All Brands articles – Page 84
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News briefs
H&M wins court fight against Adidas
H&M, which is moving more strongly into men’s activewear, has won a long-standing case against Adidas at the Court of Appeal in The Hague, which has ruled that the dual stripe design on its apparel didn’t infringe on Adidas’ three-stripe trademark. The court has also found that the proportions of ...
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News briefs
Nike runs out of Kobe Bryant items
Nike announced on Jan. 28 that the Kobe Bryant merchandise sold through its website had sold out. The company reportedly withdrew the merchandise shortly after the retired NBA star – along with eight others, among them his own daughter, Gianna, and a basketball coach – died in a helicopter crash ...
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News briefs
Adidas will sponsor Leeds
Adidas will replace Kappa in the 2020/2021 season as the kit sponsor of Leeds United. The deal with Kappa was set to expire at the end of this season. It will be the first time that Leeds wears Adidas. Leeds’ kit was previously supplied by Nike, Umbro, Admiral, Asics, Puma, ...
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News briefs
Puma backs beach soccer
Puma has signed a global partnership agreement with Beach Soccer World Wide (BSWW), the organization responsible for the creation and growth of beach soccer. Under the terms of the deal, which has immediate effect, the German sportswear brand will supply uniforms for BSWW officials and entertainment crew, as well as ...
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News briefs
Special collabs by Moncler
Moncler has announced three new collaborations as part of its Genius project. JW Anderson, Jonathan Anderson’s label, is the latest name to be added to the roster of Moncler Genius designers. More unexpectedly, two names from outside the world of fashion have also joined the program. These are Rimowa, the ...
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News briefs
New action by Adidas for the environment
Adidas has announced a new milestone for 2020, as more than 50 percent of the polyester used in its products will come from recycled plastic waste, said the company. This means that the sportswear giant will be on track to meet its goal of using only recycled polyester in all ...
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News briefs
Asics manages climate risks
Asics has been awarded a position on the Supplier Engagement Leaderboard by CDP, a global environmental impact non-profit organization. CDP assessed more than 4,800 companies in order to assign them a Supplier Engagement Rating, which was based on answers to questions regarding targets, governance, scope 3 emissions, and value chain ...
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ArticleThe German Cartel Office blesses Signa’s takeover of SportScheck
Following a comprehensive investigation, the German Cartel Office has concluded that the planned acquisition of SportScheck by the Austrian-based Signa Retail Group via its Galeria Karstadt Kaufhof subsidiary can go ahead as the new conglomerate resulting from the transaction will have a market share of less than 15 percent in ...
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ArticleGresvig goes bankrupt
A new, unnamed strategic investor is in line to take over majority control over the Gresvig Retail Group, according to our sources. The second-largest Norwegian sporting goods retailer, which recently decided to rebrand all its stores to the Intersport banner (SGI Europe Vol. 30 N° 29+30 of Aug. 29, 2019), ...
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ArticleXXL looks for new funds, launches massive clearance
XXL ASA is still stuck in a downward spiral and is taking drastic steps to try and stop it, including a search for new “sustainable” sources of liquidity other than new equity. A decision in this respect is expected to be taken during the present quarter, said the management, declining ...
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ArticleSport 2000 increases cross-border cooperation
Reporting growth of 8 percent in retail sales to €4.94 billion including VAT across Europe in 2019, driven by Germany, Sport 2000 International is working on creating a more integrated, vertically oriented retail service organization with a strong international brand, offering new and flexible ways to approach consumers.
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ArticleFirst Sport 2000 Absolute Teamsport store opened in Austria
The first Austrian store under the umbrella of the “Absolute” business concept developed by Sport 2000 International opened its doors on Feb. 6 in the Weberzeile shopping mall in Ried im Innkreis. With an area of 250 square meters, the new Absolute Teamsports specializes exclusively on team sports.
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ArticleIntersport grows by 3 percent in the 5-country group
Intersport Germany has made a strategic decision to concentrate on fewer brands that can “tell a story” to counter the rapid expansion of Decathlon in its territory. In collaboration with Adidas, it is launching in March an emotional, youth-oriented brand-building campaign around running for German television, to be followed by ...
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ArticleSigna expands in Spain and Switzerland
Signa, the Austrian-based real estate and retail giant is further expanding its reach beyond the core German market with a small acquisition in Spain and a bigger one in Switzerland.
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Article
Skechers invests in omni-channel
In reporting a strong 23.1 percent increase in overall revenues to $1,330 million for the fourth quarter of 2019, Skechers’ management revealed that it is developing a new omni-channel retailing platform where its brick-and-mortar stores will be more integrated with its e-commerce operations.
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Article
Columbia’s sales growth is softening
The management of Columbia Sportswear is projecting an increase of 4.5 to 6.0 percent in its total sales this year, with an operating margin of 12.6 to 12.8 percent.
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Article
Expanding abroad, Hoka is still Deckers’ engine of growth
Deckers Brands, the parent of Ugg and other footwear brands, recorded good sales and earnings in the third quarter ended on Dec.31, once again boosted by Hoka One One, which is now selling fewer shoes in the U.S. than in the rest of the world.
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Article
Johnson Outdoors’ profits jump by 83%
Johnson Outdoors recorded strong gains in revenues and profits in all its divisions except Watercrafts for its first fiscal quarter, ended on Dec. 27, 2019. The company’s net income jumped by a staggering 83 percent from the year-ago period to $6.4 million.
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Article
A rule change to deal with Nike’s Vaporfly
In response to controversy over Nike’s Vaporfly running shoe and the bouncy carbon-fiber plate inserted in its sole, World Athletics has instituted new regulations on athletic footwear worn for competition (For background, see SGI Europe – Vol. 31 n°2+3 of Jan. 24).
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ArticleAccelerating, Intersport launches a “Heart of Sport” brand platform
Continuing the progress already achieved, Intersport International Corporation reports an overall sales increase of 3.2 percent for its affiliated sports retailers around the world in 2019, reaching a total retail turnover of €12.3 billion after VAT in terms of euros and recovering from growth of only 0.7 percent in the ...
