News Briefs – Page 308
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News briefs
Wolverine Worldwide will concentrate more on Merrell, Sperry and other...
Wolverine Worldwide will concentrate more on Merrell, Sperry and other brands following the sale of Sebago to BasicNet, the Italian licensing company that owns also brands such as Briko, Kappa, K-Way and Superga. The transaction was valued at $14.25 million. Wolverine probably felt that Sebago was cannibalizing in some ways ...
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News briefs
Aquafil is to merge with Space3, an asset management firm,...
Aquafil is to merge with Space3, an asset management firm, and plans to list on the Italian stock exchange this autumn. Aquafil specializes in the production of synthetic fibers used in the textile, flooring, and clothing industries. The company is also known for its Econyl Regeneration System, an industrial system ...
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TomTom has written down the entire goodwill of €169 million...
TomTom has written down the entire goodwill of €169 million of its Consumer segment as it reviews strategic options for its sports business, including its possible disposal. The segment's turnover fell by 20 percent to €126.3 million in the second quarter of this year.
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News briefs
Two other top managers are leaving Columbia Sportswear. The chief...
Two other top managers are leaving Columbia Sportswear. The chief executive of Prana, Scott Kerslake, will quit the job on Aug. 18 to join another company in an adjacent sector. He has led Prana since 2009, building it up to reach a turnover of $100 million by 2014, when it ...
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Chris Matthews has resigned as chief executive of Go Outdoors,...
Chris Matthews has resigned as chief executive of Go Outdoors, after four years in the post. He has been replaced by Claire Webb, the former chief financial officer of the British outdoor retail chain, which was taken over by JD Sports Fashion at the beginning of this year. Webb joined ...
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News briefs
Mark DeYoung has left as chief executive of Vista Outdoor....
Mark DeYoung has left as chief executive of Vista Outdoor. He had run the company since it was spun off from Orbital ATK in early 2015, after serving as president and chief executive of the parent company for the previous five years. Michael Callahan, Vista Outdoor's lead independent director and ...
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News briefs
Martin Vergien has been appointed as vice president and managing...
Martin Vergien has been appointed as vice president and managing director of Coleman in Europe, the Middle East and Africa (EMEA). He formally takes over from Marc Hill, after several months in the same position on an interim basis. Vergien is taking charge on a regional basis of the Coleman, ...
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News briefs
Black Diamond has expanded its engineering team from six to...
Black Diamond has expanded its engineering team from six to ten persons, and it has added two outdoor industry specialists to its apparel development team. The four extra engineering staff are Greg Woolston, previously in product design at Skullcandy, who joined the lighting team. Tom Santoro is to focus on ...
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News briefs
Creating a new position, Peak Performance has hired Miklos von...
Creating a new position, Peak Performance has hired Miklos von Pronay as urban sales representative for Central Europe. His job will be to expand the brand's sales in the fashion sector. Von Pronay comes from Tiger of Sweden, where he covered the German-speaking countries. He previously worked for Closed as ...
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News briefs
Trangoworld has been distributed by Stéphane Hanssens in Belgium since...
Trangoworld has been distributed by Stéphane Hanssens in Belgium since April. The Spanish brand of outdoor and sports apparel, which was previously sold by a sales agent in the country, has been able to offset declining sales in the Spanish market, which accounts for 70 percent of the brand's total ...
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News briefs
Plutosport, a Dutch online sports retailer, wants to build up...
Plutosport, a Dutch online sports retailer, wants to build up its assortment of outdoor products, as it continues to diversify from its original focus on football products. Sportswear has become the biggest category for the retailer, which already covers a broad range of sports, from team sports to running and ...
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News briefs
Alltricks is expanding its product offering to outdoor products. The...
Alltricks is expanding its product offering to outdoor products. The French company was founded by Gary Anssens in 2008 to sell cycling products online. Today Alltricks sells products for a variety of sports, employs 130 people, and also features a brick-and-mortar store. Cycling parts and accessories and bicycles account for ...
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News briefs
Travis Campbell, president of Smartwool and first vice chairman of...
Travis Campbell, president of Smartwool and first vice chairman of the Outdoor Industry Association (OIA), has been elected chairman of the American lobbying group. He is taking the place of Gordon Seabury, who stepped down after the expiration of his two-year mandate in the post.
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News briefs
Sport Partner reports that the outdoor section of the FGHS,...
Sport Partner reports that the outdoor section of the FGHS, the Dutch organization for sporting goods suppliers, has opened an Outdoor Opportunity Concept Store at the Sports Business Center in Leusden. Set up a few months ago, the outdoor section aims to raise the share of outdoor products in the ...
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News briefs
GoPro performed better than expected in the second quarter. Its...
GoPro performed better than expected in the second quarter. Its revenues jumped by 34 percent to $297 million as compared to the corresponding period of 2016, thanks to strong demand for its Heros Black5 camera. Total camera shipments were more than 18 percent higher than in the previous three months ...
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News briefs
Helen of Troy has reported a sales increase of 16.3...
Helen of Troy has reported a sales increase of 16.3 percent to $98.4 million for its Housewares segment in the first quarter ended May 31. The segment's organic growth of 9.7 percent was led by the Hydro Flask and OXO brands. The segment's operating margin of 18.4 percent was down ...
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News briefs
Decathlon has launched a small range of Nordic walking shoes...
Decathlon has launched a small range of Nordic walking shoes under its Newfeel label, which focuses on walking. The French retailer explains that the Nordic Walking shoes were designed to be flexible, with a special Flex-H concept for the outsole, while providing traction and cushioning. The company has added an ...
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News briefs
Wetsleeve has raised more than five times its target in...
Wetsleeve has raised more than five times its target in a Kickstarter campaign started in June for its lightweight and refillable hydration solution, to be worn on the forearm. The U.S. firm says it has teamed up with Development Never Stops (DNS), a Swiss design company, to make hydration easily ...
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Thermore has announced the introduction of Thermore Freedom, a new...
Thermore has announced the introduction of Thermore Freedom, a new type of synthetic thermal insulation that is said to stretch and move with an elasticity improved by up to 40 percent as compared to the similar products available on the market. The Italian company has also announced that Peta (People ...
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News briefs
Dickies and Prana have joined HeiQ's list of brand partners...
Dickies and Prana have joined HeiQ's list of brand partners that use its technical textile finishing products. Dickies presented its new Cooling Tees empowered with HeiQ Smart Temp to retailers at this year's Outdoor Retailer (OR) Summer Market trade show, which took place in Salt Lake City on July 26-29. ...
