News Briefs – Page 571
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News briefs
Messe München has appointed Christoph Beaufils to the new position...
Messe München has appointed Christoph Beaufils to the new position of ISPO brand manager. For the last two years he worked as trade marketing manager at Willy Bogner and at Marc O'Polo International. Prior to that, he spent nearly 14 years in digital and print media, creative page design, event ...
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News briefs
Patagonia is launching what it claims to be the world's...
Patagonia is launching what it claims to be the world's first neoprene-free wetsuits line, made with a plant-based material named Yulex, for autumn 2016. The company first worked with Yulex in 2012 and unveiled the material to the market in the autumn of 2013 but next year the offering with ...
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News briefs
Brian Montgomery, the charismatic Irish executive who led the European...
Brian Montgomery, the charismatic Irish executive who led the European Bicycle Manufacturers Association (EBMA) for many years, has passed away. He was 81 years old. Gentle but firm, Montgomery was instrumental in protecting the European bike industry for more than 30 years through anti-dumping duties and other measures against China ...
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News briefs
Joachim Schröder, a leading figure in German sports retailing, died...
Joachim Schröder, a leading figure in German sports retailing, died on Nov. 10 at the age of 65. He propelled Karstadt to the #1 position in the German sports market, notably by establishing innovative partnerships with major American brands that were trying to find their way into the European market. ...
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News briefs
Nike has unveiled that it is partnering with the City...
Nike has unveiled that it is partnering with the City of Rio de Janeiro to support young athletes through community and sport recreation centers in view of the forthcoming summer Olympics in Rio. The plan includes the opening of 21 sports recreation centers throughout the city, which will receive training ...
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News briefs
The Professional Rugby Organization (Pro Rugby) is forming the first...
The Professional Rugby Organization (Pro Rugby) is forming the first professional rugby league in North America, providing extra exposure for what it describes as the fastest-growing team sport in the U.S. The league obtained exclusive approval from USA Rugby and World Rugby. It will start in April 2016 with six ...
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News briefs
Sport Eco reports that Go Sport, the French sports retailer,...
Sport Eco reports that Go Sport, the French sports retailer, has acquired Tool Sport, a French online retailer that went into receivership earlier this year. Go Sport declined to comment but the customer service department at Tool Sport said that the company has been renamed Go Sport Développement. For the ...
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News briefs
The board of directors of Intersport PSC Holding, which is...
The board of directors of Intersport PSC Holding, which is the Swiss licensee of Intersport, has decided to apply for de-listing on the SIX Swiss stock exchange by the summer of 2016 because of the small volume of transactions with its shares and the cost of remaining a public company. ...
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News briefs
The Saarbrücker Nachrichten published an unconfirmed report that ZEG, the...
The Saarbrücker Nachrichten published an unconfirmed report that ZEG, the German-based buying group for bicycle dealers, could purchase the bicycle production unit of Kettler, the German supplier of fitness and garden equipment, which went into self-administered receivership in June. As reported in our previous issue, Kettler said it was working ...
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News briefs
Bench, which is now run by Bruno Salzer out of...
Bench, which is now run by Bruno Salzer out of its Munich office, has cut by half the team at its head office in Manchester, previously made up of 120 people, and expanded operations in Germany. Roles across various areas, among which are “design and communication” and other important functions, ...
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News briefs
Oaktree Capital Management, which has lent $175 million to Quiksilver...
Oaktree Capital Management, which has lent $175 million to Quiksilver to keep operating while its U.S. business is in bankruptcy proceedings, has reportedly retained Alix Partners as an advisor for the possible acquisition of the entire company. Quoting unnamed sources, Bloomberg says that other investors may be interested in Quik ...
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News briefs
As planned, Kevin Plank, Under Armour (UA)'s chairman and chief...
As planned, Kevin Plank, Under Armour (UA)'s chairman and chief executive, has entered into a pre-arranged stock trading plan to sell up to 1,125,000 shares of UA's class B common stock that he personally owns and up to 125,000 shares of the class B stock held by his charitable trust. ...
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News briefs
Adidas is offering design resources and financial assistance to high...
Adidas is offering design resources and financial assistance to high schools in the U.S. that want to change their mascot names and identities, to move away from mascots with “potentially harmful” Native American imagery or symbolism. Aligned with the Adidas Group's “open source” strategy, the voluntary initiative was announced in ...
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News briefs
The Scott Sports group continues its strong external growth strategy....
The Scott Sports group continues its strong external growth strategy. We understand that it is already working on another acquisition, which may be sealed before the end of this year, after striking a preliminary agreement last month for the takeover of Dolomite from the Tecnica Group. Scott's management indicates that ...
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News briefs
Le Chameau has decided to shut down its French manufacturing...
Le Chameau has decided to shut down its French manufacturing plant at Cahan near Flers, which employs 55 workers. The factory makes some of the high-end hunting boots in rubber and leather sold by the company. The production is expected to be transferred to another plant owned by the company ...
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News briefs
Implus, a U.S. company that owns a lot of brands...
Implus, a U.S. company that owns a lot of brands relating to sports, fitness and footwear, has added Fuelbelt, which specializes in hydration belts and running accessories. Acquired at an undisclosed price, Fuelbelt is to be included in the specialty category of Implus, alongside Balega socks, Triggerpoint and Sof Sole. ...
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News briefs
Franco Spalla, chief executive of Basicnet, is now expected to...
Franco Spalla, chief executive of Basicnet, is now expected to continue his collaboration with the group after passing the helm to Gianni Crespi at the shareholders' meeting next April. Marco Boglione, chairman of the board and major shareholder of the Italian-based group, plans to propose the appointment of Spalla to ...
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News briefs
Jérôme Lévèque has become vice president of sales in Latin...
Jérôme Lévèque has become vice president of sales in Latin America for the Adidas Group, taking over from Theodoros Makryniotis, who has left the company. He is reporting to André Maestrini, managing director for Latin America. Lévèque joined the sales department at Adidas France in 1996, and he has served ...
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News briefs
Carrie Teffer will join Crocs's management as executive vice president...
Carrie Teffer will join Crocs's management as executive vice president and as its new chief financial officer on Dec. 16, resigning from its board of directors. She previously ran financial affairs at PetSmart, Weber-Stephens and Timberland. Mike Smith has been acting as interim CFO at Crocs lately.
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News briefs
Lolë, the brand of fitness women's wear owned by Coalision,...
Lolë, the brand of fitness women's wear owned by Coalision, has announced the arrival of Géraud Maréchal as vice president for Europe, in charge also of distributors in Africa and the Middle East. He succeeds Pierre-Louis Lacoste, who has left to oversee Etsy France. Maréchal will report to Bernard Mariette, ...
