News Briefs – Page 575
-
News briefs
Growing the fitness sector through innovation will be the topic...
Growing the fitness sector through innovation will be the topic of the third European Health and Fitness Forum, which will be held in Cologne in April just ahead of Fibo, the international trade fair for the fitness industry. The forum is organized by Fibo and Europe Active, the former European ...
-
News briefs
Jarden Corp. has launched a secondary offering, due to close...
Jarden Corp. has launched a secondary offering, due to close on Oct. 21, for 10 million shares priced at $49.00 each, plus an overallotment of 1.5 million shares. The proceeds will be used to fund a portion of its planned acquisition of Jostens, a company that supplies high-school memorabilia such ...
-
News briefs
IC Group's board of director has decided to initiate a...
IC Group's board of director has decided to initiate a new program that will grant up to 61,113 performance shares to the members of its global management team and other selected executives, for a total of 23 participants. They will have an opportunity to get one-quarter of the shares depending ...
-
News briefs
Callaway Golf is offering to redeem the balance of its...
Callaway Golf is offering to redeem the balance of its outstanding 3.75 percent convertible senior notes due in 2019, plus accrued interest, leaving the company without any long-term debt. The principal on the notes carries a total value of $27,517,000, plus interest. Until Nov. 16, the note holders will be ...
-
News briefs
Lars Svendsen has sold Svendsen Sport and D.A.M. Tackle to...
Lars Svendsen has sold Svendsen Sport and D.A.M. Tackle to Maj Invest, a Danish private equity and asset management group, for 500 million Danish kroner (€66.9m-$76.0m). Svendsen has invested 40 million kroner (€5.4m-$6.1m) to secure a 15 percent stake in the company and will remain as managing director of Svendsen ...
-
News briefs
Vaude is opening an entirely renovated headquarters in Tettnang, near...
Vaude is opening an entirely renovated headquarters in Tettnang, near Lake Constance, to accommodate 500 people, following a large expansion of its staff over the recent years. The German company spent about €7 million on the project, including the addition of 3,000 square meters of office space. It is an ...
-
News briefs
About 350 of the 550 workers at Mifa Bike, the...
About 350 of the 550 workers at Mifa Bike, the German bicycle manufacturer, were requested to switch to a shorter working week for three months from the start of October to support the company's turnaround. Mifa filed for insolvency in September last year, after the failure of takeover discussions with ...
-
News briefs
Bauer Hockey has opened an Innovation Center in Blainville, Quebec....
Bauer Hockey has opened an Innovation Center in Blainville, Quebec. The facility, which has a surface of more than 9,200 square meters, recently hosted the annual BauerWorld event, which welcomed around 350 of the company's top global retail partners. The new site features more than 150 testing and R&D machines, ...
-
News briefs
Adidas is expected to put an end to its involvement...
Adidas is expected to put an end to its involvement in table-tennis equipment by the end of this year. Greenmaster, which has been its licensee for this product category, has reportedly agreed to stop it by then. Frank Koch, the former executive of Kettler who started the project at Greenmaster, ...
-
News briefs
Lotto Sport Italia and Stonefly, which share some common ownership,...
Lotto Sport Italia and Stonefly, which share some common ownership, have been studying a possible integration of some of their operations, ranging from the supply chain to the retail network. It seems that the plan could come to fruition in terms of back-office operations during the first half of 2016. ...
-
News briefs
Julbo has become the only sports brand in Europe with...
Julbo has become the only sports brand in Europe with an in-house laboratory to make corrective lenses for its sports glasses. Like other brands of sports eyewear, it was previously outsourcing the process to an outside laboratory. Following an investment completed in April, Julbo's lab has a capacity to make ...
-
News briefs
Facing sluggish sales in some of its largest markets and...
Facing sluggish sales in some of its largest markets and tough pressure on margins due to adverse exchange rate changes, Mammut Sports Group has decided to close the rope production unit at its head office in Seon, Switzerland. It will be transferred from the start of September 2016 to an ...
-
News briefs
Bogner has appointed Alexander Wirth as its new chief operating...
Bogner has appointed Alexander Wirth as its new chief operating officer and deputy chief executive. He is set to become CEO in due time, taking the place of Willy Bogner, who assumed the role a few months ago after the departure of Oliver Pabst. The 40-year-old acted most recently as ...
-
News briefs
Reiner Thalacker is no longer the chief executive of Wintersteiger....
Reiner Thalacker is no longer the chief executive of Wintersteiger. He left at the end of September for personal reasons, company officials say, after three years with the Austrian company, a global leader in ski maintainance equipment and other businesses. Thalacker was also responsible for sales, marketing and customer service. ...
-
News briefs
Stefano Saccone has been appointed vice president and chief executive...
Stefano Saccone has been appointed vice president and chief executive for Eastpak, taking the place of another Italian manager, Massimo Ferrucci, who is in line to become vice president of VF Corporation in charge of emerging markets. Saccone has been working at VF's European headquarter in Switzerland since 2012 as ...
-
News briefs
Under Armour (UA) has announced that Brad Dickerson, the company's...
Under Armour (UA) has announced that Brad Dickerson, the company's chief operating officer and chief financial officer, will be leaving UA to pursue another professional opportunity outside of the athletic performance industry. Dickerson joined UA in 2004. He has been serving as chief financial officer since 2008, and in early ...
-
News briefs
Joe O'Neil, who spent more than 30 years in the...
Joe O'Neil, who spent more than 30 years in the athletic footwear business, is to take over as chief executive at Newton Running, replacing the company's co-founder, Jerry Lee. O'Neil is to lead operations, product development, sales, marketing, merchandising and finance. Lee will remain as Newton Running's chairman, stepping away ...
-
News briefs
Bob Hurley is stepping down as chief executive of the...
Bob Hurley is stepping down as chief executive of the surfwear brand that he founded, and which was acquired by the Nike group in 2002. Hurley was appointed interim chief executive in 2012, after the departure of Michael Egeck. He supervised product development and marketing for Hurley, which employs about ...
-
News briefs
Thierry Kunz returned to the Nidecker group last month as...
Thierry Kunz returned to the Nidecker group last month as chief marketing officer and board member, after several years at the Quiksilver group. A former professional snowboarder and the founder of Donuts Snowboards, Kunz was already at the Swiss snowboarding group as head of marketing for five years until 2006. ...
-
News briefs
Andrea Tiling has been named brand manager and marketing director...
Andrea Tiling has been named brand manager and marketing director of Roeckl Sports, the German producer of sports gloves based in Munich. She has spent 11 years as marketing manager at K2 Sports' European subsidiary in Germany, where she has been replaced by Larissa Rau.
