News Briefs – Page 576
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News briefs
Injinji, which makes performance toe socks with five toe sleeves...
Injinji, which makes performance toe socks with five toe sleeves for runners and fitness enthusiasts, has hired Julia Anderson as product coordinator and Claire Kooperman as digital marketing coordinator. Anderson was previously production coordinator for Mad Engine, creating licensed apparel for retailers such as Kohl's, Target and Walmart. Kooperman joined ...
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News briefs
An experienced executive, Liz Braund, has joined Royal Robbins in...
An experienced executive, Liz Braund, has joined Royal Robbins in the position of vice president of merchandising and design. She will also be in charge of product development and innovation. Braund has spent 20 years in performance apparel, working for important brands such as Nike, The North Face and Oakley. ...
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News briefs
Wiggle has completed the relocation of its distribution center from...
Wiggle has completed the relocation of its distribution center from Portsmouth to Wolverhampton. The new 30,000-square-meter distribution site is three times the size of the previous facility and is strategically situated three kilometers from the M6 and nine kilometers from the M5, two important motorways in the U.K. It took ...
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News briefs
Superbrand Surfboards and Apparel has announced a joint venture with...
Superbrand Surfboards and Apparel has announced a joint venture with Xtreme Enterprise (XTE) to create Superbrand Europe. Based in Biarritz, the newly-formed entity will service France, Spain and Portugal while managing the existing Superbrand distributors in Germany, Austria, the U.K., Russia, Denmark and Greece. XTE specializes in the conception and ...
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News briefs
Ochsner Sport, the Swiss-based subsidiary of Deichmann specializing in sports...
Ochsner Sport, the Swiss-based subsidiary of Deichmann specializing in sports retailing, will take over Sport Sperk, a German chain of 13 sporting goods stores based in Bavaria, with effect from Jan. 1, provided it gets regulatory approval. The stores include a factory outlet and a bike shop, and six of ...
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News briefs
Intersport Austria has launched a new promotion to get young...
Intersport Austria has launched a new promotion to get young customers to register for a loyalty card. Depending on their age, customers who are 16 to 18 years old can get a discount of 16, 17 or 18 percent on the purchase of their favorite product in affiliated stores once ...
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News briefs
New Era has opened its U.K. flagship location in London,...
New Era has opened its U.K. flagship location in London, at 40 Carnaby Street. The 1,540-square-foot store, which was inaugurated on Sept. 30, is split across two floors. The store features an embroidery machine where shoppers can customize their hats in only about 20 minutes. In addition, another featured service ...
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News briefs
Fusalp, the iconic French brand of skiwear and lifestyle clothing...
Fusalp, the iconic French brand of skiwear and lifestyle clothing taken over by members of the Lacoste family, has opened a 110-square-meter boutique on rue des Blanc-Manteaux, in the heart of the Marais district of Paris. Three franchised stores are due to open in the French ski resorts of Megève, ...
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News briefs
Odlo has opened a 90-square-meter store on the Grand Rue...
Odlo has opened a 90-square-meter store on the Grand Rue of Strasbourg, France. It is the 20th franchised store of the Swiss-based sports apparel brand.
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News briefs
The North Face was planning to inaugurate its first store...
The North Face was planning to inaugurate its first store in Portugal on Oct. 17 in the presence of João (José Silva Abranches) Garcia, the first Portuguese mountaineer to have reached the summit of Mount Everest without supplementary oxygen in 1999. A year later, after reaching the top of Annapurna, ...
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News briefs
Zalando warns investors that its sales will be up by...
Zalando warns investors that its sales will be up by between 33 and 35 percent in 2015, up from a previously forecast range of 28-31 percent, but they will generate an operating margin of 3 to 4 percent, less than the anticipated margin of 4-5 percent. The updated forecast for ...
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News briefs
Garmin warns that its annual revenues will be more likely...
Garmin warns that its annual revenues will be more likely around $2.8 billion, down from a previous projection of $2.9 billion, with sales in its fitness and outdoor segment coming out weaker than previously expected. Fitness should grow by 15 percent and outdoor should be down by 4 percent. For ...
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News briefs
Jarden Corp. expects to report sales figures for the third...
Jarden Corp. expects to report sales figures for the third quarter on Oct. 29 that will exceed the high end of its annual targeted range of 3-5 percent for organic growth. Earnings per share should fall within the financial analysts' consensus.
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News briefs
In a preliminary statement, Yue Yuen Industrial Holdings said its...
In a preliminary statement, Yue Yuen Industrial Holdings said its operating revenues increased by 5.7 percent to $6.28 billion in the first nine months of this year. The growth was driven by Pou Sheng, the company's retail subsidiary, whose sales went up by 19.9 percent to $1.75 billion during the ...
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News briefs
Wolverine Worldwide, which is due to report its third-quarter results...
Wolverine Worldwide, which is due to report its third-quarter results tomorrow, told the Goldman Sachs Retail Conference last month that foreign currencies will continue to impact its profitability through the first quarter of 2016. Product costs are affecting gross margins, but they are slightly mitigated by lower commodity prices. Operating ...
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News briefs
In a presentation to financial analysts, Crocs predicted that its...
In a presentation to financial analysts, Crocs predicted that its sales will fall about $10 million below its previous forecasted range of $280 to $290 million during the third quarter of this year. The revised guidance stems from the strong dollar and the company's decision to hold back about $6 ...
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News briefs
Nike moved up to the 17th place in Interbrand's annual...
Nike moved up to the 17th place in Interbrand's annual ranking of the world's most valuable brands, up from the 22nd position it had obtained on its 2014 listing. Adidas instead fell from the 59th spot to the 62nd one. Luxury brands such as Louis Vuitton, Gucci and Burberry also ...
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News briefs
Sports Marketing Surveys (SMS) has published a new study on...
Sports Marketing Surveys (SMS) has published a new study on international sporting participation, which is said to offer unprecedented comparative findings. The release of the report follows two years of research and the analysis of 27 sports in 21 countries on six continents. The survey of 63,000 households includes information ...
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News briefs
Vietnam's leather and footwear sector registered a 18.4 percent increase...
Vietnam's leather and footwear sector registered a 18.4 percent increase and earned $8.8 billion in export revenues in the first nine months of the year, according to Vietnam's Ministry of Planning and Investment. In that period the sector produced 241.9 million pairs of shoes, which represent an increase of 24.1 ...
