Browsing Tag Company news
-
15 May 2012 at 09 : 32 AM
ISIS Equity and Inov-8 get in the running for international growth
ISIS Equity Partners has completed an investment in Inoveight Holdings Limited, the company behind the minimalist run shoe brand Inov-8. The investment by ISIS will support the business in continued expansion into new markets and further develop Inov-8’s established track record of new product development. The transaction was led by Mark Advani and ...
Read More -
10 May 2012 at 11 : 35 AM
Under Armour sues Body Armor
Apparel and compression specialist Under Armour has reportedly sued US sports nutrition brand Body Armor. The dispute centres on the ‘inter-locking’ logo used by Body Armor, in its ready to drink (RTD) sports drink products, which is seen to aggravate a similarity between the two brands’ word marks. In its complaint, Under Armour alleges that ...
Read More -
2 May 2012 at 10 : 16 AM
SiS growth supported by opening of new manufacturing facility
Provexis plc has officially opened a new manufacturing facility for its Science in Sport (SiS) sports nutrition business in Nelson, Lancashire. The opening, held yesterday, was attended by Junior World Road Champion and 2011 Junior BBC Sports Personality of the Year nominee, Lucy Garner, and the UK’s top amateur cyclist and Time Trial champion, Michael ...
Read More -
1 May 2012 at 16 : 58 PM
Strong preliminary adidas Q1 results overshadowed by irregularities in India
Preliminary Q1 2012 figures have been released by adidas Group that ‘are materially above market expectations’. In the first quarter of 2012, adidas Group revenues increased 14% on a currency-neutral basis or 17% in Euro terms to €3.8 billion. Growth rates in Greater China and Japan as well as at TaylorMade-adidas Golf were stronger than originally ...
Read More -
5 April 2012 at 09 : 52 AM
Giant and Merida expect 3.3 million bike shipments to China in 2012
Taiwan’s leading two bike manufacturers, Giant Manufacturing and Merida Industry are expecting to sell in the region of 3.3 million bikes in China this year, according to a report by Taiwan Economic News. Both Giant and Merida are expecting to see sales increases of +30% in China for 2012, with demand driven by medium to high-end bicycle models. For ...
Read More -
6 February 2012 at 10 : 39 AM
Accell Group strengthens operations in Asia
European bike producer Accell Group NV, which owns brands such as recently acquired Van Nicholas, alongside Koga and Lapierre amongst others, has strengthened its operations in Asia with the appointment of a senior executive for its offices in Taiwan. As the company pointed out, the Asian organisation of Accell Group is becoming increasingly important in ...
Read More -
21 December 2011 at 12 : 05 PM
NUUN selects Smack Media as public relations agency
Nuun and Company, pioneer of the leading electrolyte enhanced drink tablet, has named Smack Media as its public relations agency of record. The partnership comes together as Nuun looks to continue an aggressive path of growth, particularly with growing retail partnerships and a new product launch for 2012. “Nuun products lend hydration and inspiration ...
Read More -
20 December 2011 at 21 : 37 PM
Amer Sports acquires Nikita
In line with Amer Sports' strategic priority to grow faster in softgoods, the company is acquiring Nikita ehf (www.nikitaclothing.com), a snowboarding inspired Action Sports apparel brand which focuses on female consumers. Annual net sales of Nikita are approximately €8 million. "Action Sports apparel is a large and dynamic market driven by young ...
Read More -
5 December 2011 at 10 : 48 AM
Orbea proud to be part of Mondragon Corp
Spain’s Orbea Bicycles has noted that it is ‘proud to be part of Mondragon corporation’. Reviewing 2010, and summarising the scale of Mondragon’s activities (with a brief mention of Orbea in the ‘Industry’ section), the ‘one year in two minutes’ video underlines the financial muscle that is behind Orbea. With extensive activities – ...
Read More -
28 November 2011 at 09 : 28 AM
Cervélo Pro Travel Experience
Taking a similar journey as Trek to deliver premium cycling holidays, pro cycling technology from Cervélo meets exclusive travel with Cervélo Pro Travel Experience. The new cycling-travel business sees Cervélo join forces with Butterfield & Robinson to create the exclusive Cervélo Pro Travel Experience initiative. Featuring 14 unique trips, each ...
Read More
