News Briefs – Page 584
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News briefs
Just before the World Rugby Cup was under starters' orders...
Just before the World Rugby Cup was under starters' orders in England, Skins announced its partnership with USA Rugby. The Swiss-based brand of compression garments already sponsors the Australian Wallabies and the national teams from the Pacific islands of Samoa and Tonga. Skins will thus have four of the 20 ...
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Leki has signed up Ted Ligety, a downhill ski champions...
Leki has signed up Ted Ligety, a downhill ski champions who has claimed 24 victories and 49 podiums in World Cup competitions. A native of Park City, Utah, he won gold medals at the 2006 Olympics in Turin and the 2014 Olympics in Tokyo. Ligety will race with Leki's Trigger ...
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Peak Sports, the Chinese athletic footwear brand, has signed Dwight...
Peak Sports, the Chinese athletic footwear brand, has signed Dwight Howard, a basketball player with the Houston Rockets, to an endorsement deal reportedly worth a minimum of $15.7 million. The value could grow to as much as $31.5 million through performance bonuses and other options. The player's previous contract with ...
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Ispo Munich, which has made no major changes to its...
Ispo Munich, which has made no major changes to its basic layout in six years, is re-distributing the exhibition space in 11 of its 16 halls for the next Jan. 24-27 edition, creating better synergies between some segments and improving walking distances. The Health & Fitness segment will spread over ...
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Klaus Dittrich, chairman of the executive board of Messe München,...
Klaus Dittrich, chairman of the executive board of Messe München, organizer of the Ispo trade shows around the world, and Rolf Schmid, chief executive of the Mammut Sports Group, made a bid for the summit of the Mont Blanc earlier this month, but didn't quite make it to the top. ...
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The number of visitors to Sport-Achat, the French trade show...
The number of visitors to Sport-Achat, the French trade show staged in Lyon on Sept. 7-8, continues to increase. It went up by 6 percent to 2,151. The simultaneous Bikexpo fair was visited by nearly 760 professionals representing 450 stores. The higher attendance contrasted with a drop in the number ...
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The 2024 Summer Olympic Games will take place in Budapest...
The 2024 Summer Olympic Games will take place in Budapest or Hamburg or Los Angeles or Paris or Rome. These five cities entered the final bids before the deadline on Tuesday night. Toronto withdrew its candidacy. As previously reported, Beijing beat Almaty by a narrow margin in the International Olympic ...
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News briefs
Brunswick Bowling held a training seminar in Yancheng, China, on...
Brunswick Bowling held a training seminar in Yancheng, China, on July 21-25, on the occasion of the Chinese Bowling Foundation (CBF) Education Conference. The event offered an opportunity for bowler development, from beginner to advanced players and coaches, and included a seminar on the best practices in center operations and ...
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News briefs
Paris will ban cars for a day as an experiment...
Paris will ban cars for a day as an experiment in its efforts to reduce carbon emissions. The Journée Sans Voitures (Day Without Cars) will be Sunday, Sept. 27, from 11am to 6pm. Cars will be banned from a substantial area that includes the first, second, third, fourth, fifth, sixth, ...
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Several Dutch shoe retailers have filed for bankruptcy in the...
Several Dutch shoe retailers have filed for bankruptcy in the last few months, as reported in Shoe Intelligence, blaming competition and the economy. This time it's the turn of a major sporting goods retailer, Telstar Sports & Fashion, which operates several megastores in the country. According to Sport Partner, one ...
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Since the autumn of 2014, there has been a steady...
Since the autumn of 2014, there has been a steady rise in the number of bankruptcies among Norwegian sporting goods retailers. The number increased from 15 bankruptcies in the first half of 2014, to 23 in the second half of last year, before rising further to 24 in the first ...
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Pentland Group disclosed that it has made an investment in...
Pentland Group disclosed that it has made an investment in Tracksmith, a developer of premium performance running apparel, based in Boston, participating with others in a $4 million round of financing. The investment will help Tracksmith to further expand the product offering, to boost marketing and to create physical training ...
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Dalian Wanda Group Co. has agreed to acquire full ownership...
Dalian Wanda Group Co. has agreed to acquire full ownership of the World Triathlon Corporation (WTC), which owns the Ironman brand and races, for $650 million. The takeover is reportedly going to make Dalian Wanda the world's biggest operator in the sports business. It already organizes many sports events and ...
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News briefs
Under Armour's shareholders approved a stock split on Wednesday, creating...
Under Armour's shareholders approved a stock split on Wednesday, creating a new C class of non-voting shares that will allow the company's founder and chief executive, Kevin Plank, to keep control of the company with 15 percent of the shares and 67 percent of the votes, but with a five-year ...
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The board of another fast-growing U.S. company, Skechers USA, has...
The board of another fast-growing U.S. company, Skechers USA, has decided to implement a three-for-one stock split on Oct. 15, subject to shareholders' approval at its annual meeting on Sept. 24. The price of its shares nearly tripled in the past 12 months. At its stock market close of $142.73 ...
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Callaway Golf Co. has issued 2,318,399 new shares to retire...
Callaway Golf Co. has issued 2,318,399 new shares to retire $17,388,000 worth of 3.75% convertible senior notes maturing in August 2019. The company will also make an unspecified cash inducement payment as part of the transaction, which will reduce the outstanding principal of the notes to $27,517,000. Earlier, Callaway had ...
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News briefs
Adidas has completed the purchase of a new warehouse outside...
Adidas has completed the purchase of a new warehouse outside Moscow at a price estimated by local sources at between $70 million and $100 million. Located in a warehousing complex where it has been renting more than 65,000 square meters of space since 2012, the new warehouse is nearly double ...
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Adidas is testing different workplace concepts at its headquarters in...
Adidas is testing different workplace concepts at its headquarters in Herzogenaurach in a new office building named “Pitch,” where 300 of its brand management employees were moved at the beginning of the month. The new office space does not embody any finished concept but is the flexible beta version of ...
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News briefs
United Sports Brands is the new name of the combined...
United Sports Brands is the new name of the combined global organization resulting from the already announced merger of Shock Doctor Sports and McDavid. It will serve as the corporate parent of the two companies' brands: Shock Doctor, McDavid, Cutters and XO. United Sports Brands will move to a new ...
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News briefs
We have already reported on the sale of Backcountry.com by...
We have already reported on the sale of Backcountry.com by Liberty Interactive Corp. to an investment firm, TSG Consumer Partners (Compass no. 8-12+13 of July 13). Liberty has now disclosed that it made a gain of $105 million on the transaction, which gave Backcounty.com a valuation of 11 times projected ...
