Rossignol takes back apparel business
Rossignol has put an end to its apparel licensing agreement with Sports et Styles, which is related to Look Cycle, the French bicycle company. The license was attributed in 2009, to ensure the continuity of Rossignol’s apparel business while the company’s new owners, led by Bruno Cercley, focused on its turnaround in the ski market....
Columbia Sportswear’s European sales shrink
Columbia Sportswear’s European sales fell by 14 percent to $38.1 million for the first quarter of this year, but the drop was compensated by a sales rise of 14 percent in Latin America and Asia, while the company’s turnover remained flat in the U.S. market. The outdoor group’s turnover landed at $333.1 million for the...
Asics opens high-tech stores in Spain
Asics is preparing to open two high-tech flagship stores in Spain in the coming months. The stores in Barcelona and Madrid will both include the latest Running Lab, which boasts the highest level of biomechanical analysis. Another high-tech attraction is the Asics Foot ID service, developed by the Asics Institute of Sport Science in Kobe....
Warm winter hits Jarden outdoor unit sales
The warm winter shaved about $25 million off the turnover of Jarden Corporation’s outdoor business unit in the first quarter. This contributed to a sales decline of 1.1 percent to $670 million for the unit, which includes the K2, Coleman and Marmot brands. The company expects another hit of $25 million in the second half...
Accell issues shares to buy Raleigh
The Accell Group has reached an agreement to acquire all of the outstanding shares of Raleigh Cycle, owner of the Raleigh and Diamondback brands, at a price of about €60 million. The Dutch group already owns a gaggle of bicycle brands, from Batavus to Sparta, Koga, Lapierre and many more, but Raleigh Cycle will neatly complement...
New head of retail at Puma
Puma has appointed Stefan Meyrat to become its head of global retail, with immediate effect. The Swiss replaces Sergio Bucher, who started as European general manager at the beginning of April. Meyrat has been with Puma since 2006 as head of retail in Eastern Europe, the Middle East and Africa. He will now report directly to Stefano...
One Way Sport wants compensation from Fischer
One Way Sport said it would be seeking significant compensation from Fischer, after courts in Germany and Finland rejected three separate claims by Fischer relating to trademark rights and unfair competition. The dispute relates to the use of the black and yellow colors for Nordic skis and boots. The Finnish company said it would seek...
Pon in top shape to buy more bicycle brands
Pon Holdings, the huge Dutch car company that stormed into the bicycle business with three prominent acquisitions in less than one year, lifted its sales by about 17 percent to €5.9 billion last year. Bicycles still barely registered in the annual report published by Pon, with sales of €32 million for 2011, due to the...
Under Armour upgrades forecast after strong quarter
Under Armour lifted its sales by 23 percent to $384 million for the first quarter of this year, with similar growth rates for apparel and footwear. The company said that the rise was partly driven by new products, like Cold Black and Armour Bra. Under Armour’s gross margin dipped by 0.8 percentage points to 45.6...
Tern wins red dot design award
Tern, the young urban cycling company, has won a prestigious red dot award for product design with its Verge Duo folding bicycle. The Taiwan-based firm was launched only last year by Joshua Hon, son of the founder of Dahon, the established specialist in folding bicycles. Since then, Tern has already been distinguished three times with international awards for...
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