Latest Headlines – Page 196
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Ispo explores China and digitalization further
These two important topics are related, says Tobi Gröber, director of the Ispo group of trade shows and executive director of Messe München's consumer goods business unit. According to him, China, where the speed of change is much faster than in the west, is the future lab for the sporting ...
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Sergio Tacchini is set to become American
A group of American investors has signed an agreement in principle for the takeover of the Sergio Tacchini brand from Chinese interests, with the final deal now expected to be closed within a couple of weeks. The American group is led by Stefano Maroni, who previously signed a contract to ...
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Silhouette launches its own sports eyewear line as Marcolin takes over its Adidas license
The Marcolin group announced a licensing agreement with the Adidas Group for the design, development, manufacturing and distribution of two lines of eyewear that will reach the market early next year. A spokesperson for the Italian company said that the agreement is global, but there is an apparent discrepancy about ...
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Oberalp acquires Evolv
Oberalp has announced the acquisition of Evolv, described as the first full-fledged American brand of climbing shoes, from BRS Outdoor Holdings, an investment platform of BRS & Co. The price of the acquisition was not disclosed. The brand, which generated sales of about $8 million last year, will fit neatly ...
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Eurosima elects Rodrigues as president
Eurosima, the European association of boardsports companies, held its two-year meeting on June 17 to review its activities, approve project proposals and elect a new president and board of administrators. The association's presidency had been in Rip Curl's hands since 2003. This year, however, Wilco Prins – the third consecutive ...
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Adidas loses a court fight over its Three Stripes
The General Court of the European Union decided today to uphold a previous decision made by the European Intellectual Property Office (Euipo) that nullified a three-stripe trademark that Adidas had registered in 2014 for clothing, footwear and headgear. The news led to a drop of more than 2 percent in ...
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Sport 2000 accelerates internationally
Sport 2000 International launched today its own website under sport2000.com to convey its message as a retailer “for the sports lovers.” Behind the scenes, the international voluntary group is aiming to make better use of the data, the experience and the resources of the affiliated national retail organizations to improve ...
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Sport 2000 is working on data and omnichannel
Meanwhile, Sport 2000 International says it has made considerable progress internally toward the consolidation of POS data at the international level, with the aim of launching an international database by Dec. 31.
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Sport Voswinkel is up for sale
Sport Voswinkel, a chain of 74 stores throughout Germany that has been a member of Intersport Germany since 1989 and a subsidiary of the voluntary group since 2003, is up for sale.It filed an application for voluntary insolvency proceedings under its own administration on April 24, and it is currently ...
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More action around Signa and Karstadt Sports
The Signa Retail group is expanding its hold on the German retail sector by taking over all the shares it doesn't own in Galeria Karstadt Kaufhof, the joint venture it formed last year with Hudson's Bay Company of Canada. Signa is paying about one billion euros for the assets, which ...
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Decathlon regains momentum
With the onset of the spring/summer selling season, corrective measures at the local level have started to bear fruit in some big markets where Decathlon had suffered setbacks in 2018. Company officials indicate that these measures are bringing its employees closer to local sports users, and that this has led ...
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Decathlon tests cashless shopping
The more decentralized management approach followed by the group, which comes under the tagline “Decathlon United,” is leading some of the local, regional and national organization to take various initiatives on many fronts, which may be subsequently adopted by others within the group.Two of the group's Dutch stores have introduced ...
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New experiential store in Lyon
Decathlon has inaugurated a new concept store. Located at the Confluence shopping center in the French city of Lyon, the 2,500-square-meter store is highly digitized and experiential, with services that Decathlon offers nowhere else in France. The departments are divided by sport, in the usual manner, but more clearly organized ...
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Decathlon celebrates innovation
Decathlon has announced the winners of its innovation awards for its own private brands, or “marques passion.” The three products that have won the 2019 Decathlon Innovation Awards are the Itiwit Strenfit 500 kayak, the Quechua MH500 cook set and the Domyos Likealocker bag. The award ceremony was held at ...
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Decathlon cares about the environment
Decathlon has announced that it will stop using all single-use plastic and paper bags in all its Spanish stores on July 3, coinciding the 31-day global Plastic Free EcoChallenge next month. The measure is intended to improve the banner's image while removing 338,000 kilos of plastic every year in order ...
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Decathlon will own more floorspace in Russia
Decathlon plans to increase the share of the floorspace it owns in Russia, rather than renting it, from the current level of 25 percent to 50 percent in the coming years. Julia Gorosheni, development department director for Decathlon in Russia reportedly noted that the chain tends to rent more floorspace ...
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11teamsports buys into a similar Czech retailer
11teamsports, the German multi-channel retailer, has taken control of Top4Sport, a similar Czech-based sporting goods retailer, by acquiring a 51 percent stake in the company on June 1. The takeover is expanding the group's presence in other parts of Europe. Up to now, 11teamsports was only represented in Germany, Austria, ...
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Lululemon is unstoppable
The Canadian brand's momentum shows no signs of slowing, as it posted another set of strong results for its first fiscal quarter ended May 5.Thanks to increased traffic to its stores, impressive growth in new markets – especially China – and strong digital gains, Lululemon Athletica recorded revenues of $782.3 ...
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Amer invests in winter sports after a strong rise in sales
Amer Sports has decided to invest €30 million over the next 12 months in the modernization of its ski manufacturing facilities in Austria and the logistics in the segment. The program, which was part of the group's long-term strategy, has been approved by China's Anta Sports Products and its other ...
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Ukraine increases ski exports to Europe
In 2018, Ukraine exported $49.1 million in skis to the European Union, a 17.3 percent increase as compared to the previous year, said the Ukrainian Economy Development Ministry earlier this year. The country thereby strengthened its position as the biggest skis exporter to the region, but the ministry provided no ...
