News Briefs – Page 588
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News briefs
Pelican International has appointed Marie-Christine Piedboeuf as president, effective Sept....
Pelican International has appointed Marie-Christine Piedboeuf as president, effective Sept. 1. She had been serving as vice-president of operations for several years, after arriving at the company in 2000. Prior to joining the Quebec-based maker of leisure and fishing boats, she worked at Nike Bauer as materials specialist in advanced ...
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News briefs
Sport Finance, the successful French licensee for Kappa and Robe...
Sport Finance, the successful French licensee for Kappa and Robe di Kappa, has secured two important new distribution agreements. The company will become the distributor of Prince in France from Sept. 1, fitting in well with its licensing deal for Sergio Tacchini apparel. It will also handle the distribution of ...
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News briefs
Decathlon plans to open a store in the suburbs of...
Decathlon plans to open a store in the suburbs of Stockholm in the course of next year. It currently has only one store in Sweden that was opened in 2013, when it closed its original flagship store in the country. Decathlon launched its own e-commerce platform in Sweden last spring.
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Asics has just opened its first performance store in France....
Asics has just opened its first performance store in France. The 590-square-meter store, which was inaugurated on July 31, is located in Paris at 6 rue d'Amsterdam, near the Saint Lazare railway station. The shop will sell Asics' complete running collection, sports performance categories including rugby and tennis, and the ...
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News briefs
Under Armour has opened its first Brand House in Thailand....
Under Armour has opened its first Brand House in Thailand. The 200-square-meter shop is a joint venture between UA's local distributor, Triple Private, and a local retailer, Sport Rev. UA already entered the market with an online store in April. The brand has nine other stores in the region, located ...
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News briefs
In a preliminary trading statement, JD Sports Fashion said on...
In a preliminary trading statement, JD Sports Fashion said on July 31 that it was expecting its headline pre-tax income to be about 10 percent higher than the current consensus among financial analysts of £110 million (€155.4m-$170.5m). It confirmed that it suffered some loss of margin from the weakness of ...
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News briefs
Puma's good performance in the second quarter helped Kering to...
Puma's good performance in the second quarter helped Kering to raise its revenues in the Sport & Lifestyle segment by 15.5 percent to €1.7 billion in the first half of this year. Together, Volcom and Electric grew by 15.3 percent to €129 million in euros but were down by 1.4 ...
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News briefs
Neil Cole resigned last Friday as chairman, chief executive and...
Neil Cole resigned last Friday as chairman, chief executive and president of Iconix Brand Group, parent company of Danskin, Umbro, Ocean Pacific, Candie's and many other brands. The news, which came ahead of today's release of the company financial results, precipitated its share price, which has been under pressure following ...
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Sequential Brands, owner of many brands including Avia, And1, Heelys...
Sequential Brands, owner of many brands including Avia, And1, Heelys and Revo, reported a net loss of $1.3 million for the second quarter, up from $0.6 million in the year-ago period, despite a 190 percent increase in revenues to $20.2 million. Adjusted operating earnings before amortization (Ebitda) jumped by 240 ...
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News briefs
Brunswick Corp. reported a 6 percent sales increase for the...
Brunswick Corp. reported a 6 percent sales increase for the second quarter, with revenues reaching $1,142.0 million. The sales increase was by 11 percent on a currency-neutral basis. Reported net earnings of $107.6 million compared with net earnings of $87.1 million in the second quarter of 2014. Sales in the ...
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Nautilus posted a 23 percent sales increase in the second...
Nautilus posted a 23 percent sales increase in the second quarter ended June 30. The strong growth, with sales reaching $59.7 million in the quarter, was driven by higher sales in both the direct and retail segments. The gross margins improved by 0.4 percent to 51.4 percent. Operating income from ...
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News briefs
In its first report since going public, Fitbit announced second-quarter...
In its first report since going public, Fitbit announced second-quarter revenues of $400.4 million, more than tripled from $113.6 million. International sales, which grew by 250 percent on an annualized basis, were driven by the Europe, Middle East and Africa region and the Asia-Pacific, up by 301 percent and 292 ...
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Skullcandy, which is moving into lightweight wireless earbuds and headphones,...
Skullcandy, which is moving into lightweight wireless earbuds and headphones, saw its sales increase by 8 percent to $57.9 million in the second quarter. They rose by 5 percent to $41.3 million in the U.S. and by 16 percent to $16.7 million in other markets, with growth of 24 percent ...
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News briefs
Dainese, the Italian specialist in protective wear for sports and...
Dainese, the Italian specialist in protective wear for sports and motorcycling bought by Investcorp last November, posted a sales increase of 9 percent last year to €127.9 million. The operating income before amortization (Ebitda) rose by 47 percent to €12.8 million. The net result moved from a loss of €1.8 ...
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News briefs
Yonex has reported a 4 percent drop in net income...
Yonex has reported a 4 percent drop in net income to 246 million yen (€1.8m-$2.0m) on flat revenues of ¥11.67 billion (€85.7m-$94.0m) for the first quarter of its financial year ended on June 30. Sales were depressed by the termination of a contract with its Chinese agent and the transition ...
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News briefs
Globeride's net income rose by 8 percent to 878 million...
Globeride's net income rose by 8 percent to 878 million yen (€6.4m-$7.1m) as its sales went up by 4 percent to ¥20.19 billion (€148.2m-$162.6m). The fishing tackle specialist, previously called Daiwa Seiko, sees the Japanese economy recovering slowly.
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News briefs
Another Japanese firm, Dunlop Sports, had an implied 62 percent...
Another Japanese firm, Dunlop Sports, had an implied 62 percent increase in net income to 437 million yen (€3.2m-$3.5m) for its second quarter, ended June 30, on 21 percent higher sales of ¥20.83 billion (€152.9m-$167.7m). The company benefited from better weather conditions than during the snowy spring of 2014, but ...
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News briefs
Athletic footwear sales went up by 8 percent in the...
Athletic footwear sales went up by 8 percent in the U.S. during the first half of 2015, according to NPD, with average selling prices rising by 7 percent. Sales of men's and women's shoes both increased by 8 percent, while children's shoe continued their fast pace with growth of 11 ...
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News briefs
In the U.K. the number of golf rounds played during...
In the U.K. the number of golf rounds played during the second quarter increased by 3.5 percent compared with those played in the same period of 2014, and the number grew by 6.7 percent for the first half of the year, according to the figures recently released by Sports Marketing ...
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News briefs
Nike and Apple have agreed to settle a lawsuit brought...
Nike and Apple have agreed to settle a lawsuit brought by consumers around the efficacy of the Nike+FuelBand. The class action lawsuit, which was first brought against Nike and Apple in 2013, alleged that the joint Nike-Apple fitness band was marketed on the basis of misleading claims regarding the band's ...
