Latest Headlines – Page 302
-
Article
Halfords Nederland restarts with 45 stores
The trustees who are managing the bankruptcy of Halfords NL have reached an agreement with Halfords franchisees for a restart of the Dutch retail chain, which sells bicycles as well as bike and car parts and accessories. Initially there will be 45 stores and, according to Bike Europe, further expansion ...
-
Article
Masita is declared bankrupt
Masita Sportswear, a Dutch company specialized in team sports apparel, was declared bankrupt earlier this month. The company employs 40 people in the southern Dutch town of Echt. Established in Sittard in 1933, Masita was taken over in 2012 by Philip Ploegaerts, a former Belgian football player and management board ...
-
Article
New profit warning by Li Ning but there have been improvements
Li Ning, the Chinese sports company, warned that it would suffer a loss of up to 820 million yuan (€114.4m-$132.1m) for 2014, although its performance has improved in the second half of the year on the back of the many measures taken in the last two years to support the brand ...
-
Article
Nike takes over Chinese football deal
Nike quickly came up with designs for jerseys for the Chinese men's national football team last week, after the China Football Association (CFA) ended a partnership that had lasted about three decades with Adidas at the close of the year. Nike reportedly inked a contract worth 100 million yuan (€14m-$16m) per ...
-
Article
Adidas to invest heavily in U.S. sports marketing
Adidas has struck a 12-year partnership with the University of Miami (UM) as part of a renewed U.S. sports marketing drive. Taking the place of Nike after 27 years, the Three Stripes will act as official supplier of shoes, clothing and accessories to all 18 Miami Hurricanes collegiate teams from ...
-
Article
Skins backs campaign for Fifa reform
Skins, the Swiss-based brand of compression apparel, is among the backers of a campaign to reform Fifa, ahead of the election for the presidency of the international football federation, to be held in May. New Fifa Now will kick off with a summit to be held at the European Parliament ...
-
Article
Under Armour signs up Andy Murray
Confirming rumors, Under Armour has announced a four-year sponsorship deal with Andy Murray, the world's sixth-ranked tennis player, covering clothing, footwear and accessories. The 27-year-old British tennis star will start participating in Under Armour's marketing campaigns immediately, but will continue to wear Adidas' Barricade shoes during the first half of ...
-
Article
Neil Pryde retires
Neil Pryde, founder and chairman of the international boardsports group that carries his name, has announced his retirement. Patrick Pender and Peter Lui will continue to act as chief executive and chief operating officer of Neil Pryde Group, respectively.Pryde, a former Olympic yachtsman who turned 75 in October, has been ...
-
Article
Klättermusen hires global sales director
John Zopfi has been appointed as global sales director at Klättermusen, the Swedish outdoor brand, from the start of this year. The recruitment could be regarded as part of the brand's strategy to expand its distribution under the ownership of Scope, a private equity firm that bought a majority stake ...
-
Article
Leadership transition secured at Nomad
Peter Korver has been appointed to the helm of The Nomad Company, the Dutch outdoor brand, which was hit last summer by the death of its owner and managing director, Barry Kooijmans, in the Malaysia Airlines flight shot down over Ukraine.Korver is a well-known personality in the Dutch sports business. ...
-
Article
Keen will make shoes in Europe
Keen Footwear will offer the first three models of shoes with the “European Made” label for the autumn/winter 2015/16 season, backed by a high-budget marketing program. They are being outsourced to an unnamed Italian company that uses a direct injection process and has a modern manufacturing facility in Romania. The ...
-
Article
The global hockey leader grows by 47%
Performance Sports Group (PSG) has reported a 47 percent sales increase to $172.3 million for its second financial quarter ended Nov. 30. Sales rose by 51 percent on a constant-currency basis. They were driven by an organic sales increase of 10 percent, coming mainly from its Bauer hockey business, and ...
-
Article
Wolverine reports on sales acceleration
Nine of the 16 brands in Wolverine Worldwide's portfolio delivered double-digit sales increases in the fourth quarter of 2014, led by Chaco, which is adding closed-toe footwear. Sperry Top-Sider recovered in the quarter, posting a high single-digit gain. These and other tidbits were given by the group's management a few ...
-
Article
New managers, new DC for fast-growing Bergans
Jochen Hoffmann, who has worked for Norrøna and Berghaus in Germany and the Benelux countries, takes over from Bernd Taube as sales manager of Bergans of Norway for Germany, Austria and Switzerland. Taube had left the company in the summer. Bergans has also appointed a new CSR manager at its ...
-
Article
New personalized skis from Spain
A group of Spanish ski enthusiasts has launched Kustom Skis, a new multi-channel service that allows customers all over Europe to purchase partly or fully customized skis by choosing different options through its website. The prices are comparable to those of commercial branded skis and physical retailers are invited to ...
-
Article
A growing market for wearables
New action cameras, smartwatches, fitness belts and other wearable technologies used in the sporting goods sector were prominently under the spotlight during the past few days at the annual Consumer Electronics Show (CES) in Las Vegas, which tends to attract more than 150,000 visitors.The Consumer Electronics Association (CEA) predicted that ...
-
Article
How did the Industry Billionaires Fare in 2014?
SGI America has listed the people who made money in the sporting goods business and now have at least three commas in their net worth. They are gleaned from sources ranging from Forbes magazine and its own research, as the magazine misses quite a few legitimate billionaires:Phil Knight (Nike): He ...
-
Article
Sportia takes control of Team Sportia
Through an equity increase, Sportia, a financially solid Finnish chain of nearly 60 franchised stores, is acquiring a 67.5 percent controlling stake in Team Sportia, the third-largest sports retailer in Sweden, which has recently gone through rough times. It's a significant across border transaction that is intended to refinance the ...
-
Article
Swiss Intersport goes up and down
The snow started to fall in the Nordic countries and on the Alps a few days ago, just in time for the Christmas holiday season, but the unseasonably mild weather of the autumn has seriously affected sporting goods and fashion retailers. The belated snowfall has caused particularly strong damage to ...
-
Article
Lex will work with GSM
The Lex Group, which acts as a buying group for German running specialty retailers, will move next month from Mainhausen to the Cologne office of GSM Verbund, a young German buying and marketing group for shoe and sporting goods retailers with specific sections for different segments of the market. Starting ...
