News Briefs – Page 608
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News briefs
XXL ASA, the leading Norwegian sporting goods retailer, purchased a...
XXL ASA, the leading Norwegian sporting goods retailer, purchased a further 25,000 own shares on the stock exchange on March 26 at an average share price of NOK 70.54. That brought to 100,000 the number of shares held in treasury, representing 0.07 percent of the capital.
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News briefs
Kipsta, Décathlon's private label brand for team sports products, opened...
Kipsta, Décathlon's private label brand for team sports products, opened its own head office in the north of France earlier this month. Kipstadium, as the complex is called, is built on a plot of land that straddles the municipalities of Roubaix, Tourcoing and Wattrelos. Kipsta has reportedly invested about €12 ...
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Two leading American suppliers of sports protection equipment with operations...
Two leading American suppliers of sports protection equipment with operations also in Europe, Shock Doctor Sports and McDavid, announced last week an agreement to merge. Aside from their compression apparel, the product ranges of the two companies are largely complementary. Owned by Bregal Partners, a private equity investment company, Shock ...
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Contrary to previous expectations, 21sportsgroup, the German online and offline...
Contrary to previous expectations, 21sportsgroup, the German online and offline retailer based in Mannheim, has finally agree to take over Planet Sports, the German action sports retailer. The company had announced in January its intention to make the acquisition but then backed out of the deal, claiming that Planet Sports' ...
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PAI Partners is considering the acquisition of Evans Cycles, a...
PAI Partners is considering the acquisition of Evans Cycles, a British chain of 50 bike stores that sells also online, according to The Telegraph. The Paris-based fund recently bought A.S. Adventure, the largest outdoor retailer in Europe.
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News briefs
RCG Corporation of Australia, which has the license for The...
RCG Corporation of Australia, which has the license for The Athlete's Foot in Australia and New Zealand, has agreed to acquire Accent Group (AGL), a company in New Zealand that owns the Platypus chain of sneaker stores and distributes seven international brands including Dr. Martens, K-Swiss, Skechers, Timberland and Vans. ...
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News briefs
Basicnet has concluded a new financing package worth €15 million...
Basicnet has concluded a new financing package worth €15 million with Istituto di Credito Intesa San Paolo for the next four years, to be amortized on a quarterly basis. Meanwhile, the company's board of directors has decided to propose to its shareholders a new program to buy back shares for ...
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Vincent Wauters, who has been the general manager of Arc'teryx...
Vincent Wauters, who has been the general manager of Arc'teryx since 2012, has been made president of Amer Sports' apparel business. He will again become a member of the group's executive board, and he will continue to run the Canadian-based brand. In connection with Wauters' appointment, Andy Towne will leave ...
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News briefs
Puma has appointed Johan Adamsson to the new position of...
Puma has appointed Johan Adamsson to the new position of sports marketing and sports licensing director, taking over some of the responsibilities of Christian Voigt, who has decided to leave the company. Adamsson, a Swedish national, will be based at the head office in Herzogenaurach. He has filled various roles ...
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News briefs
Kering, parent company of Puma, Gucci and other brands, has...
Kering, parent company of Puma, Gucci and other brands, has appointed a new director of mergers and acquisitions to replace Charles de Fleurieu, who is going to serve as head of Kering Eyewear Japan. The new M&A director is Yves Egeileh, 35. He started his career at PriceWaterhouseCoopers in Paris. ...
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News briefs
Halfords, the British chain of bicycle stores, has appointed Jill...
Halfords, the British chain of bicycle stores, has appointed Jill McDonald as its new chief executive, replacing Matt Davies who has moved to Tesco. Coincidentally, the new CEO had been working at McDonald's since 2006. She started off as chief marketing officer for the U.K. and Northern Europe. She became ...
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News briefs
Altamont Capital Partners, which took over control of Fox Head...
Altamont Capital Partners, which took over control of Fox Head last December, has appointed Paul Harrigton, former chief executive of Easton-Bell Sports, as the company's new CEO. He takes the place of Scott Olivet, who remains chairman of the company. Harrington led Easton-Bell for five years until 2013. He previously ...
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News briefs
Stefan Dvonoczky is going to take the place of Peter...
Stefan Dvonoczky is going to take the place of Peter Untersperger as chief executive of Lenzing, starting on June 1. The Austrian-based supplier of Tencel and other fibers reported a net loss of €14.2 million for the past year, compared with net income of over €30 million the previous year, ...
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News briefs
Vans has promoted Lance Eddy to the position of sales...
Vans has promoted Lance Eddy to the position of sales director. In his new role, he will be leading product strategy and core marketing in the U.S., and will be coordinating the distribution of the brand in Europe, Africa and the Middle East. Eddy joined Vans in 1997 as a ...
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News briefs
Ken Reeve has left the Blacks Outdoor chain of...
Ken Reeve has left the Blacks Outdoor chain of stores in the U.K., where he was appointed as managing director after the departure of Julia Reynolds in mid-2012 after a brief stint. He has also quit the board of the Outdoor Industries Association (OIA). Reeve was made strategy director of ...
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News briefs
Berghaus has hired Paul Cosgrove as product manager for...
Berghaus has hired Paul Cosgrove as product manager for the Berghaus Extreme range of outdoor gear, the brand's most technical collection. Cosgrove has spent 15 years in the outdoor industry. He served most recently as head of marketing and product at Montane.
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News briefs
Patagonia has promoted Bruce Old to the position of vice...
Patagonia has promoted Bruce Old to the position of vice president of global wholesale. His mission will be to elevate the company's presence in all specialty retail channels, continuing to build up a global customer service team. Old has spent more than 20 years with Patagonia, working in retail, wholesale ...
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News briefs
Deckers Brands has promoted Dave Powers to the role of...
Deckers Brands has promoted Dave Powers to the role of president of the company. In his new role, he will lead the omni-channel, as well as each of the brand teams. Deckers' portfolio of brands includes Ugg, Teva, Ahnu, Sanuk, and Hoka One One. Powers joined Deckers in 2012 as ...
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News briefs
Vista Outdoor, the sporting goods and outdoor company recently spun...
Vista Outdoor, the sporting goods and outdoor company recently spun off from Alliant Techsystems (ATK), has appointed a vice president of marketing, Brett Merrell, and a vice president of investor relations, Michael Pici. They report to Mark DeYoung, chairman and chief executive of Vista Outdoor. Merrell has been placed in ...
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News briefs
Primaloft has promoted Victoria Lee to manager of creative services,...
Primaloft has promoted Victoria Lee to manager of creative services, with immediate effect. Lee joined the company in 2006 and most recently served as brand and promotions associate. In her expanded role, she will assume a wider range of responsibilities in global creative and branding. She will also serve as ...
