News Briefs – Page 583
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News briefs
On Aug. 31, Hervis Sport opened its third store under...
On Aug. 31, Hervis Sport opened its third store under the flag of Hervis Express in Vienna's Westbahnhof (West Station). For the Austrian multi-channel retailer, this format is relatively new. It was premiered in Innsbruck last year followed by similar shop in Prague. The idea is to present the full ...
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News briefs
Surfstitch, the Australian e-commerce group specializing in contemporary surf and...
Surfstitch, the Australian e-commerce group specializing in contemporary surf and fashion brands, will unify its six platforms - Surfstitch.com, Surfdome.com, Swell.com, Stabmag.com, magicseaweed.com and theLens – under the global site Swell in 2016. Surfstitch posted revenues of 199.4 million Australian dollars (€124.7m-$141.4m) in the fiscal year ended June 30, representing ...
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News briefs
New Balance has opened its second store in Barcelona. Presenting...
New Balance has opened its second store in Barcelona. Presenting a new layout, it is located in a high-traffic shopping street of the city, Portal de l'Àngel. It will be the brand's 4th store in Spain. New Balance has also opened its first Portuguese store in Lisbon. Through its French ...
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News briefs
Under Armour has set up a sport corner at the...
Under Armour has set up a sport corner at the Citadium Caumartin shop in Paris, the first for the American brand inside a fashion store. The 35-square-meter space is located on the third floor of the store. It sells both fitness apparel and footwear.
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News briefs
Reporting on some preliminary results before and during an investors'...
Reporting on some preliminary results before and during an investors' conference, Wolverine Worldwide's management indicated that its revenues declined by between 4 and 5 percent in the second quarter. They were flat in terms of local currencies and excluding the phase-out of the Patagonia license and the closure of retail ...
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News briefs
Manchester United has reported a 16 percent drop in retail,...
Manchester United has reported a 16 percent drop in retail, merchandising, apparel and product licensing revenues to £31.6 million (€43.3m-$49.5m) for the financial year ended June 30, including an 11 percent decline in the fourth quarter. ManU blamed the drops on reduced guaranteed revenues from Nike due to the team's ...
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News briefs
The recovery of the Spanish market has been confirmed by...
The recovery of the Spanish market has been confirmed by the latest figures from El Corte Inglés, the large Spanish retail group that is also the second-largest sporting goods retailer in the country. The company has reported higher operating results for the financial year ended Feb. 28: Operating earnings before ...
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News briefs
According to a new report by the Norwegian Health Directorate,...
According to a new report by the Norwegian Health Directorate, the number of people doing sufficient physical activity in Norway has risen by 4 percent over the past five years. In terms of inhabitants, the figures mean that over 200,000 people are more physically active now than five years ago. ...
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News briefs
The turnover of Li & Fung declined by one percent...
The turnover of Li & Fung declined by one percent to $8.63 billion in the first half, reflecting macroeconomic conditions. It remained flat in the U.S. and fell by 13 percent in Europe. It grew by 14 percent in Asia but dropped by 9 percent in the rest of the ...
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News briefs
Adidas filed a suit against Skechers USA in Portland's district...
Adidas filed a suit against Skechers USA in Portland's district court on Sept. 14, charging that one of its shoe styles is a knock-offs of its Stan Smith model, and that others use its Supernova trademark and its Three-Stripe mark. The two companies have already squared off and reached settlements ...
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News briefs
The World Federation of the Sporting Goods Industry (WFSGI) has...
The World Federation of the Sporting Goods Industry (WFSGI) has set up a new “Aerodynamics and Weight Limitation Working Group” in order to address the issue of UCI (International Cycling Union) weight limitation for road bikes. The new working group has been installed as part of WFSGI's Bicycle Committee. The ...
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News briefs
The British government has launched a public consultation in the...
The British government has launched a public consultation in the country to find out what can be done to increase participation in sport. The consultation will run for just under nine weeks, from Aug. 4 until Oct. 2. Figures from Sport England for the 12 months to March 2015 show ...
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Sport England's This Girl Can campaign has teamed up with...
Sport England's This Girl Can campaign has teamed up with therunningbug.co.uk to encourage women to get moving and help raise money for cancer research. The #1milechallenge requires women to move for a mile by walking, running, swimming, cycling, or however they can. When they have finished, they create a 10-second video clip ...
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News briefs
The government of Myanmar has approved the first minimum wage...
The government of Myanmar has approved the first minimum wage for all the workers in the country, which is becoming a new sourcing hub for clothing and footwear, except for businesses that employ fewer than 15 people. After bitter negotiations, the minimum wage has been set at 3,600 kyat ($2.86) ...
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News briefs
The government of Brazil has sent a delegation to Indonesia...
The government of Brazil has sent a delegation to Indonesia to determine whether the country has a market economy and to check out any relations that local shoe producers may have with Chinese producers. Opponents of the current anti-dumping duties on Chinese shoes have in fact proposed Indonesia as the ...
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News briefs
Italia Independent has signed a four-year contract to develop, produce...
Italia Independent has signed a four-year contract to develop, produce and distribute the Adidas Originals line of eyewear. The news helped the eight-year-old Italian company to gain nine percentage points on the Italian stock exchange. The Adidas Originals eyewear line was previously produced by Silhouette International, a much bigger Austrian ...
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News briefs
Fusalp, the French skiwear company recently acquired by members of...
Fusalp, the French skiwear company recently acquired by members of the Lacoste family, has resurrected its dormant brand of knitted sweaters, Montant, which was worn by members of the French ski team between 1952 and 1970. Made in France with merino wool, the four styles of Montant sweaters will be ...
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News briefs
Poc, the Swedish company owned by Black Diamond, has partnered...
Poc, the Swedish company owned by Black Diamond, has partnered with Light Flex Technology to explore an innovative printed light technology which uses active light to make riders visible, as opposed to the passive reflective technology used on most bike apparel. According to Light Flex, its new printed light technology ...
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News briefs
The Cycling Sports Group (CSG) of Dorel Sports is recalling...
The Cycling Sports Group (CSG) of Dorel Sports is recalling about 23,000 Cannondale mountain bikes sold in the U.S. because their OPI tem/steering tube assemblies can fail, posing a risk of injury from a fall. About 800 additional units were sold in Canada. This recall involves all model years 2011 ...
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News briefs
Reebok has joined forces with Bershka, one of Inditex' retail...
Reebok has joined forces with Bershka, one of Inditex' retail banners, for the design of a fitness footwear model. The exclusive shoe, which is called “City Maps,” comes in tricot fabric and breathable materials, and weighs less than 200 grams. The model is already available at selected Bershka stores and ...
