible for developing the brand's strategy, at a time when Icebreaker aims at growth both in and outside of its outdoor core market. Murphy was most recently vice president of the ...
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News briefs
Puma has promoted Anders Jonsson to the position of area...
Puma has promoted Anders Jonsson to the position of area general manager for the Nordics region. Taking the place of the Danish-based Peter Bedsted, he will be based in Helsingborg, Sweden and report to Martyn Bowen, general manager for Europe, the Middle East and Africa (EMEA). Jonsson has been with ...
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News briefs
Wolverine Worldwide announced the resignation of Jim Gabel, president of...
Wolverine Worldwide announced the resignation of Jim Gabel, president of its Performance Group, saying that he is relocating back to Canada for personal reasons. With his departure, Wolverine is again reshuffling its brand management structure, creating a new operating group, the Wolverine Boston Group, to run the so-called Boston brands ...
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News briefs
Saucony, part of Wolverine Worldwide, has signed up Tim Broe...
Saucony, part of Wolverine Worldwide, has signed up Tim Broe as program director of the newly-created Saucony Elite Athlete Development Team. Broe, a retired American long-distance runner, is a ten-time USA National Champion and the recipient of the 2015 Boston Globe Cross Country Coach of the Year. Saucony's partnership with ...
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News briefs
Thomas Weber, a former manager of Reebok who had been...
Thomas Weber, a former manager of Reebok who had been appointed international sales director for Kettler's sports division in 2009, has left the German fitness equipment company, which is still insolvent. His responsibilities have been taken over by Ulrich Kürschner, the former German sales director. Kürschner has been promoted to ...
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News briefs
Active Sportswear, the Danish brand owner and distributor, has set...
Active Sportswear, the Danish brand owner and distributor, has set up a sales subsidiary in Hamburg for the German and Austrian markets for Color Kids, its line of children's activewear. The operation is led by Daniela Thinius, a former sales manager for Puma who helped Stadium to set up its ...
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News briefs
Chip Wilson, the controversial founder of Lululemon Athletica and holder...
Chip Wilson, the controversial founder of Lululemon Athletica and holder of 14.5 percent of its shares, says he has appointed Kathryn Henry to the company's board of directors, exercising his board nomination rights. Henry already worked for Lululemon from 2010 to 2014. Wilson said she knows the vertically integrated company ...
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News briefs
After nearly 13 months in the job, one of Luxottica's...
After nearly 13 months in the job, one of Luxottica's two co-chief executives, Adil Mehboob-Khan, has left the company with immediate effect and a €6.8 million handshake. He will also get €200,000 to waive any claims against the company as well as his 2015 bonus and ordinary severance payments linked ...
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News briefs
Siegfried Passreiter, the long-time managing director of Fischer + Löffler...
Siegfried Passreiter, the long-time managing director of Fischer + Löffler Deutschland, has announced his retirement, effective at the end of 2016. The 60-year-old has served at the company since 1998. Passreiter is also member of the board of the German manufacturers' federation, BSI, where he steers the working committee in ...
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News briefs
Deckers Brands saw its share price go down by more...
Deckers Brands saw its share price go down by more than 8 percent after releasing lower than expected figures for its third quarter, ended Dec. 31. Sales rose by only 1.4 percent during the quarter to $795.9 million, with increases of 1.0 percent at Ugg and 3.2 percent for Teva, ...
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News briefs
GoPro's sales shrank by 31 percent to $436.6 million for...
GoPro's sales shrank by 31 percent to $436.6 million for the last quarter of 2015, which is aligned with the sharply downgraded guidance issued a few weeks ago, but the result was still worse than expected, with a net loss of $34.4 million against a profit of $122.3 million for ...
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Stella International Holdings saw its manufacturing revenues increase by 5.1...
Stella International Holdings saw its manufacturing revenues increase by 5.1 percent in the last quarter of 2015 to $389.2 million. They finished the year at $1,705.0 million, up 8.5 percent, with continued strength in sports fashion footwear. The maker of athletic and fashion footwear saw average selling prices fall by ...
