Latest Headlines – Page 207
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Kästle moves production to the Czech Republic
Kästle has doubled the range of its products for the next autumn/winter season. In March 2018, the Austrian ski manufacturer announced the arrival of a new majority shareholder from the Czech Republic, ConsilSport, which owns Sporten, a manufacturing company that produces about 100,000 pairs of alpine and cross-country skis annually. Parts of Kästle's ...
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Zanier restructures and diversifies
Zanier, the Austrian glove manufacturer, has restructured and revamped its logistics. Previously, logistics were handled in-house at the company's headquarters in Innsbruck, the city Zanier moved to from Lienz in October 2017. Logistics are now being taken care of by an external service provider.In March, Beate Winkler will assume the recently ...
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Ispo Munich breaks a new record
Klaus Dittrich, chairman and chief executive of Messe München, delivered the traditional press conference a few days before the start of its Ispo Munich trade show. He began with some bad news, reporting that a worker had fallen from a ladder during the setting-up process and succumbed to his injuries.Fortunately, ...
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Intersport grew by only 0.7% in 2018 worldwide
Intersport International Corp. reported today a sales increase of only 0.7 percent on a currency-neutral basis in 2018. The relatively slow growth was partly attributed to a lower number of affiliated stores in operation at the end of the year. They were 5,562 around the world, down from 5,647 at ...
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Intersport quits Russia
Intersport isn't having problems only in Austria, where one of its biggest retail members, Bründl Sports, has decided to stop trading under the Intersport banner as from Sept. 1 (see our previous issue). We have also learnt that Intersport's Russian master franchisee, Johaston, and its franchisees have closed all their ...
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Sportmaster wins over Adidas, launches its sixth chain
Sportmaster has reinforced its dominant market position in Russia, announcing that it will once again start offering products under the Adidas brand from the autumn/winter 2019/20 season, after many years of separation.Sportmaster considers itself as a strategic partner of Nike, and it also offers brands like Puma and Asics. However, ...
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Amazon launches pop-up stores in Europe
What is happening to the big e-tailers? After the recent profit warnings of Asos and Zalando, the two biggest sharks in the pond, Alibaba and Amazon, have just put out discouraging figures. Both companies, which operate big marketplaces for sporting goods and many other products in their respective territories, have ...
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China slowdown weighs on Alibaba’s sales
Alibaba Group Holding's revenues for its third fiscal quarter, ended on Dec. 31, grew at their weakest pace in four years, weighed by a slowing Chinese economy, which is being attributed to the ongoing trade war with the U.S.The Chinese e-tailer's sales increased by 41 percent from the year-ago quarter ...
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Puma launches a self-lacing shoe
A few days after Nike's announcement of the Adapt BB, its new self-lacing shoe for basketball (see our previous issue), Puma unveiled its own self-lacing training shoe, called FI. Made for workouts and light running, it employs a micromotor to power a cable system that laces and unlaces the shoe ...
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New sourcing head for Puma
After reporting the appointment of a new European sales and marketing director (see our previous issue), Puma has announced the appointment of Anne-Laure Descours to the new position of chief sourcing officer, giving her a seat on its management board. She will also be responsible for sustainability at the group ...
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Northwave goes back to action sports
After acquiring a leading position in the mountain bike market with its highly technical cycling shoes, the Italian company has decided to move back into the snowboard business, where it had a prominent position between 2008 and 2013.Northwave is a brand that was bought in 1989 by Gianni Piva, who ...
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Boardriders consolidates its European operations
Confirming a report in a local daily newspaper, officials of Boardriders say that its management informed representatives of its staff at its two sites in the Basque region of France last week that they will have to work in the future at a single location at Saint-Jean de Luz, where ...
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Apex seeks strategic partners
Apex Ski Boots said it is evaluating interest from strategic and financial partners to expand its distribution capabilities. In particular, it is seeking a partnership with global companies that have access to major ski and snowboard markets outside of North America, including Europe, Asia and China. The American company is ...
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Amundsen Sports doubles turnover
In 2018, Norway's Amundsen Sports doubled its turnover and had its best results ever, according to Sportfack. Sales for the year totaled 36 million Norwegian Krone (€3.7m-$4.3m), with the demand from Europe and the U.S. on the rise. Roughly half of the company's online sales of NOK 6 million (€0.6m-$0.7m) ...
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Hoka and Teva boost Deckers’ revenues
Deckers Brands' management said it was essentially one year ahead of its strategic plan as the company saw its overall sales jump by 7.8 percent in the third quarter of its financial year. They reached $873.8 million in the three months ended on Dec. 31.Hoka One One's sales soared by ...
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The WTO will tackle e-commerce
Geo-blocking, selective distribution and other issues related to e-commerce have already been tackled by organizations like the German Cartel Office and the European Federation of the Sporting Goods Industry (Fesi), which has a working group together with the World Federation of the Sporting Goods Industry (WFSGI) on such topics.
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21sportsgroup drops running for boardsports
Citing increasing competition in the running market from established retailers and the websites of the sports brands, which have led to rising marketing costs and shrinking margins, 21sportsgroup, a major German online retailer with European ambitions, said that it will phase out one of its online stores, 21run, by the ...
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JD Sports expands internationally, keeps margins
JD Sports Fashion is making significant progress in its international development. The British retailer is increasingly optimistic about the international potential of its JD banner, which is already operating in 14 countries outside of the U.K. and Ireland. During the second half of its financial year, ended on Jan. 2, ...
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Twinner Iberia becomes Tréndico
After 14 years in business, Twinner Iberia, the Spanish buying group, has changed its name to Tréndico Group. According to Carlos Tejero, the group's chairman, the new name is intended to serve as a potent umbrella brand for the group's multiple brands and omni-channel business. CMDsport, the Spanish trade paper, has ...
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Skins is insolvent
Skins, the brand of compression garments run by Jaimie Fuller, has gone into bankruptcy proceedings in Switzerland. A bank in the Canton of Zug has appointed a judicial administrator, Marc Trochsler, who is expected to put up the brand and its intellectual property rights for sale. Many candidates are said ...
