Latest Headlines – Page 286
-
Article
Fresh start for Royal Robbins in Europe
Royal Robbins, an American brand of outdoor and travel garments that predominantly targets women, is making a new start in Europe, with an increased sales effort and a range that has been adjusted for the European market.European distribution has been handled for many years by Bradshaw Taylor and the brand ...
-
Article
New Haglöfs chief outlines strategic adjustments
Haglöfs, the Swedish outdoor company, has adopted nine strategic initiatives to adjust the brand's proposition and improve its profitability in the coming years. The changes are led by Peter Fabrin, the company's chief executive since November.Among the broader strategic adjustments, Haglöfs will switch from a product-driven to a more consumer-focused ...
-
Article
Peak Performance rejigs ranges and management
Peak Performance has started implementing a strategic plan put forward in May by its chief executive since September, Nicolas Warchalowski, formerly in charge at Haglöfs. While there have been few adjustments to the Swedish brand's ski and golf ranges, it has begun to rethink its outdoor and casual sports apparel.The outdoor ...
-
Article
Icebreaker expands sideways
Icebreaker has reinforced its European team with three regional managers for sales and marketing, as it continues to build on its merino-based outdoor products to move into adjacent categories.Ibrahim Can, former country manager in Switzerland, was appointed in March to supervise sales in the German-speaking countries, Eastern Europe and the ...
-
Article
Nomad embarks on a new journey
Nomad, the Dutch outdoor company, held a gathering at its stand at the OutDoor fair in Friedrichshafen last month to launch a campaign that is meant to give “a little kick” to the brand, after its change of management and ownership earlier this year.Nomad flew many of its employees to ...
-
Article
European consumers spent 4% more on sporting goods in 2014
The Western European sporting goods market recovered in 2014, rising by 3.8 percent in local currencies after declining by 0.9 percent in the previous year, based on our annual, exclusive analysis of the evolution of sports retailing in 15 major countries. In euros, consumption rose by 4.0 percent to €56.1 ...
-
Article
Big growth for XXL
XXL ASA continues to grow by leaps and bounds. In the second quarter ended June 30, the leading Nordic sports retailer's sales went up by 23.2 percent to 1,535 million Norwegian kroner (€169.1m-$185.4m), including increases of 5.4 percent on a comparable store basis and 67.7 percent in e-commerce. Sales of ...
-
Article
Golf drags down the Adidas Group
The Adidas Group has hired an investment advisor, understood to be Gugenheim Partners, to consider options for the sale of two non-core golf brands, Adams Golf and Ashworth, or perhaps even the whole TaylorMade-Adidas Golf (TMAG) segment, whose performance continued to drag down that of the group during the second ...
-
Article
Adidas buys Runtastic for €220m
Based in Austria, Runtastic is said to be one of the three key digital app companies in the sports sector, with 70 million registered users around the world and 15 million active participants every month who use its 20-plus applications, offered in 18 different languages for a variety of endurance, ...
-
Article
Callaway raises guidance on higher gross margin
Callaway Golf's second-quarter sales were essentially level with 2014, recording a 1 percent drop, but grew by 6 percent on a constant-currency basis, despite headwinds from unfavorable changes in foreign currency exchange rates and international market conditions that were softer than expected, particularly in Asia. The company posted sales of ...
-
Article
Puma sells and spends more
Puma has reported better-than-expected sales results for the second quarter, accelerating in footwear on the strength of new and innovative products, particularly under its Ignite platform. However, currency effects and higher investments in marketing and new stores caused the Wild Cat to book lower operating results and a net loss ...
-
Article
Under Armour’s international sales have almost doubled
Under Armour (UA) reported a 29 percent overall sales increase for the second quarter of 2015 compared with the same period last year, with revenues reaching $784 million. It was the twenty-first consecutive quarter of revenue growth exceeding 20 percent. International revenues, which represented 11 percent of total revenues for ...
-
Article
UA enhances its presence in Germany and Austria
Under Armour has announced a new multi-year partnership with FC St. Pauli, a German football club based in the St. Pauli quarter of Hamburg. Starting in July 2016, the American brand will provide the club's senior team and youth academy teams with game-day and training kits, designed and manufactured by ...
-
Article
Michelin partners with UA and Salewa
Michelin, the French rubber tyre company that is well known for its innovative solutions, has unveiled a collaboration with Under Armour. It has developed performance soles for new models of trail running and fast hiking shoes that UA plans to bring to the market in 2016At the OutDoor show in ...
-
Article
Descente gets control of Inov-8
In pursuit of its new, previously announced globalization strategy, the Japanese company announced the acquisition of an 80 percent stake in the U.K.-based Inov-8 group, for an undisclosed amount. Descente has already been the distributor of the fast-growing brand of off-road running shoes and accessories in Japan, Korea, Hong Kong ...
-
Article
Asics grows by 13.4% globally
Asics Corp.'s consolidated net sales grew by 13.4 percent on an adjusted basis to 221.6 billion yen (€1.6bn-$1.8bn) in the company's new second fiscal quarter ended June 30, delivering a 4.8 percent increase in net income to ¥14.53 billion (€106.7m-$117.0m). The gross margin slipped by 0.7 percentage points to 43.7 ...
-
Article
Asics EMEA grows by 12%, driven by lifestyle
Sales increased by 12 percent on a currency-neutral basis in the first half of 2015 for Asics in Europe, the Middle East and Africa (EMEA), driven by tennis shoes, women's running products and the new Asics Tiger range of lifestyle sneakers.Asics Europe says the first half showed strong growth in ...
-
Article
Asics moves into a new recruitment phase
Instead of recruiting mostly local sales and marketing personnel, Asics Corp. is beginning to look for talented and experienced management leaders from around the world who can take on global responsibilities in order to accelerate its growth. It's a business model that has already been successfully implemented by the likes ...
-
Article
Currencies depress Mizuno’s results, except in Europe
Europe was the only region where Mizuno achieved an improvement in operating earnings during the first quarter of its financial year, ended June 30. They made a big jump to 253 million yen (€1.9m-$2.0m) from ¥23 million in the same period a year ago on 4.4 percent higher sales of ...
-
Article
Good numbers for Basicnet
Basicnet's stockmarket value was 83 percent higher than at the beginning of this year after the parent company of Kappa, Robe di Kappa, K-Way and Superga reported a 51.1 percent increase in net profit to €9,090,000 for the first six months on 7.0 percent higher consolidated revenues of €63.9 million. ...
