News Briefs – Page 612
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News briefs
Deckers Brands has launched a multi-brand e-commerce platform in Singapore...
Deckers Brands has launched a multi-brand e-commerce platform in Singapore and Australia, to be followed by openings in Hong Kong later this month, and Malaysia and South Korea before the end of June. The company plans to launch it in New Zealand and Taiwan in 2016 and other Asia-Pacific countries ...
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Under Armour plans to open stores in major European cities...
Under Armour plans to open stores in major European cities such as London, Paris, Berlin, Munich, Amsterdam, Madrid and Barcelona before the end of 2017, according to Modaes.es. The Spanish website reports that Under Armour's sales grew last year by 63 percent to €10 million in Spain, where the brand ...
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News briefs
Skullcandy reported a 34 percent sales increase to $96.8 million...
Skullcandy reported a 34 percent sales increase to $96.8 million for the fourth quarter of 2014, delivering a gross margin of 43.3 percent and a 97 percent improvement in operating income to $5.3 million. Net earnings jumped to $7.4 million from $3.6 million in the year-earlier quarter. The headphone brand's ...
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News briefs
Fourlis Group achieved a sales increase of 10.2 percent to...
Fourlis Group achieved a sales increase of 10.2 percent to €122.4 million for its sporting goods retail business last year. This comprises Intersport stores in Greece, Cyprus, Bulgaria, Romania and Turkey. The Ebitda for sports retailing was up by 43.2 percent to €10.8 million and pre-tax profit reached €4.3 million, ...
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News briefs
Acushnet delivered last year an operating margin of 10.5 percent...
Acushnet delivered last year an operating margin of 10.5 percent of revenues, which grew by 3 percent to US$1,537.6 million, a 4 percent increase in local currencies. It reached sales of $1,122.4 million with Titleist golf clubs and balls, and $415.2 million with FootJoy golf shoes.
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News briefs
Johnson Health Tech reached revenues of 16,646 million Taiwanese dollars...
Johnson Health Tech reached revenues of 16,646 million Taiwanese dollars (€480.4m-$529.0m) in the year ended last Dec. 31, up from TWD 15,428 million in the previous year. The Matrix Fitness line of fitness equipment boosted its sales by 19 percent globally.
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News briefs
Sports Marketing Surveys (SMS), the sports research company, found that...
Sports Marketing Surveys (SMS), the sports research company, found that golf participation stabilized just above 3.301 million players in the U.K. last year. This is a sharp drop compared with more than 4 million players in 2006 but slightly down from 3.364 million in 2013. The trend for last year ...
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News briefs
Labor costs in China are expected to rise by 12...
Labor costs in China are expected to rise by 12 percent annually in the period from 2013 to 2020. According to The Economist Intelligence Unit (EIU), part of the Economist publishing group, manufacturing labor costs in China will continue to increase sharply on an annual basis, although they will do ...
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News briefs
The Royal St George's golf club, an Open Championship venue...
The Royal St George's golf club, an Open Championship venue in Kent, has voted to allow women members for the first time. The resolution in favor of this change was adopted at an extraordinary general meeting last month, with immediate effect. More than 81 percent of the full members took ...
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News briefs
Stuart Jones, the son of the former executive chairman of...
Stuart Jones, the son of the former executive chairman of JJB Sports, Sir David Jones, is standing trial for allegedly helping his father forge a bank statement to disguise a £1.5 million (€2.09m-$2.27m) loan from the board of the defunct retailer. The trial started at Leeds Crown Court on March ...
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News briefs
The founder of Patagonia, Yvon Chouinard, and Nike's brand president,...
The founder of Patagonia, Yvon Chouinard, and Nike's brand president, Trevor Edwards, have been inducted into the 2015 Marketing Hall of Fame, a scheme run by the New York chapter of the American Marketing Association to celebrate brilliance in marketing across all fields and organizations, including corporations, consulting firms, agencies ...
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News briefs
El Corte Inglés, VF Corp., Li & Fung and PVH...
El Corte Inglés, VF Corp., Li & Fung and PVH have agreed to start sourcing their apparel products from Azim Group in Bangladesh after the company agreed to negotiate with workers' unions at two of its 24 factories in the country. As reported by The New York Times, Azim will ...
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Nike says it has forged new partnerships with Garmin, TomTom,...
Nike says it has forged new partnerships with Garmin, TomTom, Wahoo Fitness and Netpulse, allowing their devices to connect with its evolving Nike+ application. The app was first launched in cooperation with Apple a year ago. Nike made the fresh announcement on the eve of the public release of the ...
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News briefs
Mizuno has struck a five-year partnership with Collezione Automobili Lamborghini,...
Mizuno has struck a five-year partnership with Collezione Automobili Lamborghini, the well-known Italian producer of sports cars, for a line of sports apparel and footwear featuring the carmaker's shield that will be on the market from next autumn. The deal was disclosed during the Geneva Motor Show that began on ...
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News briefs
Renoun, an American ski brand that won an Ispo Gold...
Renoun, an American ski brand that won an Ispo Gold Award last month, has incorporated the proprietary D30 hyper-damping technology in its Endurance line. It is the first time that this British smart material has been used in ski hardware. It is already used by Burton and Scott Sports in ...
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News briefs
Michel Perraudin, former executive board member at Adidas and current...
Michel Perraudin, former executive board member at Adidas and current board chairman of Odlo, is part of a group of investors who have acquired a minority stake in Ameo. That is the German company behind the Power Breather, a breathing device for swimmers that won the Ispo Brand New Award in ...
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News briefs
The Pump technology that contributed to Reebok's rise in the...
The Pump technology that contributed to Reebok's rise in the early nineties is making a comeback. The ZPump Fusion, which hit the stores a few days ago, was described as a reinvention of the Pump, adjusting the technology of this classic for an entirely new performance running shoe. The familiar ...
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News briefs
K-Way, one of the brands of Basicnet, has worked with...
K-Way, one of the brands of Basicnet, has worked with Fiat Chrysler Automobiles to develop a special model of its Panda car that features a foldable Visibag safety device, consisting of a high-visibility sleeveless jacket stored inside a dedicated pouch in the seats. Basicnet's president and founder, Marco Boglione, has ...
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News briefs
Vibram has announced a new partnership with “Girls on the...
Vibram has announced a new partnership with “Girls on the Run,” a physical-activity based program aimed at inspiring and empowering pre-adolescent girls in North America. For every pair of Vibram-soled shoes sold at participating retailers, the brand will donate 5 percent of the price to “Girls on the Run.” The ...
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News briefs
The New Balance Foundation has pledged $2.55 million toward a...
The New Balance Foundation has pledged $2.55 million toward a new initiative focused on the promotion of physical activity for children, in collaboration with the 100 Mile Club and ChildObesity180 at Tufts University. At the core of the collaboration is the New Balance Foundation Billion Mile Race, a nationwide campaign ...