News Briefs – Page 569
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News briefs
The third Oakley store in Germany has opened in a...
The third Oakley store in Germany has opened in a very sporty area of Munich. The 130-square-meter store is located on the central Sendlinger Strasse, right next to The North Face. It is operated by a retailer who also has a Nike shop in the same area. Oakley's two other ...
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News briefs
Spy's net loss widened to $788,000 in the third quarter...
Spy's net loss widened to $788,000 in the third quarter from a loss of $19,000 in the same period a year ago as the U.S. company's sales fell by 14.6 percent to $9,370,000 during the period. The gross margin declined sharply to 43.7 percent from 49.2 percent in the same ...
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News briefs
The launch of the Spark, a sports and fitness watch...
The launch of the Spark, a sports and fitness watch integrating a heart-rate monitor and permanent activity tracking, among other features, supported sales growth of 5 percent to €146.0 million in the third quarter for the consumer product division at TomTom, excluding automotive hardware. Coming in several versions, the Spark ...
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Moncler's revenues jumped by 25 percent, or by 17 percent...
Moncler's revenues jumped by 25 percent, or by 17 percent at constant currencies, during the first nine months of the year compared with the same period last year, with revenues reaching €561.5 million. Growth was driven by the weak euro, particularly in the Americas. Revenues grew in all regions, with ...
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News briefs
Intersport Austria has not been hurt in the end by...
Intersport Austria has not been hurt in the end by the departure of its former biggest member, Sport Eybl & Sports Experts, bought by Sports Direct International two years ago. The retail organization has reported a 6.5 percent sales increase to about €500 million during the financial year ended Sept. ...
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News briefs
In a preliminary statement, Intersport's Swiss licensee, Intersport PSC, said...
In a preliminary statement, Intersport's Swiss licensee, Intersport PSC, said that its consolidated net profit rose to 1.9 million Swiss francs (€1.7m-$1.8m) in the latest financial year from CHF 1.5 million in the previous one. The results improved thanks to cost controls and extraordinary gains in spite of a decline ...
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News briefs
Noting that the company's operating profit before amortization had fallen...
Noting that the company's operating profit before amortization had fallen by 2.5 million Australian dollars (€1.7m-$1.8m) in the first four months of its financial year, Billabong International's management warned shareholders at the company's annual meeting about some external challenges to its turnaround plan. It listed among other problems the decline ...
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News briefs
Yonex' net profit rose by 12 percent to 1,217 million...
Yonex' net profit rose by 12 percent to 1,217 million yen (€9.4m-$9.9m) in the first half ended Sept. 30, as sales went up by 6 percent to ¥25,218 million (€193.9m-$205.1m). The conversion of the business in China from a distributor to a direct mode led to a 175 percent jump ...
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News briefs
Sales rose by 4.4 percent to 26,039 million yen (€200.2m-$211.7m)...
Sales rose by 4.4 percent to 26,039 million yen (€200.2m-$211.7m) at Goldwin in the first half through Sept. 30, and its operating profit increased by 37.9 percent to ¥429 million (€3.3m-$3.5m). However, the Japanese company's net income fell by 24 percent to ¥510 million (€3.9m-$4.1m) due to store closures and ...
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News briefs
Globeride saw its revenues go up by 5 percent to...
Globeride saw its revenues go up by 5 percent to 41,406 million yen (€318.3m-$336.6m) in the first half ended Sept. 30, with strength in fishing and golf, yet net earnings were down by 9 percent to ¥1,579 million (€12.1m-$12.8m) because of higher non-operating expenses. Citing the malaise of the Japanese ...
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News briefs
Fila Korea turned around to a net loss of 17,884...
Fila Korea turned around to a net loss of 17,884 million Korean won (€14.6m-$15.4m) in the third quarter ended Sept. 30 from a net profit of KRW 21,370 million in the year-ago period. Revenues increased by 4 percent to KRW 196,383 million (€157.6m-$166.2m), but they fell by 13 percent at ...
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News briefs
Stella International sees the demand for sports fashion styles continuing...
Stella International sees the demand for sports fashion styles continuing to grow in China, helping the Chinese manufacturer of athletic and fashion footwear to record higher orders in the last quarter of this year and in 2016. In the third quarter ended Sept. 30, the group's revenues increased by 6 ...
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News briefs
Beating analysts' expectations, Alibaba Group Holdings reported a 32 percent...
Beating analysts' expectations, Alibaba Group Holdings reported a 32 percent increase to $3.49 billion in revenues for the second quarter of its financial year, ended on Sept. 30. Sales through mobile devices nearly tripled to $1.66 billion. The total gross merchandise volume on its Chinese marketplaces went up by 28 ...
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News briefs
Moncler said it has won a lawsuit against a Chinese...
Moncler said it has won a lawsuit against a Chinese company that produced and marketed down jackets with Moncler's logo, and has been awarded €420,000 in damages by the Intellectual Property Court in Beijing. Moncler sued Beijing Nuoyakate Gourmet in December 2014 after discovering that it sold jackets with counterfeit ...
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News briefs
The International Trade Commission in the U.S. has ruled that...
The International Trade Commission in the U.S. has ruled that Skechers' Twinkle Toes and Bobs shoes don't infringe on Converse's trademark for the Chuck Taylor midsole. The judge in the case found that there were enough differences in the design features to avoid confusion among consumers. According to Skechers, the ...
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News briefs
The French anti-trust authority has closed an investigation launched against...
The French anti-trust authority has closed an investigation launched against Adidas last year about the conditions that it was imposing on its retail customers to sell Adidas and Reebok products over the internet. It has dropped all pursuits following Adidas' decision at the beginning of this year to allow the ...
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News briefs
Fesi, the European sporting goods industry federation, has set up...
Fesi, the European sporting goods industry federation, has set up a new Working Committee on Digital to handle various aspects of digital technologies on a European scale, including data protection. At its general assembly, Fesi also appointed Neil Narriman, global head of intellectual property at Puma, as vice president. He ...
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News briefs
The World Federation of the Sporting Goods Industry has formed...
The World Federation of the Sporting Goods Industry has formed an Aquatics Committee to act as the water sports industry's representative body with international governing bodies such as the Féderation Internationale de Natation (Fina) or the International Triathlon Union (ITU), organizers of sports events, international standards institutions and non-governmental organizations. ...
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News briefs
Napapijri has announced that it is replacing down with Thermofibre...
Napapijri has announced that it is replacing down with Thermofibre insulation for autumn/winter 2015 in 99 percent of its outerwear collection. Thermofibre is an eco-friendly, anti-bacterial material made from ultra-lightweight microspheres which create a quilted texture offering insulation and temperature regulation. Thermofibre is exclusively developed and patented by VF Corp., ...
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News briefs
Vibram is launching the FiveFingers CVT Wool, a new model...
Vibram is launching the FiveFingers CVT Wool, a new model in its FiveFingers five-toe shoe range. The new product features an upper made from wool, to keep warm on the coldest days, as well as the company's proprietary Icetrek rubber inserts, for grip and stability on slippery surfaces.
